Jim Cramer Blog

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Pathmark Stores (NasdaqGM:PTMK) announces earnings on Wednesday before the open; look for -$0.04 EPS. PTMK's PowerRating is 6.

Casey's General (NasdaqGS:CASY) is expected to announce $0.26 EPS after the close on Wednesday afternoon. CASY's PowerRating is 6.
Netflix (NasdaqGS:NFLX) received a downgrade at Citigroup today, in light of rival Blockbuster's (NYSE:BBI) aggressive price cuts. NFLX's PowerRating is 5, and BBI's PowerRating is 7.
It was announced that Horizon Offshore (NasdaqGM:HOFF) agreed to be bought by Cal Dive International (NYSE:DVR - News) for $628 million. HOFF's PowerRating is 4, and DVR does not have a PowerRating due to its short trading history.
Lehman Brothers (NYSE:LEH) on Monday soundly beat earnings expectations, but the company warned that the housing slump and mortgage weakness continues to negatively affect its fixed-income capital markets business. LEH's PowerRating is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BBI, CASY, DVR, HOFF, LEH, NFLX, PTMK

Here are 7 stocks for traders for Thursday from TradingMarkets.com:
ADC Telecom (NasdaqGS:ADCT) beat earnings on Wednesday afternoon, announcing $0.35 EPS over an expected $0.23 EPS. ADCT's PowerRating is 5.

Science Applications International (NYSE:SAI) missed earnings on Wednesday; analysts were looking for $0.20 EPS, but SAI announced $0.18 EPS. SAI does not have a PowerRating due to its short trading history.
DSW (NYSE:DSW) beat earnings on Wednesday afternoon, with $0.54 EPS over an expected $0.47 EPS. DSW's PowerRating is 5.
CRA International (NasdaqGS:CRAI) reports earnings on Thursday before the market opens; look for $0.53 EPS. CRAI's PowerRating is 5.
When Pathmark Stores (NasdaqGM:PTMK) reports quarterly earnings tomorrow morning, analysts will be watching for -$0.04 EPS. PTMK's PowerRating is 6.
Smithfield Foods (NYSE:SFD) should report $0.34 EPS on Thursday before the market opens. SFD's PowerRating is 6.
Analysts expect UTI Worldwide (NasdaqGS:UTIW) to report $0.18 EPS tomorrow morning. UTIW's PowerRating is 6.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ADCT, CRAI, DSW, Hot Stocks, PTMK, SAI, SFD, UTIW

Celanese Corp. (NYSE:CE - News) said it plans to buy back up to $400 million worth of its common stock in a modified Dutch auction tender offer. The chemical company, which is based in Dallas, also disclosed plans to a refinancing of its existing senior credit facilities, senior subordinated notes and senior discount notes. The company expects the plan to reduce debt by more than $200 million.
Myriad Genetics (NasdaqGS:MYGN - News) said a follow-on Phase 2 study of Flurizan shows that it may be capable, not only of slowing the decline of Alzheimer's disease, but of halting the disease in its tracks. "This analysis of patient response to Flurizan in the Phase 2 trial suggests that the drug may, in many patients, actually halt disease progression over a 24-month time frame. Since Flurizan appears to slow the biological progression of the disease, this is an exciting and novel finding, and if replicated in the ongoing Phase 3 trials will be extraordinarily important," the company said.
Shares of Pathmark Stores (NasdaqGM:PTMK - News) rallied after the company agreed to be acquired by Great Atlantic & Pacific Tea Co. (NYSE:GAP - News) for $1.3 billion in cash, stock and assumed debt.
Published By MarketWatch

Labels: CE, GAP, MYGN, PTMK