http://seekingalpha.com/currents/all SA Currents RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/currents/post/320831?source=feed 320831 Post your comment!]]> Wed, 16 May 2012 15:46:15 -0400 SeekingAlpha More from Einhorn. Post your comment!]]> http://seekingalpha.com/currents/post/320821?source=feed 320821 Post your comment!]]> Wed, 16 May 2012 15:42:40 -0400 SeekingAlpha HLF +8.9%) soars as the company's name has not (yet) been uttered by David Einhorn at Ira Sohn. More from Einhorn. Post your comment!]]> http://seekingalpha.com/currents/post/320811?source=feed 320811 Post your comment!]]> Wed, 16 May 2012 15:41:38 -0400 SeekingAlpha server connectivity problems for Activision's (ATVI -3%) just-released Diablo 3 are taking a chunk out of shares. According to PC Magazine, ATVI took down the game's servers yesterday at "10:22 a.m. PT for an hour, then from 11:30 a.m. to 1:30 p.m., then from 2:15 p.m. PT until 3:30 p.m." This, after ATVI had spent over a decade developing the well-received game. Post your comment!]]> http://seekingalpha.com/currents/post/320801?source=feed 320801 1 comment!]]> Wed, 16 May 2012 15:38:21 -0400 SeekingAlpha MLM -10.6%) plunges as it gets the David Einhorn treatment at Ira Sohn. Snippets: MLM's CEO is a megalomaniac; the company is overvalued and benefited from a one-time stimulus. Ouch. Vulcan Materials (VMC -6.1%) 1 comment!]]> http://seekingalpha.com/currents/post/320791?source=feed 320791 Post your comment!]]> Wed, 16 May 2012 15:32:49 -0400 SeekingAlpha from Gundlach at Ira Sohn: He suggests another contrarian pairs trade - Long Spain (EWP), short SPY. One he mentioned a few weeks ago - long natural gas, short Apple is performing famously well. Believing the Fed isn't raising rates anytime soon, he suggests a leveraged long position in Libor. Post your comment!]]> http://seekingalpha.com/currents/post/320781?source=feed 320781 Post your comment!]]> Wed, 16 May 2012 15:27:47 -0400 SeekingAlpha KLAC -4.7%), Lam Research (LRCX -4.5%) and Novellus (NVLS -4.4%) to Underweight, predicting a "downtick" in capital expenditures by chip foundries in H2 of this year, and that capex in the memory and logic sectors of the business will be lower than many investors expect. Post your comment!]]> http://seekingalpha.com/currents/post/320771?source=feed 320771 1 comment!]]> Wed, 16 May 2012 15:23:03 -0400 SeekingAlpha says Jeff Gundlach at the Ira Sohn conference. Deficits DO matter, he continues, and are now causing social unrest in Europe. "Nothing like a hot summer when 1/3 of the under-25 crowd have nothing to do but throw Molotov cocktails." 1 comment!]]> http://seekingalpha.com/currents/post/320761?source=feed 320761 Post your comment!]]> Wed, 16 May 2012 15:19:21 -0400 SeekingAlpha possible IPO this summer in an offering that would value the company at $6B-$7B, according to CNBC. The news could dampen the spirits of those calling Coty's withdrawal of its bid for Avon (AVP -0.2%) a negotiating tactic. Post your comment!]]> http://seekingalpha.com/currents/post/320751?source=feed 320751 5 comments!]]> Wed, 16 May 2012 15:17:03 -0400 SeekingAlpha been sworn in as PM in Greece, and will head a caretaker government until new elections (expected on June 17). "There is no panic," he says of deposits exiting the banks, "but there is great fear which could turn into panic." 5 comments!]]> http://seekingalpha.com/currents/post/320741?source=feed 320741 1 comment!]]> Wed, 16 May 2012 15:12:43 -0400 SeekingAlpha higher retail chicken and been prices. Also pitching in, the uproar over the pink slime additive used in beef seems to be petering out a bit. Sector movers: Smithfield Foods (SFD +2.2%), Pilgrim's Pride (PPC +3.9%), Sanderson Farms (SAFM +2.4%), Tyson Foods (TSN +1.4%). 1 comment!]]> http://seekingalpha.com/currents/post/320731?source=feed 320731 Post your comment!]]> Wed, 16 May 2012 15:05:30 -0400 SeekingAlpha ORIG -1.7%) at Buy with a $22 price target, believing ORIG is well positioned to benefit from rising deepwater day rates and limited near-term supply growth. With a fleet of six high quality rigs and an additional three new builds slated for 2013, the firm says ORIG has one of the youngest and most targeted fleets in the industry. Post your comment!]]> http://seekingalpha.com/currents/post/320721?source=feed 320721 Post your comment!]]> Wed, 16 May 2012 15:05:06 -0400 SeekingAlpha EXP -4.2%) slips after missing FQ4 estimates earlier today. Total revenue increased 22% Y/Y on improved sales volumes in its cement and paperboard businesses and higher cement, wallboard and paperboard net sales prices, but bottom line margins were hit hard by higher overall material costs. Post your comment!]]> http://seekingalpha.com/currents/post/320711?source=feed 320711 Post your comment!]]> Wed, 16 May 2012 15:00:33 -0400 SeekingAlpha On the hour: Dow +0.15%. 10-yr -0.01%. Euro -0.06% vs. dollar. Crude -1.24% to $92.81. Gold -1.11% to $1539.75. Post your comment!]]> http://seekingalpha.com/currents/post/320701?source=feed 320701 Post your comment!]]> Wed, 16 May 2012 14:58:53 -0400 SeekingAlpha VMED) at the Ira Sohn conference, suggesting it's in a small universe of companies that can buy back shares consistently over the next 5 years. In fact, the company could repurchase all of its stock with free cash flow over the next 5-9 years. "Imagine what that last share will be worth." Stock pops, +2.4%. Post your comment!]]> http://seekingalpha.com/currents/post/320691?source=feed 320691 2 comments!]]> Wed, 16 May 2012 14:56:43 -0400 SeekingAlpha NOV -1.4%) is upgraded to Buy from Hold with an $80 target price at Standpoint Research, which believes shares closely correlate to crude oil prices over the long term and are poised to move up when oil prices rise in 2013-14. The firm considers NOV one of the best performing names in the equipment and services sector, ahead of SLB, WFT and MDR. 2 comments!]]> http://seekingalpha.com/currents/post/320681?source=feed 320681 Post your comment!]]> Wed, 16 May 2012 14:52:29 -0400 SeekingAlpha AMBO -17%) , which provides educational and professional development services in China, delays filing its 2011 annual report beyond the 15-day extension provided by the SEC. The company says it's identified preliminary adjustments to the year's revenue results. Post your comment!]]> http://seekingalpha.com/currents/post/320671?source=feed 320671 1 comment!]]> Wed, 16 May 2012 14:49:35 -0400 SeekingAlpha FSLR -7.2%), no stranger to bad news, plunges to new all-time lows a day after David Einhorn discloses he liquidated his position in Q1. On the flip side, Expedia (EXPE +3.5%), which Einhorn established a position in, is posting a decent gain. 1 comment!]]> http://seekingalpha.com/currents/post/320661?source=feed 320661 Post your comment!]]> Wed, 16 May 2012 14:45:46 -0400 SeekingAlpha SAP co-founder/ex-CEO Hasso Plattner talks up the long-term potential of his company's Hana in-memory database at its Sapphire Now user conference. While admitting Hana will never fully replace traditional databases, Plattner predicts it will "become the foundation for most of [SAP's] applications," and thinks the performance demands of mobile users and big data applications will drive future growth. Bernstein thinks Hana sales could reach $750M this year and $4.4B in 2015. Post your comment!]]> http://seekingalpha.com/currents/post/320651?source=feed 320651 1 comment!]]> Wed, 16 May 2012 14:39:11 -0400 SeekingAlpha APA -0.4%) says it completed a highly productive North Sea oil well that's "one of the best wells drilled in the past 10 years" at its Beryl Field operation, producing at a rate of 11,625 boe/day and 13.1M cubic feet of natural gas per day. APA plans a new three-dimensional seismic survey this summer, the first since 1997. 1 comment!]]> http://seekingalpha.com/currents/post/320641?source=feed 320641 1 comment!]]> Wed, 16 May 2012 14:34:09 -0400 SeekingAlpha hopes that Yahoo's (YHOO) latest management/board shakeup will spark a turnaround, Gizmodo's Mat Honan provides an in-depth look at how Yahoo's culture wrecked Flickr, once one of its hottest properties. Among other things, Yahoo obsessed over Flickr's database while ignoring its community, didn't provide needed social networking capabilities, and failed to build compelling mobile apps. Instagram and others were happy to take advantage. (previous) 1 comment!]]> http://seekingalpha.com/currents/post/320631?source=feed 320631 Post your comment!]]> Wed, 16 May 2012 14:33:20 -0400 SeekingAlpha ELY -0.1%) as it stands as one of the last pure-play golf names around amid industry consolidation after Golf Towne merged with Golfsmith (GOLF +0.1%). With big sporting goods names such as Nike (NKE -0.4%), Adidas (ADDYY.PK), and Fila throwing their clout around, Callaway has a major challenge and on its hands. With ELY -22.2% since shanking its Q1 report, could Nike be interested in a bid? Post your comment!]]> http://seekingalpha.com/currents/post/320621?source=feed 320621 1 comment!]]> Wed, 16 May 2012 14:28:26 -0400 SeekingAlpha PBR +2.2%) reports its Q1 net profit dropped 16% Y/Y as higher sales volumes were offset by lower foreign exchange gains on overseas debt, but EPS of ~$0.36 and revenues (+22% Y/Y) easily beat analyst estimates. Exports rose to 714K bbl/day vs. 631K bbl/day in the year-ago period; demand for gasoline and diesel rose 24% and 9%, respectively. 1 comment!]]> http://seekingalpha.com/currents/post/320611?source=feed 320611 2 comments!]]> Wed, 16 May 2012 14:24:56 -0400 SeekingAlpha Justin Wolfers on the FOMC minutes: "We have a plan. We don't plan to follow it. But our plan to revise our plans isn't a plan either ... (it's) painfully clear that forward guidance is mostly (baloney) and that it doesn't represent their current plans." 2 comments!]]> http://seekingalpha.com/currents/post/320601?source=feed 320601 Post your comment!]]> Wed, 16 May 2012 14:19:24 -0400 SeekingAlpha GIL +4.1%) spike higher after Meryl Witmer points out the incredible markup the fast-growing company enjoys and highlights its advanced manufacturing facilities. GILD +35.8% YTD. Post your comment!]]> http://seekingalpha.com/currents/post/320591?source=feed 320591 Post your comment!]]> Wed, 16 May 2012 14:17:40 -0400 SeekingAlpha DWRE +4.3%), two months removed from a strong IPO, jumps after Canaccord reiterates a Buy in the wake of the company's Xchange user conference. The firm likes Demandware's operating leverage and strong revenue growth, and the competitive positioning of its cloud-based e-commerce solutions relative to legacy platforms. NetSuite announced a rival solution yesterday. (previous) Post your comment!]]> http://seekingalpha.com/currents/post/320581?source=feed 320581 Post your comment!]]> Wed, 16 May 2012 14:12:52 -0400 SeekingAlpha FOMC minutes: The committee discussed the possibility of providing greater clarity about what conditions would be necessary to trigger a change in monetary policy. With the Fed on hold for now, the S&P 500 gives up just a shade more, -0.2%. Post your comment!]]> http://seekingalpha.com/currents/post/320571?source=feed 320571 Post your comment!]]> Wed, 16 May 2012 14:06:33 -0400 SeekingAlpha ROSG +284%) shares shoot into orbit after the microRNA-based molecular diagnostic test maker says Novitas, the designated Medicare Administrative Contractor for its miRview® mets² assay, announced it plans to cover the assay for all Medicare beneficiaries. Post your comment!]]> http://seekingalpha.com/currents/post/320561?source=feed 320561 Post your comment!]]> Wed, 16 May 2012 14:05:52 -0400 SeekingAlpha VIA +3.0%) move up after Eagle Capital's Merly Witmer comes out with positive comments on the name at the Ira Sohn Conference. It won't be the last stock to catch a reaction emanating from the hedge fund manager confab. Still on tap: David Einhorn 3:05 PM EST (HLF?), Bill Ackman 5:30 PM. Post your comment!]]> http://seekingalpha.com/currents/post/320551?source=feed 320551 3 comments!]]> Wed, 16 May 2012 14:03:47 -0400 SeekingAlpha FOMC Minutes: Little change from the previous stance. Some members are becoming more confident about the durability of the recovery, but several said additional easing may be needed should it falter. The Richmond Fed's Jeff Lacker dissented over the currency swap arrangements with Canada and Mexico. 3 comments!]]> http://seekingalpha.com/currents/post/320541?source=feed 320541 Post your comment!]]> Wed, 16 May 2012 14:00:33 -0400 SeekingAlpha On the hour: Dow +0.18%. 10-yr -0.09%. Euro -0.01% vs. dollar. Crude -1.26% to $92.8. Gold -1.4% to $1535.35. Post your comment!]]>