Posts for Ticker ‘SSCC’

The 52-Week Low Club (BAC)(RF)(USB)(SSCC)

Sunset_4Bank Of America (BAC) Needs a bigger government bailout. Drops to $7.35 fro 52-week high of $45.08.

Regions Financial (RF) Bad day for banks. Falls to $5.97 from 52-week high of $25.84.

US Bancorp (USB) Still moving off due to downgrade. Hit $18.70 from 52-week high of $42.23.

Smurfit-Stone (SSCC) May go bankrupt. Down almost 85% to new 52-week low of $.05. The 52-week high is $9.99.

Douglas A. McIntyre

Posted on: January 15, 2009 – 4:12 pm in HI/LOW, , , ,

Top Pre-Market Analyst Upgrades & Downgrades (LFC, NUE, PLD, SLF, CCJ, SSCC)

Money_stack_picThese are the few upgrades and downgrades we have seen this shortened Wednesday.  As we are in the holidays, the analyst community has largely gone quiet until after the first of the year.

  • China Life Insurance Co. Ltd. (NYSE: LFC) Raised to Buy at Citigroup.
  • Nucor (NYSE: NUE) Raised to Buy at Deutsche Bank.
  • ProLogis (NYSE: PLD) Raised to Buy at Deutsche Bank; Raised to Outperform at Wachovia.
  • Sun Life (NYSE: SLF) Raised to Outperform at CIBC.
  • Cameco (NYSE: CCJ) Cut to Market Perform at FBR.
  • Smurfit-Stone (NASDAQ: SSCC) Cut to Hold at Deutsche Bank.

Jon C. Ogg
December 24, 2008

Posted on: December 24, 2008 – 7:36 am in Analyst Calls, , , , , ,

The 52-Week Low Club (KVA)(AM)(MNI)(BRY)(SSCC)

Sad_clown K-V Pharmaceutical (KVA) Suspends shipments of tablet-form drugs and expects earnings hit. Stock falls to $2.50 from 52-week high of $29.02.

American Greetings (AM) Says it lost money. Drops to $6.20 from 52-week high of $22.17.

McClatchy (MNI) Newspaper shares keep plunging. Someone may know something the general public has missed. Off to $.65 from 52-week high of $13.31.

Berry Petroleum (BRY) No news. Bad oil prices. Sells down to $6.15 from 52-week high of $62.15.

Smurfit-Stone Container (SSCC) Deutsche Bank downgrades shares. Drops to $.23 from 52-week high of $10.90.

Douglas A. McIntyre

Posted on: December 23, 2008 – 4:04 pm in HI/LOW, , , , ,

Top Pre-Market Analyst Downgrades (ACN, ADBE, DOX, CREL, CTRP, IACI, ISIL, KLAC, SAPE, SSCC)

These are some of the top pre-market analyst downgrades and cautious calls we have seen this Thursday morning:

  • Accenture (ACN) Cut to Neutral at Goldman Sachs.
  • Adobe Systems (ADBE) Cut to Neutral at Baird.
  • Amdocs (DOX) Cut to Neutral at Goldman Sachs.
  • Corel (CORL) Cut to Neutral at Piper Jaffray.
  • Ctrip.com (CTRP) Cut to Neutral at Goldman Sachs.
  • IAC/Interactive (IACI) Cut to Equal-Weight at Barclays.
  • Intersil (ISIL) Cut to Neutral at Goldman Sachs.
  • KLA-Tencor (KLAC) Cut to Hold at Citigroup.
  • Sapient (SAPE) Cut to Sell at Goldman Sachs.
  • Smurfit-Stone (SSCC) Cut to Neutral at Credit Suisse.

Jon C. Ogg
December 4, 2008

Posted on: December 4, 2008 – 8:03 am in Analyst Calls, , , , , , , , , ,

The 52-Week Low Club (CDE)(SSCC)(YRC)(BC)

Sad_clownBrunswick (BC) Moody’s downgrades to junk because of falling consumer spending and company’s financials. Drops to $3.80 from 52-week high of $22.85.

Coeur d’Alene Mines (CDE) Sells new convertible note. Metals stocks not having their best day. Falls to $.82 from 52-week high of $5.18.

Smurfit-Stone Container (SSCC) Goldman Sachs warns paper company shares may decline on week product demand. Moves off to $1.06 from 52-week high of $13.56.

YRC Worldwide (YRC) Issues new shares to pay debt. Sells down to $3.51 from 52-week high of $28.15.

Douglas A. McIntyre

Posted on: October 20, 2008 – 2:51 pm in HI/LOW, , , ,

Early Bird Analyst Upgrades (NLY, ATML, DWA, NVS, PRM, SSCC, SNWL)

These are not all of the upgrades and positive analyst calls on Wall Street this morning, but these are the ones we are focusing on early this Tuesday morning:

  • Annaly Capital (NLY) Raised to Buy at Merrill Lynch.
  • Atmel (ATML) Started as Buy at UBS.
  • Dreamworks Animation SKG (DWA) Raised to Buy at Merrill Lynch.
  • Novartis (NVS) Raised to Neutral from Underperform at Credit Suisse.
  • Primedia (PRM) Raised to Neutral at JPMorgan.
  • Smurfit-Stone Container (SSCC) Raised to Buy at Goldman Sachs.
  • SonicWall (SNWL) Started as Outperform at Baird.

Jon C. Ogg
September 23, 2008

Posted on: September 23, 2008 – 6:06 am in Analyst Calls, , , , , , ,

The 52-Week Low Club (UPS)(RHD)(UFS)(SSCC)

UPS (UPS) Cuts earnings forecasts. Down to $62.18 from 52-week high of $78.99.

R H Donnelley (RHD) Big printer up against fall in demand and high costs. Sells off to $3.19 from 52-week high of $78.10.

Domtar (UFS) Paper products companies get downgrades. Drops to $5.21 from 52-week high of $11.54.

Smurfit-Stone Container (SSCC) Another wood and paper operator. Sells down to $4.57 from 52-week high of $14.08.

Douglas A. McIntyre

Posted on: June 24, 2008 – 2:58 pm in HI/LOW, , , ,

52-Week Low Club (AIR, AVR, LNG, CLX, CTAS, DELL, XXIA, LNET, MNST, PNCL, SSCC)

These are far from all of the lows, but these are many highlighted stocks that traders will care about.  The prices for today are based on the last hour of trading and prior ranges rather than the closing prices for this Friday.

AAR Corp. (NYSE: AIR) hit a new low today on no direct news from a 52-week range of $22.06 to $39.42.  Shares were down over 7% late in the day at $20.91.  Hmm.. products, services, and maintenance to the airlines.  Go figure.

Aventine Renewable Energy Holdings, Inc (NYSE: AVR) down to a new low despite an upgrade by Broadpoint Capital. Ethanol stocks have dipped this month after a report that corn-supplies will be tight this year. Hit a new low of $4.22 late in the day from a 52-week range of $4.39 to $20.85.

Cheniere Energy Inc. (AMEX: LNG) down today on a downgrade by Lehman Brothers yesterday, despite announcements that its LNG terminal in Louisiana will begin to receive shipments on August 12. Shares down over $2.00 to new low of $16.17 off a 52-week range of $18.40 to $43.50.  This huge drop almost seems counterintuitive with sub-projects coming online and with energy prices in the stratosphere, but that downgrade from Lehman yesterday is ruling the roost.

Clorox Co. (NYSE: CLX) down to lowest points since 2004. Thursday, a Bernstein analyst estimated that third-quarter earnings could be lower than previously expected. Shares hit as low as $55.16 earlier today on a 52-week range of $55.37 to $69.36.  Maybe the public realized how bad bleach is for the water supply.

Cintas Corp. (NASDAQ: CTAS) dropped to a new low after a downgrade by Lehman Brothers. Shares hit a new low of $27.35 before recovering late in the day on a 52-week range of $27.41 to $41.04.  Uniform sales… what gets cut as employees get fired and as businesses trim expenses? Oh yeah, uniforms.

Dell Inc. (NASDAQ: DELL) fell along with the market today with the other computer companies. They just happened to hit a new low. They dropped to $18.44 on a 52-week range of $18.53 to $ 30.77.  The good news is that late in the day shares were back above the prior low.  The bad news is that nothing is going its direction.

Ixia (NASDAQ: XXIA) taking a hit from downgrades by JMP Securities and Ferris Baker Watts. They also cut their own guidance for first quarter estimates. It hit a new low of $6.30 off a 52-week range of $6.51 to $10.70.

LodgeNet Interactive Corporation (NASDAQ: LNET) down to a new low of $5.70 today. Apparently good hospitality isn’t enough keep the shareholders comfortable. The 52-week range is $5.90 to $38.11.  As people cut back, maybe those in-hotel movies are easier to cut spending on.

Monster Worldwide, Inc. (NASDAQ: MNST) hit a new low today with a 52-week range of $23.00 to $50.28. It shouldn’t be out of a job anytime soon but if it is, it will know where to look.  Shares down almost 4% at $22.20 late in the day.

Pinnacle Airlines Corp. (NASDAQ: PNCL) taking a hit in the wake of Frontier Airlines bankruptcy scare. Hit a new low of $8.22 on a 52-week range of $8.43 to $20.34.  Stock edged back above that $8.50 level in last 20 minutes today.

Smurfit-Stone Container Corp. (NASDAQ: SSCC) dipped to a new low off a 52-week range of $6.65 to $14.08.  Shares were at $6.35 in the last 20 minutes today, down almost 8%.  paperboard and packaging… what gets cut when stuff stops selling stores?  Oh yeah, the packaging.

Jon C. Ogg
April 11, 2008

Posted on: April 11, 2008 – 2:55 pm in HI/LOW, , , , , , , , , , ,

The 52-Week Low Club (BID)(AVR)(MNKD)(GRMN)(SSCC)

Sotheby’s Holdings (BID) Market is turning against companies with rick customers are they become poor. Fallst to $24.37 from 52-week high of $61.40.

Aventine Renewable Energy (AVR) Crop prices go up, ethanol stocks down. Sells off to $4.55 from 52-week high of $20.85.

Mannkind Corp (MNKD) Inhaled insulin products run into FDA approval trouble. Shares drop 60% and hit low of $2.15 from 52-week high of $15.65.

Garmin (GRMN) Still dropping on earnings concerns. Bottoms at $45.38 down from 52-week high of $125.68.

Smurfit-Stone Container (SSCC) Paper companies hit by commodities costs and rising price of oil. Runs down to $6.65 from 52-week high of $14.08.

Douglas A. McIntyre

Posted on: April 9, 2008 – 2:40 pm in HI/LOW, , , , ,

The 52-Week Low Club (FMD)(GRD)(GRMN)(SSCC)(SCUR)

First Marblehead (FMD) Fears about student market loans hit company. Down to $4.62 from 52-week high of $45.70.

Agria (GRD) COO leaves and annual report delayed. Shares down to $4.03 from 52-week high of $17.

Garmin (GRMN) Competition warns on earnings. Drops to $48.02 from 52-wek high of $125.68.

Smurfit-Stone Container  (SSCC) Concerns in the paper industry due to rising costs and and energy prices.. Sells off to $7.02 from 52-week high of  $14.08.

Secure Computing (SCUR) Lowers earnings forecasts. Sells down to $6.01 from 52-week high of $10.54.

Douglas A. McIntyre

Posted on: April 8, 2008 – 3:01 pm in HI/LOW, , , , ,

Pre-Market Earnings Gappers (January 29, 2008)

We are right in the thick of earnings season and below is a snapshot of some of the key earnings reports with price changes if available:

  • Air Tran (NYSE: AAI) -$0.02 EPS vs -$0.02 estimate.
  • American Electric Power (NYSE: AEP) $0.52 EPS vs $0.50 estimate.
  • American Express (NYSE: AXP) $0.71 EPS vs $0.71 estimate; stock fell 2% after-hours.
  • Burlington Northern (NYSE: BNI) $1.46 EPS vs $1.37 estimate.
  • Cardinal Health (NYSE: CAH) $0.90 EPS vs. $0.87 estimate, lowered guidance.
  • Chattem (NASDAQ: CHTT) $0.76 EPS vs $0.65 estimate.
  • Corinthian Colleges (NASDAQ: COCO) $0.11 EPS vs. $0.11 estimate; lending changes and reimbursement changes will lower earnings in second half to make 2008 at lower-end of expectations.
  • Countrywide Financial (NYSE: CFC) posted earnings; maintained dividend; shares up 1.5% pre-market.
  • Dow Chemical (NYSE: DOW) $0.84 EPS vs $0.80 estimate;
  • Eli Lilly (NYSE: LLY) $0.90 EPS vs $0.87 estimate.
  • EMC (NYSE: EMC) $0.24 EPS vs $0.22 estimate
  • 3M (NYSE: MMM) $1.19 EPS vs $1.17 estimate; $6.2 Billion vs. $6.12B estimate; reiterated 10% EPS growth for 2008.
  • Accidental Petroleum (NYSE: OXY) $1.74 EPS vs $1.69 estimate; replaced 116% of its 2007 production.
  • SanDisk (NASDAQ: SNDK) posted non-GAAP EPS of $0.69 vs. $0.64 EPS estimate, but guidance was disappointing; stock down 3%.
  • Sepracor (NASDAQ: SEPR) trading down 7% after restatements.
  • Smurfit Stone (NASDAQ: SSCC) traded up 6% after earnings.
  • T.Rowe Price (NASDAQ: TROW) $0.68 EPS vs $0.63 estimate.
  • Unisys (NYSE: UIS) $0.04 EPS vs $0.12 estimate; although shares up almost 4%.
  • VMware (NYSE: VMW) trading down 20% or more after revenue number was light.
  • Waddell & Reed (NYSE: WDR) $0.42 EPS vs. $0.42 estimate.
  • Zoran (NASDAQ: ZRAN) traded down 22% after beating earnings but lowering guidance.

Jon C. Ogg
January 29, 2008

Posted on: January 29, 2008 – 8:22 am in Earnings, Pre-Market Activity, , , , , , , , , , , , , , , ,