If you are flummoxed by the relationship between pre-market moves and market action when the market opens, then you are not alone.The movement in the e-mini futures has been volatile in the last half hour of trading, after the market closes and before the market opens. Given the lack of liquidity in the equity markets right now, it does not take a huge amount of trading in the e-minis to move t...
Results 1 - 10 of 109 for "PRE-MARKET"
This morning, Goldman Sachs has made two key technology changes to its Conviction Buy List. Research-in-Motion (NASDAQ: RIMM) was added to the praised list, and its price target is $68.00. Cisco Systems (NASDAQ: CSCO) was removed from the Conviction Buy List. RIMM is up over 1% pre-market, while Cisco is down over 1% before the open. Riverbed Tech (NASDAQ: RVBD) removed from the Conviction Sel...
XTL Biopharmaceuticals Ltd. (NASDAQ: XTLB) is an Israeli biotech player that most traders have not heard of. By the looks of the trading today, it doesn't look like shareholders will get to hear about it for too much longer either. The company stumbled on a Phase II test, and that may be all she wrote.The company has announced that the top-line results from its Bicifadine Phase IIb clinical tr...
Updated 10:00 a.m. Jerry Yang isn’t formally stepping down as Yahoo’s chief executive until a successor is found, but Wall Street is already throwing him a going-away party — to the tune of $2.3 billion. That’s how much Yahoo’s market value increased in pre-market trading Tuesday morning, as investors reacted to the previous night’s ne...
Corning Inc. (NYSE: GLW) is making a presentation this morning at a UBS conference, and it is adding more negative sentiment on top of what was already there. CFO James Flaws said the company is withdrawing its previously given guidance for this fourth quarter.Flaws noted that panel makers (particularly in Taiwan) have continued to reduce capacity in the second half of this quarter due to weak...
Hewlett-Packard Company (NYSE: HPQ) is trying to save technology stocks this morning all on its own. Or that is how it seems with its guidance. The company issued preliminary guidance for its fourth quarter-end in October with revenues of roughly $33.6 billion and $1.03 non-GAAP EPS. Thomson Reuters (First Call) had estimates at $33.09 billion in revenues and $1.00 EPS. The company is also giv...
Yang leaves Yahoo. Jerry Yang, Yahoo's (YHOO) beleaguered chief executive, will step down from his role as CEO as soon as the board can find a replacement. He will return to his previous role as Chief Yahoo where he will focus on strategy and technology. Yang was widely blamed by investors when a Microsoft (MSFT) bid fell through. Under his leadership, Yahoo also saw a search partnership with ...
Filed under: Employees, Citigroup Inc. (C), Goldman Sachs Group (GS)Vikram Pandit, Citigroup (NYSE: C)'s CEO, is set to announce an even bigger round of job cuts this morning. (This round may supercede the potential 10,000 layoffs announced last Friday.) Will these cuts help revive Citi? No. But they may lower its cash burn rate by $50 billion in 2009. And investors are not impressed, sending i...
Top Pre-Market Analyst Downgrades (ANF, ATVI, AA, CB, DELL, ERTS, FCX, MTL, STP)
Mon, Nov 17, 7:36 AM ET
These are the top research downgrades and negative analyst calls we are seeing this Monday morning with more than two hours to the open: Abercrombie & Fitch (ANF) Cut to Market Perform at FBR. Activision Blizzard (ATVI) Cut to Neutral at Merrill Lynch. Alcoa (AA) Cut to Neutral at UBS. Chubb (CB) Cut to Equal Weight at Barclays. Dell (DELL) Cut to Neutral at Merrill Lynch. Electronic Arts (...
24/7 Day Trading Alerts: Strip Club, Naked Lady Stock Rocks (RICK)(WYNN)(NOK)(TXN)(QCOM)(ERIC)
Fri, Nov 14, 9:51 AM ET
Rick’s Cabaret (RICK) may be in a business which many investors disapprove of. It runs strip clubs. Nonetheless, the stock is soaring today. Another vice stock, Wynn (WYNN) is trading heavy on a new stock offering. After Nokia's warning that global handset sales have gone to hell, stocks in the sector including Texas Instruments (TXN), Qualcomm (QCOM), and Ericsson (ERIC) are having a bad day. ...