MarketWatch.com - Pre-Market Indications

Wednesday, September 10, 2008

Pre Market Trading Gaps News

Gapping Down

In reaction to disappointing earnings/guidance: HOFT -8.6%, PAY -7.4%… Select airlines ticking lower with crude higher: DAL -8.9%, AAI -5.1%, LCC -4.3%, UAUA -1.9%… Other news: GFIG -23.0% (announces termination of talks with Tullett Prebon; also downgraded to Sell at Citigroup), XEL -2.9% (announces that it has priced 15 mln shares at $20.86), HUM -1.5% (discloses that it will lose 308k members because its pricing for medical drug benefits are above benchmarks), TSN -1.3% (prices 20 mln shares of common stock at $12.75/share)… Analyst comments: CPHD -3.5% (downgraded to Neutral at Piper), DRIV -1.5% (downgraded to Market Weight at Weisel).

Gapping Up

In reaction to strong earnings/guidance: AVAV +7.3%, HIMX +7.3%, TXN +4.4%, FDX +3.0%… M&A news: IRF +6.1% (Vishay Intertechnology increases all-cash proposal for International Rectifier to $23.00/share in cash from $21.22/share)… Select oil/gas names showing modest strength with crude higher: STO +3.3%, HES +2.5%, TOT +1.0%… Select foreign financials showing strength: MTU +6.0%, AXA +3.5%, UBS +3.3%, DB +1.8%, ING +1.3%, BCS +1.2%,… Other news: SNY +5.6% (continued strength on report Glaxo’s Viehbacher to replace Le Fur), STM +5.0% (up in sympathy with TXN), CRM +4.6% (will replace FRE in the S&P 500 after the close on 9/12), UPS +3.6% (up in sympathy with FDX), FAST +3.2% (will replace FNM in the S&P 500 after the close on 9/12)… Analyst comments: AEO +3.0% (upgraded to Buy at BofA), NSC +1.8% (upgraded to Buy at UBS), BJRI +1.6% (upgraded to Buy at Wedbush), HWAY +1.1% (raised to Neutral from Sell by Goldman Sachs - DJ).




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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
Tuesday's Close Current Price Pct Chng Current NYSE Arca Vol
GFIG

$9.61

$6.90

( 28%)

6,000

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
$833,352,569
IWM
$116,822,009
QQQQ
$102,442,891
LEH
$96,138,187
XLF
$46,931,411
SKF
$40,868,557
DIA
$15,731,538
UYG
$11,005,354
MER
$10,092,651
KIM
$9,184,340
Stock
Share Volume
LEH
11,305,900
SPY
6,763,622
QQQQ
2,395,649
XLF
2,244,536
IWM
1,644,206
TSN
544,369
UYG
531,303
MER
424,249
SKF
346,583
UBS
302,178



NYSE Arca Morning Update:

Nasdaq Pre Market Trading Gaps


Symbol

Company Name

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

(Pre-Market)

Quest Resource Corporation
$3.54 $4.25 20.06% 5,000

Kohlberg Capital Corporation
$9.23 $10.75 16.47% 5,500

China Information Security Technology, Inc.
$5.16 $5.95 15.31% 26,016

ARM Holdings, plc
$5.78 $6.04 4.50% 3,100

Uranium Resources, Inc.
$2.03 $2.12 4.43% 5,700

Comcast Corporation
$20.71 $21.56 4.10% 25,992

Logitech International S.A.
$22.97 $23.80 3.61% 19,400

Research in Motion Limited
$99.30 $102.78 3.50% 85,198

LM Ericsson Telephone Company
$10.26 $10.56 2.92% 49,600

Evergreen Solar, Inc.
$6.16 $6.34 2.92% 66,340

As of 9/10/2008 9:00:19 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)

GFI Group Inc.
$9.61 $7.26 24.45% 74,195

RAM Holdings Ltd.
$2.32 $2.16 6.90% 19,000

Acergy S.A.
$12.25 $11.42 6.78% 47,900

Fifth Third Bancorp
$152 $146.95 3.32% 280,000

UAL Corporation
$10.60 $10.40 1.89% 20,265

DryShips Inc.
$51.49 $50.89 1.17% 3,894

Yahoo! Inc.
$17.58 $17.55 0.17% 25,263

Mitsui & Company, Ltd.
$285.64 $285.18 0.16% 44,754

Fifth Third Bancorp
$15.93 $15.91 0.13% 2,311,559

As of 9/10/2008 9:00:11 AM



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