Market Currents

• Monday, December 14, 2009

• 09:00 AM Premarket gainers: XTO +19%. JAVA +10%. CLDX +9%. PWR +8%. CHK +7%. SIGA +6%. TER +6%. HK +6%. UPL +5%. LUV +5%. ANDS +5%. EOG +5%. SM +5%. DVN +4%. SD +4%. COG +4%. V +4%. TKC +4%. APC +4%. KWK +4%. TQNT +4%.
  Losers: AUO -6%. EBR -6%. C -3%. Comment!

• Tuesday, December 1, 2009

• 08:02 AM Nokia (NOK) sues Samsung, LG Displays (LPL), AU Optronics (AUO) and other LCD makers accusing them of price fixing, a suit that mirrors claims made by AT&T (T) last month. The conspiracy "artificially inflated the price of liquid crystal displays ultimately incorporated into LCD products purchased by Nokia, causing Nokia to pay higher prices," the complaint said. Comment!

• Thursday, October 22, 2009

• 04:59 AM AU Optronics (AUO): Q3 EPS of $0.26 beats by $0.01. Revenue of $3.5B (+8.4%) vs. $3.21B. Operating margin 6.8%. Shares -2.3% in Taiwan. (PR) Comment!
• 00:05 AM Notable pre-market earnings: AUO, BDK, BG, BMY, CBE, CELG, CHKP, CIT, CNX, DAL, DHR, DO, DOW, EMC, ERIC, ESV, ETR, FITB, GR, HBAN, HOT, HSY, JBLU, JNS, KMB, LCC, LH, LM, MCD, MJN, MMM, MRK, NCR, NIHD, NUE, NVS, NYT, ORI, OXY, PDS, PLD, PM, PNC, POT, R, RAI, RGC, RS, RTN, RX, SGP, STI, SY, T, TASR, TIN, TMO, TRA, TRV, UNP, UPS, XRX, ZMH Comment!

• Tuesday, September 8, 2009

• 09:00 AM Premarket gainers: CBY +42%. ORH +25%. HMY +9%. NG +8%. STM +7%. GFI +7%. LTXC +7%. SLT +6%. AUO +6%. NXG +6%. HL +6%. VICL +6%. LYG +6%. CCL +6%. STP +6%. ALV +6%. EGO +6%. NGD +5%. LVS +5%. PAL +5%. PHG +5%. AUG +5%. NOK +5%. MT +5%. MPEL +5%. BHP +5%. GE +5%. ING +4%. GBG +4%. YGE +4%. MU +4%. RMBS +4%. GSS +4%. FNM +4%. ALU +4%. JASO +4%. FCX +4%. NVAX +4%.
  Losers: OSIR -40%. KFT -5%. MCO -5%. AIG -4%. Comment!

• Friday, August 21, 2009

• 08:50 AM The recent uptrend in LCD prices should continue through September and perhaps into Q4 after last week's earthquake in Japan disrupted production at one of Corning's (GLW) glass facilities. That's good news for LCD makers (LPL, AUO), who have suffered consecutive quarterly losses. 1 Comment

• Tuesday, May 5, 2009

• 10:40 AM LCD-display vendors are worried that the current increasing demand in the end-market may not last into Q3, despite forecasts for a strong Q2 from suppliers such as AU Optronics (AUO). Comment!

• Thursday, April 23, 2009

• 07:16 AM AU Optronics (AUO): Q1 EPS of -$0.71 misses by $0.04. Revenue of $1.5B (-66.7%) in-line. Expects utilization rates to improve substantially in Q2. (PR) Comment!

• Tuesday, March 24, 2009

• 09:01 AM Premarket losers: NWL -12%. ING -9%. LYG -8%. AAUK -7%. CS -7%. GNW -6%. UBS -6%. HBAN -5%. NRGY -5%. PRU -5%. HBC -5%. RTP -5%. ETFC -4%. HIG -4%. ERIC -4%. BAC -4%. AUO -4%. BHP -4%. WFC -4%. Comment!

• Thursday, January 22, 2009

• 06:44 AM AU Optronics (AUO): Q4 EPS of -$0.95 misses by $0.42. Revenue of $1.80B (-62.5%) vs. $1.81B. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ABC, AUO, AVT, BAX, BBT, BEN, CIT, CMA, CY, EAT, ESI, EXC, FITB, HBAN, IGT, JNS, KEY, LMT, LUV, MTB, NITE, NOC, NOK, ORI, POT, SHW, STI, TCB, TSM, UNH, UNP, UST Comment!

• Thursday, January 8, 2009

• 07:23 AM AU Optronics (AUO): December sales of NT$14.7B were down 69.9% from last December's NT$48.9B. For 2008, revenue fell 11.7% to NT$423.9B. Shares -6.9% in Taiwan. (PR) AUO makes TFT-LCD panels. Comment!

• Friday, December 26, 2008

• 08:20 AM Shares of AU Optronics (AUO) gained 2.5% in Taipei after Taiwan's largest liquid-crystal-display maker said it's 'open-minded' to mergers and acquisitions to restore profitability. Comment!

• Wednesday, October 29, 2008

• 09:15 AM Premarket losers: VPRT -22%. KB -19%. GLW -14%. AUO -11%. LCC -9%. EWY -9%. Q -6%. AEG -6%. ADM -6%. Comment!

• Thursday, October 23, 2008

• 03:51 AM AU Optronics (AUO): Q3 EPS of $0.03 misses by $0.02. Revenue of $3.23B (-23.1%) in-line. Weak sales and soft pricing. Shares -8.1% in Germany. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: AAI, ALK, ALXN, AMTD, AUO, AVT, BC, BEN, BG, BMY, CBE, CCE, CELG, CNX, DO, DOW, ECA, ECL, ELN, EME, EPD, EQT, ESI, ESV, F, FLIR, GR, HOT, JBLU, JCI, JNS, LCC, LH, LLL, LLY, LTM, LVLT, MO, NIHD, NOV, NYT, ORI, PCZ, PDS, PLD, POT, RGC, RHD, RSH, RTN, RX, SO, STI, TMO, TRA, UNP, UPS, XEL, XRX, ZMH Comment!