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Stock Market & Financial Investment News

News Breaks
November 9, 2011
09:43 EDTSLXP, RL, RAX, PHX, PANL, WTW, SGI, RCL, PSMT, PDC, OME, STEC, ROVI, RBCN, POWL, PCX, OCN, DOX, CNK, ASH, NOV, MIDD, HNR, FSYS, EPHC, DIOD, CE, ADBE, NILE, MFB, GDP, FST, DWA, CSC, BKR, ACI, MRX, LAD, G, ESE
theflyonthewall.com: Gappers report
Only two stocks met the criteria for bullish gaps this morning - PANL and SLXP. This is a list of stocks making unusual moves on the open versus the prior day close. Gapping stocks often have excessive movements during the day and in the days thereafter. We use 5% for filter criteria and scanned for stocks that traded above $10 the prior day. GAPPING DOWN: ROVI (28.29%), NILE (27.37%), MFB (23.30%), STEC (18.89%), POWL (15.54%), PHX (13.64%), RBCN (12.87%), PSMT (11.21%), CSC (11.13%), FSYS (10.52%), BKR (10.28%), ADBE (9.63%), HNR (9.00%), G (8.81%), LAD (8.37%), MRX (7.41%), DWA (7.22%), OCN (7.15%), OME (7.04%), ASH (6.97%), WTW (6.75%), ESE (6.57%), DIOD (6.49%), RL (6.29%), PCX (6.16%), CNK (6.11%), NOV (6.10%), PDC (5.94%), RAX (5.61%), DOX (5.49%), CE (5.33%), EPHC (5.21%), SGI (5.16%), ACI (5.15%), MIDD (5.11%), GDP (5.09%), RCL (5.05%), FST (5.04%). GAPPING UP: PANL 5.20%, SLXP 6.06%. :theflyonthewall.com



News For ACI;ADBE;ASH;BKR;CE;CNK;CSC;DIOD;DOX;DWA;EPHC;ESE;FST;FSYS;G;GDP;HNR;LAD;MFB;MIDD;MRX;NILE;NOV;OCN;OME;PANL;PCX;PDC;PHX;POWL;PSMT;RAX;RBCN;RCL;RL;ROVI;SGI;SLXP;STEC;WTW From The Last 14 Days
Check below for free stories on ACI;ADBE;ASH;BKR;CE;CNK;CSC;DIOD;DOX;DWA;EPHC;ESE;FST;FSYS;G;GDP;HNR;LAD;MFB;MIDD;MRX;NILE;NOV;OCN;OME;PANL;PCX;PDC;PHX;POWL;PSMT;RAX;RBCN;RCL;RL;ROVI;SGI;SLXP;STEC;WTW the last two weeks.
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May 23, 2012
07:31 EDTOCN
theflyonthewall.com: Piper Jaffray to host a summit
Financial Services Summit is being held in New York on May 23 and in Boston on May 24. :theflyonthewall.com
07:29 EDTROVI
theflyonthewall.com: B. Riley to host a conference
13th Annual B. Riley & Co Investor Conference is being held in Santa Monica, California on May 21-23 with webcasted company presentations to begin on May 23 at 11 am; not all company presentations may be webcasted. Webcast Link :theflyonthewall.com
06:58 EDTPCX
theflyonthewall.com: Patriot Coal volatility spikes on financing and customer uncertainty’s
Patriot Coal overall option implied volatility of 165 is above its 26-week average of 77 according to Track Data, suggesting larger price movement on uncertainty surrounding the company's financing arrangements and recent customer default. :theflyonthewall.com
06:29 EDTPCX, ACI
theflyonthewall.com: Stocks with implied volatility movement; PCX ACI

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05:43 EDTPCX
theflyonthewall.com: Patriot Coal downgraded to Hold from Buy at Deutsche Bank

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05:41 EDTPCX
theflyonthewall.com: Patriot Coal tells employees still in talks for allotment of coal

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May 22, 2012
16:23 EDTPCX
theflyonthewall.com: On The Fly: Closing Wrap

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15:30 EDTRAX
theflyonthewall.com: Rackspace calls more active on wide price movement
Rackspace June 55 and 60 calls are active on total call volume of 7,900 contracts (700 puts). June call option implied volatility is at 47, July is at 43, September is at 46; compared to its 26-week average of 45 according to Track Data. Active call volume suggests traders taking positions for larger price movement. :theflyonthewall.com
14:57 EDTPCX, ACI
theflyonthewall.com: Patriot Coal rebounding after announcing talks with lenders, Blackstone hiring

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14:21 EDTPCX
theflyonthewall.com: Patriot Coal trading resumes following second halt

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14:17 EDTPCX
theflyonthewall.com: Patriot Coal trading halted again for circuit with shares down 28% to $2.41
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14:13 EDTPCX
theflyonthewall.com: Patriot Coal trading resumes, shares down 44% to $1.88
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14:12 EDTACI, PCX
theflyonthewall.com: Arch Coal, Alpha Natural, Peabody pare losses after Patriot Coal statement

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14:10 EDTPCX
theflyonthewall.com: Patriot Coal halted for circuit breaker after issuing statement on refinancing

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14:10 EDTPCX
theflyonthewall.com: Patriot Coal says working with Blackstone on financing package
Patriot Coal announced that earlier this month, it announced that it entered into a commitment letter for a new revolving credit facility and new term loan facility for a total of $625M from Citigroup, Barclays and Natixis. Patriot Coal said it is continuing to work with these lenders to strengthen its finances, including the replacement of its current credit facilities well before certain of its debt obligations become due in March 2013. Patriot Coal added that it has engaged Blackstone and continues to work with Davis Polk & Wardwell, its long-standing counsel, to achieve an optimal financing package. :theflyonthewall.com
14:08 EDTPCX
theflyonthewall.com: Patriot Coal halted for circuit breaker after coming off lows
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12:24 EDTACI, PCX
theflyonthewall.com: Coal miners sink after Patriot reportedly explores refinancing
Patriot Coal (PCX) and other met coal miners are retreating after online news publisher Debtwire reported that Patriot on Friday met with restructuring advisors because it may need to refinance its debts. In early afternoon trading, Patriot Coal tumbled 27.98% to $2.42. Arch Coal (ACI), Alpha Natural Resources (ANR), CONSOL Energy (CNX), James River (JRCC), and Walter Energy (WLT) all fell significantly. :theflyonthewall.com
12:10 EDTPCX, ACI
theflyonthewall.com: Arch Coal, Alpha Natural, CONSOL, James River down with Patriot Coal

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12:00 EDTPCX
theflyonthewall.com: Patriot Coal falls 22%

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11:58 EDTPCX
theflyonthewall.com: Patriot Coal drops 24% following report of meeting with restructuring advisors

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11:43 EDTPCX
theflyonthewall.com: Patriot Coal put volume and volatility spikes on wide share price movement
Patriot Coal May and June 2 puts are active on total put volume of 16K contracts (2K calls). June put option implied volatility is at 177, July is at 166; above its 26-week average of 77 according to Track Data, suggesting larger price movement. :theflyonthewall.com
11:40 EDTPCX
theflyonthewall.com: Patriot Coal drops 18%, or 61c, to $2.75

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09:49 EDTRL
theflyonthewall.com: Ralph Lauren: Near-term buyer caution in Europe doesn't change long-term view

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09:41 EDTRL
theflyonthewall.com: Polo Ralph Lauren sees Q1 operating margin down 250-300 bps from prior year

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09:39 EDTRL
theflyonthewall.com: Polo Ralph Lauren sees FY13 operating margin "modestly" above FY12
Sees operating margin pressure in first half, followed by operating margin expansion in back half of year. :theflyonthewall.com
09:33 EDTRL
theflyonthewall.com: Polo Ralph Lauren says $577M remaining under share buyback plan at end Q4

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09:30 EDTRL
theflyonthewall.com: Polo Ralph Lauren sees recovery in product margins in second half of year
Comment from Q4 earnings conference call. :theflyonthewall.com
09:20 EDTRL
theflyonthewall.com: Ralph Lauren says company, consumer concerned about near term economic trends

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09:14 EDTRL
theflyonthewall.com: Polo Ralph Lauren sees launching e-commerce in Japan in second half of FY13

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09:11 EDTRL
theflyonthewall.com: Polo Ralph Lauren sees opening 60 new stores in greater China in next 3 years

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08:26 EDTFST, GDP
theflyonthewall.com: BMO Capital hosts an analyst Energy E&P/Industry conference call
Energy E&P update and outlook conference call will be held on May 22 at 11 am. Relevant tickers include NFX, BCEI, KOG, NOG, EQT, RRC, SWN, CHK, GDP, REXX, FST, XCO, KWK.. :theflyonthewall.com
08:24 EDTACI
theflyonthewall.com: BofA/Merrill's transportation analysts hold a conference call

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08:08 EDTRL
theflyonthewall.com: Polo Ralph Lauren increases dividend 100% to 40c

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08:07 EDTRL
theflyonthewall.com: Polo Ralph Lauren expects revenue to increase by a low single-digit percentage
In the Q1, the Company expects consolidated net revenues to increase by a low single-digit percentage. Wholesale sales are expected to be flat to slightly below the prior year period, as strength in North America is offset by a decline in Europe, the continued transition of certain Japanese wholesale operations to directly operated concessions and the closure of certain wholesale operations in Greater China. Retail sales are expected to increase by a high single-digit percentage, reflecting broad-based momentum worldwide. Foreign currency effects are estimated to negatively impact net revenue growth by approximately 200-300 basis points in the Q1 quarter. Operating margin from continuing operations for the Q1 is expected to be approximately 250-300 basis points below the comparable prior year period due to the timing of investments to support the Company's strategic growth objectives and the impact of overall channel mix. :theflyonthewall.com
08:05 EDTRL
theflyonthewall.com: Polo Ralph Lauren sees FY13 revenues to grow by a mid-single-digit percentage

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08:03 EDTRL
theflyonthewall.com: Polo Ralph Lauren reports Q4 EPS 99c, consensus 83c

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07:56 EDTROVI
theflyonthewall.com: Rovi shares significantly undervalued, says JMP Securities

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06:04 EDTDOX
theflyonthewall.com: Tata Communications deploys Amdocs solution to consolidate network inventory

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05:18 EDTG
theflyonthewall.com: Genpact Signs Business Process Management Engagement with Dr. Reddy's Labs

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04:48 EDTNOV
theflyonthewall.com: Jim Cramer's "Mad Money"

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May 21, 2012
20:43 EDTRAX
theflyonthewall.com: Rackspace management to meet with Wells Fargo

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15:15 EDTRL
theflyonthewall.com: Companies reporting Before the Market Open on Tuesday, May 21

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13:35 EDTBKR
theflyonthewall.com: Michael Baker unit awarded contract valued at $231M

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12:29 EDTMRX
theflyonthewall.com: Medicis gets verbal notice from USPTO on notices of allowance of patents
Medicis disclosed in a regulatory filing that on May 16 the company received verbal notification that the United States Patent and Trademark Office expects to issue Notices of Allowance for the company’s United States patent applications directed to the use of ZYCLARA for the treatment of actinic keratosis. As of May 18 the intended issuance of the Notices of Allowance was reflected on the USPTO’s public Patent Application Information Retrieval website. The company expects to receive the formal Notices of Allowance from the USPTO in Q2. :theflyonthewall.com
10:32 EDTGDP
theflyonthewall.com: Goodrich Petroleum volatility at upper end of three-year range
Goodrich Petroleum June and July call option implied volatility of 75 is above its 26-week average of 65 according to Track Data, suggesting larger price movement. :theflyonthewall.com
10:00 EDTGDP
theflyonthewall.com: Goodrich Petroleum rises 10.6%

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09:50 EDTPANL
theflyonthewall.com: Universal Display continues recent downtrend, support now at $24.30
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08:50 EDTRL
theflyonthewall.com: Polo Ralph Lauren and PVH Corp. recommended at Goldman

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08:49 EDTRBCN
theflyonthewall.com: Rubicon Technology supplying Peregrine with SoS wafers, says Lazard Capital

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08:40 EDTROVI
theflyonthewall.com: Rovi, Nuance to advance voice activated guidance and content discovery

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08:34 EDTROVI
theflyonthewall.com: Rovi TotalGuide solution debuts in pace set-top boxes

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08:05 EDTPDC
theflyonthewall.com: Pioneer Drilling files $300M mixed securities shelf
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07:33 EDTOME
theflyonthewall.com: Janney Capital to host a conference

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06:06 EDTCNK
theflyonthewall.com: China's Dalian Wanda Group acquires AMC Entertainment, WSJ reports

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May 20, 2012
09:40 EDTRL
theflyonthewall.com: Jim Cramer's "Mad Money"

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May 18, 2012
07:35 EDTCNK
theflyonthewall.com: Sony, movie theaters fight over payiment for 3-D glasses, Bloomberg reports

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May 17, 2012
12:05 EDTCSC
theflyonthewall.com: CSC says SEC investigation continuing
Says expects international investigation to come to a conclusion soon. :theflyonthewall.com
12:00 EDTCSC
theflyonthewall.com: CSC says making transition to an operating company

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11:54 EDTCSC
theflyonthewall.com: CSC says not looking to sell entire segments, but smaller peices of portfolio

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11:53 EDTCSC
theflyonthewall.com: CSC says could experience another $50M-$60M of restructuring charges in FY13

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11:28 EDTCSC
theflyonthewall.com: CSC says FY13 revenue declining 3%-5% y/y, consensus $15.83B

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11:14 EDTCSC
theflyonthewall.com: CSC says sees more management appointments in the coming weeks

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11:13 EDTCSC
theflyonthewall.com: CSC says has started "pretty intensive" review of non-core assets

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11:12 EDTCSC
theflyonthewall.com: CSC "hopeful" NHS interim agreement will get completed in not too distant future
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11:11 EDTCSC
theflyonthewall.com: CSC says has identified 40 troubled outsourcing contracts

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11:09 EDTCSC
theflyonthewall.com: CSC says plans to cut costs, expenses by $1B over 12-18 months
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11:07 EDTCSC
theflyonthewall.com: CSC says Q4 results "very poor," "unacceptable"
Says taking immediate actions to begin to move in a different direction, adds that there are "some bright spots". Comments made on the Q4 earnings conference call. :theflyonthewall.com
10:33 EDTFST
theflyonthewall.com: On The Fly: Analyst Downgrade Summary

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10:31 EDTPANL
theflyonthewall.com: Universal Display drops 9% after discussing patent litigations
Universal Display shares are trading lower after the company disclosed the status of several litigations in regulatory filing this morning. Universal Display said that on May 16, it learned that the Japanese High Court issued a decision relating to the JP ‘929 Patent that confirmed the prior decision of the Japanese Patent Office by acknowledging the validity of certain claimed inventions in the patent, but confirming the JPO’s conclusion to invalidate the broadest claims in the patent. "We are still waiting to receive translated copies of the JPO’s decision, after which we plan to appeal the decision to the Japanese Supreme Court," the company added. Further, Universal Display stated that on May 10, it learned that with respect to the JP ‘024 patent, the Japanese Patent Office issued a decision upholding the validity of certain claimed inventions in the patent but invalidating the broadest claims in the patent. "We believe the JPO’s decision was erroneous with respect to the broadest claims and we intend to appeal the decision to the Japanese High Court," the company added. Universal Display does not believe the decisions should not have a material adverse impact on the company's portfolio of patents and pending applications. :theflyonthewall.com
10:28 EDTPANL
theflyonthewall.com: Universal Display sell-off excessive, says KeyBanc

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10:22 EDTPANL
theflyonthewall.com: Universal Display shares defended at Cowen

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09:26 EDTPANL
theflyonthewall.com: Universal Display drops in early trading, support at $29.49
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08:49 EDTRAX
theflyonthewall.com: Rackspace weakness creates attractive entry point, says RBC Capital

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08:41 EDTCSC
theflyonthewall.com: CSC says Q4 includes $140M in restructuring costs

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08:34 EDTCSC
theflyonthewall.com: CSC to issue 2013 guidance at later date

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08:33 EDTCSC
theflyonthewall.com: CSC reports Q4 EPS )$1.02), consensus 20c
Reports Q4 revenue $4.11B, consensus $4.10B. :theflyonthewall.com
07:33 EDTASH
theflyonthewall.com: Ashland board increases annual dividend 29% to 22.5c

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07:22 EDTACI
theflyonthewall.com: BofA/Merrill to host a conference

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06:49 EDTFST
theflyonthewall.com: Forest Oil downgraded to Market Perform from Outperform at Raymond James

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06:11 EDTPSMT
theflyonthewall.com: Wal-Mart struggling with smaller express stores, WSJ reports
As Wal-Mart Stores (WMT) bets that their small urban stores called Walmart Express could one day help to boost its growth in the U.S. and fight off competition from dollar store chains, the company is struggling to think outside the supercenters box that remain its focus, analysts say, reports the Wall Street Journal. Reference Link :theflyonthewall.com
06:02 EDTRL
theflyonthewall.com: Polo Ralph Lauren guidance risk priced in at current levels, says Citigroup
Citigroup believes risk to Polo Ralph Lauren's guidance is priced in following the recent pullback in shares. Citi thinks shares may be reflecting a worst case guidance scenario into Polo's results on May 22 and reiterates a Buy rating on the name. The firm said it would be a buyer of the stock at current levels. :theflyonthewall.com

May 16, 2012
14:39 EDTCSC
theflyonthewall.com: Companies reporting Before the Market Open on Thursday, May 17

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13:53 EDTNOV
theflyonthewall.com: National Oilwell upgraded to Buy from Hold at Standpoint Research

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10:33 EDTPCX
theflyonthewall.com: On The Fly: Analyst Initiation Summary

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10:33 EDTPCX
theflyonthewall.com: On The Fly: Analyst Downgrade Summary

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09:49 EDTSLXP
theflyonthewall.com: Piper Jaffray's healthcare equipment and biotech analysts hold a conference call

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09:32 EDTLAD
theflyonthewall.com: BofA/Merrill's U.S. autos analyst to hold a conference call

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06:36 EDTPCX
theflyonthewall.com: Stocks with implied volatility movement; PCX ARNA

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06:30 EDTPCX
theflyonthewall.com: Patriot Coal downgraded to Market Perform from Outperform at FBR Capital

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May 15, 2012
21:04 EDTPCX
theflyonthewall.com: Patriot Coal initiated with an Underperform at Imperial Capital
Target $2.50. :theflyonthewall.com
16:33 EDTCSC
theflyonthewall.com: Greenlight reports new stakes in CSC, Expedia
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16:21 EDTPCX
theflyonthewall.com: On The Fly: Closing Wrap

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12:44 EDTPCX, ACI
theflyonthewall.com: Patriot Coal tumbles after saying key customer could default on order

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12:06 EDTADBE
theflyonthewall.com: Adobe announces new publishing features, deal with Meredith
Adobe Systems (ADBE) announced a series of new features for Adobe Digital Publishing Suite that will allow media companies to monetize their content in new ways, the company said this morning. Among the new features are Content Viewer for Apple's (AAPL) iPhone, social sharing, expanded font licensing and enhanced integration with Adobe Creative Suite 6, said Adobe, which also announced that Meredith(MDP) has chosen Digital Publishing Suite to produce and distribute its leading brands, including Better Homes and Gardens, Parents and Fitness, to multiple channels. :theflyonthewall.com
12:00 EDTPCX
theflyonthewall.com: Patriot Coal falls 11.6%
Patriot Coal is down 11.6%, or 56c, to $4.27 :theflyonthewall.com
08:55 EDTNILE
theflyonthewall.com: Citadel Advisors reports 5.5% passive stake in Blue Nile

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08:51 EDTGDP
theflyonthewall.com: Capital One to host a bus trip

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07:12 EDTESE
theflyonthewall.com: Oppenheimer to host a conference

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05:25 EDTPCX
theflyonthewall.com: Patriot Coal provides update on FY12 and FY13
Patriot Coal announced that it is revising its outlook provided in its press release issued on May 8. Based on recent developments involving the potential default by a key customer, Patriot, with respect to its currently priced tons of Appalachia – met coal, revises its anticipated sales volume and average selling prices as set forth below. The current spot market price for this quality of high volatile coal is approximately $25 to $30 per ton lower than the original contracted price with that customer. Average selling prices of currently priced tons for the remainder of 2012 and for 2013 are as follows: Appalachia - met for FY12: 3.9 tons at $142/ton; for FY13 0.2 tons at $122/ton. :theflyonthewall.com

May 14, 2012
10:54 EDTSLXP
theflyonthewall.com: Salix management to meet with JMP Securities
Group dinner with management to be held in San Francisco on May 15 hosted by JMP Securities. :theflyonthewall.com
10:24 EDTACI
theflyonthewall.com: On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Arch Coal (ACI) upgraded to Buy from Neutral at UBS... Ares Capital (ARCC) upgraded to Equal Weight from Underweight at Barclays... Career Education (CECO) upgraded to Market Perform from Underperform at BMO Capital... Citi Trends (CTRN) upgraded to Outperform from Market Perform at Wells Fargo... Louisiana Pacific (LPX) upgraded to Outperform from Sector Perform at RBC Capital... McDermott (MDR) upgraded to Overweight from Neutral at JPMorgan... NetSuite (N) upgraded to Conviction Buy from Buy at Goldman... PDC Energy (PETD) upgraded to Buy from Hold at Canaccord... St. Jude Medical (STJ) upgraded to Buy from Neutral at Goldman... Teradata (TDC) upgraded to Overweight from Equal Weight at Barclays... Ultimate Software (ULTI) upgraded to Buy from Sell at Goldman... Vertex Pharmaceuticals (VRTX) upgraded to Overweight from Neutral at JPMorgan... Pulte Group (PHM) upgraded to Buy from Neutral at Guggenheim... Ryland Group (RYL) upgraded to Buy from Sell at Guggenheim... Toll Brothers (TOL) upgraded to Buy from Neutral at Guggenheim... NVIDIA (NVDA) upgraded to Average from Below Average at Cari. :theflyonthewall.com
09:04 EDTCSC
theflyonthewall.com: CSC names Paul Saleh as CFO, effective May 23

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07:14 EDTPANL
theflyonthewall.com: Deutsche Bank to host a conference

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07:03 EDTG
theflyonthewall.com: Genpact to acquire Atyati Technologies
Genpact announces that it has signed a definitive agreement to acquire Atyati Technologies, a technology platform provider for the rural banking sector in India. Closing is expected in three-to-four weeks, subject to satisfaction of certain customary conditions. Terms of the deal are not disclosed. :theflyonthewall.com
06:36 EDTACI
theflyonthewall.com: Arch Coal upgraded to Buy from Neutral at UBS
UBS upgraded Arch Coal given valuation. Price target lowered to $11 from $12. :theflyonthewall.com
06:17 EDTDOX
theflyonthewall.com: Sprint deploys Amdocs' customer management solution

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06:07 EDTDOX
theflyonthewall.com: Amdocs to improve sales, ordering and billing for Truvo' digital advertising

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May 11, 2012
16:00 EDTACI, PCX
theflyonthewall.com: Obama adds 'clean coal' to supported energy sources, WSJ reports

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13:17 EDTRAX
theflyonthewall.com: Rackspace management to meet with RBC Capital

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08:01 EDTADBE
theflyonthewall.com: BofA/Merrill's technology analysts hold an analyst/industry conference call
Technology Analysts Post and Rangan provide a review of the recently held Global Technology Conference on an Analyst/Industry conference call to be held on May 11 at 10 am. :theflyonthewall.com
04:59 EDTDWA
theflyonthewall.com: Jim Cramer's "Mad Money"
Jim Cramer noted that housing is coming back "and it's going to take a lot of sectors with it." Cramer said the housing market may have bottomed out in 2007, but things are finally beginning to change as homebuilders like Toll Brothers (TOL) and Lennar (LEN) are up 31% and 40% for the year, respectively. Home builders need materials, said Cramer, so why not look into a Masco (MAS) or Sherwin-Williams (SHW) or Owens Corning (OC)? All of these stocks are cheap, Cramer says. Home buyers will need loans, so that's good news for Wells Fargo (WFC) and US Bancorp (USB), said Cramer. They will also need insurance, think Travelers (TRV). While those may be the obvious plays, Cramer said there are plenty of other companies that benefit as well. Time Warner (TWX) will provide cable service to many new homes while Verizon (VZ) and AT&T (T) will provide phone service. Cramer also touted retail, which does well when homes are increasing in value. He likes Bed Bath & Beyond (BBBY), along with Home Depot (HD) and Costco (COST). EXECUTIVE DECISION: Cramer once again sat down with Richard Pops, chairman and CEO of drug maker Alkermes (ALKS), a company that expects to see double-digit revenue growth next year. Pops said that Alkermes is now in the sweet spot; it's large enough that it has all of the resources it needs to make medicines, get them approved and manufacture them, but it's also not too big that bureaucracy slows its pace of innovation. One of Alkermes' most promising treatments is for alcoholism. And, it also has a promising drug in phase III testing for schizophrenia. Cramer said he continues to like the innovation and growth at Alkermes, even if the company remains a speculative play, as it still has no earnings. OFF THE CHARTS:The technicals are warning investors to be more cautious going forward, as another 5% drop to the downside could be looming. "Keep your eye on the CBOE Volatility Index (VIX)", Cramer concluded. NO HUDDLE OFFENSE: While everything is going right inside Cisco (CSCO), outside factors, including decreasing government spending, are an issue that every technology company will need to address in the near future, Cramer says. Next, Cramer revisited the Hospitality Index, a group of stocks created by restauranteur Danny Meyer in 2009. The Hospitality Index consisted of 17 stocks including Whole Foods (WFM), Chipotle Mexican Grill (CMG), Apple (AAPL), Costco (COST) and Amazon.com (AMZN). Since its introduction in 2009, the S&P 500 has delivered a 65% return while the Hospitality Index returned a stellar 257% return with only one stock, DreamWorks Animation (DWA), posting a loss. Cramer said the same things that have made these companies a success over the past three years still hold true today. LIGHTNING ROUND: Hewlett-Packard (HPQ): Cramer doesn't like the stock at all and says "it can go lower, much lower." Pan American Silver (PAAS) is the best house in a shaky neighborhood. Cramer doesn't want to own any miners, they're too dangerous. Hercules Offshore (HERO) If you consider it a speculative stock, Cramer blesses it as a long-term bet on oil. Prudential (PRU) Cramer likes it, but is cautious as the stock doesn't have yield protection. Zipcar (ZIP) Cramer said he would look again when the stock is between $6 and $9 a share. Chesapeake Granite Wash Trust (CHKR) Cramer thinks you can buy it lower. Deere & Co.(DE): "It's a good company but the commodities are weak". Cramer wants to be 'careful'. Reference Link :theflyonthewall.com

May 10, 2012
17:02 EDTCE
theflyonthewall.com: Celanese announces emulsions price increase in Europe, Middle East, and Africa
Celanese announced it will raise the price of all emulsions sold in Europe, the Middle East and Africa by up to EUR 80/MT effective June 1, or as contracts allow. This price increase includes all vinyl acetate and acrylic based emulsions and affects applications including, but not limited to, adhesives, paint and coatings, building and construction, nonwovens, glass fiber, carpet, paper and textiles. Customers should contact their Celanese sales representative for more details. :theflyonthewall.com
16:41 EDTMIDD
theflyonthewall.com: Middleby reports Q1 EPS $1.20, consensus $1.17
Reports Q1 revenue $228.82M, consensus $218.12M. :theflyonthewall.com
12:11 EDTPANL, SGI
theflyonthewall.com: On The Fly: Midday Wrap

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12:00 EDTSGI
theflyonthewall.com: Silicon Graphics falls 26.7%

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10:46 EDTPANL
theflyonthewall.com: Universal Display sees overall OLED industry growing significantly
Says company will grow with industry. :theflyonthewall.com
10:22 EDTPANL
theflyonthewall.com: Universal Display says negotiating long-term license agreement with LG

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10:00 EDTPANL
theflyonthewall.com: Universal Display falls 11.6%

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10:00 EDTSGI
theflyonthewall.com: Silicon Graphics falls 19.7%

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09:20 EDTPANL
theflyonthewall.com: Universal Display price target lowered to $32 from $40 at Dougherty
Dougherty said Universal Display's Q1 report confirms its concerns regarding growth in OLED materials sales. The firm lowered estimates and things some of the shortfall is related to timing but also increasing competition. Shares are Neutral rated. :theflyonthewall.com
09:00 EDTPANL
theflyonthewall.com: Universal Display falls 13.2%

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09:00 EDTSGI
theflyonthewall.com: Silicon Graphics falls 13.4%
Silicon Graphics is down 13.4%, or $1.22, to $7.87 :theflyonthewall.com
08:59 EDTPANL
theflyonthewall.com: Universal Display outlook still positive, says Gabelli

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08:53 EDTPOWL
theflyonthewall.com: Powell target raised to $46 from $42 at DA Davidson

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08:36 EDTSGI
theflyonthewall.com: Silicon Graphics gaps down sharply, breaks 52-week low, support at $7.69
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08:29 EDTPANL
theflyonthewall.com: Universal Display gaps down sharply, support is now at $32.17

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08:11 EDTPANL
theflyonthewall.com: Universal Display weakness a buying opportunity, says Goldman

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07:56 EDTPANL
theflyonthewall.com: Universal Display weakness a buying opportunity, says KeyBanc

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07:31 EDTSGI
theflyonthewall.com: Silicon Graphics downgraded to Neutral from Buy at Sterne Agee
Sterne Agee downgraded Silicon Graphics citing lack of near-term catalysts and lower margin deals. :theflyonthewall.com
07:31 EDTNILE
theflyonthewall.com: Alliance Data announces new multi-year deal with Blue Nile

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07:22 EDTCE
theflyonthewall.com: Wells Fargo to host a conference

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07:20 EDTPOWL
theflyonthewall.com: Powell upgraded to Outperform from Market Perform at Rodman & Renshaw

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07:14 EDTMRX
theflyonthewall.com: Medicis files automatic mixed securities shelf

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06:49 EDTESE
theflyonthewall.com: ESCO Technologies upgraded to Outperform from Sector Perform at Pacific Crest

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06:18 EDTHNR
theflyonthewall.com: Harvest Natural reports Q1 adjusted EPS 23c, consensus 25c
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04:20 EDTNILE
theflyonthewall.com: Jim Cramer's "Mad Money"

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May 9, 2012
17:56 EDTPANL
theflyonthewall.com: Universal Display sees FY12 revenue $90-$110M, consensus $104.68M
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16:55 EDTPANL
theflyonthewall.com: Universal Display Reports Q1 EPS (3c), consensus 4c
Reports revenue $12.6M , consensus $16.43M. :theflyonthewall.com
16:35 EDTSGI
theflyonthewall.com: Silicon Graphics to begin issuing quarterly guidance vs. annual guidance in 1Q13

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16:34 EDTSGI
theflyonthewall.com: Silicon Graphics sees FY12 adjusted EPS (30c)-(15c), consensus 24c

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16:32 EDTSGI
theflyonthewall.com: Silicon Graphics sees Q4 adjusted EPS (52c)-(37c), consensus 16c
Sees Q4 revenue $177M-$197M, consensus $208.87M. Sees Q4 gross margin 19%-21%. :theflyonthewall.com
16:30 EDTSGI
theflyonthewall.com: Silicon Graphics reports Q3 adjusted EPS 11c, consensus (3c)
Reports Q3 revenue $199.4M, consensus $189.9M. :theflyonthewall.com
16:20 EDTSGI
theflyonthewall.com: Silicon Graphics trading halted, news pending
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16:03 EDTESE
theflyonthewall.com: ESCO Technologies says expectations for FY12, FY13 remain unchanged

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16:03 EDTESE
theflyonthewall.com: ESCO Technologies reports Q2 EPS ex-items 41c, consensus 43c
Reports Q2 revenue $173.9M, consensus $173.83M. :theflyonthewall.com
15:07 EDTHNR
theflyonthewall.com: Companies reporting Before the Market Open on Thursday, May 10

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15:07 EDTESE
theflyonthewall.com: Companies reporting After the Market Close on Wednesday, May 9

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15:04 EDTSGI
theflyonthewall.com: Silicon Graphics volatility elevated into Q3 and outlook

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14:26 EDTRAX
theflyonthewall.com: Rackspace says growth rate of cloud business slowed in Q1, may be seasonality
Platform shift to open stack platform may also have impacted growth rate in cloud business as some customers may be waiting till the transition is complete. Comments made at Jefferies Global Technology Conference. :theflyonthewall.com
14:20 EDTRAX
theflyonthewall.com: Rackspace says number one cost is "people"
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14:08 EDTRAX
theflyonthewall.com: Rackspace says FY12 target of margins at 33.9% achievable

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14:02 EDTRAX
theflyonthewall.com: Rackspace says there will be variability between quarters
Comment made at Jefferies Global Technology Conference. :theflyonthewall.com
10:30 EDTMFB
theflyonthewall.com: Maidenform management to meet with BB&T
Meeting to be held in Boston on May 15 hosted by BB&T. :theflyonthewall.com
09:52 EDTDIOD
theflyonthewall.com: Diodes drops after results and guidance, support is at $19.18 pivot low

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09:39 EDTPANL
theflyonthewall.com: Universal Display moves up toward a test of its 10-day MA, last at $41.99

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09:17 EDTSGI
theflyonthewall.com: Silicon Graphics awarded $27.8M Department of Defense contract
SGI announced that the U.S. Department of Defense has selected an SGI ICE X high performance computing system as part of its High Performance Computing Modernization Program to provide compute resources for the Air Force Research Laboratory DoD Supercomputing Research Center. The agreement also includes storage and four years of support in a transaction valued at over $27.8M. :theflyonthewall.com
09:00 EDTSTEC
theflyonthewall.com: STEC falls 12.3%
STEC is down 12.3%, or 95c, to $6.75 :theflyonthewall.com
07:39 EDTMFB
theflyonthewall.com: Maidenform reports Q1 International net sales up 24.1%

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07:38 EDTMFB
theflyonthewall.com: Maidenform sees FY12 EPS $1.75-$1.85, consensus $1.81

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07:37 EDTMFB
theflyonthewall.com: Maidenform sees Q2 EPS 45c-50c, consensus 58c
Sees Q2 revenue $150M-$155M, consensus $167.7M :theflyonthewall.com
07:36 EDTMFB
theflyonthewall.com: Maidenform reports Q1 EPS 25c, consensus 24c
Reports Q1 revenue $157.55M, consensus $153.79M :theflyonthewall.com
06:53 EDTCE
theflyonthewall.com: Celanese management to meet with Deutsche Bank
Meeting to be held in Los Angeles on May 9 hosted by Deutsche Bank. :theflyonthewall.com
06:45 EDTNILE
theflyonthewall.com: Blue Nile annual guidance may be too high, says William Blair

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04:53 EDTRL, RAX
theflyonthewall.com: Jim Cramer's "Mad Money"

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