Last Nights Headlines - AM Action

 AM Action:

(GLD) (SLV) Overnight highs in spot silver were above 42. Next Fib in SLV is 42,  Short term resistance is yesterdays highs  at 40.95. Support at 40.16 the daily 50 fib level

Dendrion Corp. (DNDN) "Down 61% pre market at $15"
 7:30a (T3) Tim_K:   Brean Murray downgrades DNDN to Sell from Buy and lowers their tgt to $6from $60
 7:30a michael:  DNDN 8 Downgrades so far

ON Semiconductor Corp. (ONNN)
7:38a (T3) Tim_K:    ThinkEquity downgraded ON Semiconductor based on weaker than expectedgross margins and outlook. Price target lowered to $9 from
7:39a (T3) Tim_K:  ON Semiconductor downgraded to Hold from Buy at ThinkEquity


Last Nights Headlines:

4:02p THOR beats in motion
4:03p slow so far
4:03p
4:03p     meli in line
4:03p     BID nice report


4:04p     ande looks huge
    if clean
    both revs and eps
4:04p     no guidance
4:06p Caribou Coffee sees FY11 $0.39-0.41 vs $0.48 Capital IQ
Consensus Estimate; sees revs +11-13% vs. +8% consensus

4:07p     zip looks nice but too far above
4:08p cbou seems in line or even good to me but briefing has it as a warn.
4:09p     FIRE seems in line guidance
4:10p on SINA -     actually they put their pr out saying when this AM, let me check it
4:10p Activision Blizzard Announces Better-Than-Expected Second
Quarter 2011 Financial Results
Aug 3 at 16:05

4:11p     actually they put their pr out saying when this AM, let me check it
    sina=august 17
    official
4:12p atml tiny beat, no guidance
4:13p brb - marks meeting
5:37p     i don't know what clean numbers are in ATVI but it looks good
    i think they had 700m revs vs. 600m est
    not too shabby
    locm a tad light on rev guidance