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Market Movers Update
Tuesday, July 26, 2011 - 9:43am | 227Winners: Sino-Forest (OTC: SNOFF) is trading up over 18.50%. Lexmark (NYSE: LXK) is trading up almost 18.50% after the company reported earnings. Sanmina-SCI (NASDAQ: SANM)is trading up over 17% after reporting earnings. Volterra Semiconductor (NASDAQ: VLTR) is trading up over 14% after reporting...
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Options Brief: Sanmina-SCI
Tuesday, July 26, 2011 - 9:17am | 95Shares of Sanmina-SCI (NASDAQ: SANM) are higher on the session by 18.76%, trading at $10.95. Overall put volume is now running at 10.26x the daily average, with 17% of all puts traded being purchases on the offer. 1,036 contracts have traded on the session so far. Sanmina-SCI Corporation is an...
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Collins Stewart Comments on Sanmina-SCI at the Quarter
Tuesday, July 26, 2011 - 8:58am | 167Collins Stewart has published a report on Sanmina-SCI Corp (NASDAQ: SANM). In the report, Collins Stewart wrote, "Good 3Q; Maintain Neutral & $12 PT; Looking for Consistency. Sanmina reported a nice qtr after a much lower than expected March F2Qwhich led to lowered numbers for FY11 (Sept). For...
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CTS Maintains FY2011 EPS Guidance of $0.70-0.75
Monday, July 25, 2011 - 3:37pm | 36CTS Corporation (NYSE: CTS) maintains its guidance of full-year 2011 sales increase in the range of 9% to 13% over 2010 and full-year 2011 earnings per diluted share in the range of $0.70 to $0.75.
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Companies Trading Higher After Releasing Earnings
Friday, July 22, 2011 - 10:11am | 81RSC Holdings (NYSE: RRR) is trading nearly 15% higher after reporting Q2 earnings. Advanced Micro Devices (NYSE: AMD) is trading over 14% higher after reporting Q2 Earnings after Thursday's close. Celestica (NYSE: CLS) is trading up over 9.60% after reporting earnings. Entegris (NASDAQ: ENTG) is...
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RF Industries Declares $0.25 Special Cash Dividend
Thursday, July 21, 2011 - 6:34am | 83RF Industries (NASDAQ: RFIL) announced today that its Board of Directors has declared a doubling of the Company's regular quarterly cash dividend from $0.025 per common share to $0.05 per common share. The regular quarterly cash dividend will be payable October 17, 2011 to shareholders of record on...
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KeyBanc Capital Markets Initiates Molex Coverage: Hold
Wednesday, July 20, 2011 - 12:44pm | 83KeyBanc Capital Markets initiated Molex (NASDAQ: MOLX) coverage with a Hold rating in a research report published today. In the report, KeyBanc Capital Markets states, "Over the long term, we believe MOLX will benefit from the combination of its improved operating model, healthy FCF generation,...
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Trimble to Acquire PeopleNet to Expand its Presence in Growing Transportation and Logistics Market
Wednesday, July 20, 2011 - 7:45am | 329Trimble (NASDAQ: TRMB) announced today that it has signed an agreement to acquire privately-held PeopleNet, a leading provider of integrated onboard computing and mobile communications systems for effective fleet management. PeopleNet provides fleets with software and hardware solutions that help...
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Top 4 Stocks In The Printed Circuit Boards Industry With The Highest Operating Margin
Wednesday, July 20, 2011 - 12:27am | 127Below are the top printed circuit boards stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Raven Industries Inc (NASDAQ: RAVN) is 19.26%. RAVN's PEG ratio is 1.47. The trailing-twelve-month operating margin at Park Electrochemical...
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Calls Purchased on Flextronics International
Tuesday, July 19, 2011 - 12:55pm | 108Shares of Flextronics International (NASDAQ: FLEX) are higher on the session by 2.52%, currently trading at $6.30. The stock has been moving largely lower over the past five months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short...
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Options Brief: Molex
Tuesday, July 19, 2011 - 11:49am | 87Shares of Molex (NASDAQ: MOLX) are higher on the session by 0.56%, trading at $24.21. Overall put volume is now running at 15.40x the daily average, with 64% of all puts traded being purchases on the offer. 2,510 contracts have traded on the session so far. Molex Incorporated is engaged in the...
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Tuesday's Put/Call Ratio Leaders
Tuesday, July 19, 2011 - 11:13am | 77Here are today's Put/Call Ratio leaders… 1. Molex Inc. (NASDAQ: MOLX) 2,510 puts, 75 calls 2. Thoratec Corp. (NASDAQ: THOR) 6,194 puts, 399 calls 3. Raytheon Co. (NYSE: RTN) 5,722 puts, 578 calls 4. Encana Corp. (NYSE: ECA) 2,787 puts, 307 calls 5. Cerner Corp. (NASDAQ: CERN) 2,652 puts, 294 calls...
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J.P. Morgan Comments On Flextronics
Tuesday, July 19, 2011 - 6:29am | 128J.P. Morgan has published a report on Flextronics (NASDAQ: FLEX) after the electronics manufacturer talked of acquiring a manufacturing facility. In the report, J.P. Morgan writes, "After the close Cisco Systems (Neutral, covered by Rod Hall) announced an agreement to sell its manufacturing...
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MEMC and its SunEdison Subsidiary Join Flextronics to Celebrate Creation of Approximately 400 New Jobs Supporting Solar Module Production
Monday, July 18, 2011 - 2:49pm | 433MEMC Electronic Materials, Inc. (NYSE: WFR), and SunEdison, its solar energy subsidiary, along with manufacturing partner Flextronics (NASDAQ: FLEX), today announced the creation of approximately 400 jobs to ramp production of MEMC solar panels being manufactured at Flextronics' facility in...
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Mercury Computer Systems Wins Contract to Supply Signal and Image Processing Capabilities for Multi-mode Radar Program
Thursday, July 14, 2011 - 3:29pm | 59Mercury Computer Systems, Inc. (NASDAQ: MRCY) confirmed that it has been awarded a contract from a global supplier of advanced communication and navigation solutions for an advanced signal and image processing engine. Mercury's technology will perform critical computationally-intensive functions in...