passive stake in CSTR
Comments »Early Morning Winners and Losers
No. Ticker % Change
1 SUF 37.00
2 HRZ 16.20
3 CEDC 15.49
4 PLCM 12.43
5 SOHU 11.30
6 IGT 10.23
7 HNSN 8.22
8 TZOO 8.05
9 PLUG 7.96
10 ACAD 7.59
11 APP 7.26
12 OCZ 6.54
13 LOCM 6.35
14 AIB 6.07
15 ZAGG 5.79
16 DANG 5.50
17 USAT 5.45
18 TTMI 5.43
19 DRL 5.38
20 CHINA 5.25
21 SODA 5.24
22 BWEN 5.23
23 UAN 5.16
24 OTIV 5.04
25 YOKU 4.96
——————————–
1 XPRT -19.80
2 LUNA -8.26
3 MMG -7.69
4 TRGL -7.68
5 GPL -6.89
6 IL -6.65
7 PANL -6.55
8 DCTH -6.30
9 ASTI -5.81
10 CHTP -5.80
11 BKS -5.76
12 AG -5.62
13 YRCW -5.45
14 PARD -5.26
15 BVN -5.18
16 ABX -5.16
17 EXK -4.92
18 JAG -4.55
19 CDE -4.52
20 UXG -4.42
21 BSFT -4.33
22 OME -4.30
23 MMI -4.29
24 INCY -4.18
25 CCRT -4.17
Sohu.com Smashes Estimates
For the quarter, net income attributable to Sohu.com was $44.81 million, higher than prior year’s $30.19 million. Earnings per share grew to $1.01 from $0.73 a year ago.
Adjusted net income, which excluded certain items, was $49.72 million, compared to $48.38 million last year, and earnings per share increased to $1.13 from $0.86 in the previous year.
On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.96 per share for the quarter. Analysts’ estimates typically exclude special items.
Comments »Silver Spot Approaching $50
I know the JP Morgan short theory might be a tall one. However, with silver up more than $4 to $49+, one has to wonder who got caught short, since the metal is clearly parabolic.
Comments »Late night comedy: Over 500 Taliban Escape Afghan Prison
Go Obama go!
Comments »Japanese Refiner to Raise Prices by 20%+
Via Platts Oil:
Japan refiner JX is in talks with local customers to raise fuel oil prices 20%-22% from the Jan-Mar quarter because of higher oil prices
.
Comments »Libyan Oil Down for at Least 4 More Weeks
Comments »“We just finished the assessment, and we are in the process of mobilizing the repairs,” Bughaigis told reporters in Benghazi, the de facto capital of the rebel-held east. “We believe we need a minimum of four weeks to get back on stream.”
Horrifying Video in Syria (WARNING: EXTREMELY GRAPHIC)
[YouTube:http://www.youtube.com/watch?v=Td0jLCkaoz0&feature=youtu.be 616 500]
Comments »Syrian Military Cowards Fire on Innocent People (video)
Irrefutable evidence of Syrian soldiers firing on peaceful protesters. No word as to when Obama intends to intervene, as he did in Libya.
[YouTube:http://www.youtube.com/watch?v=cTO0gxsSse8&sns=em 616 500] Comments »Chinese Protests Esclate
Dozens Killed in Syria, as Obama Sits Back and Does Nothing
At least 75 killed, due to Syrian police firing live rounds into unarmed protesters, making today’s death toll the worst to date.
Comments »Libyan Rebels Show Off Their High Tech Weaponary (video)
They are going HAM in Gadhaffi.
[YouTube:http://www.youtube.com/watch?v=Ht72AUs89ck&feature=youtube_gdata_player 616 500] Comments »Pfizer Wants to Know Why its Arthritis Medicine is Killing People
JP Morgan to Return $861 Million to Lehman
They are still settling bankruptcy claims. Of the $861 mill, more than $100 are securities. I wonder how much they’ve appreciated since Lehman filed?
Comments »NASDAQ Calls for the Removal of NYSE’s CEO
Obama Escalates the Libyan War
Flash: Cymer beats by $0.13, beats on revs; guides Q2 revs in-line
Reports Q1 (Mar) earnings of $0.94 per share, $0.13 better than the Thomson Reuters consensus of $0.81; revenues rose 35.7% year/year to $154.4 mln vs the $150.3 mln consensus. Co issues in-line guidance for Q2, sees Q2 revs of ~$157 mln vs. $156.94 mln Thomson Reuters consensus.
Comments »Flash: Synaptics sees Q4 revs $138-146 mln vs $146.54 mln Thomson Reuters consensus
Synaptics beats by $0.07, reports revs in-line; guides Q4 revs below consensus (27.94 +0.95)
Reports Q3 (Mar) earnings of $0.55 per share, $0.07 better than the Thomson Reuters consensus of $0.48; revenues rose 22.5% year/year to $142.4 mln vs the $141.4 mln consensus. Co issues downside guidance for Q4, sees Q4 revs of $138-146 mln vs. $146.54 mln Thomson Reuters consensus. “Our current outlook assumes some near-term revenue headwinds from consumer notebook market dynamics and, as previously indicated, the continuing mix shift within our delivery model for touchscreen solutions. However, with that mix shift we also expect our gross margin percentage to increase, providing additional operating leverage to our business model. Moving forward, we are very pleased with the level of interest we have seen in our expanded product portfolio. Design activity is robust across our customer base, and we are very well-positioned for continued success in our long-term growth markets.”
Flash: Advanced Micro prelim $0.08 vs $0.05 Thomson Reuters consensus; revs $1.61 bln vs $1.61 bln Thomson Reuters consensus
Advanced Micro sees Q2 revs of flat to slightly down vs -1.4% consensus
Comments »Flash: SanDisk prelim $1.03 vs $1.00 Thomson Reuters consensus; revs $1.29 bln vs $1.26 bln Thomson Reuters consensus
SanDisk beats by $0.03, beats on revs (48.99 +0.54)
Reports Q1 (Mar) earnings of $1.03 per share, excluding non-recurring items, $0.03 better than the Thomson Reuters consensus of $1.00; revenues rose 19.2% year/year to $1.29 bln vs the $1.26 bln consensus. Co reports Q1 non-GAAP gross margins of 43.1% vs 43.0% consensus. “Our embedded mobile business drove growth in the first quarter, and SanDisk executed well to deliver strong business results,” said Sanjay Mehrotra, President and CEO. “We have been actively managing our supply chain following the recent events in Japan and believe we remain on track to deliver a strong 2011 for SanDisk.”