January 2011 Blog Posts (9)

Gapping down

 

In reaction to disappointing earnings/guidance: WWE -11.1%,  RSH -8.2% (also announced that Julian Day plans to retire as chairman, chief executive officer), PHG -6.2%, RKT -5.1% (also announced plans to acquire Smurfit-Stone; aggregate consideration valued at $35 per share),MCD -1.7%, .

M&A news: SRX +-4% (UK Telegraph story saying Serco is no longer in talks to buy the company).

Select financial related names showing weakness: LYG -3.9%, IRE…

S&P futures vs fair value: +1.80. Nasdaq futures vs fair value: +5.50.

Domestic stock futures have made a minor tick higher, but overseas action remains mixed. Germany's DAX is down 0.5% at the moment. Siemens (SI) has offered some support, but its effort has been undermined by weakness in Thyssenkrupp, K+S AG, and Volkswagen. Shares of Volkswagen shed more than 9% on the DAX last week and are now down another 2% this session. According to data, Germany's Manufacturing…

Early Floor Talk: Slight bid to start the week



U.S. equity futures are showing a slight bid, with S&P futures +2 vs. fair value and DJ futures +14. The subdued futures trade follows a mixed overseas performance, with fluctuations in Europe at mid-day (FTSE +0.3%, DAX -0.5%, CAC flat) after a mixed start to the week in Asia (Nikkei +0.70%, Hang Seng -0.3%, Shanghai -0.7%). While the overnight session was relatively quiet in terms of major news items, in Europe, weaker earnings…

NFLX Netflix earnings preview; look for FQ4 EPS beat; F2011 EPS guidance to depend entirely on marketing expense - Caris (182.09 )

Caris notes, similar to NFLX's FQ2 call last July, it's not expecting upside to top line consensus, as the trend towards trading down to the $9.99/month and $7.99/month (streaming only) pricing iterations remained in full force during the December quarter. However, as firm stated…

ALXA Alexza Pharma says British Journal of Psychiatry

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 Reply |Mario Marciano

show details 6:50 AM (36 minutes ago)

 

 

 

  ALXA Alexza Pharma says British Journal of Psychiatry publishes results from Phase 3 study of Alexza's AZ-004 for the treatment of agitation in patients with schizophrenia (1.31 )

 

Co announces that the British Journal of Psychiatry, a publication of the Royal College of Psychiatrists, has published the results…

GOOG Google: Argus reviews Q4 results and mgmt changes (611.83 )



Argus expects Google to benefit from the increased desire of advertisers for measurable ROI as the internet advertising market continues its overall recovery. It notes that paid clicks have remained strong on both Google's own websites and within partner sites, with an aggregate 18% year-over-year increase in 4Q10. The co is ramping up hiring and making acquisitions in order to expand on its core internet search…

Asian Markets Close: Nikkei +0.7%, Hang Seng -0.3%, Shanghai -0.7%, Sensex +0

The major Asian indices closed mixed as inflation fears continue to weigh on shares across the region. Reports indicate the People's Bank of China injected CNY 300 bln into the system through repo transactions to help alleviate liquidity concerns at Chinese banks as citizens demand cash for the lunar New Year. Indian shares rose following strong earnings from the banking sector. Looking at the…