No. Ticker % Change
1 OSBC 32.04
2 RBY 26.17
3 GST 23.33
4 GU 23.20
5 JVA 22.85
6 DVAX 22.22
7 LABL 20.67
8 CLUB 20.58
9 AXTI 20.14
10 RNOW 19.91
11 RGR 19.44
12 GMCR 18.83
13 SKX 16.78
14 CACH 15.97
15 GNC 15.45
16 CLW 14.33
17 CROX 14.31
18 CTHR 13.89
19 USMO 13.79
20 LSI 13.66
21 TBI 13.51
22 NURO 13.31
23 TNC 13.03
24 IRE 12.69
25 LIZ 12.45
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No. Ticker % Change
1 SQNS -40.38
2 TQNT -24.58
3 FBC -21.49
4 THQI -21.41
5 ICAD -21.23
6 CLWR -20.76
7 MSHL -20.73
8 SPRT -20.52
9 ALU -20.16
10 AKAM -18.45
11 S -18.22
12 HRC -17.62
13 QTM -17.25
14 IPG -16.49
15 LMLP -16.01
16 STRA -15.77
17 TNCC -15.57
18 AEA -14.13
19 IMAX -14.00
20 OSK -13.99
21 BABY -11.88
22 OSTK -11.39
23 HRBN -10.58
24 CPSS -9.65
25 GTI -9.38
Monthly Archives: July 2011
Lunch Break: Mayhem and Rubber Bullets on Hollywood Boulevard
Robert Shiller: “This Might Be a Buying Opportunity for Houses”
Can the Dollar Defy History ?
As this article point out, most people do not consider if the dollar could go to zero. It’s just not fathomable right ?
Well this writer point out why it could happen.
Comments »Sen. Rand Paul: Both New Budget Plans Will Add Over $7 trillion in Debt
8 High Quality Dividend Raising Companies
Ken Langone: Obama’s Behavior Destroying Economy, Country
Ken Langone: “He’s not bringing us together. He’s willfully dividing us. He’s petulant,” Langone told CNBC.
“If this guy worked like hell to be president, he’s got it. Behave like a president. Let me look to you as a model of how we should behave. So what does he say: fat cats, jet airplanes, what’s the purpose?”
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| President Barack Obama (Getty Images photo) |
That purpose, Langone says is to divide the nation but accusing others of not doing their fair share to contribute to the country’s finances, said Langone, now chairman and CEO of investment bank Invemed Associates.”
Comments »DICK bove: Don’t Buy stocks Until Debt Debate is Resolved
Liz Ann Sonders: Relax About The Stock Market Already
State Pension Funds Falling Well Below Target Profits of 8% YOY
Seems like performance numbers and expectations are all over the place. 30 year averages look good, but 10 -20 year averages have been hurt by the debacles in our markets.
Comments »Existing Home Sales Pop 2.4%
Credit Suisse Estimates a U.S. Default Would Hurt GDP by 5% and Stocks Would Tank 30%
Goldman Sachs and Other Property Owners Rake in Cash in the Storage Sector
As reported a few weeks ago, many investment banks have turned urban blight into greenback delight by using buildings and storage warehouses to hold stockpiles of about 25% of the worlds industrial metal aluminum.
This has also created a supply pinch as they are hoarding more than exporting. HMMMMMMMM
Comments »Bank CEOs Warn of Dire Consequences If Debt Limit is Not Raised
European Banks Dole Out Pink Slips
Oh while you were out to meet a client we have decided that you are now fired…
Comments »CLP FFO beats estimates
Comments »BIRMINGHAM, Ala.–(BUSINESS WIRE)– Colonial Properties Trust (NYSE:CLP – News) announced its results for the quarter ended June 30, 2011.
For the second quarter 2011, the company reported a net loss available to common shareholders of $6.4 million, or $0.08 per diluted share, compared with a net loss available to common shareholders of $11.8 million, or $0.17 per diluted share, for the same period in 2010. For the six months ended June 30, 2011, the company reported a net loss available to common shareholders of $18.1 million, or $0.22 per diluted share, compared with a net loss available to common shareholders of $24.2 million, or $0.36 per diluted share, for the same period in 2010. The change from the prior year periods is primarily attributable to an increase in net operating income (NOI) from the company’s multifamily same-property communities, as a result of improving rental rates, and income from multifamily properties acquired in 2011.
Funds from Operations Available to Common Shareholders and Unitholders (“FFO”), a widely accepted measure of REIT performance, for the second quarter 2011 was $28.7 million, or $0.32 per diluted share, compared with $20.7 million, or $0.27 per diluted share, for the same period in 2010. FFO for the six months ended June 30, 2011, totaled $51.9 million, or $0.58 per diluted share, compared with $41.3 million, or $0.54 per diluted share, for the same period in 2010. The change from the prior-year periods is primarily attributable to an increase in NOI from the company’s multifamily same-property communities, as a result of improving rental rates, and income from multifamily properties acquired in 2011. FFO per share reflects the additional common shares issued under the company’s “at-the-market” equity offering programs in 2010 and the six months ended June 30, 2011.
A reconciliation of net loss available to common shareholders to FFO and to Operating FFO, as well as definitions and statements of purpose, is included in the financial tables accompanying this press release.
“Multifamily fundamentals continued to improve during the second quarter, leading to an increase in our 2011 full-year same-property NOI and FFO per share guidance range,” stated Thomas H. Lowder, Chairman and Chief Executive Officer. “Our new and renewal lease rates are accelerating, while resident turnover has declined and occupancy levels have remained high. The second quarter results demonstrate our ability to capitalize on these fundamentals, execute on our balance sheet targets and focus on growing the company.”
Highlights for the Second Quarter 2011
Multifamily same-property NOI increased 7.5 percent compared with second quarter 2010
Multifamily same-property revenue increased 3.9 percent compared with second quarter 2010
Ended the quarter with multifamily same-property physical occupancy of 96.2 percent
Resident turnover levels declined to 58.7 percent at June 30, 2011 from 62.6 percent the prior year
Increased full-year 2011 same-property NOI guidance range to 5.5 to 7.0 percent, up from 4.0 to 6.0 percent
Announced $75 million “at-the-market” equity offering program, which was subsequently completed in early July with 3.6 million shares issued at an average price of $20.67 per share
Subsequent to quarter end, completed a $250 million seven-year unsecured term loan, reducing outstanding borrowings under our unsecured credit facility
Upgrades and Downgrades This Morning
Upgrades
REE – Rare Element initiated with a Buy at Global Hunter Securities
CAVM – Cavium Networks upgraded to Buy from HYold at Gleacher
CSCO – Goldman upgrades Cisco to a buy
RES – RPC upgraded to Accumulate at Global Hunter Securities
GPS – Gap upgraded to Buy from Hold at Jefferies
LVLT – Level 3 upgraded to Market Perform from Underperform at Raymond James
EQIX – Equinix target raised to $130 from $120 at Stifel Nicolaus
REGN – Regeneron Pharms upgraded to Outperform at RBC Capital Mkts
SODA – SodaStream target raised to $80 at Oppenheimer
SPG – Simon Properties target raised to $130 from $120 at Stifel Nicolaus
CEO – CNOOC Ltd upgraded to Buy from Neutral at UBS
TUP – Tupperware upgraded to Buy from Above Average at Caris
CROX – Crocs target raised to $35 from $30 at Stifel Nicolaus
ACW – Accuride upgraded to Buy at BTIG
Downgrades
HES – Hess downgraded to Market Perform at Howard Weil
LRCX – Lam Research target lowered to $60 from $64 at Stifel Nicolaus
AKS – AK Steel downgraded to Neutral from Positive at Susquehanna
UBS – UBS AG downgraded to Neutral from Buy at Rochdale
GG – Goldcorp downgraded to Buy from Action List Buy at TD Newcrest
CCMP – Cabot Micro downgraded to Neutral from Buy at Longbow
DEST – Destination Maternity downgraded to Neutral from Buy at Sterne Agee
TQNT – TriQuint Semi target lowered to $10 from $14 at Northland Securities
KNX – Knight Transportation downgraded to Neutral from Buy at Sterne Agee
Comments »
Gapping Up and Down This Morning
Gapping up
GMCR +17.5%, SODA +3.8%, ABVA +13.6%, BBVA +2.1%, SYMC +1.8%, BT+5%, AMP +1.8%, XCO +2.1%,DVAX +29.6%, BCS +1.3%, CNQR+1.7%, SKX +1.4%, SNY +1.3%, KEX +1%, JVA +7.3%, SBUX +1.1%, IRE+9.7%, BBVA +2.1%, UBS +1%,RBS +1.1%, SNY+1.3%, KEX +1%, LINE +0.8%, BLDP +11.9%, AXTI +11.3%, CSCO +2%, CROX +9.3%, CIDM +8.7%, LSI +8.7%, BBX +8.7%, SPN +7.4%, JVA +6.7%, IDCC +6.1%, EQIX +4.9%, WFM +4.4%,
Gapping Down
SQNS -28.7%, S -10.9%, BG -3.4%, AEA -6.2%, LOGM -6%, TER -5.5%, VAR -5.4%, GG -1.4%, SI -0.8%, MUR -5.4%, BPAX -3.9%, ASMI -3%, CLF -2.2%, LOGI -8.8%, SFLY -7.6%, RCL -7.3%, CTXS -7.1%, BMC -6.6%,
AVB -2.1%, IVR -0.6%, AWAY -1.8%, AFL -0.6%, MUR-5.4%, ALU -10.4%, TER -9.2%, TQNT -18.7%, AKAM -14.2%, QTM -11.5%, THQI -15.6%, CLF -5.3%, WLL -5.2%, OSK -4.5%, REV -3.8%, AKAM -14.2%,
