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Stock Picks for Thursday March 31
Wednesday, March 30, 2011 - 4:14pm | 2090( click to enlarge ) Boise Inc. (NYSE:BZ) could move to the target zone at $9.35-$9.60. The positive outlook would be valid as long as the stock holds above the stop-loss level at $8.90. On daily chart, the technical indicators are supporting the bulls. MACD is positive and above the signal...
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Calls Purchased on Boise Inc. (BZ)
Monday, March 21, 2011 - 1:08pm | 131Shares of Boise Inc. (NYSE: BZ) are higher on the session by 0.81%, currently trading at $8.66. The stock has been moving largely higher over the past six months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
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RockTenn Announces Price Increase on Coated Recycled Paperboard Products
Tuesday, March 15, 2011 - 8:24am | 39RockTenn (NYSE: RKT) announces today a $40 per ton price increase on Classic NewsTM, AngelCote and MillMask coated recycled paperboard products. Price increases are effective with shipments on April 14, 2011.
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Morning Market Movers (LZ, KSP, CIGX, MPAC)
Monday, March 14, 2011 - 9:04am | 166Lubrizol Corporation (NYSE: LZ) jumped 27.23% to $134.15 at 10:00 am. Berkshire Hathaway Inc (NYSE: BRK-A) announced its plans to acquire 100% of outstanding shares of LZ for $135 per share in cash, representing a 28% premium over LZ's closing price on Friday. K-Sea Transportation Partners LP (...
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Bulls Have Conviction Going into Weekend 03-11-11
Friday, March 11, 2011 - 6:23pm | 778Cusick's Corner Nice bounce with authority. The After Hours were solid, trading with strong volume and wider scope. The bulls have the conviction coming into the weekend. All eyes will be on Asia, monitoring Japan, and any further activity in the Middle East. Have a good weekend. Stocks are...
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Puts Purchased on Temple-Inland Inc. (TIN)
Friday, March 11, 2011 - 10:41am | 133Shares of Temple-Inland Inc. (NYSE: TIN) are lower on the session by 1.12%, currently trading at $22.03. The stock has been moving largely lower over the past two months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Pullback in Commodities Takes Pressure Off 03-08-2011
Tuesday, March 8, 2011 - 6:21pm | 902Cusick's Corner Of the three major indices, the S&Ps finished the strongest, well off the 50-Day Moving Average. The NASDAQ was a different story, finishing well in the green but straddling that 50-Day Moving Average. The Semis (SMH) were not helping the cause, but weakness in this sector will...
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Market Stays Choppy 03-08-2011
Tuesday, March 8, 2011 - 3:57pm | 930Cusick's Corner The market continues to stay in this choppy range, so what's a potential strategy? Volatility is below 20, relatively low, and market sentiment, based on the AAII, is Neutral. A strategist who has cash and is looking to participate could review buying straddles/strangles or...
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Sonoco Announces a Surcharge on Tube and Core Shipments
Tuesday, March 8, 2011 - 2:44pm | 51Sonoco (NYSE: SON) today announced it will implement a surcharge on shipments of its paper-based tubes and cores beginning April 4, 2011. The fee is a direct result of escalating diesel costs, which have increased more than 40 percent over the past 12 months.
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Puts Purchased on Temple-Inland Inc. (TIN)
Tuesday, March 8, 2011 - 10:41am | 133Shares of Temple-Inland Inc. (NYSE: TIN) are higher on the session by 1.32%, currently trading at $22.97. The stock has been moving largely higher over the past six months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying puts on the name...
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Capital Looking for a Home 03-07-2011
Monday, March 7, 2011 - 6:23pm | 892Cusick's Corner The market held the lows and bounced into the After Hours, aided by lower crude and a selloff in the fixed income space. Capital needs a home and “Risk” assets are still the place to be. I have been professing protection over the last few weeks, but those who are long and want to...
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Options Brief: Temple-Inland Inc. (TIN)
Monday, March 7, 2011 - 3:22pm | 88Shares of Temple-Inland Inc. (NYSE: TIN) are lower on the session by 2.36%, trading at $22.71. Overall put volume is now running at 33.61x the daily average, with 47% of all puts traded being purchases on the offer. 10,857 contracts have traded on the session so far. Temple-Inland Inc....
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Jared's Market Commentary - Did I miss anything while I was gone?
Monday, March 7, 2011 - 8:43am | 924By Jared Rosenbaum Aloha ahiahi,So off I go on vacation and apparently the market decided this was a good time to make massive moves up and down every single day. Fortunately for me, the market opened at 4:30am here, which allowed me to watch most of the trading session before anybody was really...
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Citi Comments On Temple-Inland Inc Following Management Meetings
Monday, March 7, 2011 - 7:28am | 191Citi recently met with Temple Inland Inc. (NYSE: TIN) CEO Doyle Simons, COO Pat Maley, and CFO Randy Levy at the company's Austin headquarters. The meeting left us incrementally positive on containerboard, and provided additional detail on TIN's Box Plant Transformation 2 initiative and Building...
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J.P. Morgan Comments on Boise's Raising Estimates For Tharco
Thursday, March 3, 2011 - 9:53am | 117In a report published by J.P. Morgan, Boise's (NYSE: BZ) story is intact and it's raising estimates for Tharco. J.P. Morgan said that there is no change to its thesis on BZ following the 4Q results. “We continue to believe that the stock is flying under the radar, a function of its size, limited...