http://seekingalpha.com/currents/all SA Currents RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/currents/post/319561?source=feed 319561 Post your comment!]]> Wed, 16 May 2012 09:05:28 -0400 SeekingAlpha OSUR +30%. COGO +15%. SINA +12%. ABMD +9%. VELT +8%. FTR +6%.
Losers: CLNT -29%. JCP -15%. TAXI -9%. NBG -8%. ANF -7%. ARNA -6%. WHX -5%. KERX -5%. Post your comment!]]> http://seekingalpha.com/currents/post/319551?source=feed 319551 Post your comment!]]> Wed, 16 May 2012 09:05:25 -0400 SeekingAlpha upgrades Weatherford (WFT +2.8%) to "overweight" from "neutral," citing the oilfield services company strong presence in artificial lift services, for which there is high demand. However, JPM cuts Baker Hughes (BHI -0.7% to $40.67) to "neutral" from "overweight" and its price target to $50 from $53 on execution fears about the firm's revamp. Post your comment!]]> http://seekingalpha.com/currents/post/319541?source=feed 319541 Post your comment!]]> Wed, 16 May 2012 09:01:33 -0400 SeekingAlpha are to be avoided, says Deutsche's John-Paul Smith. Beijing, he argues, realizes it has lost control over regional governments that have built up huge debts by pursuing projects of dubious value. Policy is now focused on restoring discipline - as highlighted by the sacking of Bo Xilai. Post your comment!]]> http://seekingalpha.com/currents/post/319531?source=feed 319531 Post your comment!]]> Wed, 16 May 2012 09:00:33 -0400 SeekingAlpha On the hour: S&P +0.43%. 10-yr -0.21%. Euro +0.09% vs. dollar. Crude -1.49% to $92.58. Gold -1.12% to $1539.65. Post your comment!]]> http://seekingalpha.com/currents/post/319521?source=feed 319521 Post your comment!]]> Wed, 16 May 2012 08:59:42 -0400 SeekingAlpha PETD) -1.8% premarket after pricing its public offering of 6.5M shares at a 2.8% discount to its Tuesday closing price. The offering, intended in part to finance the purchase of assets in Colorado's Wattenberg oil and gas field, priced at $26.50/share. Post your comment!]]> http://seekingalpha.com/currents/post/319511?source=feed 319511 Post your comment!]]> Wed, 16 May 2012 08:55:48 -0400 SeekingAlpha caught the attention of advertisers at the annual industry conference to line up TV ads for next season's shows. One of the biggest players is Disney (DIS) with its ESPN Deportes Spanish-language sports network already drawing solid ratings, while execs at CBS, NWSA, CMCSA, DEO, and DISCA are also pitching shows aimed at drawing in Hispanic viewers. Post your comment!]]> http://seekingalpha.com/currents/post/319501?source=feed 319501 1 comment!]]> Wed, 16 May 2012 08:53:28 -0400 SeekingAlpha +0.4%, off just a bit since the housing starts print which showed a strong headline number, but a decline in permits. At 717K, the number of housing starts remains well below levels associated with recessions over the past half century. 1 comment!]]> http://seekingalpha.com/currents/post/319491?source=feed 319491 Post your comment!]]> Wed, 16 May 2012 08:52:44 -0400 SeekingAlpha extend by the three weeks, until August 31, their deadline for deciding on whether to approve United Tech's (UTX) $16.5B acquisition of aircraft components maker Goodrich (GR). Post your comment!]]> http://seekingalpha.com/currents/post/319481?source=feed 319481 Post your comment!]]> Wed, 16 May 2012 08:49:18 -0400 SeekingAlpha LMCA) upped its holding in Live Nation Entertainment (LYV) to 48.7M shares, or more than 25% of the concert promotion giant's outstanding shares, from ~20%, according to an SEC filing. Liberty has received regulatory clearance to own as much as 35% of LYV, whose shares are +4% premarket. Post your comment!]]> http://seekingalpha.com/currents/post/319471?source=feed 319471 Post your comment!]]> Wed, 16 May 2012 08:45:42 -0400 SeekingAlpha JPM) CIO unit had looser risk controls than the rest of the bank thanks to its direct reporting line to Jamie Dimon, say sources, remaining fairly free from oversight despite warnings stretching back to 2005. Until recently, the group used its own Value-at-Risk model, which likely allowed the over-sized positions which led to the losses. Post your comment!]]> http://seekingalpha.com/currents/post/319461?source=feed 319461 Post your comment!]]> Wed, 16 May 2012 08:43:53 -0400 SeekingAlpha warns parliament of the consequences of austerity measures not being passed. "We must reduce the public deficit because there is a serious risk that we will not be able to borrow, or borrow at astronomical prices," Rajoy says. Post your comment!]]> http://seekingalpha.com/currents/post/319451?source=feed 319451 Post your comment!]]> Wed, 16 May 2012 08:42:02 -0400 SeekingAlpha Eagle Materials (EXP): FQ4 EPS of $0.20 misses by $0.02. Revenue of $117M (+22.4% Y/Y) in-line. (PR) Post your comment!]]> http://seekingalpha.com/currents/post/319441?source=feed 319441 Post your comment!]]> Wed, 16 May 2012 08:41:30 -0400 SeekingAlpha AMZN) for the nation's high unemployment rate after the company says it hired 28K new employees in the past year to bring its total headcount up to 65.6K. Too much, too fast? With an eye on margins, McAdams Wright Ragen analyst Dan Geiman says Amazon has received a pass for its high costs while it seemingly moves in every direction at once. (See: TV programming, high fashion), big data). Post your comment!]]> http://seekingalpha.com/currents/post/319431?source=feed 319431 Post your comment!]]> Wed, 16 May 2012 08:38:46 -0400 SeekingAlpha E) makes a new gas discovery offshore Mozambique at the Coral 1 exploration prospect in the Mamba complex, with an estimated 7T-10T cubic feet of gas in place. The Italian energy giant considers the discovery significant since it confirms a new exploration play independent of those drilled so far in previous Mamba wells. Post your comment!]]> http://seekingalpha.com/currents/post/319421?source=feed 319421 1 comment!]]> Wed, 16 May 2012 08:35:07 -0400 SeekingAlpha talking about stimulus, not just austerity. Elsewhere, IIF chief Dallara dusts off 2011 rhetoric, saying the cost of a Greek exit would be immense and cause a collapse of the country's banking system. Stoxx 50 +0.7%. 1 comment!]]> http://seekingalpha.com/currents/post/319411?source=feed 319411 Post your comment!]]> Wed, 16 May 2012 08:31:53 -0400 SeekingAlpha Apr. Housing Starts: +2.6% to 717K vs. 690K expected and 699K (revised) in Mar. Permits -7% to 715K vs. 725K expected and 769K in Mar. Post your comment!]]> http://seekingalpha.com/currents/post/319401?source=feed 319401 Post your comment!]]> Wed, 16 May 2012 08:28:56 -0400 SeekingAlpha EADSY.PK) took a €158M ($201M) charge in Q1 to fix wing cracks in its A380 superjumbo but raised its projection for full-year earnings on increased commercial jet production. EADS reported a net profit of €133M for the quarter vs. a loss of €12M Y/Y as revenue rose 16% to €11.4B. It now expects full-year EPS above €1.85, a €0.20 rise, and a full-year increase in revenue of more than 6%. Post your comment!]]> http://seekingalpha.com/currents/post/319391?source=feed 319391 Post your comment!]]> Wed, 16 May 2012 08:26:01 -0400 SeekingAlpha buy Home Depot (HD) on any weakness after the company reported what it considers were solid results for Q1. Analysts with the firm have the stock rated as an Outperform with a $57 price target. Shares +0.2% premarket. Post your comment!]]> http://seekingalpha.com/currents/post/319381?source=feed 319381 Post your comment!]]> Wed, 16 May 2012 08:25:05 -0400 SeekingAlpha KKR) is negotiating to acquire a stake in Prisma Capital, which manages nearly $8B in hedge-fund investments, the NYT reports. Prisma has a strong record at a time of weak performances in the sector, and a respected management that has been able to cope with new regulation and government scrutiny. Post your comment!]]> http://seekingalpha.com/currents/post/319371?source=feed 319371 Post your comment!]]> Wed, 16 May 2012 08:17:49 -0400 SeekingAlpha PEP) investment: The firm thinks that PepsiCo has underperformed and should consider spinning off its U.S. beverage business in the next year - a move that CEO Indra Nooyi has balked at in the past. Though the Ralph Whitworth-led firm only holds 0.6% of PepsiCo's outstanding shares, its reputation as a successful activist investor could hold sway with fellow PEP shareholders. Post your comment!]]> http://seekingalpha.com/currents/post/319361?source=feed 319361 1 comment!]]> Wed, 16 May 2012 08:11:19 -0400 SeekingAlpha failed to meet its goal of purchasing ¥600B in 1 and 2-year paper as just €480.5B was offered up to be sold. "There is nothing to invest in when (banks) sell short-term notes," says an analyst. Two-year Japanese paper yields 0.11% ... "nothing to invest in." 1 comment!]]> http://seekingalpha.com/currents/post/319351?source=feed 319351 Post your comment!]]> Wed, 16 May 2012 08:10:18 -0400 SeekingAlpha OSUR) +35.3% premarket after an FDA advisory panel's recommendation to let an HIV test be sold in retail stores; test results could be obtained in the home like tests for pregnancy and blood sugar. The panel voted in favor 17-0 twice, on potential benefits outweighing potential risks and on safety and effectiveness. (also) Post your comment!]]> http://seekingalpha.com/currents/post/319341?source=feed 319341 Post your comment!]]> Wed, 16 May 2012 08:03:52 -0400 SeekingAlpha SHLD) majority-owned Sears Canada reports a Q1 profit after lower costs and a one-time gain on a lease termination helped offset sagging revenue. Comparable-store sales fell off 6.3% Y/Y for the Canadian retailer. Post your comment!]]> http://seekingalpha.com/currents/post/319331?source=feed 319331 Post your comment!]]> Wed, 16 May 2012 08:03:21 -0400 SeekingAlpha Brady (BRC): FQ3 EPS of $0.57 in-line. Revenue of $332M (-1.9% Y/Y) misses by $10M. (PR) Post your comment!]]> http://seekingalpha.com/currents/post/319321?source=feed 319321 1 comment!]]> Wed, 16 May 2012 08:01:56 -0400 SeekingAlpha DE) FQ2: Net profit +17% to $1.06B, net sales of equipment operations +13% to $9.4B, as the company benefits from the "positive conditions in the global farm economy." Raises FY profit prediction to $3.35B from $3.28B previously, expects equipment sales to increase about 15%. Shares +2.3%. (PR) 1 comment!]]> http://seekingalpha.com/currents/post/319311?source=feed 319311 Post your comment!]]> Wed, 16 May 2012 08:00:33 -0400 SeekingAlpha On the hour: S&P +0.34%. 10-yr -0.15%. Euro -0.02% vs. dollar. Crude -1.19% to $92.86. Gold -1.17% to $1538.85. Post your comment!]]> http://seekingalpha.com/currents/post/319301?source=feed 319301 Post your comment!]]> Wed, 16 May 2012 08:00:18 -0400 SeekingAlpha TOT) says it has stopped the natural gas leak at its North Sea Elgin platform by pumping heavy mud into the leaking well there, but does not say when output would resume. "Today, a major turning point has been achieved," Total's head of exploration and production says. TOT +2.3% premarket. Post your comment!]]> http://seekingalpha.com/currents/post/319291?source=feed 319291 2 comments!]]> Wed, 16 May 2012 07:55:31 -0400 SeekingAlpha Off 1.3% to $1,535, gold is at its YTD low and looks to be testing a key support level hit in September and again in December. Beneath that looks to be a lot of air. It's more volatile cousin silver, -2.4% to $27.40, is forming a similar chart pattern. 2 comments!]]> http://seekingalpha.com/currents/post/319281?source=feed 319281 Post your comment!]]> Wed, 16 May 2012 07:52:20 -0400 SeekingAlpha upgrades Dunkin' Brands (DNKN) to Buy from Hold as it hones in on the company's prospects to see strong domestic and international growth. Analysts also forecast that DNKN will reap benefits from its franchise model. Shares +1.4% premarket. Post your comment!]]> http://seekingalpha.com/currents/post/319271?source=feed 319271 Post your comment!]]> Wed, 16 May 2012 07:48:58 -0400 SeekingAlpha -1.4% to $92.69 - the lowest level since early November, and off 12.5% just this month. While tiny Greece continues to dominate the headlines, China being in something greater than a soft landing may be of more import. Post your comment!]]>