Schaeffer's Daily Market Blog Features Qwest Communications, McKesson, Dave & Buster's, Eli Lilly, and Fresh Del Monte.CINCINNATI -- Among the stocks featured in the December 9 edition of Schaeffer's Market Blog are Qwest Communications
See: New York Stock Exchange :Q), McKesson (NYSE:MCK MCK McKinsey & Company (consulting firm) MCK Mohawk Council of Kahnawake (Quebec) MCK Mon Colle Knights (children's TV show) MCK Mirror Classes Kit MCK Maintenance Check ), Dave & Buster's (NYSE:DAB), Eli Lilly Eli Lilly can refer to:
fibrin (fibrinogen) degradation product. ). Schaeffer's Market Blog is just one of the many free market commentaries written every day at www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. The Market Blog is written throughout every trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. by Schaeffer's financial analysts and traders. They are quick insights to the day's most notable market activity from an options perspective. For additional information about this report or to have it delivered to you free via email every day click on the following link. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB PROB Probable/Probably PROB Problem PROB People's Republic of Bangladesh 12M&PAGE=1 . Schaeffer's Market Blog for Friday, December 9, 2005: Below are just a few of today's Market Blog entries. Click here to read all of today's Market Blog. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1C&PAGE=1 . 8:30 AM NYSE & NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on New Highs/New Lows With Schaeffer's Equity Scorecard The number of new annual highs (226) outpaced the number of new annual lows (103) by a two-to-one margin in Thursday's trading. This was in spite of a very sluggish trading session. In the Daily Market Blog at SchaeffersResearch.com we list stocks today that are achieving new annual highs or new annual lows while sporting an "extreme" Schaeffer's Equity Scorecard reading. Qwest Communications (NYSE:Q) looks like strong candidates for our attention, scoring 9.0 out of 10. McKesson (NYSE:MCK) is also worth further study. It scores 8.5 out of 10 on the scorecard, and it boasts a Schaeffer's put/call open interest ratio (SOIR SOIR Schaeffer's Put/Call Open Interest Ratio SOIR Simultaneous Operations on Intersecting Runways ) of 1.33, which is higher than all but two percent of SOIR readings taken for the stock during the past 12 months. 10:38 AM Dave & Buster's Acquired for 375 Million Dollars Restaurant and entertainment name Dave & Buster's (NYSE:DAB) is the latest name succumbing to the private sector. Late Thursday, the firm announced plans to be acquired by private equity firm Wellspring well·spring n. 1. The source of a stream or spring. 2. A source: a wellspring of ideas. wellspring Noun Capital Management LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , for a price of $18.05 per share, or about $375 million. This is a premium of 18.7 percent over last night's closing price; the shares are trading nearly 15 percent higher this morning. In separate news, DAB announced a third-quarter loss of 23 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , as revenue spiked up 25.7 percent to $105.6 million. 11:00 AM Eli Lilly Guides Earnings Outlook Higher This morning before the market open, Eli Lilly (NYSE:LLY) provided a positive earnings outlook. The company sees Y05 earnings coming in at the high end of its earnings range and Y06 earnings surpassing previous estimates. In fact, LLY now sees Y06 earnings of $3.10-3.20 per share, versus the Reuters consensus estimate of $3.08. Technically speaking, it has been rough going for shares of LLY. The stock has been moving lower since June 2004. However, this morning's positive news has sent the stock above its short-term moving averages. At last check, LLY was trading 4.5-percent higher to $54.56. 11:38 AM Fresh Del Monte Guides Lower This morning before the market open, Fresh Del Monte (NYSE:FDP) guided its earnings estimates for Y05 lower. The company now sees earnings of $1.90-2.00 per share, down from its previous guidance of $2.30-2.40 and the Reuters consensus estimate of $2.30. The company said that lower-than-expected pineapple demand in North America had an adverse impact on its earnings outlook. A check on its weekly price chart reveals that this morning's negative news has sent the shares to their lowest level since mid-May 2004. FDP has support just below the 24 level. Market players should keep a close eye on the stock to see if it is able to retake re·take tr.v. re·took , re·tak·en , re·tak·ing, re·takes 1. To take back or again. 2. To recapture. 3. To photograph, film, or record again. n. 1. and hold support at this level. At last check, FDP was trading 11 percent lower to $23.05. The above are just a few of today's Daily Market Blog entries. Click here to read all of today's Daily Market Blog. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1C&PAGE=1 . Take advantage of the timely Schaeffer commentaries by signing up for their free e-newsletters -- Opening View, Market Recap and Monday Morning Outlook. Click here to have the Schaeffer's commentaries delivered to you free via email every day. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB12M&PAGE=1 . About Schaeffer's Investment Research (www.SchaeffersResearch.com) Schaeffer's Investment Research, founded by Bernie Schaeffer in 1981, is a financial information and trading resources company. It publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription newsletter. The firm's contrarian approach focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm's website, http://www.SchaeffersResearch.com , is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's. Click here for more details about Schaeffer's trading methodology: http://www.SchaeffersResearch.com/method . |
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