Filed under: Major movement , Deals , Bad news , Industry , Japan , Options , Technical Analysis , Oil LDK Solar (NYSE: LDK - option chain ) shares are falling today despite the company’s announcement of an eight-year contract with Japan’s Sumitomo Corp. to supply solar cell parts . Under the deal, LDK will supply about 750 megawatts of multicrystalline silicon wafers to Sumitomo. However, most solar stocks are dropping today as crude oil futures are lower again at $106, and almost dipped below $105 earlier this morning. If you think this stock won’t be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on LDK. This morning, LDK opened at $45.57. So far today the stock has hit a low of $41.70 and a high of $45.57. As of 12:20, LDK is trading at $43.20, down $2.78 (-6.0%). The chart for LDK looks neutral and S&P gives LDK a neutral 3 STARS (out of 5) hold ranking. For a b...
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Texas Instruments (TXN) slips on Intel outlookFrom: bloggingstocks.com
Post Date: 2008-03-04 14:56:00
Filed under: Forecasts , Bad news , Industry , Texas Instruments (TXN) , Options , Technical Analysis Texas Instruments Inc. (NYSE: TXN ) is falling today along with most other technology stocks after Intel Corp. (NASDAQ: INTC ) cut its first quarter earnings outlook , citing weak memory chip prices. If you think this stock won’t be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on TXN.
After hitti...
more BP sets aside more funds for legal settlementsFrom: bloggingstocks.com
Post Date: 2008-03-04 14:28:00
Filed under: Bad news , BP p.l.c. ADS (BP) , Options , Technical Analysis , Oil BP plc (NYSE: BP ) stock is falling this morning after the company announced this morning it has raised its claim fund to $2.13 billion for the 2005 explosion at its Texas City refinery. Lower oil futures are also hurting the stock. If you think this stock won’t be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on BP.
After hi...
more FTI Consulting (FCN): Shares forming bullish ’pennant’From: bloggingstocks.com
Post Date: 2008-03-05 12:29:18
Filed under: Earnings reports , Analyst upgrades and downgrades , Technical Analysis , Stocks to Buy FTI Consulting (NYSE: FCN ) provides forensic/litigation services to major corporations, financial institutions and law firms. Company experts offer investigative services to firms facing fraud, disclosure, and malpractice issues, to assist them in their legal defense or pursuit of recoveries. FTI also serves its clients with expert testimony and corporate restructuring servi...
more Adobe (ADBE) slides as Microsoft makes advancesFrom: bloggingstocks.com
Post Date: 2008-03-05 12:29:42
Filed under: Bad news , Industry , Microsoft (MSFT) , Nokia Corp. (NOK) , Adobe Systems (ADBE) , Options , Technical Analysis Adobe Systems (NASDAQ: ADBE ) stock is trading lower this morning on reports that competitor Microsoft (NASDAQ: MSFT ) is beginning tests of new business programs to be offered as online services . MSFT is attempting to increase its presence in a sector of the software industry where it is uncharacteristically beh...
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