http://seekingalpha.com/currents/all SA Currents RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/currents/post/1092552?source=feed 1092552 Post your comment!]]> Tue, 18 Jun 2013 19:36:14 -0400 SeekingAlpha POOL) lowers its FY13 earnings guidance as the wholesale distributor said cooler and unusually wet weather in its seasonal markets in North America and Europe led to later-than-usual pool openings and lower-than- expected sales. The company cut its 2013 per-share earnings view by a dime, now expecting to earn between $2.03 to $2.13. Shares -6.3% AH. Post your comment!]]> http://seekingalpha.com/currents/post/1092542?source=feed 1092542 Post your comment!]]> Tue, 18 Jun 2013 19:31:38 -0400 SeekingAlpha DISH) is all but officially abandoning its bid for Sprint (S). In a fresh update, the satellite TV provider says the revised SoftBank (SFTBF.PK) deal makes it "impracticable" for it to submit a new offer by Sprint's June 18 deadline, and that it will now focus its "efforts and resources" on the Clearwire (CLWR) tender offer. It increasingly looks as if SoftBank will end up with Sprint (vote on June 25), and Dish with a big minority stake in Clearwire that it could use to obtain a 4G network/spectrum deal with the 3 other parties in this saga. S -1.8% AH. CLWR +1.8%. (previous) Post your comment!]]> http://seekingalpha.com/currents/post/1092532?source=feed 1092532 Post your comment!]]> Tue, 18 Jun 2013 19:12:43 -0400 SeekingAlpha AMGN) ups its stake in Cytokinetics (CYTK) to 11,909,406 shares from 3,484,806 shares reported on March 21. The increase now puts AMGN's holding at 7.58% of CYTK's outstanding float. CYTK +7.4% AH. Post your comment!]]> http://seekingalpha.com/currents/post/1092522?source=feed 1092522 Post your comment!]]> Tue, 18 Jun 2013 19:09:15 -0400 SeekingAlpha IBM is launching a slew of cloud apps/services it says are aimed at C-Suite execs, but is light on specifics. Big Blue says its SmartCloud Solutions portfolio now offers 100+ business functions for decision-making execs such as CFOs, CMOs, procurement/supply chain officers, and HR chiefs to leverage. A new social media analytics solution for CMOs (will compete against CRM's Radian6 and ORCL''s Collective Intellect) is among them. The announcement comes on the heels of IBM's ~$2B acquisition of cloud infrastructure provider SoftLayer, which the company plans to integrate with its SmartCloud unit. Post your comment!]]> http://seekingalpha.com/currents/post/1092512?source=feed 1092512 4 comments!]]> Tue, 18 Jun 2013 18:56:39 -0400 SeekingAlpha dumped by the network following a report his firm accepts money from microcap companies to promote their stocks. Smith and friends just pocketed $50K from a stock endorsement for Petrosonic Energy (PSON.OB), a Bulletin Board company that has no revenues - "taking a bag of cash and luring the dumbest, poorest people into losses," Josh Brown says. 4 comments!]]> http://seekingalpha.com/currents/post/1092502?source=feed 1092502 1 comment!]]> Tue, 18 Jun 2013 18:50:52 -0400 SeekingAlpha ALU) CEO Michel Combes will use tomorrow's strategy update to unveil plans to cut €1B ($1.34B) worth of costs, and to divest €1B worth of assets over the next 3 years (less than some investors have been hoping), Les Echos reports. Combes will also announce plans to focus on the router and mobile infrastructure markets - the former has been a bright spot for Alcatel thanks to strong edge router sales, and the latter has been faring better lately thanks to growing 4G orders. (earlier) 1 comment!]]> http://seekingalpha.com/currents/post/1092492?source=feed 1092492 Post your comment!]]> Tue, 18 Jun 2013 18:44:31 -0400 SeekingAlpha CO): FQ4 easily beats estimates across the board on a 33% jump in total sales. Accumulated subscriber base rose by 30.1% Y/Y. Gross margin also rose to 79.8%, from 76.6%. Shares +3.4% AH. Post your comment!]]> http://seekingalpha.com/currents/post/1092482?source=feed 1092482 Post your comment!]]> Tue, 18 Jun 2013 18:43:08 -0400 SeekingAlpha TRP), analysts say it won't be enough to sop up Canada's oil glut and would only temporarily alleviate the lack of pipeline infrastructure, meaning Canadian crude oil probably will remain the cheapest in the world. But a decision blocking Keystone would make the problem worse, reducing spending on oil sands projects by ~$9.4B during 2014-17. Post your comment!]]> http://seekingalpha.com/currents/post/1092472?source=feed 1092472 Post your comment!]]> Tue, 18 Jun 2013 18:39:37 -0400 SeekingAlpha MLNX) responds to a shareholder vote forcing CEO Eyal Waldman to give up the role of chairman by naming lead director Irwin Federman its new chairman. Federman is a partner at VC firm U.S. Venture Partners, and also serves on SanDisk and Check Point Software's boards. Also: Mellanox boasts the number of systems on the TOP500 supercomputer list using its FDR InfiniBand hardware has risen 3.3x over the last year, and that 205 of the systems uses InfiniBand. Post your comment!]]> http://seekingalpha.com/currents/post/1092462?source=feed 1092462 Post your comment!]]> Tue, 18 Jun 2013 18:19:20 -0400 SeekingAlpha A) announces and prices a $600M offering of senior notes due July 2023; they carry a yield of 3.875%, and have been rated BBB+ by Fitch. Agilent says it will use the proceeds to pay down debt due next month, as well as for restructuring expenses and buybacks. The test equipment giant had $2.36B in debt as of April 30, and $2.64B in cash/investments. Post your comment!]]> http://seekingalpha.com/currents/post/1092452?source=feed 1092452 Post your comment!]]> Tue, 18 Jun 2013 18:07:13 -0400 SeekingAlpha RHT +2.1%) rallied ahead of tomorrow's FQ1 report after SA Pro contributor/former hedge fund analyst Josh Burwick offered a bull case, and Piper made cautiously optimistic remarks. Burwick argues fears about the impact of Amazon Web Services on Red Hat are overblown, that slowing billings growth is offset by major growth in unbilled revenue, and that newly-announced OpenStack cloud infrastructure and app platform offerings should fare well. Piper says checks indicate FQ1 billings could be light, but adds Red Hat will make up for it in FQ2, and sees shares bottoming in the $40s. Post your comment!]]> http://seekingalpha.com/currents/post/1092442?source=feed 1092442 Post your comment!]]> Tue, 18 Jun 2013 18:03:12 -0400 SeekingAlpha BIOD) is trading lower in the post session after announcing a public offering to sell an undisclosed number of shares with a 30-day option on an additional 15% to cover overallotments, if any. Shares -8.2% AH. Post your comment!]]> http://seekingalpha.com/currents/post/1092432?source=feed 1092432 Post your comment!]]> Tue, 18 Jun 2013 18:00:18 -0400 SeekingAlpha On the hour: S&P +0.05%. 10-yr flat. Euro +0.01% vs. dollar. Crude +0.19% to $98.82. Gold +0.03% to $1367.45. Post your comment!]]> http://seekingalpha.com/currents/post/1092422?source=feed 1092422 Post your comment!]]> Tue, 18 Jun 2013 17:56:58 -0400 SeekingAlpha VALE) shares advanced today after Brazil's government unveiled a long-awaited bill to reform the country's mining code, proposing new royalties of up to 4%, double the current rate, and a new mine regulatory agency. The new rules were expected, but investors had been holding back on buying shares for fear they might turn out worse. Post your comment!]]> http://seekingalpha.com/currents/post/1092412?source=feed 1092412 Post your comment!]]> Tue, 18 Jun 2013 17:48:25 -0400 SeekingAlpha After-hours top gainers, as of 5:15 p.m.: CO +6%. ADBE +4%. OPK +3%. MY +3%. GEVO +2%.
After-hours top losers: TTEK -12%. POOL -7%. MGI -5%. AAWW -4%. CROX -3%. Post your comment!]]> http://seekingalpha.com/currents/post/1092402?source=feed 1092402 1 comment!]]> Tue, 18 Jun 2013 17:46:14 -0400 SeekingAlpha FB) monthly active advertiser base is now above 1M, the social networking giant boasts. Though impressive, that figure still suggests only a small portion of the 16M local businesses that have set up Facebook pages are buying ads. Facebook is hoping to reel in more clients in part by streamlining its ad offerings, creating more mobile-friendly business pages, and giving advertisers more data on its users' non-Facebook activity. BIA Kelsey estimates over half of U.S. small businesses promote themselves via Facebook, and 16% buy ads. 1 comment!]]> http://seekingalpha.com/currents/post/1092392?source=feed 1092392 1 comment!]]> Tue, 18 Jun 2013 17:41:37 -0400 SeekingAlpha Canada hikes the liability cap for oil spills in Atlantic and Arctic waters to C$1B, up from the respective $30M and $40M limits under existing rules. The changes deal only with offshore activity, which is poised to accelerate as companies begin assessing prospective new fields on the East and Arctic coasts. 1 comment!]]> http://seekingalpha.com/currents/post/1091182?source=feed 1091182 Post your comment!]]> Tue, 18 Jun 2013 17:35:39 -0400 SeekingAlpha FNSR, JBL, MU, RHT Post your comment!]]> http://seekingalpha.com/currents/post/1091162?source=feed 1091162 Post your comment!]]> Tue, 18 Jun 2013 17:30:30 -0400 SeekingAlpha FDX Post your comment!]]> http://seekingalpha.com/currents/post/1092382?source=feed 1092382 2 comments!]]> Tue, 18 Jun 2013 17:27:48 -0400 SeekingAlpha NVDA) is offering to license its Kepler GPU architecture, as well as "visual computing" IP, to other chipmakers looking to power mobile hardware. Kepler serves as the foundation for much of Nvidia's PC/workstation GPU lineup, as well the GPU within its next-gen Tegra 5 (Logan) processor. Nvidia's move puts it into competition with GPU core licensing leader Imagination (IGNMF.PK), and also ARM's (ARMH) fast-growing Mali GPU core business. Potential licensees include Qualcomm (uses home-grown GPUs), Intel (ditto), Apple (Imagination client), and Samsung (Imagination and Mali client). Tough competition for Tegra may have influenced Nvidia's decision. 2 comments!]]> http://seekingalpha.com/currents/post/1092372?source=feed 1092372 Post your comment!]]> Tue, 18 Jun 2013 17:24:01 -0400 SeekingAlpha ADK) says the NYSE has approved its plan to regain compliance with the exchange's continued listing standards was accepted. The NYSE granted until July 16, an extension for the company to regain compliance with respect to the Annual Report, and until August 15 for its 10-Q. Shares +1.7% AH. Post your comment!]]> http://seekingalpha.com/currents/post/1092362?source=feed 1092362 4 comments!]]> Tue, 18 Jun 2013 17:20:37 -0400 SeekingAlpha TRP), which says Keystone XL will be the safest pipeline ever built, isn’t planning to use infrared sensors or fiber-optic cables to detect spills along the system’s 2,000-mile path to Texas refineries from fields in Alberta, Bloomberg reports. The pipeline would have to be spilling more than 12K bbl/day before its currently planned internal spill-detection systems would trigger an alarm. 4 comments!]]> http://seekingalpha.com/currents/post/1092352?source=feed 1092352 Post your comment!]]> Tue, 18 Jun 2013 17:05:24 -0400 SeekingAlpha MSFT) will rely on both Qualcomm (QCOM) and Nvidia (NVDA) CPUs, Bloomberg reports. Though details are scant, one likely possibility is that Nvidia (the sole supplier for the first-gen RT) will power Wi-Fi-only models, and Qualcomm will power 3G/4G-capable models. The report comes as all signs indicate Qualcomm is set to displace Nvidia as the Nexus 7's CPU supplier. Meanwhile, Microsoft is selling the 32GB version of RT for just $199 (a 60% discount) to schools until Aug. 31, the latest in a string of aggressive promotions ahead of a refresh that could be announced at the upcoming BUILD conference. Post your comment!]]> http://seekingalpha.com/currents/post/1092342?source=feed 1092342 Post your comment!]]> Tue, 18 Jun 2013 17:00:40 -0400 SeekingAlpha PDH) says it's successfully completed repairs to its propane dehydrogenation facility and the facility has resumed propylene production. The facility was closed earlier this month for repairs on two of the eight reactors at the plant. Total costs for all completed repairs are expected to be less than $2.5M. Shares +0.7% AH. Post your comment!]]> http://seekingalpha.com/currents/post/1092332?source=feed 1092332 Post your comment!]]> Tue, 18 Jun 2013 17:00:22 -0400 SeekingAlpha On the hour: S&P +0.03%. 10-yr flat. Euro -0.03% vs. dollar. Crude +0.21% to $98.84. Gold -0.02% to $1366.75. Post your comment!]]> http://seekingalpha.com/currents/post/1092322?source=feed 1092322 Post your comment!]]> Tue, 18 Jun 2013 16:53:18 -0400 SeekingAlpha ZN) on no apparent news, but this isn't the first time ZN shares have seen such wild swings. Evan Buck urges extreme caution in the company that's "definitely not a kosher investment," highlighting Delek US Holdings (DK) and Noble Energy (NBL) as far wiser plays on Israel's natural gas finds. Post your comment!]]> http://seekingalpha.com/currents/post/1092312?source=feed 1092312 Post your comment!]]> Tue, 18 Jun 2013 16:50:18 -0400 SeekingAlpha River Valley Bancorp (RIVR) declares $0.21/share quarterly dividend, in line with previous. Forward yield 3.84%. For shareholders of record June 28. Payable July 12. Ex-div date June 26. (PR) Post your comment!]]> http://seekingalpha.com/currents/post/1092302?source=feed 1092302 Post your comment!]]> Tue, 18 Jun 2013 16:48:44 -0400 SeekingAlpha Fulton Financial (FULT) declares $0.08/share quarterly dividend, in line with previous. Forward yield 2.81%. For shareholders of record June 28. Payable July 08. Ex-div date June 26. Shares +1.8% AH. (PR) Post your comment!]]> http://seekingalpha.com/currents/post/1092292?source=feed 1092292 Post your comment!]]> Tue, 18 Jun 2013 16:46:21 -0400 SeekingAlpha LZB): FQ4 beats on all counts. Net earnings fell 6.6% Y/Y however, as year-ago results were bolstered by a large benefit from antidumping income. Margins improved in the latest period to 33.8% from 31.6%. Retail segment sales, which includes La-Z-Boy Furniture Galleries stores, swung to an operating profit of $4M from a year-earlier loss of $1.1M. Same-store written sales rose 11.2%, while wholesale upholstery, the main contributor to its top line, saw revenue grow 8.4% to $289.4M. Post your comment!]]> http://seekingalpha.com/currents/post/1092282?source=feed 1092282 Post your comment!]]> Tue, 18 Jun 2013 16:45:16 -0400 SeekingAlpha NB&T Financial (NBTF) declares $0.30/share quarterly dividend, in line with previous. Forward yield 5.91%. For shareholders of record June 28. Payable July 22. Ex-div date June 26. (PR) Post your comment!]]>