Miles J. Stoner, @StockHollywood

Dallas, Texas


Aug 11

  1. Tech companies pressured the Nasdaq, with chipmakers Intel Corp (INTC:$19.82,00$-0.83,00-4.02%) and Advanced Micro Devices Inc (AMD:$6.83,00$-0.5900,-7.95%) falling on analysts' downgrades, while Novell Inc (NOVL:$5.82,00$-0.19,00-3.16%) dropped a day after cutting its third-quarter revenue outlook. 
  2. If China were to slow back down to something less than 8 percent, you'd see a sharp decline in copper prices and all kinds of industrial commodity prices.
  3. Photovoltaic solar company SunPower Corp (SPWRA:$12.93,00$-0.55,00-4.08%) posted better-than-expected quarterly earnings and said its profit margins would rise in the second half of the year as it trimmed manufacturing costs.
    1.  12.75-13.52
  4. Star Bulk Carriers Corp. (SBLK:$2.85,00$-0.02,00-0.70%) swung to a second-quarter profit--breaking a year-long streak of losses--as the dry-bulk shipping company lowered vessel operating costs and reported a less-than-feared decline in revenue. They also declared a dividend of .05cents.
    1. 2.85-2.95
  5. EV Energy Partners, L.P. (EVEP:$35.44,00$-0.87,00-2.40%) today announced that it has commenced an underwritten public offering of 3.0 million of its common units representing limited partner interests. The Partnership also intends to grant the underwriters a 30-day option to purchase up to 450,000 additional common units to cover over-allotments, if any.
    1. 35.44-33.74
  6. A123 Systems (AONE:$10.44,00$-0.42,00-3.87%) second-quarter loss widened on higher costs, which again more than offset an increase in revenue, as results for the developer of lithium-ion battery technology fell short of Wall Street's expectations.
    1. 10.53-9.7
  7.  LDK Solar (LDK:$7.4700,$-0.0600,-0.80%) gained in night trade on the back of better-than-expected Q2 results.
    1. 7.58-8
  8. Jazz Pharmaceuticals Inc. (JAZZ:$9.45,00$-0.13,00-1.36%) swung to a loss in the second quarter because of losses from extinguishing debt, but its adjusted bottom line swung to profit.
    1. 9.43-10.03
  9. Cree, Inc. (CREE:$68.96,00$-2.63,00-3.67%) declined in after-hours trade after meeting Q4 revenue expectations, beating on earnings and offering mixed Q1 guidance.
    1. 69.64-61.69
  10. Avago Technologies (AVGO:$22.30,00$-0.60,00-2.62%) expects Q3 revenue of about $550 mln. The Street is at $543 mln, according to Thomson Reuters. The bid/ask gap was large on this stock all ah's.
    1. 22.30-21.50
  11. Regency Energy Partners LP (RGNC:$24.76,00$-0.25,00-1.00%) announced it would offer at least 14 million limited-partnership units, boosting the amount outstanding by about 15%, and use the proceeds to repay debt under its revolving credit facility.
    1. 24.75-23.61
  12. Walt Disney Co. (DIS:$35.29, up.13c, up.37%.) said its fiscal third-quarter profit rose 40% on improved results at ESPN and strong box-office proceeds from "Toy Story 3," "Iron Man 2" and "Alice In Wonderland," easily surpassing most estimates. The entertainment conglomerate said it earned $1.33 billion, or 67 cents a share, compared with a profit of $954 million, or 51 cents a share, in the year-ago period. Sales rose 16% to $10 billion.
    1. 34.98-36.22