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Some Stocks in the News This Morning: $GRPN, $AAPL, $ZNGA, $FB, $YUM

Source 

“Shares of Yum! Brands (NYSE:YUM) dropped 7.49 percent in pre-market trading. The parent company of Pizza Hut and KFC confirmed its full-year 2012 guidance of at least $3.24 per share. However, same-store sales in China for the fourth quarter are expected to decline 4 percent, raising fears about long-term growth prospects.

Zynga (NASDAQ:ZNGA) shares plunged 8.78 percent today. Due to new agreements,Facebook (NASDAQ:FB) will no longer be prohibited from developing its own games, beginning March 31, 2013.

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Apple (NASDAQ:AAPL) shares down 0.68  percent in pre-market trading today. The iPhone 5 has finally received a network access license in China, which will enable Apple to start selling its latest smartphone in its fastest growing market in December.

Shares of Groupon (NASDAQ:GRPN) declined nearly 5.29 percent in early morning trading. According to Bloombergchief executive officer Andrew Mason will not be replaced in the near-term. Earlier this week, reports indicated that some company directors felt that a change in management may be needed at the daily deals firm.”

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Siemens Will Pink Slip 4,700 More Lighting Jobs to Save $1.3 Bln

Siemens AG (SIE) announced plans to eliminate an additional 4,700 jobs at its Osram lightingsubsidiary to reap 1 billion euros ($1.3 billion) in cost savings as the market for traditional light bulbs shrinks.

The job cuts, which are focused primarily outside Germany, come on top of 1,900 positions that Osram already reduced in fiscal 2012, the company said today in a statement. In total, the job losses at Osram will amount to about 7,300 positions. The measures will cost a “mid-three digit million figure” through 2014, with the savings realized in full a year later.”

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$AAPL Gets One Step Closer to the iPhone 5 Launch in China

“Things seem to be on track for the iPhone 5 to meet its December release timeline in Greater China, since the device has now received approval for the final piece in the regulatory puzzle required for it to go on sale. The Wall Street Journal reports that it has now obtained its “network access” license, and the notice mentions China Telecom by name, though not a version of the phone that would work with China Unicom.

China Telecom backed up the timelineproposed by Apple CEO Tim Cook during a conference call earlier this month, saying at an event that the phone would arrive on its network by early December at the latest. At the time, China Unicom did indeed express skepticism about when exactly the phone would be hitting its network, suggesting it was all in the hands of regulators at that point. If China Telecom has an exclusive head start on iPhone 5, it could attract away some subscribers hungry for the device.”

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Gapping Up and Down This Morning

Gapping up 

BLOX +10.2%, SMTC +8.1%, ASML +6.3%, GFI +5.5%, GES +5%, NCR +4%,

AU +3.8%, CWTR +3.7%, RIO +2.9%, BBVA +2.1%, RIG +1.8%, WDAY +1.5%,

DB +1.4%, BHP +1.3%, E +1.2%, X +1.2%, RIMM +11.7%, FIO +2.7%, NKE +1.3%,

COST +0.4%, DIS +0.7%, HERO +5.4%, SIFY +5.2%, TTM +4.4%, REDF +3.7%, SLT +2.9%,

GDX +0.8%, SLV +0.6%, GLD +0.5%, PLL +0.7%,

Gapping down

LZB -13.4%, RNN -8.9%, ARO -7.9%, PGNX -5.2%, TIVO -3.2%, SHS -2.7%,

GMAN -1.8%, RTLX -1.7%, ATVI -1.2%, HUM -1.1%,  TASR -2.9%, CREE -1.1%,

AVB -0.8%,  TKR -2.6%,  GNRC -5.7%, TIF -13.7%, LZB -13.4%, FRO -5%, TGT -2.9%,

M -2.9%, OMI -2.4%, GPS -2.3%, GMAN -1.8%, TIVO -0.5%,

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Michael Dell Considers $240 Million Deal To Save Sharp

“…Sharp is in talks with Round Rock, Texas-based Dell to arrange capital investment of as much as $240 million, the Journal said, without citing anyone. The maker of Aquos TVs has failed to win a planned 67 billion-yen investment from Taiwan’s Foxconn Technology Group and had its credit rating cut to junk after widening its loss forecast for the year….”

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$GM To Open a Research Plant in China, Oodles of Engineers About

 

“SHANGHAI (Reuters) – General Motors Co unveiled its latest global research center in China on Thursday, where it hopes to take advantage of the country’s vast supply of engineering graduates to drive its development of a new generation of electric vehicles.

China’s auto market has grown rapidly – it has been the world’s largest since 2009 – and one of the new centre’s primary roles is to ensure the requirements and preferences of consumers in China are integrated into GM’s global product development.

But the new facilities in Shanghai – the GM China Advanced Technical Center – will look after not just China’s auto market. It plans to develop an array of technologies and know-how for the global marketplace, alongside similar engineering centers in the United States, Germany and South Korea.

“This center plays a critical role in GM’s global R&D, engineering and design network,” said Jon Lauckner, the U.S. car maker’s global technology chief.

The decision to site a major upstream research facility in Shanghai was based in part on the relative abundance of engineering talent in China, which already produces more science and engineering graduates than any country, said John Du, a director of the new center.”

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Bondholders Suggest $AMR’s Board Should Be Replaced

 

“NEW YORK (Reuters) – A group of some of bankrupt American Airlines’ most significantbondholders said it will not support a standalone restructuring unless a new board is brought in, a move that may increase hurdles for Chief Executive Tom Horton and his team.

The 12-member bondholder group, which includes JPMorgan Chase & Co , Pentwater Capital Management and York Capital Management, is the primary well-organized group to have expressed an interest in funding an independent exit for the airline’s parent company AMR Corp.

AMR filed for bankruptcy in November 2011, seeking to reduce labor costs.

Entities that gain a controlling equity stake in a company through bankruptcy routinely appoint new boards, and those boards do not necessarily oust the company’s incumbent managers.”

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$RIO Lays Out a Plan to Boost Production While Cutting $5 Billion in Capex

Rio Tinto Group, the world’s second- largest mining company, said it’s targeting savings of $5 billion by the end of 2014, while simultaneously boosting production at its iron ore, copper and alumina units.

“We are taking further tough action to roll back the unsustainable cost increases of the past few years,” Tom Albanese, chief executive officer of the London-based company, said today in a statement. “Our two most challenged businesses are aluminum and coal, and in particular Australian coal,” he later told reporters in Sydney.

Rio Tinto plans to cut the $5 billion in operating and support costs compared with expected costs this year, joining mining companies including BHP Billiton Ltd. (BHP) in seeking cost savings as well as curbing investment on new projects as metal demand wanes. Rio last month said it’s delaying investment decisions in commodities such as coal while continuing spending on its Australian iron ore expansion.”

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$GFI Said to Be Considering a Spin Off of its Mines Due to Strikes and Costs

Gold Fields Ltd. (GFI), the fourth-biggest producer of the metal, will spin off part of its South African business as a wave of strikes and above-inflation pay gains add to costs and curb output for mining companies in the country.

Sibanye Gold Ltd. will trade in Johannesburg and New York and include the Kloof-Driefontein Complex, Africa’s largest gold operation, and the Beatrix mines, Johannesburg-based Gold Fields said today in a statement. Gold Fields will keep South Deep, its second-biggest facility, and mines in Peru, Ghana and Australia. The stock rose the most in three years in Johannesburg trading.”

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$GMCR Smokes Short Sellers

 

“Green Mountain Coffee GMCR +28.95%surprised the shorts and the price jumped 26% to a high of $36.50 after hours following positive surprises in earnings and forecast.

With 50 million shares short, about 9.5 trading days’ worth and 42% of the float being short, there may be a bit of a scramble to buy on Wednesday. Where is the next resistance level above $36.50? On the Point & Figure Chart it looks like $42. The weekly price chart shows resistance at $38-$40, although a slim case could be made for the breakdown point at $50 . Last May 3 it fell from $50 to $26. If there is a short squeeze, price could see a reversal of that move down.

If there is no short squeeze, then price will go up according to the new fundamentals just revealed by GMCR’s earnings announcement. A quick check shows that the 16 computer models had GMCR as a four star buy as of last Friday and obviously before the positive surprise in earnings. The total score for GMCR is 6 where 3 is best and 30 is worst. This is the adjusted score when we compare GMCR to the growth universe of stocks instead of the complete universe of 8,000 stocks. This score includes equal weighting for fundamentals, forecast and technicals.”

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$NCR Halted…News Pending

No news yet, but some are specualting the company is to announce an acquisition after the bell…

Quote

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Gapping Up and Down This Morning

Gapping up

GMCR +22.6%, KCG +9.4%, JVA +8.4%, CFI +7%, COST +4.7%, TNGO +3.1%, GRPN +2.3%,

ARMH +2.1%, IRE +1.6%, SODA +1.4%, PVH +1.2%, MO +1.1%, GALE +7%, NBR +1.8%,

HERO +1.1%, VOD +0.6%, JVA +8.4%,  SBUX +0.4%,  PFG +0.3%,  AEO +5.7%, YGE +1.4%,

Gapping down 

DVAX -16.7%, GWRE -10.2%, DWCH -7.5%, CBSH -7%, PRGX -5.7%, MCC -4%, CAP -3.3%,

ECTE -3.1%, ADI -2.8%, GFI -1.8%, FMCN -1.6%, DB -1.5%, SDRL -1.2%, WIN -2.5%,  MO -0.5%,

WFM -1.5%, CLH -0.9%, RIMM -2.1%, CBSH -6.8%, ACAD -6.3%, HMY -2%, GFI -1.8%, GG -1.8%,

AEM -1.8%, AU -1.8%, ABX -1%, SLW -0.8%, SLV -0.7%, GLD -0.3%, NBG -6.3%, DB -1.5%, SAN -1.4%,

BCS -1.1%, HBC -0.5%, TFM -9.5%, DWCH -7.5%, ADI -2.8%, FMCN -1.6%,

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$DD Does a Full Retard Nazi Dance

In order to enforce patent protection DuPont has sent former police out across North America to check on farmers that are collecting seeds, a practice of generations of farmers.

Patenting life and genomes is truly ridiculous imo.

Full article

 

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$COST Announces a Special $7 Dividend

“Costco says it will pay shareholders a special dividend of $7 per share next month in addition to the wholesale club operator’s regular quarterly dividend.

The Issaquah, Wash., company says the dividend will be payable Dec. 18 to shareholders of record Dec. 10. Costco Wholesale Corp.’s regular quarterly dividend of 27.5 cents per share will be paid Nov. 30 to shareholders of record as of Nov. 16.”

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BlackBerry Maker $RIMM Loses Patent Dispute with $NOK

“HELSINKI (Reuters) – Canada’s Research In Motion (RIM) has lost a contract dispute over the use ofNokia patents in a case which could halt sales of its BlackBerry phones if it does not reach a deal to pay royalties to the Finnish company.

Nokia said on Wednesday a Swedish arbitrator had ruled that “RIM was in breach of contract and is not entitled to manufacture or sell WLAN products without first agreeing royalties with Nokia.”

Wireless local access network (WLAN) technologies, usually marketed under the WiFi brand, are used across BlackBerry devices and by most other smartphones.

Nokia, which is trying to boost its royalty income as its phone business slides, said it had filed cases in the United States, Britain and Canada to enforce the arbitrator’s ruling.

“This could have a significant financial impact to RIM, as all BlackBerry devices support WLAN,” IDC analyst Francisco Jeronimo said.”

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$YHOO Email Users Exposed to a Flaw, Malware Nightmares (video)

“A hacker is capitalizing on a Yahoo! flaw that could allow email accounts to become compromised and could trick users into clicking on malicious websites. But criminal hackers will have to pay to obtain details about how to conduct this hack. The cost: $700.

Brian Krebs on his blog Krebs on Security reported last week that an Egyptian hacker was offering this deal on an “exclusive cybercrime forum” called Darkode. The hack itself steals cookies, which Krebs explains leads hackers into their target’s account where they can send or read emails.  Here’s how the hacker going by “The Hell” advertised his exploit, according to Krebs:”

Full article

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Gapping Up and Down This Morning

Gapping up

CDTI +11.1%, GNRC +7.8%, LVS +4.9%, NOK +3.6%, DDS +3.4%, DG +2.7%,

BV +2.3%, DB +1.6%, HI +1.3%, FB +1.1%, CROX +2.8%, YELP +1.2%,  DECK +1.1%,

AMRN +4.4%,  CDTI +11.1%, CCCL +11.6%,  EBR +6.8%, CIG +3.8%, PBR +1.8%,

BCS +1.5%, GLW +5.7%, RAH +26.4% and CAG +5.9%,

Gapping down 

DVAX -19.8%, THO -6.8%, NBG -6.1%, FULL -3.9%, EQR -2.6%, AU -2%, MMR -1.6%, AVB -1.5%

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