Monday, August 1, 2011

Last Nights Noteables - AM Action

AM Action:

Nokia (NOK)
S&P Downgrades Nokia With Neg Outlook Due To Poor Prospects In
Devices & Services Segment

Becton Dickinson (BDX)
beats by $0.10, beats on revs; raisesFY11 EPS above consensus

Sohu.com (SOHU)

upgraded to Neutral from Reduce at Nomura - Nomura upgraded Sohu.com based on stronger than expected Q2 results andoutlook. Price target is $85.

Range Resources (RRC)
Price target raised to $73 from $59 at RW Baird




Allot Communications Ltd. (ALLT)
7:40a watch ALLT
7:42a off a dollar - into a round level 15 on its solid up trending daily after announcing a secondary last night after the bell
7:57a (T3) Tim_K:  Allot Communications Plans 5.5M-Share Offering >ALLT
7:59a (T3) Tim_K:  Shares Outstanding5:    23.98M
7:59a (T3) Tim_K:  Float:    16.19M

Martin Marietta Materials, Inc. (MLM)
8:13a (T3) Tim_K:  News Source Chatter:     MLM ugly just now, fyi
8:13a (T3) Tim_K:      big eps and rev miss

Last Nights Post market Headlines Chat:

4:02p Allot Communications Announces Offering of Ordinary Shares

4:03p     (ALLT) GREASY HAD EARNINGS THIS AM TRENDS UP ALL DAY ANNOUNCES A SECONDARY AFTER THE CLOSE
4:11p Herbalife Raises FY11 View To EPS $2.97-EPS $3.07 >HLF

4:11p Beats on REVS - EPS and Guides higher
4:12p lite vol
4:16p ALLT is 15 offer
4:16p that seems sloppy and overdone on a secondary
4:19p     BGC warned a bit, fwiw
4:27p HLF just reported beat and guided higher
4:34p (T3) Tim_K:      WINN just pre-announced.  revs seem a bit better, EPS for coming quarter seems a bit light
4:36p (T3) Tim_K:  watch ALLT in the post - low in efficient offer on the sec

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