Jim Cramer Blog

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Learning Tree International (NasdaqGM:LTRE - News). LTRE's PowerRating (for Traders) is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
iShares Lehman 7-10 T-Bonds (AMEX:IEF - News). IEF's PowerRating (for Traders) is 6.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Layne Christensen (NasdaqGS:LAYN - News). LAYN's PowerRating (for Traders) is 6.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Circuit City (NYSE:CC - News). CC's PowerRating (for Traders) is 2.
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Campbell Soup (NYSE:CPB - News). CPB's PowerRating (for Traders) is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Leap Wireless (NasdaqGS:LEAP - News). LEAPs PowerRating (for Traders) is 1.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Jabil Circuit (NYSE:JBL - News). JBL's PowerRating (for Traders) is 2.
Published By TradingMarkets.com

Labels: CC, CPB, IEF, JBL, LAYN, LEAP, LTRE, Stocks to Watch

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Synovis Life Technologies (NasdaqGM:SYNO - News). SYNO's PowerRating (for Traders) is 6.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Seabridge Gold (NYSE:SA - News). SA's PowerRating (for Traders) is 7.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Acuity Brands (NYSE:AYI - News). AYI's PowerRating (for Traders) is 2.
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Bob Evans (NasdaqGS:BOBE - News) & Campbell Soup (NYSE:CPB - News). BOBE's PowerRating (for Traders) is 2, and CPB's PowerRating (for Traders) is 4.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Vail Resorts (NYSE:MTN - News). MTN's PowerRating (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Published By TradingMarkets.com

Labels: AYI, BOBE, CPB, MTN, SA, SYNO, Trading Ideas

All three major indices ended significantly lower for the day, as a Citigroup (NYSE: C - News) downgrade fueled financial sector concerns and Lowe's (NYSE: LOW - News) disappointed investors with its outlook. The Dow was off -218 points at the bell to close at 12,958. Meanwhile, the Nasdaq and S&P each lost more than -1.5% to end at 2,593 and 1,433, respectively. Oil traded higher on the day to close at $94.64 per barrel for December delivery. Treasury prices rose, while the price of gold fell to close at $778 an ounce. The dollar traded flat against the euro, and declined versus the yen.
On the earnings front, shares of Lowe's plunged -7.6% on the day after the company reported that profits fell -10% in the third quarter. For the period, net income was $643 million, or 43 cents per share, down from $716 million, or 46 cents per share, last year. Quarterly revenue rose to $11.6 billion, up 3% from $11.2 billion a year earlier. On average, analysts were expecting earnings of 41 cents per share on revenue of $11.78 billion. Looking forward, Lowe's adjusted its fiscal-year earnings forecast lower to a range of $1.83-$1.87 a share, down from previous guidance of $1.97-$2.01 per share given in September.
Campbell Soup (NYSE: CPB - News) reported first-quarter earnings today of $270 million, or 70 cents per share, down from $291 million, or 72 cents per share, a year ago. Excluding last year's results from operations that have since been jettisoned, profit was up $1 million from $269 million reported a year earlier. Revenue for the quarter was $2.3 billion, up 6.7% from $2.15 billion in 2006. Analysts, on average, were looking for earnings of 71 cents per share. Shares of Campbell's were off -0.9% in trading for the day.
In other corporate news, shares of Citigroup tumbled -5.9% after a Goldman Sachs analyst downgraded the stock and predicted the company could write down an additional $15 billion over the next two quarters. The Goldman analyst also predicted that the nation's largest bank may be forced to cut its dividend in order to save money. Subscribers can read our take on Citigroup in today's edition.
Elsewhere, Xerox (NYSE: XRX - News) announced today that the company will pay its first quarterly cash dividend in nearly six years. According to the release, the company will pay a dividend of 4.25 cents per share on January 31st to shareholders of record on December 31st. Xerox also predicted the company will see double-digit earnings growth over the next few years. Shares of Xerox were up 1.6% for the session.
In M&A news, Celgene (Nasdaq: CELG - News) announced that it will acquire drug developer Pharmion (Nasdaq: PHRM - News) in a cash and stock deal worth approximately $2.9 billion. According to terms released, Celgene will pay $72 per share for Pharmion stock, including $25 per share in cash. The deal represents a 46% premium over Pharmion's closing price on Friday. After the deal closes, Pharmion shareholders will hold approximately 6% of Celgene's outstanding shares. Pharmion's stock surged on the news to close up 32.1% on the day, while shares of Celgene were down -1.4% at the bell.
By the BullMarket.com Staff

Labels: C, CELG, CPB, LOW, PHRM, XRX

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Campbell's Soup (NYSE:CPB - News) reports earnings on Monday morning before the bell, with analysts looking for $0.71 EPS. CPB's PowerRating (for Traders) is 5.
When Lowe's (NYSE:LOW - News) announces earnings on Monday, be watching for $0.41 EPS. LOW's PowerRating (for Traders) is 4.
Valspar (NYSE:VAL - News) is set to report $0.40 EPS on Monday morning. VAL's PowerRating (for Traders) is 4.
Tween Brands (NYSE:TWB - News) should announce $0.46 EPS before the bell rings on Monday. TWB's PowerRating (for Traders) is 4.
Hewlett-Packard (NYSE:HPQ - News), Medtronic (NYSE:MDT - News) and Nordstrom (NYSE:JWN - News) all report earnings after the close on Monday, so watch for heightened volatility ahead of the bell. HPQ's PowerRating (for Traders) is 5, and MDT's PowerRating (for Traders) is 5 and JWN's PowerRating (for Traders) is 4.

Labels: CPB, Hot Stocks, HPQ, JWN, LOW, MDT, TWB, VAL

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Carnival (NYSE:CCL - News). CCL's PowerRating (for Traders) is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Pharmaceutical HOLDRS (AMEX:PPH - News). PPH's PowerRating (for Traders) is 6.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
L1 Identity Solutions (NYSE:ID - News). ID's PowerRating (for Traders) is 9.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Apogee Enterprises (NasdaqGS:APOG - News). APOG's PowerRating (for Traders) is 7.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
RCN Corporation (NasdaqGS:RCNI - News). RCNI's PowerRating (for Traders) is 1.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Campbell Soup (NYSE:CPB - News). CPB's PowerRating (for Traders) is 4.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
LJ International (NasdaqGM:JADE - News). JADE's PowerRating (for Traders) is 4.
Published By TradingMarkets.com

Labels: APOG, CCL, CPB, Hot Stocks, ID, JADE, PPH, RCNI

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Cooper (NYSE:COO - News) beat earnings on Thursday afternoon, announcing $0.76 EPS versus expectations of $0.69. COO's PowerRating (for Traders) is 4.

National Semiconductor (NYSE:NSM - News) beat expectations Thursday, with $0.30 EPS over $0.25 EPS. NSM's PowerRating (for Traders) is 5.
Merck (NYSE:MRK - News) gained around 2% after announcing that the Supreme Court has reversed an unfavorable ruling, which would have granted health organizations and insurers the right to consolidate lawsuits against the pharmaceutical giant. MRK's PowerRating (for Traders) is 5.
Apple (NasdaqGS:AAPL - News) announced that its 8GB iPhone will drop in price from $599 to $399, prompting investors to question overall consumer demand for the product. AAPL's PowerRating (for Traders) is 5.
Major retailers reported better-than-expected sales on Thursday. Wal-Mart (NYSE:WMT - News) reported a 2.5% rise in same store sales from last year, while Target (NYSE:TGT - News) same store sales were up 6.1%. WMT's PowerRating (for Traders) is 5, and TGT's PowerRating (for Traders) is 6.
Despite reporting a 39% increase in Q4 profit, Campbell Soup (NYSE:CPB - News) fell over 3% on Thursday. CPB's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AAPL, COO, CPB, Hot Stocks, MRK, NSM, TGT, WMT

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
ADC Telecom (NasdaqGS:ADCT - News) beat earnings expectations on Wednesday, announcing $0.37 EPS over an expected $0.23 EPS. ADCT's PowerRating (for Traders) is 4.

J. Crew (NYSE:JCG - News) also beat earnings, with $0.32 EPS over a consensus of $0.29 EPS. JCG's PowerRating (for Traders) is 6.
Campbell Soup (NYSE:CPB - News) announces earnings on Thursday before the market opens, with analysts looking for $0.18 EPS. CPB's PowerRating (for Traders) is 4.
CDC Corporation (NasdaqGM:CHINA - News) should report $0.09 EPS on Thursday morning before the bell. CHINA's PowerRating (for Traders) is 4.
Analysts are watching for Jackson Hewitt (NYSE:JTX - News) to report -$0.46 EPS on Thursday morning before the market opens. JTX's PowerRating (for Traders) is 4.
When Jos. A. Bank (NasdaqGS:JOSB - News) announces its quarterly earnings report on Thursday morning, look for $0.44 EPS. JOSB's PowerRating (for Traders) is 3.
UTI Worldwide (NasdaqGS:UTIW - News) is set to report $0.27 EPS on Thursday morning. UTIW's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ADCT, CHINA, CPB, Hot Stocks, JCG, JOSB, JTX, UTIW

Corning (NYSE: GLW - News): ' ... you want fiber... if you want voice, video... you have to go with Corning ... they're talking about the venerable fiber that Verizon is going to be using from GLW to snake in and out of apartments...'Microsoft (NasdaqGS: MSFT - News)Oracle (NasdaqGS: ORCL - News)Campbell Soup (NYSE: CPB - News): 'If anybody is possible to get a takeover bid, then CPB could do it. On the fundamentals, it's okay.'Invitrogen (NasdaqGS: IVGN - News): 'A very hot stock. Nucleic acids, enzymes. It does some pretty cool stuff...'Nastech Pharmaceutical (NasdaqGM: NSTK - News): 'I took a lot of heat from the shorts, telling me that I was dead wrong... and they're wrong. NSTK is your speculative play. It has obesity. It has autism. It's got the special nasal way to get delivery for these things... It's got diabetes.'Schlumberger (NYSE: SLB - News): ' ... when they put Schlumberger on sale... when they make SLB 17x earnings, I'm going to send you to best of breed. That's my predilection.'Cameron International (NYSE: CAM - News): 'This stock was down 4. I like it.'Expeditors International (NasdaqGS: EXPD - News): 'It hit a 52-week high today. People always think about freight. They should be worried about logistics and freight. That's what EXPD does.'Allegheny Tech (NYSE: ATI - News): 'I need you to be in ATI under $100.'Progressive (NYSE: PGR - News): 'They're buying these high-quality pieces of paper that are yielding great. The earnings are going to explode for PGR!'Prudential Financial (NYSE: PRU - News)MetLife (NYSE: MET - News)AllState (NYSE: ALL - News)Bearish calls:Synopsys (NasdaqGS: SNPS - News): 'Look, it's tech, so my bias is to like it but, if I'm going to be in software, I want to go into the biggest possible names, with the best balance sheets.'CommScope (NYSE: CTV - News)Southern Copper (NYSE: PCU - News): '... $90 before I would buy it, and the reason why is the holders are so bad... But this one has a 6% dividend. When it gets down to my level ... that's your chance to pull the trigger.'Coach (NYSE: COH - News):'COH has come down a lot, but I want to be careful. I'm not going to pull the trigger.'Family Dollar (NYSE: FDO - News): 'The FDO numbers were so bad that I'm making a prediction right here, right now, that Dollar General will be the first private equity deal to go bust.'Tribune (NYSE: TRB - News)Titanium Metals (NYSE: TIE - News): 'I don't want you messing with TIE.'
Published by SeekingAlpha

Labels: ALL, ATI, CAM, CPB, EXPD, GLW, IVGN, Jim Cramer, Lightning Round, MET, MSFT, NSTK, ORCL, PGR, PRU, SLB

Stocks dropped hard from the onset of the trading session as global equity markets fell after credit woes hit foreign indexes. Losses were extended towards the closing bell, with the Dow Jones Industrials falling -387 points at the close, while the Nasdaq lost -56 points and the S&P retraced -44 points on the session. Treasuries rose sharply on the news, with the yield on the 10-year note ending at 4.79%. Over in the energy complex, natural gas was the only gainer, rising 36 cents to $6.58.
Company news from foreign markets hit home today, as France's largest bank, BNP Paribas SA, halted withdrawals from three investment funds because it could not fairly value its holdings after the U.S. subprime mortgage market roiled credit markets. As of August 7th, the company said those funds had assets of $2.2 billion, but those values declined -20% in the past two weeks. The news prompted the European Central Bank (ECB) to infuse 95 billion euros into the overnight lending market. On the home front, a $1.8 billion quantitative hedge fund managed by Highbridge Capital Management, a unit of JP Morgan Chase (NYSE: JPM - News), has lost -5.3% so far this month as credit markets continue to feel the heat.
On the earnings front, one of the world's largest insurers American International Group (NYSE: AIG - News) reported net income of $4.28 billion, or $1.64 a share, up from $3.19 billion, or $1.21 last year. Excluding hedging activities and other investment gains and losses, it said it earned $4.63 billion, or $1.77 a share, easily topping estimates of $1.61 a share. Revenues climbed 16% to $31.15 billion. The insurer cited strong performance in its general insurance business as well as life and retirement services. Strong results could do little for shareholders on this day, as shares fell -3.3%. Subscribers can read our analysis of American International Group's earnings in today's issue.
Elsewhere, media giant News Corp (NYSE: NWS - News), fresh off its acquisition of Dow Jones (NYSE: DJ - News), reported a 4% rise in fiscal fourth-quarter earnings. For the quarter just ended, the company earned $890 million compared to last year's $852 million. Excluding discontinued operations in the year-ago period, profits rose 22% on a per share basis to 28 cents per share, up from 23 cents in the same period a year ago. Revenues rose 9% to $7.37 billion. The company cited higher cable networks results for the increased profits.
In other news, home improvement retailer Home Depot (NYSE: HD - News) shares fell -5.3% after the company said it may have to reduce its price tag and restructure its planned $10.3 billion sale of its contractor supply business to a group of private equity companies. It also said it is scaling back its planned stock repurchase program due to the possible reduction in price for the unit.
Food giant Campbell Soup (NYSE: CPB - News), meanwhile, has hired Centerview Partners to help it explore strategic alternatives for its Godiva Choclatier business. Shares fell -4.6% on the session.
By the BullMarket.com Staff

Labels: AIG, CPB, DJ, HD, JPM, NWS

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Campbell Soup (NYSE:CPB) reports earnings on Monday morning before the bell; watch for $0.41 EPS. CPB's PowerRating is 5.
Lowe's (NYSE:LOW) reports earning Monday before the market opens, with analysts looking for $0.50 EPS. LOW's PowerRating is 5.
When Saks (NYSE:SKS) announces quarterly earnings Monday morning, be looking for $0.16 EPS. SKS's PowerRating is 6.
Analysts expect Trina Solar (NYSE:TSL) to report $0.15 EPS in quarterly earnings before the bell on Monday. TSL does not have a PowerRating due to its short trading history.
American Science & Engineering (NasdaqGM:ASEI), Apollo Group (NasdaqGS:APOL) and Pacific Sunwear (NasdaqGS:PSUN) all report earnings on Monday after the market closes, so watch for heightened price action and volatility ahead of the close. ASEI's PowerRating is 5, APOL's PowerRating is 4 and PSUN's PowerRating is 5.
PowerRatings are courtesy of PowerRatings.net

Labels: APOL, ASEI, CPB, Hot Stocks, LOW, PSUN, SKS, TSL

Allied Waste Industries Inc. (NYSE:AW - News) reported fourth-quarter net income of $9.8 million, or break-even measured in per-share results, down from $66.7 million, or 15 cents a share, a year ago.

Shares of Bright Horizons Family Solutions Inc. (NasdaqGS:BFAM - News) gained ground after the Boston-based provider of child care and early education reported fourth-quarter net earnings of $11 million, or 41 cents a share, up from $9.8 million, or 35 cents a share, in the year-ago period. Revenue rose to $181.3 million from $163.1 million. Analysts polled by Thomson Financial were expecting a per-share profit of 39 cents on revenue of $181.9 million.
Bsquare Corp. (NasdaqGM:BSQR - News) reported fourth-quarter net earnings of $706,000, or 7 cents a share. During the same period a year ago, the company posted a net loss of $246,000, or 3 cents a share.
Buffalo Wild Wings (NasdaqGS:BWLD - News) said quarterly net income rose, as revenue gained, to $6.8 million, or 77 cents a share, from $2.62 million, or 30 cents a share, during the same period in the prior year. Analysts polled by Thomson Financial were looking for per-share earnings of 53 cents. The Minneapolis-based operator of restaurants said quarterly revenue rose to $83.3 million from $59 million in the prior year, while Wall Street was looking for $81 million.
Campbell Soup Co.'s (NYSE:CPB - News) fiscal second-quarter net income rose to $285 million, or 72 cents a share, from $254 million, or 61 cents a share, a year ago. Excluding items, earnings were 68 cents a share for the quarter. A Thomson Financial survey of analysts, on average, predicted earnings of 63 cents a share for the quarter. Analysts' estimates usually exclude items. The Camden, N.J., food company said sales for the quarter ended Jan. 28 rose 4.3% to $2.25 billion from $2.16 billion a year earlier. The company raised its fiscal 2007 forecast for EPS growth from continuing operations to 10% to 12% from 5% to 7%.
Cascade Corp. (NYSE:CAE - News) was tabbed to replace ElkCorp in the S&P SmallCap 600 index. ElkCorp is being acquired by Building Materials Corp. of America.
Chipotle Mexican Grill (NYSE:CMG - News) said more customers eating at its restaurants helped feed fourth-quarter results that were far better than Wall Street's expectations. Denver-based Chipotle -- ending its first fiscal year as a public company -- said it made $10.8 million, or 33 cents a share, for the quarter compared with last year's profit of $4.26 million, or 16 cents a share.
Compass Bancshares (NasdaqGS:CBSS - News) agreed to be acquired by BBVA (NYSE:BBV - News) for $9.6 billion. Compass holders will be able to get either 2.8 BBVA U.S.-listed shares or $71.82 in cash. BBVA said the deal is at a 16% premium to Compass' average price over the last ten days. BBVA said U.S. operations will represent about 10% of the group's operation.
DaimlerChrysler (NYSE:DCX - News) shares advanced following a report that the company is in talks to sell its Chrysler Group business to General Motors (NYSE:GM - News), according to industry trade publication Automotive News.
Ditech Networks (NasdaqGM:DITC - News) reported fiscal third-quarter earnings of $2 million, or 6 cents a share, up from a year-ago loss of $100,000, or breakeven on a per share basis. On a non-GAAP basis, the Mountain View, Calif., maker of voice processing equipment earned $3 million, or 9 cents a share, in the latest quarter. Looking ahead, Ditech said it expects revenue to rise 5% in the fourth quarter from its third-quarter total of $22.1 million.
Fieldstone Investment Corp. (NasdaqGS:FICC - News) has agreed to be purchased for $5.53 a share in cash, a premium of $2.93 a share, or 112% over its closing price of $2.60 a share on Thursday. The buyers are Credit-Based Asset Servicing and Securitization LLC (C-BASS); an affiliate of MGIC and Radian Group. The purchase price values the Columbia, Md. real estate investment trust with a portfolio of non-conforming mortgage loans at about $260 million.
First BanCorp (NYSE:FBP - News) shares surged after the San Juan, P.R.-based company agreed to sell roughly 9.25 million shares of its common stock to Scotiabank for $94.8 million, valuing the shares at $10.25 each. After the sale, Scotiabank will hold 10% of First BanCorp's outstanding common stock. In addition, First BanCorp has agreed to notify Scotiabank if it makes any decision to begin a process to sell itself during the first 18 months after Scotiabank's investment is made, and to negotiate with Scotiabank exclusively for 30 days if Scotiabank so requests.
Gentiva Health Services (NasdaqGS:GTIV - News) was upgraded to outperform from market perform at Raymond James.
Hittite Microwave Corp. (NasdaqGS:HITT - News) reported fourth-quarter net earnings of $12.1 million, or 39 cents a share, up from $7.11 million, or 23 cents a share, a year earlier.
Hurco Cos. (NasdaqGS:HURC - News) posted first-quarter earnings of $5.4 million, or 84 cents a share, up from a year-ago profit of $3 million, or 48 cents a share. Sales jumped 47% in the latest three months to $46.9 million from $31.9 million a year ago. The Indianapolis-based industrial technology company said its strong performance in the quarter reflects improved demand, specifically in European markets.
J. .M. Smucker Co.'s (NYSE:SJM - News) fiscal third-quarter earnings rose 29% to $40.4 million, or 71 cents a share, from $31.3 million, or 54 cents a share, a year earlier, boosted by higher sales at its continuing operations, a lower tax rate, a decrease in merger expenses and fewer outstanding shares. Excluding restructuring and merger expenses, the company earned 72 cents a share, up from 68 cents a year earlier. The Orrville, Ohio, maker of branded fruit spreads, peanut butter and other food products said net sales for the quarter ended Jan. 31, fell 2.5% to $523.1 million from $536.5 million.
Mohawk Industries Inc. (NYSE:MHK - News) said fourth-quarter net income rose, as revenue gained, to $129.5 million, or $1.90 a share, from $99.6 million, or $1.47 a share, during the same period in the prior year. The flooring supplier said quarterly revenue increased to $1.9 billion from $1.8 billion in the prior year.
Mosaic Co. (NYSE:MOS - News) said the salt saturated brine inflow at its Esterhazy, Saskatchewan mines has decline to an estimated rate of about 12,000 gallons per minute. The initial estimate was for a flow of 20,000 to 25,000 gallons per minute.

Published By SeekingAlpha

Labels: AW, BBV, BFAM, BSQR, BWLD, CAE, CBSS, CMG, CPB, DCX, DITC, FBP, FICC, GM, GTIV, HITT, HURC, MHK, MOS, SJM

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Allied Waste (NYSE:AW - News) beat earnings on Thursday after the close, announcing $0.17 EPS over an expected $0.14 EPS. AW's PowerRating is 5.

Psychiatric Solutions (NasdaqGS:PSYS - News) beat earnings Thursday after the close, with $0.33 EPS over a consensus of $0.30 EPS. PSYS's PowerRating is 5.
Campbell Soup (NYSE:CPB - News) reports quarterly earnings on Friday before the market opens, with analysts looking for $0.63 EPS. CPB's PowerRating is 5.
Goodyear Tire (NYSE:GT - News) is looking to announce $0.36 EPS Friday morning. GT's PowerRating is 5.
Analysts are watching for Hormel Foods (NYSE:HRL - News) to report $0.55 EPS tomorrow when the company announces quarterly earnings. HRL's PowerRating is 5.
J.M. Smucker (NYSE:SJM - News) announces earnings on Friday morning before the bell; watch for $0.69 EPS. SJM's PowerRating is 5.
When Visteon (NYSE:VC - News) announces earnings tomorrow morning, watch for -$0.81 EPS. VC's PowerRating is 7.
PowerRatings are courtesy of PowerRatings.net

Labels: AW, CPB, GT, Hot Stocks, HRL, PSYS, SJM, VC

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Campbell Soup (NYSE:CPB - News) announces earnings on Monday before the open; look for $0.61 EPS. CPB's PowerRating is 5.
Lowe's (NYSE:LOW - News) reports quarterly earnings Monday morning, with analysts expecting $0.43 EPS. LOW's PowerRating is 4.
Look for $0.19 EPS from Suntech Power (NYSE:STP - News) when they report earnings Monday morning before the bell. STP's PowerRating is 4.
Valspar (NYSE:VAL - News) is expected to announce $0.47 EPS on Monday morning when the co announces earnings. VAL's PowerRating is 5.
PacificNet (NASDAQ:PACT - News) reports earnings Monday before the bell; expect $0.06 EPS.
Dycom (NYSE:DY - News) and Medtronic (NYSE:MDT - News) both report on Monday afternoon, so watch for heavy volume ahead of earnings. DY's PowerRating is 5, and MDT's PowerRating is 4.

Labels: CPB, LOW, MDT, PACT, STP, VAL

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Campbell Soup (NYSE:CPB - News) announces earnings on Monday before the open; look for $0.61 EPS. CPB's PowerRating is 5.
Lowe's (NYSE:LOW - News) reports quarterly earnings Monday morning, with analysts expecting $0.43 EPS. LOW's PowerRating is 4.
Look for $0.19 EPS from Suntech Power (NYSE:STP - News) when they report earnings Monday morning before the bell. STP's PowerRating is 4.
Valspar (NYSE:VAL - News) is expected to announce $0.47 EPS on Monday morning when the co announces earnings. VAL's PowerRating is 5.
PacificNet (NASDAQ:PACT - News) reports earnings Monday before the bell; expect $0.06 EPS.
Dycom (NYSE:DY - News) and Medtronic (NYSE:MDT - News) both report on Monday afternoon, so watch for heavy volume ahead of earnings. DY's PowerRating is 5, and MDT's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net

Labels: CPB, DY, LOW, PACT, STP, VAL