Tuesday, May 13, 2008

Wall Street Warriors - Full Episodes streaming online for free

I found an excellent show based on different people on wall street in different sectors of the industry. i really enjoyed this.
-st0ckman


Hulu - Wall Street Warriors - Full Episodes streaming online for free




Pre Market Trading Indications

Gapping down in reaction to disappointing earnings/guidance: CRZ -15.8%, USS -14.3%, DFR -11.3%, VVTV -10.3%, FXEN -9.1%, LDK -7.0%, HOKU -6.8% (also files for a $110 mln mixed shelf offering and co and Solarfun approve amendment and extension of polysilicon supply agreement), ABP -6.0%, NUAN -6.0%, WSPI -5.8%, WNR -4.2%, DISH -3.1%, SIL -2.6%, VGR -2.0%, HPQ -1.8% (also confirms it will acquire EDS for $13.9 bln and hearing removed from Americas Conviction Buy List at tier 1 firm), WMT -1.5%...

Select European financial names trading lower following weakness in overseas trading
: RBS -3.6%, BCS -2.5%, UBS -1.9%, DB -1.3%, ING -1.0%...

Select gold stocks showing weakness with lower spot prices
: AU -2.1%, AUY -2.1%, GOLD -1.9%, NEM -1.5%, GFI -1.3%, GLD -1.1%...

Other news: DT -8.5% (holder KfW to sell convertible bond - Bloomberg.com), PPC -6.8% (agrees to underwritten offering of common stock), TRLG -6.7% (still checking), TBSI -6.6% (announced follow-on offering of 3.4 million common shares), NAT -4.5% (announces that it has commenced an offering of 4 mln shares), HT -2.8% (announces commencement of public offering of 6 mln common shares), ASML -2.7% (still checking), NLY -2.5% (files for 40 mln share common stock offering), TS -1.4% (still checking)...

Analyst downgrades: GNA -3.7% (downgraded to Hold at KeyBanc), LHCG -2.8% (downgraded to Market Perform at Wachovia), MNT -2.8% (downgraded to Hold at Lazard Capital), HBHC -2.0% (downgraded to Market Perform at Keefe Bruyette), BKUNA -1.4% (downgraded to Hold at Sterne Agee), CETV -1.3% (hearing downgraded to Neutral at tier 1 firm).

Gapping up in reaction to strong earnings/guidance
: FSYS +18.6%, CSIQ +17.3%, KNXA +15.1%, NTWK +13.6%, ULTR +11.1%, FLR +7.2%, PAL +5.8%, WRNC +5.4%, BE +5.4%, BYI +4.3%, PGIC +3.5%, PBR +3.0%, PSEC +2.7%, GIGM +1.9%, CCJ +1.7%...

M&A news: IOMI 110.3% (Intercell AG to buy Iomai in a cash deal worth $6.60/share), EDS 0.9% (HPQ confirms it will acquire EDS for $25/share)...

Other news
: CKXE +6.2% (revised purchase offer from 19X for $12 per share), FWLT +3.8% (up in sympathy with FLR), CFX +3.4% (Cramer makes positive comments on MadMoney), OC +2.0% (Cramer makes positive comments on MadMoney), EMR +1.9% (Cramer makes positive comments on MadMoney), SOLF +1.2% (HOKU Scientific and Solarfun approve amendment and extension of polysilicon supply agreement)...

Analyst upgrades
: MEDX + 3.1% (upgraded to Buy at Needham), BOOM + 2.1% (upgraded to Buy at Keybanc).

Gapping up
: FSYS +18.6%, KNXA +17.0%, FLR +7.2%, PAL +5.8%, BE +5.4%, BYI +4.3%, CFX +4.2%, WRNC +3.8%, PGIC +3.5%, PBR +3.0%, OC +2.7%, CKXE +2.0%, EMR +1.9%, LMC +1.8%...

Gapping down
: ABP -11.4%, DFR -11.3%, DT -7.7%, VVTV -7.2%, HOKU -6.7%, NUAN -5.0%, LDK -4.8%, WNR -4.2%, NAT -4.2%, AU -2.9%, HT -2.8%, WMT -2.7%, ASML -2.7%, NLY -2.5%, TS -2.0%, PPC -1.8%, DB -1.5%.


Pre Market Trader Talk with Bob Pisani - CNBC.com

Stronger retail sales than expected (ex-auto up 0.5 percent, the best showing since November) has caused an 8-point pop in futures.

Elsewhere:

1) Hewlett-Packard's

Hewlett-Packard Co
HPQ

46.83 UNCH 0%
NYSE




[HPQ 46.83 --- UNCH (0%) ] $12.6 b deal for Electronic Data [EDS 24.13 --- UNCH (0%) ] systems ($25.00 a share) is a direct challenge to IBM[IBM 125.24 --- UNCH (0%) ] , and--bulls hope--the most recent of many strategic acquisition deals by large companies. Still, the IBM bulls are not shrinking--IBM closed at a 6 year high yesterday.

2) Engineering and construction giant Fluor

Fluor Corp
FLR

166.36 UNCH 0%
NYSE




[FLR 166.36 --- UNCH (0%) ] again proved the value of being truly international. They get nearly 60 percent of their revenues outside the U.S. They are particularly strong in oil and natural gas engineering--where their revenues were up 55 percent. Industrial and infrastructure was flat. Power segment up over 100 percent. Most importantly, they have continued to land substantial new contracts, and so they have increased their earning guidance for 2008 by almost 20 percent. Up 9 percent pre-open.

3) Liz Claiborne

Liz Claiborne Inc
LIZ

18.37 UNCH 0%
NYSE




[LIZ 18.37 --- UNCH (0%) ] cut their guidance (a day after Ann Taylor [ Loading... (%) ] raised theirs), but stock is not down. Earnings better than expected.

4) Toll Brothers

Toll Brothers Inc
TOL

23.37 UNCH 0%
NYSE




[TOL 23.37 --- UNCH (0%) ] continued the trend of builders, noting that the spring selling season was "quite weak in most markets as buyers remained on the sidelines," according to CEO Robert Toll. He does note that "there is significant pent-up demand which is growing. When we have held promotions, buyers have come out to play and put down deposits. Often, however, a lack of confidence in the direction of home prices overcomes their enthusiasm..."

5) Meredith Whitney again cut earnings estimates for Goldman Sachs, Merrill Lynch, Lehman, and Morgan Stanley--this time for 2008 and 2009.


Whitney said that brokers will have to write down gains they booked on the declining value of their own debt (this is all due to a recent change in accounting rules). More importantly, Whitney noted that "With less than three weeks until the end of the fiscal 2Q08, the global capital markets activity for the quarter shows continued weakness with declines of over 40% YOY across the different segments. We believe that valuation multiples, at best, will remain at current levels but more likely deteriorate further as we believe the outlook for the group is far more bleak than that reflected in the market."

And yet, others see signs of improvement. For example, Douglas Sipkin at Wachovia noted this morning that there has been recent strengthen in some parts of the capital markets, including IPOs, Mergers and Acquisitions, debt markets, and a tightening in spreads for high yield securities.



Retail Sales Stronger, But Some Financials Get Earning Cuts - Trader Talk with Bob Pisani - CNBC.com

Pre-market: SmallCap

Here are the biggest percentage gainers and losers in pre-market trading among companies with a market cap between $50 million and $750 million:

Biggest percentage gainers:

Fuel Systems Solutions, Inc. (Nasdaq:FSYS), up 19% after reporting first-quarter results after Monday’s close that beat the street and raised full-year revenue guidance.
Kenexa (Nasdaq: KNXA), up15% after the global provider of talent acquisition and retention services reported first-quarter earnings after Monday’s close that trumped the consensus on Wall Street, while revenues met. The company also issued full year guidance above analysts’ estimates and second-quarter revenues above the Street.
Ultrapetrol (Bahamas) Ltd. (Nasdaq:ULTR), up 13% after the industrial transportation company reported first-quarter results Monday evening that beat the consensus on Wall Street. The small cap attributed the robust results to strong demand in all of its main lines of business.

Biggest percentage losers:

ShopNBC (Nasdaq:VVTV), down 10% after the 24-hour TV shopping network said after Monday’s close that it expects to report a decline in first-quarter revenues below the consensus on Wall Street, as the company grappled with a difficult consumer economy and a slowdown in discretionary spending.
Hoku Scientific, Inc. (Nasdaq:HOKU), down 7% after reporting fourth-quarter results this morning that fell short of the consensus view on Wall Street.
Comverge, Inc. (Nasdaq:COMV), down 5% after reporting a first-quarter net loss that was wider than Wall Street expected, but narrower from the year-ago quarter.


Shares of Kenexa (Nasdaq:KNXA) got a jolt in pre-market trading after the global provider of talent acquisition and retention services reported first-quarter earnings after Monday’s close that trumped the consensus on Wall Street, while revenues met.

The company also issued full year guidance above analysts’ estimates and second-quarter revenues above the Street.

Shares gained 15%, or $2.81, to $21.40 in pre-market trading. For detailed price information and recent news stories about Kenexa, click KNXA.


Pre-market: Kenexa jumps on Q1 EPS above the Street, revenues meet - SmallCapInvestor.com

NYSE Arca Morning Update


Stocks trading on NYSE Arca at a price more than 15% away from the previous trade day's consolidated close price. (As of 08:30:00 ET)

Stock
Monday's Close Current Price Pct Chng Current NYSE Arca Vol
IOMI

$2.91

$6.28

116%

12,000

CSIQ

$34.23

$40.16

17%

148,490

NTWK

$2.70

$3.16

17%

1,400

10 Most Active stocks on NYSE Arca as of 08:30:00 ET

Based on Dollar Volume: Based on Share Volume:
Stock
Dollar Volume
SPY
$217,176,392
AIG
$79,765,671
HPQ
$77,902,258
EDS
$21,748,063
QQQQ
$15,584,560
BHP
$13,082,671
WMT
$8,117,643
SAP
$6,929,497
DRS
$6,541,817
CSIQ
$6,002,920
Stock
Share Volume
AIG
2,080,033
HPQ
1,696,432
SPY
1,550,465
EDS
893,649
QQQQ
318,342
BHP
150,127
CSIQ
148,490
WMT
142,509
SAP
138,700
SOV
106,600

NYSE Arca Morning Update

Pre-Market Most Active Stocks - NASDAQ Premarket


NASDAQ - Pre-Market Ten Most Advanced

Active Share Volume Declined

Symbol

Company Name

Market
Close
Last Sale (Pre-Market) % Change
(Pre-Market)
Share
Volume

(Pre-Market)

Iomai Corporation
$2.92 $6.30 115.75% 22,100

Canadian Solar Inc.
$34.10 $40.34 18.30% 279,664

EMCORE Corporation
$6.92 $7.40 6.94% 13,884

Warnaco Group Inc (The)
$45.99 $48.49 5.44% 3,700

China Sunergy Co., Ltd.
$9.94 $10.41 4.73% 21,500

Foster Wheeler Ltd.
$68.90 $71.50 3.77% 6,335

GigaMedia Limited
$17.47 $18.10 3.61% 38,300

Energy Conversion Devices, Inc.
$51.62 $53.25 3.16% 12,882

Xinhua Finance Media Limited
$3.98 $4.09 2.76% 3,675

Solarfun Power Holdings Co., Ltd.
$14.94 $15.34 2.68% 14,827

As of 5/13/2008 8:15:40 AM

NASDAQ - Pre-Market Ten Most Declined

Active Share Volume Advanced

Symbol

Company Name

Market
Close
Last Sale (Pre-Market) % Change
(Pre-Market)
Share
Volume

(Pre-Market)

LJ International, Inc.
$3.82 $3.45 9.69% 8,300

Nuance Communications, Inc.
$21.01 $19.37 7.81% 7,738

TBS International Limited
$52.81 $49 7.21% 3,830

Hoku Scientific, Inc.
$8.25 $7.69 6.79% 5,840

Openwave Systems Inc
$2.14 $2.01 6.07% 9,400

True Religion Apparel, Inc.
$23.48 $22.08 5.96% 4,390

DISH Network Corporation
$30.45 $29.70 2.46% 3,300

Capstone Turbine Corporation
$3.27 $3.20 2.14% 7,385

ASML Holding N.V.
$29.29 $28.86 1.47% 32,800

Sirius Satellite Radio Inc.
$2.87 $2.83 1.39% 18,350

As of 5/13/2008 8:15:44 AM

Pre-Market Most Active Stocks - NASDAQ Premarket

Subscribe to "The $t0ckman" via email

Enter your email address:

Delivered by FeedBurner