Among the biggest losers in Thursday’s early trading are Bed, Bath & Beyond (Nasdaq: BBBY), Nike (NYSE: NKE) and Sotheby’s (NYSE: BID). Top Percentage Losers — Thursday, June 24, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Sotheby’s (NYSE: BID) $25.90 -8.3% $46.52 $11.14 Nike (NYSE: NKE) $69.68 -3.9% $78.55 $50.16 Bed, Bath & Beyond (Nasdaq: BBBY) $39.87 -3.8% $48.52 $26.50 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000… Read More

Among the biggest losers in Thursday’s early trading are Bed, Bath & Beyond (Nasdaq: BBBY), Nike (NYSE: NKE) and Sotheby’s (NYSE: BID). Top Percentage Losers — Thursday, June 24, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Sotheby’s (NYSE: BID) $25.90 -8.3% $46.52 $11.14 Nike (NYSE: NKE) $69.68 -3.9% $78.55 $50.16 Bed, Bath & Beyond (Nasdaq: BBBY) $39.87 -3.8% $48.52 $26.50 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns are listed as of 11:01AM Eastern Standard Time. Click on ticker symbols for up-to-the-minute price quotes and percentage gain data. A Bar too High Shares of Bed, Bath & Beyond (Nasdaq: BBBY) are off nearly -3% on Thursday, thanks to unrealistically high investor expectations. The company reported very impressive fiscal first quarter results last night, and although management took a conservative stance with respect to the second-quarter outlook, investors had set a very high bar, hoping to see a very bullish forecast after rivals such as… Read More

In a bid to steal some thunder in the burgeoning market for handheld electronic readers, Barnes & Noble (NYSE: BKS) announced this week that it will cut prices on its Nook e-reader. Bad move. Rival Amazon.com (Nasdaq: AMZN) was waiting for such a development, and quickly offered up its own price cuts for its Kindle 2. Falling prices and rising market share are part of Amazon’s long-term playbook, and many past rivals have been bloodied by trying to compete with Amazon’s global scale. At first blush, this is a real win… Read More

In a bid to steal some thunder in the burgeoning market for handheld electronic readers, Barnes & Noble (NYSE: BKS) announced this week that it will cut prices on its Nook e-reader. Bad move. Rival Amazon.com (Nasdaq: AMZN) was waiting for such a development, and quickly offered up its own price cuts for its Kindle 2. Falling prices and rising market share are part of Amazon’s long-term playbook, and many past rivals have been bloodied by trying to compete with Amazon’s global scale. At first blush, this is a real win for consumers. For those who don’t want to pay the $500 to $700 for Apple’s (Nasdaq: AAPL) iPad, the new $200 price point for the Nook and the Kindle 2 should prove enticing. These firms know that they won’t make much money on these devices, but they do offer the chance to build a loyal customer base for many years to come. That’s just what Apple did with iTunes nearly a decade ago. Of course, both Barnes & Noble and Amazon should see sales of their readers rise at a solid clip this year, though it’s safe… Read More

Desperate times call for desperate measures. Facing a gargantuan budget deficit, New York Governor David Paterson has announced plans to add another $1.60 in taxes to every pack of cigarettes sold in his state. That will push the average retail price above the… Read More

Among the biggest winners in Wednesday’s early trading are Jabil Circuit (NYSE: JBL), CarMax (NYSE: KMX), and ZymoGenetics (Nasdaq: ZGEN). Top Percentage Gainers — Wednesday, June 23, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Gain 52-Week High 52-Week Low Jabil Circuit (NYSE: JBL) $14.91 +9.7% $18.49 $6.59 CarMax (NYSE: KMX) $21.74 +8.7% $26.50 $13.06 ZymoGenetics (Nasdaq: ZGEN) $4.58 +7.7% $7.31 $4.05 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns… Read More

Among the biggest winners in Wednesday’s early trading are Jabil Circuit (NYSE: JBL), CarMax (NYSE: KMX), and ZymoGenetics (Nasdaq: ZGEN). Top Percentage Gainers — Wednesday, June 23, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Gain 52-Week High 52-Week Low Jabil Circuit (NYSE: JBL) $14.91 +9.7% $18.49 $6.59 CarMax (NYSE: KMX) $21.74 +8.7% $26.50 $13.06 ZymoGenetics (Nasdaq: ZGEN) $4.58 +7.7% $7.31 $4.05 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns are listed as of 11:30AM Eastern Standard Time. Click on ticker symbols for up-to-the-minute price quotes and percentage gain data. Jabil’s Bright Outlook Good news for investors of Jabil Circuit (NYSE: JBL), and for investors everywhere that are looking for signs that the global economy is getting stronger. Jabil, which provides outsourced manufacturing services to a wide range of technology firms, delivered another impressive quarter Tuesday night, pushing shares up +9% in Wednesday trading. You can see the company’s momentum build quarter by… Read More

Among the biggest losers in Wednesday’s early trading are Apogee Enterprises (Nasdaq: APOG), Wilmington Trust (NYSE: WL) and Progress Software (Nasdaq: PRGS). Top Percentage Losers –Wednesday, June 23, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Apogee Enterprises (Nasdaq: APOG) $11.75 –7.8% $16.89 $11.13 Wilmington Trust (NYSE: WL) $12.00 -7.6% $20.23 $9.75 Progress Software (Nasdaq: PRGS) $30.47 –3.3% $34.94 $20.05 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000… Read More

Among the biggest losers in Wednesday’s early trading are Apogee Enterprises (Nasdaq: APOG), Wilmington Trust (NYSE: WL) and Progress Software (Nasdaq: PRGS). Top Percentage Losers –Wednesday, June 23, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Apogee Enterprises (Nasdaq: APOG) $11.75 –7.8% $16.89 $11.13 Wilmington Trust (NYSE: WL) $12.00 -7.6% $20.23 $9.75 Progress Software (Nasdaq: PRGS) $30.47 –3.3% $34.94 $20.05 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns are listed as of 10:30AM Eastern Standard Time. Click on ticker symbols for up-to-the-minute price quotes and percentage gain data. Paying up for Delaying an Integration Over the past decade, Progress Software (Nasdaq: PRGS), which offers various applications to enhance communication between various computer programs and networks, pursued a growth-through-acquisition strategy. The deal-making frenzy paid off in the form of steadily-rising earnings before interest, tax, depreciation and amortization (EBITDA), at… Read More

BP’s (NYSE: BP) web site is filled with a wide range of Gulf-spill related updates. The energy giant is overwhelming visitors with frequent updates in a bid to show that it is taking matters quite seriously. Lost in all those updates, investors may have missed a fairly… Read More

By the end of Monday’s trading, investors began to question whether China will really follow through with plans to boost its currency. Earlier in the day, we opined that change is coming, albeit more slowly than many would like. Even after the dust settled and many China-related stocks gave back their gains, shares of metals makers – especially aluminum producers – held onto sharp advances. Both Alcoa (NYSE: AA) and Century Aluminum (Nasdaq: CENX) rose more than +10% on intra-day basis on Monday,… Read More

By the end of Monday’s trading, investors began to question whether China will really follow through with plans to boost its currency. Earlier in the day, we opined that change is coming, albeit more slowly than many would like. Even after the dust settled and many China-related stocks gave back their gains, shares of metals makers – especially aluminum producers – held onto sharp advances. Both Alcoa (NYSE: AA) and Century Aluminum (Nasdaq: CENX) rose more than +10% on intra-day basis on Monday, and were holding most of those gains in Tuesday trading. For both of these firms, investors need to brace for some short-term pain but real long-term gains. A Tough Start to Earnings Season Alcoa, which always kicks off earnings season, will likely set a somber tone. Analysts have been lowering their second-quarter profit forecast from $0.28 to $0.16 during the past few weeks, and that still looks too high. Spot pricing for aluminum has been… Read More

Among the biggest losers in Tuesday’s early trading are Patriot Coal (NYSE: PCX), Walgreen (NYSE: WAG) and USG (NYSE: USG). Top Percentage Losers — Tuesday, June 22, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Patriot Coal (NYSE: PCX) $13.98 -13.7% $24.25 $4.97 Walgreen (NYSE: WAG) $28.33 -6.0% $40.69 $12.29 USG (NYSE: USG) $14.20 -5.4% $25.59 $8.71 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns… Read More

Among the biggest losers in Tuesday’s early trading are Patriot Coal (NYSE: PCX), Walgreen (NYSE: WAG) and USG (NYSE: USG). Top Percentage Losers — Tuesday, June 22, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Loss 52-Week High 52-Week Low Patriot Coal (NYSE: PCX) $13.98 -13.7% $24.25 $4.97 Walgreen (NYSE: WAG) $28.33 -6.0% $40.69 $12.29 USG (NYSE: USG) $14.20 -5.4% $25.59 $8.71 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns are listed as of 12:20PM Eastern Standard Time. Click on ticker symbols for up-to-the-minute price quotes and percentage gain data. Another Shoe drops for Walgreen Fast on the heels of a dust-up with rival and partner CVS Caremark (NYSE: CVS), Walgreen (NYSE: WAG) just delivered a sobering bit of news Tuesday morning: Quarterly sales are weak and expenses are too high. That combination led to a profit shortfall, pushing shares down -6%. #-ad_banner-#Some of the weakness is beyond management’s control. For example, it… Read More

Among the biggest winners in Tuesday’s early trading are Jefferies (NYSE: JEF), Lloyd’s (NYSE: LYG) and Lincare (Nasdaq: LNCR). Top Percentage Gainers — Tuesday, June 22, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Gain 52-Week High 52-Week Low Jefferies (NYSE: JEF) $24.79 +8.4% $30.99 $17.82 Lincare (Nasdaq: LNCR) $32.83 +6.7% $33.45 $13.88 Lloyd’s Group (NYSE: LYG) $3.48 +4.2% $7.47 $2.88 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage… Read More

Among the biggest winners in Tuesday’s early trading are Jefferies (NYSE: JEF), Lloyd’s (NYSE: LYG) and Lincare (Nasdaq: LNCR). Top Percentage Gainers — Tuesday, June 22, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Gain 52-Week High 52-Week Low Jefferies (NYSE: JEF) $24.79 +8.4% $30.99 $17.82 Lincare (Nasdaq: LNCR) $32.83 +6.7% $33.45 $13.88 Lloyd’s Group (NYSE: LYG) $3.48 +4.2% $7.47 $2.88 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns are listed as of 10:52AM Eastern Standard Time. Click on ticker symbols for up-to-the-minute price quotes and percentage gain data. Jefferies Posts a Great Quarter, but… Investment bank Jefferies (NYSE: JEF) delivered impressive quarterly results on Tuesday morning, and shares up +8%. Sales rose a moderate +13% from a year ago, while net income jumped a hefty +37%. Per-share profits of $0.41 were more than +10% ahead of forecasts. All of the upside came… Read More

At a weekend get together, I heard from many family members and friends about what they consider to be must-reads to stay up to speed on a daily basis. All seemed to agree that weekly news magazines such as Time and Newsweek seemed to be losing their relevance, moving too slowly in a world that has ever-shortening news cycles. Others noted that the Internet keeps them informed, but acknowledged that there is still a large credibility gap between journalism and blogging. And a few others noted that their local papers in cities such as Minneapolis or Miami were losing their… Read More

At a weekend get together, I heard from many family members and friends about what they consider to be must-reads to stay up to speed on a daily basis. All seemed to agree that weekly news magazines such as Time and Newsweek seemed to be losing their relevance, moving too slowly in a world that has ever-shortening news cycles. Others noted that the Internet keeps them informed, but acknowledged that there is still a large credibility gap between journalism and blogging. And a few others noted that their local papers in cities such as Minneapolis or Miami were losing their ability to broadly cover important events as they continue to gut their newsrooms. And all seemed to agree that News Corp.’s (Nasdaq: NWS) The Wall Street Journal, New York Times Company’s (NYSE: NYT) The New York Times, and Gannett’s (NYSE: GCI)  USA Today  still managed to maintain devotees with their respective foci on business news (WSJ), international and domestic politics and policy (NYT), and consumer-friendly sports, entertainment and “light news” (USA). Yet many investors have concluded that these publishing powerhouses are facing a mortal decline, and are still dubious of these stocks, even as… Read More