Friday, December 10, 2010

Ben's Pre Market Recap


Earnings last night:
ALOG, GMCR, ESL, HRLY, PLL, NSM

Secondaries last night:

ASTM, CRZO, CYS, LINC

Other news last night:

THC unsolicited cash and stock offer by CYH at $6/share
BEC reportedly hiring Goldman to evaluate strategic alternatives--WAT & BRKR possible derivative plays

Today's Pricings:
CAP 17.50, CIS 19.50, FSYS 30.00, STWD 19.73,EXPR 15.50, HTWR 81.31, SNH 20.50

Today's IPO's

LAS, CPGI--both Chinese plays

Today's news:

VRSN $3 special dividend
MCP--Sumitomo makes $130m debt and equity investment
APWR gets $32.5m contract
NFLX and FFIV S&P addition

Analyst Actions:

ARG Baird ups Neutral to Outperform
CML Baird cuts Outperform to Neutral
UPL, COG UBS cuts both Buy to Neutral
PG Goldman ups Neutral to Buy
LULU Jefferies ups Underperform to Neutral, Cramer says "going to 100"
BRCM Susquehanna ups Net Neutral to Net Positive
COF FBR ups Market Perform to Outperform

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