6.27.2010

Preview June 28

  1. Research In Motion Ltd.'s (RIMM:$52.23,00$-6.348,0-10.84%) Blackberry took an 11% decline on Friday, looking for them to continue or possibly bounce up from this decline.
  2. Valspar Corporation (VAL:$31.08,00$0.16,000.52%) announced today that it has agreed to acquire Australian paint manufacturer
  3. Halozyme Therapeutics, Inc. (HALO:$7.36,00$0.47,006.82%) today announced Phase 2 results benefit those with type 2 diabetes.
  4. Royal Dutch Shell (RDS/B:$50.69,00$-0.05,00-0.10%) will continue its deep-water drilling programme to meet rising global oil demand.
  5. British Petroleum (BP:26.85) down a ton, moving a ton, good intra day scalp, call depends on the mood.
  6.  United Airlines (UAUA:$20.9075,$-0.5825,-2.71%) and US Airways (LCC:$9.16,00$-0.41,00-4.28%), Company directive to fly with less fuel angers pilots, worries safety experts.
  7. Johnson & Johnson (JNJ:$58.70,00$-0.90,00-1.51%) diabetes drug led to improved blood sugar control and weight loss when used in combination with metformin, according to data from a mid-stage study.
  8. Massey Energy (MEE:$31.46,00$0.78,002.54%) began issuing news releases declaring its grief, demanding a wide-open public inquiry and blaming the federal agency assigned to ensure underground safety.
  9. Drilling firm Hornbeck Offshore Services Inc (HOS:$15.65,00$0.80,005.39%) had challenged the suspension and was joined by others like Diamond Offshore Drilling Inc (DO:.$61.70..) . Some companies said they were considering drilling outside U.S. waters because of the ban.
  10. UCO, TNA, both had significant gains friday.
  11. LGF, MGM, Icahn says LGF has enough of their own problems and should avoid MGM merger.
  12. TSCM, TINY, SNBC, ABII, BOCH, TUNE, LSCC, OVTI, all rose after hours on the Nasdaq.
  13. FTWR, XRIT SUPG, ABCB, BDGE,  all fell after hours friday on the Nasdaq. 
    Major Corporate & Economic Events June 28 - July 2
    MONDAY, June 28
    Extended Hours Earnings: BKS, CRWS, MU, SMSC, ZEP.
    Economic Data: 8:30 a.m. Personal Income/Personal Spending; PCE Prices.
    TUESDAY, June 29
    Extended-Hours Earnings: EXFO (EXFO:$5.29,00$0.17,003.32%) , GIS, OMN, PARL, ZZ, WOR.
    Economic Data: 9 a.m. Case-Shiller 20-City Index; 10 a.m. Consumer Confidence.
    WEDNESDAY, June 30
    Extended-Hours Earnings: AYI, AM, CBK, MON, SJR, UNF, XRTX.
    Economic Data: 8:15 a.m. ADP Employment Change; 9:45 a.m. Chicago PMI; 10:30 a.m. Crude Inventories.
    THURSDAY, July 1
    Extended-Hours Earnings: STZ, DMAN, FLOW, MSM, MXB, UNFY.
    Economic Data: 8:30 a.m. Initial Claims; 10 a.m. Construction Spending; ISM Index; Pending Home Sales; 2 p.m. Auto/Truck Sales.
    FRIDAY, July 2
    Extended Hours Earnings: None.
    Economic Data: 8:30 a.m. Unemployment Rate; Payrolls; 10 a.m. Factory Orders.