is trading.....maybe!!
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Denver vs Seattle
Manning....who doesn't love that guy?!!! Trying for another ring...
Wilson....3rd round 75th pick going to the big game....no RGIII, Newton, Dalton, Bradford, Luck or other recent top drafts...
Who to pick? I'm cheering for both....
But predicting......Seattle wins....
thank you DA...should all go well...
hi bc...GOGO is looking good for a possible buy...e/r coming up...
need to check/verify the date...
Superbowl today...
good morning
was really fun...
finally got her to hit the 'buy' button...200 shares...
went up .50 in a few seconds....then down...
and down some more...
and more....
then boom....up it went and up more to +1.00...
sell went thru....it continue up a bit more...
$179 and she was thrilled...
I honestly felt like a rock star.....
was a sweating a bit during the down turn!!!!
yikes!
today was really fun....busy...
but satisfying.....
I see mkt fell....so yesterday didn't happen....
I need my first beer! Now! Where's the waitress...?
oh...that's me!
fwiw...if you need help w/a spreadsheet or anything on the contest, just let me know....formulas to compute the gains....
thank you, DA and all for the work on it....
I will join you for that drink!
UGAZ ~ took longer then expected....but +$1.00 for my buddy....
in 28.75 out 29.75
plans today:
friend finally opened her etrade acct and we are going live today....will see if there is a quick trade out there
grocery shopping
clean house
Alex's friend is spending the night
lots to do!
that's crazy! something happened while I was sleeping!
????
nice bc....after it hit 22's I thought it was going to go more...
and then I messed up on selling...
still work in process......
thank you....
I'm still working on my selling....
Pre Market Movers
Top Gaining Stocks
Price %Change
AFCB Athens Bancshares... 35.39 79.55%
SZYM Solazyme Inc. 11.50 17.71%
ZNGA Zynga Inc. 4.12 15.73%
CMG Chipotle Mexican ... 556.00 12.56%
CPHD Cepheid 52.12 10.26%
BLDP Ballard Power Sys... 2.15 9.69%
NE Noble Corp. 34.26 8.28%
PFPT Proofpoint Inc. 39.50 8.13%
VRNG Vringo Inc. 4.64 7.91%
MCOX Mecox Lane Limite... 4.98 7.79%
MTW Manitowoc Co. 26.58 7.35%
DPK Direxion Daily De... 39.13 7.09%
VXX Barclays Bank Plc... 48.74 6.75%
PGNX Progenics Pharmac... 5.50 5.77%
JDSU Jds Uniphase Corp... 13.42 5.50%
TZA Direxion Daily Sm... 18.50 3.82%
VIXM Proshares Vix Mid... 20.00 3.73%
WYNN Wynn Resorts Ltd ... 209.00 3.72%
LYB Lyondellbasell In... 80.80 3.51%
NQ NQ Mobile 16.50 3.06%
Top Losing Stocks
Price %Change
TNP Tsakos Energy Nav... 6.47 -13.50%
CYTR Cytrx Corporation... 7.02 -12.03%
PRAN Prana Biotechnolo... 11.20 -9.16%
SPF Standard Pacific ... 8.00 -8.05%
GSB Globalscape Inc. ... 3.60 -7.69%
MAT Mattel, Inc 40.20 -6.53%
XIV Velocityshares Da... 29.15 -6.06%
ARCO Arcos Dorados Hol... 8.75 -6.02%
FUEL Rocket Fuel Inc. ... 60.50 -5.98%
AMZN Amazon.com Inc. 380.00 -5.71%
AAL American Airlines... 32.00 -5.33%
ERX Direxion Daily En... 74.25 -4.60%
JKS Jinkosolar Holdin... 29.00 -4.42%
MONT Monster Offers 20.75 -4.38%
WU Western Union 15.00 -4.28%
AI Arlington Asset I... 25.27 -4.24%
NUS Nu Skin Enterpris... 81.10 -4.24%
DB Deutsche Bank AG ... 48.06 -4.21%
SXE Southcross Energy... 16.20 -4.20%
SGU Star Gas Partners... 5.39 -4.09%
Read more at http://thestockmarketwatch.com/markets/pre-market/#CVFMHdWLGpmu53Tm.99
data:
Personal Income and Outlays
[Report][Star]8:30 AM ET
Employment Cost Index
[Report][djStar]8:30 AM ET
Chicago PMI
[Report][djStar]9:45 AM ET
Consumer Sentiment
[Report][djStar]9:55 AM ET
Richard Fisher Speaks
1:15 PM ET
Farm Prices
[Bullet3:00 PM ET
Futures -99
good morning
ibox updated....books closed....funds transferred....
yes....my mom had the other...she's a fighter...10 years strong...in fact going to do the MYGN testing soon to see about me....
and my girls...
so unfair...
edit: and since we've been going for scans/checkup's all these years and her doc never mentioned the testing to me....I'm thinking maybe I don't even have to worry...they didn't have the tests when she got it, but they do now.....
?????
but it has been on my mind lately....
yes, it should go well....
she's worried....I told her it's not the kind of cancer to worry about....told her it's the 'you're 80 and lived so long' type of cancer...
all joking aside doc says she will be ok....possibly some radiation....
DGAZ and GOGO will be my entries at tomorrow's closing price please....
thank you for the reminder!!!....meant to post yesterday which would have rocked....
will post DGAZ on your board right now!
I've had a lot on my mind....doh!
UGAZ -11 today....was like +11 or something yesterday....
DGAZ +26%
I like them....need to study for future trades....
GOOG +$82.00!
CMG +$64.50!
AMZN -$14.20
that's crazy stuff!
Hi lady!
I really like the trading on that one....
lucked out w/the news this a.m.
I will be on vacation starting tomorrow....calling it vacation, but actually taking my grandma for preop on Monday.
She has surgery/lumpectomy on Tuesday. Outpatient so it should be ok...
$GOGO ~ +$3,649
fr yesterday's buy...
actually got 600 filled out of 1000 at yesterday's low
went to sleep down around a quarter....
to awake w/nice news....
and sold this buy from the ceo talkiing on tv....
01/24/2014 01/29/2014
GOGO INC SHS CLIENT ENTERED.
GOGO
500 23.32 (11,666.91)
Got cute in trying to stagger my sells from 21.82 and ended up selling for less....
Never can get that right...
$GOGO to Offer Gogo Vision on JAL's Domestic Fleet - Yahoo Finance http://finance.yahoo.com/news/gogo-offer-gogo-vision-jals-140100350.html … via @YahooFinance
Frontrunning:
Only time will define Bernanke's crisis-era legacy at Fed (Reuters)
Record Cash Leaves Emerging Market ETFs (BBG)
Investors Look Toward Safer Options as Ground Shifts (WSJ)
Fed Policy Makers Rally Behind Tapering QE as Yellen Era Begins (BBG)
Rating agencies criticise China’s bailout of failed $500m trust (FT)
Russia to await new Ukraine government before fully implementing rescue (Reuters)
U.S. readies financial sanctions against Ukraine: congressional aides (Reuters)
Companies resist president’s call for minimum wage rise (FT)
Secret Swiss Funds at Risk as Italy’s Saccomanni Visits Bern (BBG)
Top Democrat puts Obama trade deals in doubt (FT)
Erdogan to Give Rate Increase Time Before Trying Other Plans (BBG)
Bernanke Memorable Moments From AIG Anger to Dimon Encounter (BBG)
Capital controls not on agenda in Turkey: senior government official (Reuters) - translation - the opposite
Wall Street Attracts Chop Shops 20 Years After ‘Wolf’ (BBG)
Deutsche Bank suspends currency trader (DB)
Deadly ice storm turns Atlanta into parking lot (Reuters)
Overnight Media Digest
WSJ
* Just one month into 2014, investors from Illinois to Istanbul are finding the tide going out fast for stocks and other riskier investments.
* U.S. stocks have started the year with a thud. What's interesting, though, isn't that stocks are down but that the declines are coming so grudgingly.
* Google's experiment making Motorola phones has ended after just 22 months, with the company unloading the handset business to China's Lenovo Group for $2.91 billion but keeping a valuable trove of patents.
* The hackers who stole 40 million credit and debit card numbers from Target Corp appear to have breached the discounter's systems by using electronic credentials stolen from a vendor.
* Amazon.com plans to offer brick-and-mortar retailers a checkout system that uses Kindle tablets as soon as this summer.
* Blackstone Group's chairman has made clear to senior executives that 43-year-old real-estate specialist Jonathan Gray is the front-runner should the current president depart within the next few years.
* How do the details of a family tragedy land on a piece of junk mail? Most likely from a customer service representative who feeds data to information brokers electronically compiling and selling information.
* Federal regulators are set to take a step Thursday toward retiring the existing landline telephone system in favor of a new, digital-based network.
* Bill Gross, the biggest and one of the most influential fixed-income managers in the world, is ceding some of his power to six new deputies at Pacific Investment Management Co (Pimco) as part of the biggest change in its leadership in more than five years. The move follows last week's announcement that Pimco's high-profile chief executive and co-chief investment officer, Mohamed El-Erian, would leave in mid-March.
* Starbucks Corp said Chief Executive Howard Schultz will expand his role in product innovation and digital retailing as part of a shuffling of senior executives aimed largely at adjusting to technology-driven shifts in its industry.
* Outgoing Federal Reserve Chairman Ben Bernanke will provide testimony after he leaves office in a lawsuit filed against the federal government over the 2008 bailout of American International Group Inc, according to a person involved in the case.
FT
The International Energy Agency has warned that escalated gas and electricity prices in Europe would slash its global market share of energy-related exports to two-thirds for at least the next 20 years.
The British Prime Minister may not receive the support of French President Francois Hollande on any renegotiation talks of the EU founding treaty before a referendum on UK's membership in the European Union.
The helicopter unit of Finmeccanica, AgustaWestland, has won two contracts from Britain's Ministry of Defence worth a total of 760 million pounds ($1.26 billion) in a move that will protect around 1,000 jobs south of England.
The biggest UK businesses paid more in national insurance than corporation taxes, which fell one-fourth to 6 billion pounds last year.
Deutsche Bank cut pay in its corporate banking and securities division to 5.3 billion euros last year, down 14.4 percent from 2012, the bank's two chief executives said on Wednesday.
NYT
* Though not a total financial loss, the announced sale of the Motorola Mobility unit for $2.91 billion to Lenovo Group Ltd , less than two years after Google paid $12.5 billion for it, is a sign of fits and starts at the company in the mobile age.
* Banks have begun selling bonds backed by foreclosed homes turned into rentals in the United States, bringing calls for Congress to look into the deals.
* In a unanimous decision, the Federal Reserve said it would pull back on its stimulus program by another $10 billion, pointing to an improving economy that had "picked up in recent quarters."
* The House of Representatives on Wednesday passed a bill authorizing nearly $1 trillion in spending on farm subsidies and nutrition programs, setting the stage for final passage of a new five-year farm bill that has been stalled for more than two years.
* China's role as the largest buyer of a long list of commodities means that emerging markets are heavily exposed to any economic slowdown, but the most vulnerable producers may be the mines and farms in China itself.
* In the fourth quarter of 2013, 53 percent of Facebook's advertising revenue came from pitches delivered to iPads, smartphones and other mobile devices, with many of those ads highly targeted by gender, age and other demographics.
* The Washington Post has significantly increased its budget and plans to make dozens of newsroom hires under its new owner, the Amazon founder Jeffrey P. Bezos, the paper's executive editor, Marty Baron, said in an interview on Wednesday.
* Law enforcement officials testified on Wednesday that virtual currencies like Bitcoin have opened up new avenues for crime that government has not been able to keep up with.
* The European Union on Wednesday revealed a long-awaited proposal to reduce the systemic risk posed by big banks, a measure that would bring the bloc's regulations more closely into line with those of the United States. But it is unlikely to become law anytime soon.
* Faced with growing criticism and lawsuits, an oil industry task force representing hundreds of companies in North Dakota pledged on Wednesday to make an all-out effort to capture almost all the natural gas that is being flared in the Bakken shale oil field by the end of the decade.
* Attorney General Eric Holder said Wednesday that the Justice Department was committed to finding the hackers behind the holiday season theft of credit card data from millions of Target customers. The same day, Target said that hackers were able to get into the company's system using a vendor's credentials.
* After doubling over the last year, Boeing's stock dropped 5.3 percent on Wednesday when the plane maker projected flattening profits in 2014.
* Making good on a State of the Union address promise, President Obama on Wednesday ordered the creation of new employer-sponsored savings accounts intended to help more people get started saving for retirement.
* Axa Equitable is taking an ax to its name, trimming it to Axa so it will conform in the United States with the France-based company's brand elsewhere. The new name is on display in a campaign that Axa is ready to introduce to American consumers.
* Billionaire investor Steven Cohen kept one of his closest associates at SAC Capital Advisors in the dark about the hedge fund's rapid selling of a substantial stock position in two drug companies - Elan and Wyeth, just days before the companies reported disappointing results of a clinical trial for an Alzheimer's drug.
* Citigroup said internally on Wednesday that it was making an effort to improve the lives of the analysts and associates in its investment bank, the two lowest employee levels in that division. Those junior bankers are now encouraged to stay out of the office from 10 pm on Friday through 10 am on Sunday. Citigroup also said on Wednesday that junior bankers were expected to take all of their annual vacation days.
* The Brazilian bank Itaú Unibanco has acquired a controlling stake in the Chilean bank CorpBanca, a move that follows its growing ambitions to expand in Latin America.
Canada
THE GLOBE AND MAIL
* Several prisoners shattered the teeth and broke the leg of Rob Ford's estranged brother-in-law in a jailhouse beating that was intended to keep him quiet about the Toronto mayor's abuse of alcohol and illegal drugs, it has been alleged in a lawsuit. (link.reuters.com/guc56v)
* On Wednesday night, 19-year-old Justin Bieber turned himself in at a Toronto police station and was charged with assault in connection with an attack on a local limousine driver. (link.reuters.com/huc56v)
Reports in the business section:
* Hunter Harrison's first full year in charge of Canadian Pacific Railway Ltd brought a record annual profit, and the aggressive CEO has set a goal of boosting earnings by 30 percent in 2014. (link.reuters.com/juc56v)
* The Federal Reserve opted to stick with its plan to slowly wind down its stimulus program, a move that added anxiety to investors already rattled by turmoil in emerging markets. (link.reuters.com/muc56v)
NATIONAL POST
* Meredith Borowiec, a resident of Calgary who left three of her children in a dumpster, killing two, was sentenced to 18 months in jail on Wednesday. The mother of four left her first born in a dumpster next to her Calgary home. A second baby born a year later was similarly discarded. Neither body was ever found. Her third child was born in October, 2010. Borowiec, again, hid the child in the trash. But this time, the infant was rescued after its cries were overheard. (link.reuters.com/cuc56v)
FINANCIAL POST
* Sears Canada is laying off 624 employees, the second time in as many weeks the struggling retailer has announced cost-saving cuts to its workforce. (link.reuters.com/duc56v)
* After burning through his last set of aggressive objectives about two years ahead of schedule, Hunter Harrison said Canadian Pacific Railway Ltd needs a new five-year plan. The pace of change implemented at the railway is a victory over Harrison's detractors, who said his plans for CP were unrealistic, and a vindication for Bill Ackman, whose Pershing Square Capital Management waged a messy battle to see Harrison instated as CEO nearly two years ago. (link.reuters.com/tuc56v)
Britain
The Telegraph
RBS FACES 1,000 COMPLAINTS ABOUT ITS 'MORALLY WRONG' RESTRUCTURING DIVISION
Lawrence Tomlinson told the Treasury Select Committee that his "dossier" of complaints against RBS's restructuring division has vastly expanded since he published his report last year. More than 1,000 companies have come forward with allegations of "morally wrong" treatment at the hands of the Royal Bank of Scotland's restructuring division, MPs have been told.
BANK OF ENGLAND BLOCKS SANTANDER'S CHOICE FOR RISK ROLE
The Bank of England has blocked Santander UK's plans to hand its incoming deputy chief executive responsibility for risk management. The British arm of the Spanish lender has been forced to rethink its appointment of Nathan Bostock, currently finance director of Royal Bank of Scotland, to the joint role of deputy chief executive and chief risk officer.
The Guardian
VINCE CABLE CONFRONTS LLOYDS OVER STAFF CUTS IN COMMERCIAL BANKING
Vince Cable is demanding an urgent meeting with the boss of Lloyds Banking Group after the bailed-out bank made deep cuts to the number of its small business experts. The business secretary wrote to António Horta-Osório on Wednesday night after Lloyds said half the relationship managers handling small business queries that their roles were being made redundant as part of a long-running strategic review.
UK HOUSE PRICES START YEAR WITH A BANG, FUELLED BY FIRST-TIME BUYERS
The return of first time buyers to Britain's housing market helped push prices almost 9 percent higher in the year to January, according to the country's biggest building society Nationwide, adding more than 14,000 pounds to the price of a typical home.
The Times
JUSTIN KING STANDS DOWN AFTER DECADE OF SUCCESS AS SAINSBURY'S CHIEF
Justin King put an end to months of speculation over his future at J Sainsbury and announced his departure, marking the end of a decade that has transformed the fortunes of Britain's second-biggest grocer.
ANGLO AMERICAN STRENGTHENED BY IRON ORE BOUNCE
A surprise bounce in iron ore production at Anglo American has raised hopes for a turnaround under its new chief executive. The FTSE 100 miner was also buoyed by copper production hitting a quarterly record, which helped to send shares up 77 pence, or 5.7 per cent, to 14.20½ pounds.
Sky News
REGULATOR THREATENS RBS CHIEF'S ROLE AT RIVAL
The appointment of Royal Bank of Scotland's finance director to a dual role at rival Santander UK was in jeopardy on Wednesday after banking regulators raised concerns about the move. Sky News can reveal that the Prudential Regulation Authority has expressed serious doubts about Nathan Bostock's appointment to the Spanish-owned bank as deputy chief executive and chief risk officer.
CARNEY WARNS OF RISKS OF SCOTS INDEPENDENCE
Bank of England Governor Mark Carney warned of "clear risks" associated with the economics of Scottish independence, adding that the country would have to surrender some of its sovereignty if it were to retain the pound.
Fly On The Wall 7:00 AM Market Snapshot
ECONOMIC REPORTS
Domestic economic reports scheduled for today include:
Jobless claims for the week of Jan. 25 will be reported at 8:30--consensus 327K
Q4 GDP will be reported at 8:30--consensus 3.0% growth for the quarter
Pending home sales index for December will be reported at 10:00---consensus down 0.5%
ANALYST RESEARCH
Upgrades
Amdocs (DOX) upgraded to Outperform from Perform at Oppenheimer
Autodesk (ADSK) upgraded to Overweight from Neutral at JPMorgan
Canadian Pacific (CP) upgraded to Outperform from Market Perform at Cowen
Cathay General (CATY) upgraded to Outperform from Market Perform at BMO Capital
Citrix (CTXS) upgraded to Buy from Hold at Drexel Hamilton
Enduro Royalty Trust (NDRO) upgraded to Outperform from Sector Perform at RBC Capital
Enersis (ENI) upgraded to Buy from Neutral at BofA/Merrill
JetBlue (JBLU) upgraded to Buy from Hold at Deutsche Bank
Modine Manufacturing (MOD) upgraded to Neutral from Underweight at JPMorgan
PTC Inc. (PTC) upgraded to Overweight from Neutral at JPMorgan
Sequans (SQNS) upgraded to Outperform from Neutral at RW Baird
ServiceNow (NOW) upgraded to Outperform from Neutral at RW Baird
Spectra Energy (SE) upgraded to Outperform from Market Perform at BMO Capital
StanCorp Financial (SFG) upgraded to Neutral from Underperform at BofA/Merrill
Union Pacific (UNP) upgraded to Overweight from Neutral at Atlantic Equities
WellPoint (WLP) upgraded to Buy from Neutral at UBS
WesBanco (WSBC) upgraded to Buy from Neutral at Guggenheim
Downgrades
Blackbaud (BLKB) downgraded to Underweight from Neutral at JPMorgan
Citrix (CTXS) downgraded to Hold from Buy at Needham
Citrix (CTXS) downgraded to Neutral from Buy at Citigroup
Citrix (CTXS) downgraded to Neutral from Outperform at RW Baird
Citrix (CTXS) downgraded to Sector Perform from Outperform at Pacific Crest
Citrix (CTXS) downgraded to Underperform from Market Perform at JMP Securities
Denbury Resources (DNR) downgraded to Sell from Neutral at Goldman
EMC (EMC) downgraded to Neutral from Buy at Mizuho
El Paso Pipeline (EPB) downgraded to Neutral from Buy at Goldman
McCormick (MKC) downgraded to Hold from Buy at Deutsche Bank
NeuStar (NSR) downgraded to Neutral from Outperform at RW Baird
New York Community Bancorp (NYCB) downgraded to Market Perform at Keefe Bruyette
Praxair (PX) downgraded to Neutral from Overweight at JPMorgan
SS&C Technologies (SSNC) downgraded to Neutral from Overweight at JPMorgan
Synopsys (SNPS) downgraded to Neutral from Overweight at JPMorgan
Tractor Supply (TSCO) downgraded to Hold from Buy at Deutsche Bank
Tractor Supply (TSCO) downgraded to Market Perform from Outperform at Raymond James
Triumph Group (TGI) downgraded to Neutral from Buy at Sterne Agee
W. R. Berkley (WRB) downgraded to Sell from Hold at Deutsche Bank
Initiations
Energy XXI (EXXI) initiated with a Neutral at Goldman
Kosmos (KOS) initiated with a Buy at Goldman
Spansion (CODE) initiated with an Overweight at Morgan Stanley
W&T Offshore (WTI) initiated with a Neutral at Goldman
inContact (SAAS) initiated with a Perform at Oppenheimer
HOT STOCKS
Lenovo Group (LNVGY) to acquire Motorola Mobility from Google (GOOG) for $2.91B
Potash (POT) CEO said Q4 was "difficult," challenging fertilizer market conditions impacted Q4 performance
Starbucks (SBUX) CFO Troy Alstead promoted to COO
Oramed (ORMP) said Phase 2a ORMD-0801 study met all primary, secondary endpoints
Dassault to acquire Accelrys (ACCL) for $12.50 per share in merger valued at $750M
Time Warner Cable (TWC) increased quarterly dividend by 15% to 75c
EARNINGS
Companies that beat consensus earnings expectations last night and today include:
Helmerich & Payne (HP), Ball Corp. (BLL), Enterprise Products (EPD), MEDNAX (MD), Time Warner Cable (TWC), Thermo Fisher (TMO), Arkansas Best (ABFS), Cabot (CBT), QLogic (QLGC), Las Vegas Sands (LVS), Facebook (FB), Allegiant Travel (ALGT), Hanesbrands (HBI), QIAGEN (QGEN), Silicon Graphics (SGI), Spectrum Brands (SPB), Symantec (SYMC), Qualcomm (QCOM)
Companies that missed consensus earnings expectations include:
WESCO (WCC), Whirlpool (WHR), Potash (POT), Murphy Oil (MUR), Callaway Golf (ELY), Vertex (VRTX)
Companies that matched consensus earnings expectations include:
Destination Maternity (DEST), Kirby (KEX), Quantum (QTM), Fortune Brands (FBHS), ServiceNow (NOW)
NEWSPAPERS/WEBSITES
DOJ says BP (BP) should remain barred from U.S. contracts, Telegraph reports
Microsoft (MSFT) could announce new CEO by end of the week, Re/code reports
For Google (GOOG), keeping patents key to Motorola (LNVGY), Samsung (SSNLF) deals, Bloomberg reports
EU court adviser: MasterCard (MA) should lose card fees appeal, Bloomberg reports
Deutsche Bank (DB) said to suspend NY EM forex desk head, Reuters reports
UBS (UBS) hired by Bright House as adviser amid TWC (TWC) deal speculation, WSJ reports
Oracle (ORCL) CEO says database not breached, Reuters reports
Amazon (AMZN) planning to offer retailers a Kindle checkout system, WSJ reports
Shell (RDS.A) to suspend drilling in U.S. Arctic, WSJ reports
Stolen vendor credentials led to Target (TGT) hacking, WSJ reports
SYNDICATE
Celladon (CLDN) 5.5M share IPO priced at $8.00
Dicerna (DRNA) 6M share IPO priced at $15.00
Geron (GERN) files to sell common stock
Media General (MEG) files to sell 58.54M shares of voting stock for holders
Puma Biotechnology (PBYI) files to sell $115M of common stock
Southcross Energy Partners (SXE) files to sell 8M common units
TESARO (TSRO) 3.2M share Secondary priced at $31.50
Pre Market Movers
Top Gaining Stocks
Price %Change
FB Facebook Inc. 62.42 16.61%
MCOX Mecox Lane Limite... 4.99 14.19%
ATHX Athersys Inc. 4.28 12.63%
MEET Meetme 2.23 10.95%
FLEX Flextronics Inter... 8.46 9.87%
UA Under Armour 93.00 9.13%
ALXN Alexion Pharmaceu... 145.26 8.62%
TWTR Twitter Inc 63.49 6.80%
LUK Leucadia National... 29.19 6.77%
HSBC Hsbc Holdings Plc... 54.87 6.05%
ORMP Oramed Pharmaceut... 27.50 5.89%
GTAT GT Advanced Techn... 10.16 5.50%
NVDA Nvidia Corp 16.30 5.43%
PHM Pulte Group 20.48 5.40%
ONVO Organovo 10.10 5.21%
ADSK Autodesk Inc. 52.23 5.20%
PLUG Plug Power Inc. 3.12 5.09%
DLR Digital Realty Tr... 52.82 5.01%
AVP Avon Products Inc... 15.50 5.01%
GRPN Groupon Inc. 10.94 4.89%
Top Losing Stocks
Price %Change
KBIO Kalobios Pharmace... 3.47 -25.38%
NSR Neustar Cl A 33.00 -24.57%
CTXS Citrix Systems In... 53.00 -7.99%
TSCO Tractor Supply Co... 64.40 -6.66%
BVSN Broadvision Inc. ... 12.50 -6.23%
DEO Diageo Plc Ads 119.59 -5.89%
PLOW Douglas Dynamics ... 14.45 -5.56%
POT Potash Corp. Of S... 30.30 -4.81%
ADT Adt Corporation 36.00 -4.79%
WFT Weatherford Inter... 13.21 -4.41%
IAG Iamgold Corp. 3.61 -3.99%
NUGT Direxion Daily Go... 37.55 -3.96%
VIPS Vipshop Holdings ... 103.00 -3.56%
UNG United States Nat... 25.84 -3.33%
CTIC Cell Therapeutics... 3.22 -3.01%
GAZ ipath Dow Jones U... 3.36 -2.89%
SNTA Synta Pharmaceuti... 5.10 -2.67%
UL Unilever Plc Ads ... 38.54 -2.50%
AG First Majestic Si... 10.54 -2.41%
EGO Eldorado Gold Cor... 6.47 -2.41%
Read more at http://thestockmarketwatch.com/markets/pre-market/#wzqkw8oqOiALaDr2.99
FLEX great e/r as well
FB TWTR wow.....
data:
GDP
[Report][Star]8:30 AM ET
Jobless Claims
[Report][Star]8:30 AM ET
Bloomberg Consumer Comfort Index
[Bullet9:45 AM ET
Pending Home Sales Index
[Report][djStar]10:00 AM ET
EIA Natural Gas Report
[Bullet10:30 AM ET
3-Month Bill Announcement
[Bullet11:00 AM ET
6-Month Bill Announcement
[Bullet11:00 AM ET
52-Week Bill Announcement
[Bullet11:00 AM ET
5-Yr Note Auction
[Bullet11:30 AM ET
7-Yr Note Auction
[Bullet1:00 PM ET
Fed Balance Sheet
[Bullet4:30 PM ET
Money Supply
[Bullet4:30 PM ET
Futures +50
good morning
Futures -146 now....doh!
Frontrunning:
Obama warns divided Congress that he will act alone (Reuters)
Fed Decision Day Guide From Emerging Markets to FOMC Voter Shift (BBG)
Fed poised for $10 billion taper as Bernanke bids adieu (Reuters)
Bernanke’s Unprecedented Rescue Unlikely to Be Repeated (BBG)
Argentina Spends $115 Million to Steady Peso (WSJ)
Billionaires Fuming Over Market Selloff That Sinks Magnit (BBG)
SAC’s Counsel Testifies at Insider Trading Trial in Unexpected Move by the Defense (NYT)
Automakers Fuel Japan’s Longest Profit Growth Streak Since 2007 (BBG)
Turkey Crisis Puts Jailed Millionaire at Heart of Gold Trail (BBG)
Ukraine expects $2 billion tranche of Russian aid soon (Reuters)
Poloz in Export Push Has Investors Targeting Canada (BBG)
EU’s Too-Big-to-Fail Plan Seen Too Late to Win Approval (BBG)
Yahoo's fourth-quarter revenue slides as ad prices dip again (Reuters)
Overnight Media Digest
WSJ
* President Barack Obama, seeking to restore confidence in his leadership, declared in his State of the Union address Tuesday that he would use executive power to try to narrow the gap between rich and poor and speed the nation's economic recovery.
* Turkey's central bank unveiled emergency interest-rate hikes in a move that outstripped market expectations and sent the lira roaring back, in a test case for other emerging markets battling plunging currencies.
* Under fire from several regulators, U.S. banks increasingly are rejecting customers involved in activities that are legal but might attract government scrutiny, according to executives, consultants and lawyers.
* As activist hedge funds step up their hunt for new targets, companies are bolstering their defenses. Some are fortifying their poison-pill provisions - measures that prevent an unwanted shareholder from taking a stake above a certain level. Others are speeding up their acquisition timetables to minimize interference from shareholders. And some are tightening rules for nominating board members to make it harder for activists to get board seats.
* Top Daimler AG executive Andreas Renschler, who ran Mercedes-Benz production and sat on the company's management board, resigned on Tuesday, saying he would have to wait too long for a shot to become chief executive.
* Marissa Mayer's attempt to turn around Yahoo Inc is stuck in neutral. Yahoo on Tuesday reported its revenue fell 1.7 percent in the fourth quarter, minus commissions paid to partners for Web traffic, the fourth straight quarter without growth.
* Sprint Corp board members Masayoshi Son and Dan Hesse met recently with Justice Department officials who said they would view a Sprint acquisition of wireless rival T-Mobile US Inc with skepticism, people briefed on the conversation said.
* American Airlines Group Inc has identified $400 million in new annual revenue it expects to gain from changing its schedule, President Scott Kirby said Tuesday, as the carrier reported its first quarterly result since its combination with US Airways last month.
* Abercrombie & Fitch Co stripped Chief Executive Michael Jeffries of his title of chairman and named three new members to its board, steps aimed at improving governance at a teen retailer under pressure from weak sales and an activist investor.
* Google Inc wants to bring Google Glass to the masses. On Tuesday, the search giant announced a deal with vision-care company VSP Global to offer prescription lenses and subsidized frames for Google Glass, its wearable computer hooked onto eyeglass frames.
* Vodafone Group Plc of the UK and U.S. cable firm Liberty Global Plc have separately approached shareholders of Spanish cable operator Ono SA for a possible purchase that may be valued around 7 billion euros ($9.57 billion), a person close to the situation said Tuesday.
* Pfizer Inc said Tuesday that it expects to report clinical trial results early this year for an experimental breast-cancer drug and for the use of its pneumonia vaccine in the elderly, as the company shifts focus from streamlining its commercial operations to launching products.
* DuPont Co said its fourth-quarter earnings doubled, boosted by higher sales of seeds and insecticide in its agricultural division. The chemicals company also unveiled a new $5 billion share-repurchase plan, saying it aimed to buy back $2 billion worth this year.
* Volkswagen AG's new head of U.S. operations says the German auto maker is trying to make decisions faster and again train its focus on the U.S. market, a push needed for it to attain its goal of becoming the world's largest auto maker.
* VMware Inc warned it expects its operating margins to decline following its acquisition of AirWatch later this year. Shares slipped about 5 percent in after hours trading as the virtualization-software maker estimated that margins in its second quarter, ending in June, would decline 1.5 percent to 2 percent sequentially.
* Emerson Radio Corp shares jumped in after-hours trading Tuesday as the consumer-electronics distributor said it has allowed a special committee to evaluate possible strategic alternatives to enhance shareholder value.
* AT&T Inc Chief Executive Randall Stephenson did nothing to back investors off the company's interest in Europe, saying a company's statement Monday that it doesn't intend to bid for a major European carrier a "technical requirement." On Monday, the company filed a regulatory response with the UK Takeover Panel saying it wasn't planning to bid for Vodafone Group PLC, the company many analysts had assumed would be in AT&T's crosshairs.
FT
Italy's Intesa Sanpaolo has become the country's first bank to return a sum of 36 billion euros borrowed from the European Central Bank under the long-term refinancing operation or LTRO. The return of the loan shows early signs of growth in the eurozone countries' economic recovery.
Vodafone and Liberty Global are competing to buy Spain's largest cable operator, ONO, from its private equity owners. ONO has been planning an initial public offering this year in a bid to capitalise on a wave of investor interest in the increasingly successful cable sector.
Anglo-Dutch group Royal Dutch Shell wants to sell a stake in a key U.S. Gulf Coast crude oil pipeline for as much as $1 billion and is working with Barclays Plc to solicit offers, according to people familiar with the matter.
British online appliances retailer AO.com is looking at valuing its initial public offering from 1 billion pounds to 1.2 billion pounds in late 2014. Online fashion retailer Boohoo.com is also expected to announce its intention to float on the London Stock Exchange in March for a market value of about 500 million pounds.
Private equity group Permira is said to be in talks to buy a controlling stake in Italian fashion group Roberto Cavalli. However, a deal was not imminent, people with knowledge of the matter said.
NYT
* After five years of fractious political combat, President Obama declared independence from Congress on Tuesday as he vowed to tackle economic disparity with a series of limited initiatives on jobs, wages and retirement that he will take without legislative approval.
* Turkey's central bank aggressively raised rates late Tuesday, in a drastic move aimed at bolstering the currency. But it is unclear whether the move will be enough to satisfy international investors and repair the central bank's reputation.
* In the middle of political unrest, Ukraine's opposition appears closer to forcing the rejection of agreements with Russia and turning to the West.
* Under the turnaround plan devised by Yahoo's chief executive, Marissa Mayer, the company gained traffic and mobile users in 2013 and introduced a bevy of products, like a slick digital food magazine and a mobile weather app. Yet despite Mayer's labors, Yahoo is still falling further and further behind in the race for Internet advertising.
* AT&T finished 2013 strong despite aggressive moves from T-Mobile US, the smaller wireless carrier. AT&T reported on Tuesday a profit of $6.9 billion for the fourth quarter, compared with a loss of $3.9 billion during the period a year earlier, when earnings were hurt by pension costs and Hurricane Sandy.
* A hearing on the regulatory future of Bitcoin gave advocates the chance to enumerate what they view as the advantages Bitcoin could provide over current monetary systems.
* Two broadcast television stations in Los Angeles will become the first participants in a pilot test of the government's plans to eventually free up and auction off more airwaves for use in wireless broadband, officials said on Tuesday.
* The Royal Bank of Scotland said on Tuesday that it would reduce the range of foreign exchange benchmarks it offers to clients who trade currency markets.
* Ford Motor, the nation's No. 2 automaker, said on Tuesday that its fourth-quarter earnings rose 90 percent, to $3 billion, mostly because of favorable tax benefits related to investments in its European operations.
* Martin Marietta Materials has agreed to acquire Texas Industries in an all-stock deal worth more than $2 billion, the companies announced on Tuesday morning.
* An independent report published on Tuesday accused the BBC of significant management failings in connection with an abandoned 126 million pound ($208.97 million) digital project, saying the broadcaster failed to assess the initiative properly or provide adequate oversight of its progress.
* The stock market rose on Tuesday after three days of losses around the world as investors' worries about slowing growth in China and other emerging markets appeared to fade.
* As hedge funds sniff for even bigger payouts from banks, one hedge fund, Fir Tree Partners, is even trying to coax other investors out of participating in the $4.5 billion JPMorgan Chase settlement with private investors.
* J C Penney altered its poison pill plan on Tuesday as it seeks to defend itself against potential activist investors and preserve a tax benefit. The company lowered the threshold for its poison pill plan to 4.9 percent from 10 percent. It also said it had extended the plan until Jan. 26, 2017. The provisions were originally set to expire this August.
* The Chinese Internet giant Alibaba is looking to join the ranks of Google and Microsoft with an initial public offering that could give it a value of more than $100 billion. But the company's recent acquisition of the Hong Kong-listed company Citic 21CN shows just how much we still don't know about Alibaba and its business.
* Comcast Corp, the nation's largest cable provider and the owner of NBCUniversal, on Tuesday reported a sharp increase in profit for the fourth quarter of 2013, helped by an increase in television subscribers after six years of decline.
* The long-running boom in emerging markets came to be identified, if not propped up, by wide acceptance of the term BRICs, shorthand for the fast-growing countries Brazil, Russia, India and China. Recent turmoil in these and similar markets has produced a rival expression: the Fragile Five
Canada
THE GLOBE AND MAIL
* A national Muslim organization is demanding Prime Minister Stephen Harper publish a retraction and apology on his government website for a chief spokesman's comments that the group says linked it to terrorists. The National Council of Canadian Muslims, which is now challenging Harper to prove this allegation, has filed a notice of libel saying it intends to sue Harper and Prime Minister's Office director of communications Jason MacDonald for comments made earlier this month.
* Toronto homeowners should expect taxes to rise between 2.23 percent and 2.75 percent, say several city councillors involved in eleventh-hour negotiations to find the 23 votes needed to pass a 2014 budget this week. The final tax hike will be higher than the 1.75 percent recommended by the city's executive committee, most councillors agree.
Reports in the business section:
* Mobilicity is assessing two "serious" takeover offers as part of its sales process, with Telus Corp and Quebecor Inc emerging as the leading bidders for the struggling wireless carrier.
* BlackBerry Ltd has launched a new feature that it can boast even the latest iPhones don't have, FM radio. A new version of the BlackBerry 10 operating system, which the Waterloo, Ontario-based company says includes hundreds of enhancements and new features, started being rolled out on Tuesday by mobile carriers in Canada.
NATIONAL POST
* Ontario's lowest paid workers will get a raise this year when the $10.25 an hour minimum wage is hiked for the first time in four years, government sources said on Monday. A special advisory panel set up to look at ways of adjusting the minimum wage will recommend it be tied to the inflation rate, and that businesses get four months warning of any increases, said various sources.
* Veterans Affairs Minister Julian Fantino appeared to add insult to injury late on Tuesday in firmly rejecting the pleas of ex-soldiers to halt the impending closure of eight of the department's regional offices.
FINANCIAL POST
* Canadian airline stocks nosedived on Tuesday on fears the rapid decline in the loonie would undercut the earnings of Air Canada and WestJet Airlines Ltd. The Canadian dollar fell below 90 cents against the U.S. dollar on Tuesday as worries about emerging market economies continued.
* The chief executive of Osisko Mining Corp thinks the hostile bid for his company is not only bad for his shareholders, but negative for other investors in the gold mining space. Speaking at the TD Securities Mining Conference in Toronto, Sean Roosen said if offers as low as Goldcorp Inc's $2.6-billion hostile bid become acceptable in the sector, then it is hard to see how portfolio managers can make money investing in emerging growth stories like Osisko.
China
CHINA SECURITIES JOURNAL
- Market-oriented reform of China's system for initial public offerings (IPOs) can't be completed all at once, Xiao Gang, chairman of the China Securities Regulatory Commission, said at a Spring Festival "tea chat" with experts and researchers. The need for reform must be balanced with the need to maintain stability, he said.
SHANGHAI SECURITIES NEWS
- New loans from China's Big 4 commercial banks in January totalled 430 billion yuan through Jan. 26, the paper reported, citing an anonymous source, implying a forecast for total new loans from all banks of 1.1 trillion yuan for the full month.
CHINA BUSINESS NEWS
- Tencent Holdings Ltd's WeChat mobile app has added a new feature to allow users to send Spring Festival "red envelope" cash gifts to friends via the company's third-party payments service.
CHINA DAILY
- China's foreign ministry will set up a 24-hour help hotline this year with worldwide access for Chinese citizens who run into difficulties while travelling abroad, in an effort to strengthen consular assistance, Huang Ping, director of the ministry's department of consular affairs, told a news briefing.
PEOPLE'S DAILY
- China's disease control experts say that the H7N9 flu virus can't spread in crowds, which means that an outbreak of human infections during the Spring Festival is not a major risk.
Britain
The Telegraph
EMPHASIS WILL BE ON BRITISH JOBS IN NEW RAIL BIDS, SAYS SIEMENS DIRECTOR
Siemens, the controversial winner of a 1.5 billion pounds contract to make new Thameslink trains, says bidders for UK contracts feel they have to demonstrate how they will generate British manufacturing jobs.
LLOYDS PUSHES BUTTON ON 1.5 BILLION POUNDS-PLUS TSB FLOAT
Lloyds Banking Group has pushed the button on its 1.5 billion pounds-plus float of TSB after rejecting an 11th-hour approach from a group of institutional investors. TSB's management has begun meeting potential investors to ask them to back the pending flotation of the 631-branch business.
The Guardian
RAIL MINISTER CASTS DOUBT ON FUTURE OF UK MANUFACTURING
The rail minister, Stephen Hammond, has said there is little the Department for Transport can do to help Britain's recovering manufacturing industry as he unveiled a German-built train commissioned for London's rail network.
EX-CO-OP BANK CHAIRMAN PAUL FLOWERS ACED PSYCHOMETRIC TESTS- DEPUTY
Paul Flowers, the disgraced former chairman of the Co-Operative Bank, was appointed to the post because he did better than rival candidates in psychometric tests, the Treasury select committee of MPs was told on Tuesday.
The Times
UK INVESTS IN OFFSHORE WINDFARMS DESPITE COST
Britain has more offshore wind turbines than the rest of Europe combined, according to an industry report. More than 200 giant offshore turbines were connected to the grid last year, bringing the total around Britain's coast to 1,082. There are only 998 offshore turbines in the rest of Europe, according to the report by the European Wind Energy Association.
TREASURY TAKES AIM AT CARBON TAX TO CUT HOUSEHOLD BILLS
Treasury officials are working on plans to hold the rate of the carbon tax, which primarily penalises coal and gas plants and ultimately is paid for by consumers. The move comes in the wake of the government's decision in December to knock 50 pounds off energy bills after cutting other green levies.
Sky News
ECONOMY GROWS AT FASTEST RATE SINCE CRASH
The British gross domestic product (GDP) figure for the fourth quarter of 2013 stood at 0.7 percent, with growth for the full year reaching 1.9 percent. Output for 2013 reached its fastest annual rate of growth for six years, according to the Office for National Statistics.
LLOYDS CUTS 1,390 JOBS AMID STRATEGIC REVIEW
Lloyds Banking Group is cutting 1,080 jobs and outsourcing another 310 roles, the company has confirmed. It said the losses are part of the strategic review, previously announced in 2011. The company said 90 new roles would be created within the risk, operations and commercial departments.
Fly On The Wall 7:00 AM Market Snapshot
ECONOMIC REPORTS
Domestic economic events scheduled for today include:
FOMC Federal Funds Rate announcement scheduled for 2:00 pm ET
ANALYST RESEARCH
Upgrades
Aeropostale (ARO) upgraded to Neutral from Sell at Goldman
American Airlines (AAL) upgraded to Neutral from Underperform at BofA/Merrill
Cameron (CAM) upgraded to Buy from Hold at Societe Generale
Carrizo Oil & Gas (CRZO) upgraded to Neutral from Underperform at Credit Suisse
Electronic Arts (EA) upgraded to Buy from Neutral at BofA/Merrill
Freescale (FSL) upgraded to Strong Buy from Buy at Needham
IBERIABANK (IBKC) upgraded to Outperform from Market Perform at Raymond James
Illinois Tool Works (ITW) upgraded to Outperform from Market Perform at BMO Capital
Interactive Brokers (IBKR) upgraded to Outperform from Market Perform at Keefe Bruyette
Sally Beauty (SBH) upgraded to Outperform from Market Perform at Wells Fargo
Tableau Software (DATA) upgraded to Buy from Neutral at Goldman
Wal-Mart (WMT) upgraded to Outperform from Neutral at Credit Suisse
Downgrades
Alliance Resource (ARLP) downgraded to Outperform from Strong Buy at Raymond James
Apollo Education (APOL) downgraded to Underweight from Equal Weight at Barclays
BJ's Restaurants (BJRI) downgraded to Underweight from Overweight at Barclays
D.R. Horton (DHI) downgraded to Market Perform from Outperform at Keefe Bruyette
Digital Realty (DLR) downgraded to Underperform from Neutral at Macquarie
Francesca's (FRAN) downgraded to Sell from Neutral at Goldman
Teradata (TDC) downgraded to Sell from Neutral at Goldman
West Corp. (WSTC) downgraded to Equal Weight from Overweight at Barclays
Initiations
Apollo Global (APO) initiated with a Hold at Deutsche Bank
Blackstone (BX) initiated with a Buy at Deutsche Bank
Carlyle Group (CG) initiated with a Buy at Deutsche Bank
Gap (GPS) initiated with a Buy at Buckingham
KKR (KKR) initiated with a Hold at Deutsche Bank
Oaktree Capital (OAK) initiated with a Buy at Deutsche Bank
HOT STOCKS
Shell (RDS.A) to sell interest in offshore Brazil BC-10 for about $1B
Yahoo (YHOO) CEO said growth trend in mobile revenue 'promising,' CFO sees 'modest' decline in FY14 EBITDA; says no plans to fill COO position
Emerson Radio (MSN) retained Lazard Middle Market to evaluate strategic alternatives
Owens-Illinois (OI) said not expecting dramatic macro improvement in 2014
AT&T (T) expects Leap Wireless (LEAP) deal to close by end of Q1
WellPoint (WLP) increased quarterly dividend by 17% to 43.75c from 37.5c
EARNINGS
Companies that beat consensus earnings expectations last night and today include:
Evercore Partners (EVR), Jones Lang LaSalle (JLL), PolyOne (POL), Albemarle (ALB), Illumina (ILMN), Greenhill & Co. (GHL), Rexnord (RXN), Yahoo (YHOO), Werner (WERN), Amgen (AMGN), VMware (VMW), Electronic Arts (EA), AT&T (T)
Companies that missed consensus earnings expectations include:
WellPoint (WLP), Novartis (NVS), Triumph Group (TGI), RockTenn (RKT), Silgan Holdings (SLGN), Arthur J. Gallagher (AJG), Owens-Illinois (OI), Craft Brew (BREW)
Companies that matched consensus earnings expectations include:
Praxair (PX), Pericom (PSEM), RF Micro Devices (RFMD)
NEWSPAPERS/WEBSITES
Facebook’s (FB) open computer project adds Microsoft (MSFT), IBM (IBM), Bloomberg reports
Lenovo (LNVGY) would pay IBM (IBM) an 8% to 9% breakup fee, Bloomberg reports
JPMorgan (JPM) close to sale of commodities unit, Bloomberg reports
Barclays (BCS) plans to close 400 U.K. branches, Independent says
Qualcomm (QCOM) could face significant antitrust fine in China, Reuters reports
FDA: Bayer's (BAYRY) Aleve may carry lower cardiac risk than others, WSJ reports
Alibaba’s growth concerns weigh on Yahoo (YHOO), WSJ reports
Sprint (S) meets with DOJ on possible T-Mobile (TMUS) deal, WSJ reports
IBM (IBM) exploring potential sale of SDN business, Re/code says
Yahoo (YHOO) to shut down IntoNow, Anchor apps, TechCrunch reports
SYNDICATE
BankUnited (BKU) files to sell 8M common shares for holders
New Mountain Finance (NMFC) files to sell 2.33M shares for holders
North Atlantic Drilling (NADL) 13.514M share IPO priced at $9.25
Rexnord (RXN) files to sell 14M shares of common stock
TESARO (TSRO) files to sell $100M in common stock
Average:
Pre Market Movers
Top Gaining Stocks
Price %Change
VRNG Vringo Inc. 6.00 51.13%
OMER Omeros Corporatio... 14.41 28.32%
EZPW Ezcorp Inc. 11.00 17.65%
MDVN Medivation Inc. 87.00 14.81%
FSL Freescale Semicon... 17.00 11.11%
OMI Owens & Minor Inc... 39.00 10.92%
DOW Dow Chemical Co. ... 46.29 7.50%
ONVO Organovo 9.26 6.31%
AUDC Audiocodes Ltd. 7.30 5.49%
BCA Corpbanca S.a. Ad... 20.36 5.00%
PLUG Plug Power Inc. 2.82 4.83%
MPC Marathon Petroleu... 87.00 4.61%
EA Electronic Arts I... 26.01 4.58%
TSEM Tower Semiconduct... 6.27 4.50%
ASTC Astrotech Corpora... 3.05 4.45%
HTCH Hutchinson Techno... 4.19 4.23%
SVA Sinovac Biotech L... 6.49 4.17%
RIOM Rio Alto Mining L... 2.07 4.02%
VHC Virnetx Holding 18.88 3.96%
ARO Aeropostale Inc. ... 7.45 3.76%
Top Losing Stocks
Price %Change
RCON Recon Technology ... 4.37 -11.90%
PGNX Progenics Pharmac... 5.52 -10.97%
CRUS Cirrus Logic Inc.... 17.46 -6.83%
SVM Silvercorp Metals... 2.42 -6.20%
BTU Peabody Energy Co... 16.45 -5.02%
SSRI Silver Standard R... 7.50 -4.70%
YHOO Yahoo! Inc. 36.61 -4.21%
NMFC New Mountain Fina... 14.50 -3.40%
RES Rpc Inc. 18.25 -3.13%
PSX Phillips 66 72.78 -3.06%
T At&t 32.77 -2.76%
DHI D.r. Horton Inc. ... 22.41 -2.57%
ARIA Ariad Pharmaceuti... 7.85 -2.30%
NNBR Nn, Inc 17.39 -2.03%
TDC Teradata 43.01 -2.03%
PHG Koninklijke Phili... 35.17 -1.95%
APOL Apollo Group, Inc... 32.95 -1.93%
ILMN Illumina Inc. 141.75 -1.92%
WMC Western Asset Mor... 14.83 -1.92%
EMC Emc Corp. 24.90 -1.89%
Read more at http://thestockmarketwatch.com/markets/pre-market/#XKXWyVHoLPwas75Q.99
data:
MBA Purchase Applications
[Report][Bullet7:00 AM ET
EIA Petroleum Status Report
[djStar]10:30 AM ET
FRN 2-Yr Note Auction
[Bullet11:30 AM ET
FOMC Meeting Announcement <<<<<<< big
[Report][Star]2:00 PM ET
Futures -52
good morning
AAPL ~ Apple stock could fall 40%: Dohmen analyst
(9:35 AM ET) MADRID (MarketWatch) -- Apple Inc. AAPL +0.41% shares could see a near-40% fall following disappointing earnings reports, said Bert Dohmen, president and founder of Dohmen Capital Research Institute, in an interview with CNBC on Monday. Declining profit margins and a lack of technological innovation are behind his call. "Apple hasn't had any technlogical innovations since Steve Jobs left, and this is a company that's getting beaten by its competitors," Dohmen said. "Now, we hear the next big item (iPhone 6) is going to have a larger (screen) size. Samsung has had that for two years." Dohmen said they have been recommending investors don't buy the stock since six days after the top at $705 in September last year.