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RTTNews News

Futures indicated higher Monday morning
Stock futures were pointing sharply higher Monday morning in New York. The S&P Futures were up 25 points, the Nasdaq Futures were up 32 points, and the Dow Futures were up 200 points.
 
Global stocks rally Monday
Asian stocks rallied on Monday, as the Hang Seng of Hong Kong rose 3.5 percent, while Tokyo's Nikkei picked up 5.8 percent.
 
Genoptix Advances On Q3 EPS News, Boosts FY08 Revenue Outlook
Genoptix GXDX reported third quarter earnings of $0.87 after the bell on Thursday, which included a $0.35 net benefit from the company's recognition of deferred tax assets. The company increased its full year 2008 revenue forecast to $112 million, from prior expectations of $105 million to $108 million. Diluted GAAP earnings for the year are expected to be between $1.60 and $1.65.
 
Emergent BioSolutions Rallies On Q3 EPS News
Emergent BioSolutions EBS reported third quarter earnings of $0.35 after the close on Thursday, which topped the consensus estimate of $0.18. The company now expects to report full year 2008 earnings of $0.70 to $0.83, compared to the consensus estimate of $0.69.
 
DryShips Finishes At New Low
DryShips DRYS declined around mid-morning Friday and slipped further around midday. The stock closed down by $1.51 at $13.79 on above average volume.
 
Sanderson Farms Closes At Fresh All-Time Low
Shares of Sanderson Farms SAFM traded to the downside throughout the first half of Friday's session, before leveling off into a range. The stock closed lower by $2.08 at $25.16.
 
Fuel Systems Solutions Rises On Q3 EPS News, Raises FY08 Revenue Forecast
Fuel Systems Solutions FSYS reported third quarter earnings of $0.75 after the close on Thursday, compared to the consensus estimate of $0.26. The company also increased its full year 2008 consolidated revenue guidance to around $385 million.
 
World Fuel Services Climbs On Higher Q3 EPS News
World Fuel Services INT reported third quarter earnings of $1.49 after the close on Thursday, compared to the $0.56 posted last year.
 
Luminex Advances After Turning Profit In Q3
Luminex LMNX reported third quarter earnings of $0.08 after the close on Thursday, compared to the loss of $0.05 reported last year. The company also increased its full year 2008 revenue forecast to between $102 million and $107 million, from prior expectations of $95 million to $105 million.
 
Taiwan Central Bank Cuts Interest Rate Unexpectedly
Sunday, the Taiwan central bank reduced its key interest rate to stimulate domestic demand and boost economic growth.
 
Hutchinson Technology Tumbles On Q4 Loss
Hutchinson Technology HTCH has plunged amid heavy volume during the first 10 minutes of trading. The plummet comes after the company reported a fourth quarter loss.
 
Toll Brothers Posts Third Consecutive Loss
Toll Brothers TOL has dipped sharply during the first 15 minutes of trading. The stock is posting its third loss in a row and is at its lowest level in over a week, down 72 cents at $19.74.
 
Apple Hits Lowest Level In Over A Week
Apple AAPL has eased steadily throughout the first 20 minutes of trading amid a pickup in volume. The stock is posting its third loss in a row and is at its lowest level in a week and a half, down $3.06 at $96.04.
 
Tower Group Tests 200-Day Moving Average
Tower Group TWGP has accelerated higher amid a pickup in volume during the first 50 minutes of trading. The stock broke resistance and is testing its 200-day moving average, up $2.05 at $23.69.
 
Sunrise Senior Living Picks Up Volume, Hits New Low
Sunrise Senior Living Inc. SRZ is accelerating its decline on increased volume and has fallen to a new multi-year low. Currently, the stock is trading at $1.98 down $1.01 from Thursday's close.
 
Hospira Climbs Sharply On Increased Volume
Hospira Inc. HSP is picking up volume and climbing sharply. Currently, the stock is at a level that, if closed at, will be its highest closing level since mid-October, trading at $31.20 up $1.16 from Thursday's close.
 
SABMiller, Molson Coors' JV posts Q3 net income of US$168.2 mln
Wednesday, brewers SABMiller Plc SAB.L and Molson Coors Brewing Co. TAP, TAP-A.TO announced that their new U.S. joint venture, MillerCoors, reported a third-quarter net...
 
Shanks posts six-month loss; Lifts interim dividend - Update
Thursday, Shanks Group Plc SKS.L reported a loss for the first-half, mainly hurt by higher taxes, and said its board increased interim dividend by 5%.
 
Failed Bank List Grows Longer
With the closure of two more banks -- Security Pacific Bank, California and Franklin Bank, SSB, Texas on Friday, the number of federally insured banks that have failed thus far this year, has reached 19.
 
Australian Dollar Surges To Near 4-week High Against Euro
Monday in Asia, the Australian and New Zealand dollars strengthened against their major counterparts, boosted by better risk appetite after stock markets...
 

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