Miles J. Stoner, @StockHollywood

Dallas, Texas

6.21.2010

Preview June 22

Milestone Financial Investments LLC - "Intra-Day Scalping at its Finest."
  1. UTStarcom (UTSI:$2.20,00$0.30,0015.79%) is up 14.2%, or 27c, to $2.17
  2. Oil and natural gas explorer Rex Energy Corp (REXX:$11.60,00$-0.18,00-1.53%)
  3. Whitney Holding Corporation (WTNY:$10.13,00$-0.07,00-0.69%)
  4. AgFeed Industries, Inc. (FEED:$3.23,00$-0.02,00-0.62%)
  5.  Vonage Holdings Corp (VG:$2.4600,$-0.2300,-8.55%) fell 10.04% to $2.42 at 3:45 PM ET on June 21, 2010.
  6.  Ambac Financial Group Inc (ABK:$0.7687,$-0.0305,-3.82%) rose 10.10% to $0.86 at 9:42 AM ET on June 18, 2010.
  7. Motorola, Inc. (MOT:$7.17,00$-0.09,00-1.24%), good news came out.
  8. IP network communications provider INX Inc (INXI:$4.80,00$-0.08,00-1.64%) said it will restate financial statements from prior periods due to certain errors that make them unreliable, sending its shares down 10 percent in extended trade.
  9.  Marvell Technology Group Ltd. (MRVL:$18.53,00$-0.51,00-2.68%) : Large open-market sale made by company Directors on Jun 14th, at trade price (US$17.51 - 18.45). Disclose date: Jun 14th
  10.  SanDisk Corp (SNDK:$48.04,00$-0.98,00-2.00%) crossed above its 52-week high of $50.29 on 9:40 AM ET on June 21, 2010.
  11. Affymetrix (AFFX:$6.51,00$0.07,001.09%)
  12. Tuesday Morning Corp (TUES:$4.63,00$-0.10,00-2.11%) rose 10.12% to $5.33 at 10:51 AM ET on June 14, 2010.
  13. Gentium SpA (GENT:$4.80,00$-0.21,00-4.19%) rose 11.95% to $5.20 at 12:44 PM ET on June 18, 2010.
  14. Cray Inc. (CRAY:$6.43,00$0.10,001.58%) today announced that the Company has been named to Seattle Business magazine's annual list of Washington's 100 Best Companies to Work For 2010.
  15. Focus Media (FMCN:$16.85,00$0.24,001.44%)
  16. Goodrich Petroleum (GDP:$15.62) upgraded by Howard Weil from Market Perform to Market Outperform.
  17.  EXCO Resources Inc (XCO:$16.91,00$-0.53,00-3.04%)
  18. Marshall & Ilsley Corporation (MI:$7.65,00$-0.23,00-2.92%) announced its Board of Directors has declared a regular quarterly cash dividend of $21,437,500.
  19. Quicksilver Resources (KWK:$13.08,00$-0.19,00-1.43%)
  20. Heckmann Corporation (HEK:$5.08,00$-0.16,00-3.05%)
  21. Shares of home builders slumped Thursday after Toll Brothers Inc. (TOL:$17.63,00$-0.32,00-1.78%) said recent deposits and traffic have been running behind the year-earlier figures, raising worries demand has weakened more than expected.
    • Existing Home Sales come out tomorrow.
  22. Cadence Pharmaceuticals, Inc. (CADX:$6.87,00$-0.32,00-4.45%) , a biopharmaceutical company focused on in-licensing developing and commercializing proprietary product candidates principally for use in the hospital setting, announced today that it has signed an agreement providing Cadence with an exclusive option to acquire Incline Therapeutics, Inc., a privately held specialty pharmaceutical company.
  23. Patriot Coal Corp (PCX:$16.20,00$0.30,001.89%) said its operating unit, Eastern Associated Coal, has terminated operations at a mine in West Virginia citing adverse geologic conditions, sending shares down 4 percent in extended trading.
  24. Royal Gold (RGLD:$53.35,00$-0.44,00-0.82%) was down in evening action after announcing a 6.5 million share offering.
  25. Sonic (SONC:$9.1) declined in after-hours trade after reporting its Q3 results declined vs. year ago levels.
  26. Steelcase (SCS:$7.64,00$0.19,002.55%) reports Q1 revs of $541.8 mln, down from $545.6 mln in the year ago quarter. Loss for the quarter was $0.08 per share, vs. $0.00 per share last year. The Street view was $530 mln in revs and a loss of $0.06 per share.
  27. California Pizza Kitchen Inc (CPKI:$16.83,00$-2.06,00-10.91%) , which has put itself up for sale, cut its second-quarter profit forecast after the absence of a popular promotion contributed to weaker-than-expected sales, and its shares fell 11 percent.
  28. U.S. Internet service provider EarthLink Inc (ELNK:$8.40,00$-0.03,00-0.36%) has filed a petition with the U.S. Federal Communications Commission (FCC) to block the planned merger of cable provider Comcast Corp and NBC Universal.
  29. Worthington Industries, Inc. (WOR:$13.77,00$0.20,001.47%) announced today that it has purchased the assets of Hy-Mark Cylinders, Inc.
  30. Pet products retailer PetSmart Inc (PETM:$31.68,00$-0.26,00-0.81%) Monday said it got its board's nod to raise quarterly dividend by 25 percent and to buy back up to $400 million of its shares.
    The company will pay shareholders dividend of 12.5 cents a share, up from 10 cents a share, on August 13.
  31. Premier Exhibitions, Inc. (PRXI:$1.32,00$0.08,006.45%) Announcement Regarding Its Largest Shareholder
  32. The agreement, which will benefit Visa Inc. (V:$80.90,00$3.86,005.01%) and MasterCard Inc. (MA:$223.34,00$9.08,004.24%) , will be offered Tuesday by House of Representatives negotiators working with their Senate counterparts to reconcile the wide-ranging financial-regulation bill.
  33.  American Eagle Outfitters (AEO:$12.62,00$-0.39,00-3.00%) , based on the South Side, recently tested a text message promotion program called AE MobiLife, thanking participants with a code for $20 off a purchase of $50 or more

College grads and other young adults in this economic downturn really don't have it easy. There's the horrendous job market. There's the fact that average incomes are sliding -- a burden that can negatively affect your entire lifetime of earnings. College tuition rates haven't budged, and contribute to steep debt loads upon graduation. There's the ballooning federal deficit and state budget problems -- and all that implies for the future of tax rates (higher) and government services (fewer). There's the murky outlook for Social Security and Medicare.
And now we can add one more to the list: No more free bank accounts.