Market Currents

• Wednesday, November 11, 2009

• 08:31 AM Logitech (LOGI) agrees to buy privately-held LifeSize Communications, a developer of high-definition video systems, audioconferencing equipment, and video management software, for $405M, bolstering its position in the much-prized video communication market. On Tuesday, Cisco (CSCO) revealed that most shareholders in videoconferencing developer Tandberg had spurned its $3.1B takeover offer. Comment!

• 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!
• 05:05 AM Logitech (LOGI): FQ2 EPS of $0.11 beats by $0.06. Revenue of $498M (-25.1%) vs. $474M. Sees FQ3 revenue of $575-595M vs. $623M. Shares +7.2% in Zurich. (PR) Comment!

• Wednesday, October 21, 2009

• 22:03 PM Logitech (LOGI): FQ2 EPS of $0.11 beats by $0.06. Revenue of $498M (-25%) vs. $474M. (PR) Comment!
• 00:10 AM Notable post-market earnings: ADS, AMGN, AMP, CTXS, CVA, EBAY, EFX, FFIV, FIS, FNF, ISIL, KNX, LOGI, LRCX, NE, NFX, NVLS, OSIP, PTV, QLGC, RRC, SKX, TEX, TQNT, VMW Comment!

• Wednesday, July 22, 2009

• 00:10 AM Notable earnings after Wednesday's close: ADS, BCR, CTXS, CVA, DOX, EBAY, EFX, EQIX, ETFC, FFIV, ISIL, ISRG, JAH, KNX, LHO, LOGI, MOS, NE, NFX, OMTR, OSIP, QCOM, RJF, RRC, SNDK, STLD, SWKS, TEX, TQNT, VMW, WLT Comment!

• Wednesday, May 13, 2009

• 13:20 PM Nasdaq leaders: APOL +2%. DTV +1%. Laggards: LINTA -11%. STLD -11%. FLEX -10%. WYNN -9%. LAMR -9%. EXPE -8%. LVLT -8%. SHLD -7%. NVDA -7%. UAUA -7%. DISH -7%. LBTYA -6%. LOGI -6%. AMAT -6%. VMED -5%. AMLN -5%. PCAR -5%. GRMN -5%. JOYG -5%. FAST -5%. WFMI -5%. MICC -5%. EBAY -5%. FWLT -5%. 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
• 08:01 AM Logitech (LOGI): FQ4 EPS of -$0.20 misses by $0.26. Revenue of $408M vs. $496M. Gross margin fell to 25% from 35.6% last quarter. "Our sales were negatively impacted by the combination of weak consumer demand and the accelerating reset by our channel partners of their weeks of supply." Shares -11.3% premarket. (PR) Comment!

• Wednesday, April 22, 2009

• 15:10 PM Notable earnings after Wednesday's close: AAPL, ADS, AF, AFFX, BCR, CVA, DOX, EBAY, EFX, EQIX, FFIV, FR, ISIL, KNX, LEG, LHO, LOGI, LRCX, NE, NFX, NVLS, PTV, QCOM, RHI, RJF, SLM, STLD, TMK, TQNT, VMW, XLNX, YUM Comment!
• 00:10 AM Notable earnings after Wednesday's close: AAPL, ADS, AF, AFFX, BCR, CVA, DOX, EBAY, EFX, EQIX, FFIV, FR, ISIL, KNX, LEG, LHO, LOGI, LRCX, NE, NFX, NVLS, PTV, QCOM, RHI, RJF, SLM, STLD, TMK, TQNT, VMW, XLNX, YUM Comment!

• Tuesday, April 7, 2009

• 09:02 AM Premarket gainers: GGP +10%. EAT +9%. SPIL +8%. LNC +8%. GFI +4%. GTI +4%. AU +3%.
  Losers: ACGY -7%. RBS -7%. DB -6%. NOK -6%. MT -6%. IHG -6%. HBAN -5%. UBS -5%. BCS -5%. LVLT -5%. ALU -5%. ACAS -4%. FITB -4%. GNW -4%. BHP -4%. LVS -4%. GNW -4%. JAVA -4%. LOGI -4%. F -4%. CCL -4%. STO -4%. X -4%. VTR -4%. HBC -4%. ASML -4%. BP -4%. SAY -4%. Comment!

• Tuesday, January 20, 2009

• 09:00 AM Premarket losers: RBS -66%. LYG -57%. BCS -42%. STT -38%. ING -20%. HBC -15%. BK -15%. CS -15%. DB -14%. LOGI -13%. RF -12%. NTRS -11%. WFC -10%. UBS -9%. BAC -8%. PHG -7%. ERIC -7%. SAP -7%. BHP -6%. JPM -6%. MT -6%. MTL -6%. BP -6%. PALM -6%. Comment!
• 05:56 AM Logitech (LOGI): FQ3 EPS of $0.22 misses by $0.21. Revenue of $627.5M (-15.7%) vs. $699.3M. Shares -13.1% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Tuesday's open: AMTD, FAST, FRX, JEF, JNJ, LOGI, PCP, PH, RF, STT, SU Comment!

• Tuesday, January 6, 2009

• 09:05 AM Premarket losers: LDK -11%. RBS -7%. LH -6%. LOGI -5%. Comment!