Jim Cramer Blog

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Genentech (NYSE:DNA - News) beat earnings estimates on Monday afternoon, reporting $0.69 EPS over a consensus of $0.67 EPS. DNA's PowerRating (for Traders) is 3.
Charles Schwab (NasdaqGS:SCHW - News) reports earnings on Tuesday before the market opens, with traders looking for $0.26 EPS. SCHW's PowerRating (for Traders) is 6.
Analysts expect Citigroup (NYSE:C - News) to report -$1.00 EPS on Tuesday before the bell. C's PowerRating (for Traders) is 3.
State Street (NYSE:STT - News) announces quarterly results on Tuesday morning; look for $1.31 EPS. STT's PowerRating (for Traders) is 5.
US Bancorp (NYSE:USB - News) is looking to report $0.59 EPS on Tuesday before the market opens. USB's PowerRating (for Traders) is 4.
After the close, watch for Intel (NasdaqGS:INTC - News) to announce $0.40 EPS in quarterly results. INTC's PowerRating (for Traders) is 4.
Linear Tech (NasdaqGS:LLTC - News) should report $0.41 EPS on Tuesday afternoon. LLTC's PowerRating (for Traders) is 5.

Labels: C, DNA, Hot Stocks, INTC, LLTC, SCHW, STT, USB

Here are 7 stocks for traders for Monday from TradingMarkets.com:
Tiffany's (NYSE:TIF - News) sank 9.8% after reporting a decline in same-store U.S. holiday sales. TIF's PowerRating (for Traders) is 6.
McDonald's (NYSE:MCD - News) fell over 6% today, on an overwhelmingly negative Dow Composite atmosphere. MCD's PowerRating (for Traders) is 6.
AllianceBernstein (NYSE:AB - News) fell 7.7% on Friday after cutting its 2007 EPS forecast by 30 cents. AB's PowerRating (for Traders) is 5.
American Express (NYSE:AXP - News) slumped 10.1% today, after the company announced it would take a $440 million charge in Q4. AXP's PowerRating (for Traders) is 6.
FCStone (NasdaqGS:FCSX - News) reports earnings on Monday before the market opens; look for $0.33 EPS. FCSX's PowerRating (for Traders) is 6.
M&T Bank (NYSE:MTB - News) announces quarterly results Monday morning, with traders expecting $1.63 EPS. MTB's PowerRating (for Traders) is 5.
Genentech (NYSE:DNA - News) is expected to report $0.67 EPS after the market closes on Monday. DNA's PowerRating (for Traders) is 3.

Labels: AB, AXP, DNA, FCSX, Hot Stocks, MCD, MTB, TIF

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.
Nuance Communications (NasdaqGS:NUAN - News). NUAN'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.
Netflix (NasdaqGS:NFLX - News). NFLX's PowerRating (for Traders) is 7.
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.
Arthrocare (NasdaqGS:ARTC - News). ARTC'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.
Pulte Homes (NYSE:PHM - News). PHM's PowerRating (for Traders) is 5.
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.
Genentech (NYSE:DNA - News). DNA'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.
Dean Foods (NYSE:DF - News). DF'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.
Dendreon (NasdaqGM:DNDN - News). DNDN's PowerRating (for Traders) is 1.
Published By TradingMarkets.com

Labels: ARTC, DF, DNA, DNDN, Hot Stocks, NFLX, NUAN, PHM

Fed Cut: Najarian's big question is will the Fed cut 25 or 50 basis points. Finerman is surprised that the market is rallying on the Fed rate cut anticipation. Utilities Select Sector SPDR Fund (XLU) led the stock market higher on Monday. Adami likes Public Service (PEG) into earnings.
Crude oil rose to a record $93.80. Reuters saying that gas prices will now play catch up with crude. Najarian continues to like the oil service sector, with Adami suggesting Tesoro (TSO) as a buying opportunity.
Warren Buffett: Doesn't think China is a bubble; he just thinks the market has run up. Buffett sold his entire stake in PetroChina (PTR) because he made a handsome profit, not because he thinks it won't go higher. The real concern with China is what will happen after the Olympics.
Chartology: Carter Worth joined the show to review the charts of Liz Claiborne (LIZ) and Eastman Kodak (EK). Worth points out that stocks worldwide are rallying but nobody is buying Liz Claiborne. On the other hand, the Eastman Kodak chart displays bullish trends going into earnings.
Earnings Preview: Procter and Gamble (PG) is set to report earnings on Tuesday and Clorox (CLX) will report Wednesday. Najarian reminds investors about Colgate (COL), which he think has more upside then Procter. Exxon Mobil (XOM) is set to report earnings on Thursday before the open.
Stem Cell: Genentech (DNA), Gilead Sciences (GILD), Amgen (AMGN) all reside in Silicon Valley. Scientists are now excited about the potential of stem cell research and California is positioned the best to benefit from the controversial process. Najarian would keep an eye on Myriad Genetics (MYGN) and Cepheid (CPHD) for genetic plays.
Word on the Street
Merrill Lynch (MER) shares rose 2% on hopes that CEO Stan O'Neal is on his way out. Chip stocks rallied after a bullish industry report shows global sales rose 5.9%. Macke still loves Intel (INTC) and is long the stock. Adami mentioned that Goldman Sachs put a $35 price target on Dell (DELL). Kellogg (K) reported strong third quarter profits. Macke is long Safeway (SWY) for a play on the grocery store sector. Options action in Under Armour (UA) perked Najarian's interest on Monday. The options market is looking for a 10% move on Under Armour in either direction. Macke continues to like Nike (NKE). Oracle's (ORCL) $17 bid for BEA Systems (BEAS) expired on Sunday.
Pops & Drops
Pops - Garmin (GRMN) traded up 6%.
American Axle (AXL) traded up 12% on news the firm will extend product lines.
Lehman Brothers (LEH) traded up 4% on news that the investment bank is setting up a $3 billion fund to buy leveraged loans from struggling banks. Goldman Sachs (GS) is the preferred stock for Finerman.
Sohu.com (SOHU) popped up 7%.
Weyerhaeuser (WY) traded up 8%.
Drops- Tupperware Brands (TUP) dropped 4% off of disappointing profits. Najarian thinks this is an opportunity to buy it.
Office Depot (ODP) fell 14%.
Final Trade
Macke advised investors to trim positions in EMC Corp (EMC).
Adami likes Gilead Sciences (GILD) for the $300 million stock buyback they recently announced.
Finerman would buy Washington Group (WNG) for a takeover play.
Najarian believes Merrill Lynch (MER) is ready to go higher.

Labels: AMGN, CNBC, DNA, EK, Fast Money, Fast Money Recap, GILD, INTC, LIZ, MER, PEG, PTR, TSO, XLU

Genentech, Inc. (NYSE:DNA - News) today announced financial results for the third quarter of 2007. Key results for the third quarter of 2007 include:
U.S. product sales of $2,155 million, an 18 percent increase over U.S. product sales of $1,830 million in the third quarter of 2006.
Non-GAAP operating revenues of $2,905 million, a 22 percent increase over operating revenues of $2,384 million in the third quarter of 2006(1); GAAP operating revenues of $2,908 million, which include recognition of $3 million of deferred royalty revenue associated with the acquisition of Tanox, Inc.
Non-GAAP net income increase of 22 percent to $778 million from $637 million in the third quarter of 2006(1); GAAP net income increase of 21 percent to $685 million from $568 million reported for the third quarter of 2006.
Non-GAAP earnings per share increase of 24 percent to $0.73 per share from $0.59 per share in the third quarter of 2006(1); GAAP earnings per share increase of 21 percent to $0.64 per share from $0.53 per share reported for the third quarter of 2006.

Labels: DNA, Genentech Inc.

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Genentech (NYSE:DNA - News) beat earnings estimates on Monday after the bell, announcing $0.73 EPS over an expected $0.72 EPS. DNA's PowerRating (for Traders) is 4.
Robbins & Meyers (NYSE:RBN - News) also beat earnings after the close today, with $1.05 EPS versus expectations of $0.84 EPS. RBN's PowerRating (for Traders) is 5.
Johnson & Johnson (NYSE:JNJ - News) reports earnings on Tuesday before the market opens, with analysts looking for $0.99 EPS. JNJ's PowerRating (for Traders) is 6.
KeyCorp (NYSE:KEY - News) announces quarterly results before the bell on Tuesday, with analysts looking for $0.72 EPS. KEY's PowerRating (for Traders) is 5.
When US Bancorp (NYSE:USB - News) reports earnings tomorrow morning, watch for $0.66 EPS. USB's PowerRating (for Traders) is 5.
Analysts are watching for Wells Fargo (NYSE:WFC - News) to report $0.70 EPS on Tuesday before the open. WFC's PowerRating (for Traders) is 6.
Supervalu (NYSE:SVU - News) is looking to report $0.68 EPS before the bell tomorrow. SVU's PowerRating (for Traders) is 5.

Labels: DNA, JNJ, KEY, RBN, SVU, USB, WFC

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.
Frontline (NYSE:FRO - News) . FRO'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.
L-3 Communications (NYSE:LLL - News). LLL'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.
Medarex (NasdaqGM:MEDX - News). MEDX's PowerRating (for Traders) is 8.
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.
Amrep (NYSE:AXR - News). AXR's PowerRating (for Traders) is 6.
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.
Genentech (NYSE:DNA - News). DNA'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.
Pioneer Drilling (NYSE:PDC - News). PDC's PowerRating (for Traders) is 4.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
American Oriental Bioengineering (NYSE:AOB - News). AOB's PowerRating (for Traders) is 2.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AOB, AXR, DNA, FRO, Hot Stocks, LLL, MEDX, PDC

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
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.
ICO Incorporated (NasdaqGM:ICOC - News). ICOC's PowerRating (for Traders) is 5.
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.
Actuate (NasdaqGM:ACTU - News). ACTU'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.
CSK Auto (NYSE:CAO - News). CAO's PowerRating (for Traders) is 4.
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.
Genentech (NYSE:DNA - News). DNA'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.
Motorola (NYSE:MOT - News). MOT's PowerRating (for Traders) is 4.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Abraxis Bioscience (NasdaqGS:ABBI - News). ABBI'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.
W&T Offshore (NYSE:WTI - News). WTI's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ABBI, ACTU, CAO, DNA, Hot Stocks, ICOC, MOT, WTI

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
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.

Southwest Water (NasdaqGS:SWWC - News) & Gentiva Health Services (NasdaqGS:GTIV - News). SWWC's PowerRating (for Traders) is 7, and GTIV'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.
MGIC Investment (NYSE:MTG - News). MTG's PowerRating (for Traders) is 6.
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.
International Paper (NYSE:IP - News). IP'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.
Palm (NasdaqGS:PALM - News). PALM's PowerRating (for Traders) is 4.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Genentech (NYSE:DNA - News). DNA'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.
Advanced Micro Devices (NYSE:AMD - News). AMD's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AMD, DNA, GTIV, Hot Stocks, IP, MTG, PALM, SWWC

Bullish Calls:
Allergan (NYSE: AGN - News)LifeCell (NasdaqGS: LIFC - News): 'I'm not going to run away from MRX now. I think Jonas Shaknai can deliver. I think you've got a good one in LIFC.'Synchronoss Technologies (NasdaqGM: SNCR - News): 'This is just the kind of consistent service business I like ... I think Goldman gave it away.'Level 3 Communications (NasdaqGS: LVLT - News)Wal-Mart (NYSE: WMT - News): ' ... the turn is at hand and, if Lee Scott leaves... plus 5... 'Time Warner (NYSE: TWX - News): 'They're going to break the company up, because it's too difficult to understand... I told my friend, Regis Philbin, recently to please not give up on TWX.'Tellabs (NasdaqGS: TLAB - News): 'Someone has to acquire them ... I am going to violate my rules... and I am going to say ... own TLAB... I hope that I don't have to pay for that one.'Celgene (NasdaqGS: CELG - News): 'I am reiterating that, if you want regular bio, you go with Celgene.'Nastech Pharmaceutical (NasdaqGM: NSTK - News): ' ... if you want a little speculative, you go with Nastech.'
Bearish calls:
Target (NYSE: TGT - News): 'I would ring the register for TGT...'Ryanair Holdings (NasdaqGS: RYAAY - News): 'I think that oil's going to $80 a barrel ... I think this group is just really bad. Sell, sell, sell!...'Genentech (NYSE: DNA - News): ' I am saying ix-nay on your DNA, unfortunately... Sell, sell, sell!... '
Published By SeekingAlpha

Labels: AGN, CELG, DNA, Jim Cramer, LIFC, Lightning Round, LVLT, Mad Money, NSTK, RYAAY, SNCR, TGT, TLAB, TWX, WMT

Bullish Calls:
Apple (Other OTC: APPL.PK - News): 'I want you to buy more AAPL... People don't believe the power of this iPhone...- I think - goes to $150.'Canon (NYSE: CAJ - News)Under Armour (NYSE: UA - News): 'They're going to roll out their new women's line on Sunday night. I think you buy some UA tomorrow.'W.W. Grainger (NYSE: GWW - News): 'GWW may be one of those $80 to $100 to $120 stocks that I'm talking about... When will this stock get to $100? A few weeks. Stay long!'Varian Medical Systems (NYSE: VAR - News): 'It grows at 15%, and it's got a 24x multiple. There are some who think it's pricey. But integrated cancer care systems are where the action is ... that stock is off $12 from its high... I say going higher.'Hologic (NasdaqGS: HOLX - News)AT&T (NYSE: T - News): 'But T is the stock... go buy T. It's just a classic case of a well-run company with a good dividend that's doing well. Stay long T!'Verizon (NYSE: VZ - News)Bank of America (NYSE: BAC - News): ' One point downside, with a yield of about 4.6%... 4 points upside. That's a thing of beauty, risk/reward!'Genentech (NYSE: DNA - News): 'I'd like to see more of their numbers, but those look good.'Celgene (NasdaqGS: CELG - News): ' ... back on the move - thank you Bob Hugin - I think that one's great... buy, buy, buy!... Celgene, Nastech, Genentech, and then and only then, Amgen.'Nastech Pharmaceutical (NasdaqGM: NSTK - News): '... a lot of people don't like that name. I think they'll be wrong.'Amgen (NasdaqGS: AMGN - News): ' Celgene, Nastech, Genentech, and then and only then, Amgen.'Costco (NasdaqGS: COST - News): ' ... the only retailer I'm going with, and that's it.'Baidu (NasdaqGM: BIDU - News)
Bearish calls:
Moody's (NYSE: MCO - News): 'This is what I call a classic battleground... smart people on both sides. That makes me say, you know what? It's too hard.'Whirlpool (NYSE: WHR - News): 'At $100, I want to buy it. At $120, I want to sell it. It's right in the middle of the range. It's too difficult for Cramer.'Tyco (NYSE: TYC - News): 'Let's take our profits there. I just don't see a lot of upside to TYC.'Casey's General Stores (NasdaqGS: CASY - News)Idaho General Mines (AMEX: GMO - News)
Published By SeekingAlpha

Labels: AAPL, AMGN, BAC, BIDU, CAJ, CELG, COST, DNA, GWW, HOLX, Jim Cramer, Lightning Round, Mad Money, NSTK, UA, VAR, VZ

Soaring U.S. sales -- particularly of colorectal cancer drug Avastin -- pushed second-quarter earnings 41 percent higher for Genentech Inc.
Genentech (NYSE: DNA - News) said Wednesday it earned $747 million, or 71 cents per share, on operating revenue of $3 billion in the three months ended June 30. That compares with net income of $531 million, or 50 cents per share, on revenue of $2.2 billion a year before.
South San Francisco-based Genentech, which has a major manufacturing facility in Vacaville, registered U.S. product sales of $2.1 billion in the second quarter, a 25 percent increase over the same stretch a year ago.
Avastin sales jumped 33 percent, from $423 million a year ago to $564 million. Genentech received approval last fall to sell the drug as a treatment for nonsmall-cell lung cancer.
Avastin is Genentech's second best-selling drug, behind Rituxan, the leading drug for treating non-Hodgkin's lymphoma. Rituxan sales grew 11 percent to $582 million.
Genentech is the world's second-largest biotech in terms of sales. It has a major manufacturing facility in Vacaville.
For the first half of 2007, Genentech said it earned $1.45 billion, or $1.38 per share, on operating revenue of $5.85 billion. In the same period a year ago, the company earned $952 million, or 90 cents per share, on revenue of $4.19 billion.
Published July 11, 2007 by the East Bay Business Times

Labels: DNA, Genentech Inc.

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Genentech (NYSE:DNA - News) beat earnings on Wednesday after the close, announcing $0.78 EPS over an expected $0.71 EPS. DNA's PowerRating is 5.
Resources Connect (NasdaqGS:RECN - News) also beat earnings on Wednesday, with $0.40 EPS over a consensus of $0.31 EPS. RECN's PowerRating is 6.
Fastenal (NasdaqGS:FAST - News) reports earnings before the bell on Thursday, with analysts looking for $0.39 EPS. FAST's PowerRating is 6.
M&T Bank (NYSE:MTB - News) is expected to report $1.85 EPS before the market opens on Thursday. MTB's PowerRating is 5.
When Marriott (NYSE:MAR - News) announces quarterly earnings on Thursday morning, be looking for $0.53 EPS. MAR's PowerRating is 4.
Analysts are watching for Progressive (NYSE:PGR - News) to report $0.45 EPS when the company announces on Thursday morning. PGR's PowerRating is 4.
Texas Industries (NYSE:TXI - News) should report $1.14 EPS on Thursday morning. TXI's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: DNA, FAST, Hot Stocks, MAR, MTB, PGR, RECN, TXI

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
AAR Corporation (NYSE:AIR) reports earnings Wednesday morning, with analysts looking for $0.41 EPS. AIR's PowerRating is 5.
When Acergy (NasdaqGS:ACGY) announces quarterly earnings on Wednesday before the bell, watch for $0.31 EPS. ACGY's PowerRating is 6.
Wolverine World Wide (NYSE:WWW) should announce $0.28 EPS before the market opens on Wednesday morning. WWW's PowerRating is 4.
When Genentech (NYSE:DNA) announces earnings on Wednesday afternoon, analysts will be looking for $0.71 EPS. DNA's PowerRating is 4.
Analysts are watching for Ruby Tuesday (NYSE:RT) to report $0.47 EPS on Wednesday after the bell. RT's PowerRating is 4.
Chaparral Steel (NasdaqGS:CHAP) and YUM! Brands (NYSE:YUM) both report after the close on Wednesday, so watch for heightened price action and volatility ahead of the bell. CHAP's PowerRating is 5, and YUM's PowerRating is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ACGY, AIR, CHAP, DNA, Hot Stocks, RT, WWW, YUM

Here are 7 options to watch for today. This list comes directly from the TM Options Indicators page and is created using OptionVue options analysis software.
Most Underpriced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Goldman Sachs July 260 Calls (NYSE:GS - News). GS's PowerRating is 5.
Most Underpriced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Altria Jun 70 Puts (NYSE:MO - News). MO's PowerRating is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Apple July 120 Calls (NasdaqGS:AAPL - News). AAPL's PowerRating is 5.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Dow Jones June 50 Puts (NYSE:DJ - News). DJ's PowerRating is 6.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Sun Microsystems (NasdaqGS:SUNW - News). SUNW's PowerRating is 4.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Network Appliance (NasdaqGS:NTAP - News). NTAP's PowerRating is 7.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Genentech (NYSE:DNA - News). DNA's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com.

Labels: AAPL, DJ, DNA, GS, MO, NTAP, stock options, SUNW

Positive economic reports combined with more good profit news from U.S. companies provided a solid lift to the stock market today, pushing the Dow Jones Industrial Average to its fourth record close in the last five sessions. Advancing stocks swamped decliners by about 3 to 1 on the NYSE and 2 to 1 on the Nasdaq. Crude oil prices and the 10-year Treasury note both eased.
The Commerce Department reported that U.S. factory orders surged 3.1% in March, the biggest monthly increase in manufacturing activity in two years. The report echoed the positive signs exhibited by yesterday's report on manufacturing activity by the Institute of Supply Management, whose figures showed that after two-straight months of slowing growth, factories were picking up steam. The Treasury Department, meanwhile, said shrinking budget deficits will allow it to discontinue the 3-year note after next week's regular quarterly auction of government debt.
Time Warner (NYSE: TWX - News) topped today's earnings news. Though the media company reported Q1 earnings that declined -18% from the same period last year, the company said strong growth at its cable unit allowed it to raise its full-year guidance. Time Warner now expects to earn about $1.05 a share, instead of the $1 a share it previously forecasted. Excluding one-time items, the company earned 22 cents a share, which beat analyst forecasts by 2 cents.
MasterCard (NYSE: MA - News) said its growing international business and favorable currency exchange rates helped lead to a 70% increase in Q1 profit. The No. 2 credit card company said it earned nearly $215 million, or $1.57 a share, up from $126.7 million, or 94 cents a share, a year ago. Revenue climbed 24% to $915 million. The profit numbers handily surpassed Wall Street estimates, and the stock closed up 10.0%. Biogen Idec (Nasdaq: BIIB - News) said strong sales of its two-leading drugs were behind a 7% profit increase, but that result fell a bit short of Wall Street's expectations and the stock closed fractionally lower. Rituxan, a treatment for non-Hodgkins lymphoma and rheumatoid arthritis that Biodec co-promotes in the U.S. with Genentech (Nasdaq: DNA - News), grew sales 13%. Avonex, an 11-year-old treatment for multiple sclerosis, grew sales 14%. Its new MS treatment, Tysabri, reported growing revenue despite carrying a "black box" warning label.
Sprint Nextel (NYSE: S - News) swung to a loss as a result of amortization charges. Without the charges, the company would have reported earnings of 18 cents a share, which was below analyst forecasts of 22 cents. The stock rose on an improved outlook for the current quarter. BullMarket.com subscribers can read a full report on Sprint Nextel in today's edition.
Blockbuster (NYSE: BBI - News) said its Q1 loss widened. The company lost -$46.4 million, or -26 cents a share, compared with a loss of -$1.9 million, or -3 cents a share, last year. The company blamed costs associated with the launch of its online movie rental business and flat in-store sales. The company has been spending heavily to support its Total Access service, which is meant to compete with Netflix (Nasdaq: NFLX - News).
By the BullMarket.com Staff

Labels: BBI, BIIB, DNA, MA, NFLX, S, TWX

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
Research In Motion (NasdaqGS:RIMM - News) matched earnings Wednesday afternoon with $0.99 EPS. RIMM's PowerRating is 5.
Christopher & Banks (NYSE:CBK - News) beat earnings Wednesday afternoon, with $0.05 EPS over an expected $0.04 EPS. CBK's PowerRating is 6.
Genentech (NYSE:DNA - News) beat earnings Wednesday after the close, announcing $0.74 EPS over an estimated $0.67 EPS. DNA's PowerRating is 5.
Fastenal (NasdaqGS:FAST - News) announces earnings Thursday before the open; watch for $0.35 EPS. FAST's PowerRating is 4.
MGIC Investment (NYSE:MTG - News) reports quarterly earnings Thursday morning, with analysts looking for $1.71 EPS. MTG's PowerRating is 4.
When Rite Aid (NYSE:RAD - News) announces earnings Thursday before the bell, expect $0.03 EPS. RAD's PowerRating is 4.
Analysts are watching for Vimpel Communications (NYSE:VIP - News) to announce $1.20 EPS tomorrow morning. VIP's PowerRating is 7.
PowerRatings are courtesy of PowerRatings.net

Labels: CBK, DNA, FAST, Hot Stocks, MTG, RAD, RIMM, VIP

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Alcoa (NYSE:AA - News) beat earnings on Tuesday afternoon with $0।79 EPS over an expected $0.77 EPS. AA's PowerRating is 5.

Acergy (NasdaqGS:ACGY - News) announces earnings Wednesday before the open; watch for $0.33 EPS. ACGY's PowerRating is 5.
When Jos. A. Bank (NasdaqGS:JOSB - News) reports quarterly earnings before the bell Wednesday, look for $1.25 EPS. JOSB's PowerRating is 6.
Analysts are watching for Progressive (NYSE:PGR - News) to announce $0.46 EPS before the open on Wednesday. PGR's PowerRating is 4.
Genentech (NYSE:DNA - News), Research In Motion (NasdaqGS:RIMM - News) and Ruby Tuesday (NYSE:RI - News) all announce earnings after the bell on Wednesday; watch for heightened price action and volume ahead of the close. DNA's PowerRating is 6, RIMM's PowerRating is 4 and RI's PowerRating is 7.
PowerRatings are courtesy of PowerRatings.net

Labels: AA, ACGY, DNA, Hot Stocks, JOSB, PGR, RI, RIMM

For the second day in a row, stocks hovered close to unchanged without any major catalysts emerging to inspire buyers or sellers. All three major indexes managed to close in positive territory bolstered by better-than-expecte