Market Currents

• Thursday, October 22, 2009

• 09:00 AM Premarket gainers: HTE +33%. SDXC +26%. JCG +13%. FFIV +11%. LOGI +8%. KOG +8%. PNC +6%. ALXN +6%. BQI +5%. CELG +4%. KMB +4%. STI +4%.
  Losers: TQNT -20%. NCR -11%. ERIC -8%. ADS -8%. TEX -7%. BG -6%. RFMD -5%. EQIX -4%. Comment!
• 06:42 AM Bunge (BG): Q3 EPS of $1.62 beats by $0.15. Revenue of $11.3B (-23.6%) vs. $12B. Sees full-year EPS of $3.10-$3.50 vs. consensus of $4.69. Says fertilizer business continues to be pressured by high-cost inventory and a weak pricing environment. (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!

• Monday, August 31, 2009

• 12:51 PM The WTO rules that Brazil can implement $294.7M in sanctions on American goods to make up for cotton subsidies that benefit companies like Archer Daniels Midland (ADM -1.4%), Bunge (BG -2.1%) and ConAgra (CAG +0.8%). Chinese demand has driven cotton up 27% this year. Comment!

• Thursday, July 23, 2009

• 07:07 AM Bunge (BG): Q2 EPS of $2.28 beats by $1.57. Revenue of $11B (-23.5%) vs. $12B. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ALXN, BG, BLL, BMY, CBE, CELG, CLS, CME, DHR, DO, ECA, EMC, ESI, ESV, F, FITB, FLIR, GR, HBAN, HOT, HSY, IGT, JBLU, KMB, LCC, LLL, MMM, NCR, NEM, NIHD, NOC, NUE, NYT, OMC, ORI, OXY, PLD, PM, PNC, POT, R, RAI, RS, RTN, RX, SIAL, SPNC, T, TIN, TMO, TRA, UNP, UPS, WYE, XRX, ZMH Comment!

• Thursday, April 23, 2009

• 09:00 AM Premarket gainers: NUVA +18%. ACOR +18%. RCL +15%. PTV +14%. FITB +13%. JBLU +12%. CS +10%. HBAN +10%. SLM +10%. ETFC +10%. BCS +10%. FIG +9%. LVS +7%. HIG +7%. IFX +7%. LCC +7%. EBAY +7%. DAI +5%. PNC +5%. RF 5%. AAPL +5%. GM +5%. KEY +5%. SHY +5%. MGM +5%.
  Losers: VMW -16%. LOGI -11%. BG -9%. CIT -9%. TMO -8%. PKY -8%. TRH -5%. EMC -5%. 1 Comment
• 06:53 AM Bunge (BG): Q1 EPS of -$1.76 misses by $2.25. Revenue of $9.2B (-26.2%) vs. $11B. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ABC, ALXN, AN, AVT, BDK, BG, BLL, CBE, CIT, CLS, CME, CNX, COP, CP, DHR, DO, EMC, ESI, ESV, EXC, FITB, GMT, GR, HSY, IGT, IVZ, JNS, LCC, LLL, MAR, MI, NCR, NCX, NIHD, NOV, NUE, OMTR, OXY, PENN, PM, PNC, POT, RCL, RS, RSH, RTN, RX, SCG, SEIC, SIAL, STI, SU, SVU, TCB, TMO, UNP, UPS, ZMH 1 Comment

• Thursday, February 5, 2009

• 07:19 AM Bunge (BG): Q4 EPS of -$1.89 misses by $1.60. Revenue of $10.9B (-12.3%) vs. $12.0B. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ANR, BG, BKC, BPO, CAH, CBB, CI, CINF, DO, DUK, EL, ELNK, FLIR, FLO, K, KIM, MA, MCO, MF, NCR, RX, SBH, SE, SPR, UFS, WU Comment!

• Tuesday, January 13, 2009

• 17:47 PM Bunge (BG): Sees full-year 2008 EPS of $7.70 vs. consensus of $10.22, and 2009 EPS of $6.90-7.60 vs $8.00. Demand fell more than anticipated in Q4, it says. Shares -2.4%. (PR) Comment!

• Wednesday, November 5, 2008

• 08:46 AM Corn Products International (CPO) says it will withdraw its recommendation of Bunge's (BG) takeover bid. Originally valued at $4.2B, the value of the all-stock offer has plunged 63% along with Bunge's shares. Comment!

• Thursday, October 23, 2008

• 06:48 AM Bunge (BG): Q3 EPS of $1.70 vs. consensus of $2.81. Revenue of $14.8B vs. $14.46B. Sees full-year EPS of $11.60-11.90 vs. $11.49. (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!

• Tuesday, August 12, 2008

• 10:18 AM Food, ag-chem stocks higher on healthy corn crops. PPC +5.3%. TSN +3.3%. SFD +2.8%. ADM +1.7%. BG +2.9%. Comment!