Market Currents

• Wednesday, October 28, 2009

• 07:38 AM Newell Rubbermaid (NWL): Q3 EPS of $0.38 beats by $0.03. Revenue of $1.45B (-17.7%) in-line. (PR) Comment!
• 00:05 AM Notable pre-market earnings: ASH, BWA, CCE, CHINA, CNP, COP, EPD, GD, GT, HES, IP, IPG, JNY, LAZ, LVLT, MWV, NWL, NXY, NYB, OC, PEG, PX, Q, SAP, SEPR, SO, SPIL, SPW, UMC, WLP, WYN Comment!

• Thursday, July 30, 2009

• 09:00 AM Premarket gainers: CIT +19%. EMKR +12%. CVC +11%. BT +11%. ARIA +11%. IRE +10%. HIG +10%. MOT +8%. NWL +8%. AKRX +7%. MA +7%. AIB +7%. ALU +7%. GE +6%. RTP +6%. ELY +5%. ARMH +5%. GNW +5%. AXL +7%. RCL +5%. TSM +5%. EGLE +5%. LVS +5%. YGE +5%. BCS +5%. MGM +4%. BHP +4%. SOL +4%. MT +4%. CLF +5%. CNO +4%. USU +4%.
  Losers: PCBC -17%. AKAM -16%. INO -12%. GMR -9%. TOO -9%. SYMC -9%. CATY -7%. GHL -6%. CTV -6%. Comment!
• 07:08 AM Newell Rubbermaid (NWL): Q2 EPS of $0.47 beats by $0.12. Revenue of $1.5B (-18%) in-line. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ABC, ABX, ADP, ALU, AOC, APA, ARTG, AVP, AVY, AZN, BC, BCRX, BDX, BEN, CI, CINF, CL, CLI, CMI, CMS, CNX, COL, COV, CVC, DLR, DOW, EK, ENDP, EXPE, FAF, GT, GTI, HP, INCY, IP, IRM, K, KBR, KIM, KSU, LVLT, MA, MOT, MYL, NBL, NRG, NWL, NYX, OCR, OMX, OSK, PCZ, PH, PTEN, RDS.A, RGC, RYN, SBH, SNE, SPR, TEN, TRV, TSM, TYC, VTR, WMI, WYNN, XEL, XOM Comment!

• Thursday, April 30, 2009

• 07:04 AM Newell Rubbermaid (NWL): Q1 EPS of $0.20 beats by $0.12. Revenue of $1.2B (-16%) in-line. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: APA, ASH, AZN, BC, BWA, CAH, CELG, CI, CINF, CL, CLI, CMCSA, CMS, COCO, COV, CTL, D, DLR, DOW, EK, ENTG, EQT, ERIC, EXPE, FAF, GTI, HOT, HP, IP, IRM, K, KBR, KIM, KSU, LKQX, LNT, MRO, MOT, MYL, NBL, NEM, NRG, NWL, NYX, OC, OCR, OMX, OSK, PDE, PEI, PG, PTEN, RGC, RYN, SEPR, SPR, SWY, TRV, TSM, TYC, VIA.B, WMB, WPI, XEL, XOM Comment!

• Wednesday, April 1, 2009

• 10:48 AM Nine borrowers (including NWL, JCI, TER) have raised $3.2B this year through convertible bonds sales - the first in half a year. "If companies are able to sell securities and investors are clamoring to buy them, it’s definitely a sign that credit markets are healing." Comment!

• Tuesday, March 24, 2009

• 13:15 PM S&P leaders at midday: ACAS +32.5%. IP +12.7%. AGN +10.9%. MTG +10.3%. HSP +8.4%. PFG +7.7%. MS +8%. X +7.8%. ASH +8.1%. JDSU +7.1%. Laggards: DYN -11.8%. HBAN -8.6%. MKC -8%. CME -6.7%. NWL -6.8%. MTB -6.2% Comment!
• 09:10 AM Newell Rubbermaid (NWL) reduces dividend to $0.05/quarter from $0.105 - which was halved from $0.21 in January. Sees 2009 sales down mid-to-high teens, vs. previous low-to-mid teens. (PR) Shares -11.7% premarket. Comment!
• 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!

• Monday, February 2, 2009

• 11:31 AM Barrington downgrades Newell Rubbermaid (NWL -0.4%) to Underperform after last week's outlook forces analysts to pare EPS and revenue estimates. "We were not anticipating further reduction in the 2009 outlook, nor did we anticipate a 50% reduction in the dividend. We believe investors will be disappointed, leading to additional selling pressure over the near term." Comment!

• Thursday, January 29, 2009

• 06:32 AM Newell Rubbermaid (NWL): Q4 EPS of $0.11 beats by $0.03. "Weakness in consumer spending, compounded by inventory reductions at retail, negatively impacted both sales and productivity." (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: AEP, AMB, AN, AZN, BC, BDK, BLL, CAL, CELG, CL, CNX, D, EK, EQT, ERIC, F, FCS, FO, GNTX, HOT, HP, IP, ITW, JBLU, LCC, LEA, LLL, LLY, MMM, MO, MPW, NWL, OSK, OXY, PCZ, RCL, RDS.A, RTN, SEIC, SII, SNE, TKR, TROW, TXT, XEL, YRCW, ZMH Comment!

• Thursday, December 18, 2008

• 09:00 AM Premarket gainers: GGP +30%. AUXL +19%. NG +12%. NM +11%. MTL +8%. EGLE +8%. GNW +8%. ESLR +7%. CX +7%. HUN +6%. CSIQ +7%. SOL +6%. GERN +6%. JASO +6%. YGE +5%. FSLR +5%. STP +5%. CIT +4%. SI +4%. NWL +4%. Comment!

• Thursday, October 30, 2008

• 08:06 AM Newell Rubbermaid (NWL): Q3 EPS of $0.36 beats by $0.02. Revenue of $1.76B in-line. Sees Q4 EPS of $0.29-0.34 vs. $0.38. Shares -1.8%. (PR) Comment!