Ken flagg's Blog Posts Tagged 'a' (63)

 that will extend the current 28-day sales-only window to 56 days for Theatrical New Release and made-for-video titles on DVD and Blu-ray Disc (95.54 -2.64)

 "Since we implemented a 28-day window for subscription and kiosk, we have seen very positive results with regard to our sell-through business," said Mark Horak, president, Warner Home Video North America. "One of the key initiatives for Warner Bros.…

 Auriga initiates FSLR with a Buy and price target of $157 saying the co is the solar PV industry's low cost leader with a flexible business model targeted at the solar module and solar power project markets. They believe First Solar's efficient manufacturing, solid operational track record, and strong balance sheet positions it better than its peers to weather the continued ASP pressure across the solar PV value chain.…

   In reaction to strong earnings/guidance: ADTN +10.3% (ticking higher).

M&A news: TRH +10.2% (Validus announces superior proposal for combination with co for total consideration of $55.95 per share ), KCI +5.1% (to be acquired by Consortium Including Apax Partners, CPPIB and PSP Investments for $68.50 per share).

Select financial related names showing…

Futures are slightly higher (S&P futures +2 vs. fair value; DJ futures +30), but are likely to see volatility around the release of the June Employment Report at 8:30 ET. Expectations are that Nonfarm Payrolls will increase by 80K and that the Unemployment Rate will remain at 9.1%. Yesterday's better-than-expected ADP report bolstered expectations for today's data and the S&P is now up 6.7% over the past eight trading sessions, so even a good employment…

The market has put together a very strong bounce this week, gaining 4% from last Friday's close amid four consecutive days of strength. Futures are closing the week out flat this morning (S&P futures unchanged vs. fair value; DJ futures +14), ahead of a long holiday weekend (U.S. markets are closed on Monday for the 4th of July). Overnight, overseas markets saw a mixed performance amid relatively lackluster trading.…

 Natural Gas (UNG) & Silver (SLV) lead a weaker CRB Index at midday; Food & Agriculture components (JJA, JJG) decline

CRB Index @ 345.63 -2.98 (-0.85%)           

Natural gas futures (UNG) surge on forecasts calling for above-average temps in the Eastern U.S., increasing demand for air conditioning; Positive IEA comments on long-term usage also spurs…

 Macau Gaming Inspection and Coordination Bureau reports May gross rev +42.4% YoY to record 24.31 bln patacas (~$3.04 bln), vs. +94% in May 2010, +45% in April and +48% in March of 2011. This is the 5th new all-time record in the last 6 months... Casino stocks with exposure to Macau: MPEL, AERL -- pure plays, WYNN ~69% of Q1 net rev and ~67% of Q1 adj. EBITDA, LVS ~55% of Q1 net rev and ~51% of Q4 adj. EBITDA, MGM; ETF: BJK.…

 and European markets higher in afternoon trade. Japan's Nikkei shrugged off Moody's placing the country's local and foreign currency bond ratings on review for a possible downgrade, adding 2.0% on expectations that industrial orders will rise sharply in the coming months. Exporters were among the biggest gainers, benefitting from a weaker yen, as Canon added 1.4%. Embattled Tokyo Electric Power fell 1.3% after receiving two downgrades from S&P. Shares in…

Geron comments on a ruling from the European Patent Office with regard to its European patent 084139, and the issuance of a second Geron patent covering telomerase peptides, EP1783139 (4.88 +0.03)

"We understood the basis for the decision of the Opposition Division in 2006 and indicated at that time that we would file a divisional patent application to secure equivalent claim coverage... We have been…

TZOO is trading ~11% lower today following a report out last night that Facebook will be entering the daily deals space, an emerging market popularized by Groupon. According to a NY Times article (link here) out last night, Facebook is launching its deals product in 5 cities today. There has been many firms entering this business on the success seen from Groupon…