Posts for Ticker ‘JOYG’

Top Day Trader Alerts (BP, FNM, FRE, JOYG, DXO, TSEM, PAY, VG)

These are this Tuesday’s top day trader and active trader alert stocks.  We have links through to each with more detailed price/volume analysis over at VSinvestor.com:

BP PLC (NYSE: BP) is up big by over 3% for an oil giant pre-market after a big oil discovery in the Gulf of Mexico.

Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are getting hit hard again this morning, but this time of the Mortgage Bankers Association recommending for Congress to effectively dump these in favor of a new program.

Joy Global, Inc. (NASDAQ: JOYG) is trading higher by over 4% on high volume after beating earnings handily.

PowerShares DB Crude Oil Double Long Exchange Traded Notes (NYSE: DXO) is going to be closed down and will disappear and holders are selling since it won’t trade normally with its benchmark.

Tower Semiconductor Ltd. (NASDAQ: TSEM) was up, but only marginally, after raising guidance.

VeriFone Holdings Inc. (NYSE: PAY) is surging and now everyone who bough since NOVE-2008 is profitable after earnings and after settling with the SEC.

Vonage Holdings (NYSE: VG) is trading up sharply and back above $2.00… yet again.  This is over the Apple App being approved, as should have been expected.

You can join our open email distribution list which goes out several times per week if you wish to be notified by email when the top day trader alerts hit, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG
SEPTEMBER 2, 2009

Top Analyst Downgrades (BJS, BUCY, BNI, INTU, JOYG,PBR, TKC, WFMI)

These are some of the top pre-market analyst downgrades we have seen early this Monday morning from Wall Street:

BJ Services (BJS) Cut to Market Perform at Wachovia.
Bucyrus (BUCY) Cut to Neutral at Baird.
Burlington Northern Santa Fe (BNI) Cut to Sell at Citigroup.
Intuit (INTU) Cut to Hold at Jefferies.
Joy Global (JOYG) Cut to Neutral at Baird.
Petroleo Brasileiro (PBR) Cut to Neutral at HSBC.
Turkcell (TKC) Cut to Neutral at UBS.
Whole Foods (WFMI) Cut to Sell at UBS.

JON C. OGG

Top Analyst Upgrades (ANF, AEP, BUCY, EXR, IFX, JOYG, LPL, TWX, UTHR, WYNN)

These are some of the top pre-market analyst upgrades and positive research calls we have seen from all Street this Monday morning:

Abercrombie & Fitch (ANF) Started as Buy at Brean Murray.
American Electric (AEP) Raised to Buy at KeyBanc Capital.
Bucyrus (BUCY) Raised to Neutral at JPMorgan.
Extra Space Storage (EXR) Raised to Buy at Citigroup.
Infineon (IFX) Raised to Buy at UBS.
Joy Global (JOYG) Raised to Neutral at JPMorgan.
LG Display (LPL) Started as Buy at Collins Stewart.
Time Warner Cable (TWC) Raised to Buy at Collins Stewart.
United Therapeutics (UTHR) Started as Buy at Lazard Capital Markets.
Wynn Resorts (WYNN) Raised to Buy at UBS.

JON C. OGG

Pre-Market Analyst Downgrade/Negative Calls (AAPL, BK, BUCY, CCRT, EGO, JOYG, NOK, PALM, SAY)

Broken_money_merger_imageThese are some of the top pre-market analyst downgrades or cautious calls seen from Wall Street early this Thursday morning with more than two hours to the open:

  • Apple (NASDAQ: AAPL) Started as Hold at Canaccord.
  • Bank of NY Mellon (NYSE: BK) Cut to Market Perform at KBW.
  • Bucyrus International (NASDAQ: BUCY) Cut to Underweight at JPMorgan.
  • CompuCredit (NASDAQ: CCRT) Cut to Market Perform at KBW.
  • Eldorado Gold (NYSE: EGO) Cut to Outperform from Strong Buy at Raymond James.
  • Joy Global (NASDAQ: JOYG) Cut to Underweight at JPMorgan.
  • Nokia (NYSE: NOK) Started as Sell at Canaccord.
  • Palm (NASDAQ: PALM) Started as Sell at Canaccord.
  • Satyam Computer (NYSE: SAY) Cut to Sell at Goldman Sachs; Cut to Underweight at Morgan Stanley.

Jon C. Ogg
December 18, 2008

ETF Launch: Coal, Via Van Eck (KOL, CNX, BTU, ACI, JOYG, BUCY, TA)

This morning we have another ETF being launched that is quite sector specific.  Van Eck Associated has listed the Market Vectors Coal ETF (NYSE: KOL).  While we have noted some ETF’s being too focused for their own good, this will allow investors to be long or short coal producers without having to guess on which individual stocks will or won’t win in a volatile sector.  The ETF is unique and quite specific to global coal company stocks.

The Coal ETF seeks to replicate the total return performance of the Stowe Coal Index. The Index provides targeted exposure to 60 companies worldwide that are engaged in the coal industry.  Estimated returns will track the sector after fees and expenses and of course is subject to the risks of investing in this sector.  The gross expense ratio is listed as 1.09% and the net expense ratio is listed as 0.65%.

If you wish to the full list of components you can see it on the Fact Sheet at Van Eck’s website.  Of the ETF’s top 10 holding, 6 of the 10 are listed in the US (with ticker and weighting percentage):

  • Consol Energy (CNX) 8.06%
  • Peabody Energy (BTU) 7.95%
  • Arch Coal (ACI) 4.69%
  • Joy Global (JOYG) 4.62%
  • Bucyrus Int’l (BUCY) 4.41%
  • Transalta (TA) 4.35%

When you include the four of the top 10 not listed above (as foreign holdings) the top 10 stocks out the approximate 60 names listed in the index account for a weighting of roughly 62.4% of the entire ETF.  This will change through time due to share price changes, rebalancings, IPO’s, and a myriad of other factors, but this was the weighting listed on the site.  The commencing price of this ETF was at $40.00.

Jon C. Ogg
January 14, 2008

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