Ken flagg's Blog – May 2011 Archive (100)

 DJ futures +94 vs. fair value), following strong gains in overseas markets on reports that a new bailout plan is in the works for Greece.

European markets are up firmly at their mid-day (FTSE +1.0%, DAX +2.0%, CAC +1.6%) on reports that Germany is drafting an additional bailout plan for Greece. The new plan is said to avoid a total restructuring of Greek debt with the new terms set to be announced by the end of…

 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…

JOE McDONALD - AP - Sun May 29, 9:55PM CDT

In this Friday May 27, 2011, photo, a computer screen display various furniture items with selling price while Chinese shop inside the newly opened Taobao Mall in Beijing, China. China's...

Related Stocks

 YHOO - Yahoo! Inc.…

 guides Q2 EPS in-line; guides FY12 EPS above consensus (28.60 +0.22) 

 Reports Q1 (Apr) earnings of $0.38 per share, $0.09 better than the Thomson Reuters consensus of $0.29; revenues rose 25.6% year/year to $172.9 mln vs the $166.4 mln consensus. Co issues in-line guidance for Q2, sees EPS of 0.30-0.32 vs. $0.31 Thomson Reuters consensus; expects same store sales to increase in the low single digits. Co issues…

 Reports Q1 (Apr) earnings of $0.38 per share, $0.02 better than the Thomson Reuters consensus of $0.36; revenues rose 5.2% year/year to $117.7 mln vs the $120.5 mln consensus. Co issues downside guidance for Q2, sees EPS of $0.10-0.11 vs. $0.20 Thomson Reuters consensus; sees Q2 revs of $116-117 mln vs. $123.37 mln Thomson Reuters consensus. Co lowers guidance for FY12, sees EPS of $1.18-1.23 vs. $1.34 Thomson Reuters consensus, down from $1.30-1.35; sees FY12…

SMF Notes Early Floor Talk: Modest weakness ahead of data

Equity futures are modestly lower this morning, with S&P futures -2 vs. fair value and DJ futures -23. Overseas markets were mixed overnight, but European stocks are well off their lows.

In Asia, stocks were generally weaker/flat after Japanese trade data showed the first April deficit in 31 years…

Stocks ended the day with modest losses after a half-hearted attempt to rebound from the prior session's drop failed in the early going. The decline keeps stocks at monthly lows... Traders showed some buying interest this morning as markets abroad steadied and the dollar drifted lower. However, their lack of conviction quickly became apparent when they failed to defend early gains as stocks began to lose direction and then drift lower... Most of the major…

Take-Two beats by $0.21, beats on revs; guides Q1 EPS below consensus, revs above consensus; guides FY12 EPS, revs below consensus (16.10 -0.35)

Reports Q4 (Mar) loss of $0.18 per share, excluding non-recurring items, $0.21 better than the Thomson Reuters consensus of ($0.39); revenues fell 21.8% year/year to $182.3 mln vs the $147.8 mln consensus. Co issues mixed guidance for Q1, sees EPS of $0.00-0.10,…

•GERN Jan12 6 calls (volume: 1430, open int: 80, implied vol: ~72%, prev day implied vol: 57%) -- co is scheduled to present Jun 6 at the Jefferies 2011 Global Healthcare Conference. Co is also expected to report earnings late July.

•FNSR Jun 26 calls are seeing interest ahead of earnings June 15 after the close (volume: 3460, open int: 1340, implied vol: ~70%, prev day implied vol: 67%)…

Biggest point gainers: AZO (292.81 +16.03), FPIC (41.50 +9.40), VRUS (106.53 +8.11), DSW (49.48 +6.29), CEO (233.93 +4.94), CRR (151.42 +4.87), ALX (384.77 +4.71), RL (132.29 +3.67), XIV (173.51 +3.35), CRM (148.49 +3.19), BTM (31.57 +3.15), PWRD (26.94 +2.99), APA (123.97 +2.91), GTLS (45.61 +2.84), RVI (21.52 +2.75), PXD (91.94 +2.72), EOG (106.87 +2.62), ESI (69.51 +2.58), CLF (86.99 +2.57), CXO (91.43 +2.57), OXY (101.51 +2.56), CJT (88.64 +2.44), WLL (65.39…

Following the prior session's precipitous drop, participants showed a willingness to wade back into the market this morning. However, the lack of conviction among buyers has been apparent... The major market averages opened in positive territory, but were unable to generate any kind of upward momentum in the early going. The lack of follow through buying comes in the face of a weaker dollar, which is currently down 0.3% against a basket of major foreign…

The following are today's most active stocks ranked by volume and relative volume, categorized by sectors (over $300 mln market cap and 100K average daily volume).

Today's top 20 volume

•Technology: S (78.54 mln +2.69%), LVLT (54.8 mln +6%), MSFT (24.59 mln +0.08%), INTC (23.11 mln -0.44%), CSCO (22.62 mln -0.37%), ALU (15.27 mln -0.8%), DELL (14.62 mln +0.45%),…

The following are today's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

Today's top 20 % gainers

•Technology: SQNS (13.76 +17.31%), TNE (19.02 +14.92%), PWRD (26.4 +10.23%), BTM (31.3 +10.13%), HSOL (5.4 +9.09%), CNTF (6.24 +8.9%), NZT (9.69 +7.79%), GLBC (32.35 +6.73%), DMD…

Commodities are trading higher except for a select few including natural gas (-0.3%), leah hogs (-0.6%).

Crude oil has been in positive territory all session. The energy component hit session highs of $99.97/barrel minutes ago and is now up 1.9% at $99.51/barrel.

Natural gas has been the laggard in the energy markets after it sold-off when pit trading began. During…