-
Benzinga’s Top Pre-Market Losers (FLEX, AZN, POT, QCOM, ABFS, TTEK)
Thursday, January 28, 2010 - 9:54am | 435Flextronics International Ltd. (NASDAQ: FLEX) decreased $0.30 or 4.23% to $6.80 in the pre-market session. Flextronics reported yesterday a third quarter net profit of $93 million, or $0.11 per share, as compared to $20 million, or $0.02 per share, for the same quarter last year. The 52-week...
-
Celestica Inc. (CLS) Beats EPS Expectations For Q4
Thursday, January 28, 2010 - 9:43am | 104Analysts at Scotia Capital have released an update on Celestica Inc. (NYSE: CLS). Celestica reported results for the fourth quarter yesterday. Celestica has made an accounting change by excluding stock based compensation from its adjusted EPS. The company reported revenue of $1.66 billion which...
-
Mercury Computer Systems (MRCY) Sets 52 Week High
Wednesday, January 27, 2010 - 4:03pm | 159On a day that saw many tech stocks falling, the shares of Mercury Computer Systems Inc. (NASDAQ: MRCY) have jumped more than 10%. Investors received good news when Boenning & Scattergood analysts maintained their Outperform rating for the company, which designs, manufactures and markets high-...
-
Stocks That Created New 52-Week Highs (BBNK, CACC, KTCC, LCUT, SANM)
Wednesday, January 27, 2010 - 3:35pm | 307Bridge Capital Holdings (NASDAQ: BBNK) shares created a new 52-week high of $7.48, before falling to $7.46, reflecting a 0.13% increase. BBNK is scheduled to post results tomorrow. Read more about this company here. Credit Acceptance Corporation (NASDAQ: CACC) shares jumped 5.60% to create a new...
-
Market Round-up (CTS, RRC, BHI, EOG, NBR, BA, BBT)
Wednesday, January 27, 2010 - 3:18pm | 273The Wall Street Journal reported that according to CTS Corporation (NYSE: CTS), the company had no knowledge of issues faced by Toyota Motor (NYSE: TM). Energy sector advisor Elliott Gue finds four favorites in natural gas: EOG Resources (NYSE: EOG), Range Resources (NYSE: RRC), Nabors Industries...
-
Sanmina SCI Corp.(SANM) Heading Towards $15 Following Its Breakout
Wednesday, January 27, 2010 - 12:06pm | 92Sanmina SCI Corp. (NASDAQ: SANM) climbed more than 14.4% on Wednesday morning, after the electronics contract manufacturer reported a sharp rise in profit late on Tuesday. The gap-up opening of Sanmina SCI Corp. (SANM) on Wednesday has helped the stock breach above its 20 day MA with high volumes....
-
Lightening Round: Time To Sell Berkshire Hathaway (BRK.B, AONE, THS, PAR, SVU, AMAT, FLEX, SRE, MO, KSU, NICE, GLD, SLW)
Wednesday, January 27, 2010 - 11:05am | 320In his “Lightening Round”, Jim Cramer says that it is best to sell Berkshire Hathaway (NYSE: BRK.B), after the stock spiked on being added to the S&P. Cramer asks investors to wait for a dip. He also advices against buying A123 (NASDAQ: AONE). Jim advises investors against buying into 3Par (...
-
Benzinga’s Top Pre-Market Gainers (YHOO, ALTR, SANM, KTCC, GILD, SIFY)
Wednesday, January 27, 2010 - 9:14am | 385Yahoo! Inc. (NASDAQ: YHOO) increased 3.19% to $16.50 in the pre-market session. Yahoo! Inc. reported yesterday a fourth quarter GAAP net income of $153 million or $0.11 per share, as compared to a loss of $303 million or $0.22 per share for the same quarter last year. The 52-week trading range for...
-
Tyco (TEL) Profit Jump Beats Expectations
Wednesday, January 27, 2010 - 9:09am | 111Tyco Electronics’ (NYSE: TEL) quarterly profit showed a greater-than-expected increase owing to increased purchases by clients to restock their inventories. First-quarter earnings for Tyco tripled on y-o-y basis to $269 million from $83 million, i.e. to 37 cents a share from 7 cents. Net sales...
-
PLXS Announces Strong F1Q Results and F2Q Guidance
Tuesday, January 26, 2010 - 12:58pm | 110Analysts at Credit Suisse upgrade Plexus Corporation (NASDAQ: PLXS) from "neutral" to "outperform." The target price for PLXS has been raised $27 to $42. According to Credit Suisse, the revenue and EPS upside reflected in Plexus' FQ2 guidance implies an improvement in demand, along with new program...
-
Bright Outlook for CLS in the Near and Longer Term
Tuesday, January 26, 2010 - 12:54pm | 131Analysts at Credit Suisse upgrade Celestica Inc (NYSE: CLS) from "neutral" to "outperform." The target price for CLS has been raised from $9.50 to $11.50. According to Credit Suisse, the upgrade in the rating is based on the improving near-term and longer-term business trends. Recent checks suggest...
-
Benzinga’s Volume Movers (MNTA, ISRG, TRGL, IPGP, JCOM)
Friday, January 22, 2010 - 3:53pm | 270Momenta Pharmaceuticals Inc (NASDAQ: MNTA) shares gained 10.36% to $14.81. The volume of MNTA shares traded was 590% higher than normal. MNTA’s partner Novartis (NYSE: NVS) has said that it is on track with its generic Lovenox. Read more about this company here. Intuitive Surgical Inc (NASDAQ:...
-
Benzinga’s Volume Movers (PLXS, EBAY, TRGL, FITB, STX)
Thursday, January 21, 2010 - 3:28pm | 288Plexus Corp (NASDAQ: PLXS) shares jumped 12.18% to $32.51. The volume of PLXS shares traded was 974% higher than normal. PLXS’ profits for the latest quarter exceeded forecasts and the company gave impressive guidance for Q2. In addition, PLXS will produce the "behind the service counter" version...
-
Benzinga’s Top Upgrades (PLXS, FFIV, LOGI, NWSA, CLWR)
Thursday, January 21, 2010 - 10:20am | 276Plexus Corp. (NASDAQ: PLXS) was upgraded today by Needham from Hold to Buy with a price target of $38. Plexus is now trading at $31.11, 7.35% up in the pre-market session. PLXS closed at $28.98 in the previous trading session. In the last year, PLXS has gained over 85%. F5 Networks, Inc. (NASDAQ...
-
Tuesday's High Volume Selloffs - FORM, ERTS, DTSI, MFLX
Wednesday, January 13, 2010 - 12:59am | 133Taking big losses over the span of one day is survivable. Taking big losses on high volume, however, may be a problem.... pointing to a major shift in the market's underlying opinion of a stock. Here are Tuesday's losers with selloffs made on much higher than average volume. Multi-Fineline...