Market Currents

• Tuesday, September 29, 2009

• 16:14 PM Sealy (ZZ): FQ3 EPS of $0.05 in-line. Revenue of $350M (-14%) vs. $335M. Shares +6.7% AH. (PR) Comment!
• 00:10 AM Notable earnings after Tuesday's close: DRI, JBL, MDRX, MU, NKE, WOR, ZZ Comment!

• Wednesday, July 1, 2009

• 09:00 AM Premarket gainers: OSK +30%. BORL +18%. SNX +6%. AMAG +6%. HGSI +4%. SAY +4%.
  Losers: BEAT -39%. FRPT -33%. MYGN -21%. IMMR -19%. ZZ -11%. SPPI -8%. ACOR -7%. NAV -7%. SQNMM -5%. NVAX -5%. LYG -4%. 1 Comment

• Tuesday, June 30, 2009

• 16:14 PM Sealy Corp. (ZZ): FQ2 EPS of $0.07 beats by $0.02. Revenue of $299M (-21%) in-line. Shares +0.5% AH. (PR) Comment!
• 00:05 AM Notable earnings after Tuesday's close: ZZ Comment!

• Friday, June 19, 2009

• 09:00 AM Premarket gainers: ZZ +33%. SWHC +18%. ARM +10%. STSI +8%. KMX +7%. CCL +7%. FRO +7%. RCL +6%. HIG +5%. MDCO +5%. CTIC +5%. C +4%. CENX +4%. INSM +4%. AIG +4%. LIZ +4%. AAUK +4%. MPEL +4%. FEED +4%. SOA +4%. GOLD +4%. ESLR +4%.
  Losers: ETFC -15%. TSFG -12%. TNK -11%. HPT -4%. Comment!

• Friday, May 29, 2009

• 13:02 PM Mattress retailer Sealy Corp. (ZZ) launches a rights offering for $177 million senior secured convertible notes due 2016 that its largest shareholder, Kohlberg Kravis Roberts & Co., will backstop. Comment!

• Thursday, May 21, 2009

• 09:00 AM Premarket gainers: SMRT +36%. DDUP +33%. TSRA +29%. VICL +20%. BPI +14%. BRCD +10%. CSIQ +8%. GM +7%. PLAB +7%. THC +6%. NCS +4%. HEB +4%.
  Losers: ZZ -36%. ESLR -19%. RF -17%. MF -12%. HOTT -12%. GME -11%. PETM -7%. LEA -9%. STP -7%. FITB -6%. HBAN -6%. HTZ -6%. OCNF -5%. DPTR -4%. PCX -4% Comment!

• Wednesday, April 1, 2009

• 09:00 AM Premarket gainers: ZZ +24%. AIB +14%. CNB +12%. IRE +11%. MV +9%. SAY +8%. FCS +7%. LVS +6%. JKHY +5%. FITB +5%. VMW +5%. GFI +5%. TM +4%. VOD +4%. HBC +4%. MGM +3%.
  Losers: CELG -13%. URBN -8%. APOL -8%. IDTI -7%. TSM -7%. SOL -5%. FIS -5%. BAC -5%. TER -4%. AXE -4%. DRYS -4%. WLT -4%. LSI -4%. CIT -4%. JPM -3%. MS -3%. WFC -3%. X -3%. C -3%. S -3%. F -3%. Comment!

• Tuesday, March 31, 2009

• 16:29 PM Sealy (ZZ): FQ1 EPS of $0.05 beats by $0.08. Revenue of $310M (-20.9%) in-line. (PR) Comment!

• Thursday, January 15, 2009

• 16:27 PM Sealy (ZZ): Q4 EPS of -$0.13 misses by $0.16. Revenue of $326M (-26.2%) vs. $355M. Shares -6%. (PR) Comment!

• Tuesday, October 7, 2008

• 16:07 PM Sealy (ZZ): Q3 EPS of $0.12 beats by $0.04. Revenue of $405M (-9.3%) vs. $399M. Shares -4.9%. [PR] Comment!

• Wednesday, July 9, 2008

• 02:24 AM Evidence of companies cutting back: "We reduced our non-volume-related expenses by $14.9 million through streamlining our workforce, and aggressively working to reduce our costs in areas such as professional fees and travel and entertainment." -- Sealy (ZZ). Comment!

• Tuesday, July 8, 2008

• 16:09 PM Sealy (ZZ): Q2 EPS of $0.08 beats by $0.04. Revenue of $375M (-6.6%) vs. $382M. Gross margin drops by 3.4% Y/Y. -7.5%. [PR] Comment!
• 06:36 AM Earnings of note Tuesday pre-open: PBG, HELE, GBX. Tuesday after close: AA, CCF, PRXI, ZZ. Comment!