Briefing.com: Hourly In Play (R) – 22:00 ET

May 13, 2010 (Briefing.com via COMTEX) -- Hourly In Play (R)

Updated: 13-May-10 22:00 ET

18:43

GTY Getty Realty announces pricing of offering of 4,500,000 shares of common stock at $22.00 (22.58 -0.57)

18:31

LACO Lakes Entertainment announces termination agreement with Iowa Tribe of Oklahoma (2.02 -0.06)

Co announced that it entered into a termination agreement with the Iowa Tribe of Oklahoma, its governmental components and instrumentalities ("Tribe") terminating all agreements with the Tribe, including a note under which ~$5.0 million was advanced to the Tribe, effective May 1, 2010

18:24

VGZ Vista Gold announces agreement to repurchase US$5,667,000 in principal amount of its notes (2.35 -0.05)

18:24

Futures are lower after hours with S&P 500 futures 0.2 points below fair value of 1155.50 and Nasdaq 100 futures 1.35 points below fair value of 1944.10

17:48

TSTC Telestone Tech reports Q1 Non-GAAP EPS of $0.14 vs. $0.11 in last year's quarter; revs grew 41% to $11.1 mln (12.68 +0.01)

17:46

IAAC International Assets Hldg reports Q2 EPS of $0.43 vs. $0.53 in last year's quarter; revs grew 158% to $68.0 mln (16.50 +0.12)

17:44

ANIK Anika Therapeutics communicates status of compliance issues with the FDA (6.63 -0.14)

Co announced that the U.S. Food and Drug Administration has accepted the corrective actions put forth by Anika to address the issues raised in the 2008 Warning Letter received by the company, and therefore has removed any restrictions placed upon Anika as a result of that letter.

17:44

OCR Omnicare announced that it has priced its public offering of $400 million aggregate principal amount of 7.75% senior subordinated notes due 2020 (26.40 -0.51) -Update-

The Co expects to use the net proceeds from the offering of the senior subordinated notes to repurchase its 6.75% Senior Subordinated Notes due 2013 pursuant to a tender offer and related consent solicitation which the Company commenced on May 3, 2010.

17:37

RAIL FreightCar America forgoes dividend (28.90 -0.20)

Co announced that at its May 12, 2010 meeting, the Co's Board of Directors decided not to authorize the payment of a cash dividend on its common shares in Q2 of 2010. The decision reflects the Co's strategy to preserve cash in order to help maintain its balance sheet strength.

17:29

TWI Titan announces proposed private offering of at least $150 mln senior unsecured notes (11.93 -0.25)

Co announced that it is proposing an offering through a private placement of at least $150 mln aggregate principal amount of unsecured senior notes. The net proceeds of this offering are intended to be used to fund the cash purchase of any and all of its 8% senior unsecured notes due 2012 through a tender offer, to pay related fees and expenses and for general corporate purposes.

17:28

SLRC Solar Capital Ltd. announces pricing of secondary offering of 5.19 mln shares on behalf of selling shareholders at $22.07/share (22.07 -1.47)

17:26

OMN OMNOVA Solutions' acquisition of Dow Chemical's hollow sphere plastic pigment product line receives FTC approval; cos to dissolve RohmNova paper coatings joint venture (7.99 -0.04)

Co announced that the Federal Trade Commission has granted its approval for the acquisition by OMNOVA of The Dow Chemical Company's hollow sphere plastic pigment (HPP) product line. The transaction is expected to close within the next few days.

17:25

ACFN Acorn Energy reports Q1 EPS of ($0.25) vs. ($0.09) in last year's quarter; revs fell 0.7% to $7.9 mln (5.50 +0.26)

Co confirmed FY10 revs guidance of at least $48 mln, a 54% increase over 2009 revenues of $31.3 mln.

17:21

XRM Xerium Tech reports Q1 ($0.60) vs. ($0.19) in last year's quarter; revs grew 15.9% to $135 mln; co reports court confirmation of prepackaged plan of reorganization and M.O.U. with Chinese PMC producer (1.17 -0.08)

Co reported that on May 12, 2010, the U.S. Bankruptcy Court for the District of Delaware confirmed the Company's prepackaged plan of reorganization under chapter 11 of the U.S. Bankruptcy Code. Also, the co has executed an M.O.U. with a Chinese paper machine clothing manufacturer which calls for the parties to enter into discussions regarding a potential business collaboration, which, if fully implemented, could provide Xerium with in-country manufacturing capabilities within China.

17:14

OESX Orion Energy Systems misses by $0.06; guides FY11 EPS below consensus (4.84 )

Reports Q4 (Mar) ($0.04), $0.06 worse than the First Call consensus of $0.02; revenues rose 22.6% year/year to $18.9 mln vs the $20.3 mln consensus. Co sees FY11 EPS of $0.02-0.10 vs. $0.16 consensus. Co said, "Given the improving economic landscape, Orion will be returning to providing guidance on an annual basis instead of on a quarterly basis." For fiscal 2011, bookings are anticipated to be between $100.0 million and $110.0 million. The Company expects 20% to 25% of its anticipated fiscal 2011 bookings to be driven by projects completed through its OVPP and PPA supply agreements.

17:10

ACF AmeriCredit announces $600 mln senior subordinate asset-backed securitization (22.44 -0.04)

17:09

SVA Sinovac Biotech misses by $0.03; guides FY10 revs below consensus (5.44 -0.06)

Reports Q1 (Mar) ($0.01), $0.03 worse than the First Call consensus of $0.02; revenues fell 32% year/year to $4.4 mln vs the $6.8 mln consensus. Co sees FY10 revs of $60-67 mln vs. $71 mln consensus.

17:04

SEM Select Medical reports EPS in-line, revs in-line; reaffirms FY10 revs in-line (8.76 -0.22)

Reports Q1 (Mar) earnings of $0.15 per share, in-line with the Thomson Reuters consensus of $0.15; revenues rose 4.2% year/year to $584.8 mln vs the $587.2 mln consensus. Co reaffirms in-line guidance for FY10, sees FY10 revs of $2.38-2.42 bln vs. $2.4 bln Thomson Reuters consensus. Co said adjusted EBITDA for 2010 is expected to range from $360-370 mln. The Co also expects its capital spending for 2010 to range from $50-60 mln, and to have free cash flow of ~$120 mln.

17:02

CYBE CyberOptics files for $30 mln mixed shelf offering (11.03 +0.07)

16:59

FPL FPL Group Capital announces sale of $250 mln of debentures guaranteed by FPL Group (52.85 -0.02)

16:49

NS NuStar Energy L.P. announces public offering of 4.4 mln common units (58.92 -0.18) -Update-

16:42

IGT Intl Game Tech provides an update on Alabama electronic charitable bingo market (21.09 -0.27)

Co said, "The legality of electronic charitable bingo in Alabama continues to be under challenge by the state's Governor. Since IGT's FY10 Q2 earnings press release on April 22, 2010, the legal and political climate in Alabama has further deteriorated, and therefore we have determined that the recoverability of our assets in this market has been impaired. As a result, in Q2 ended March 31, 2010, we recognized $53.1 mln of impairment charges, including. Additionally, Q2 revenues were reduced $3.3 mln and interest income was reduced $0.3 million based on our assessment of collectability.

16:41

Fitch reports that U.S. ethanol producers' profitability curtailed by excess capacity and blend wall

16:36

PCX Patriot Coal stockholders approved increase in authorized shares of common stock to 300 mln shares and increase in shares available under Employee Stock Purchase Plan (19.04 -0.16)

16:31

DAR Darling Intl misses by $0.02, beats on revs (9.37 -0.20)

Reports Q1 (Mar) earnings of $0.14 per share, $0.02 worse than the Thomson Reuters consensus of $0.16; revenues rose 22.4% year/year to $162.8 mln vs the $161 mln consensus.

16:27

NVDA NVIDIA beats by $0.02, beats on revs; guides Q2 revs below consensus (14.65 -0.03)

Reports Q1 (Apr) earnings of $0.23 per share, $0.02 better than the Thomson Reuters consensus of $0.21; revenues rose 2.0% year/year to $1 bln vs the $0.99 bln consensus. Co issues downside guidance for Q2, sees Q2 revs down seasonally 3-5% from Q1, equates to ~$951-971 mln vs. $990.92 mln Thomson Reuters consensus. GAAP gross margin is expected to increase to 46-47%. "Our Quadro business for workstations grew strongly, fueled by pent up demand from enterprise customers and new growth markets like video editing. And we had record revenue from Tesla processors for high-end servers."

16:20

HALL Hallmark Capital reports Q1 EPS of $0.31 vs $0.21 Thomson Reuters consensus; revs $75.8 mln vs $74.15 mln Thomson Reuters consensus (11.69 +0.14)

16:16

MDSO Medidata Solutions beats by $0.02, beats on revs; guides Q2 revs in-line; guides FY10 revs in-line (15.49 +0.03)

Reports Q1 (Mar) earnings of $0.14 per share, $0.02 better than the Thomson Reuters consensus of $0.12; revenues rose 11.9% year/year to $37.6 mln vs the $36.9 mln consensus. Co issues in-line guidance for Q2, sees Q2 revs of $38-39 mln vs. $39.40 mln Thomson Reuters consensus. Co issues in-line guidance for FY10, sees FY10 revs of $160-164 mln vs. $162.27 mln Thomson Reuters consensus.

16:13

EMAN eMagin reports Q1 EPS of $0.03 vs. $0.02 in 1Q09; revs rose 16% YoY to $5.9 mln (3.91 +0.56)

Based on current market conditions as well as the company's expectations for a solid second quarter due to scheduled deliveries under existing contracts, firm reiterates guidance of $28-32 mln in total revenue during 2010. Briefing.com note: EMAN also announced it will be Listed on the NYSE Amex Stock Exchange, expected to commence trading on May 18th.

16:12

AGNC American Capital Agency announced its intention to offer 6 mln shares of common stock (27.56 -0.56)

16:12

CA CA Inc Board of Directors approves $500 million common stock repurchase program (21.88 -0.05) -Update-

16:10

CA CA Inc misses by $0.02, misses on revs; guides FY10 EPS above consensus, revs above consensus (21.88 -0.05)

Reports Q4 (Mar) earnings of $0.34 per share, $0.02 worse than the Thomson Reuters consensus of $0.36; revenues rose 6.6% year/year to $1.1 bln vs the $1.13 bln consensus. Co issues upside guidance for FY10, sees EPS of $1.87-1.95 vs. $1.65 Thomson Reuters consensus; sees FY10 revs of $4.5-4.6 bln vs. $4.38 bln Thomson Reuters consensus.

16:09

BBOX Black Box beats by $0.02, reports revs in-line; guides Q1 EPS in-line, revs above consensus (31.74 -0.04)

Reports Q4 (Mar) earnings of $0.78 per share, excluding non-recurring items, $0.02 better than the Thomson Reuters consensus of $0.76; revenues were unchanged from the year-ago period at $241 mln. Co issues guidance for Q1, sees EPS of $0.70-0.75 vs. $0.71 Thomson Reuters consensus; sees Q1 revs of $240-245 mln vs. $237.50 mln Thomson Reuters consensus.

16:08

CAR Avis Budget files for antitrust approval of potential acquisition of Dollar Thrifty Automotive Group (DTG) (13.36 -0.14)

16:07

JWN Nordstrom misses by $0.03, reports revs in-line; guides FY11 EPS in-line (41.29 -1.74)

Reports Q1 (Apr) earnings of $0.52 per share, $0.03 worse than the Thomson Reuters consensus of $0.55; revenues rose 16.6% year/year to $1.99 bln vs the $1.97 bln consensus. Co issues in-line guidance for FY11, sees EPS of $2.50-2.65 vs. $2.61 Thomson Reuters consensus; sees SSS in the range of 4-6% for FY11.

16:06

BSMD BioSphere Medical signs agreement with Merit Medical (MMSI) to be acquired for $4.38/share (3.00 +0.16)

16:06

GPOR Gulfport Energy announces $20 mln common stock offering (13.92 +0.15)

16:05

EMAN eMagin Shares to be Listed on the NYSE Amex Stock Exchange, expected to commence trading on May 18th (3.87 +0.53)

Prior to that date, eMagin's shares will continue to trade on the Over-the-Counter (OTC) Bulletin Board.

16:03

PNW Pinnacle West agrees to sell district cooling business at energy services subsidiary to NRG Energy (NRG); expected to close in June 2010 (36.42 -0.01)

16:03

ELOS Syneron Medical misses by $0.10, beats on revs (11.83 -0.05)

Reports Q1 (Mar) loss of $0.20 per share, excluding non-recurring items, $0.10 worse than the Thomson Reuters consensus of ($0.10); revenues rose 261.3% year/year to $43 mln vs the $41.8 mln consensus.

16:03

BIDZ Bidz.com misses by $0.01, beats on revs; guides Q2 revs in-line (2.04 -0.00)

Reports Q1 (Mar) loss of $0.01 per share, $0.01 worse than the Thomson Reuters consensus of ($0.00); revenues fell 9.6% year/year to $28.2 mln vs the $27.1 mln consensus. Co issues in-line guidance for Q2, sees Q2 revs of $25-27 mln vs. $26.57 mln Thomson Reuters consensus, gross profit margin of approximately 24-26%, as the company will push for market share to get back on a growth curve, and expects EBITDA to be approximately breakeven.

16:02

ICXT ICx Tech beats by $0.04, misses on revs; reaffirms FY10 EPS guidance, revs guidance (6.95 +0.15)

Reports Q1 (Mar) loss of $0.03 per share, $0.04 better than the Thomson Reuters consensus of ($0.07); revenues fell 14.3% year/year to $40.6 mln vs the $44.9 mln consensus. Co reaffirms guidance for FY10, sees EPS of $0.06-$0.25 vs. $0.13 Thomson Reuters consensus; sees FY10 revs of $212-$2226 mln vs. $217.29 mln Thomson Reuters consensus.

16:01

TRLG True Religion names Mike Egeck as president (28.93 -0.62)

16:01

CPIX Cumberland Pharma reports EPS in-line, misses on revs (10.15 -0.49)

Reports Q1 (Mar) earnings of $0.02 per share, in-line with the Thomson Reuters consensus of $0.02; revenues rose 7.4% year/year to $10.1 mln vs the $11.8 mln consensus.

15:55

DBB Global & sector ETF movers- Base metals lead while Thailand lags the global space & homebuilders and home construction underperform sectors heading towards the close -Technical-

The Actively Traded Leading Global & Sector ETFs:

base metals- DBB +1.75%, VIX vol index- VXX +1.25%, VXZ +0.25%, copper- JJC +1.25%, natural gas- UNG +1.0%, iShares S Korea- EWY +1.0%, US Dollar index- UUP +0.50%, iShares Taiwan- EWT +0.50%, US bonds/fixed income- TLT +0.50%, BND +0.25%, AGG +0.25%, Yen currency shares- FXY +0.50%, iShares telecom- IYZ +0.50%, SPDRS metals & mining- XME +0.50%

The Actively Traded Lagging Global & Sector ETFs:

Thailand- THD -3.0%, homebuilders & home construction- ITB -3.0%, XHB -2.50%, US retailers- XRT -2.75%, RTH -1.75%, semis- SMH -2.75%, IGW -2.0%, XSD -2.0%, iShares France- EWQ -1.75%, wind energy- FAN -1.75%, SPDRS cons disct- XLY -1.75%, crude/WTI oil- USO -1.50%, OIL -1.75%, Russia- RSX -1.75%, global timer products- CUT -1.75%

15:36

Conferences and Shareholder/Analyst Meetings of Interest

Events of interest for tomorrow, May 14, include: ATHX Investor/Research & Development Day; ISIL Investor & Analyst Day. Fed/Treasury: Fed's Evans.

15:36

NADX National Dentex "go-shop" period expires to solicit alternative proposals to its merger with an affiliate of GeoDigm; none of the contacted parties submitted a written acquisition proposal (16.87 -0.07)

15:15

BASI Bioanalytical Sys. announced that its Board of Directors named Anthony S. Chilton, Ph.D., as its President and CEO (1.10 +0.02)

15:14

SPY Dow -77 and S&P -10 join Nasdaq Comp -24 at new session lows -Update- -Technical-

15:07

QQQQ Pressure still limited as new low in Nasdaq Comp -16 has not yet been confirmed by S&P -5.9 or Dow -43 -Update- -Technical-

However, intraday resistance levels at 2415 and 2422 Nasdaq, 1168/1169 S&P and 10880/10890 Dow need to be taken out to improve the action off the highs.

14:57

ERTS NASDAQ 100 (NDX) strength & weakness- Video game maker & internet conglomerate now lead heading into the final hour of trading -Technical-

NDX 10 Best % Performers:

ERTS, GOOG, EBAY, WCRX, CTXS, NVDA, BMC, PCAR, NIHD, CA

NDX 10 Worst % Performers:

URBN, FISV, CSCO, MRVL, MAT, AMAT, XLNX, SPLS, ALTR, BBBY

NASDAQ A/D -570

NASADQ TRIN +1.35

14:54

TECHX Morning sector laggards -- Retail XRT, Semi SMH, Housing XHB, Finance XLF -- slide to new session lows -Update- -Technical-

14:54

AA Dow 30 (INDU) strength & weakness- Aluminum name continues to outperform heading into the final hour of trading -Technical-

INDU 5 Best % Performers:

AA, TRV, KFT, WMT, PG

INDU 5 Worst % Performers:

CSCO, AXP, INTC, PFE, GE

NYSE A/D -330

NYSE TRIN +1.35

14:52

UUP Dollar Index retesting morning high and last week's 52-wk peak at 85.25/85.26 -Update- -Technical-

14:47

QQQQ Stock indices slipping back toward midday lows -- Dow -29, S&P -4.4, Nasdaq Comp -12.6 -Update- -Technical-

Noted in the 12:36 update that the Nasdaq Comp had to clear 2420/2422 in order to begin to improve the pattern off the high. It hit 2421 at 13:35 and has recently pulled back to the midday/morning lows at 2411/2410.

14:44

COMDX CBOT Agriculture and Ethanol and ICE Exchange Sugar Closing Prices

July corn closed lower by 5.5 cents to $3.7275 per bushel, July soybeans closed lower by 2 cents at $9.635 per bushel, July wheat closed 12.5 cents lower at $4.79 per bushel, June ethanol closed $0.002 lower at $1.641, July world sugar futures closed 0.01 cents lower to 14.66 cents.

14:43

COMDX NYMEX Energy Closing Prices

Crude oil settled down $1.25 to $74.40, natural gas gained 5.8 cents to close at $4.342, RBOB gasoline shed 1.54 cents to end at $2.195 and heating oil finished off 2.51 cents to $2.134 (all June contracts).

14:33

FSTR L.B. Foster Company and Portec Rail Products (PRPX) entered timing agreement with Antitrust Division of the DoJ (31.20 -0.04)

L.B. Foster Company (FSTR) and Portec Rail Products (PRPX) entered into a timing agreement with the Antitrust Division of the DoJ pursuant to which L.B. Foster and Portec have agreed, subject to certain conditions, that they will not consummate L.B. Foster's acquisition of Portec before July 16, 2010, without the Antitrust Division's consent.

14:15

UEIC Univ Elec announced Paul Bennett, Executive VP and Managing Director, Europe, has established a new trading plan (21.74 -0.26)

Under the plan, Bennett intends to exercise up to 10,000 employee stock options and to sell the underlying shares of UEI common stock beginning May 13, 2010.

13:59

CAMT Camtek receives order for Multiple Falcon Systems; two systems will be installed during Q2 and two systems will be installed in Q3 (3.26 +0.07)

13:37

CI CIGNA and Cancer Treatment Centers of America reach agreement; co will expand access to all Cancer Treatment Centers of America physicians and facilities (34.57 +0.61)

13:34

AMED Amedisys confirms it received inquiry from the Senate Committee on Finance (51.82 -4.39) -Update-

Co confirms it received inquiry from the Senate Committee on Finance related to article published recently in The Wall Street Journal. Co will cooperate with Committee's inquiry. Co adds that the article told an incomplete story about the value of home health to patients, their families, and the overall healthcare system.

13:31

COMDX COMEX Metals Closing Prices

June gold lost $10.10 to finish at $1233.00, July silver shed 20.8 cents to close at $19.455, and July copper gained 4.35 cents to end at $3.2315.

13:30

GERN Geron reports positive study data on GRNCM1 was presented (5.78 +0.05)

Co reported positive preclinical study data showing that GRNCM1, Geron's cardiomyocyte product derived from human embryonic stem cells (hESCs), does not cause cardiac arrhythmias after transplantation into a model of chronic heart damage designed to test this potential safety concern.

13:24

COMDX Crude oil puts in session highs at $76.45; now higher by 61 cents to $76.26

13:17

SPY Stock indices lift off midday lows -- Dow -3.4, S&P -1.9, Nasdaq -7.8 -Update- -Technical-

Some relative sector strength on this move has been noted in: Energy XLE / OIH, Semi SMH, REITs IYR, Coal KOL, Steel SLX, Utility UTIL.

12:55

AFAM Almost Family confirms Senate Finance Committee inquiry; will cooperate fully with request for information on historical home health operations (39.66 -2.93) -Update-

Co confirms it received an inquiry letter from the U.S. Senate Finance Committee regarding a WSJ article. Co intends to cooperate fully with request for historical home health operations information. Co says its Senior Advocacy mission calls for caregivers to provide care based solely on patients' needs and clinical conditions. Co is confident that data will provide clearer picture than portrayed in article.

12:48

CPB Campbell Soup edges to new session high of 36.27, its 52-wk peak from Monday is at 36.28 (36.26 +0.24) -Technical-

12:45

DBB Global & sector ETF movers- Base metals & Natural gas lead here @ midday while homebuilders & home construction now lags -Technical-

The Actively Traded Leading Global & Sector ETFs:

base metals- DBB +2.50%, natural gas- UNG +1.75%, copper- JJC +1.75%, SPDRS metals & mining- XME +1.25%, iShares S Korea- EWY +1.0%, iShares telecom- IYZ +0.75%, iShares Taiwan- EWT +0.75%, airlines- FAA +0.75%, iShares Australia- EWA +0.75%, SPDRS utilities- XLU +0.50%, steel- SLX +0.75%, Yen currency shares- FXY +0.50%, iShares US broker/dealers- IAI +0.50%, coal- KOL +0.50%

The Actively Traded Lagging Global & Sector ETFs:

homebuilders & home construction- XHB -2.0%, ITB -2.75%, Thailand- THD -2.50%, semis- SMH -2.0%, IGW -1.50%, XSD -1.50%, Pound/Sterling currency shares- FXB -1.25%, platinum- PGM -0.75%, PTM -1.0%, SPDRS US retailers- XRT -1.0%, iShares Singapore- EWS -1.0%, Russia- RSX -0.75%, iShares REITS & real estate- ICF -0.75%, IYR -0.75%, SPDRS cons disct.- XLY -0.75%

12:36

COMDX Gold and silver drop to fresh lows

Gold now down $11.50 to $1231.60 and silver is off 27.3 cents to $19.39.

12:36

QQQQ Nasdaq Comp holds near morning low/support again -Update- -Technical-

Noted support for the Nasdaq Comp -11.4 at 2410/2400 (50 ema) in The Technical Take with the index holding near this zone off the open and again in recent trade (session low 2410). The Dow -17 and S&P -3.5 did not confirm the retest of the opening lows with some stabilization noted. However, will need to see the Nasdaq work back through the 2420/2422 intraday resistance to improve the pattern off the high.

12:34

EBAY NASDAQ 100 (NDX) strength & weakness- Internet commerce name now leads @ midday -Technical-

NDX 10 Best % Performers:

EBAY, ERTS, GOOG, NVDA, CTXS, PCAR, NIHD, INFY, JOYG, COST

NDX 10 Worst % Performers:

CSCO, FISV, URBN, MAT, AMAT, XLNX, CMCSA, MRVL, ALTR, BRCM

NASDAQ A/D -495

NASDAQ TRIN +1.10

12:32

AA Dow 30 (INDU) strength & weakness- Aluminum continues to outperform here @ midday -Technical-

INDU 5 Best % Performers:

AA, TRV, VZ, UTX, WMT

INDU 5 Worst % Performers:

CSCO, INTC, AXP, GE, PFE

NYSE A/D -115

NYSE TRIN +1.25

12:29

COMDX After trading back to the flat line, gold has sold off over the past 30 minutes to move back towards its low; now down $8.80 to $1234.40

12:26

GLD streetTRACKS Gold Shares sink to fresh lows as it comes down into yesterday's low of $120.76 (120.81 -0.59) -Technical-

11:57

SPY Stock indices slide further off mid-morning highs -- Dow -26, S&P -4.7, Nasdaq -11.2 -Update- -Technical-

Relative sector weakness on the recent slide has been noted in Semi SMH, Housing, Internet HHH, Biotech IBB, Disk Drive, Networking, Airline, Casino, Steel SLX, Coal KOL, Gold Miners GDX.

11:53

BPHX Blue Phoenix names Nir Peles as CFO, as Varda Sagiv has decided to resign to explore other business oportunities (1.97 -0.01)

11:49

European Markets Closing Prices: FTSE: 5426.7 +43.3 +0.8%, DAX: 6254.0 +70.5 +1.1%, CAC: 3733.9 -0.0 -0.0%, Spain's IBEX: -1.1%, Portugal's PSI: -0.8%

11:49

Rumor Round Up

With the market calming down and an a major deal being announced last night (SAP buying SY), rumors have resurfaced. Takeover rumors circulated this morning on thinly traded Keegan Resources (KGN 6.80 +0.12), which has seen modest strength. Tempur Pedic (TPX 36.14 +1.08) shares spiked in price and volume following rumors that private equity could be interested in the co. Renewed takeover chatter also circulated on Hess (HES 58.26 -0.58), with Exxon Mobil (XOM 64.76 -0.14) being the speculated buyer. We'd note XOM is currently in the process of acquiring XTO Energy (XTO). HES calls are seeing interest following the chatter with 14.7K total calls trading vs 1.1K puts. Renewed Amazon.com (AMZN 135.47 +1.60) for Netflix (NFLX 115.90 +8.07) chatter circulated this morning; however we note NFLX shares were up ~$10 before the rumor circulated. Finally, Equinix (EQIX 101.71 +2.50) shares spiked following a rumor that Verizon (VZ 28.80 +0.10) could be interested in the co. EQIX calls are seeing interest following VZ for EQIX chatter. We note two analysts have come out skeptical of the rumor since it was first circulated. As we always mention, while many rumors circulate during the day, and the validity of the source of these rumors can be questionable, the speculation may increase volatility in the near term.

11:43

GLOI GlobalOptions Group to sell its Preparedness Services unit to Witt Group Holdings for max cash consideration of $22 mln (1.81 -0.22)

11:25

MCD McDonald's vacillating near yesterday's high at 70.94 after forming two inside days (70.87 +0.20) -Technical-

Very tight range trade with MCD forming two inside days (lower high/higher low) in a row (nearly three in a row). Yesterday's high and the weekly high from Tuesday are at 70.94 and 71.10.

11:07

SPY S&P 500 notches another new rebound high but thus far still struggling with resistance zone -Update- -Technical-

(Click for chart).

11:00

TECHX Lack of full sector participation thus far -Update- -Technical-

While the market averages were able to establish new recovery highs this morning, important sectors did not participate (Finance XLF, Semi SMH, Retail XRT, Housing XHB) is a similar move with some downticks noted in recent trade.

10:45

XME Global & sector ETF movers- Metals & mining space leads through the 1st hour of trading -Technical-

The Actively Traded Leading Global & Sector ETFs:

SPDRS metals & mining- XME +2.75%, base metals- DBB +2.25%, natural gas- UNG +1.75%, airlines- FAA +1.75%, iShares S Korea- EWY +1.50%, steel- SLX +1.50%, copper- JJC +1.50%, coal- KOL +1.50%, clean energy- PBW +1.25%, internet index- FDN +1.50%, iShares Australia- EWA +1.0%, iShares Taiwan- EWT +1.0%, oil & gas services- XOP +0.75%, IEO +1.0%, ISE Revere nat gas index- FCG +0.75%, iShares telecom- IYZ +0.75%

The Actively Traded Lagging Global & Sector ETFs:

Thailand- THD -2.0%, VIX vol index- VXX -1.50%, VXZ -1.0%, homebuilders & home construction- ITB -1.0%, XHB -0.75%, crude/WTI oil- USO -1.0%, OIL -1.0%, wind energy- FAN -0.75%, Pound/Sterling currency shares- FXB -0.75%, Russia- RSX -0.75%

10:40

TECHX Sector Relative Strength -Update- -Technical-

Sectors that have been outperforming the S&P during the recent push to new session highs (Dow +16, S&P +1.1, Nasdaq +8) include: Telecom IYZ, Energy/Commodity (Oil Service OIH, Energy XLE, Coal KOL, Steel SLX, Copper JJC, Gold Miners GDX, Materials XLB, Ag/Chem MOO), Casino BJK, Solar TAN, Disk Drive, Utility UTIL.

10:31

COIN Converted Organics recently shipped order of Converted Organics 8-1-4 Lawn & Turf to a new customer, Integrated Turf Care (1.13 +0.02)

10:31

CBS CBS Corp acquires EcoMedia; Terms of the transaction are not being disclosed (15.30 -0.13)

10:30

UNG Natural gas spikes to highs following smaller-than-expected build in inventories; now higher by 5.6 cents to $4.34

10:28

GOOG NASDAQ 100 (NDX) strength & weakness- Internet portals & conglomerates lead the way in the 1st hour of trading -Technical-

NDX 10 Best % Performers:

GOOG, BIDU, EBAY, ERTS, NVDA, PCAR, AMZN, ADSK, CTXS, INFY

NDX 10 Worst % Performers:

FISV, CSCO, URBN, SPLS, MAT, AMAT, BBBY, ALTR, XLNX, VOD

NASDAQ A/D -65 or 1:1

NASDAQ TRIN +0.70

10:25

AA Dow 30 (INDU) strength & weakness- Aluminum name lead through the 1st hour of trading -Technical-

INDU 5 Best % Performers:

AA, UTX, MSFT, HPQ, TRV

INDU 5 Worst % Performers:

CSCO, GE, CVX, DD, KO

NYSE A/D +260 or +1.2:1

NYSE TRIN +1.0

10:19

SPY Fresh session highs for stock indices -Update- -Technical-

The Nasdaq +5.1 has led this morning and is above yesterday's peak, The Dow +4.5 and S&P +0.06 area hovering slightly under Wed highs.

10:17

TNAV TeleNav prices 7 mln share IPO at $8.00 per share; below the $9-10 expected range

The co was originally expected to price its IPO in the $11-13 range.

10:12

CLSN Celsion Phase III ThermoDox HEAT study recommended for continuation by data monitoring committee (4.51 +0.33)

Co announced that after reviewing data from 294 patients including data from 12 Japanese patients enrolled in the pivotal Phase III ThermoDox clinical study for primary liver cancer, the Data Monitoring Committee recommended that Celsion continue to enroll patients in the trial.

10:12

FCX Freeport-McMoRan probes zone of interest at its 200 day ema and the early week high at 73.54/73.49 -- session high 73.57 (73.49 +0.48) -Technical-

10:08

EQIX Equinix breaks to opening highs on a pick up in volume as it runs up near its late Apr high of $104.14, just below its Mar range high near $105.00 (104.45 +5.19) -Update- -Technical-

10:01

MDT Medtronic reports data that key shock-reduction programming significantly reduced ICD and CRT-D shocks (43.48 +0.19)

Results demonstrated how key shock-reduction programming strategies reduced shocks. Additionally, data also demonstrated patients programmed to a slower detection threshold or who had atrial fibrillation with fast ventricular rates were at an increased risk of shocks.

10:01

CMTL Comtech Telecom receives $140.5 mln Blue Force Tracking contract ceiling increase (31.60 -0.28)

Co announced that its subsidiary, Comtech Mobile Datacom, received a $140.5 mln ceiling increase to its existing Blue Force Tracking program contract with the Army. The total contract ceiling is now $384.0 mln for which Comtech has received orders to date totaling $234.4 mln.

09:56

QQQQ Impressive recovery for Nasdaq 100/Comp as they unchanged before pausing -- Dow -17, S&P -2.6 -Technical-

09:54

CSCO Cisco Systems holding near retracement (25.75 -0.99) -Update- -Technical-

The stock held near the early week low at 25.82 off the open but slipped to a new low in recent trade (25.71) leaving it back near support at the 38% retracement of the entire recovery rally at 25.61.

09:53

NFLX Netflix sees some strong opening action as it lifts above its late Apr high of $109.70 and into fresh all-time high territory (113.23 +5.37) -Technical-

09:49

TECHX Stock indices extending rebound off early low -- Dow -10, S&P -1.6, Nasdaq -0.2 -Update- -Technical-

Sectors displaying early relative strength include: Airline +1.5%, Telecom TTH +0.8%, Silver SLV +0.4%, Solar TAN +0.4%, Steel SLX +0.3%, Internet HHH +0.7%, Software +0.3%.

09:49

TECHX Opening Point Gainers/Losers -Technical-

Point Gainers: GOOG (+13.56), SY (+8.34), EMS (+3.69), BIDU (+3.20), WFMI (+2.67), ANW (+2.08), IFLG (+1.94), X (+1.96), SINA (+1.66), TDC (+1.65), CLNE (+1.58), CRM (+1.24)

Point Losers: AMED (-4.19), MIDD (-3.77), CNW (-3.23), VIT (-2.51), TRIT (-2.09), TEF (-1.87), DVN (-1.89), GTIV (-1.84), FISV (-1.68), NETL (-1.18), PBH (-1.48)

09:41

SPY Major averages hold near first level supports on initial test -Technical-

Noted support for the major averages in The Technical Take and have seen them hold near on the early thrust (2410/2400 50 ema Nasdaq, low 2411; 1162/1160 S&P, low 1164; 10824/10810 50 ema Dow, low 10828).

09:37

TECHX Early sector losers -Update- -Technical-

Sectors posting the largest percentage losses in early trade are being led by: Crude Oil USO -1.8%, Semi SMH -1.7%, Housing XHB -1.4%, Transports TRAN -1.4%, Networking -1.2%, Paper -1.1%, Insurance KIE -1.1%, Natural Gas -1% Reg Bank KRE -1%.

09:33

CSCO Cisco Systems quickly slides back near the low for the week at 25.82 -- session low 25.85 (25.88 -0.86) -Update- -Technical-

09:31

KR Kroger and united food and commercial workers local 1000 in Dallas reach tentative agreement, agreement covers over 8,000 Kroger associates (22.35 +0.23)

09:30

HMSY HMS Holdings awarded contract by State of Arkansas Department of Human Services to provide third party recovery services (55.89 -0.36)

09:29

UUP Dollar Index flirting with 52-wk high from last week at 85.26 -Technical-

The Dollar Index spiked to a new 52-wk high on a flight to quality bid last week and this morning it is back flirting with this level at 85.26 (session high 85.24). Congestive resistance above if able to sustain a break is in the 85.90/86.00 area. Secondary levels are near 86.25 with a stronger ceiling near 86.50 (Click for chart).

09:29

CHK Chesapeake Energy announces private placement of $500 mln of 5.75% cumulative non-voting convertible preferred stock (22.53 )

09:28

DCAI Dialysis Corp. of America: U.S. Renal Care, Inc. Announces Extension of Tender Offer for Dialysis Corporation of America to June 1 2010 (11.20 )

09:26

WES Western Gas Partners announced that it has priced its public offering of 4,000,000 common units at $22.25/share (23.15 )

09:24

STV China Digital TV announced that it has entered into a definitive agreement to invest in 3DiJoy Corporation. (7.12 )

China Digital TV Holding announced that it has entered into a definitive agreement to invest in 3DiJoy Corporation. Subject to the completion of customary due diligence and closing conditions, China Digital TV will invest $6 mln in cash to acquire a 24% equity interest in 3DiJoy post investment. The transaction is expected to close in the Q2 of 2010.

09:22

VNR Vanguard Natural Resources announced pricing of public offering of 3.25 mln shares representing LLC interests in it at $23.00/share (24.00 )

09:20

On The Wires

Kennedy Wilson (KW) announced that it has entered into an equity joint venture with PCCP to complete its acquisition of a large apartment community in Northern California... ARCA biopharma (ABIO) announced that it received notification from the NASDAQ Stock Market that the Company has demonstrated compliance with the minimum stockholders' equity requirement for the NASDAQ Global Market set forth in Listing Rule 5450 and that ARCA is in compliance with all applicable requirements for continued listing on the NASDAQ Global Market...SGI (SGI) announced a global initiative with LSI Corporation (LSI) to expand its SGI InfiniteStorage products with new configurations powered by LSI... SKECHERS USA (SKX) signed a licensing agreement with French Craft Leather Goods to design, produce and distribute a SKECHERS-branded line of leather goods and accessories... Great Basin Gold (GBG) reached milestone at its Burnstone mine development project in South Africa with the completion of the raise boring phase, or holing, of the ventilation shaft. This phase included the piloting and reaming of ventilation shaft, which will act as an up-cast shaft to provide sufficient ventilation for mining of blocks B and C, planned to occur over the next approximately 3-year period... Bank of America (BAC) completed about 56,400 permanent mortgage modifications under HAMP and has now completed a total of more than 600K modifications through all available programs since January 2008... The Shaw Group (SHAW) awarded a contract with subsidiary of Entergy Corporation (ETR) to provide extended power uprate plant modifications at Grand Gulf Nuclear Station... Denison Mines (DNN) reports that the Wheeler River joint venture partners have approved the addition of a third drilling rig for the upcoming summer program... Jude Medical (STJ) and iRhythm Technologies announced they have entered into partnership with a focus on iRhythm's Zio Patch.

09:19

CSA Cogdell Spencer announces pricing of 6.5 mln share common stock offering at $7.00 share (7.57 )

09:11

BTN Ballantyne Strong announced it will provide 200 NEC digital cinema projectors for China Film Group Corp, co expects to make initial shipments of 50 projectors in Q2 (8.71 )

09:05

NVAX Novavax announces publication of a pre-clinical study with its pandemic 2009 H1N1 influenza virus-like particle vaccine (2.77 )

Co announced the first report of a vaccine protecting ferrets against the 2009 pandemic H1N1 virus has been published in the journal Vaccine May 12, 2010 online issue.

09:05

MHR Magnum Hunter announced that its borrowing base under its $150 mln senior secured revolving credit facility has been increased from a total of $70 mln to $75 mln (5.20 )

As of May 12, 2010, the co had $61 mln outstanding on the Bank Facility and ~$4 mln in cash, giving the co over $18 mln in current liquidity.

09:03

RPT Ramco-Gershenson prices offering of 6 mln common shares of beneficial interest at $11.50/share (12.49 )

09:02

UG United-Guardian increases semi-annual cash dividend by 7% to $0.30/share (12.41 )

09:01

CDII China Direct in contract to supply manganese ore to a manganese trading/refining co in China; contract expected to generate up to 18 mln in revenue (1.56 )

Co announces that its wholly owned subsidiary, CDII Trading, has entered into a contract to supply manganese ore over the next 12 months to a privately held China-based trading and refining co.

08:58

COMDX Natural gas is selling off as well, and has recently dropped to lows at $4.241; currently down 4.2 cents to $4.242

Reminder that inventory data is at 10:30am ET.

08:46

CVU CPI Aerostructures announces $680,000 order from Sikorsky Aircraft, delivery to begin in early 2011 (9.20 )

08:45

ERI Emrise Receives announces production orders for $1.6 mln in power systems with final shipments taking place at the end of 2011 (0.98 )

08:41

COMDX Crude oil drops a quick point, in electronic trade, to put in lows at $74.01; now off $1.52 to $74.14

08:32

RGN Regenerex Biopharam awarded $3 million grant from National Institutes of Health for development of heart attack drug (0.52 )

08:31

TECHX E~mini index futures see little initial reaction following economic data -Technical-

S&P 500 (ES) +1.50

NDX 100 (NQ) +0.25

INDU 30 (YM) +8

08:31

DDIC DDi Corp announces initiation of $0.06/share quarterly cash dividend (8.99 )

08:30

MDNU Medical Nutrition USA announced the results of a clinical study showing that 91% of women with recurrent urinary tract infections remained symptom-free while taking the company's UTI-Stat (2.85 )

Co announces the results of a clinical study showing that 91% of women with recurrent urinary tract infections remained symptom-free while taking the co's UTI-Stat (ProAntinox) supplement. The study, which was published by Urology also found that UTI-Stat (ProAntinox) significantly improved quality of life as measured by the American Urologic Association Symptom Index.

08:30

BSX Boston Scientific announces FDA clearance of new heart failure lead delivery system (6.81 )

08:24

ADES ADA-ES misses by $0.20, misses on revs (7.13 )

Reports Q1 (Mar) loss of $0.39 per share, $0.20 worse than the Thomson Reuters consensus of ($0.19); revenues fell 20.4% year/year to $3.9 mln vs the $5 mln consensus.

08:12

ECONX Reminder: Initial Claims, Continuing Claims, Export Prices, and Import Prices data due out in about 18 min at 8:30ET

08:11

TTO Tortoise Capital decreased dividend payment for Q2 to $0.10/share from $0.13/share (7.14 )

08:06

Foreclosure activity decreases 9% in April, according to RealtyTrac U.S. Foreclosure Market Report

RealtyTrac released its U.S. Foreclosure Market Report for April 2010, which shows that foreclosure filings -- default notices, scheduled auctions and bank repossessions -- were reported on 333,837 properties in April, a 9% decrease from the previous month and a 2% decrease from April 2009. One in every 387 U.S. housing units received a foreclosure filing during the month. "April was the first month in the history of our report with an annual decrease in U.S. foreclosure activity. Secondly, bank repossessions, or REOs, hit a record monthly high for the report even while default notices dropped substantially on a monthly and annual basis."

08:05

WEN Wendy's beats by $0.01, reports revs in-line; reaffirms FY10 outlook (5.09 )

Reports Q1 (Mar) earnings of $0.02 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.01; revenues fell 3.1% year/year to $837.4 mln vs the $835.2 mln consensus. CO reaffirms FY10 outlook; sees adj. EBITDA growth in the low to mid single digits, with positive SSS at Wendy's and negative SSS at Arby's, but improving YoY.

08:05

ORN Orion Marine announces a contract award of approximately $18 million (17.01 )

08:03

TK Teekay Shipping beats by $0.08, beats on revs (24.71 )

Reports Q1 (Mar) loss of $0.05 per share, $0.08 better than the Thomson Reuters consensus of ($0.13); revenues fell 8.4% year/year to $564.5 mln vs the $485.6 mln consensus.

08:03

TEN Tenneco announced today that it is launching a transaction to amend and extend its existing senior credit facility, which currently expires in March 2012. (24.90 )

Co announced that it is launching a transaction to amend and extend its existing senior credit facility, which currently expires in March 2012. This transaction is expected to enhance the company's financial flexibility by extending the maturity of all or a significant portion of its commitments under its $550 million revolving credit facility and refinancing its existing $128 million term loan A facility.

08:03

OSIS OSI Systems receives approximately $6 mln in new orders for advanced personnel screening solution (25.77 )

08:02

DFT Dupont Fabros Tech prices a 12 mln share common stock offering at $23/share (23.25 )

08:02

LM Legg Mason reports assets under management of $685.3 bln as of 4/30 vs. $684.5 bln a month ago (34.18 )

08:01

RNN Rexahn Pharmaceuticals to initiate Zoraxel Phase IIb trial for treatment of erectile dysfunction (1.81 )

Rexahn's decision to move forward with the Phase IIb trial is supported by data from a Phase IIa proof of concept study of 39 ED patients treated with Zoraxel. The Phase IIa study was completed in May 2009 and demonstrated that Zoraxel consistently improved IIEF scores of treated subjects.

08:00

RRTS Roadrunner Transportation prices 10.6 mln share IPO at $14.00 per share, the low end of the $14-16 expected range

07:56

On The Wires

Expedia's (EXPE) TripAdvisor launched of TripAdvisor for Business and announced its plans for continued expansion in Asia Pacific... Sprint (S) priced 4G HTC EVO 4G at $199.99. The HTC EVO 4G will be available in all Sprint retail channels, including Sprint.com and national retail partners, RadioShack (RSH), Best Buy (BBY) and Wal-Mart (WMT)... RADCOM (RDCM) closed new deals for a total of ~$1.5 mln with two major Brazilian operators... Shire plc (SHPGY) subsidiary filed a lawsuit against Actavis Elizabeth and Actavis for the infringement of U.S. Patent Nos. 5,854,290, 6,287,599, and 6,811,794... U.S. Patent and Trademark Office granted second patent to Johnson Outdoors (JOUT) for its Humminbird Side Imaging sonar technology... ChinaCast Education (CAST) signs articulation agreement with Seton Hall University for students from ChinaCast's universities in China to transfer up to 60 of their credits earned in China into one of Seton Hall's bachelor degree programs.

07:32

AMSC Am Superconductor beats by $0.02, beats on revs; guides FY11 EPS in-line, revs in-line (29.24 )

Reports Q4 (Mar) earnings of $0.18 per share, $0.02 better than the Thomson Reuters consensus of $0.16; revenues rose 43.1% year/year to $87.6 mln vs the $85 mln consensus. Co issues in-line guidance for FY11, sees EPS of $1.15-1.20 vs. $1.17 Thomson Reuters consensus; sees FY11 revs of $415-425 mln vs. $421.65 mln Thomson Reuters consensus.

07:30

GRS Gammon Gold reports changes in foreign exchange translations requiring a restatement of 2008 and 2009 financial statements (7.68 )

Co announces it intends to restate and re-file its audited consolidated financial statements and MD&A for the years ended December 31, 2009 and 2008.

07:30

HON Honeywell announced it has signed an agreement valued at approximately $142 mln to acquire Matrikon (46.87 )

Co announced it has agreed to acquire Matrikon. Matrikon's sales were ~$80 mln for the 12 month period ending in February 2010. In addition Matrikon has also granted an option to Honeywell to acquire their outstanding shares at a price of $4.50 CAD per share, exercisable at any time after July 12, 2010, until nine months from the date hereof.

07:25

AMRN Amarin updates guidance for ANCHOR and MARINE trials (2.15 )

Near the start of 2010, Amarin initiated two pivotal Phase 3 clinical trials to investigate the efficacy of AMR101 in reducing elevated triglyceride levels in two patient populations (the ANCHOR and MARINE trials). Both trials have progressed well since then and the Company now expects to complete enrollment of these trials in 2011. As a result of this progress, Amarin expects to report preliminary top-line results of these trials in 2011, ahead of previously stated guidance of preliminary results reported in 2012.

07:23

OCR Omnicare announced it intends to offer $400 mln, senior subordinated notes due 2020 (26.91 )

In connection with the offering, the co intends to refinance its existing revolving credit facility with a new $400 million revolving credit facility.

07:19

STST Argon ST misses by $0.03, misses on revs; lowers FY10 rev guidance in-line (25.44 )

Reports Q2 (Mar) earnings of $0.21 per share, $0.03 worse than the Thomson Reuters consensus of $0.24; revenues fell 19.1% year/year to $77.3 mln vs the $87.3 mln consensus. Co lowers guidance for FY10, sees FY10 revs of $370-390 mln vs. $383.12 mln Thomson Reuters consensus, with operating income of $37-42 mln, operating profit consensus of $40.6 mln. The co was awarded contract bookings of $128.4 mln in the quarter and ended the quarter with a backlog of $258.8 mln.

07:10

GIL Gildan Activewear beats by $0.05, beats on revs; raises FY10 outlook

Reports Q2 (Mar) earnings of $0.41 per share, excluding non-recurring items, $0.05 better than the Thomson Reuters consensus of $0.36; revenues rose 33.5% year/year to $326.8 mln vs the $290.8 mln consensus. Co raises guidance for FY10, sees FY10 revs of ~$1.3 bln vs. in excess of $1.2 bln previously and the $1.25 bln Thomson Reuters consensus; co now sees FY10 gross margin close to 27% vs 26% previously.

07:08

CVVT China Valves Tech reports EPS in-line, misses on revenue; reaffirms FY10 net income guidance (9.76 )

Reports Q1 (Mar) earnings of $0.20, excluding items, in-line with Thomson-Reuters consensus of $0.20; revenue increased 54.7% year/year to $26.8 mln vs 30.14 mln consensus. Co reaffirms FY10 net income guidance of $40.0 mln.

07:04

CHUX O'Charley's misses by $0.41, reports revs in-line; guides Q2 revs in-line (9.30 )

Reports Q1 (Mar) loss of $0.21 per share, $0.41 worse than the Thomson Reuters consensus of $0.20; revenues fell 6.9% year/year to $271.5 mln vs the $273.8 mln consensus. First quarter same-store sales at O'Charley'scompany-operated restaurants declined by 6.7%. Co issues in-line guidance for Q2, sees Q2 revs of $194-200 mln vs. $199.11 mln Thomson Reuters consensus. Co projects Q2 adjusted EBITDA of $10-13 million. This forecast includes the impact of the recent flood event in Tennessee, which co estimates will reduce revenues by ~$0.5 million, and reduce second quarter income from operations by between $0.2-0.3 million.

07:02

KSS Kohl's beats by $0.02, reports revs in-line; guides Q2 EPS below consensus; raises FY11 EPS guidance

Reports Q1 (Apr) earnings of $0.64 per share, $0.02 better than the Thomson Reuters consensus of $0.62; revenues rose 10.9% year/year to $4.04 bln vs the $4 bln consensus. Co issues downside guidance for Q2, sees EPS of $0.70-0.75 vs. $0.88 Thomson Reuters consensus. Co raises guidance for FY11, sees EPS of $3.57-3.75 vs. $3.77 Thomson Reuters consensus, from $3.40-3.63 previously.

07:02

MHS Medco Health Solutions approves $3 bln share repurchase program (58.82 )

06:48

S&P futures vs fair value: -1.10. Nasdaq futures vs fair value: -4.50.

06:48

Asian Markets

Nikkei...10620.55...+226.50...+2.20%. Hang Seng...20422.46...+210.00...+1.00%.

06:48

European Markets

FTSE...5412.01...+28.70...+0.50%. DAX...6234.33...+50.70...+0.80%.

06:34

GWR Genesee & Wyoming reports traffic volumes for April 2010. GWI's traffic in April 2010 was 72,023 carloads, an increase of 9,979 carloads, or 16.1%, compared with April 2009 (39.50 )

06:33

ACAT Arctic Cat misses by $0.06, reports revs in-line; guides FY11 EPS in-line, revs in-line (13.10 )

Reports Q4 (Mar) loss of $0.52 per share, $0.06 worse than the Thomson Reuters consensus of ($0.46); revenues fell 7.4% year/year to $84 mln vs the $83.7 mln consensus. Co issues in-line guidance for FY11, sees EPS of $0.18-0.33 vs. $0.31 Thomson Reuters consensus; sees FY11 revs of $447.0-460.0 mln vs. $459.42 mln Thomson Reuters consensus.

06:18

On The Wires

Omeros (OMER) announces that based on successful preclinical studies, the co has selected a clinical candidate for its MASP-2 antibody program and has initiated the cGMP manufacturing development process in preparation for clinical trials... Stereotaxis' (STXS) safety and efficacy in the treatment of patients with complex arrhythmias such as atrial fibrillation, ventricular tachycardia, and congenital heart defects will be featured prominently in the scientific program of the 31st Annual Heart Rhythm Scientific Sessions in Denver, CO.... Amerigon Incorporated (ARGN) announces its heated and ventilated seat system will be offered as an option on the front seats of the 2011 KIA Sportage.

06:14

CRIC China Real Estate Info beats by $0.01, beats on revs; guides Q2 revs in-line (8.41 )

Reports Q1 (Mar) earnings of $0.07 per share, excluding non-recurring items, $0.01 better than the Thomson Reuters consensus of $0.06; revenues rose 123.3% year/year to $27.2 mln vs the $24.3 mln consensus. Co issues in-line guidance for Q2, sees Q2 revs of $36.0-38.0 mln vs. $38.77 mln Thomson Reuters consensus.

06:10

CRIC China Real Estate Info announces strategic cooperation with Baidu (8.41 )

Co announces that it has entered into a strategic cooperation agreement with Baidu (BIDU). Under the cooperation agreement entered into between CRIC and Baidu, CRIC obtains the exclusive right to build and operate all of Baidu's web channels related to real estate and home furnishing. CRIC will retain all revenues generated from these channels.

06:07

PBH Prestige Brands misses by $0.06, misses on revs (9.89 )

Reports Q4 (Mar) earnings of $0.15 per share, excluding non-recurring items, $0.06 worse than the Thomson Reuters consensus of $0.21; revenues rose 4.0% year/year to $71.4 mln vs the $73.4 mln consensus.

06:06

URBN Urban Outfitters beats by $0.01, reports revs in-line (39.41 )

Reports Q1 (Apr) earnings of $0.31 per share, $0.01 better than the Thomson Reuters consensus of $0.30; revenues rose 24.7% year/year to $480 mln vs the $476.6 mln consensus.

05:19

VIT VanceInfo Tech beats by $0.01, beats on revs; guides Q2 EPS in-line, revs below consensus; reaffirms FY10 guidance (24.99 )

Reports Q1 (Mar) earnings of $0.15 per share, $0.01 better than the Thomson Reuters consensus of $0.14; revenues rose 47.3% year/year to $44.3 mln vs the $43.7 mln consensus. Co issues guidance for Q2, sees EPS of $0.15-0.16 vs. $0.16 Thomson Reuters consensus; sees Q2 revs of $47.5 mln vs. $48.12 mln Thomson Reuters consensus. Co reaffirms original guidance for FY10 announced in February 2010.

03:43

ESLT Elbit Systems beats by $0.06, misses on revs (58.87 )

Reports Q1 (Mar) earnings of $1.15 per share, $0.06 better than the Thomson Reuters consensus of $1.09; revenues fell 5.9% year/year to $618.2 mln vs the $680.8 mln consensus. Backlog of orders totaled $5,247 million as of March 31, 2010, as compared with $5,044 million as of December 31, 2009. Approx 73% of the backlog relates to orders outside of Israel. Approx 68% of the co's backlog as of March 31, 2010, is scheduled to be performed during the upcoming three quarters of 2010 and during 2011.

01:59

TEF Telefonica S.A. reports 1Q10 results (60.71 )

OIBDA totalled 5,114 million euros (-4.1%), the OIBDA margin was 36.7%, and operating cash flow (OIBDA-CapEx) was 3,923 million euros. ~2/3 of Group revenue and 58.1% of OIBDA were generated outside Spain while the contribution from Latin America (1,577 million euros) and Europe (583 million euros) to operating cash flow increased. The number of adds grew 16.9% year-on-year which, combined with customer loyalty initiatives, saw net adds nearly multiplying by 2.6x the figure of the same period in 2009. Excluding accesses at Hansenet and Medi Telecom in both periods, net adds in the first quarter of 2010 totalled 4.3 million accesses in organic terms. At 31 March 2010 Telefonica reported 8.6 million more accesses than at year-end 2009. Consolidated net income for the quarter totalled 1,656 million euros, 2% higher than the year ago figure in 2009 in reported terms. Basic EPS was 0.36 euros, up 2.6% year/year (no estimates available).

01:51

CPII CPI International reports EPS in-line, revs in-line (15.79 )

Reports Q2 (Mar) earnings of $0.25 per share, in-line with the Thomson Reuters consensus of $0.25; revenues rose 7.9% year/year to $88.4 mln vs the $88.4 mln consensus. On May 10, co announced they will be acquired by Comtech Telecommunications for ~$16.40/share in cash and stock.

01:38

On The Wires

Brightpoint (CELL) and Research In Motion (RIMM) expand the distribution of BlackBerry smartphones and software in Australia... Cell Therapeutics (CTIC) announces an agreement with the North Central Cancer Treatment Group to conduct a phase II study of pixantrone in patients with HER2-negative metastatic breast cancer who have tumor progression after at least two, but not more than three, prior chemotherapy regimens.

01:36

IOC InterOil misses by $0.19, misses on revenue (60.10 )

Reports Q1 (Mar) net loss of $0.07 per share, $0.19 worse than Thomson-Reuters consensus of $0.12; revenue increased 10.61% year/year to $178.82 mln vs $225.03 mln consensus. Corporate refining and downstream distribution operating businesses derived a net profit for the quarter of $4.0 million, while the upstream and midstream liquefaction development businesses realized a net loss of $7.1 million. EBITDA for the quarter was $4.9 million, compared with $10.9 million in the same quarter of 2009,

01:25

EXPR Express prices IPO of 16.0 mln common shares at $17.00/share

Express is offering 10.5 mln shares of common stock and selling shareholders are offering 5.5 mln shares of common stock.

01:22

KEG Key Energy Services provides April 2010 activity data (10.92 )

Co provides April 2010 activity data. With fewer available work days in April, total rig and trucking hours decreased 6.5%, and 2.2%, respectively, from the previous month. International rig hours declined 20.2% from the previous month. Year/year U.S. rig hours increased 13.4%. Total trucking hours increased 14.0% year/year. Int'l rig hours increased 11.4% year/year.

18:54

USO In after hours trading, June crude oil is trading down $0.13 at $75.52 per barrel (36.77 +0.01) -Update-

18:54

GLD In after hours trading, June gold is down $5.10 at $1238.00 per ounce (121.40 +0.74) -Update-

18:49

Futures are lower after hours with S&P 500 futures 1.77 points below fair value of 1169.67 and Nasdaq 100 futures 7.39 points below fair value of 1974.14

18:40

BRFS Brasil Foods S.A. reports Q1 net income of R$53 mln vs (R$465 mln) in the same quarter last year; revs fell 1% to R$5.8 bln (12.55 -0.11)

18:13

SVM Silvercorp Metals misses by $0.03; guides FY11 revs below consensus (8.96 +0.43)

Reports Q4 (Mar) earnings of $0.06 per share, $0.03 worse than the Thomson Reuters dual-analyst est of $0.09; revenues rose 62% year/year to $28.2 mln vs the $31.7 mln consensus. Co issues downside revs guidance; co sees FY11 revs of $140 mln vs. $151.4 mln consensus. For fiscal year 2011, SVM expects a 13% increase in silver production to 5.3 million ounces with production from the TLP, HPG and LM mines continuing to grow as mine development progresses. The Co's production plan is to produce ~500,000 tonnes of ore at grades of 360 g/t silver, 8% lead and 1.2% zinc, yielding 5.3 mln ounces of silver, 83.7 mln pounds of lead and 10.3 mln pounds of zinc.

18:06

HOLI HLS Systems reports Q3 in-line, misses on revs (9.61 +0.10)

Reports Q3 (Mar) earnings of $0.10 per share, in-line with the Thomson Reuters consensus of $0.10; revenues rose 45.7% year/year to $33.4 mln vs the $39.3 mln consensus.

18:02

MYL Mylan announces upsizing and pricing of senior notes (21.60 -0.17)

Co announced that it increased the size of its previously announced private placement of senior notes upon pricing. MYL priced $550 mln aggregate principal amount of 7.625% Senior Notes due 2017 at an issue price of 99.972% and $700 mln aggregate principal amount of 7.875% Senior Notes due 2020 at an issue price of 99.970%. MYL expects to use ~$1.0 bln of the net proceeds from the private placement to prepay a portion of its outstanding term loans, thereby reducing senior secured leverage and extending the maturity profile of its outstanding indebtedness, and the remainder for general corporate purposes, including debt repayment.

18:02

SLW Silver Wheaton misses by $0.03, misses on revs (20.95 +0.19)

Reports Q1 (Mar) earnings of $0.13 per share, $0.03 worse than the Thomson Reuters consensus of $0.16; revenues rose 128.5% year/year to $85.9 mln vs the $91.3 mln consensus. Silver equivalent sales of 5.0 million ounces (4.4 million ounces of silver and 8,600 ounces of gold), representing an increase of 58% over the comparable period in 2009.

18:01

CE Celanese announces emulsions price increases in Europe, Africa and Middle East (30.26 +1.22)

Co announced that it will increase the price of all vinyl based emulsions sold to Europe, Africa and the Middle East by EUR80/tonne, effective June 1, 2010, or as contracts allow.

18:00

STJ St. Jude Medical announces FDA approval of Unify CRT-D and Fortify ICD (39.19 +0.79)

Co announced U.S. Food and Drug Administration approval and first U.S. implants of its Unify cardiac resynchronization therapy defibrillator (CRT-D) and Fortify implantable cardioverter defibrillator. The new devices feature advanced battery technology and circuitry that allow for the smallest device footprint in the industry and rapid charge times, without any compromise in device longevity or power.

17:56

SLE Sara Lee agrees to sell its 51% stake in the Godrej Sara Lee Ltd. joint venture to Godrej Consumer Products Ltd. (14.35 +0.02)

Co announced it has agreed to sell its 51% stake in the Godrej Sara Lee Ltd. joint venture to Godrej Consumer Products Ltd. for EUR185 mln. The transaction, which is subject to customary closing conditions, is anticipated to close before the end of SLE's fiscal year on July 3, 2010. The co has announced it has received binding offers from Unilever (UL) for its Body Care business for EUR1.275 bln and from P&G for its Air Care business for EUR320 mln. In total, Household & Body Care transactions to date are expected to generate pretax sales proceeds of ~EUR1.780 bln. In February, SLE hedged EUR1.6 billion at $1.35.

17:41

CBB Cincinnati Bell to acquire CyrusOne Data Center operations for $525 mln (3.74 +0.16)

CBB and ABRY Partners have entered into a definitive agreement for CBB to acquire data center operator CyrusOne in a cash transaction valued at ~$525 mln. In connection with this transaction, CBB has obtained commitments for a $970 mln senior secured credit facility to fund the purchase price of the acquisition, refinance CBB's existing revolver and term loans, pay fees and expenses incurred in connection with the transaction, and finance ongoing working capital and other general corporate needs.

17:40

CHC China Hydroelectric reports Q1 EPS of $0.12 vs $0.62 in the Q1 2009; revs grew 243% to $15.8 mln (9.73 +0.48) -Update-

17:36

PRXI Premier Exhibitions reports Q4 GAAP ($0.25), vs. GAAP ($0.28) from the same quarter last year; revs grew 2% to $10.3 mln (1.45 -0.03)

17:33

GXDX Genoptix: HistoRx receives key patent on application of AQUA Technology to personalized medicine (29.98 +0.33)

Co annouced HistoRx , announced that the U.S. Patent and Trademark Office has granted a patent protecting the company's methods for determining a cancer patient's prognosis based on sub-cellular localization of biomarkers.

17:33

CFW Cano Petroleum misses by $0.02; Continuing maintenance level capital development plan until Resaca (1.06 -0.01)

Reports Q3 (Mar) ($0.04), $0.02 worse than the Thomson Reuters consensus of ($0.02); revenues rose 61% year/year to $5.8 mln vs the $6.5 mln consensus. Merger Update: Resaca Exploitation, Inc. ("Resaca") has filed its registration statement on Form S-4 and amendments thereto with the Securities and Exchange Commission (the "SEC").

17:28

MIDD Middleby misses by $0.08, beats on revs (62.75 +2.01)

Reports Q1 (Mar) earnings of $0.74 per share, $0.08 worse than the Thomson Reuters consensus of $0.82; revenues fell 11.5% year/year to $160.7 mln vs the $158.6 mln consensus.

17:25

NSU Nevsun Resources: Bisha update & plant commissioning targets (3.20 +0.13)

Co announces the Bisha Project is positioned to be Eritrea's first modern day mine, with production under the current mine plan to yield payable metals of 1.06M oz gold, 734M lb copper, 1B lb zinc and 9.4M oz silver. It benefits from the continued support of the local Eritrea Government and is fully financed. Mine construction continues on schedule, with the Bisha project now ~60% complete. The Co is still on target for the commissioning of the plant in Q4 2010 and all key senior operations personnel are in place for supervision, training and commissioning purposes.

17:20

SY Sybase: SAP AG confirms it will acquire Sybase for $65/share (56.14 +14.59) -Update-

SAP AG (SAP) and Sybase (SY) confirm SAP's subsidiary, SAP America, has signed a definitive merger agreement to acquire Sybase in all cash tender offer for all of the outstanding shares of Sybase common stock at $65.00 per share. The transaction will be funded from SAP's cash on hand and a EUR2.75 billion loan facility. The Sybase board of directors has unanimously approved the transaction. The transaction is expected to close during the third quarter of 2010 and will be immediately accretive to SAP's earnings per share on a non-IFRS adjusted basis.

17:18

CLNY Colony Financial misses by $0.11 (19.49 +0.43)

Reports Q1 (Mar) core earnings of $0.14 per share, $0.11 worse than the First Call consensus of $0.25. Colony Financial's book value per common share on March 31, 2010 was $19.47 before the accrual of deferred underwriting expenses, unchanged from December 31, 2009.

17:18

DARA DARA BioSciences shareholders approve reverse stock split within the range of 2:1 to 16:1 (0.39 +0.02)

17:13

CMFO China Marine Food beats by $0.04 (6.31 +0.09)

Reports Q1 (Mar) earnings of $0.18 per share, $0.04 better than the First Call consensus of $0.14; revenues rose 18.7% year/year to $19.7 mln vs the $20.6 mln consensus. Co reaffirms FY10 revs of $100 mln vs. $101.2 mln consensus; co reaffirms net income guidance of $21.5 mln vs. $21.5 mln consensus.

17:10

VNR Vanguard Natural Resources Announces Public Offering of 3.25 common shares (24.00 +0.69)

Co announced that it has commenced a public offering of 3.25 mln common shares. The co intends to grant the underwriters a 30-day option to purchase up to an additional 487,500 common shares.

17:09

VCI Valassis commences cash tender offer for up to $270 mln of its 8 1/4% senior notes due 2015 (35.78 +0.27)

17:01

APAC APAC Cust Svc beats by $0.01; reaffirms FY10 EPS and revs in-line (6.08 +0.17)

Reports Q1 (Mar) earnings of $0.12 per share, $0.01 better than the First Call consensus of $0.11; revenues rose 16.4% year/year to $85.3 mln vs the $81.6 mln consensus. Co reaffirms FY10 EPS of $0.44-0.46 vs. $0.45 consensus, reaffirms revs of $320-330 mln vs. $327.4 mln consensus.

17:01

KWR Quaker Chemical increases quarterly dividend to $0.235 from $0.23 (29.93 +1.63)

16:57

VIMC Vimicro reports Q4 ($0.02) vs. ($0.24) in the same quarter last year; revs grew 7% to $23.7 mln (4.69 +0.19)

For Q1 of 2010, the Co is providing preliminary revenue estimates and expects revenue to be between $19-20 mln, representing ~100% growth over the $10.0 mln reported in Q1 of 2009.

16:46

WRES Warren Resources announces successful new tar reservoir wells in California (3.42 +0.10)

The co announces that two new Tar reservoir wells drilled since April 15, 2010 in the Wilmington Townlot Unit ("WTU") in California have been placed on production and have exhibited initial producing rates of approximately 400 barrels of oil per day ("BOPD") combined. Wells drilled to the Tar formation typically experience production decline rates of 40% to 60% in the first year.

16:44

IRIS IRIS Intl Corporate Vice President and CFO Peter L. Donato resigns (11.72 +0.30)

16:43

ANV Allied Nevada announced it entered into an agreement with a syndicate of underwriters, which have agred to purchase 13 mln shares of common stock on a bought deal basis (21.75 +0.33)

16:41

CSA Cogdell Spencer announces 6.5 mln share common stock offering (7.57 +0.12)

16:39

GNK Genco Shipping & Trading announced that reached an agreement to sign a time charter for the Genco Beauty for ~11-13.5 months at a rate of $27,000 per day (21.91 +0.75)

16:38

ANW Aegean Marine Petrol announces agreement to acquire Shell Las Palmas Terminal (26.65 +1.57) -Update-

Co announced it has entered into an agreement to acquire from Shell Espana S.A. the assets and operations of the Shell Las Palmas terminal in the Canary Islands, which is located near the northwest coast of mainland Africa. The acquisition, which is subject to the completion of detailed documentation, is expected to close by the end of July.

16:37

YONG Yongye Intl. beats by $0.02, beats on revs; co reaffirms FY10 revs in-line (7.97 0.64)

Reports Q1 (Mar) earnings of $0.10 per share, $0.02 better than the First Call consensus of $0.08; revenues rose 100.5% year/year to $24.9 mln vs the $19.4 mln consensus. Yongye expects to achieve at least a 50% annual growth rate in revenue. Co reaffirms FY10 revs of $160-165 mln vs. $160.3 mln consensus.

16:35

IRDM Iridium Communications announced that in April 2010, the Russian Government Commission Expert Opinion approved Iridium's entry in to the Russian market (8.31 +0.36)

16:33

ART Artio Global Investors reported preliminary month-end AUM of $56.3 bln as of April 30, 2010, compared to $56.4 bln as of March 31, 2010 (22.02 +1.07)

16:32

SPTN Spartan Stores beats by $0.07, beats on revs (15.40 +0.20)

Reports Q4 (Mar) earnings of $0.29 per share, excluding non-recurring items, $0.07 better than the Thomson Reuters consensus of $0.22; revenues fell 3.9% year/year to $558.8 mln vs the $538.4 mln consensus.

16:32

LULU Lululemon Athletica announces increased equity ownership in Australian business (43.14 +3.58)

Co announced that it has increased the co's equity interest in its Australian joint venture partner, New Harbour Yoga Pty, from 13 to 80.3%.

16:31

NKSH Natl Bankshares announced it renewed its authorization of a stock repurchase plan for up to 100,000 shares of common stock by extending the date to May 31 2011 (28.49 +1.24)

16:31

NEXM NexMed announces pre-clinical study showing Vitaros significantly promotes wound healing (0.425 -0.0026)

16:30

NED Noah Education announces a $10 mln ADS repurchase program over a period of 1 yr (4.14 +0.04)

16:29

ENT Enterra Energy unitholders approve previously announced plan of arrangement pursuant to which Enterra will convert into a growth oriented exploration and production company (2.70 +0.11)

16:29

KBR KBR Inc. announced that it received a $60 million award fee related to its LogCAP III work in Iraq, Afghanistan, and Kuwait (21.97 +0.38)

16:28

STLY Stanley Furniture halted, news pending (9.44 +0.61)

16:26

CPWM Cost Plus announces appointment of Joseph H. Coulombe, former CEO and founder of Trader Joe's, to non-executive chairman of the board of directors (5.75 +0.29)

16:25

WRC Warnaco Group announces five mln share repurchase program, represents 11.3% of outstanding shares (45.88 +0.89)

16:25

ENS Enersys beats by $0.02, beats on revs; guides Q1 EPS above consensus (24.64 +0.83)

Reports Q4 (Mar) earnings of $0.45 per share, excluding non-recurring items, $0.02 better than the Thomson Reuters consensus of $0.43; revenues rose 14.6% year/year to $450.5 mln vs the $441.9 mln consensus. Co issues upside guidance; co sees Q1 EPS of $0.47-0.51 vs. $0.45 consensus.

16:24

LGF Lions Gate Entertainment: Icahn says pleased to see 44% of Lions Gate shareholders voting opposed the Poison Pill (6.91 -0.01) -Update-

16:18

CDII China Direct reports Q2 EPS of $0.06 vs. ($0.06) in the same quarter last year; revs grew 13% to $23.4 mln (1.56 +0.04)

CDII continues to see its net income ranging between $8-10 mln on revenue ranging from between $130-150 mln.

16:15

TCX Tucows reports Q1 in-line (0.75 +0.04)

Reports Q1 (Mar) earnings of $0.01 per share, in-line with the Thomson Reuters dual-analyst est of $0.01; revenues rose 1.8% year/year to $20.4 mln vs the $21.8 mln dual-analyst est.

16:14

WES Western Gas Partners announces public offering of 4 mln common units (23.15 -0.09)

16:14

CLD Cloud Peak Energy beats by $0.07, reports revs in-line (9.92 +0.46)

Reports Q1 (Mar) earnings of $0.38 per share, $0.07 better than the Thomson Reuters consensus of $0.31; revenues rose 919.7% year/year to $311 mln vs the $313.1 mln consensus. Co sees FY10 avg price of fixed contracts $12.34, $13.02 in FY11. "We believe the first quarter of 2010 saw the transition from an oversupplied coal market to one where utilities are seeing increased demand for electricity and are raising their expectations for coal burn."

16:13

SUPX Supertex misses by $0.07, beats on revs; guides Q1 revs above consensus (27.80 +0.50)

Reports Q4 (Mar) earnings of $0.09 per share, $0.07 worse than the Thomson Reuters consensus of $0.16; revenues rose 37.3% year/year to $20.6 mln vs the $20.2 mln consensus. Co issues upside guidance for Q1, sees Q1 revs growth sequentially, which calculates to ~$23.7-24.7 mln vs. $21.06 mln Thomson Reuters consensus. Co said it sees 15-20% higher sequentially due to strength in our medical electronics, LED lighting and backlighting, and imaging markets. Co said, "We can expect fiscal 2011, which started on April 4, 2010, to be a record year in sales."

16:12

CNW Con-way announces common stock offering of 4.3 mln shares (38.16 +0.62)

Co announced that it has commenced an underwritten public offering of 4.3 mln shares of its common stock. In addition, the co intends to grant the underwriters a 30-day option to purchase up to 645,000 additional shares of its common stock to cover over-allotments, if any.

16:12

VRTU Virtusa reports Q4 EPS of $0.15 vs $0.13 Thomson Reuters consensus; revs $47.8 mln vs $47.88 mln Thomson Reuters consensus (9.93 +0.35)

Virtusa sees Q1 EPS of $0.10-0.14 vs $0.14 Thomson Reuters consensus; sees revs $49.8-52.3 mln vs $48.14 mln Thomson Reuters consensus; Virtusa sees FY11 EPS of $0.57-0.73 vs $0.69 Thomson Reuters consensus; sees revs $201-215 mln vs $203.15 mln Thomson Reuters consensus

16:11

AVAV AeroVironment receives $11.2 mln order for Raven Unmanned Aircraft Systems and Services under existing contract with U.S. Army (26.69 +1.21)

16:10

RA RailAmerica reports that its total freight carloads for the month ended April 30, 2010 were 73,136, up 10.7% from 66,091 in April 2009 (12.68 +0.41)

16:10

CBST Cubist Pharma announced its patent litigation trial against Teva (TEVA) has been rescheduled to June 9 (21.51 +0.55)

16:09

WFMI Whole Foods beats by $0.05, beats on revs; guides FY10 EPS above consensus (40.25 0.77)

Reports Q2 (Mar) earnings of $0.38 per share, $0.05 better than the Thomson Reuters consensus of $0.33; revenues rose 13.4% year/year to $2.11 bln vs the $2.05 bln consensus. Comparable store sales increased 5.7%. The Company currently has 295 stores totaling approximately 11.0 million square feet. Three additional stores are expected to open in the third quarter. Co issues upside guidance for FY10, sees EPS of $1.33-1.37 vs. $1.25 Thomson Reuters consensus.

16:08

CSCO Cisco Systems beats by $0.03, beats on revs, with in-line gross margin (26.74 +0.78)

Reports Q3 (Apr) earnings of $0.42 per share, excluding non-recurring items, $0.03 better than the Thomson Reuters consensus of $0.39; revenues rose 27.0% year/year to $10.37 bln vs the $10.24 bln consensus. Co reports Q3 gross margins of 64% vs co guidance of 64-65%. "We witnessed a return to strong balanced growth across geographies, products and customer segments that we haven't seen since before the global economic challenges began."

16:08

DRYS DryShips beats by $0.05, misses on revs (5.60 +0.21)

Reports Q1 (Mar) earnings of $0.27 per share, excluding non-recurring items, $0.05 better than the Thomson Reuters consensus of $0.22; revenues rose 0.3% year/year to $194.2 mln vs the $202.8 mln consensus.

16:07

MCBF Monarch Community Bancorp revises Q1 earnings (1.79 +0.14)

Co reports that results have been revised and include additional provisions for loan losses ~$1.2 million. After giving effect to these adjustments, the net loss attributable to Monarch Community Bancorp increased from $113,000 or $.06 per share to $1.2 million, or $.67 per share.

16:06

PSSI PSS World Med misses by $0.02, misses on revs (23.45 +0.25)

Reports Q4 (Mar) earnings of $0.28 per share, $0.02 worse than the Thomson Reuters consensus of $0.30; revenues rose 5.8% year/year to $496.9 mln vs the $517.0 mln consensus.

16:05

SSNC SS&C Techs reports Q1 EPS of $0.22 vs $0.20 Thomson Reuters consensus; revs $78.2 mln vs $75.83 mln Thomson Reuters consensus (16.12 +0.79)

SSNC sees Q2 revs of $80-81 mln vs $78.73 mln Thomson Reuters consensus; sees FY10 revs of $324-328 mln vs $319.78 mln Thomson Reuters consensus

16:05

THQI THQ Inc announced it has adopted a section 382 rights agreement (6.54 +0.07)

As of March 31, 2010, co had federal net operating loss carryforwards totaling ~$350 million and federal R&D tax credit carryforwards of approximately $24 million.

16:04

RPT Ramco-Gershenson announces a 6 mln share common shares of beneficial interest offering (12.48 +0.49)

16:02

SLRC Solar Capital announces secondary offering of 5.89 mln shares on behalf of selling stockholders (23.54 +0.04)

16:01

AUTH AuthenTec reports EPS in-line, beats on revs; guides Q2 EPS in-line, revs above consensus (2.40 +0.04)

Reports Q1 (Mar) loss of $0.08 per share, in-line with the Thomson Reuters consensus of ($0.08); revenues rose 10.8% year/year to $9.2 mln vs the $8.6 mln consensus. Co issues mixed guidance for Q2, sees EPS of ($0.10)-($0.06) vs. ($0.08) Thomson Reuters consensus; sees Q2 revs of $10.4-$11.4 mln vs. $9.99 mln Thomson Reuters consensus.

16:01

TRBN Trubion Pharma announces acceptance of two presentations on its SBI-087 product candidate at EULAR 2010 (3.56 +0.02)

Co announces the acceptance of two Phase 1 data presentations on SBI-087 at the 2010 annual congress of the European League Against Rheumatism in Rome, Italy. Presentations will include promising data from a Phase 1 study of SBI-087 for the treatment of rheumatoid arthritis and a Phase 1 study of SBI-087 for the treatment of systemic lupus erythematosus.

16:01

OMER Omeros reports Q1 EPS of ($0.31) vs ($0.30) Thomson Reuters consensus; revs $0.38 mln vs $0.37 mln Thomson Reuters consensus (6.12 -0.18)

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