Market Currents

• Thursday, December 17, 2009

• 15:52 PM French technology and media services company Thomson SA (TMS) files for bankruptcy in the U.S., in an effort to protect American assets from holders of $3.8B in debt. The company launched a restructuring last month in France, but U.S. assets are critical to its operation. Comment!

• Monday, October 26, 2009

• 09:00 AM Premarket gainers: IO +24%. SUPG +22%. ELGN +19%. ALD +16%. VVUS +13%. BCRX +11%. NVTL +10%. ARNA +8%. MPS +7%. HEB +6%. SVA +5%. MRVL +5%. CVM +5%. RSH +4%. NVAX +4%. CIT +4%.
  Losers: PVTB -15%. SOHU -9%. ING -8%. CYOU -8%. TMS -8%. TIVO -4%. Comment!

• Wednesday, August 12, 2009

• 14:05 PM Traders rule that Thomson SA's (TMS) debt restructuring was a credit event, which may trigger $4.6B of credit-default swaps. "This is a market test, but I expect it to pass with flying colors," says a Credit Suisse official. Comment!

• Tuesday, May 26, 2009

• 09:01 AM Premarket gainers: MAPP +138%. CYTK +46%. BNC +15%. CPST +13%. HEB +12%. OXGN +9%. UTHR +8%. FEED +7%. Q +6%. ALTI +5%. ARNA +4%.
  Losers: TMS +13%. CIM -10%. AIB -7%. GM -6%. CSIQ -6%. FSLR -5%. AIG -5%. DNN -5%. VE -4%. Comment!

• Wednesday, May 20, 2009

• 14:47 PM Thomson SA (TMS) says rumors of an imminent bankruptcy for the debt-laden French multimedia firm are groundless. Shares -11.4%. Comment!

• Thursday, March 26, 2009

• 09:00 AM Premarket gainers: LVLT +17%. BCS +17%. LMC +12.5%. ACAS +12%. LYG +11%. RHT +11%. GM +10%. BBY +10%. AIG +8%. HOV +8%. TMS +7%. CNO +7%. HBAN +7%. RTP +6%. FIG +6%. DRYS +6%. FITB +5%. STM +5%. IFX +5%. AEG +5%. STX +5%. MU +5%. Comment!