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.
Overstock.com (NasdaqGM:OSTK - News). OSTK'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.
China Finance Online (NasdaqGM:JRJC - News). JRJC'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.
E*Trade Financial (NasdaqGS:ETFC - News). ETFC'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.
Children's Place (NasdaqGS:PLCE - News) & Interoil Corporation (NYSE:IOC - News). PLCE's PowerRating (for Traders) is 3, and IOC'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.
Boeing (NYSE:BA - News). BA'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.
Daktronics (NasdaqGS:DAKT - News). DAKT's PowerRating (for Traders) is 2.
Published By TradingMarkets.com

Labels: BA, DAKT, ETFC, Hot Stocks, IOC, JRJC, OSTK, PLCE

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 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.
Overstock.com (NasdaqGM:OSTK - News) & AeroVironment (NasdaqGM:AVAV - News). OSTK's PowerRating (for Traders) is 10, and AVAV'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.
Parker-Hannifin (NYSE:PH - News). PH'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.
EDO Corporation (NYSE:EDO - News). EDO'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.
Ascent Solar Technologies (NasdaqGM:ASTI - News). ASTI's PowerRating (for Traders) is 7.
Bearish
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.
Barnes & Noble (NYSE:BKS - News) & Nutrisystem (NasdaqGS:NTRI - News). BKS's
Published By TradingMarkets.com

Labels: ASTI, AVAV, BKS, EDO, NTRI, OSTK, PH, Trading Ideas

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
Our research shows that stocks exhibiting this price behavior, while trading above their 200-day moving average, have on average, shown positive returns 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
5+ Consecutive Down Days: To learn more about our research into stocks that fall for 5 or more consecutive days, and how to use this information, click here.
Metal Management (NYSE:MM - News)
5+ Consecutive Lower Lows: To learn more about our research into stocks that make five or more consecutive lows, and how to use this information, click here.
Top Tankers (NYSE:TOPT - News)
2-Period RSI Below 2: To learn more about our research into stocks that have a 2-Period RSI below 2, and how to use this information, click here.
Daktronics (NasdaqGS:DAKT - News)
Stocks Down 10% or More: To learn more about stocks that have fallen 10% are more over the past 5 days, and how to use this information, click here.
Overstock.com (NasdaqGM:OSTK - News)
Bearish
Our research shows that stocks exhibiting this price behavior, while trading below their 200-day moving average, have on average, shown negative returns 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
5+ Consecutive Up Days: To learn more about our research into stocks that make five or more consecutive up days, and how to use this information, click here.
Lions Gate Entertainment (NYSE:LGF - News)
5+ Consecutive Higher Highs: To learn more about our research into stocks that make five or more consecutive highs, and how to use this information, click here.
HealthSouth (NYSE:HLS - News)
Stocks Up 10% or More: To learn more about stocks that have risen 10% are more over the past 5 days, and how to use this information, click here.
Steven Madden (NYSE:SHOO - News)
Published By TradingMarkets.com

Labels: DAKT, HLS, Hot Stocks, LGF, MM, OSTK, SHOO, TOPT

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.

Red Robin Gourmet Burgers (NasdaqGS:RRGB - News). RRGB's PowerRating (for Traders) is 8.
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.
3M Company (NYSE:MMM - News). MMM'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.
TOP Tankers (NasdaqGS:TOPT - News). TOPT's PowerRating (for Traders) is 8.
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.
Overstock.com (NasdaqGM:OSTK - News). OSTK's PowerRating (for Traders) is 9.
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.
OGE Energy (NYSE:OGE - News). OGE'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.
Comcast (NasdaqGS:CMCSA - News). CMCSA'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.
Noven Pharmaceuticals (NasdaqGS:NOVN - News). NOVN's PowerRating (for Traders) is 4.

Published By TradingMarkets.com

Labels: CMCSA, Hot Stocks, MMM, NOVN, OGE, OSTK, RRGB, TOPT

Stocks traded flat for most of the session before closing with fractional gains. Hewlett-Packard (NYSE: HPQ - News) weighed on both the Dow Jones and Nasdaq indices today. Many technology stocks also treaded water ahead of an earnings report from Cisco Systems (Nasdaq: CSCO - News) and reduced guidance from chipmaker National Semiconductor (NYSE: NSM - News). The 10-year Treasury note moved higher, cutting the yield to 4.78%, while an earlier sharp rise in the price of crude was trimmed to a modest gain for the day.
After the market closed, Cisco reported that fiscal Q2 net income increased 40% on a 27% increase in sales. The maker of routers and other gear for the Internet reported earnings of $1.9 billion, or 31 cents a share, for the quarter ended January 27th, against earnings of $1.4 billion, or 22 cents per share, in the same period last year. Last night, National Semiconductor cut its fiscal Q3 revenue forecast to a decline of -14% to -15% sequentially. The company had previously forecast a revenue decline of between -8% to -11%.
Weakness in Hewlett-Packard was attributed to an announcement from Eastman Kodak (NYSE: EK - News) that it would introduce its first line of inkjet printers that will retail for somewhat higher prices than printers from other manufacturers, but Kodak will dramatically cut the prices it charges for replacement ink cartridges. Most printer makers have followed the "razor and blade" model whereby they sell the printers at a low price and make the majority of their profits on replacement ink. According to analysts, the Kodak model would sharply cut price-per-page costs if it catches on with consumers.
Oil producer BP (NYSE: BP - News) reported that Q4 adjusted net profit declined -22% to $2.9 billion, from $3.7 billion a year ago, hurt by declining oil and gas prices and reduced output. Its adjusted net profit measures earnings before extraordinary items and excludes changes in the value of inventories. Revenue rose nearly 12% to $274 billion from $245 billion. In addition to falling oil prices, BP also has had to ratchet up its capital spending to address safety and other operational problems following a spill at an Alaska oil pipeline and an explosion at a BP refinery in Texas that killed 15 people.
Online retailer Overstock.com (Nasdaq: OSTK - News) surged 22% even though the company missed its Q4 earnings target by a wide margin. The company reported a quarterly loss of -$1.92 per share compared with analyst estimates for a loss of -85 cents per share. The stock's rise was attributed to analysts concluding that Overstock was bottoming out operationally and had nowhere to go but up. First Albany raised its rating to "neutral" from "sell."
Household products maker Church & Dwight (NYSE: CHD - News) gained 4% to a 52-week high after reporting better-than-expected Q4 results. The company's Q4 net increased 47% to $24 million, or 36 cents per share, from $16 million, or 25 cents per share, a year earlier. Avon Products (NYSE: AVP - News) climbed 10% after the maker of personal care products reported profits that beat Wall Street estimates. Finally, shares of Tyco (NYSE: TYC - News) slipped in spite of a 43% rise in fiscal Q1 profit. Subscribers can read our analysis of Tyco's results in today's issue.
By Bullmarket.com Staff

Labels: AVP, BP, CHD, CSCO, EK, HPQ, NSM, OSTK, TYC

Major market indices battle to finish in the black, but not by much. The Dow ($INDU) ended the session with a gain of 4.57 points to 12,666.31. The S&P 500 ($SPX) added just 1.01 points to 1,448.00. The NASDAQ ($COMPQ) was virtually flat, up just 0.89 points to close at 2,471.49. Volume was moderate with the NYSE trading 1.47 billion shares and the Naz turning over 2.15 billion. Market breadth was positive by a 21-to-12 and 17-to-13 ratio on the Big Board and Naz respectively.A lack of economic news and a slowdown in earnings data has create lethargy for stocks. This makes sense given the strength in stocks last week. The fact is that a correction is due, but with so much liquidity, buying occurs on every dip. Today’s move off the session lows occurred as oil prices fell off resistance at $60 a barrel. Crude has been on the rise, but this resistance has held to date. Nonetheless, if this area is broken it could give traders a reason to sell. Overall, crude prices rose just 14-cents on the session to close at $58.88. Oil giant BP (BP) saw its shares drop 0.8 percent after the firm reported that profits fell 22 percent in the quarter. The company also lowered guidance going forward. BP is one of the Big Three oil companies, but its results were the worst of the three with Exxon Mobile (XOM) and Chevron (CVX) seeing a drop in results, but not to the extent BP saw. The chip sector saw weakness Tuesday after National Semiconductor (NSM) lowered its outlook for the third quarter. NSM sees revenue falling by 15 percent in the quarter from the second quarter on lower shipments. As a result, the stock fell 2.7 percent to close at $22.68. Overall, the Philly Semiconductor Index ($SOX) fell half a percent on the session. One of the largest movers on the session was Globalstar Inc (GSAT). This stock fell 28.2 percent after it was downgrade due to a regulatory filing that stated the company was having problems with several of its satellites. Another large mover was Overstock.com (OSTK), which gained 22.1 percent on the session. Ironically, the discount retailer had such a bad quarter that analyst’s feel it has bottomed and can only get better from here. After the bell, Cisco (CSCO) reported better than expected earnings on a 40 percent rise in profits. The networking giant saw its shares fall 0.8 percent in the regular session, but they are up nearly five percent after hours. This should set up a strong opening for tech sector on Wednesday.
Jody Osborne

Labels: BP, CSCO, CVX, GSAT, NSM, OSTK, SOX, XOM

Alaska Air Group Inc. (NYSE:ALK - News) said January traffic at its Alaska Airlines' unit fell 0.8% while its capacity rose 2.8%. That translated to a fall in load factor, or percentage of seats filled with paying passengers, to 66.5% from 69%. Horizon Air January traffic rose 0.3%, its capacity rose 2.6%, translating to a load factor fall to 63.3% from 64.7%.
Anadarko Petroleum (NYSE:APA - News) said it expects a charge of roughly $100 million related to Algeria's new "exceptional profits" tax, which applies when monthly average Brent Crude prices exceed $30 per barrel. The energy exploration and production company said Monday the charge represents an estimated liability for the period from Aug. 1 through Dec. 31. The Houston company expects a relief because Anadarko operates its Algerian assets under a production-sharing contract that includes a stabilization clause, which is designed to protect the investment and related asset value.
Bisys Group (NYSE:BSG - News) filed its Form 10-Q for the period ended Sept. 30, 2006, and reported net income of $14 million, compared with $13.4 million during the year-ago period. Revenue for the first fiscal quarter of 2007 was $211.5 million vs. $205.7 million.
British Airways (NYSE:BAB - News) reported a 2.8% drop in passenger traffic in January, due to flights being cancelled on the risk of a strike by its cabin crew. Its passenger load factor, a measure of passengers to available seats, dropped 3 percentage points to 69.5%. The market continues to show good demand in premium cabins. The weakness in some non-premium segments is also still a feature, the airline said.
Burger King Holdings Inc. (NYSE:BKC - News) filed to sell 20 million shares from selling stockholders, including entities managed by Bain Capital, Goldman Sachs and Texas Pacific Group. Based on its closing price of $20.28 a share on Friday, the stock offering will raise about $406 million. The offering comes after Burger King held its initial public offering of 25 million shares at $17 a share on May 18, 2006.
Columbia Laboratories' (NasdaqGM:CBRX - News) shares plummeted 69% to $1.44 in Monday morning trade after the Livingston, N.J.-based company announced late Sunday that its Phase III clinical trial of progesterone for the prevention of preterm birth did not achieve any reduction in the incidence of preterm birth at week 32, the primary endpoint. Progesterone also did not reduce the incidence of preterm birth at weeks 28, 35 and 37, the secondary endpoints of the study. Robert Mills, Columbia's chief executive, called the results "extremely disappointing."
Electronic Arts (NasdaqGS:ERTS - News) was downgraded to neutral from overweight at J.P. Morgan. The firm cited valuation and competition from a strong line up of games at its competitors. The broker added another possibility is that the industry could witness further hardware shipment cuts, which could limit demand for Electronic Arts' new titles.
Lexmark International (NYSE:LXK - News) was downgraded to reduce from neutral at UBS.
Majesco Entertainment Co. (NasdaqCM:COOL - News) said its financial statements for the fiscal year ended Oct. 31, 2006 contain a going concern modification. According to a Jan. 29 filing, the company's auditors have issued an opinion indicating that there is substantial doubt about the company's ability to continue as a going concern because Majesco has incurred net losses for the years ended Oct. 31, 2005 and 2006.
The McClatchy Co. (NYSE:MNI - News) was cut to market perform from outperform at Wachovia, which cited valuation and the continuing challenges in the advertising market, especially in the real estate category. "When we initiated coverage of the stock with an outperform rating, we thought the company would be able to increase its estimated cost savings related to the Knight Ridder deal. However, we now think any upside will be more than offset by revenue declines," Wachovia said. "While the stock has been weak, we think continued downward revisions of consensus estimates will make it difficult for the stock to trade materially higher," it added.
Midas Inc. (NYSE:MDS - News) said it plans to record a charge of $1.9 million in the fourth quarter related to closing six unprofitable company-owned shops in Florida. The company also said it expects a decline in U.S. comparable shop sales of 1.7% for the fourth quarter and 1.5% for the full year, citing lower advertising than in the year-ago period.
Nathan's Famous Inc. (NasdaqGM:NATH - News) reported third-quarter earnings of $1.1 million, or 17 cents a share, up from a year-ago profit of $770,000, or 12 cents a share.
NewMarket (NYSE:NEU - News) shares fell after the Richmond, Va.-based maker of chemical additives late Friday reported fourth-quarter net earnings of $4.5 million, or 26 cents a share, down from $11.1 million, or 64 cents a share, in the year-ago period. Excluding special items, the company posted a per-share profit of 60 cents vs. 46 cents. Revenue rose to $306.2 million from $293.7 million.
Overstock.com (NasdaqGM:OSTK - News) filed a lawsuit in the Superior Court of California, County of San Francisco seeking damages of $3.48 billion against a group of companies it says control over 80% of the prime brokerage market. The company also reported a fourth-quarter loss that widened to $40.7 million, or $1.92 a share, from $6.28 million, or 33 cents a share, a year earlier, hurt by lower revenue and increased expenses. The Salt Lake City-based online closeout retailer said revenue fell 6% to $297.5 million from $318 million a year earlier on lower traffic rates and smaller gross margins. Analysts polled by Thomson Financial expected, on average, a fourth-quarter loss of 85 cents a share on revenue of $305.7 million.
PMI Group (NYSE:PMI - News) said fourth-quarter net income fell 7% to $100.5 million, though earnings per share rose 7% to $1.19 a share, in line with analyst forecasts. Revenue rose 12% to $318 million. The profit declines amid loss reserve additions in U.S. mortgage insurance operations and an increase in total incurred losses in PMI Australia.
Regal-Beloit Corp. (NYSE:RBC - News) reported fourth-quarter earnings of $23 million, or 68 cents a share, up from a year-ago profit of $20.3 million, or 63 cents a share. Net sales slipped 2.5% in the latest three months to $366.6 million from $376.2 million in the same period a year earlier. The average estimate of analysts polled by Thomson First Call was for a profit of 68 cents a share in the December period.
Royal Caribbean Cruises (NYSE:RCL - News) said fourth-quarter net income for the three months ended Dec. 31 rose to $46.6 million, or 22 cents a share, from a loss of $3.6 million, or 2 cents a share in the year-ago period. Revenue rose to $1.15 billion from $1 billion. Analysts surveyed by Thomson Financial forecast earnings of 20 cents a share and revenue of $1.16 billion, on average. The cruise line expects first-quarter income of 3 to 8 cents a share. The current analyst estimate is 32 cents a share. For the full year, Royal Caribbean forecast earnings of $3.05-$3.20, compared to the analyst estimate of $3.15 a share.
State Street Corp. (NYSE:STT - News) has agreed to buy Investors Financial Services Corp. (NasdaqGS:IFIN - News) for around $4.5 billion in stock. Investors Financial shareholders will receive 0.906 shares of State Street common stock for each share held, based upon the closing price of State Street common stock on February 2. Approximately 62 million State Street common shares will be issued in the transaction. The transaction is expected to be dilutive to State Street's operating earnings in 2007, neutral to earnings in 2008 on an operating basis, lift earnings in 2008 on a cash basis and lift operating earnings in 2009, based on anticipated pre-tax cost savings of approximately $345 million to $365 million during the first two years following closing. State Street expects to take restructuring charges of between $625 million to $675 million.
Transmeta Corp. (NasdaqGM:TMTA - News) shares tumbled after the company said it's streamlining its operations to focus on its core business of intellectual property licensing. The company plans to decrease its workforce by roughly 39% as part of the restructuring, shedding about 75 employees, mostly in its engineering services businesses.
Unitrin Inc. (NYSE:UTR - News) reported fourth-quarter net earnings of $61.6 million, or 91 cents a share, down 29% from $86.7 million, or $1.26 a share, in the year-ago period. Revenue at the Chicago-based financial services company rose to $763.9 million from $755.9 million.
YRC Worldwide (NasdaqGS:YRCW - News) was downgraded to neutral from outperform at Credit Suisse.

Labels: ALK, APA, BAB, BKC, BSG, CBRX, COOL, ERTS, LXK, MDS, MNI, NATH, NEU, OSTK, PMI, RBC, RCL, STT

Among the companies whose shares are expected to see active trade in Monday's session are Anadarko Petroleum Corp., Herbalife Ltd. and Hewitt Associates Inc.
Anadarko (NYSE:APC - News) is expected to report earnings per share of $1.26 for the fourth quarter, according to analysts polled by Thomson Financial.
Cognizant Technology Solutions (NasdaqGS:CTSH - News) is expected to post fourth-quarter per-share earnings of 43 cents.
Hewitt Associates (NYSE:HEW - News) is expected to report first-quarter earnings of 24 cents per share.
Humana Inc. (NYSE:HUM - News) is expected to report earnings of 88 cents per share for the fourth quarter.
KLA-Tencor Corp. (NasdaqGS:KLAC - News) is expected to post fourth-quarter per-share income of 61 cents.
Overstock.com Inc. (NasdaqGM:OSTK - News) is expected to report a per-share loss of 85 cents for the fourth quarter.
Pitney Bowes Inc. (NYSE:PBI - News) is expected to post fourth-quarter earnings of 77 cents per share.
Principal Financial Group Inc. (NYSE:PFG - News) is expected to report income of 88 cents per share for the fourth quarter.
Rent-A-Center Inc. (NasdaqGS:RCII - News) is expected to report fourth-quarter earnings of 50 cents per share.
Royal Caribbean Cruises Ltd. (NYSE:RCL - News) is expected to post income per share of 20 cents for the fourth quarter.
After Friday's closing bell, Herbalife (NYSE:HLF - News) said it has received an acquisition offer of $38 a share from Whitney V L.P. and its affiliates. The offer represents a 14.8% premium to the Herbalife's closing share price Friday of $33.10. Watch listBisys Group Inc. (NYSE:BSG - News) filed its Form 10-Q for the period ended Sept. 30, 2006, and reported net income of $14 million, compared with $13.4 million during the year-ago period. Revenue for the first fiscal quarter of 2007 was $211.5 million vs. $205.7 million.
E.On AG (NYSE:EON - News) raised its offer for Spanish Endesa S.A. to 38.75 euros a share ($50.22) from 34.5 euros a share. The final bid values all of Endesa's shares at 41 billion euros.
Hewlett-Packard Co. (NYSE:HPQ - News) said it plans to withdraw the listing of its stock from the Nasdaq Global Select Market to reduce costs of exchange listing fees and administrative burdens related to being listed in two exchanges.
Majesco Entertainment Co. (NasdaqCM:COOL - News) said its financial statements for the fiscal year ended Oct. 31, 2006 contain a going concern modification. According to a Jan. 29 filing, the company's auditors have issued an opinion indicating that there is substantial doubt about the company's ability to continue as a going concern because Majesco has incurred net losses for the years ended Oct. 31, 2005 and 2006.
Mediacom Communications Corp. (NasdaqGS:MCCC - News) said it has reached a retransmission consent agreement with Sinclair Broadcast Group Inc. (NasdaqGS:SBGI - News). Mediacom added that stations will be immediately restored on the Mediacom cable systems in 12 states.
Overstock.com Inc. said it has filed a lawsuit in the Superior Court of California, County of San Francisco seeking damages of $3.48 billion against a group of companies it says control over 80% of the prime brokerage market.
Unitrin Inc. (NYSE:UTR - News) reported fourth-quarter net earnings of $61.6 million, or 91 cents a share, down 29% from $86.7 million, or $1.26 a share, in the year-ago period. Revenue at the Chicago-based financial services company rose to $763.9 million from $755.9 million.
Published by MarketWatch

Labels: APC, BSG, COOL, CTSH, EON, HEW, HLF, Hot Stocks, HPQ, HUM, KLAC, MCCC, OSTK, PBI, PFG, RCII, RCL, SBGI, UTR

Discount Web retailer Overstock.com Inc. said Friday it filed a lawsuit seeking damages of $3.48 billion against prime brokers including Morgan Stanley, Goldman Sachs, Bear Stearns, Citigroup and others.
The company said its lawsuit alleges the brokers participated in a "massive, illegal stock market manipulation scheme," and their actions caused "dramatic distortions" in the trading of Overstock's shares, causing the price to drop.
The lawsuit was filed in the Superior Court of California in San Francisco, and alleges violations of California securities laws, common law and California's Unfair Business Practices Act, Overstock said.
"I believe that this conduct is harming our company and our shareholders deeply, and that investors have been failed by those who have a duty protect them," said Patrick Byrne, chairman and chief executive, in a statement.

Labels: BAC, BK, BSC, C, GS, MER, MS, OSTK, Overstock.com Inc., UBS

Most Under Priced 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.
Google Feb 510 Calls (NasdaqGS:GOOG - News). GOOG's PowerRating is 6.
Most Under Priced 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.
Armor Holdings Mar 60 Puts (NYSE:AH - News). AH's PowerRating is 4.
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.
Baidu.com Feb 135 Calls (NasdaqGM:BIDU - News). BIDU's PowerRating is 6.
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.
Intuitive Surgical Feb 95 Puts (NasdaqGS:ISRG - News). ISRG's PowerRating is 3.
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.
None Today
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.
Vornado Realty Trust (NYSE:VNO - News). VNO's PowerRating is 5.
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.
Overstock.com (NasdaqGM:OSTK - News). OSTK's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: AH, BIDU, GOOG, Hot Options, ISRG, OSTK, VNO

When a company "goes public" with an IPO, it usually doesn't sell all of itself. For example, imagine the Bergen Bell Co. (ticker: RINGG), owned entirely by a woman named Adrienne. Adrienne decides to sell about 10% of the company to the public, via an IPO, to raise money for expansion. Adrienne, who currently owns all of the 90 million shares of the company, will sell 10 million new shares, so there will be 100 million shares after the offering.
Investment bankers help Adrienne determine the value of the company and how much of it she should sell, based on how much money she wants to raise. Let's say they decide to price the offering at $20 per share. This means that Adrienne's company will collect about $200 million when the shares are sold (less the investment bank's fee of roughly 7%). Adrienne will retain ownership of 90% of the firm, or 90 million shares.
This is often how the millionaires and billionaires you see in lists of the world's richest people become millionaires. Like Adrienne, most of their "wealth" is on paper and is tied to the number of shares they hold in their companies, multiplied by the current share price.
Search specialist Google's (Nasdaq: GOOG - News) IPO wasn't a typical one -- instead, it featured a "Dutch auction" process, like that used by Overstock.com (Nasdaq: OSTK - News) and RedEnvelope (Nasdaq: REDE - News). Learn all about IPOs and Dutch auctions in this Bill Mann article that preceded the IPO. Then read Bill's thoughts after Google's IPO.
If you'd like to receive several promising stock ideas delivered via email each month, learn more about our suite of investment newsletters (which are offered along with some free research reports). You can also learn all about brokerages and find one that's right for you in our Broker Center.
By Selena Maranjian

Labels: GOOG, IPO, OSTK, REDE