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Trading Radar for 09/08: National Semi (NSM), Smith ...By admin on September 9th, 2010 | No Comments
The Trading Radar highlights key earnings and economic announcements for tomorrow’s trading session: Before The Market Opens Economics: 8:30am EDT Initial Claims - Street sees 470K Continuing Claims - Street sees 4445K Trade Balance - Street sees ($47.3B) Earnings: C&D Technologies, Inc. (NYSE: CHP) - consensus loss $0.06 Descartes Syst... -
Notable 52-Week High’s and Low’s of the D...By admin on September 9th, 2010 | No Comments
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High: JA Solar Holdings Co., Ltd. (Nasdaq: JASO) high of $7.35. JASO announced after the market yesterday that they have signed 500-MW in supply agreements for mono-crystalline and multi-crystalline solar cells for 2011 d... -
Unusual 11 Mid-Day Movers 09/08: ZGEN, QXM, EDAP, SKH...By admin on September 9th, 2010 | No Comments
Zymogenetics (Nasdaq: ZGEN) 84.1% HIGHER; Bristol-Myers (NYSE: BMY) to acquire ZGEN for $9.75/share in cash. Click here to see the full report. Qiao Xing Mobile Communication Co. (NYSE: QXM) 30.6% HIGHER; Qiao Xing Universal Resources, Inc. (Nasdaq: XING) today announced that it has proposed to acquire all outstanding shares of Qiao Xing Mobile C... -
Notable ETF Movers of the Day 09/08: XLF, USO, OIH Hi...By admin on September 9th, 2010 | No Comments
Gainers Financial Select Sector SPDR (NYSE: XLF) up 1.45% to $14.39. Banks are making a recovery after the sector led the markets lower yesterday. Euro bank fears resurfaced, but the ECB’s commitment for liquidity in the banks kept fears in check. United States Oil (NYSE: USO) up 1.37% to $33.22. October oil contracts are about $0.44/barr... -
Morning Movers 09/08: ZGEN, EDAP, QXM, HDY, TUNE, ROI...By admin on September 9th, 2010 | No Comments
Zymogenetics (Nasdaq: ZGEN) 84.2% HIGHER; Bristol-Myers (NYSE: BMY) to acquire ZGEN for $9.75/share in cash. Click here to see the full report. EDAP TMS SA (Nasdaq: EDAP) 50.2% HIGHER; today reported favorable clinical outcomes for patients treated with Ablatherm-HIFU. For a representative number of patients with a minimum of two year follow-up and... -
Notable Mergers and Acquisitions of the Day 09/08: ZR...By admin on September 9th, 2010 | No Comments
Zoran Corporation (Nasdaq: ZRAN) announces that they have entered an agreement to acquire Microtune, Inc. (Nasdaq: TUNE) for $2.92 per share in cash, or $84 million net of cash acquired. The transaction is expected to close upon Microtune shareholder approval. Both boards have approved the merger. Zoran expects the acquisition to be accretive imme... -
Notable Analyst Rating Changes 09/08: MGM, COST, HBAN...By admin on September 9th, 2010 | No Comments
UPGRADES Soleil Securities upgrades MGM Mirage (NYSE: MGM) from Hold to Buy, with a price target increased by $1 to $14. Click Here for more color. Goldman Sachs upgrades Costco Wholesale (Nasdaq: COST) from Neutral to Buy and raised their price target form $62 to $68. Click Here for more color. Raymond James upgrades Huntington Bancshares (Nasdaq... -
Retailers limit further rises for London sharesBy admin on September 9th, 2010 | No Comments
The FTSE 100 makes gains, but retail stocks are unsettled by news of falling profits and a forecast of further low margin growth in the sector from two of its constituents ... -
Greek lender to fortify balance sheetBy admin on September 9th, 2010 | No Comments
News has broader impact, with the shares of other banks falling on concerns that the move might put pressure on them to follow suit ... -
Goldman forecasts emerging equities bonanzaBy admin on September 9th, 2010 | No Comments
Developing nation stock markets could rise fivefold to $80,000bn, taking the emerging market share of global equity markets from 31% to 55% ...
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