Thursday, November 6, 2008

Pre Market Trading Gap News

Gapping Down

NOBL -49.2%, FCN -24.4%, THQI -19.1%, ABK -17.4%, DOX -15.4%, MDR -15.2%, ZUMZ -12.7%, MOVE -9.0%, TM -7.9%, BHP -6.9%, ERIC -6.7%, RTP -6.7%, MT -6.1%, POM -5.8%, UBS -5.8%, CSCO -5.7%, HBC -5.1%, WFC -4.6%, VMC -3.8%, AXA -3.7%, CTRN -2.8%, BP -2.8%.

Gapping Up

In reaction to strong earnings/guidance: CVTX +13.4%, WFMI +13.0% (upgraded to Hold at Jefferies), HOTT +12.3%, ATVI +9.4%, BJ +8.2% (light volume), EP +6.1%, SUN +4.6%, EGLE +4.6%, MBLX +4.1% (light volume)… Select European financials modestly higher following rate cuts: BCS +6.9% (buys Italian Mortgage unit from Macquarie for EUR1.1 bln - DJ), AEG -2.5%, LYG +1.1%… Other news: YHOO +3.4% (Yahoo’s Yang says Microsoft deal still best option - Reuters.com), GSK +3.2% (still checking)… Analyst comments: SOV +1.4% (upgraded to Buy at Citigroup).



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