Tuesday, July 8, 2008

Zenn Electric Vehicle: Kelly Blue Book's Review

negative hit piece on the zenn electric car

Pre-Market: NYSE & Nasdaq Gaps

FNMFannie Mae16.75 +1.01+6.42% 764,030
WAGWalgreen Co.31.70 0.000.00% 585,800
FREFreddie Mac12.95 +1.04+8.73% 559,710
IWMiShares:Russ 2000 Idx65.55 -0.14-0.21% 444,528
WMTWal-Mart Stores, Inc57.01 +0.10+0.18% 400,350
LEALear Corporation13.23 0.000.00% 309,000
XOMExxon Mobil Corp86.29 -0.66-0.76% 306,332
GMGeneral Motors Corporation10.25 +0.01+0.10% 294,968
BACBank Of America Corporation21.68 +0.15+0.70% 277,099
HDHome Depot, Inc22.27 -0.05-0.22% 268,100
FCXFreeport-McMoRan Copper & Gold Inc108.42 -1.17-1.07% 253,279
GLDSpdr Gold Trust90.95 -0.28-0.31% 206,089
HMCHonda Motor Co., Ltd.33.40 -0.08-0.24% 201,700
FCXPRMFreeport-Mcmoran Copper & Go158.85 0.000.00% 178,000
FFord Motor Company4.48 +0.01+0.22% 170,373
WBPRSWachovia Corp New21.48 0.000.00% 150,000
LEHLehman Brothers Holdings Inc21.03 +0.19+0.91% 140,200
CSXCSX Corporation56.88 0.000.00% 123,100
NOKNokia Corp24.40 -0.17-0.69% 117,786
CCitigroup, Inc16.55 +0.15+0.91% 115,199
BNIBurlington Northern Santa Fe Corporation94.63 0.000.00% 105,000
RDSARoyal Dutch Shell Plc79.03 +0.08+0.10% 88,400
AUAnglogold Ashanti Ltd31.96 -0.63-1.93% 84,300
COPConocophillips89.85 -0.51-0.56% 78,600
WMWashington Mutual Inc5.25 +0.12+2.34% 75,378
NVONovo-Nordisk A/S62.21 -1.02-1.61% 75,000
GSKGlaxoSmithKline plc47.62 +1.79+3.91% 73,400
FXIiShares:FTSE/Xinhua127.12 -1.30-1.01% 65,535
LCCUS Airways Group Inc2.61 +0.14+5.67% 63,697
IMBIndyMac Bancorp Inc0.45 -0.26-36.62% 62,770

QQQQPowerShares QQQ44.94 +0.04+0.09% 3,238,255
BRLCSyntax Brillian Corp0.05 -0.41-89.13% 903,025
SYMCSymantec Corp19.13 -0.00-0.00% 763,500
GOOGGoogle Inc548.00 +4.09+0.75% 413,626
ORCLOracle Corporation20.84 -0.25-1.19% 332,020
SHPGYShire Limited46.16 +0.04+0.09% 325,000
ASMLAsml Holding N V23.12 -0.71-2.98% 163,700
MDVNMedivation Inc12.50 +0.44+3.65% 140,562
AAPLApple Inc175.51 +0.35+0.20% 133,769
SIRISirius Satellite Radio Inc1.95 -0.03-1.52% 127,801
RIMMResearch in Motion Limited116.54 +0.88+0.76% 109,213
YHOOYahoo! Inc23.82 -0.09-0.38% 80,402
NSANYNissan Motors16.19 +0.03+0.19% 70,790
UAUAUal Corp4.40 +0.21+5.01% 68,320
AAUKAnglo Amern Plc30.25 -0.16-0.53% 64,000
TEVATeva Pharmaceutical Inds Ltd43.55 +0.37+0.86% 58,779
ENEREnergy Conversion Devices Inc68.90 +3.57+5.46% 32,849
QCOMQUALCOMM Incorporated45.52 +0.16+0.35% 28,900
CPSTCapstone Turbine Corp3.49 +0.08+2.35% 25,400
INTCIntel Corporation20.66 -0.05-0.24% 24,070
SPLSStaples Inc22.17 -0.97-4.19% 21,200
CSCOCisco Systems, Inc22.51 -0.06-0.27% 21,106
ALTIAltair Nanotechnologies Inc1.66 +0.21+14.48% 16,800
BIDUBaidu Com Inc331.50 +3.61+1.10% 14,624
HYGSHydrogenics Corporation1.75 +0.10+6.06% 14,183
ESLREvergreen Solar Inc9.25 -0.02-0.22% 13,777
BPHXBluephoenix Solutions Ltd4.69 +0.43+10.09% 13,702
ETFCE Trade Financial Corp3.31 -0.01-0.30% 12,950
LVLTLevel 3 Communications Inc2.70 +0.05+1.89% 12,216
SOLFSolarfun Power Holdings Co L14.90 +0.11+0.74% 11,600


Pre-Market: Stock Trading Before the Markets Open from CNNMoney



Opening View: IndyMac Bancorp Increases Pressure on Financial Sector

Turning to financial news, IndyMac Bancorp (IMB: View sentiment for IMBsentiment, chart, options) said after the close last night that Federal Deposit Insurance Corp. (FDIC) regulators are barring the company from accepting new brokered deposits after concluding that the lender isn't "well capitalized" after it failed to raise new capital. IMB is still eligible to get a waiver from the FDIC, but the company said it's not certain a waiver will be granted. IndyMac also announced that it will cut 3,800 jobs, bringing staff levels to roughly 3,400. Furthermore, the company expects that second-quarter losses could be larger than the first quarter.

In the retail sector, Office Depot (ODP: View sentiment for ODPsentiment, chart, options) said that "pressure from weakening business conditions" pushed second-quarter North American same-store retail sales nearly 10% lower. For the quarter, total sales were "down slightly" as "sales trends worsened late in the quarter." ODP expects the economy to be "difficult" for the rest of 2008, but expects profit margins to improve sequentially in the third and fourth quarters.

On the earnings front, Pepsi Bottling Group (PBG: View sentiment for PBGsentiment, chart, options) said that second-quarter net income rose 7% to $174 million, or 78 cents per share. Revenue jumped 5% to $3.52 billion. Analysts expected earnings of 75 cents per share on sales of $3.55 billion. PBG still expects annual earnings between $2.30 and $2.38 per share, but now sees revenue growth between 5% and 6%, down 1% from prior estimates on both the high and low end.

Finally, United Airlines (UAUA: View sentiment for UAUAsentiment, chart, options) and Frontier Airlines (FRNT: View sentiment for FRNTsentiment, chart, options) announced that they will layoff about 600 workers at the Denver International Airport. In a June 17 letter to the state, United said it would dismiss 50 customer service representatives and 100 workers classified as "ramp servicemen" in Denver beginning this week. In another letter dated June 27, Frontier Airlines said it would lay off 456 employees beginning September 1. Frontier filed for bankruptcy in April and had said at the time it would layoff employees to cut costs. United has said it would cut about 1,600 jobs through 2009.



Opening View: IndyMac Bancorp Increases Pressure on Financial Sector



NYSE Arca Morning Update

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
$234,727,170
QQQQ
$65,131,719
MA
$25,085,914
USO
$11,912,346
GLD
$7,574,975
RDS.A
$6,923,400
AAPL
$5,983,069
IWM
$4,516,228
XLF
$3,075,960
GSK
$2,858,920
Stock
Share Volume
SPY
1,885,351
QQQQ
1,454,098
XLF
159,900
FNM
131,785
USO
105,523
MA
101,580
BRLC
97,700
RDS.A
87,700
GLD
83,520
IWM
68,950

no stocks gapping over 15 percent on arca today

NYSE Arca Morning Update


Pre-Market Trading 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)

BluePhoenix Solutions, Ltd.
$4.26 $4.65 9.15% 23,908

UAL Corporation
$4.19 $4.48 6.92% 74,000

True Religion Apparel, Inc.
$25.11 $26.55 5.73% 3,614

Energy Conversion Devices, Inc.
$65.33 $68.90 5.46% 33,799

Energy Recovery, Inc.
$10.23 $10.78 5.38% 7,900

Medivation, Inc.
$12.06 $12.50 3.65% 143,162

Capstone Turbine Corporation
$3.41 $3.49 2.35% 25,400

Sequenom, Inc.
$16.98 $17.35 2.18% 9,400

Hythiam, Inc.
$2.35 $2.40 2.13% 11,200

Level 3 Communications, Inc.
$2.65 $2.70 1.89% 13,216

As of 7/8/2008 9:10:46 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)

Staples, Inc.
$23.14 $22.01 4.88% 21,800

ViroPharma Incorporated
$10.83 $10.41 3.88% 8,600

Century Aluminum Company
$61.15 $59.10 3.35% 11,100

ASML Holding N.V.
$23.83 $23.11 3.02% 164,300

Quest Energy Partners, L.P.
$14.87 $14.46 2.76% 5,000

Randgold Resources Limited
$45.10 $44.16 2.08% 5,400

Qiagen N.V.
$20.35 $19.95 1.97% 5,900

ATS Medical, Inc.
$2.08 $2.05 1.44% 6,000

Oracle Corporation
$21.09 $20.84 1.19% 332,020

Linn Energy, LLC
$23.02 $22.90 0.52% 3,000

As of 7/8/2008 9:10:10 AM



Pre-Market Most Active Stocks - NASDAQ Premarket



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