Market Currents

• Wednesday, December 9, 2009

• 09:00 AM Premarket gainers: AVNR +19%. RNWK +15%. HITK +10%. VNDA +7%. NLST +6%. SQNM +6%. S +5%. RMBS +4%.
  Losers: ECA -44%. NBG -7%. EXXI -5%. MDAS -4%. Comment!
• 07:58 AM EU regulators drop their antitrust investigation against Rambus (RMBS) after it agrees to cap royalty fees for DRAM memory chip patents. Rambus agrees not to charge any royalties for earlier SDR and DDR chip standards, and to bring fees for newer versions of DDR down to 1.5% from 3.5% for five years. RMBS +4.6% premarket. Comment!

• Friday, December 4, 2009

• 09:00 AM Premarket gainers: BIG +13%. SNV +10%. LDK +10%. MRVL +9%. RDN +6%. GT +6%. JAVA +6%. AKAM +5%. RMBS +5%. SEED +5%. STEM +5%. PMI +4%. SOLF +4%. ID +4%. MTG +4%. RF +4%.
  Losers: TTWO -31%. SWHC -14%. GSS -8%. REG -5%. WES -5%. NG -4%. Comment!

• Thursday, November 12, 2009

• 09:50 AM Though many investment grade U.S. residential mortgage-backed securities ((RMBS)) have been downgraded to distressed levels, principal and interest recoveries can be substantial, Fitch says ahead of a webcast at 10:00. Comment!

• Thursday, October 22, 2009

• 16:33 PM Rambus (RMBS): Q3 EPS of -$0.26 misses by $-0.02. Revenue of $28M (-5%) vs. $27.6M (one estimate). Shares -2.5% AH. (PR) Comment!
• 00:10 AM Notable post-market earnings: AMZN, AXP, BNI, BRCM, BUCY, CA, CAKE, CB, COF, CPWR, DDR, ELX, EMN, INFA, JNPR, LEG, LSCC, NFLX, PMCS, RMBS, RVBD, SNV, SPWRA, SYNA, WDC, WFR Comment!

• Tuesday, September 15, 2009

• 16:49 PM Rambus (RMBS) raises guidance on Q3 revenue to $27M-28M compared with a consensus of $22.6M, because of higher-than-expected royalty fees. Shares up 2.6% AH. Comment!

• Tuesday, September 8, 2009

• 09:00 AM Premarket gainers: CBY +42%. ORH +25%. HMY +9%. NG +8%. STM +7%. GFI +7%. LTXC +7%. SLT +6%. AUO +6%. NXG +6%. HL +6%. VICL +6%. LYG +6%. CCL +6%. STP +6%. ALV +6%. EGO +6%. NGD +5%. LVS +5%. PAL +5%. PHG +5%. AUG +5%. NOK +5%. MT +5%. MPEL +5%. BHP +5%. GE +5%. ING +4%. GBG +4%. YGE +4%. MU +4%. RMBS +4%. GSS +4%. FNM +4%. ALU +4%. JASO +4%. FCX +4%. NVAX +4%.
  Losers: OSIR -40%. KFT -5%. MCO -5%. AIG -4%. Comment!

• Friday, September 4, 2009

• 09:52 AM Rambus (RMBS +7%) moves higher on renewed speculation of a takeout, with Samsung mentioned as potential buyer. 1 Comment

• Tuesday, September 1, 2009

• 09:00 AM Premarket gainers: NVAX +14%. YRCW +13%. SVA +10%. BONU +9%. BEXP +7%. TXT +6%. HLCS +5%. ALD +5%. GNBT +4%. INO +4%.
  Losers: BEAT -12%. CMED +12%. RMBS -10%. SQNM -9%. IMMU -6%. AXL -6%. CTIC -5%. AIG -5%. CIT -5%. HCN -5%. BVF -4%. Comment!

• Friday, August 14, 2009

• 15:00 PM Rambus (RMBS +11.8%) can continue pursuing antitrust claims against memory-chip makers, after an appeals court denies Micron Technology's (MU -4.6%) petition to block them. Micron is named in the claims along with Samsung and Hynix Semiconductor. Comment!

• Thursday, July 23, 2009

• 17:09 PM Rambus (RMBS): Q2 EPS of -$0.23 misses by $0.02. Revenue of $27M (-24%) in-line. Shares -2.7% AH. (PR) Comment!
• 00:10 AM Notable earnings after Thursday's close: AMP, AMZN, AXP, BIDU, BLUD, BNI, BRCM, BUCY, CA, CAKE, CB, CENX, CNW, COF, COG, CPWR, DDR, DDUP, EMN, FII, INFA, JNPR, KLAC, LEG, MSFT, NFLX, PMCS, RFMD, RMBS, RVBD, SNV, SPWRA, STAR, TCO, WFR, WRE Comment!

• Tuesday, July 14, 2009

• 14:41 PM Nvidia (NVDA +2.1%) says the Patent and Trademark Office has initially rejected eight more Rambus patent claims related to graphics memory controllers, though Rambus (RMBS +1.3%) says this isn't over. Comment!

• Tuesday, June 23, 2009

• 09:00 AM Premarket gainers: ALVR +15%. PCS +9%. BSX +8%. ETFC +7%. UBS +6%. MTL +5%. OCNF +5%. AAUK +5%. STJ +4%. CENX +4%. CF +4%. ACAS +4%.
  Losers: RMBS -10%. HALO -9%. CTIC -5%. Comment!

• Monday, June 22, 2009

• 16:45 PM Memory-chip designer Rambus (RMBS) has cut its Q2 revenue outlook to a range of $26.7 million-$27.2 million, and revised its forecast of adjusted operating expenses downward to range of $42 million-$45 million. Shares -8.6% AH. 1 Comment