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Stocks For Wednesday, Nov. 8
CSCO SIRI TRLG DTV NSM
MBA Purchase Applications
7:00 ET
EIA Petroleum Status Report
10:30 ET
TOP FINANCIAL NEWS
NYMEX crude recovers $59 as OPEC mulls cuts
BUSINESS
NEWS
Trading Up
TRMS +29.3%; AIRM +13.7%;
RITA +12.7%; BITS +10.8%; IIG +10.1%; CECO
+6.7%; MFB +6.0%; SRSL +6.3%; ONXX +5.2%; SFLY
+4.6%; PAE +4.0%; DESC +3.7%; SNCR +3.5%; SRVY
+3.1%; BBBB +3.0%; BEXP +3.0%; COSI +2.6%; ALJ
+1.8%; EAGL +1.1%...
Trading Down
TRLG -22.6%; UBET -14.1%; APKT -13.4%; WSPI
-9.6%; AZPN -8.1%; NFI -3.3%; SNTS -3.2%; OSIS
-2.9%; BARE -2.9%; WPI -2.4%; WEL -2.3%; WPI
-2.4%; CRAY -2.1%; WYNN -1.8%; CTAC -1.4%; NSM
-1.3%; PEET 1.2%; LEAP -1.2%; AUY -1.0%...
Companies moving in reaction to news
Trading Up
MHGC +5.6% (announces equity partner for Hard Rock Hotel &
Casino Acquisition); NOVL +4.0% (discloses details of
Microsoft/Linux pact... Microsoft to make $240 mln upfront payment);
MRX +3.9% (and Dow Pharmaceutical Sciences Announce FDA Approval of
Ziana (Clindamycin Phosphate 1.2% and Tretinoin 0.025%) Gel); EXP
+3.1 (announces authorization for additional shares, raising its current
repurchase authorization to approximately 6 mln shares); CNVR
+3.0% (signs $3 mln in new government contracts); AA +1.2% (and
GCC/IBT reach labor agreement)...
Trading Down
UTSI -5.1% (announces voluntary review of equity grants); HOV
-3.6% (reports prelim results; co lowers FY06 EPS, ex-charges, in-line
with consensus); MNST -2.4% (to delay filing of its Form 10-Q);
GKIS -2.1% (recommends that shareholders reject the offer and not
tender their shares to Pilgrim's Pride).
Game Maker Activision Goes to Next Level
by Tiernan Ray
As shares of the videogame maker
drift under the cloud of a stock-options investigation,
buying call options may be a prudent way to play the
shares in anticipation of the next game cycle.
• CHARTING THE MARKET TODAY
4:49 p.m.
• ELECTRONIC Q&A
4:16 p.m.
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The World's Billionaires
Cherney on the Markets
By S&P technical analyst Paul
Cherney
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