Archive for December 18th, 2009

LDK Weakness Prevails on ‘Going Concern’ (LDK)

LDK Solar Co. Ltd. (NYSE: LDK) is seeing a lot of action this pre-market Friday.  At 8:43 AM EST we have shares trading down another 7.4% at $7.27 on over 1 million shares.  This one already fell from $9.20 on Wednesday’s close as a securities sale yesterday sent shares south on a whopping 17.49 million [...]

Deer Products Follows Up Guidance After Secondary (DEER)

Deer Consumer Products, Inc. (NASDAQ: DEER) is trading higher this morning after it raised its guidance.  As it is a Chinese kitchen appliances company with no real analyst following, this ‘raised guidance’ only has bearing against what the company said.  But if this stock sounds familiar it is because they are the ones who recently [...]

Take-Two Still Dud, But Icahn on Heels (TTWO)

Take-Two Interactive Software (NASDAQ: TTWO) is actually trading up despite posting a net loss and non-GAAP earnings of $0.09 EPS,  in-line with estimates; Revenue was up 6% on the surface at $343M rather than 340+ million expected.  While it ‘reiterated’ for the next quarter, this is on the heels of much lower guidance.  Stern Agee [...]

Oracle At Highs Not Seen Since 2001 (ORCL)

Oracle Corp. (NASDAQ: ORCL) rose on its earnings and is actually at 52-week highs if this level  holds.  The software giant beat earnings and revenue expectations.  Guidance was not stellar, but the company did talk about enterprise orders picking up consistently and sequential growth. Also noted was how it has continued to take market share [...]

Palm Scratching Its Head (PALM)

Palm, Inc. (NASDAQ: PALM) is getting clipped this morning, although frankly the news could have been worse as shipments in the last quarter ran far higher than sell-thru rates.  Last night was apparently its 10th consecutive loss and Sprint Nextel is not offering enough bang for the buck.  At 8:13 AM EST we have seen [...]

RIM Runs Leader Board (RIMM)

Research-in-Motion Ltd. (NASDAQ: RIMM) is soaring after beating earnings after the close on Thursday.  We have also seen targets and/or estimates raised at UBS, Canaccord, Thomas Weisel, TD, Deutsche Bank, and more.  Shares of RIM went out up 12% at $71.21 on 11.15 million shares in last night’s after-hours session alone.  At 8:10 AM EST [...]