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Stocks For Thursday
GOOG
CIEN CHS OVTI CNXT
Challenger Job-Cut Report
7:30 ET
ECB Announcement
7:45 ET
Jobless Claims
8:30 ET
294K vs 285K Consensus
EIA Natural Gas Report
10:30 ET
Chain Store Sales
12:00 ET
TOP FINANCIAL NEWS
Oil rises despite bulging US stocks, eyes Nigeria
Japanese gain top slots in US car league
BUSINESS
NEWS
Ford mulls Q1 charge for UAW layoffs
VeriSign
VRSN Statement on ICANN Board Approval of
Settlement
Cenveo
CVO Announces Fourth Quarter 2005 Results
MICROSOFT vows better search than GOOGLE
Northwest reaches deal with flight attendants
Trading Up
VSNT +30.0% (reported Q1); QADI +25.3% (reported
Q4 results, issued Q1 and FY07 guidance); PETM +8.7% (beat by
$0.01, guided Q1 below, Y07 in line); ALDA +8.6% (missed by
$0.01, guided higher for FY06); RCKY +6.9% (reported $0.07 above
consensus; guided Y06 EPS above consensus, ex-items; guided Y06 revs
in-line); MW +4.1% (beat by $0.15; guided; reported Feb comps);
WNR +3.7% (reported Q4 results); WCAA +2.7% (reported Q4
results, to explore strategic alternatives); TFSM +2.4% (reported
$0.02 above consensus; guided Q1 in-line, Y06 EPS in-line, revs up);
HOV +1.5% (beat by $0.01, guided Q2 below consensus)...
Trading Down
VNUS -16.1% (reported in line; issued Q1 and FY06
guidance); OVTI -11.7% (reported
$0.08 above consensus; guided Q4 in-line); SONE -8.2% (missed by
$0.10, revs below consensus); CHS -6.5% (missed by $0.01; issued
earnings guidance; reported Feb same store sales); FLR -2.7%
(reported Q4 results, beat handily on revs; reaffirmed Y06 EPS
guidance); MDR -1.4% (reported Q4);
Companies moving in reaction to news
IONA +8.1% (received Nasdaq notice pursuant to
marketplace rule 4803a); DVAX +5.6% (plans to report the positive
safety and efficacy data for Phase II/III trial of Tolamba); NTCT
+4.7% (broker initiation); ZUMZ +2.7% (reported Feb comps);
GENR +2.4% (announced Interim EVIZON Phase II); MRGE +2.1%
(expanded stock repurchase by $10 mln); LDG +1.7% (beat by $0.02,
guided for Q1, Y07 above)...
Mentioned on Mad Money
RAD +6.7%, INSU +2.5%... BDSI -32.9% (received
non-approvable Notification from FDA on Emezine); DCN -23.8%
(failed to make March 1st senior note interest payment); CNXT
-3.7% (announced proposed offering of convertible subordinated notes);
ABTL -3.0% (to appoint James Riesenbach Pres, CEO; co no longer for
sale); AKS -2.9% (to increase stainless steel prices by 3%);
CTRN -2.7% (reported Feb same store sales); ARO -2.6%
(reported Feb same store sales); HOTT -2.6% (reported Feb same
store sales).
Forget Newmont! Go for Gold With ETFs
by Dimitra DeFotis
Thanks to escalating expenses,
gold-mining companies can be lousy investments even as
the price of the yellow metal rises. Might be better to
play the metal more directly through an index fund.
• CHARTING THE MARKET TODAY
4:58 p.m.
• GETTING TECHNICAL
4:01 p.m.
• INVESTORS' SOAPBOX PM
3:37 p.m.
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