52-Week Lows, Massive List (ALU, BGP, CELL, BBW, CVO, DENN, GCI, INFY, INTU, KLAC, NT, NWA, NXTM, PDLI, PFE, Q, SVVS, SNE, BID, TWX)

247wallst — Fri, 14 Mar 2008 15:04:56 +0000

This was a massive list of lows today. Not all closed on lows, but the list was chopped down greatly just to accommodate the size of it. If you look at the list, there are no brokerage firms listed nor anymajor banks. The major banks weren’t hitting the list but mostbrokerage firms were. You can thank a firm called Bare Spurns for that. Here goes the eulogy:

Advance America (NYSE: AEA).. down over 10%, no real news released; financial exposure, although they are probably getting more and more pay day loans now. $6.08 at 3:30, old low $6.08.
Alcatel-Lucent (NYSE: ALU)… down almost 5% at $5.29, although late day got back above that $5.27 year low.
Borders Group (NYSE: BGP)… down another 6% ahead of earnings next week. The people that still buy books may be headed to the used book stores in tough times. Maybe even the library.
Brightpoint (NASDSAQ: CELL)… day in and day out this one has been getting hit.
Build-a-Bear Workshop (NYSE: BBW)… now it can be even more opportunistic after ending strategic review and adding a larger buyback plan.
Cenveo (NYSE: CVO)… down 14% after earnings.
Denny’s (NASDAQ: DENN)… under $3.00 now… stock cheaper than the Grand Slam breakfast? Maybe people can’t afford $3.00 breakfasts.
Gannett Co. Inc. (NYSE: GCI)… after earnings people still wary of newspaper operations.
General Motors (NYSE: GM)… flirting with 5-year lows.
Infosys Tech (NASDAQ: INFY)… This didn’t close under the old $33.80 low of the year, but was there intraday. Maybe outsourcing is peaking.
Intuit (NYSE: INTU)… had no news, that pre-tax season trade getting cheaper and cheaper.
KLA-Tencor (NASDAQ: KLAC) hit hard again after downgrade already shaved off almost 10% earlier in wee. Down 4.4% at $36.40 with 15 minutes to close.
Nortel Networks (NYSE: NT) at $6.34 at 3:45… High is $27.71. What more can you say? It’s always on the list.
Northwest Airlines (NYSE: NWA) down over 3.5% at $9.50 with 15 minutes to close. What ever happened to that merger they were supposed to be in?
Nxstage Medical (NASDAQ: NXTM)… are kidney dialysis treatments economically sensitive?
PDL Biopharma (NASDAQ: PDLI).. so much for that buyout hope, that’s already been called off. Almost under a $1 Billion market cap.
Pfizer (NYSE: PFE)… a true surprise to see this one here again. Will it bust $20? Shares down 3% at $20.55 with 10 minutes to close.
Qwest Communications (NYSE: Q)…. now under $5.00.
Savvis Inc. (NASDAQ: SVVS)… down more than 5% to under the old $15.14 low. Doing IT, bandwidth, storage, network infrastructure, not as great when you have huge exposure to financial institutions.
Sony Corp. (NYSE: SNE)… just when it was getting its act back together… $41.81 right before close; old 52-week low was $42.10.
Sothebys (NYSE: BID)… down more than half from highs. Wall Street’s "Even the rich are bitching!" must apply to high-end auctioneers too.
Time Warner (NYSE: TWX)….. now under $14.00.

Jon C. Ogg
March 14, 2008

Pre-Market Stock News (July 17, 2007)

247wallst — Tue, 17 Jul 2007 07:02:25 +0000

(ADTN) Adtran $0.28 EPS versus $0.28 estimate.
(AIZ) Assurant CEO and CFO received SEC WELLS NOTICE.
(ASD) American Standard noted as a positive ahead of split-up by Cramer on MAD MONEY.
(CVO) Cenveo is acquiring Commercial Envelope.
(DJ) Dow Jones has reportedly reached some terms with News Corp. over the merger according to WSJ reports; actual status varies from source to source so consider this still an outstanding issue until formal statements are made from one or both companies.
(ELS) Equity Lifestyle $0.59 EPS vs $0.58 estimate.
(ENCY) Encysive retained Morgan Stanley to assist in strategic review.
(FCFS) First Cash Financial $0.27 EPS vs $0.26 estimate.
(JNJ) J&J $1.05 EPS vs $1.00 estimate.
(KEY) KeyCorp $0.86 EPS vs $0.70e; raised guidance as well, but unsure if comparable.
(KO) Coca-Cola $0.85 EPS vs. $0.82 estimate.
(LYO) Lyondell is being acquired by Basell for $48.00 per share.
(MDT) Medtronic received approval for artificial disc for the neck.
(MER) Merrill Lynch $2.24 EPS vs $2.02 estimate.
(NLS) Nautilus traded down 12% after earnings.
(PHTN) Photon Dynamics sees results under plan for Q3.
(PHG) Philips Electronics noted positively as European play by Cramer on MAD MONEY.
(RF) Regions Financial $0.69 EPS vs $0.69 estimate.
(STT) State Street $1.07 EPS vs $1.01 estimate.
(WFC) Wells Fargo unveiled a money transfer program.
(WGOV) Woodward Governor noted positively by Cramer on MAD MONEY.
(XLNX) Xilinx’s Spartan-3E and MicroBlaze soft processor selected for Samsung Electronics’ latest digital video surveillance system.

Jon C. Ogg
July 17, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

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52-Week Lows, Massive List (ALU, BGP, CELL, BBW, CVO, DENN, GCI, INFY, INTU, KLAC, NT, NWA, NXTM, PDLI, PFE, Q, SVVS, SNE, BID, TWX)

Pre-Market Stock News (July 17, 2007)