Market Currents

• Friday, November 20, 2009

• 09:15 AM Premarket gainers: NLST +11%. INO +11%. STEM +5%. DDS +5%. SYAX +4%. SJM +4%.
  Losers: ADCT -17%. TYH -16%. EDC -15%. ERX -12%. NVAX -10%. WTSLA -9%. BCRX -7.5%. CHOP -9%. DELL -7%. DHI -7%. LOGM -7%. DRYS -6%. NGD -5%. XOMA -5%. AMSI -5%. ING -4%. PHM -4%. AAI -4%. BCS -4%. EGLE -4%. 1 Comment

• Wednesday, October 21, 2009

• 07:31 AM AirTran (AAI): Q3 EPS of $0.08 in-line. Revenue of $597M (-11.3%) vs. $600M. Shares -0.9% premarket. (PR) Comment!
• 00:05 AM Notable pre-market earnings: AAI, AMR, APD, ATI, BA, CAL, ELN, FLIR, FCX, GENZ, HCBK, KEY, LLY, MAN, MO, MS, NITE, NOC, NTRS, OMC, PENN, STJ, USB, USG, WFC Comment!

• Monday, October 19, 2009

• 09:00 AM Premarket gainers: IPCS +34%. ALLI +19%. CIT +7%. AAI +5%. CEO +5%. IMMU +4%. SIRI +4%. IMMU +4%.
  Losers: IDCC -9%. BEXP -6%. BBT -4%. Comment!

• Wednesday, October 7, 2009

• 10:23 AM Shares of AirTran (AAI) are down 15% after the low-cost carrier announced a follow-on offering of 9M shares, with underwriters having the option for another 1.4M, and a further $75M in convertible senior notes. Co. says it will use proceeds "for general corporate purposes." (PR) Comment!
• 09:00 AM Premarket gainers: WYN +8%. FDO +5%. VIZ +4%. VG +4%.
  Losers: AAI -13%. GRS -6%. Comment!

• Thursday, September 10, 2009

• 08:45 AM Airlines get a boost from JPMorgan, which notes passenger demand, lower fuel prices and mild weather have cooperated to vanquish much of the anxiety over possible bankruptcies. Firm upgrades the two most vulnerable carriers, lifting UAL (UAUA +12.4% premarket) to Overweight and US Airways (LCC +5%) to Neutral, but downgrades JetBlue Airways (JBLU -1%) and AirTran (AAI -0.6%). 2 Comments

• Wednesday, July 22, 2009

• 09:00 AM Premarket gainers: ONXX +32%. ATHR +11%. AAI +9%. SBUX +9%. BDSI +8%. CKSW +6%. AKRX +4%. AAPL +4%. STX +4%. HGSI +4%.
  Losers: AMD -14%. PPDI -13%. AAN -12%. CIT -8%. RSH -7%. KEY -6%. WFC -6%. HEB -6%. SAY -6%. MS -5%. ERX -4%. SLM -4%. YHOO -4%. CVBF -4%. RCL -4%. GILD -4%. BK -4%. CHU -4%. SQNM -4%. Comment!
• 07:02 AM AirTran (AAI): Q2 EPS of $0.34 beats by $0.02. Revenue of $604M (-12.9%) vs. $601M. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: AAI, APD, ATI, BA, BK, DAL, ENTG, GENZ, GNTX, HST, ITW, KEY, LLY, MO, MS, NITE, NTRS, PDS, PEP, PFE, SEIC, STI, STJ, SU, TCB, USB, USG, WFC, WHR Comment!

• Wednesday, June 3, 2009

• 09:00 AM Premarket gainers: TIVO +47%. PPHM +22%. TSRA +11%. SAY +11%. CTIC +11%. PMI +10%. AAI +8%. ANPI +6%. FE +6%. HEB +5%. CHLN +5%. TGB +5%. AIB +4%.
  Losers: VLO -12%. STLD -10%. JBLU -9%. FFBC -9%. AET -9%. RBS -7%. UBS -6%. BCS -6%. MT -5%. HOV -4%. GFI -4%. SOL -4%. Comment!

• Wednesday, April 22, 2009

• 06:55 AM AirTran (AAI): Q1 EPS of $0.21 beats by $0.17. Revenue of $542M (-9.1%) vs. $535M. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: AAI, APD, ATI, BA, CAL, CFR, DOV, ECA, ELN, FCX, GENZ, GNTX, IR, KMB, MCD, MO, MS, NITE, NOC, PBG, PDS, R, SNV, STJ, SY, T, TIN, WFC, WLP Comment!

• Thursday, January 29, 2009

• 11:18 AM As air travellers make themselves increasingly scarcer, U.S. carriers (UAUA, AMR, AAI, DAL) try to recall the long lost art of service. Comment!

• Wednesday, January 28, 2009

• 07:28 AM AirTran (AAI): Q4 EPS of -$1.00, including $148M in fuel hedging losses, vs. consensus of -$0.03. Revenue of $589M (+1%) in line. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: AAI, AMG, BA, BDX, BEN, BHI, COP, DOV, GD, HES, LM, MWV, NVS, NYT, PX, SAP, SO, SY, T, TDW, TEL, USG, WFC, WLP Comment!