Market Currents

• Sunday, November 22, 2009

• 17:46 PM Not to be left out, Nestle (NSRGY.PK) is thought to be considering a bid for Cadbury (CBY) to challenge Kraft's (KFT) $16.7B hostile offer and a potential counterbid by Hershey (HSY). One analyst says Nestle could "blow Kraft out of the water" if it ops to execute an option to sell its majority stake in Alcon (ACL) to Novartis (NVS) for more than $20B come January. 4 Comments

• Monday, June 15, 2009

• 11:09 AM Novartis' (NVS -2%) increasingly costly Alcon deal (ACL) is squeezing Novartis' cash supply just as the pharmaceutical industry goes on an acquisition spree. Comment!

• Thursday, February 12, 2009

• 06:42 AM Alcon (ACL): Q4 EPS of $1.41 beats by $0.09. Revenue of $1.5B (+1.9%) in-line. Sees 2009 EPS of $6.05-6.25 vs. $6.28. (PR) (-from Wed. evening) Comment!

• Thursday, October 23, 2008

• 09:15 AM Premarket losers: ACL -18.8%. AAI -16.8%. ABB -15.4%. AMZN -14.3%. SNE -10.2%. TEX -9.1%. CDNS -8.6%. ING -7.9%. BCS -7.4%. MT -6.6%. HOT -6.4%. Comment!
• 08:21 AM Early premarket losers: CNB -19%. ACL -17%. AAI -17%. ABB -15.5%. AMZN -13.9%. EWZ -12.3%. ING -8.7%. PCU -8.2%. TEX -7.4%. BHP -7.35%. PBR -7.1%. RTP -6.8%. MT -6.6%. FRO -6.5%. RIO -6.4%. PLD -6.2%. BCS -5.9%. SI -5.9%. BDK -5.2%. Comment!

• Wednesday, July 23, 2008

• 15:10 PM Notable earnings after the close: ACL, AEM, AFL, ALL, AMZN, ARBA, BCR, BDN, BIDU, CDNS, CNS, CNW, CRUS, CTXS, EQIX, FFIV, FIC, FNF, GGB, ICO, ISIL, LSI, MCK, NE, NFX, NTGR, NTRI, OMTR, OSIP, PHM, QCOM, RHI, RRC, RYL, SANM, SKX, TER, TEX, TQNT, TUP, WFR Comment!
• 00:10 AM Notable earnings after Wednesday's close: ACL, AEM, AFL, ALL, AMZN, ARBA, BCR, BDN, BIDU, CDNS, CNS, CNW, CRUS, CTXS, EQIX, FFIV, FIC, FNF, GGB, ICO, ISIL, LSI, MCK, NE, NFX, NTGR, NTRI, OMTR, OSIP, PHM, QCOM, RHI, RRC, RYL, SANM, SKX, TER, TEX, TQNT, TUP, WFR Comment!

• Tuesday, July 8, 2008

• 08:25 AM In its first stage of a $38B takeover of U.S. eye care company Alcon (ACL), Novartis AG (NVS) paid Nestle SA (NSRGY.PK) $10.4B for a 25 percent stake. That's about $200M less than when the deal was originally announced in April. Comment!