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Thursday, 10/05/2006 9:40:53 AM

Thursday, October 05, 2006 9:40:53 AM

Post# of 30810
More good news !!

http://www.antandsons.com/tradersradar/100506/

Trader’s Radar: Starbucks, Qwest, Sirius, Dobson

Thomas J. Catino
10/05/2006 8:00 AM EST
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Here are 4 stocks that trader's should put on their radar for today's trading session:

Starbucks Corp. (Nasdaq: SBUX) surged in yesterday’s after hours trading session on news that September store sales rose. Shares climbed Shares climbed $1.87 to $37.83, even after jumping $1.95 to $35.96 in Wednesday’s regular session. Starbucks said sales at stores open at least 13 months increased 6 percent, compared to the same period last year. Analysts were expecting a more moderate increase of 3.3 percent.

Qwest Communications Inc. (NYSE: Q) announced a $2 billion share repurchase program as shares hover near multi-year highs. The company announced that the buyback represents nearly 12 percent of the company’s equity capitalization. There are approximately 1.9 billion shares of Qwest common stock outstanding.

Sirius Satellite Radio Inc. (Nasdaq: SIRI) reported a net gain of 441,101 subscribers to reach a total of 5.1 million. Even though the company reaffirmed its target of reaching 6.3 million subscribers by the end of the year and also gained more subscribers than its competitor, shares still slipped. If analysts follow up with some ratings updates and commentary now that the latest subscriber count and future subscriber guidance has been released, look for the stock to move.

Dobson Communications Corp. (Nasdaq: DCEL), a rural wireless telephone service provider announced improved sales and added 23,500 subscribers in the third quarter, above its previous full-year guidance. It also reported that its customer churn rate fell. Shares finished up in heavy trading during the after hours session on the good news, ensuring that the positive momentum will most definitely spill into today’s trading session.


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