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Earnings Scheduled For June 29
Wednesday, June 29, 2011 - 12:49am | 304Family Dollar Stores Inc (NYSE: FDO) is projected to post its Q3 earnings at $0.95 per share on revenue of $2.17 billion. Acuity Brands Inc (NYSE: AYI) is estimated to report its Q3 EPS at $0.63 on revenue of $447.59 million. General Mills (NYSE: GIS) is expected to report its Q4 EPS at $0.52 on...
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Mad Money Lightning Round: Cramer Likes Cheesecake Factory
Wednesday, June 29, 2011 - 12:40am | 325On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he “really likes Cheesecake Factory (NASDAQ: CAKE).” He added, “It's a well run company and I'm a buyer." He said that Ezcorp (NASDAQ: EZPW) is “part of the expanding lower class theme. It fits into my dollar store thesis and I...
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Money Needs a Home 06-28-2011
Tuesday, June 28, 2011 - 6:32pm | 987Cusick's Corner While riots were going on in the streets of Athens, the market keep chugging along. Three of the four offensive sectors, XLI, XLK, XLY, were outperforming the major benchmark, S&P 500. The dollar, bonds and volatility all pulled back. There is now a lot of money that is in...
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Spreadtrum Communications
Tuesday, June 28, 2011 - 6:19pm | 23Spreadtrum Communications (SPRD) plunged 34% before rebounding to end down only 3.5% after short seller Muddy Waters accused the Chinese chipmaker of misstating its finances.
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Benzinga's After Hours Decliners
Tuesday, June 28, 2011 - 6:07pm | 110Among the stocks that have lost ground in Tuesday's after hours trading session are TIBCO Software (NASDAQ: TIBX), Cumberland Pharmaceuticals (NASDAQ: CPIX), The Shaw Group (NYSE: SHAW) and Fairchild Semiconductor (NYSE: FCS). The Shaw Group (SHAW) has lost more than 12% to $28.31 after a...
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Benzinga's After Hours Gainers
Tuesday, June 28, 2011 - 5:53pm | 165Among the stocks that are moving higher in the after hours session on Tuesday are Sealy Corp. (NYSE: ZZ), Bank of America (NYSE: BAC), Celanese Corp. (NYSE: CE) and Janus Capital Group (NYSE: JNS), Cirrus Logic (NASDAQ: CRUS), and Glu Mobile (NASDAQ: GLUU). Sealy (ZZ) has jumped 6.40% to $2.66...
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New XPOUND 06-28-2011
Tuesday, June 28, 2011 - 2:47pm | 949Cusick's Corner We have a new XPOUND Design, making the newsletter easier to read both online or on your smart phone. One new design feature allows you to check on the risk/reward ratio of a strategy mentioned in XPOUND by clicking on the "Analyze this Trade" link to help you gain quick access to...
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Spreadtrum Communications Now Trading Higher After MuddyWatersResearch Press Release
Tuesday, June 28, 2011 - 1:12pm | 49Muddy Waters Research posted a negative research report on Spreadtrum Communications (NASDAQ: SPRD) earlier today. The report can be found at this Benzinga link from 11:25am. Morgan Stanley subsequently defended the company.
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Spreadtrum Communications Back To Unchanged
Tuesday, June 28, 2011 - 1:10pm | 79Spreadtrum Communications, Inc (NASDAQ: SPRD) shares are now back to unchanged, despite being down nearly 30% earlier in the session after Muddy Waters came out with a negative research report on the company. Over 26 million shares have been traded today, which is thirteen times the average daily...
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Solar Stocks Heat Up
Tuesday, June 28, 2011 - 12:41pm | 184As the markets catch their second up day in a row, solar stocks are pressing higher. This move in solar is most likely related to the bounce in oil. Always remember, when oil gets more expensive, more consumers will turn to alternate energy. Therefore, alternate energy stocks usually trade with the...
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Spreadtrum Communications Off Lows As Banks Defend Name
Tuesday, June 28, 2011 - 12:24pm | 68Spreadtrum Communications, Inc (NASDAQ: SPRD) shares are well off their lows, down some 10% as Wall Street banks are defending the name. Earlier today, Muddy Waters put out a negative report on the company and shares plunged on the news. At last check, shares were off $1.30 to $11.65, a loss of...
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Daytraders: Huge Moves In Spreadtrum Communications
Tuesday, June 28, 2011 - 12:19pm | 538Daytraders that haven't already pulled up Spreadtrum Communications (NASDAQ: SPRD) may want to do so - the best daytrading catalyst in the market right now (a report from Muddy Waters) has sent the volatility in this stock through the stratosphere. The shares are currently down 18%, but have...
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Green Energy Stocks Trading Alert; Evergreen Solar, Inc., Energy Conversion Devices, Inc.
Tuesday, June 28, 2011 - 12:07pm | 1010Point Roberts WA - June 28, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for 27th June and profiles wind company, Juhl Wind Inc. (OTCBB: JUHL) for green investors. SunPower...
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Spreadtrum Trading Down Over 25% Despite Jefferies Rating
Tuesday, June 28, 2011 - 11:40am | 92It is looking as though Jefferies & Company picked the wrong day to release a bullish report on Speadtrum Communications (NASDAQ: SPRD). The company is currently trading nearly 25% lower after short seller Muddy Waters raised some concerns regarding the company. Muddy Waters recently gained...
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Micron Selected to Help Alcatel-Lucent Accelerate Information Sharing Across Global Broadband Networks
Tuesday, June 28, 2011 - 11:05am | 166To meet the rising global demand for information from across the Internet, Micron Technology, Inc. (Nasdaq: MU), today announced that Alcatel-Lucent has chosen Micron's third-generation reduced latency DRAM (RLDRAM 3 memory) to drive Alcatel-Lucent's next generation of network offerings. A leader...