Posts for Ticker ‘FRPT’

4th of July Gift: Oshkosh Wins At Expense of Others (OSK, NAV, FRPT, GD)

Uncle Sam PicOshkosh Corp. (NYSE: OSK) shares are rising strongly today while most of its peers are falling, after the company won a massive government contract that market participants are seeing as the sole prize in a billion-dollar sweepstakes.  The ATV vehicle win came at the expense of Navistar International Corp. (NYSE: NAV), which has a joint venture between small-cap Force Protection Inc. (Nasdaq: FRPT) and General Dynamics Corp. (NYSE: GD).  Despite the major share price erosion seen today in the losers, there might still be an outside chance that Oshkosh is not the sole winner.
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Day Trader Alerts (IMMR, DROOY, GOLD, AU, AUY, SPPI, AMAG, UBS, CS, OSK, FRPT, NAV, MYGN)

We have provided links through on our day trading alerts page this morning.  Each stock is seeing active trading right before the open and brief explanations and analysis are offered at VSInvestor.com:

You can check each morning at VSInvestor.com for earlier pre-market indications in stocks on the move you might not have seen.

Jon C. Ogg

Top Pre-Market Analyst Upgrades (FRPT, INFY, NZ, OPTR, UTHR, USB, VMW)

Money_stack_picThese are the top analyst upgrades we are seeing from Wall Street early this Tuesday morning:

  • Force Protection (NASDAQ: FRPT) Raised to Buy at Collins Stewart.
  • Infosys (NASDAQ: INFY) Started as Outperform at William Blair.
  • Netezza (NYSE: NZ) Started as Outperform at Oppenheimer.
  • Optimer Pharmaceuticals (NASDAQ: OPTR) Raised to Outperform at Baird.
  • United Therapeutics (NASDAQ: UTHR) Started as Buy at Deutsche Bank.
  • US Bancorp (NYSE: USB) Raised to Hold from Sell at Sandler O’Neill.
  • VMware (NYSE: VMW) Started as Perform at Oppenheimer.

Jon C. Ogg
November 11, 2008

The 52-Week Low Club (BSC)(LEH)(C)(MER)

Bear Stearns (BSC) For those not on the planet today, firm was bought out by JP Morgan (JPM). Shares fall to $2.84 from 52-week high of $159.36.

Lehman Brothers (LEH) Fall out from banking system problems. Drops to $20.25 from 52-week high $82.05.

National City (NCC) Bank was downgraded. Has mortgage and commericial loan exposure. Sells down to $6.66 from 52-week high of $38.32.

MFGlobal (MF) Rumors about liquidity problems takes shares down to $3.64 from 52-week high of $32.20.

CIT (CIT) Worries about its credit quality bury it at $9.55 down from 52-week high of $61.47.

Citigroup( (C) drops to $17.99 from 52-week high of $55.55.

Merrill Lynch (MER) down to $37.25 from 52-week high of $85.

Force Protection (FRPT) Losing business to rivals and will delay 10-K. Down to $1.03 from $30.

GFI Group (GFIG) The inter-dealer broker is pulled down by concerns in the sector. Down to $32.66 from 52-week high of $103.16.

Blackstone (BX) Private equity group down to $13.40 from 52-week high of $38.

Douglas A. McIntyre

Pre-Market Stock News (DECEMBER 19, 2007) (ATU, ADCT, CEM, CSUN, DGIT, ETFC, AMTD, FITB, FRPT, GIS, GOOG, HOV, JOYG, LMC, MS, PALM, PHG, S, VIA, MSFT)

Below is a summary of many of the top headlines and news bits from individual stocks affecting share prices in pre-market trading this Wednesday:

  • Actuant (ATU) $0.52 EPS vs $0.48 estimate.
  • ADC Telecom (ADCT) traded down 4% after-hours. It filed a $400 million convertible note offering, and Cramer said it was a safe stock to play for Verizon and AT&T network build-outs.
  • Chemtura (CEM) said it will review Strategic Alternatives, including a possible sale of the company.
  • China Sunergy (CSUN) named Kenneth Luk as its Chief Financial Officer.
  • DG FastChannel (DGIT) shares are up 5% after it raised its 2007 and 2008 guidance.
  • E*Trade (ETFC) rose almost 4% in conjunction with
  • Fifth Third (FITB) warned of more credit losses but increased its dividend.
  • Force Protection (FRPT) traded down over 20% again after lower portion of Mine Resistant Ambush Protected vehicles for U.S. Marines.
  • General Mills (GIS) $1.14 EPS vs $1.13 estimates.
  • Google (GOOG) said its application to bid for spectrum was accepted by the FCC.
  • Hovnanian (HOV) losses reached $7.42 on lower sales and added charges and write-downs.
  • Joy Global (JOYG) $0.80 EPS vs $0.75 estimates.
  • Lundin Mining (LMC) stock indicated up almost 2% after it said it will repurchase up to 19.6 million shares of common stock.
  • Morgan Stanley (MS) posted -$3.61 net but had $5.7 Billion in mortgage write-downs totaling roughly $9 Billion in charges now; it is also in pact with China Investment for $5 billion investment.
  • Nike (NKE) reports earnings after the close today.
  • Oracle (ORCL) posts earnings after the close today.
  • Palm (PALM) lost 9% after wider losses than expected and even lower guidance ahead.
  • Philips (PHG) plans a $7.2 Billion share buyback.
  • Sprint (S) named Hesse from Embarq as its new CEO.
  • TD Ameritrade (AMTD) rose 4% after it raised guidance.
  • Viacom (VIA) in long-term digital content and advertising pact with Microsoft.

Jon C. Ogg
December 19, 2007

Top 10 Pre-Market Analyst Calls (CRL, SCHW, CBB, HTZ, FRPT, MTG, SAP, ULTA, JPM, WB, BAC)

These are not the only analyst calls impacting individual share prices, but these are the ones that 247WallSt.com is focusing on:

  • Charles River (NYSE: CRL) downgraded from Buy to Neutral at UBS.
  • Charles Schwab (NASDAQ: SCHW) started as Neutral at UBS.
  • Cincinnati Bell (NYSE: CBB) downgraded from Outperform to Peer Perform at Bear Stearns.
  • Hertz Global (NYSE: HTZ) downgraded from Buy to Neutral at Banc of America.
  • Force Protection (NASDAQ: FRPT) started as Sell at Stanford Global Research.
  • MGIC Investment Corp. (NYSE: MTG) downgraded from Neutral to Sell at Goldman Sachs.
  • SAP AG  (NYSE: SAP) downgraded from Outperform to Underperform at Credit Suisse.
  • Ulta Salons (NASDAQ: ULTA) started in new coverage: started as Outperform at Wachovia; started as Overweight at J.P.Morgan; started as Neutral at Piper Jaffray.
  • Merrill Lynch downgrades brokers: cuts J.P.Morgan (NYSE: JPM) to Neutral from Buy, cuts Wachovia (NYSE: WB) to Sell from Neutral; cuts Bank of America (NYSE: BAC) to Neutral from Buy.

Jon C. Ogg
December 12, 2007

The 52-Week Low Club

Force Protection (FRPT) Concerns about whether the company’s latest product will ever come to market. Recent IPO falls to $7.48 from $9.99.

Spartan Motors (SPAR) No major news. Falls to $7.55 from 52-week high of $25.03

Housevalues (SOLD) Real estate website. Opps. Falls to $2.97 from 52-week high of $5.89.

Douglas A. McIntyre

52-Week Low Club I (AMD, BIG, DRIV, FRPT, HOTT, SOLD)

Below is the first batch of 52-week lows today:

  • Advanced Micro Devices (NYSE:AMD) hits the 52-week lows.  I guess Dell being weak and them losing their position there isn’t pleasing anyone.  Maybe they get another stake taken from the Middle East.  Maybe not.  This one is now eligible for coverage in our "10 Stocks Under $10" Newsletter, although unless the company has a split personality it’s hard to be positive here. $9.72 close…under the $9.80 new low.
  • Big Lots (NYSE:BIG)…down 8% to $18.67, under the $19.17 prior 52-week low.  It beat earnings but a lowered guidance makes this the story of "The Good, The Bad, & The Fugly"… remember our own "Big Lots Stock Uglier Than Its Stores" call? We took some heat for being insulting, but it wasn’t as insulting as the stores themselves.  They don’t sell iPods, but i-Nots are over the place.
  • Digital River (NASDAQ:DRIV) fell 3.3% to $38.67, under the $39.01 lows and down from $60.99 highs. A BenQ contract win didn’t help. 
  • Force Protection (NASDAQ:FRPT) down big today by 27% to 410.81. Apparently the Marines are slowing spending on mine-resistant trucks, and that kills this stock.
  • Hot Topic (NASDAQ:HOTT) down 3% to $6.31 versus $6.37 prior 52-week lows.  Nothing hot here.
  • Housevalues (NASDAQ:SOLD)…. apparently the housing woes aren’t ending there, even if housing and lending is seeing severe short covering.

Jon C. Ogg
November 30, 2007