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Wednesday, June 06, 2007 

Stocks on the move this afternoon

Take a look at some stocks that are showing good and poor performance today:

Most actives : INTC , SUNW , AAPL, CSCO , YHOO

Gainers : BIDZ , HDY , SHOE , DRJ , INO

Losers : TWER , XTLB , PNRA , ANGN , CESI

VLO - Company said it shut fluid catalytic cracking units for maintenance at refineries in Houston and Louisiana. The unit at the Houston plant will be shut for “approximately two weeks.” Gasoline production will drop by 40,000 barrels a day in Houston and 25,000 barrels a day at Krotz Springs during the maintenance period. A historical rash of refinery “problems” has been the driving force behind the recent surge in energy prices.

VLTR -
Volterra Semiconductor announced it expects a loss and lowered it revenue forecast after it recalled products worth $2 million - $3 million.

AMTD - Td Ameritrade Hldg announced late Tuesday that hedge funds JANA Partners and S.A.C. Capital Advisors have revealed that they have an aggregate "economic interest" in about 8.4 percent of its shares and that they want the company to pursue a merger.

CACH - An analyst downgrades Cache from "buy" to "hold," while reducing his estimates for the company.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.

See you later,

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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