0.30%.
Ridiculous
Related: Greek 2 year yields nearing 30%.
Comments »Manitowoc upgraded to Positive from Neutral at Susquehanna
Ticker MTW
Comments »ETE Acquires SUG
SUG shareholders get $33.
Comments »Kroger beats by $0.06, beats on revs; raises FY12 EPS, comp guidance
Reports Q1 (Apr) earnings of $0.70 per share, $0.06 better than the Capital IQ Consensus Estimate of $0.64; revenues rose 11.0% year/year to $27.46 bln vs the $26.66 bln consensus; comps ex-fuel +4.6%. Co raises guidance for FY12, sees EPS of $1.85-1.95, up from $1.80-1.92 vs. $1.90 Capital IQ Consensus Estimate. Based on the current operating environment, the co expects to achieve results near the top end of this range. The increase reflects the strength of the co’s first quarter results and the higher estimated LIFO charge. The co now expects identical supermarket sales growth, excluding fuel, of 3.5% to 4.5% for the year, up from 3-4% perviously. FIFO gross margin was 21.42% of sales for 1Q11. Excluding retail fuel operations, FIFO gross margin decreased 4 bps from the same period last year. Supermarket selling gross margin declined 7 bps without fuel from the same period last year.
Comments »Flash: Macy’s Reaches Deal with Union
Futures Improve As Greece Ruling Party Set to Meet
S&P futures are now up 1, erasing a 6 point deficit, as optimism over a Greek bailout increases.
Comments »Flash: Greek CDS Blow Out Further
5 year Greek CDS 1,900 bps.
Additionally, both Irish and Portuguese CDS are above 800 bps.
NOTE: Spanish CDS about 310 bps and Italian are trading a tad under 200 bps
Comments »Homeaway Prices IPO Between 24-27
Shares valued at $2bill
Comments »Goldman is Out of Subprime
Report: Paulson’s Flagship Fund Down Nearly 20% for the Year
Today’s Large Cap Carnage
Today’s biggest losers with market caps over $5billion
No. Ticker % Change Market Cap
1 BBVA -5.68 51,060,000,000
2 STD -5.45 100,460,000,000
3 CBG -5.40 7,690,000,000
4 AWC -5.36 5,800,000,000
5 NXPI -5.36 6,360,000,000
6 NBG -5.34 6,250,000,000
7 SINA -5.23 5,770,000,000
8 LNC -5.23 8,630,000,000
9 TI -5.16 26,520,000,000
10 ANR -5.14 5,530,000,000
11 NMR -5.05 17,820,000,000
12 CTXS -5.05 15,330,000,000
13 MET -4.97 43,630,000,000
14 NOK -4.95 23,220,000,000
15 CRH -4.84 15,090,000,000
16 HIG -4.80 11,140,000,000
17 BIDU -4.77 43,540,000,000
18 LPL -4.75 10,390,000,000
19 STO -4.65 79,450,000,000
20 TEF -4.63 107,400,000,000
21 VE -4.62 14,070,000,000
22 STM -4.61 9,180,000,000
23 MOS -4.59 30,070,000,000
24 RVBD -4.52 5,270,000,000
25 PHG -4.46 24,630,000,000
Flash:Finisar prelim $0.33 vs $0.33 Capital IQ Consensus Estimate; revs $236.9 mln vs $243.29 mln
Finisar sees Q1 ~$0.17-0.21 vs $0.39 Capital IQ Consensus Estimate; sees revs $215-230 mln vs $255.3
Comments »Today’s ETF Winners/Losers
No. Ticker % Change
1 TVIX 16.75
2 CVOL 14.01
3 DPK 9.80
4 VXX 8.75
5 VIXY 8.73
6 VIIX 8.71
7 BXDC 8.45
8 EPV 7.42
9 SCO 7.27
10 SIJ 7.06
11 TVIZ 7.03
12 DTO 7.01
13 EFU 6.71
14 ERY 6.51
15 EDZ 6.30
16 FAZ 5.94
17 SOXS 5.84
18 SRTY 5.64
19 TYP 5.41
20 TZA 5.34
21 SPXU 5.33
22 TMF 5.31
23 BGZ 5.18
24 INDZ 5.04
25 DRV 4.84
————————
No. Ticker % Change
1 DZK -9.91
2 XIV -8.61
3 UCO -7.60
4 RUSL -7.11
5 ERX -6.37
6 EDC -6.34
7 FAS -6.05
8 DYY -6.03
9 SOXL -5.77
10 TMV -5.73
11 TQQQ -5.50
12 TYH -5.32
13 UPRO -5.27
14 TNA -5.15
15 BGU -5.09
16 MWJ -5.05
17 DRN -4.98
18 EWI -4.88
19 EWD -4.88
20 CU -4.86
21 BNO -4.79
22 EWP -4.78
23 INDL -4.77
24 KHI -4.61
25 VNM -4.47
Today’s Winners/Losers
No. Ticker % Change
1 NGSX 66.05
2 LIVE 54.55
3 SCEI 30.23
4 NYNY 22.03
5 LEXG.OB 18.44
6 ABCW 16.67
7 XPO 15.42
8 DST 12.77
9 HOLI 11.15
10 SMRT 10.47
11 HEV 10.16
12 LLEN 9.50
13 CUR 9.09
14 CMED 9.03
15 SYUT 8.45
16 SPMD 8.00
17 GPL 7.95
18 IDN 7.55
19 LOCM 7.19
20 CMFO 7.09
21 APRI 7.08
22 SVA 6.98
23 HPOL 6.94
24 IDIX 6.77
25 TZYM 6.74
—————————
No. Ticker % Change
1 KAD -22.00
2 EFOI -20.00
3 TRGL -19.96
4 RCON -19.67
5 COIN -18.15
6 CPST -18.02
7 SRDX -17.29
8 AERG -16.00
9 BIOD -15.54
10 SPWRA -14.71
11 VALV -14.61
12 MCZ -13.89
13 OI -13.41
14 BSPM -13.33
15 CCSC -13.00
16 CPF -12.24
17 OB -11.12
18 CCRT -10.81
19 BORN -9.90
20 RENN -9.79
21 SFUN -9.63
22 HSOL -9.45
23 ALTI -9.43
24 SPRD -9.29
25 CNET -8.99
S&P Futures Sharply Lower
Futs are down 13. The dollar is up 1% and Greek protesters are throwing sticks at police.
Comments »Moody’s Puts Top 3 French Banks on Review
Flash: S&P Cuts Chinese Developers to Negative
Flash: Risk Off
Asian markets are soft, down about 0.2 across the board. Oil is down slightly and the dollar is up.
S&P futures are 1.5 points below fair value.
Comments »Today’s Top Performing ETF’s
No. Ticker % Change
1 CZM 7.01
2 TNA 6.88
3 SOXL 5.67
4 ERX 5.61
5 MWJ 5.17
6 DZK 5.05
7 BDD 4.81
8 DRN 4.58
9 EDC 4.58
10 TMV 4.48
11 UVT 4.46
12 SAA 4.44
13 DHF 4.42
14 UYM 4.40
15 UWM 4.22
16 UPRO 4.17
17 PHK 4.16
18 UCO 4.08
19 JJT 4.06
20 EGPT 4.05
21 AGQ 3.97
22 BGU 3.93
23 TYH 3.92
24 DIG 3.89
25 UKK 3.86
Chinese Burritos Soar
No. Ticker % Change Industry
1 BORN 27.30 Chinese Burritos
2 DANG 19.93 Chinese Burritos
3 NQ 16.92 Chinese Burritos
4 CVVT 16.49 Chinese Burritos
5 CIS 13.03 Chinese Burritos
6 CCSC 12.95 Chinese Burritos
7 HOLI 11.95 Chinese Burritos
8 CMED 11.77 Chinese Burritos
9 CHC 10.67 Chinese Burritos
10 TRIT 9.30 Chinese Burritos
11 SPU 9.28 Chinese Burritos
12 ALN 8.82 Chinese Burritos
13 HOGS 8.68 Chinese Burritos
14 YOKU 8.29 Chinese Burritos
15 CYD 8.23 Chinese Burritos
16 CCIH 7.50 Chinese Burritos
17 SIHI 7.27 Chinese Burritos
18 JOBS 7.26 Chinese Burritos
19 SORL 7.06 Chinese Burritos
20 WH 7.00 Chinese Burritos
21 SINA 6.93 Chinese Burritos
22 CNET 6.55 Chinese Burritos
23 CHINA 6.50 Chinese Burritos
24 SOHU 6.38 Chinese Burritos
25 SUTR 6.36 Chinese Burritos
