Good morning. Premarket trading has been volatile ahead of the opening bell as investors digest a better than expected report from Wal-Mart with a hotter than expected Consumer Price Index. First-time applications for state unemployment benefits fell by 10,000 in the latest week to 450,000. With strength in overseas markets, premarket futures had a positive bias earlier but fell following the r...
Results 1 - 7 of 7 for "DNDN"
Good morning. The market remains under pressure this morning as investors sort through a number of mixed earnings reports & data. Namely, higher oil prices, surging import prices, and disappointing retail sales are in focus. Premarket gainers: LDG, CREE, NVDA, ININ, PWAV, BRCD, AMAT, MHGC, RAD, AAUK, DROOY, GSS, FLY, ACOR, ELX, ATI, PLCM, SLW, & HL. Premarket losers: TWB, HQS, WCG, CSIQ, DE, GS...
UBS posts Q2 loss, plans to restructure. Swiss banking giant UBS (UBS) reports a Q2 net loss of CHF358M ($329M), including $5.1B in writedowns. Looking ahead to the second half, UBS says it doesn't expect any improvement "in the adverse economic and financial market trends that affected this quarter's results," adding, "UBS will continue its program to reduce personnel levels, costs and risk."...
Today’s tickers: IBB, DNDN, SQNM, HGSI, MOT, GRA, IP, CDE, EMC, HOLX IBB, - News of Bristol-Myers Squibb’s bid to acquire ImClone excited traders about the many and varied possible M&A configurations in the sector (and helped the sector shake off yesterday’s killjoy Alzheimer’s drug data from Elan and Wyeth). Shares in the iShares Nasdaq Biotech Index – which numbers biotech heavies Amgen, ...
Today’s tickers: IBB, DNDN, SQNM, HGSI, MOT, GRA, IP, CDE, EMC, HOLX IBB, - News of Bristol-Myers Squibb’s bid to acquire ImClone excited traders about the many and varied possible M&A configurations in the sector (and helped the sector shake off yesterday’s killjoy Alzheimer’s drug data from Elan and Wyeth). Shares in the iShares Nasdaq Biotech Index – which n...
Gapping Up: UAUA (other airlines in sympathy DAL, CAL, AMR) FRE, FNM, FHN, ILMN, ISRG, INFN, WHR, WLP, UNH, MCDGapping Down: COST, BJ, VMW, AUY, GFI, ABFS, ADCT, CHRW, ZMH, DNDN
Good morning. We start another day with disappointment over the last batch of earnings reports. As you probably already know, a number of well-known companies (including AXP, AAPL, WB among many others) either reported earnings that missed expectations and/or offered very disappointing guidance. In addition, many executives expressed extremely cautious comments about the economy and their busin...