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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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... |
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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%. |
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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. |
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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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