News >> 9:26AM Gapping Down : Gapping down on disappointing earnings/guidance: ADTN -12% (lowers guidance only), NT -5.5% (also to delay 10-K), HIBB -5.1%... Other News: EXFO -5.2% (hearing boutique downgrade; also profit taking after recent huge move), JBLU -4.9% (Pru downgrade), VEGF -4.8% (prices offering), CATG -3.4%, HMY -3.3%, ADCT -3.1% (extends recent slide), BGO -2.9%, RACK -2.8% (prices offering), BNT -2.7% (Roth downgrades to Sell), RMBS -2.5% (bulls face a legal crapshoot - WSJ), T -2.5%, HXL -2.3% (prices offering)... Under $3: TGEN -19% (stock offering), INSM -5%, MOVI -3.9% (being replaced in S&P 600 Index).
9:22AM On The Wires : Stonepath Group (STG) announces that it has been awarded a significant transportation contract by the US Military Surface Deployment and Distribution Command to support its less-than- truckload surface transportation requirements throughout North America. The contract guarantees a minimum of $345,000 in revs with a potential of up to $21 mln in revs over a 3 yr period... Golar LNG (GLNG) announces that Gary Smith has been recruited as the new CEO of Golar Mgmt; Smith will effectively replace Troeim as CEO of Golar by April 1.
9:17AM S&P futures vs fair value: +4.2. Nasdaq futures vs fair value: +2.0. :
9:11AM Gapping Up : Gapping up on strong earnings/guidance: TRMS +14%, FTEK +10%, UDRL +7.1%, NUE +3.9% (guides higher; up in sympathy: STLD +4.8%), ANN +3.3%, ARO +3.3%, MCDTA +2.5%... Other News: ALTI +5.3% (signs battery technology marketing agreement with Impro), OSIS +5.1% (Mad Money mention), NWRE +4.6% (to be added to the S&P SmallCap 600), OXPS +3.5% (broker upgrade), KGC +3.2%, SHPGY +2.9% (announces FDA confirmation of co's resubmission for Daytrana), AMCC +2.3% (Mad Money mention), FNSR +2.3% (momentum), COH +2.3%, NYX +2.1% (momentum), UVN +2.1% (may have new suitor - NY Times), NOVL +1.7% (First Albany upgrade), HANS +1.3% (Longbow raises tgt to $131), FORM +1.2% (prices offering), AOB +11%... Under $3: STG +21% (military contract), AVNX +13% (broker upgrade), PFSW +7.4% (momentum), NXXI +5% (momentum).
My posting is for my own entertainment, do your own DD before pushing your buy/call button