Wednesday, March 27, 2013

Morning movers

Potentially weak open today.
Stocks on watch this morning

$CHTP pr, $TPLM upgrade, $OXGN pr, $MITK, $CBMX, $MRIN recent IPO,
$APPY pr, $EXTR  potential snap back pr, $TROV pr, $NTWK,  $CPRX Pr, $HEK, $PLG,$VELT possible bounce play on pr




Seeking Alpha
Today's Markets:
In Asia, Japan +0.2% to 12494. Hong Kong +0.7% to 22465. China +0.2% to 2,301.26. India +0.1% to 18705.
In Europe, at midday, London -0.5%. Paris -1.5%. Frankfurt -0.8%.
Futures at 7:00: Dow -0.3%. S&P -0.4%. Nasdaq -0.3%. Crude -0.5% to $95.82. Gold -0.2% to $1594.50.

Today's economic calendar:
7:00 MBA Mortgage Applications
10:00 Pending Home Sales
10:30 EIA Petroleum Inventories
11:30 Fed’s Rosengren: Economic Outlook
1:00 PM Fed's Kocherlakota: 'Improving the Outlook with Better Monetary Policy'
1:00 PM Results of $35B, 5-Year Note Auction
3:00 PM USDA Ag. Prices

Notable earnings before today's open: LNN

Notable earnings after today's close: FIVE, PAYX, PVH, RHT, XONE

Briefing.com


Gapping up                                                                    

In reaction to strong earnings/guidance: CHCI +36.8%, ENVI +7.1%, DOVR +6.3%  
(thinly traded), SAI +4.2% (also reports special cash dividend of $1.00 per   
share payable on June 28, 2013).                                              

M&A news: UTSI +27.1% (Shah Capital Management filed amended 13D; disclosed   
offer $3.20 in cash per Ordinary Share).                                      

Other news: APPY +5.3% (Venaxis advances pivotal U.S. Study and accelerates   
European market development for APPY1 Blood-based Appendicitis Test), DSX     
+4.1% and NAT +2.1% (positive mention on MadMoney), CPRX +3.9% (thinly traded,
Announces Recommendation of Data Monitoring Committee for Pivotal Phase lll   
Clinical Trial for Firdapse).                                                 

Analyst comments: PCG +2.4% ( upgraded to Outperform from Mkt Perform at      
Bernstein), VPHM +1.5% (upgraded to Overweight from Neutral at JP Morgan),    
VVUS +0.6% (Hearing positive comments at Lazard following financing deal; sees
as potentially unencumbered acquisition candidate) 


Today's Upgrades:
CompanyTickerBrokerage Firm
Buffalo Wild WingsBWLDFeltl & Co.
General MillsGISArgus
Portugal TelecomPTCredit Suisse
LVMHLVMUYBofA/Merrill
PG&EPCGBernstein
Sykes EnterprisesSYKEWells Fargo
Mattress FirmMFRMRaymond James
GOL Linhas Areas Inteligentes S.A.GOLRaymond James
Genomic HealthGHDXLeerink Swann
DSWDSWCitigroup
ViroPharmaVPHMJP Morgan
Capital Product PartnersCPLPBofA/Merrill
Banco BradescoBBDBofA/Merrill
Cliffs Natural ResourcesCLFGoldman
VMwareVMWISI Group
Today's Downgrades:
CompanyTickerBrokerage Firm
Focus MediaFMCNCredit Agricole
Obagi MedicalOMPIROTH Capital
Enphase EnergyENPHRaymond James
Apollo GroupAPOLWells Fargo
Charles RiverCRLWells Fargo
Cliffs Natural ResourcesCLFMorgan Stanley
Western Alliance BancorpWALKeefe Bruyette
SyngentaSYTHSBC Securities
                           

No comments:

Post a Comment