Posts for Ticker ‘EWBC’

Top Day Trader Alerts (ARIA, EWBC, GE, MCD, ANF)

These are this Monday’s top day trader and active traders stock alerts.  We have a link for more detailed analysis and price/volume data at VSInvestor.com:

Ariad Pharmaceuticals (NASDAQ: ARIA) is up 10% as traders hope the analyst upgrade may hint at it being the next hot low price biotech stock.

East West Bancorp Inc. (NASDAQ: EWBC) is soaring by 27% on it winning in an FDIC-led bank takeover.

General Electric Co. (NYSE: GE) is up again by almost 3% this morning on a likely NBC Universal valuation of close to $30 billion.

McDonald’s Corp. (NYSE: MCD) is up almost 1% on same store sales, but U.S. same store sales remain more of a concern than some of its other growth.

Abercrombie & Fitch Co. (NYSE: ANF) is up 5% on an analyst upgrade.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

Jon C. Ogg
November 9, 2009

Secondary Offerings Come Back Fast (CEDC, HGG, EWBC, BMS, INTC, STSA, CVBF, RT)

Money Stack ImageNow that markets are back up, we are starting to see many syndicate offerings come in.  That is not a huge surprise, but the volume of companies is rather strong.  We have seen priced offerings from Central European Distribution Corp. (NASDAQ: CEDC), hhgregg, Inc. (NYSE: HGG), and from East West Bancorp (NASDAQ: EWBC).  We have also seen filings from Bemis Co., Inc. (NYSE: BMS), Intel Corp. (NASDAQ: INTC), Sterling Financial Corporation (NASDAQ: STSA), and CVB Financial Corp. (NASDAQ: CVBF).  Ruby Tuesday Inc. (NYSE: RT) is also on deck with a 10 million share offering taht may come this week.
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The 52-Week Low Club (MTG)(LCC)(RBS)(BAC)(MER)(CAL)(GHS)(EWBC)

MGIC Investment (MTG) Money still moving out of bond insurers. Down to $8.75 from 52-week high of $62.94.

US Airways Group (LCC) Oil prices up driving airlines down. Company say fuel bill could move up $2 billion of year. Down to $3.11 from 52-week high of $36.81.

Royal Bank of Scotland (RBS) Still dropping for losses and concerns about balance sheet. Down to $4.18 from 52-week high of $11.50.

Bank of America (BAC) Worries over losses and buy-out of Countrywide (CFC) Sells down to $28.93 from 52-week high of $52.96.

Merrill Lynch (MER) Brokerage stocks still being hurt by Lehman (LEH) results. Sell off to $35.66 from 52-week high of $91.95.

Continental Airlines (CAL) Like the rest, pressured by high fuel prices. Drops to $12.08 from 52-week high of $39.79.

Gatehouse (GHS) Newspaper stocks continue to fall. Dips to $3.18 from 52-week high of $19.60.

East West Bancorp (EWBC) Regional banks keep falling on mortgage concerns. Drops to $9.86 from 52-week high of $40.88.

Douglas A. McIntyre