Replies to post #70504 on Options Wonderland

[langlui]

ups and downs...check out IVAN + 13%

Read more: http://www.briefing.com/Platinum/InDepth/InPlay.htm#ixzz2O5XAykI0

09:01 STEM StemCells acquires a patent family claiming GFAP+ Nestin+ cells from NSGene A/S (1.78 )
Co announced that it has acquired from NsGene A/S, a privately held Danish biotechnology company, a patent family claiming GFAP+ Nestin+ cells, including U.S. Patent Nos. 6,878,543 and 7,303,912 and European patent application 00973148. GFAP and Nestin are proteins that are co-expressed by certain key cells found in the human central nervous system.

Each patent claims a cell culture of undifferentiated GFAP+ Nestin+ cells wherein one or more cells have the capacity to differentiate into neurons and glia as do many neural stem and progenitor cells described by researchers. The invention claimed by the patents resulted from research conducted at NsGene while in pursuit of cell-based treatments for Parkinson's disease. The terms of the patents extend into 2020 and 2021.

Read more: http://www.briefing.com/Platinum/InDepth/InPlay.htm#ixzz2O5WwJDxj
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08:28 SUMRX Gapping up/down: WSM +5.1%, ADBE +5.1%, LEN +1.4% on earnings/guidance, financial names higher... FDX -4.0% on earnings/guidance, STP -39.4%
Gapping up:
In reaction to strong earnings/guidance: WSM +5.1%, ADBE +5.1% (also announces Adobe Creative Cloud has exceeded 500,000 paid individual members), FRAN +4.3%, LEN +1.4%, AIR +0.7%, (light volume).

M&A related: OMPI (halted, Valeant Pharmaceuticals to acquire Obagi Medical Products, Inc. For $19.75 per share in cash), SPLS +1.8% (Intrepid Capital Funds President says SPLS is a "bite size" acquisition for a P/E firm; notes valuation, cash holdings and that financing would be available).

Select financial related names showing strength: NBG +4.4%, RBS +2.9%, SAN +2.9%, ING +2.2%, MS +1.5%, DB +0.8% (increases provisions for litigation by EUR0.6 bln to EUR2.4 bln), .

A few oil/gas related names showing strength on company specific news: CIE +6.5% and APC +2.4% (Shenandoah Appraisal Well Encounters More Than 1,000 Net Feet of Oil Pay), COP +1.2% (ConocoPhillips Announces Significant Oil Discovery in Deepwater Gulf of Mexico and Provides Program Update).

Other news: GEVO +16.5% (continued strength on patent lawsuit win), EAC +14.9% (Announces Acquisition of Evergreen Helicopters for $250 mln; acquisition is expected to be immediately accretive to EAC's EPS), GTI +5.4% (CEO discloses purchase of 40K shares at $7.32; CFO discloses purchase of 14K shares at $7.27),RENN +4.4% (still checking), PSTI +3.4% (reports on the progress of its Phase I/II clinical trial for the treatment of muscle injury), TRLG +3.1% ( announces leadership transition plan: Jeffrey Lubell to Step Down as CEO, Lynne Koplin Interim CEO; review of strategic alternatives remains ongoing).

Analyst comments: PLCM +6.1% (upgraded to Buy fom Neutral at Goldman), BBRY +6% (upgraded to Overweight from Equal-Weight at Morgan Stanley ), WAC +4.9% (upgraded to Buy from Neutral at Sterne Agee), SPRD +2.9% (ticking higher, upgraded to Buy from Hold at Jefferies), WAG +2.1% (upgraded to Buy from Sell at Citigroup, upgraded to Overweight from Neutral at JPMorgan), CMI +1.2% (upgraded to Outperform from Market Perform at William Blair), BBY +0.8% (resumed with an Outperform at Credit Suisse), WFM +0.4% (initiated with a Market Perform at Raymond James)

Gapping down:
In reaction to disappointing earnings/guidance: FTEK -8.3%, FDX -4.0%, CTAS -2%, GTIV -0.9%, GIS -0.9%, CNW -0.9%, ( issues Q1 update: Weight per day in the first quarter of 2013 is expected to be down approximately 1.5%), .

Select solar stocks trading lower following STP news: STP -39.4% (confirms group of eight Chinese banks filed a petition for insolvency and restructuring of its Chinese subsidiary Wuxi Suntech Power Holdings; parent co STP has not commenced insolvency proceedings), YGE -1.7%, FSLR -0.5%, SPWR -0.5%, LDK -0.4% .

Other news: PKY -22.5% (announces pricing of public offering of 11 mln shares of common stock at $17.25 per share), MXWL -5.9% (files to delay filing of 10-K, downgraded to Neutral from Overweight at Piper Jaffray), VOD -4.3% (reports out discuss company comments on potential lower debt ratings and acquisition pursuit), MEMP -3.9% (commenced an underwritten public offering of 8,500,000 common units representing limited partner interestst), NMFC -3% (commences primary offering of 2,000,000 shares of common stock and secondary offering of 4,000,000 shares of common stock on behalf of selling stockholder), RLJ -2.8% (announces public offering of 11.5 mln common shares of beneficial interest), CHK -1.8% and VLO -0.7% (still checking), X -1% (announced its intention to offer, subject to market and other conditions, $250 million aggregate principal amount of senior convertible notes due 2019 and $250 million aggregate principal amount of senior notes due 2021), MBI -1.2% (MBIA mentioned cautiously in NYPost story), UPS -1% (down on FDX results), EXXI -0.6% (Energy XXI announces Gulf of Mexico Joint Venture with Apache and provides operations update), HE -0.4% (prices 6.1 mln shares of common stock at $26.75 per share), CSII -0.2% (prices 2 mln share offering at $17.60 per share), .

Analyst comments: ZNGA -3.5% (downgraded to Neutral from Buy at BofA/Merrill ), DE -0.9% (downgraded to Underperform from Market Perform at Wells Fargo).

[langlui]

Wednesday
On Wednesday, the MBA mortgage index and regularly scheduled crude inventories report will demand investors' attention in the morning. Meanwhile, it's all about the Fed in the afternoon, with the Federal Open Market Committee (FOMC) concluding its two-day summit. At 2 p.m. Eastern, the central bankers will unveil both their interest rate decision and quarterly economic projections, with Chairman Ben Bernanke slated to hit the mic at 2:30 p.m. Elsewhere, FedEx (FDX), Actuant (ATU), General Mills (GIS), Jabil Circuit (JBL), Lennar (LEN), Oracle (ORCL), and Pacific Sunwear (PSUN) will take to the earnings stage.