Market Currents

• Tuesday, November 10, 2009

• 09:00 AM Premarket gainers: PCLN +11%. AVNR +10%. JASO +8%. AIG +8%. RAX +8%. BZH +7%. ALV +4%. QGEN +4%. RTK +4%.
  Losers: MBI -13%. ABK -7%. CPST -7%. FLR -6%. BCS -5%. NS -5%. AIB -5%. ALU -4%. VOD -4%. S -4%. Comment!

• Monday, November 9, 2009

• 16:16 PM Priceline.com (PCLN): Q3 EPS of $3.45 beats by $0.53. Revenue of $731M (+30%) vs. $694M. Sees Q4 EPS of $1.52-1.62 vs. $1.49 on sequential revenue gain of 24-28%. Shares +6.5% AH. (PR) Comment!
• 00:10 AM Notable postmarket earnings: ARNA, CCO, ERTS, FLR, HOLX, LGF, LYV, MBI, MDR, PCLN, QGEN, RAX, SLW, SQNM Comment!

• Friday, August 21, 2009

• 13:47 PM Shares of online travel stocks Expedia (EXPE +174%) and Priceline (PCLN +100%) have soared YTD. But with rich valuations (P/Es of 16.4 and 18.6), Barron's is skeptical: "We think it's time [online travel agency] investors mapped an exit." Comment!

• Monday, August 10, 2009

• 08:19 AM Priceline.com (PCLN): Q2 EPS of $2.02 beats by $0.27. Revenue of $604M (+17.5%) vs. $575M. Issues upside guidance: sees Q3 EPS of $2.70-2.85 vs. $2.52 consensus, sees FY '09 revenue of $2.2-2.3B vs. $2.1B consensus. Shares +6.2% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Monday's open: ALD, DISH, DYN, HOC, KWK, NXG, PCLN, PWRD, SYY Comment!

• Tuesday, June 30, 2009

• 12:56 PM Some internet travel sites are under pressure after UAL (UAUA)  forces some travel agencies to swallow the 2-3% credit card fees for ticket bookings, an approach that - if adapted widely - could give airlines a distinct pricing advantage. EXPE -5.9%. PCLN -3.2%. TZOO -4%. 2 Comments

• Monday, May 11, 2009

• 08:11 AM priceline.com (PCLN): Q1 EPS of $1.09 beats by $0.18. Revenue of $462M (+14.6%) vs. $441M. Issues in-line EPS guidance for Q2 of of $1.65-1.75 vs. $1.65 consensus. Shares +1.1% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Monday's open: ABK, ALD, AOB, DISH, ENER, FRPT, KG, PCLN, RRI, SLW, SUG, WCRX Comment!

• Friday, May 8, 2009

• 00:10 AM Notable earnings after Friday's close: BZH, PCLN Comment!

• Thursday, February 19, 2009

• 09:03 AM Premarket gainers: WFMI +18%. PCLN +15%. LYG +14%. S +13%. AAP +12%. BCS +11%. ORLY +10%. GME +9%. RTP +8%. SOL +6%. SSL +5%. ERIC +5%. AEG +5%. TLM +5%. SAL +5%. UBS +5%. AGP +5%. CVS +5%. STO +5%. Comment!

• Wednesday, February 18, 2009

• 17:58 PM priceline.com (PCLN): Q4 EPS of $1.29 beats by $0.24. Revenue of $406M (+21.2%) vs. $378M. Sees Q1 EPS of $0.85-0.95 vs. $0.81 and revenue up 5-10% Y/Y. Shares +12.9% AH. (PR) Comment!
• 15:10 PM Notable earnings after Wednesday's close: AAP, ADI, AEM, BDN, BIDU, BMRN, CBS, EXR, FRT, HPQ, IM, KGC, NHP, NM, ORLY, PAAS, PCLN, SNPS, TRN, WFMI Comment!
• 00:10 AM Notable earnings after Wednesday's close: AAP, ADI, AEM, BDN, BIDU, BMRN, CBS, EXR, FRT, HPQ, IM, KGC, NHP, NM, ORLY, PAAS, PCLN, SNPS, TRN, WFMI Comment!

• Thursday, November 6, 2008

• 16:12 PM Priceline.com (PCLN): Q3 EPS of $2.39 beats by $0.29. Revenue of $562M (+34.6%) vs. $547M. Shares +3.2%. (PR) Comment!
• 15:10 PM Notable earnings after Thursday's close: AGO, ALKS, ANH, BBI, BYI, CAR, CBG, CEGE, CVTX, DAR, DIS, FLR, FTI, GNW, HANS, HGSI, IRF, MVSN, NDN, NKTR, NVDA, ONXX, PCLN, PDLI, PSA, PXP, QCOM, SAPE, SD, SWKS, TS, UTSI, VRSN Comment!