Posts for Ticker ‘PSUN’

Top Day Trader Alerts (NLST, SPWRA, SPWRB, NGSX, PSUN, SMTL, AMAT)

These are this Tuesday’s top day trader and active trader alerts with more details and analysis linked through to each stock over at VSInvestor.com:

Netlist Inc. (NLST) is seeing small profit taking after a 500% run in the last week.

SunPower Corporation (NASDAQ: SPWRA) (NASDAQ: SPWRB) is down 13% on accounting irregularities and two downgrades.

NeurogesX, Inc. (NASDAQ: NGSX) is up 11% but off last night’s highs after an FDA pain patch approval.

Pacific Sunwear (NASDAQ: PSUN) is down 20% on wider losses and poor guidance.

Semitool, Inc. (NASDAQ: SMTL) is up 30% on what has to be record trading volume on the Applied Materials Inc. (NASDAQ: AMAT) acquisition.

You can join our open email distribution list to hear more news on top day trading alerts, key analyst upgrades and downgrades, Buffett and other investment gurus, IPOs, secondary offerings, private equity, mergers, and more.

JON C. OGG

Posted on: November 17, 2009 – 8:58 am in Pre-Market Activity, Trading Alert, , , , , , ,

52-Week High Club

Pier 1 Imports Inc. (NYSE: PIR) rallied over 11% to a yearly high of $5.01 after Dow Jones reported that the company had entered into an agreement to sell its St. Charles Ill. distribution center $11 million.

ResMed Inc. (NYSE: RMD) hit a yearly high of $47.90 after analysts at Credit Suisse upgraded the stock.

Bitstream Inc. (NASDAQ: BITS) hit a yearly high of $6.05 after the company announced that K-Touch Mobile Indonesia, a mobile phone maker, had licensed Bitstream’s mobile we brower for distribution.

Pacific Sunwear of California Inc. (NASDAQ: PSUN) rallied over 6% to a yearly high of %6.62 after FBR Capital upgraded the apparel stores industry. 

Sinclair Broadcast Group (NASDAQ: SBGI) rallied over 12% to a yearly high of $4.22 after the company’s subsidiary, Sinclair Television Group, intends to offer roughl $430.00 million in debt which will be used to pas for its cash tenders for its 3% senior covertible notes due in 2027 and 4.875% senior convertable notes due in 2018.

Garrett W. McIntyre

Posted on: October 13, 2009 – 4:33 pm in Healthcare, Old Media, Retail, Technology Companies, Telecom, , , , ,

Top Analyst Upgrades (C, CY, DRYS, LRCX, ONNN, PSUN, PKX, RL)

These are this morning’s top analyst upgrades and positive research calls from Wall Street firms we have seen with about two hours until the market opens:

Citigroup (C) Started as Buy at Deutsche Bank.
Cypress Semiconductor (CY) Raised to Hold at Jefferies.
DryShips (DRYS) Raised to Buy at Lazard.
Lam Research (LRCX) Raised to Overweight at Barclays.
On Semiconductor (ONNN) Started as Buy at Deutsche Bank.
Pacific Sunwear (PSUN) Raised to Outperform at FBR Capital.
Posco (PKX) Raised to Conviction Buy List at Goldman Sachs.
Polo Ralph Lauren (RL) Started as Buy at UBS.

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

JON C. OGG
OCTOBER 13, 2009

Posted on: October 13, 2009 – 7:50 am in Analyst Calls, , , , , , , ,

Top Day Trader Alerts (MEDX, ISRG, OREX, CELG, EBAY, SNDK, PSUN, QCOM)

The following are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com:

Medarex Inc. (Nasdaq: MEDX) shares are up about 90 percent after Bristol-Myers Squibb Co. (NYSE: BMY) said it plans to buy the company for $2.4 billion, or $16 a share.

Pacific Sunwear of California Inc. (Nasdaq: PSUN) shares are getting hit on a second-quarter warning.

Orexigen Therapeutics Inc. (Nasdaq: OREX) shares are falling, and are among the most actively traded Nasdaq stocks after the company proposed a 9 million-share offering.

Celgene Corp. (Nasdaq: CELG) shares are up more than 10 percent on stronger-than-expected revenue and net procedure sales growth.

Intuitive Surgical Inc. (Nasdaq: ISRG) shares are up strongly on better-than-expected earnings and strong procedure growth guidance.

eBay Inc. (Nasdaq: EBAY) shares are up after beating quarterly expectations and guiding third-quarter revenue slightly higher.

SanDisk Corp. (Nasdaq: SNDK) shares are down after it beat Q2 expectations, but gave cautious guidance.

Qualcomm Inc. (Nasdaq: QCOM) shares are falling after it beat expectations, but only guided in-line, amid analyst concerns about average selling prices.

– The 24/7 Wall St. Team

Posted on: July 23, 2009 – 7:47 am in Pre-Market Activity, Trading Alert, , , , , , , ,

The 52-Week Low Club (AFL)(ALTU)(PSUN)(KVA)

Sad_clownAFLAC Incorporated (AFL) DeutscheBank dowgrades shares. Fall to $19.38 from 52-week high of $68.81.

Altus Pharmaceuticals (ALTU) Sharp job cuts. Drops to $.23 from 52-week high of $6.66.

Pacific Sunwear of California (PSUN) No obvious news, just selling. Down to $.72 from 52-week high of $14.04.

K-V Pharmaceutical (KVA) May default on credit lines. Sells off to $.49 from 52-week high of $28.25.

Douglas A. McIntyre

Posted on: January 26, 2009 – 3:58 pm in HI/LOW, , , ,

Top 10 Early Bird Analyst Upgrades & Downgrades (COGT, PSUN, RMD, NCTY, SAFM, UTHR, ARB, CS, CTRP, SUN)

Money_stack_picThese are ten of the early bird analyst upgrades and downgrades we are seeing from Wall Street this Wednesday morning:

  • Cogent Inc. (COGT) Raised to Overweight at JPMorgan.
  • Pacific Sunwear (PSUN) Raised to Neutral from Sell at UBS.
  • ResMed (RMD) Started as Buy at Jefferies.
  • The9 Ltd. (NCTY) Raised to Hold from Sell at Citigroup.
  • Sanderson Farms (SAFM) Raised to neutral from Underweight at JPMorgan.
  • United Therapeutics (UTHR) Raised to Neutral from Sell at Piper Jaffray.
  • Arbitron (ARB) Cut to Neutral at JPMorgan.
  • Credit Suisse (CS) Cut to Sell from Neutral at UBS.
  • CTrip.com (CTRP) Cut to Sell from Buy at Citigroup; price target cut to $30.40 at Credit Suisse.
  • Sunoco (SUN) Cut to Sell from Hold at Deutsche Bank.

Jon C. Ogg
November 19, 2008

Posted on: November 19, 2008 – 7:11 am in Analyst Calls, , , , , , , , , ,

The 52-Week Low Club 8/22/2008 (EXLS)(CNTF)(CPWM)(PSUN)

Sad_clownPacific Sunwear (PSUN) Awful forecast. Drops to $5 from 52-week high of $18.44.

Cost Plus (CPWM) Tough results for last quarter. Sells down to $1.50 from 52-week high of $6.22.

China Techfaith (CNTF) Company warns on sales, cut jobs. Plunges to $1.51 from 52-week high of $9.98.

Exlservice Holdings (EXLS) No big news. Slips to $11.07 from 52-week high of $28.96.

Douglas A. McIntyre

Posted on: August 22, 2008 – 2:53 pm in HI/LOW, , , ,

24/7 Wall St. Most Overpaid CEO Of The Day: Pacific Sunwear (PSUN) CEO Sally Frame Kasaks

R218533_855025According to the Pacific Sunwear proxy, CEO Sally Frame Kasaks makes a base salary of $1,250,000. Last year, her total compensation was $3.2 million.

Based on the performance of the stock and the business, those numbers are extraordinarily high. After posted flat revenue of $312 million for the last quarter, and operating income of only $3.7 million, Pacific Sunwear’s shares fell 31% today to just above $5.

Read More »

Posted on: August 22, 2008 – 9:06 am in Management Change,

Top Pre-Market Analyst Downgrades (AVNX, AVNXD, BKC, LVS, LOGI, PSUN, FACE, SHOR, SMA, TLB)

These are some of the top analyst calls we are seeing in pre-market trading this Friday morning:

  • Avanex (AVNXD) Cut to Neutral at Merriman Curhan Ford.
  • Burger King (BKC) Cut to Neutral at UBS.
  • Las Vegas Sands (LVS) Cut to Sell at B of A.
  • Logitech (LOGI) Cut to Hold at Deutsche Bank.
  • Pacific Sunwear (PSUN) Cut to Neutral at Baird; Cut to Market Perform at FBR.
  • Physicians Formula (FACE) Cut to Neutral at Piper Jaffray.
  • ShorTel (SHOR) Cut to Equal Weight at Lehman.
  • Symmetry Medical, Inc. (SMA) Cut to Underperform at Wachovia.
  • Talbots (TLB) Cut to Market Perform at FBR.

Jon C. Ogg
August 22, 2008

Posted on: August 22, 2008 – 6:36 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AAPL, MT, BLK, BRCM, CCL, RCL, DELL, LLTC, NSM, PSUN, JAVA)

These are ten of the analyst calls we are keying in on this Friday morning:

  • Apple (NASDAQ: AAPL) added to CONVICTION BUY LIST at Goldman Sachs; stock up 2% pre-market.
  • ArcelorMittal (NYSE: MT) raised to Buy at Goldman Sachs.
  • BlackRock (NYSE: BLK) Raised to Outperform from Market Perform at Wachovia.
  • Broadcom (NASDAQ: BRCM) started as Neutral at Robert W. Baird.
  • Carnival (NYSE: CCL) and Royal Caribbean (NYSE: RCL) downgraded at Morgan Stanley.
  • Dell (NASDAQ: DELL) Raised to Overweight at Morgan Stanley; stock up 2% pre-market.
  • Linear Tech (NASDAQ: LLTC) cut to Hold at Deutsche Bank.
  • National Semi (NYSE: NSM) raised to Buy at Deutsche Bank.
  • Pacific Sunwear (NASDAQ: PSUN) cut to Neutral at Piper Jaffray.
  • Sun Microsystems (NASDAQ: JAVA) Cut to Underweight at Morgan Stanley; stock indicated down 1% pre-market.

Jon C. Ogg
May 23, 2008

Posted on: May 23, 2008 – 6:51 am in Analyst Calls, , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AIG, BBW, CPST, LNG, CMC, DLTR, IMCL, PSUN, TDSC, TAL)

These are ten of the top analyst calls we are seeing this Monday morning:

  • American International Group (NYSE: AIG) Cut to Neutral from Buy at Goldman Sachs.
  • Build-A-Bear Workshop (NYSE: BBW) Cut to Neutral from Outperform at Credit Suisse.
  • Capstone Turbine (NASDAQ: CPST) Started as Buy at Merriman Curhan Ford.
  • Cheniere Energy (AMEX: LNG) Cut to Hold from Buy at Citigroup.
  • Commercial Metals (NYSE: CMC) Started as Buy at UBS.
  • Dollar Tree (NASDAQ: DLTR) Raised to Neutral from Underweight at JP Morgan.
  • ImClone Systems (NASDAQ: IMCL) Cut to Underweight at Morgan Stanley.
  • Pacific Sunwear (NASDAQ: PSUN) Cut to Sell from Buy at Citigroup.
  • 3D Systems (NASDAQ: TDSC) Raised to Neutral from Sell at Piper Jaffray.
  • TAL International (NYSE: TAL) Cut to Neutral from Outperform at Credit Suisse; but Raised to Outperform from Neutral at Baird.

Jon C. Ogg
May 12, 2008

Posted on: May 12, 2008 – 6:31 am in Analyst Calls, , , , , , , , , ,

Pre-Market Stock News (December 6, 2007)

Below is some of the top pre-market news affecting individual shares that 247WallSt.com is reviewing:

  • AMERCO (NASDAQ: UHAL) announce a $50 million share buyback plan.
  • Children’s Place Retail Stores (NASDAQ: PLCE) NOV s-s-s were +3%.
  • Coca-Cola (NYSE: KO) announced its CEO succession plan, Kent will replace Isdell in July 2008.
  • Costco (NASDAQ: COST) same-store sales rose 9%. Analysts had expected 6.6%.
  • Eli Lilly (NYSE: LLY) put 2008 EPS guidance at $3.85-4.00, slightly above consensus.
  • Family Dollar (NYSE: FDO) issued downside guidance with same-store-sales.
  • Freeport-McMoRan (NYSE: FCX) was noted as Cramer’s Top Mining & Minerals stock on MAD MONEY.
  • GameStop Corp. (NYSE:GME) will replace Dow Jones (NYSE:DJ) in the S&P 500 Index on date TBA.
  • Hoku Scientific (NASDAQ: HOKU) shares trading up 35% after it signed a term sheet for financing its Polysilicon Plant in Idaho with $185 million.
  • Limited Brands (NYSE: LTD) NOV s-s-s -7%.
  • Pacific Sunwear (NASDAQ: PSUN) NOV s-s-s +2.3%.
  • Rambus (NASDAQ: RMBS) rose 1.7% to $20.19 as SEC dropped options investigation with no action recommended.
  • Sierra Pacific (NYSE: SRP) filed to sell 12 million shares in a secondary.
  • Toll Brothers (NYSE: TOL) reported its first quarterly loss in two decades; EPS were -$0.52 versus -$0.47 estimates.
  • VF Corp. (NYSE: VFC) noted as Buy by Cramer on MAD MONEY.

Jon C. Ogg
December 6, 2007

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

Posted on: December 6, 2007 – 8:06 am in Pre-Market Activity, , , , , , , , , , , , , , ,

Not All May Retail Stores Were Weak (COST, KSS, JWN, JOSB, SKS, ZUMZ, PSUN, SHRP)

Despite an earnings warnings out of Bed Bath & Beyond (BBBY) earlier this week and despite some perceived softness at Wal-Mart (WMT), there were actually some retail winners that posted strong same-store-sales gains above expectations for the month of May.  Here is a sample of some that beat the mark:

Costco (COST)         +7.0% vs. +5.6% est.
Jos. A. Banks (JOSB)     +13.5% vs. +4% est.
JW Nordstrom (JWN)     +6.3% vs. +2.6% est.
Kohl’s (KSS)         +10.5% vs. +6.3% est.
Pacific Sunwear (PSUN)  +6.4% vs. +1.9% est.
Saks (SKS)         +37.9% vs. +14% est.
Zumiez (ZUMZ)         +11.2% vs. +7.3% est.

Sharper Image (SHRP) did not do well on the surface with same-store-sales coming in at -8%, but when you take into consideration the steady double-digit declines and that the First Call estimate was looking for -13.8% then this isn’t quite so bad.  As we have noted on many occasions, sometimes Wall Street will reward disparaged companies that merely do ‘LESS BAD’ than they have in prior periods.  Shares are down more than 1% on very thin volume and somehow shares have managed to come back up close to 52-week highs, so we won’t be looking for a major run today.

Jon C. Ogg
June 7, 2007

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

Posted on: June 7, 2007 – 8:43 am in Retail, , , , , , , ,