Search Blog

 Daily High 5 Blog
5 – Las Vegas Sands – NYSE:LVS

4 – Citigroup – NYSE:C

3 – Continental Airlines – NYSE:CAL

2 – American International Group – NYSE:AIG

1 – MBIA – NYSE:MBI

* Las Vegas Sands saw its price target boosted to $10 from $9 by an analyst who kept its underperform rating Tuesday and cited the company's Hong Kong initial public offerings. Shares of LVS rose 3.4 percent to $19.27 on the NYSE.

* Shares of Citigroup rallied Tuesday after one of Singapore's sovereign wealth funds said it racked in a $1.6 billion profit by cutting its 9 percent stake in the firm's common stock to less than 5 percent. Citi closed up 5 percent to $4.65 on the NYSE.

* Continental Airlines is the #3 stock on the HIGH 5 after news that August passenger revenue for U.S. airlines fell 21% compared with the same month in 2008. That marks the 10th consecutive month passenger revenue has declined from the year-earlier period. Shares of CAL fell 3.4 percent to $16.78 on Tuesday.

* American International...

Read More »

5 – BioCryst Pharmaceuticals – NASDAQ:BCRX

4 – American International Group – NYSE:AIG

3 – Citigroup – NYSE:C

2 – Apple – NASDAQ:AAPL

1 – Las Vegas Sands – NYSE:LVS

* On Monday it was announced that BioCryst Pharmaceuticals will receive $77.2 million from U.S. Department of Health & Human Services to complete development of experimental flu drug peramivir. Shares of BCRX came off 5.2 percent to $9.50 in its debut on the HIGH 5.

* American International Group shares jumped more than 21 percent Monday amid hope the government may ease the terms of its bailout of the giant insurer again. AIG closed up at $48.40 on the NYSE yesterday.

* Citigroup closed in the green on Monday after rising 4 percent to $4.43 on the NYSE.

* Apple recently got an upgrade to "outperform" from Macquarie, which said it is "increasingly confident that Apple has negotiated the worst of the consumer recession" and that the iPhone would continue to dominate the smartphone market next...

Read More »

5 – e-Future Information Technology – NASDAQ:EFUT

4 – Chesapeake Energy Corporation – NYSE:CHK

3 – Apple – NASDAQ:AAPL

2 – Citigroup – NYSE:C

1 – Las Vegas Sands – NYSE:LVS

* e-Future Information Technology is the first stock on the Monday HIGH 5 after surging 23.4 percent to $10.50 on the Nasdaq last Friday.

* Chesapeake Energy Corporation was recently downgraded to hold from buy at S&P Equity Research. S&P also scaled back its production forecasts for Chesapeake in the face of low natural gas prices. Shares of CHK fell less than half a percent to $27.85.

* The #3 stock on the HIGH 5 is Apple after its stock got an upgrade Friday to "outperform" from Macquarie, which said it is "increasingly confident that Apple has negotiated the worst of the consumer recession" and that the iPhone would continue to dominate the smartphone market next year. Shares of AAPL inched up .30 percent to $185.02 last Friday.

* Citi finished lower on Friday a day after CEO Vikram...

Read More »

5 – UAL Corporation – NASDAQ:UAUA

4 – Manitowoc – NYSE:MTW

3 – Gerdau S.A – NYSE:GGB

2 – Citigroup – NYSE:C

1 – Las Vegas Sands – NYSE:LVS

* Most airlines stock rose Thursday while UAL Corp. plunged after AMR Corp. said it lined up $2.9 billion to help consolidate its hub system without major layoffs, and also to buy 22 planes. Shares of UAUA fell 5.4 percent to $8.60.

* Manitowoc is back on the HIGH 5 after plunging 4.1 percent to $9.90 on the NYSE on Thursday.

* Brazilian steel products maker Gerdau debuts on the HIGH 5 in the #3 spot after climbing just half a percent on Thursday. Shares of GGB closed up at $13.32 on the NYSE.

* Citigroup sold a $2 billion issue of 5-year senior notes on Thursday. The news sent shares up 5.2 percent to $4.42 on Thursday.

* Las Vegas Sands moves into the top spot on the HIGH 5 after closing up 1.7 percent to $18.99 on the NYSE Thursday.

LocateStock is the premiere electronic securities lending company providing...

Read More »

5 – Citigroup – NYSE:C

4 – MBIA – NYSE:MBI

3 – Omniture – NASDAQ:OMTR

2 – Las Vegas Sands – NYSE:LVS

1 – Bank of America – NYSE:BAC

* Chief Executive Vikram Pandit said Wednesday that Citigroup could easily repay a $20 billion preferred investment by the government, but the bank must show it can raise new capital from private investors first. Shares rose 2 percent to $4.20 on Wednesday.

* MBIA is the #4 stock on the HIGH 5 Thursday after climbing 1.2 percent to $6.89 on the NYSE the previous day.

* Omniture shot up 26.3 percent just one day after Adobe Systems said it was snapping up the Web analytic company for $1.8 billion. Shares of OMTR rose $4.55 to close at $21.88 in its debut on Wednesday.

* Shares of Las Vegas Sands found themselves in the red after two consecutive days of upgrades and a surge in market share. The casino operator's stock closed down 4.6 percent to $18.67 on Wednesday.

* New York attorney-general Andrew Cuomo has issued subpoenas...

Read More »

5 – Citigroup – NYSE:C

4 – AIG – NYSE:AIG

3 – Synovus Financial – NYSE:SNV

2 – Las Vegas Sands – NYSE:LVS

1 – Bank of America – NYSE:BAC

* Two units of Citigroup, Citibank NA and Citigroup Funding, jointly sold $5.0 billion of debt in a three-part sale on Tuesday. Shares plummeted 8.9 percent to $4.12 on Tuesday.

* AIG shares plunged just one day ahead of their one year federal bailout anniversary. The insurer's stock came off 5.6 percent to $38.80 on Tuesday.

* Synovus Financial debuts on the HIGH 5 after announcing a plan expected to boost its capital. The plan will include a public offering of up to $350 million of Synovus Financial common stock. Shares of SNV rocketed 14.8 percent to $4.35 on Tuesday's news.

* Shares of Las Vegas Sands shot up again after two consecutive days of upgrades from Sterne Agee and Bank of America. The casino operator's stock rose 8.3 percent to $19.56 on Tuesday.

* Bank of America Chief Executive Kenneth Lewis said Tuesday...

Read More »

5 – AIG – NYSE:AIG

4 – Citigroup – NYSE:C

3 – Quicksilver Resources – NYSE:KWK

2 – Las Vegas Sands – NYSE:LVS

1 – Bank of America – NYSE:BAC

* AIG rose 9.5 percent Monday as President Obama visited Wall Street. Shares closed up at $41.11 on the NYSE.

* Citigroup executives made good headlines Monday by predicting the battered company will someday repay federal bailout funds. But CEO Vikram Pandit was vague when CNBC's Maria Bartiromo asked when the company would be able to return the U.S. government's massive investment made through the Troubled Assets Relief Program. Shares fell 2 percent to $4.52 on Monday.

* The executive vice president of operations for Quicksilver Resources sold close to 100,700 of the company's shares on Sept. 3 and 4 for $1 million, or an average price of $10.43 each. Shares rose 4.2 percent to $12.53 on Monday.

* Las Vegas Sands received another upgrade Monday from Bank of America. The casino stock got an upgrade Friday from Sterne...

Read More »

5 – Opexa Therapeutics – NASDAQ:OPXA

4 – Citigroup – NYSE:C

3 – AIG – NYSE:AIG

2 – Las Vegas Sands – NYSE:LVS

1 – Bank of America – NYSE:BAC

* Earlier last week a Opexa Therapeutics, micro-cap drug stock, soared 350 percent thanks to a press release from the company claiming "additional favorable data" from a previously completed phase II study of Tovaxin, a personalized immunotherapy, or "vaccine" for patients with relapsing-remitting multiple sclerosis. The stock debuted on the HIGH 5 after shedding some of the week's previous gain, and closed down 3.8 percent to $4.10 on Friday.

* Chief Executive Officer of Citigroup, Vikram Pandit, will present at the Barclays Capital Global Financial Services Conference on Wednesday, September 16, 2009. The presentation is expected to begin at approximately 1:15 PM (EDT). Shares fell 3 percent to $4.61 on Friday.

* AIG fell less than 1 percent Friday after a Wells Fargo analyst cut the stock to underperform from market perform,...

Read More »

5 – AIG – NYSE:AIG

4 – Citigroup – NYSE:C

3 – Manitowoc – NYSE:MTW

2 – Las Vegas Sands – NYSE:LVS

1 – Bank of America – NYSE:BAC

* AIG fell on news that the insurer may be shedding business to pay back government loans. Shares tumbled 2.7 percent to $37.85 as LocateStock short sellers once again devoured locates.

* Financial stocks, including Citigroup, took a positive turn Thursday following Treasury Secretary Timothy Geithner's testimony before the Congressional Oversight Panel on TARP. Shares rose about 2 percent to $4.75 on the NYSE.

* Manitowoc said yesterday that it will participate in the J.P. Morgan Diversified Industries Conference, which will be held at the J.P. Morgan Conference Center on September 15 and 16, 2009. Shares of MTW shot up 7.4 percent to close at $8.46 on the NYSE Thursday.

* Las Vegas Sands fell Thursday on news that it plans to spin off its Macau operations in a Hong Kong initial public offering to raise as much as $3 billion....

Read More »

5 – AIG – NYSE:AIG

4 – Sequenom – NASDAQ:SQNM

3 – Novavax – NASDAQ:NVAX

2 – Manitowoc – NYSE:MTW

1 – Las Vegas Sands – NYSE:LVS

* AIG debuts on the HIGH 5 marking the one year anniversary when it was bailed out by the federal government. AIG plummeted an additional 8.5 percent to $38.89 as short sellers once again devoured locates.

* Sequenom is the #4 stock on the LocateStock HIGH 5 this Thursday. Shares of SQNM climbed 1.9 percent to $5.83 during the previous trading session on the Nasdaq.

* Biotech company Novavax continues its discussions with officials from several different countries looking for quick ways to make flu vaccines to protect their populations from swine flu and other pandemics. Shares of NVAX rose 1.7 percent to $6.10 on Wednesday.

* Manitowoc reported recently that its total outstanding debt was $2.53 billion as of June 30, most of it stemming from its acquisition of British kitchen equipment maker Enodis. Shares of MTW shot up 5.9 percent...

Read More »

5 – Novavax – NASDAQ:NVAX

4 – Manitowoc – NYSE:MTW

3 – AIG – NYSE:AIG

2 – Las Vegas Sands – NYSE:LVS

1 – Citigroup – NYSE:C

* Biotech company Novavax is in discussions with officials from several different countries looking for quick ways to make flu vaccines to protect their populations from swine flu and other potential pandemics, the company's chief executive told Reuters Tuesday. Shares of NVAX shot up 8.7 percent to $6 on the news.

* Manitowoc reported recently that its total outstanding debt was $2.53 billion as of June 30, most of it stemming from its acquisition of British kitchen equipment maker Enodis. Shares of MTW rose 8.6 percent to close at $7.44 on Tuesday.

* AIG was among the decliners of the financial sector Tuesday after an analyst downgraded the stock and set a stock price target that would halve the current share price. AIG plummeted 10.5 percent to $41.75 as short sellers devoured the news.

* Las Vegas Sands said on Tuesday it closed...

Read More »

5 – Novavax – NASDAQ:NVAX

4 – AIG – NYSE:AIG

3 – Manitowoc – NYSE:MTW

2 – Las Vegas Sands – NYSE:LVS

1 – Citigroup – NYSE:C

* An analyst downgraded shares of Novavax Wednesday after the biotechnology company's stock climbed past Oppenheimer's $6 price target. Shares of NVAX fell 1.7 percent to $5.84 on Thursday.

* Fox Business reported Thursday that AIG's new CEO may get a stern talking-to from the struggling company's board members over some recent blustery comments made at employee meetings. AIG shot up 10 percent to $41.75 on the news Thursday.

* Manitowoc said Thursday that it will participate in the Longbow Industrial Machinery and Equipment Conference, which will be held at the Crowne Plaza Times Square on Thursday, September 10, 2009. Shares of MTW rose 2.5 percent to close at $6.50 on the news.

* Las Vegas Sands has moved one step closer to unloading part of the $10 billion in debt it took on by building a Chinese gambling hub in Macau by issuing...

Read More »

5 – Las Vegas Sands – NYSE:LVS

4 – MBIA – NYSE:MBI

3 – AIG – NYSE:AIG

2 – Manitowoc – NYSE:MTW

1 – Citigroup – NYSE:C

* Las Vegas Sands said it has secured commitments to raise up to $600 million through the sale of exchangeable bonds, on Wednesday. Shares of LVS rose 3.6 percent to $13.93 on the news.

* Bond insurer MBIA is the #4 stock after plunging for the second straight day Wednesday. Shares of MBI fell 4.9 percent to $5.83 on the NYSE. The stock is down about 14 percent in two days.

* AIG shares finished higher after a report the insurer was working to halve the fees paid to investment banks for initial public offerings. AIG climbed 5.4 percent to $37.95 on the news Wednesday.

* Shares of Manitowoc rose Wednesday after a Stern Agee analyst upgraded the construction and foodservice equipment maker's stock rating to "Buy" from "Neutral." MTW rose 2.8 percent to close at $6.34 on the news.

* Citigroup is the top stock on the LocateStock HIGH 5...

Read More »

5 – ACADIA Pharmaceuticals – NASDAQ:ACAD

4 – MBIA – NYSE:MBI

3 – Novavax – NASDAQ:NVAX

2 – Citigroup – NYSE:C

1 – Freddie Mac – NYSE:FRE

* Shares of Acadia Pharmaceuticals plunged Tuesday after the company said its drug candidate pimavanserin failed to meet key treatment goals in a late-stage study focusing on patients with Parkinson's disease psychosis. ACAD closed down 65.8 percent to $2.00 on the news.

* Bond insurer MBIA is the #4 stock after plunging on Tuesday. Shares of MBI fell 8.9 percent to $6.13 on the NYSE.

* Rodman & Renshaw downgraded Novavax Tuesday to market perform from market outperform. Shares of NVAX climbed 10.1 percent to $6.65 on the news.

* Piyush Gupta, Citigroup chief executive for Southeast Asia/Pacific has been lured to join DBS Group Holdings as its new chief executive. Citi fell 9.2 percent to $4.54 on the news Tuesday.

* Freddie Mac lost ground Tuesday despite stronger-than-expected data on pending U.S. home sales. Shares...

Read More »

5 – Sequenom – NASDAQ:SQNM

4 – AIG – NYSE:AIG

3 – Manitowoc – NYSE:MTW

2 – Fannie Mae – NYSE:FNM

1 – Freddie Mac – NYSE:FRE

* Shares of Sequenom shot up Monday amid speculations that the genetic analysis products maker may soon release positive results on its prenatal Down Syndrome test. SQNM closed up 21 percent to $6.39 on the Nasdaq.

* American International Group's former CEO Maurice "Hank" Greenberg and former CFO Howard Smith said on Monday they have agreed to resolve their various legal disputes in private arbitration. Shares of AIG closed down 9.8 percent to $45.33 on the NYSE.

* Manitowoc closed down more than 1 percent in what was its last day trading on the S&P 500 Index. The company will be replaced by CareFusion starting today, September 1. Shares of MTW closed the day down at $6.64 on Monday.

* Like AIG, Fannie Mae was on the decline on Monday. Shares of the government-backed lender closed down 5.4 percent to about $2.

* Like AIG and...

Read More »

5 – Banco Bradesco S.A. – NYSE:BBD

4 – Manitowoc – NYSE:MTW

3 – MBIA – NYSE:MBI

2 – AIG – NYSE:AIG

1 – Freddie Mac – NYSE:FRE

* Brazil's largest automobile insurer Porto Seguro recently said it ended talks with Banco Bradesco over a possible combination. Shares of BBD fell 1 percent to $16.48 in its debut on the HIGH 5.

* Today is Manitowoc's last day trading on the S&P 500 Index. The company will be replaced by CareFusion starting Tuesday, September 1 after its market capitalization slipped below $900 million. Shares of MTW fell .75 percent to $6.71 on Friday.

* MBIA is the #3 stock on the LocateStock HIGH 5 after falling 1.2 percent to $6.50 on Friday.

* According to Barron's August 31 edition, shares of insurance giant American International Group soared more than 50 percent last week and now look overpriced,.. Shares of AIG closed Friday up 5 percent to $50.23 on the NYSE.

* Freddie Mac rose Friday after a report that two Federal Reserve district...

Read More »

5 – Vonage – NYSE:VG

4 – Citigroup – NYSE:C

3 – Manitowoc – NYSE:MTW

2 – AIG – NYSE:AIG

1 – Freddie Mac – NYSE:FRE

* Shares of Vonage plummeted Thursday, a day after it saw its stock surge on growing consensus that the company would survive the recession. Shares of VG tumbled 8.3 percent to $1.99 on the NYSE.

* Citigroup rose Thursday on a report that closely watched hedge-fund manager John Paulson has been quietly buying the stock in recent weeks. Shares of C climbed 9.1 percent to $5.05 on the NYSE on Thursday.

* Foodservice equipment maker Manitowoc Co. will stop trading on the S&P 500 index on August 31. Shares of MTW rose 2.7 percent to $6.78 in one of its final days of trading on Thursday.

* Reuters reported Thursday that Robert Benmosche, AIG's new chief executive, has been reaching out to ex-CEO Maurice "Hank" Greenberg. Shares of AIG shot up 27 percent to $47.84 on that news.

* Freddie Mac along with Fannie Mae and AIG, the three financial...

Read More »

5 – AIG – NYSE:AIG

4 – Citigroup – NYSE:C

3 – Manulife Financial – NYSE:MFC

2 – AutoNation – NYSE:AN

1 – Freddie Mac – NYSE:FRE

* AIG along with Freddie Mac and Fannie Mae, the three financial groups taken over by the US government at the height of the financial crisis last year, have surged over the past three weeks, making them the most improved stocks on the New York Stock Exchange since early August. Case in point, shares of AIG shot up 11 percent to $37.69 on Wednesday.

* Citigroup shares fell Wednesday after data about the housing market conveyed that it has continued to stabilize. Shares of C fell 2.5 percent to $4.63 on the NYSE on Wednesday.

* Roy Jacobs & Associates announces that purchasers of Manulife Financial Corporation securities between March 28, 2008 and June 22, 2009 have only two weeks left to file for Lead Plaintiff. MFC tumbled 1.8 percent to $20.91 on Wednesday.

* The Transportation Department has extended the deadline for dealers to...

Read More »

5 – Novavax – NASDAQ:NVAX

4 – Goldman – NYSE:GS

3 – AIG – NYSE:AIG

2 – Manitowoc – NYSE:MTW

1 – Citigroup – NYSE:C

* Novavax is the first stock on the HIGH 5 this morning after new swine flu estimates Tuesday said up to 150 million Americans could get the virus. NVAX fell 2.1 percent to $5.10 on the news.

* The Wall Street Journal reported that Goldman Sachs sometimes shared trading tips with top clients before making the information widely available to all their customers. Shares of GS rose 1.5 percent to $164.94 on Tuesday.

* AIG is the #3 stock after the insurer recently won dismissal of a $1 billion lawsuit that claimed AIG shortchanged state workers' compensation pools. Shares of AIG climbed less than half a percent to $33.97 on Tuesday.

* Shares of Manitowoc tumbled Tuesday, a day after Standard & Poor's said the construction and foodservice equipment maker will be replaced on the S&P 500 index by medical technology company CareFusion Corp. MTW plunged...

Read More »

5 – AIG – NYSE:AIG

4 – Citigroup – NYSE:C

3 – Las Vegas Sands – NYSE:LVS

2 – MBIA – NYSE:MBI

1 – Continental Airlines – NYSE:CAL

* AIG is the first stock today after the insurer recently won dismissal of a $1 billion lawsuit that claimed AIG shortchanged state workers' compensation pools. Shares of AIG rose 3 percent to $33.85 on Monday.

* The risk-rewards ratio for Citigroup shares was thrown further off kilter Monday as the stock roared higher again, grazing the $5 mark. Citi has climbed more than 60% since the start of the quarter, when it was hovering near $3. Shares of C rose 2.6 percent to $4.82 on Monday.

* Las Vegas Sands is the #3 stock after a review of state lobbying records showed Monday that pro-gambling groups are ramping up their lobbying efforts in Massachusetts as lawmakers weigh whether to adopt slot machines, casino gambling, or a combination of both. Shares of LVS rose 1.4 percent to $14.18 on the news.

* MBIA is the #2 stock after Eric...

Read More »

5 – Sequenom– NASDAQ:SQNM

4 – Citigroup – NYSE:C

3 – AutoNation – NYSE:AN

2 – AIG – NYSE:AIG

1 – Las Vegas Sands – NYSE:LVS

* Sequenom is the first stock to jumpstart the HIGH 5 this Monday. Shares of SQNM fell 1.2 percent to $5 on the Nasdaq Friday. The stock is down more than 66 percent since the last time it was on the hit list in late April

* According to The Wall Street Journal on Friday, Citigroup is once again attempting to unload its Japanese call center. Shares of C rose 4.9 percent to $4.70 on Friday.

* AutoNation said Saturday it hit the brakes on the popular Cash for Clunkers program three days early because it wants to make sure it can submit the paperwork on thousands of sales to the government before a Monday evening deadline. Shares of AN rose just a fraction of a percent to $19.11 on Friday.

* Shares of AIG rose Friday after the insurer won dismissal of a $1 billion lawsuit that claimed AIG shortchanged state workers' compensation pools....

Read More »

5 – Novavax – NASDAQ:NVAX

4 – Citigroup – NYSE:C

3 – Aqua America – NYSE:WTR

2 – AutoNation – NYSE:AN

1 – AIG – NYSE:AIG

* Vaccine developer Novavax said its experimental vaccine against swine flu, produced in just weeks instead of months, works in animals. Shares of NVAX fell about 1 percent to $4.73 on Thursday.

* Citigroup was the top performer among bank stocks after word it would begin charging annual fees on some of its credit cards in order to counterbalance the effects of new legislation that will likely increase costs and hurt profits. Shares of C rocketed 8.5 percent to $4.50 yesterday.

* Water and wastewater utility Aqua America recently bought New Jersey-based Lawrenceville Water in a stock transaction valued at $2.9 million, plus $400,000 in assumed debt. Shares of WTR rose 1.7 percent to $17.42 in their debut on the HIGH 5.

* AutoNation CEO Michael J. Jackson told CNBC Wednesday the government owes his company about $45 million in rebates from...

Read More »


Author:Daily High 5 BloggerCreated:10/22/2009 8:45 AM
The daily HIGH 5 stocks are determined by LocateStock's proprietary, internal algorithmic calculators. The result is five securities that are the most sought after to borrow, and have proven to be the hottest stocks to short that day. The HIGH 5 is a daily financial news show on Uba TV that highlights stock inventory that is available for short sellers to legally borrow and stay in compliance with Regulation SHO.