Archive for January, 2010

USEC Options Alert… Obama-Nuclear Stock (USU)

There has been some increased trading activity in the stock of USEC Inc. (NYSE: USU).  This is based upon more belief that the loan guarantee denied last Summer may be back on because the Obama administration has talked about adding nuclear power and more loan guarantees tripling to possibly $54 billion in the 2011 budget [...]

Yucheng Shows How Dire Chinese Bank Situation Is (YTEC)

Yucheng Technologies Limited (NASDAQ: YTEC) is getting killed after the IT-solutions provider for Chinese banks reported earnings.  The company’s guidance for 2010 is awful as a direct play on Chinese bank spending post-cuts that have now been mandated. The company is offering some clarity over the Chinese loan-halt situation: “We believe that the prospective reserve [...]

Ford on Cruise Control at 120 MPH (F)

Ford Motor Co. (NYSE: F) is seeing huge volume after the only remaining public US auto maker posted a full year profit for 2009.  That was unthinkable a year ago.  The shares are only up 2% at $11.80 as of 8:56 AM EST, but we have already seen 11.7 million shares trade hands.  Average volume [...]

Flextronics Lags EMS Stocks (FLEX)

Flextronics International Ltd. (NASDAQ: FLEX) closed at $7.10 but shares are down 3.8% at $6.83 on 98,065 shares of stock as of 8:43 AM EST.  This is effectively making the stock the worst reaction for the electronics manufacturing service or EMS stocks.  The earnings Were $0.17 EPS and $6.6 billion in revenues versus Thomson Reuters [...]

Netflix Challenging 52-Week Highs (NFLX)

Netflix, Inc. (NASDAQ: NFLX) was up well into double-digit percentage last night already, and it is looking even better so far.  The company said everything right that it could short of issuing any guarantees.  The movie rental player added 1.1 million customers and said that its fourth quarter profits rose 36% and gave strong expectations [...]

Double-Digit Percentage Earnings Movers (ALGN, NFLX, QCOM, TTEK)

We have at least four stocks up or down by double-digit percentages in the after-hours session based upon their earnings reports.  These are Align Technology, Inc. (NASDAQ: ALGN) and Netflix, Inc. (NASDAQ: NFLX) up; Qualcomm Inc. (NASDAQ: QCOM) and Tetra Tech Inc. (NASDAQ: TTEK) down… Price snapshots below are as of 7:00 PM EST:

Sanmina Rocking (SANM)

Sanmina-SCI Corporation (NASDAQ: SANM) posted a Q1 profit and earnings blew out the consensus Thomson Reuters data with strong margin gains…. guidance was raised too, but there was suspicious strong and active rally trading seen yesterday. Shares rose 14% last night after closing at $12.30.  This morning we have a 15.8% gain to $14.25 but [...]

Sify Tops Leader-Board (SIFY)

Sify Technologies Limited (NASDAQ: SIFY) is the top gainer on earnings this morning, although it one that has been forgotten about by many traders and investors.  The company provides Internet, network, and e-commerce services primarily in India.  The company beat earnings expectations with revenue of $39.19  million, a gain of 18% from a year ago.  [...]

Buffett Cheering S&P 500 Addition (BRK-B, BNI, BRK-A)

Berkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-B) is rarely a  top day trader alert stock.  In fact, maybe once. But last night it was announced that the S&P 500 Index will replace Burlington Northern Santa Fe (NYSE: BNI) with Berkshire Hathaway on a date TBA. At 8:38 AM EST we have seen 525,000 shares trade [...]

Human Genome Upgrade Alert (HGSI)

Human Genome Sciences (NASDAQ: HGSI) is trading up 2.6% at $28.25 this morning on an analyst call that is getting surprisingly very little coverage so far when you consider the move this stock has seen.  The biotech and genomics player was started as “Outperform” at RBC Capital with a $38 price target.  The highest target [...]