Sunday, December 30, 2007

Stocks to Watch Monday

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Piedmont (NYSE:PNY - News) reports earnings on Monday before the bell, with traders looking for -$0.05 EPS. PNY's PowerRating (for Traders) is 6.
When Immucor (NasdaqGS:BLUD - News) reports earnings on Wednesday after the close, traders will be watching for $0.24 EPS. BLUD's PowerRating (for Traders) is 5.
KB Home (NYSE:KBH - News) dropped about 3.5% on Friday, following an extremely weak new home sales report out of the U.S. KBH's PowerRating (for Traders) is 5.
Pulte Homes (NYSE:PHM - News) also fell on the news, down over 2% for the day. PHM's PowerRating (for Traders) is 4.
Cal-Maine Foods (NasdaqGM:CALM - News) rallied 9% on Friday after announcing a massive increase in Q2 net income from the same period last year. CALM's PowerRating (for Traders) is 3.
CDC Corporation (NasdaqGM:CHINA - News) rallied 23% on Friday after announcing that the company's directors and executives have purchased nearly 500k shares of the company over the last week. CHINA's PowerRating (for Traders) is 2.
Checkpoint Software (NYSE:CKP - News) rallied 15% after announcing a new CEO. CKP's PowerRating (for Traders) is 4.

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Thursday, December 27, 2007

Trading Ideas Thursday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Exelon Corporation (NYSE:EXC - News). EXC's PowerRating (for Traders) is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
San Juan Basin (NYSE:SJT - News). SJT's PowerRating (for Traders) is 6.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Possis Medical (NasdaqGS:POSS - News). POSS's PowerRating (for Traders) is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Blockbuster (NYSE:BBI - News). BBI's PowerRating (for Traders) is 1.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Goodyear Tire & Rubber (NYSE:GT - News) & Yahoo (NasdaqGS:YHOO - News). GT's PowerRating (for Traders) is 3, and YHOO's PowerRating (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Fuel Tech (NasdaqGM:FTEK - News). FTEK's PowerRating (for Traders) is 3.

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Wednesday, December 26, 2007

Stocks to Watch Thursday

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Christopher & Banks (NYSE:CBK - News) reports earnings after the bell on Thursday, with traders looking for $0.28 EPS. CBK's PowerRating (for Traders) is 6.
Verifone (NYSE:PAY - News) is expecting to report $0.38 EPS on Thursday afternoon after the bell. PAY's PowerRating (for Traders) is 1.
Target (NYSE:TGT - News) fell over 2% today after announcing that December sales may decline following a weak post-Thanksgiving period. TGT's PowerRating (for Traders) is 4.
Macy's (NYSE:M - News) fell nearly 6% on the retail sales warning from Target. M does not have a PowerRating (for Traders) due to its short trading history.
Big Lots (NYSE:BIG - News) dropped nearly 6%, in line with an industry-wide decline. BIG's PowerRating (for Traders) is 5.
Evergreen Solar (NasdaqGM:ESLR - News) rallied over 9% today after China announced plans to pursue and develop alternative energy sources. ESLR's PowerRating (for Traders) is 3.
Amazon.com (NasdaqGS:AMZN - News) rallied over 2% today after announcing that the company has managed its best holiday season to date this year. AMZN's PowerRating (for Traders) is 4.

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October Home Prices Post Record Decline

Shares of homebuilders mostly fell in Wednesday morning trading after a report released by Standard & Poor's indicated October home prices fell by a record 6.7 percent from the same month a year ago.
Earlier in the day, S&P released its monthly Standard & Poor's/Case-Shiller home price index. It was the 10th consecutive month the index has declined, indicating the housing market is not showing any signs of breaking out of its current malaise.
"No matter how you look at these data, it is obvious that the current state of the single-family housing market remains grim," said Robert Shiller, who helped create the index, in a statement Wednesday.

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Apple Inc. (AAPL) Hits $200 for the First Time

Shares of Apple Inc. hit the $200 mark for the first time Wednesday, as investor confidence in the company continued rising near the end of what has been a strong year for the iPod and computer maker.
In afternoon trading, shares rose $1.17 to $199.97. They earlier peaked at $200.
Apple shares have traded between $76.77 and $199.33 in the past year, rising steadily since January as investors anticipated and then cheered the release of the company's hybrid cell phone, multimedia player and wireless Internet device, the iPhone. The product went on sale at the end of June.
Apple released a refreshed line of iPods during the year, updating its flash-based Nano model to one that can play videos, and introducing a device called the iPod Touch which is much like an iPhone without cellular calling capabilities.

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Thursday, December 20, 2007

Stocks to Watch Friday

Research In Motion (NasdaqGS:RIMM - News) reported Q3 net income more than doubled, and raised its Q4 guidance above estimates.
Jabil Circuit (NYSE:JBL - News) reported a 50% rise in Q1 profit, and provided guidance for Q2 and FY08.
Cisco Systems (NasdaqGS:CSCO - News) announced that Chief Development Officer, Charles Giancarlo, is leaving the company to join Silver Lake Partners. Giancarlo was seen by many as a possible successor to John Chambers, the company's CEO.
Newmont Mining (NYSE:NEM - News) sold its royalty assets and certain other non-core investments to Franco-Nevada Corporation in a transaction valued at $1.3.
Sun Bancorp (NYSE:SNBC - News) announced a $1.1 billion share buyback.
Tibco Software (NasdaqGS:TIBX - News) Q4 profit declined, but on a non-GAAP basis, earnings rose from the year-ago.
KeyCorp (NYSE:KEY - News) announced a Q4 charge, but increased its dividend for the 43rd consecutive year.

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Friday, December 14, 2007

Advanced Micro Devices Inc. (AMD) Continues to Fall

Shares of semiconductor maker Advanced Micro Devices Inc. continued their slide Friday, a day after an annual analyst meeting in which it announced delays in its key "Barcelona" chip.
While the company said it plans to reach profitability by the end of the third quarter of 2008, analysts were generally not as optimistic, in part because of the "Barcelona" delays and competition from other chip makers.
Cowen and Co. analyst John Barton said in a note to investors that he remained cautious on AMD, as the company has negative free cash flow and has given no indication of a significant change in strategy.

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BioMarin Pharmaceutical Inc. (BMRN) Stock Surges

Shares of BioMarin Pharmaceutical Inc. surged to a seven-year high Friday, as analysts said the price of the company's newly-approved drug Kuvan is greater than expected, and that BioMarin may get more revenue from the drug than previously believed.
BioMarin said Thursday afternoon that the Food and Drug Administration approved Kuvan, a drug designed to treat the genetic disorder phenylketonuria. People with phenylketonuria are unable to metabolize certain proteins in meat, milk and eggs. High protein levels in their blood can cause mental retardation and neurological problems.
BioMarin shares rose 5 percent Thursday, and gained $6, or 20.2 percent, to $35.76 in morning trading, the stock's highest value since March 2000.

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Trading Ideas Friday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.

Nuance Communications (NasdaqGS:NUAN - News). NUAN's PowerRating (for Traders) is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Netflix (NasdaqGS:NFLX - News). NFLX's PowerRating (for Traders) is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Arthrocare (NasdaqGS:ARTC - News). ARTC's PowerRating (for Traders) is 7.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Pulte Homes (NYSE:PHM - News). PHM's PowerRating (for Traders) is 5.
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Genentech (NYSE:DNA - News). DNA's PowerRating (for Traders) is 4.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Dean Foods (NYSE:DF - News). DF's PowerRating (for Traders) is 4.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Dendreon (NasdaqGM:DNDN - News). DNDN's PowerRating (for Traders) is 1.
Published By TradingMarkets.com

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Thursday, December 13, 2007

Stocks to Watch Friday

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Leap Wireless (NasdaqGS:LEAP - News) beat earnings on Thursday afternoon, announcing -$0.09 EPS versus -$0.15 EPS. LEAP's PowerRating (for Traders) is 6.
Novell (NasdaqGS:NOVL - News) also beat earnings, reporting $0.06 EPS over $0.04 EPS. NOVL's PowerRating (for Traders) is 4.
Quiksilver (NYSE:ZQK - News) missed earnings on Thursday, with $0.51 EPS versus $0.52 EPS. ZQK's PowerRating (for Traders) is 4.
CDC Corporation (NasdaqGM:CHINA - News) reports earnings on Friday before the market opens, with traders looking for $0.08 EPS. CHINA's PowerRating (for Traders) is 6.
Amtech Systems (NasdaqGM:ASYS - News) dropped more than 25% on Thursday after announcing Q1 projections which did not meet analyst expectations. ASYS's PowerRating (for Traders) is 5.
Countrywide Financial (NYSE:CFC - News) fell more than 5% on Thursday after announcing that foreclosures doubled in November and late payments continue to rise. CFC's PowerRating (for Traders) is 5.
Dow Chemical (NYSE:DOW - News) jumped 7% today after announcing plans to allow Kuwait to buy half of Dow's plastics division for $9.5 billion. DOW's PowerRating (for Traders) is 4.

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Savient Pharmaceuticals Inc. (SVNT) Shares Surge

Shares of biotechnology company Savient Pharmaceuticals Inc. surged in premarket trading Thursday after the company said its gout drug candidate Puricase met the main goal of a late-stage clinical study.
Savient shares jumped $6.90, or 47.7 percent, to $21.36 in premarket trading. The stock is positioned to top its all-time high of $21, set in March 2000.
Puricase is intended for use in gout patients who have already failed a prior treatment. The condition, caused by excessive amounts of uric acid, is a severe form of arthritis and causes sudden pain and swelling in joints. The company said it plans to request Food and Drug Administration approval in 2008.

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Rigel Pharmaceuticals Inc. (RIGL) Shares Surge on Positive Arthritis Data

Shares of Rigel Pharmaceuticals Inc. surged in Thursday morning trading, after the drug developer said its rheumatoid arthritis drug candidate was effective in a midstage study.
The stock surged $6.49, or 81 percent, to $14.49, well above its prior 52-week high of $12.46.
The study of drug candidate R788, or tamatinib fosdium, involved 189 patients receiving one of three doses of the oral treatment. Both the 100-milligram and 150-milligram doses showed comparable results, with effects seen in as early as one week, the company said.
Rheumatoid arthritis, a debilitating chronic inflammatory disease, affects more than 2 million people in the U.S.
Rigel said it plans to start the drug's next clinical trial in 2008.

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Trading Ideas Thursday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Nuance Communications (NasdaqGS:NUAN - News). NUAN's PowerRating (for Traders) is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Reynolds American (NYSE:RAI - News). RAI's PowerRating (for Traders) is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
XM Satellite Radio (NasdaqGS:XMSR - News). XMSR's PowerRating (for Traders) is 7.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Beazer Home (NYSE:BZH - News). BZH's PowerRating (for Traders) is 5.
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Parallel Petroleum (NasdaqGM:PLLL - News). PLLL's PowerRating (for Traders) is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Hillenbrand Industries (NYSE:HB - News). HB's PowerRating (for Traders) is 4.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Agilisys (NasdaqGS:AGYS - News). AGYS's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

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Lehman Brothers Holdings Inc. (LEH) Beats the Street

Lehman Brothers Holdings Inc., the nation's No. 4 investment bank, on Thursday said equity trading and investment management fees drove its fiscal fourth-quarter profit past Wall Street expectations.
Lehman, the largest U.S. underwriter of mortgage-backed bonds, relied on a strong performance from its equities business to sidestep losses stemming from the credit market collapse.
"Despite what continues to be a difficult operating environment, the Firm's results for the quarter highlight our ability to perform across market cycles and deliver value to our shareholders," Chairman and Chief Executive Richard Fuld said in a statement.
For the three months ended Nov. 30, profit after paying preferred dividends was $870 million, or $1.54 per share, compared to $987 million, or $1.72 per share, a year earlier.
Revenue fell 3 percent to $4.39 billion from $4.53 billion a year earlier. Writedowns from mortgage-backed securities and real-estate holdings reduced revenue by $830 million.
Analysts polled by Thomson Financial projected a profit of $1.42 per share on revenue of $4.26 billion, according to analysts polled by Thomson Financial.

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Costco Wholesale Corp. (COST) Profit Climbs 11 Percent

Warehouse retailer Costco Wholesale Corp. said Thursday its fiscal first-quarter profit climbed 11 percent partly on solid membership fee growth to meet Wall Street's expectations.
For the period ended Nov. 25, the company reported earnings of $262 million, or 59 cents per share, compared with $236.9 million, or 51 cents per share, in the prior year.
Quarterly revenue rose 12 percent to $15.81 billion from $14.15 billion on increased membership fee revenue and higher sales.
Both net income and revenue results met the expectations of analysts polled by Thomson Financial.

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Nextest Systems Corp. (NEXT) Shares Soar on Teradyne Inc. (TER) Buyout

Teradyne Inc., a maker of products to test computer chips, said Wednesday it agreed to buy Nextest Systems Corp. for $379 million, expanding its product line into the flash memory chip sector.
Teradyne agreed to pay $20 per share in cash for Nextest, which had 18.9 million shares outstanding at the end of September. The per-share price represents a premium of about 67 percent over Nextest's closing price Tuesday of $11.99.
Nextest, which makes test products for flash memory chips, had $95.8 million in revenue in 2006.
Teradyne expects the move to reduce earnings in 2008. It expects the deal to close in the first quarter, pending regulatory and shareholder approvals.

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Wednesday, December 12, 2007

NetManage Inc. (NETM) Stock Soars on Buyout

Rocket Software Inc. will acquire corporate business applications software developer NetManage Inc. for about $69 million, the companies said Wednesday.
Newton, Mass.-based Rocket Software and Cupertino-based NetManage (NASDAQ:NETM - News) said both boards have approved the acquisition.
The agreement calls for privately held Rocket to pay about $7.20 for each share of NetManage stock, representing a 95 percent premium over Tuesday's closing price of $3.69. NetManage stock has fallen about 30 percent so far this year.
The acquisition is expected to be completed in February, 2008.
Zvi Alon, CEO of NetManage, said the company feels "confident this is the right strategy for our shareholders, customers and employees and that Rocket will continue to build on our legacy. NetManage's specialized solutions for integrating, Web enabling, and accessing enterprise information systems will strengthen and advance Rocket's set of offerings."
Published December 12, 2007 by the Silicon Valley / San Jose Business Journal

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Hot Stocks to Watch Thursday

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
ADC Telecom (NasdaqGS:ADCT - News) beat earnings on Wednesday, announcing $0.30 EPS over an expected $0.22 EPS. ADCT's PowerRating (for Traders) is 5.
Martek Biosciences (NasdaqGS:MATK - News) also beat earnings with $0.23 EPS over $0.20 EPS. MATK's PowerRating (for Traders) is 5.
Ciena (NasdaqGS:CIEN - News) reports quarterly results on Thursday before the market opens, with analysts looking for $0.42 EPS.
Costco (NasdaqGS:COST - News) announces earnings on Thursday morning; watch for $0.59 EPS. COST's PowerRating (for Traders) is 6.
When Jos. A. Bank (NasdaqGS:JOSB - News) reports earnings tomorrow morning, analysts will be watching for $0.33 EPS. JOSB's PowerRating (for Traders) is 5.
Lehman Brothers (NYSE:LEH - News) is looking to announce $1.44 EPS on Thursday morning before the bell. LEH's PowerRating (for Traders) is 4.
Leap Wireless (NasdaqGS:LEAP - News) announces quarterly results tomorrow after the close, with traders watching for -$0.15 EPS. LEAP's PowerRating (for Traders) is 4.

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SLM Corp. (SLM) Stock Drops on Forecast

Student lender Sallie Mae on Wednesday slashed its profit forecast for the fourth quarter and all of 2008, as it hoards cash to offset bad loans and faces reduced federal subsidies.
The company also said it failed to renegotiate a buyout with an investor group that balked several months ago at its original $25 billion cash offer for Sallie, the nation's largest student lender. The investor group, led by private-equity firm J.C. Flowers & Co., "does not wish to pursue these opportunities," Sallie, formally known as SLM Corp., said in a press release.
After the announcement, Sallie's shares sank $3.94, or more than 12 percent, to $28 a share. That is more than 50 percent below the original $60-per-share offer from the investor group, which also includes Bank of America Corp. and JPMorgan Chase & Co.
The investor group had no immediate comment.