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TOP FINANCIAL NEWS
Chinese yuan breaks through key level
Oil hits record high after US inventories
BUSINESS
NEWS
American Airlines cancels 1,000 flights
YHOO -0.11% (MSFT says YHOO-GOOG deal would hurt competition; says
deal would consolidate 90% of search ad mkt -- Bloomberg); MW +4.9%
(reaffirms Q1 EPS guidance of $0.20-0.24 vs $0.22 consensus); TX +3.7%
(comments on recent developments in Venezuela)
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Companies moving in
after hours trading in reaction to earnings
Trading Up
APOG +9.9%; LNDC +1.8%...
Trading Down
CBK +10.0%; BBBY -5.7%; WDFC -3.7%...
Companies moving in after hours trading in
reaction to news
Trading Up
LOOK +9.8% (guides Q1 revs to
$17.4-$17.7 mln vs $15.03 mln First Call
consensus); MW
+4.9% (reaffirms Q1 EPS guidance of
$0.20-0.24 vs $0.22 consensus); NDN +4.8%
(reports Q4 revs of $290.7 mln vs $294.8 mln
consensus; reports an increase in same-store
sales of 1.5%); HOTT +4.6% (reports March
comparable sales of -3.5%);
TX +3.7%
(comments on recent developments in
Venezuela); HOKU +2.9% (subsidiary Hoku
Materials announces amendments to
polysilicon plant engineering and
construction contracts); ZUMZ +2.8% (reports
Mar same store sales -3.0%); IUSA +1.3%
(guides Q1 EPS; sees Q1 and FY08 revs above
consensus); RGR +1.1% (product safety
warning and recall notice of SR9 pistol);
PAC +1.0% (reports passenger traffic of
+9.1% for March); MTG +1.2% (discloses that
it has sold $390 mln in debentures as buyers
exercise option)...
Trading Down
SMCI -10.8% (Q3 EPS of $0.14-0.16
vs $0.19 First Call consensus; revs of
$136.5-137 mln vs $139.00 mln First Call
consensus); VMED -2.6% (to offer $1 bln
convertible senior notes due 2016 to repay a
portion of senior credit); EURX -2.2%
(receives a notice of allowance for U.S.
patent application covering Amrix); RDC
-1.8% (says it hasn't gotten any approaches
regarding buy of company -- Bloomberg); EDAP
-1.0% (announces a research cooperation with
Epitarget AS); YHOO
-0.11% (MSFT says YHOO-GOOG deal would hurt
competition; says deal would consolidate 90%
of search ad mkt -- Bloomberg). |
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Earnings
Before:
CHINA,
CAO, FCSX, FRPT, IART, KKD, PIR, RSTO, RAD, WCG
During: CBSH
After: DNA, INTV, NINE, RVI, PAY
Events
DNR
Analyst Meeting & Field Trip
EMKR
Analyst Day in
Albuquerque
HME,
HPT,
AEC,
HCP,
HRP,
IRC at Credit Suisse Group
Global Real Estate Conf
NVDA Analyst
Meeting
PVA at Howard Weil
Energy Conf.


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