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Benzinga’s Volume Movers (SCMR, PSSI, ITRI, IRBT)
Thursday, July 29, 2010 - 2:08pm | 167Sycamore Networks, Inc (NASDAQ: SCMR) shares gained 9.05% to $22.42 at 12:04 pm. The volume of SCMR shares traded was 457% higher than normal. Credit Suisse has raised its rating on the company to “outperform” from “neutral.” PSS World Medical Inc (NASDAQ: PSSI) shares jumped 4.54% to $19.10. The...
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ABC Is Well-Levered To The Generic Wave
Wednesday, July 28, 2010 - 8:51am | 183Analysts at Goldman Sachs reiterate their "buy" rating on AmerisourceBergen Corp (NYSE: ABC), while reducing their estimates for the company. The target price for ABC is set to $39. Goldman Sachs says, “Post AmerisourceBergen’s F’3Q2010 earnings call and weakness today, we remain buyers of shares....
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Puts Purchased on McKesson Corp. (MCK)
Tuesday, July 27, 2010 - 1:41pm | 110Shares of McKesson Corp. (NYSE: MCK) are lower on the session by 2.12%, currently trading at $64.69. The stock has been moving largely higher over the past six months, though it has broken down through the 50-day moving average as of late. Options traders are buying puts on the name today. Though...
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Puts Purchased on PSS World Medical (PSSI)
Tuesday, July 27, 2010 - 1:21pm | 122Shares of PSS World Medical Inc. (NASDAQ: PSSI) are lower on the session by 0.79%, currently trading at $18.90. The stock has been moving largely lower over the past three months, though is now trading near support at $18.50. Options traders are buying puts on the name today. The August $17.50 put...
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AmerisourceBergen Posts Better-Than-Expected Q3 Results
Tuesday, July 27, 2010 - 6:15am | 73AmerisourceBergen Corp (NYSE: ABC) reports its Q3 EPS at $0.57, beating the consensus of $0.49. ABC reports its Q3 revenue at $19.6 billion versus the Street view of $19.34 billion. AmerisourceBergen projects its EPS for the fourth quarter at $0.44-$0.48, as compared to the consensus of $0.48. ABC’...
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Calls Purchased on Cardinal Health (CAH)
Friday, July 23, 2010 - 12:01pm | 125Shares of Cardinal Health Inc. (NYSE: CAH) are higher on the session by 0.51%, currently trading at $33.43. The stock has been gyrating higher over the past six months. Options traders are buying calls on the name today (for a second day in a row), betting that the stock can rally from here. The...
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Top Narrow Based Indexes For July 23 (IDI, NXTM, MCK)
Friday, July 23, 2010 - 11:21am | 204By 12:03 pm, the Dow Jones Industrial Average was up 12.03 points, or 0.12%, to 10,334.33, and the broader Standard & Poor's 500 index had gained 0.25 points, or 0.02%. The NASDAQ composite index, however, fell 3.61 points, or 0.16%. Some of the narrow based indices supporting the markets are...
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Top Performing Industries For July 23 (EDMC, JRN, SMS, SAB)
Friday, July 23, 2010 - 10:52am | 214At 11:14 am, the Dow gained 0.12% to 10,334.86, while the broader Standard & Poor's 500 index moved down 0.01% to 1,093.52 and the NASDAQ composite index fell 0.19% to 2,241.64. The industries that are driving the market today are: Education & Training Services: This industry jumped 6.81%...
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Calls Purchased on Cardinal Health (CAH)
Friday, July 23, 2010 - 9:30am | 130Shares of Cardinal Health Inc. (NYSE: CAH) are lower on the session by 0.18%, currently trading at $33.20. The stock has been moving largely sideways for the past six months, but is currently below both the 50-day and 20-day moving averages. Options traders are buying calls on the name today,...
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Puts Sold on PSS World Medical (PSSI)
Wednesday, July 21, 2010 - 1:28pm | 140Shares of PSS World Medical Inc. (NASDAQ: PSSI) are lower on the session by 4.07%, currently trading at $18.85. The stock has been trending lower over the past three months, but is now nearing support at $18.50. Options traders are selling puts on the name today, betting that the stock may be at a...
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Puts Purchased on PSS World Medical (PSSI)
Thursday, July 15, 2010 - 9:34am | 132Shares of PSS World Medical Inc. (NASDAQ: PSSI) are higher on the session by 0.43%, currently trading at $21.12. The stock has been trading largely lower over the past three months; historical support does not come into play until the $18.50 level. Options traders are buying puts on the name today...
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Puts Sold on Cardinal Health (CAH)
Tuesday, July 13, 2010 - 11:40am | 132Shares of Cardinal Health Inc. (NYSE: CAH) are higher on the session by 2.58%, currently trading at $35.32. The stock has been trading largely lower over the past three months, but has rallied and initiated a new, technical bull trend as of late. Options traders are echoing the bullish sentiment...
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Zacks Industry Outlook Highlights: McClatchy, The New York Times and Gannett - Press Releases
Wednesday, July 7, 2010 - 7:40am | 839For Immediate Release Chicago, IL – July 7, 2010 – Today, Zacks Equity Research discusses the Publishing Industry, including The McClatchy Company (MNI), The New York Times Company (NYT) and Gannett Co. Inc. (GCI). A synopsis of today’s Industry Outlook is presented below. The full article can be...
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Publishing Industry Review and Outlook - July 2010 - Zacks Analyst Interviews
Tuesday, July 6, 2010 - 3:03pm | 1754The publishing industry has long been grappling with sinking advertising revenue, and the recent global economic meltdown has worsened the situation. This comes in the wake of a longer-term secular decline as more readers choose to get news free online, thereby making the print-advertising model...
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Publishing Industry Review and Outlook - July 2010 - Industry Outlook
Tuesday, July 6, 2010 - 3:03pm | 1754The publishing industry has long been grappling with sinking advertising revenue, and the recent global economic meltdown has worsened the situation. This comes in the wake of a longer-term secular decline as more readers choose to get news free online, thereby making the print-advertising model...