| Stocks to Watch: CORRECT: Stocks in focus for Friday | Show Article |
| Among the companies whose shares are expected to see active trade in Friday's session are Citigroup, Honeywell and Mattel. | |
| Unusual 11 Mid-Day Movers 7/16: BXC, ASYT, NWA, ODFL Higher; OESX, CBI, STX, NITE Lower | Show Article |
| StreetInsider.com Unusual 11 Mid-Day Movers: BlueLinx Holdings Inc. (NYSE: BXC) 38.7% HIGHER; expects to report second-quarter earnings per diluted share in the range of $0.18 to $0.24 on revenue of approximately $835 million, above the consensus of a $0.23 loss and revenues of $806 million. Orion Energy Systems, Inc. (Nasdaq: OESX) 38.3% LOWER; sees Q1 revs in the range of $16.1-$16.3 million, versus the consensus of $21.85 million. Given softer than anticipated Q1 revenues, Orion is revising its previously issued FY09 guidance to $101-$103 million, versus the consensus of $119.63 million. Asyst Technologies, Inc. (Nasdaq: ASYT) 29.7% HIGHER; received an | |
| Notable Mergers and Acquisitions of the Day 7/18 (MER, MSFT/YHOO, TEVA/BRL) | Show Article |
| StreetInsider.com Notable Mergers and Acquisitions of the Day: Merrill Lynch (NYSE: MER) completed the sale of its 20% ownership stake in Bloomberg, L.P. to Bloomberg Inc., for $4.425 billion, and as part of this transaction has entered into a long-term service agreement. Merrill Lynch is also in negotiations and has signed a non-binding letter of intent to sell a controlling interest in Financial Data Services, Inc., based on an enterprise value for FDS in excess of $3.5 billion. FDS is currently a wholly-owned subsidiary of Merrill Lynch and is a provider of administrative functions for mutual funds, retail banking products and other | |
| Pinnacle shares jump 38% on Delta deal | Show Article |
| SAN FRANCISCO (MarketWatch) -- Pinnacle Airlines Corp. shares surged more than 38% to $5.00 in early trades Friday after the carrier said a day earlier that it will continue to fly for Delta Air Lines as a Delta Connection carrier under its existing contract, which expires in 2017. Delta previously said it intended to cancel the contract at the end of month. Pinnacle's stock is still down 74% over the past year as the broader airline sector has come under pressure from the soaring cost of fuel. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. | |
| Pre-Open Movers 7/18: Citigroup (C) Jumps On Smaller Loss; SemGroup Energy Partners, L.P. (SGLP) Sinks On Parent's Possible BK Filing | Show Article |
| StreetInsider.com After-Hours Movers: SemGroup Energy Partners, L.P. (NASDAQ: SGLP) 28% LOWER; has been informed by SemGroup, L.P., SGLP's parent, that SemGroup, L.P. is experiencing liquidity issues and is exploring various alternatives, including raising additional equity, debt capital or the filing of a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code. Pinnacle Airlines Corp. (NASDAQ: PNCL) 17% HIGHER; announced that its Pinnacle Airlines, Inc. subsidiary will continue to fly for Delta Air Lines as a Delta Connection carrier under its existing contract, which expires in 2017. Delta previously served notice that it intended to terminate the contract, effective | |
| Dream of gas tax holiday faltered over job losses (AP) | Show Article |
| The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere. | |
| U.S. stocks lower again as financials falter | Show Article |
| NEW YORK (MarketWatch) -- U.S. stocks on Friday shed gains in early afternoon trade after the financials sector lost a bid to regain its footing after Citigroup Inc. reported smaller-than-expected losses but Merrill Lynch & Co. disappointed. The Dow Jones Industrial Average fell 1.38 points, to 11,445.28. The S&P 500 declined 5.15 points to 1,255.17, while the Nasdaq Composite shed 37.5 points to 2,274.8. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. | |
| Crude falls for fourth day; slumping 11% for the week | Show Article |
| SAN FRANCISCO (MarketWatch) -- Crude-oil futures fell for a fourth straight day Friday, extending this week's losses to more than 11%. Crude for August delivery fell 41 cents, or 0.3%, to end at $128.88 a barrel on the New York Mercantile Exchange. Futures have lost $16.2, or 11.2%, this week. This week's pullback was "huge," said Davies. It came as "the economic mess in the U.S. continues, which has hurt current and future forecasted demand for oil." Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. | |
| After-Hours Movers 7/17: Google (GOOG) Lower on Disappointing Results; Mattel (MAT) Up on Bratz Legal Victory | Show Article |
| StreetInsider.com After-Hours Movers: Evergreen Solar, Inc. (Nasdaq: ESLR) 11% LOWER; reports a Q2 loss of $0.08, 2 cents better than the analyst estimate of ($0.10). Revenues for the quarter were $18.1 million, versus the consensus of $22.14 million. Sees Q3 revs of $24.5-$25.5 million, versus the consensus of $26.5 million. Sees Q3 loss of $0.10, versus ($0.08). Informatica (Nasdaq: INFA) 8% HIGHER; reports Q2 EPS of $0.17, 1 cent better than the analyst estimate of $0.16. Revenues for the quarter were $113.8 million, versus the consensus of $109.91 million. Google (Nasdaq: GOOG) 7.9% LOWER; reports Q2 EPS of $4.63, 11 | |
| Chesapeake Energy CEO buys $43 mln in stock | Show Article |
| NEW YORK (MarketWatch) -- Chesapeake Energy Chairman and CEO Aubrey McClendon purchased 750,000 shares of his company at a price of $57.25 a share on July 15, according to a filing with the Securities and Exchange Commission. The market value of the purchased shares was about $43 million. He now owns 33.45 million shares, with a market value of about $1.9 billion. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. | |
