Jim Cramer Blog

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list 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.

Pozen Inc. Sep 22.5 Calls (NasdaqGM:POZN - News). POZN's PowerRating is 7.
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.
Frontline Ltd. Aug 50 Puts (NYSE:FRO - News). FRO's PowerRating is 7.
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.
Perini Corp. Aug 60 Calls (NYSE:PCR - News). PCR's PowerRating is 9.
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.
Mastercard Inc. Aug 135 Puts (NYSE:MA - News). MA's PowerRating is 7.
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.
Union Pacific Corp. (NYSE:UNP - News). UNP's PowerRating is 7.
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.
Netgear Inc. (NasdaqGS:NTGR - News). NTGR'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.
DR Horton Inc. (NYSE:DHI - News). DHI's PowerRating is 6.
PowerRatings are courtesy of TradingMarkets.com

Labels: DHI, FRO, MA, NTGR, PCR, POZN, stock options, UNP

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list 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.
Pozen Inc. Sep 22.5 Calls (NasdaqGM:POZN - News). POZN's PowerRating is 8.
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.
Frontline Ltd. Aug 50 Puts (NYSE:FRO - News). FRO's PowerRating is 7.
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.
Perini Corp. Aug 60 Calls (NYSE:PCR - News). PCR's PowerRating is 9.
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.
Southern Copper Sep 95 Puts (NYSE:PCU - News). PCU'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.
Oracle Corp. (NasdaqGS:ORCL - News). ORCL's PowerRating is 6.
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.
Foundry Networks, Inc. (NasdaqGS:FDRY - News). FDRY's PowerRating is 6.
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.
Harley-Davidson, Inc. (NYSE:HOG - News). HOG's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: FDRY, FRO, HOG, ORCL, PCR, PCU, POZN, stock options

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list 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.
Pozen Inc. Sep 22.5 Calls (NasdaqGM:POZN - News). POZN's PowerRating is 7.
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.
Frontline Ltd. Aug 50 Puts (NYSE:FRO - News). FRO's PowerRating is 7.
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 Aug 210 Calls (NasdaqGS: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.
Southern Copper Aug 110 Puts (NYSE:PCU - News). PCU's PowerRating is 5.
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.
Deckers Outdoor Corp. (NasdaqGS:DECK - News). DECK's PowerRating is 7.
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.
Dow Chemical Co. (NYSE:DOW - News). DOW's PowerRating is 6.
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.
Whole Foods Market Inc. (NasdaqGS:WFMI - News). WFMI's PowerRating is 5.
PowerRatings are courtesy of TradingMarkets.com

Labels: BIDU, DECK, DOW, FRO, Hot Stock Options, PCU, POZN, WFMI

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list 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.
Pozen Inc. Sep 22.5 Calls (NasdaqGM:POZN - News). POZN's PowerRating is 7.
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.
Ryerson Inc. Aug 35 Puts (NYSE:RYI - News). GOOG's PowerRating is 7.
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 Aug 200 Calls (NasdaqGS:BIDU - News). BIDU's PowerRating is 10.
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.
Mastercard Inc. Aug 140 Puts (NYSE:MA - News). MA'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.
Apple Inc. (NasdaqGS:AAPL - News). AAPL's PowerRating is 6.
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.
Bank of America Corp. (NYSE:BAC - News). BAC'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.
Mirant Corp. (NYSE:MIR - News). MIR's PowerRating is 7.
PowerRatings are courtesy of TradingMarkets.com

Labels: AAPL, BAC, BIDU, MA, MIR, POZN, RYI, stock options

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list 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.
Pozen Inc. Sep 22.5 Calls (NasdaqGM:POZN - News). POZN's PowerRating is 7.
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.
Google Inc. Aug 500 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating is 7.
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 Aug 200 Calls (NasdaqGS:BIDU - News). BIDU's PowerRating is 9.
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.
Mastercard Inc. Aug 145 Puts (NYSE:MA - News). MA'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.
Raytheon Co. (NYSE:RTN - News). RTN's PowerRating is 5.
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.
Quest Diagnostics Inc. (NYSE:DGX - News). DGX'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.
Countrywide Financial Corp. (NYSE:CFC - News). CFC's PowerRating is 6.
PowerRatings are courtesy of TradingMarkets.com

Labels: BIDU, CFC, DGX, GOOG, MA, POZN, RTN, stock options

Google Inc. (NasdaqGS:GOOG - News) Chief Executive Eric Schmidt said Monday that Google and Apple Inc. (NasdaqGS:AAPL - News) are working together on "many more" new projects, which he did not identify. Schmidt made his comments at a technology conference in San Francisco. Google has nearly doubled the annual salaries of Chief Financial Officer George Reyes and three other top-level executives, the company said in a regulatory filing.
Health Management Associates Inc. (NYSE:HMA - News) was upgraded to buy from hold at Deutsche Bank.
The International Securities Exchange (NYSE:ISE - News) was upgraded to buy from neutral at Banc of America Securities. "The recent spike in volatility has driven surging option volumes. We expect volatility to remain at elevated levels in the near-term, and we could be at the start of a cyclical turn to a higher volatility environment, so we are raising ISE's volume growth forecasts to 24% in 2007 and 25% in 2008," the broker said.
Landauer (NYSE:LDR - News) was upgraded to buy from neutral at Hilliard Lyons.
Lifetime Brands Inc.'s (NasdaqGS:LCUT - News) fourth-quarter net income rose to $9.46 million, or 62 cents a share, from $7.22 million, or 60 cents, a year earlier. A Thomson Financial survey of analysts, on average, projected earnings of 64 cents a share for the quarter. Analysts' estimates usually exclude items. The Westbury, N.Y., maker of consumer products said revenue rose 26% to $157.3 million from $124.4 million in the year-ago period. The company forecasts 2007 earnings of $1.40 to $1.70 a share on revenue of $540 million to $575 million. Analysts are looking for earnings of $1.58 a share for the year.
Maidenform Brands Inc. (NYSE:MFB - News) reported fourth-quarter net earnings of $3.22 million, or 13 cents a share. During the same period a year ago, the company posted a net loss of $209,000, or a penny a share. The Bayonne, N.J.-based marketer of intimate apparel reported revenue of $85 million vs. $79.5 million. For 2007, Maidenform said it expects per-share earnings growth of 15% to 18% on total net sales growth of 6% to 7%.
Microchip Technology Inc. (NasdaqGS:MCHP - News) said it still expects fiscal fourth-quarter earnings of about 33 cents a share, or 36 cents a share excluding items. The Chandler, Ariz., provider of microcontroller and analog semiconductors also said it expects net sales to be flat to slightly up from third-quarter sales of $251 million. In January, Microchip said it expected fourth-quarter revenue to be flat from the third quarter.
Monsanto (NYSE:MON - News) was upgraded to buy from hold at Citigroup, which cited expectations of a Latin American recovery and a key regulatory change in Brazil. Citigroup said it expects Brazilian farming to recover due to higher grain prices, a greater share of the soybean market as U.S. production declines and the ability to turn more land over to agriculture. It added a recent regulatory change will speed up the process for approval of biotechnology traits.
Nissan Motors (Other OTC:NSANF.PK - News) said it has appointed Mark McNabb to head its global Infiniti luxury car division, effective April 1. McNabb, 45, is returning to Nissan after a one-year stint at DaimlerChrysler where he was vice president of marketing at Mercedes-Benz USA.
Novartis (NYSE:NVS - News) upgraded to neutral from underperform by Credit Suisse after winning approval from the FDA for Tekturna. "With Galvus and Tekturna catalysts out of the way, and the shares having profoundly underperformed and with last night's close being below our 68 francs a share price target, we raise our rating to neutral and our price target to 70 francs," the broker said.
Pozen Inc. (NasdaqGM:POZN - News) shares rallied after the Chapel Hill, N.C.-based pharmaceutical company announced positive results for its PA 325 proof-of-concept study. PA 325 is a formulation of 325mg of aspirin surrounded by a 20mg coating of an immediate release formulation of a proton pump inhibitor.
ResCare Inc.'s (NasdaqGS:RSCR - News) fourth-quarter net income rose sharply to $8.99 million, or 27 cents a share, from $596,000, or 2 cents a share, a year earlier. The Louisville, Ky., healthcare company's revenue grew to $337.1 million from $270.9 million. For 2007, the company expects to earn $1.24 to $1.28 a share on revenue of $1.43 billion.
Retalix Ltd. (NasdaqGS:RTLX - News), the Ra'anana, Israel, producer of software and solutions of supermarkets, food-service firms, and goods distributors, reported fourth-quarter net income fell 38% on 5.7% higher revenue. Earnings were $3.4 million, or 17 cents a share, compared with $5.5 million, or 28 cents, in the year-earlier period. Adjusted net for the period was 27 cents a share against 32 cents. Revenue reached $56.8 million from $53.7 million. In 2007, Retalix expects to earn about $9 million to $16 million, or an adjusted $15 million to $22 million. Revenue should range $220 million to $230 million, the company estimated. In 2006, Retalix earned $1.3 million, or 6 cents a share, on revenue of $203.8 million.
Ruth's Chris Steak House Inc. (NasdaqGS:RUTH - News), a New Orleans upscale steak house operator, will replace New Century Financial Corp. (NYSE:NEW - News) in the S&P SmallCap 600 index March 7. The market cap of the mortgage real estate investment trust fell to about $253 million, below the minimum of $300 million, S&P said.
Ryerson Inc. (NYSE:RYI - News) shares rallied after the Chicago-based steel distributor postponed its annual meeting, saying it continues to consider a possible sale or other options for the company.
Santarus Inc.'s (NasdaqGM:SNTS - News) fourth-quarter loss narrowed to $7.47 million, or 15 cents a share, from $15.8 million, or 36 cents a share, a year earlier. Earnings for the most recent period included stock-based compensation expenses of about $2.2 million, or 4 cents a share, the company said. The San Diego pharmaceutical company's revenue surged to $20.5 million from $5.68 million a year ago.
Spirit Aerosystems Holdings (NYSE:SPR - News) was upgraded to outperform from neutral at Credit Suisse.
Sykes Enterprises Inc. (NasdaqGS:SYKE - News) reported fourth-quarter net earnings of $8.14 million, or 20 cents a share, down 5% from $8.6 million, or 22 cents a share, during the year-ago period. The Tampa, Fla.-based provider of customer management products and services posted revenue of $158.6 million vs. $128.8 million.
Topps Co. (NasdaqGS:TOPP - News) agreed to be acquired by Michael Eisner's Torante Co. and private equity firm Madison Dearborn Partners for $385.4 million, or $9.75 a share in cash. The bid for the sports-related cards maker represents a 9.4% premium to Topps' Monday closing price of $8.91. As part of the agreement, Topps can solicit better bids from third parties during the next 40 days. The deal is expected to close during the third quarter.
TransMontaigne Partners L.P. (NYSE:TLP - News) said it expects to increase its quarterly distribution to unitholders by about 7 cents to 50 cents per unit by the end of 2007. The current quarterly distribution to unitholders is 43 cents per unit. Denver-based TransMontaigne is a refined petroleum products terminaling and pipeline company
Visicu Inc. (NasdaqGM:EICU - News) was upgraded to buy from hold at Jefferies & Co.
Xilinx Inc. (NasdaqGS:XLNX - News) raised the low end of its fiscal fourth-quarter sales outlook, and now expects sales of flat to down 4%, sequentially. The San Jose logic chip maker had predicted sales to be flat to down 5%, sequentially. Xilinx also reiterated its gross margin forecast, which is expected to be about 61%.
Published By MarketWatch

Labels: AAPL, GOOG, HMA, ISE, LCUT, LDR, MCHP, MFB, MON, NEW, NVS, POZN, RSCR, RTLX, RUTH, RYI, SNTS, SPR, SYKE

Alpharma Inc. (NYSE:ALO - News) shares slumped after the specialty pharmaceuticals maker said it expects to report 2007 earnings below the average forecast on Wall Street.
Anadarko Petroleum (NYSE:APC - News) was downgraded to neutral from buy at Goldman Sachs.
Biomira Inc. (NASDAQ:BIOM - News) shares fell after the Edmonton, Alberta-based biotech company said it plans to raise $13 million by offering up to 9.63 million units for $1.35 each. Units will consist of one common share and 0.2 of a warrant. Each warrant will entitle the holder to buy one common share at an exercise price of $1.86. The warrants will have a 48-month term and a no-exercise period of six months. The offering is expected to close in the next few days.
Celgene (NASDAQ:CELG - News) shares declined after the company said Barr Pharmaceuticals (NYSE:BRL - News) has filed an Abbreviated New Drug Application with the Food and Drug Administration to market a generic version of thalidomide. Celgene said Barr is seeking approval for the treatment of moderate to severe erythema nodosum leprosum, an immunologic skin ailment. Celgene markets thalidomide under the brand name Thalomid for treatment multiple myeloma, as well as for erythema nodosum leprosum. Celgene said it plans to file a complaint against Barr, alleging infringement of Celgene patents.
CHC Helicopter Corp. (NYSE:FLI - News) reported second-quarter net earnings of C$8.9 million ($7.2 million), or 20 Canadian cents a share, compared with C$39.2 million, or 85 Canadian cents a share, in the same period last year.
CKE Restaurants Inc. (NYSE:CKR - News) said third-quarter net income fell, as income tax expense rose, to $9.46 million, or 13 cents a share, from $15.8 million, or 23 cents a share, during the same period in the prior year. The company also said its blended same-store sales for November rose 2.9%. The company's Carl's Jr. restaurants posted an increase of 0.5% in comparable sales for the four weeks ended Dec. 4, while its Hardee's restaurants saw a jump of 5.2% in same-store sales for the period. Carpinteria, Calif.-based CKE said total consolidated revenue from company-owned stores for the period reached $95.9 million.
Shares of Cooper Cos. (NYSE:COO - News) slumped after the company reported fiscal fourth-quarter results that came in below its own expectations, which the health-care products maker attributed to order processing and shipping delays, and a lackluster response to its new spherical contact lens products.
Shares of CSX Corp. (NYSE:CSX - News) fell after Bear Stearns downgraded the railroad company to peer perform from outperform, due primarily to concerns over valuation. Analyst Edward Wolfe also said CSX was the most-likely of the large-capitalization companies he covers to miss fourth-quarter earnings expectations due to a drag from fuel hedges, a drop off in volume that was worse than expected and than its peers and management's commitment to stay with its operating plan regardless of near-term cost overrides.
EntreMed Inc. (NASDAQ:ENMD - News) shares fell after the company announced that it plans to sell up to 10.7 million shares of its common stock in a transaction valued at about $17.2 million.
Shares of Monster Worldwide Inc. (NASDAQ:MNST - News) slid after the company said a panel investigating its stock option grant practices found evidence that someone intentionally lowered exercise prices so they would have a higher value. The company said it's restating results to record a total charge of $339.6 million to properly account for options granted between 1997 and March 31, 2003.
The disclosure tamped down the positive effects of a note Wednesday by Piper Jaffray & Co. analyst Brett Manderfeld, who wrote that the operator of the Monster.com jobs board was on track for a fourth-quarter that was in-line with expectations of about 60% sales growth.
Share of OptionsXpress (NASDAQ:OXPS - News) fell after the company reported that while its trading volume improved, its account growth slowed. Also, Raymond James analysts downgraded the shares to outperform from strong buy Wednesday, noting account growth, "was well below expectations."
Peerless Systems Corp. (NASDAQ:PRLS - News) said it swung to a third-quarter net loss, as revenue fell, of $18,000, or breakeven on a per-share basis. During the same period in the prior year, net income was $1.05 million, or 6 cents a share.
Shares of Pozen Inc. (NASDAQ:POZN - News) tumbled on news that regulators want additional data for its proposed migraine medication Trexima before they will consider approving the drug.
Qantas Airways has agreed to an A$11 billion takeover offer from a consortium led by Australia's Macquarie Bank and Texas Pacific Group of the U.S. after the group sweetened its bid by 10 cents a share to overcome the Qantas board's reticence, according to a media report.
SAIC Inc. (NYSE:SAI - News) said third-quarter net income rose, as revenue gained, to $98 million, or 28 cents a share, from $91 million, or 25 cents a share, during the same period in the prior year.
Stanley Furniture Co. (NASDAQ:STLY - News) said it plans to cut 200 of the 450 employees at its Robbinsville, N.C. plant. The cuts include management and hourly employees, according to the wood furniture manufacturer.
Tyson Foods (NYSE:TSN - News) was downgraded to underweight from neutral at J.P. Morgan, citing valuation concerns.
Wet Seal Inc. (NASDAQ:WTSLA - News) said certain shareholders will sell 16 million shares of its Class A common stock in a secondary offering. The shares are being sold by affiliates of Prentice Capital Management LP, S.A.C. Capital Associates LLC and GMM Capital LLC. In addition, the underwriters have been granted an over-allotment option to buy up to 2.4 million additional shares. Foothill Ranch, Calif.-based Wet Seal, an apparel retailer, will not receive any proceeds from the offering, other than those received as a result of the exercise of warrants for shares to be sold in the offering.
-MarketWatch

Labels: ALO, APC, BIOM, BRL, CELG, CKR, COO, CSX, ENMD, FLI, Hot Stocks, MNST, OXPS, POZN, PRLS, SAI, STLY, TSN, WTSLA