Market Currents

• Thursday, April 23, 2009

• 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

• Monday, February 23, 2009

• 09:08 AM No that's not a typo. Nova Chemicals (NCX) +322% to $5.62 after International Petroleum Investment Co. agrees to acquire NCX for $6/share - or about $2.3B including NCX's debt. Globe & Mail's StreetWise blog has been all over NCX for the last couple weeks (I, II). (PR) Comment!
• 09:00 AM Premarket gainers: NCX +322%. RBS +18%. BAC +16%. C +15%. DRYS +11%. FAS +11%. BCS +10%. HIG +10%. UAUA +9%. WFC +8%. AXA +8%. STI +8%. EXM +7%. AAUK +7%. AMR +7%. DAL +6%. PALM +6%. RF +6%. HUN +6%. USB +5%. JPM +5%. LVS +5%. XL +5%. Comment!

• Wednesday, February 11, 2009

• 10:25 AM New speculation that Nova Chemicals (NCX) will get some sort of backstop from provincial or federal gov't. NCX +3.7% after rising as much as 11%. (previously) Comment!

• Wednesday, February 4, 2009

• 12:25 PM Nova Chemicals (NCX) may have found its financial saviour, with speculation the firm has struck a much-needed $100M funding deal from an Alberta pension plan or government-owned bank. NCX +69% to $1.85. Comment!