Most Active Options Trades
CALLS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE BAC 4/21/12 9.0000 846 0.0100 dn 0.0100 AAPL 4/21/12 590.0000 392 6.3600 up 2.7600 AAPL 4/21/12 595.0000 333 3.3100 up 1.2000 AAPL 4/21/12 600.0000 317 1.4600 up 0.2700 X 4/21/12 29.0000 292 0.2700 up 0.1500 AAPL 4/21/12 585.0000 204 8.0900 up 1.7400 CSX 5/19/12 20.0000 200 1.7900 dn 0.0200 GLD 4/21/12 160.0000 120 0.1300 dn 0.1900 GLD 4/27/12 159.0000 112 1.6000 dn 0.1500 GS 4/21/12 115.0000 109 0.0700 dn 0.0900 -PUTS- OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE TBT 4/21/12 20.0000 360 1.2500 dn 0.1300 NFLX 5/19/12 105.0000 253 8.2700 up 0.1700 AUY 4/21/12 15.0000 247 0.7200 up 0.0300 AUY 5/19/12 14.0000 247 0.4500 up 0.0400 NFLX 5/19/12 85.0000 232 1.8600 up 0.2700 GLD 4/21/12 159.0000 185 0.2300 dn 0.1600 AAPL 4/21/12 585.0000 178 1.5400 dn 2.3600 BHI 4/21/12 45.0000 150 3.2800 dn 0.7700 BHI 10/20/12 40.0000 150 3.6300 dn 0.2700 MSFT 4/21/12 31.0000 115 0.0100 dn 0.3800 -VOLUME- CALLS PUTS TOTAL 17120 17113 34233
-CALLS-
OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE
MSFT 4/21/12 32.0000 8118 0.5100 up 0.4100
AMD 4/21/12 8.0000 6253 0.1300 dn 0.1100
AMD 5/19/12 8.0000 6063 0.3700 dn 0.0500
AAPL 4/21/12 590.0000 5445 6.4000 up 2.4500
AAPL 4/21/12 600.0000 3841 1.6000 up 0.4600
AAPL 4/21/12 595.0000 3202 3.4500 up 1.3300
MSFT 5/19/12 33.0000 2965 0.4500 up 0.2800
MSFT 5/19/12 32.0000 2678 0.9700 up 0.5700
AAPL 4/21/12 585.0000 2569 10.4000 up 4.0000
BAC 8/18/12 12.0000 2467 0.0800 dn 0.0100
-PUTS-
OPTION EXP.DATE STRIKE PRC. VOLUME LAST S/PRC. NET CHANGE
MSFT 4/21/12 32.0000 4852 0.0100 dn 1.0300
AAPL 4/21/12 585.0000 3771 1.1900 dn 2.7600
AAPL 4/21/12 580.0000 2770 0.6200 dn 1.4300
MSFT 5/19/12 31.0000 2363 0.2900 dn 0.5700
AAPL 4/21/12 575.0000 2054 0.3000 dn 0.9300
AAPL 4/21/12 590.0000 1972 2.2100 dn 4.0900
AAPL 4/21/12 570.0000 1169 0.2100 dn 0.4300
FRX 5/19/12 33.0000 1000 0.5000 up 0.1000
CECO 4/21/12 7.0000 981 0.1500 up 0.0000
BIDU 4/21/12 145.0000 911 0.4200 dn 0.7000
-VOLUME-
CALLS PUTS TOTAL
384620 282865 667485
Comments »
Critics Say the Real Rate of Inflation is Above 10%
“Maggie Humphrey, a price collector for the Bureau of Labor Statistics, visits the same grocery store every month in the Chicago suburbs to punch the cost of a pound of bananas into her Lenovo tablet computer.
“That price has not fluctuated since I’ve been here,” says Humphrey, who started gathering prices for the BLS in 2006 and has checked bananas at this particular establishment for about a year. She records it as 69 cents a pound and includes their country of origin, whether they’re on sale and any applicable sales tax.
Humphrey is among 400 price collectors who visit 23,000 locations in 87 cities every month to determine the cost of 80,000 products and services, from breakfast cereal to haircuts. She and her colleagues feed a database in Washington, where statisticians compile the monthly inflation report, used as benchmark for everything from Social Security payments to the value of Treasury’s inflation-indexed bonds.
The bureau’s price-gathering and statistical methods are standard practice from Japan to Switzerland. That hasn’t averted a lashing from critics who say the government is engaged in a campaign to hide inflation of 10 percent a year or more. Assurances by Federal Reserve policy makers that inflation remains “subdued” also haven’t deterred the skeptics.
“I’m as hawkish and worried about inflation as anybody,” said Stephen Stanley, Chief Economist at Pierpont Securities LLC in Stamford, Connecticut and one of the top forecasters of CPI over the last two years in Bloomberg News surveys. “But the idea that inflation is 10 percent is not a proper reading of the data.”
One Critic
One such critic is John Williams, the author of Shadow Government Statistics, a newsletter that he has run since 2004. Williams says the federal government understates the level of inflation to keep increases in Social Security payments and other costs down.
“The reporting system increasingly succumbed to pressures from miscreant politicians, who were and are intent upon stealing income from Social Security recipients, without ever taking the issue of reduced entitlement payments before the public or Congress for approval,” Williams says on his website, shadowstats.com.
Williams’s alternate measure of inflation was 10.3 percent for the 12 months through March, compared with 2.7 percent for the Consumer Price Index. He calculates unemployment at more than 20 percent rather than the official 8.2 percent in March. His assessment of gross domestic product has clocked negative economic performance in every quarter since 2005. The Department of Commerce’s measure turned negative in 2008 and 2009, recording the worst recession since the Great Depression. The economy is nearing “hyperinflationary Great Depression,” he says on his web site….”
Read more
U.S. Equity Preview: $AMD, $COF, $CPHD, $CMG, $EZPW, $MSFT, $RVBD, $SNDK, & $TPX
“Advanced Micro Devices Inc. (AMD) : The second-largest maker of processors for personal computers forecast sales growth that beat estimates as supply constraints eased and demand increased for personal-computer chips.
Capital One Financial Corp. (COF US): The lender that acquired ING Groep NV’s online U.S. bank this year posted a higher first-quarter profit as credit-card rewards programs fueled customer spending.
Cepheid Inc. (CPHD) : The maker of a rapid test for the drug-resistance staph infection known as MRSA lowered its forecast for adjusted earnings in 2012 to between 50 cents and 55 cents a share from a previous projection of as much as 60 cents.
Chipotle Mexican Grill Inc. (CMG) : The burrito seller that was best-performing restaurant stock in the S&P 500 last year said first-quarter profit rose 35 percent as U.S. consumers dined out more.
Ezcorp Inc. (EZPW) : The short-term cash lender forecast earnings in 2012 to be no more than $2.95 a share, down from an earlier projection of at least $3.05 and below the average analyst estimate of $3.06.
Microsoft Corp. (MSFT) : The world’s largest software maker reported fiscal third-quarter profit that topped estimates on better-than-expected corporate software sales.
Riverbed Technology Inc. (RVBD) : The maker of computer- networking products reported first-quarter sales of $183 million, missing the average analyst estimate of $186.1 million.
SanDisk Corp. (SNDK) : The biggest maker of flash-memory cards posted first-quarter earnings of 63 cents a share, missing the average analyst estimate by 4 cents.
Tempur-Pedic International Inc. (TPX) : The maker of luxury mattresses reaffirmed its forecasts for earnings and sales in 2012, which fell short of analysts’ estimates. “
Comments »Gapping Up and Down This Morning
Gapping up
ACTG +10.9%, DANG +4.7%, DB +3.9%, MSFT +3.4%, BCS +2.4%, SLB +2.4%, STD +1.6%,
KMB +1.6%, GE +1.2%, COF +1.1%, SNY +1%, CMG +1%, ETFC +2.9%, AMD +1.9%,
Gapping down
RVBD -11.9%, TPX -10.6%, CPHD -9.0% , GDI -4.7% , SNDK -2.1%,
Comments »In Play and On the Wires
Asia Trades Flat to Mixed, Europe Slightly Higher, and U.S. Futures Reach For Higher Ground
Type 5 Prints Rise This Year; Experts See Momentum Building
“NEW YORK (CNNMoney) — Short sales are rising sharply, offering many struggling homeowners a better alternative to foreclosure in many of the nation’s hardest hit states.
In short sale deals, the sale price of the home is less than what the seller owes. Often, the bank that holds the mortgage takes so long to approve the sale that the deal falls through. But in recent months, the pace of short sales has increased, a trend that should gain momentum, according to RealtyTrac….”
Comments »Market Update
U.S. equities shit the bed…DOW down 121, NASDAQ down 30, S&P down 12
“2:30 pm : Selling has started to accelerate, driving stocks down to new session lows and leaving the major market averages with large losses.
Tech stocks continue to be hit with the brunt of the selling effort; the sector is now down 1.7%. To be fair, though, Industrials aren’t much better off as they grapple with a 1.5% loss. DJ30 -120.34 NASDAQ -32.32 SP500 -13.22 NASDAQ Adv/Vol/Dec 900/1.32 bln/1525 NYSE Adv/Vol/Dec 1145/450 mln/1815
2:00 pm : Stocks continue to trade in weak fashion, leaving the major equity averages to fractionally extend their session lows. The broad-based S&P 500 hasn’t been in positive territory for about two hours.
Telecom, up 0.2%, and Health Care, up 0.1%, make up the only two major sectors that have managed to maintain any kind of a gain. Tech is leading the other eight sectors lower with its drop to a 1.1% loss. DJ30 -69.56 NASDAQ -17.05 SP500 -7.13 NASDAQ Adv/Vol/Dec 1000/1.24 bln/1405 NYSE Adv/Vol/Dec 1255/420 mln/1660
1:30 pm : Tech stocks continue to come under pressure. The sector, which is the largest by market weight, is now down 0.7% for the day. Only Industrials, off by 0.8%, are in worse shape. Qualcomm (QCOM 63.38, -3.60) continues to weigh heavily on the Tech space — the stock has slumped in excess of 5% to a new monthly low because the company’s underwhelming forecast has overshadowed its better-than-expected earnings results.DJ30 -58.62 NASDAQ -11.51 SP500 -5.65 NASDAQ Adv/Vol/Dec 1150/1.12 bln/1250 NYSE Adv/Vol/Dec 1440/375 mln/1460
1:00 pm : Listless trade has left the major equity averages to plod along with modest losses for the second straight session.
Stocks have struggled to establish a clear direction in today’s trade. The mood ahead of the open was mixed because of eurozone concerns tacitly communicated by the euro’s retreat. A disappointing weekly jobless claims count further undermined confidence that had been built initially with help from a big batch of better-than-expected earnings reports from a broad range of industry bellwethers.
Disappointment related to the latest Philly Fed Survey and monthly existing home sales numbers after the open stirred a flurry of selling that dropped the major averages into the red for modest losses. Stocks managed to rebound from there, but the move proved unsustainable amid a lack of leadership. The Nasdaq is now at a session low, while both the S&P 500 and Dow test their depths of the day.
The broad market may be down with a modest loss, but shares of online retailer eBay (EBAY 40.59, +4.72) surged to a new multi-year high in response to its latest quarterly report, which featured an upside earnings surprise. The company also raised its forecast for fiscal 2012.
Dow components American Express (AXP 57.65, -0.39), Travelers (TRV 62.30, +2.83), Verizon (VZ 38.30, +0.64), and DuPont (DD 52.39, -0.88) all posted upside earnings surprises of their own. Fellow blue chip Bank of America (BAC 8.84, -0.08) gapped higher at the open because of a positive response to its report, but shares have since faltered. Morgan Stanley (MS 17.98, +0.32) has maintained some of its gain after pulling back from its opening level. DJ30 -35.73 NASDAQ -6.54 SP500 -3.81 NASDAQ Adv/Vol/Dec 1110/1.04 bln/1270 NYSE Adv/Vol/Dec 1345/355 mln/1550
12:30 pm : The Nasdaq has notched a new session low, although its loss remains relatively modest. Meanwhile, the S&P 500 is quickly approaching the depths that it set in the early going, but the Dow has yet to test its daily low.
Shares of Bank of America (BAC 8.86, -0.06) are in the red with a modest loss after a sharply higher open that came in response to its latest quarterly report. A positive response to the latest numbers from Morgan Stanley (MS 17.85, +0.19) also helped shares of the investment bank and brokerage outfit open higher, but the stock has moved down from that mark. Collectively, Financials are down 0.3% today. DJ30 -42.77 NASDAQ -6.44 SP500 -4.61 NASDAQ Adv/Vol/Dec 1130/960 mln/1215 NYSE Adv/Vol/Dec 1360/325 mln/1525
12:00 pm : The major stock averages continue to muddle along in mixed fashion. The lackluster action is largely owed to ongoing listlessness.
Although the broad market has been without much direction today, shares of eBay (EBAY 40.90, +5.03) are up 14% to trade at multi-year highs following the release of the online retailer’s latest quarterly report, which featured better-than-expected results for both the top and bottom line. The company’s second quarter forecast was actually in line with what Wall Street had already projected, but management did raise its outlook for fiscal 2012. Several analysts upgraded shares of the stock following the report’s release.
Despite strength in shares of EBAY, the Consumer Discretionary sector is down 0.5% for the day. In the prior session Consumer Discretionary stocks actually booked the only major gain of any major sector. DJ30 -2.65 NASDAQ +4.35 SP500 -1.02 NASDAQ Adv/Vol/Dec 1320/830 mln/1005 NYSE Adv/Vol/Dec 1585/285 mln/1245
11:30 am : Stocks are on the slide again. The action has taken both the Dow and the S&P 500 back to the flat line after they had worked their way up to a modest gain. The stock market’s inability to sustain a gain comes amid a continued lack of leadership.
With stocks struggling to find direction Treasuries continue to hold on to slight gains. The benchmark 10-year Note is up only a handful of ticks, but the move has been enough keep the Note’s yield near its monthly low of about 1.95%. DJ30 +0.90 NASDAQ +9.39 SP500 +0.07 NASDAQ Adv/Vol/Dec 1510/705 mln/770 NYSE Adv/Vol/Dec 1815/245 mln/990
11:00 am : A dose of disappointing data prompted stocks to retreat earlier, but they have since bounced back into positive territory. Overall gains remain modest, though.
For the second straight session the broad market is without a legitimate source of leadership. Tech and Financials, arguably the two most influential sectors, are both up a rather tepid 0.3%. Energy has a narrow lead over most of the other sectors, but its 0.4% gain is still too modest to inspire broader buying interest. Meanwhile, Telecom’s 0.7% gain has mattered little to many market participants due to the sector’s lack of weight. DJ30 +39.12 NASDAQ +20.61 SP500 +4.00 NASDAQ Adv/Vol/Dec 1525/600 mln/715 NYSE Adv/Vol/Dec 1910/205 mln/870
10:35 am : The CRB Index is now up 0.3%. Earlier this morning it was down narrowly.
Oil continues to contend with moderate selling pressure, which has left contracts priced with a 0.3% loss at $102.35 per barrel.
Meanwhile, natural gas prices were down narrowly at about $1.95 per MMBtu a few minutes ago, but since the release of the latest weekly inventory report they have moved modestly lower to $1.94 per MMBtu for a 0.6% loss. Weekly inventory data showed a build of 25 bcf when a build of 30 bcf had been broadly anticipated.
Precious metals prices were up only fractionally about 90 minutes ago. From there they bounced higher, but a pushback by sellers has forced prices off of session highs. Gold prices now trade at $1647.50 per ounce for a 0.5% gain, while silver sits at $31.86 per ounce with a 1.2% gain. Helping the case for precious metals, the dollar has declined to a fractional loss against a collection of competing currencies after it had been bid higher this morning. DJ30 +2.34 NASDAQ +20.26 SP500 +1.36 NASDAQ Adv/Vol/Dec 830/410 mln/1340 NYSE Adv/Vol/Dec 1040/145 mln/1685
10:05 am : Stocks have faltered following a flurry of data, which was generally disappointing.
The Philadelphia Fed Survey for April fell to 8.5 from 12.5 in the prior month, but had been generally expected to decline to just 10.3.
Existing home sales hit an annualized rate of 4.48 million units during March, but that is down from the pace of 4.60 million units posted in the prior month and also less than the rate of 4.62 million units that had been broadly anticipated.
Leading Indicators for March increased by 0.3%, which is slightly greater than the 0.2% increase that had been forecasted, on average, among economists polled by Briefing.com. DJ30 -50.78 NASDAQ -2.17 SP500 -4.32 NASDAQ Adv/Vol/Dec 1415/220 mln/675 NYSE Adv/Vol/Dec 1750/80 mln/900
09:45 am : The Dow and S&P 500 are currently narrowly above the neutral line, but the Nasdaq has mustered a modest gain with help from eBay(EBAY 39.73, +3.86), which has sprinted out to a 10% gain with help from a pleasing quarterly report. In contrast, Qualcomm (QCOM 64.00, -2.98) has slumped in response to its latest quarterly results.
As a reminder, 10:00 AM ET brings the latest existing home sales numbers, the latest Philadelphia Fed Survey, and monthly Leading Indicators.DJ30 14.01 NASDAQ +1.35 SP500 +10.20 NASDAQ Adv/Vol/Dec NA/NA/NA NYSE Adv/Vol/Dec NA/NA/NA”
Comments »Today’s Heat Map and A/D Lines
Today’s 52 Week Highs and Lows
NYSE
New Highs 24 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Alliance Data Sys ADS 128.45 135,458 Ares Cap Corp. 7% Nts ARN 25.84 300 Chubb Corp CB 72.08 216,866 Diageo PLC DEO 101.85 74,453 Dillards Cp Tr I 7.5% pfd DDT 25.54 2,499 GlaxoSmithKline ADS GSK 46.93 700,289 Global Cash Access GCA 8.34 51,638 Hershey HSY 62.70 130,494 InterCont Hotels Grp IHG 23.76 160,753 Kimco Realty Dep 6 Pfd I KIMpI 25.02 35,038 LaSalle Hotel Prprts LHO 29.98 182,685 Marriott Intl MAR 39.61 698,663 Myers Industries MYE 17.54 11,659 NextEra Engy Deb. G 2072 NEEpG 25.67 17,248 Northstr Rlty Fin 8.75% A NRFpA 24.90 1,200 Novo Nordisk NVO 151.90 9,130 PPG Industries PPG 99.00 119,601 PennyMac Mortgage Inv Tr PMT 19.51 13,542 Rackspce Host RAX 60.00 181,614 Schiff Nutrition Intl WNI 14.13 3,477 Tata Motors ADS TTM 30.43 565,422 VMware Inc VMW 118.79 1,011,733 Wabtec WAB 81.31 30,266 Wyndham Worldwide WYN 48.00 98,430 New Lows 21 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ AbitibiBowater ABH 13.00 9,448 Banco Bilbao Argentaria BBVA 6.53 271,128 Banco Santander STD 6.11 10,169,754 Chunghwa Tele CHT 29.66 38,987 ConocoPhillips Wi COPw 54.30 16,045 Enerplus ERF 17.82 291,674 France Telecom FTE 13.07 628,194 GFI Group GFIG 3.24 4,590 Great North Iron Ore Prop GNI 68.80 12,889 KT Crp ADS KT 13.01 56,290 Mesa Royalty Tr MTR 33.00 1,491 Nokia NOK 3.79 11,543,290 Nortel Inversora ADS NTL 17.41 1,700 Pampa Energia ADS PAM 7.17 4,000 Promotora Info ADS B PRIS/B 3.41 2,300 Promotora de Info ADS PRIS 2.28 5,000 Pulse Electronics PULS 2.10 2,700 Telefonica TEF 14.22 1,284,679 Ultra Petroleum UPL 18.12 139,945 World Wrestling WWE 7.86 38,931 YPF SA YPF 12.48 504,580
NASDAQ
New Highs 22 COMPANY SYMBOL HIGH VOLUME ------- ------ ---- ------ Catalyst Health Solutions CHSI 86.11 247,326 Cost Plus CPWM 19.51 33,608 eBay EBAY 39.82 9,484,146 Flexsteel Industries FLXS 20.61 1,970 Fresh Market TFM 52.93 9,361 HomeStreet HMST 34.59 600 Horizon Bancorp (Indiana) HBNC 20.40 2,776 Interphase INPH 7.39 52,720 Madison Square Garden MSG 35.35 8,589 Mellanox Techs MLNX 59.57 662,121 Merrimack Pharmaceuticals MACK 8.89 28,282 Monarch Fincl Hldgs MNRK 9.20 6,166 Nortek NTK 45.62 300 Penn National Gaming PENN 46.48 353,594 Pool POOL 39.49 33,305 Regeneron Pharmaceuticals REGN 126.39 87,952 SXC Health Solutions SXCI 90.92 252,468 John B Sanfilippo & Son JBSS 13.58 5,193 Sourcefire FIRE 51.73 26,227 Thomas Properties TPGI 4.80 1,500 Tractor Supply Co TSCO 100.00 45,489 Verisk Analytics Inc VRSK 48.19 18,356 New Lows 19 COMPANY SYMBOL LOW VOLUME ------- ------ ---- ------ Apollo Grp (Cl A) APOL 35.26 273,472 Baldwin & Lyons A BWINA 20.51 233 Brightpoint CELL 7.03 37,883 Cleveland BioLabs CBLI 1.45 21,107 Education Management EDMC 12.06 24,240 Groupon Inc GRPN 11.82 161,355 InterDigital IDCC 31.65 18,780 MannKind MNKD 2.01 120,935 Marchex (Cl B) MCHX 3.55 17,831 NIC EGOV 9.97 327,054 National Amer University NAUH 5.27 2,600 Peerless Manufacturing Co PMFG 12.92 5,553 Polycom PLCM 12.51 874,938 Prima Biomed Ltd. ADS PBMD 7.50 800 SMF Energy FUEL 0.23 54,702 UniTek Global Services UNTK 2.90 367 Wacoal Hldgs Corp WACLY 55.16 1,256 Wave Systems (Cl A) WAVX 1.36 16,892 ZELTIQ Aesthetics ZLTQ 5.35 44,031Comments »
Philadelphia Fed Index: Prior 12.5, Market Expects 10.3, Actual 8.5…Leading Indicators up 0.8% vs Consensus of 0.7%
Gapping Up and Down This Morning
Gapping up
HGSI +103.3%, MLNX +22.1%, GILD +14.8%, EBAY +8.7%, FFIV +6.3%, MS +6.2%, BAC +3.4%, MAR +3.1%, VMW +2%, UNH +1.2%
Gapping down
PLCM -5.1%, QCOM -3.6%, EMC -3.4% SCSS -2.8%, YUM -2%, STD -2.0% SWK -1.9%, NOK -0.8%
Comments »In Play and On the Wires
Initial Claims: Prior 380k, Market Expects 375k, Actual 386k; Futures Fall Off
The IMF Raises $320 Billion to Help Combat the Eurozone Debt Crisis; Short of Estimates
“WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday it had raised $320 billion so far in a bid to boost its firepower to deal with the euro zone debt crisis, with Poland and Switzerland joining the effort.
IMF Managing Director Christine Lagarde said she had received commitments of $34 billion on Wednesday, including $8 billion from Poland and “a substantial amount” from Switzerland.
“Ensuring that the Fund has sufficient resources to tackle crises and to promote global economic stability is in the interests of all our members,” she said in a statement.
Lagarde is hoping to secure at least $400 billion in commitments from finance officials from around the globe, who meet this week in Washington under the auspices of the Group of 20 nations and the IMF and World Bank….”
Comments »Most of Asia Pares Losses, Europe Trades Mixed , and U.S. Futures Try to Lift
Japan Exports Surprise to the Upside; Sadly Asia Trades Down as They Wait for the Upcoming Spanish Debt Auction
Gapping Up and Down This Morning
Gapping up
DEPO +11.3%, URI +7.6%, ISRG +6%, ADES +2.9%, CSX +2.9%, SYK +2%, BBL +1.9%,
YHOO +1.9%, BHP +1.7%, AIG +1.2%, DECK +2.2%, AIG +1.8%, MUX +1.6%, BBY +2.6% ,
ADES +2.9% , RIO +1.3%, HSI +34.9%,SXCI +12.1% , THQI +44.4%, URI +10%, ISRG +6%, PII +5.3%
TXT +4%, STX +3.1%, HAL +2%, ABT +1.3%, SYK +0.2%,
Gapping down
IN -17.7%, GNW -7.8%, TNP -6.8%, CREE -6.3%, ASML -3.3%, INTC -2.1%, IBM -2.1%, PARL -1.6%,
BEE -1.5%, MT -1.4%, LEDS -1.3%, MSTR -1.5%, FSLR -0.8% , PNRA -0.8% , BRK.B -0.9%,
CHK -1.3%, TNP -6.8% , ALU -4%, E -1.3%, TOT -0.9%, RIG -0.6%, BP -0.4%, PARL -1.6%,
UBS -3%, NBG -2.8%, CS -2.6%, STD -2.3%, DB -1.2%, ING -0.4%, C -0.3%, SYT -3% , ASML -2.8%,
LLTC -1.7%,
Comments »U.S. Equity Preview: $CREE, $CSX, $INTC, $IBM, $ISRG, $SYK, $URI, & $YHOO
“Cree Inc. (CREE) : The maker of energy-efficient lighting reported third-quarter earnings of 20 cents a share, missing the average analyst estimate by 1 cent.
CSX Corp. (CSX) : The biggest U.S. eastern railroad said first-quarter profit topped analysts’ estimates as freight shipments rose.
Intel Corp. (INTC) : The world’s largest semiconductor maker predicted higher second-quarter sales than some analysts had estimated as it ships new personal-computer and server chips and shortages of hard drives abate.
International Business Machines Corp. (IBM) : The world’s biggest computer-services provider reported first-quarter revenue was $24.67 billion, falling short of the average analyst estimate of $24.79 billion.
Intuitive Surgical Inc. (ISRG) : The maker of a robotic system to perform surgery reported first-quarter adjusted profit of $3.50 a share, surpassing the average analyst estimate of $3.12.
Stryker Corp. (SYK) : The maker of artificial hips and knees reported first-quarter sales of $2.16 billion, topping the average analyst estimate of $2.12 billion.
United Rentals Inc. (URI) : The construction-equipment rental company posted first-quarter revenue of $656 million, exceeding the average analyst estimate of $611.4 million.
Yahoo! Inc. (YHOO) : The largest U.S. Web portal reported earnings and sales that exceeded estimates as it benefited from growth in the online advertising market under newly appointed Chief Executive Officer Scott Thompson.”
Comments »
