Catalyst Corner | E-Blast | Thursday, June 24th
"When you're finished changing, you're finished." - Benjamin Franklin
 

In The News

- US Stocks Open Lower
- Hundreds in line as iPhone 4 goes on sale
- Jobless Claims in US Decrease by 19000 to 457000
- Weak aircraft orders drag down sector; ex-transportation up 0.9%
- Discover Posts 14% Profit Gain

Corporate Highlights

-Reliance Pays $1.3 Billion for Pioneer Shale Asset
-Court Approves Luby’s Bid to Buy Fuddruckers
-AXA Sells U.K. Units to Resolution for $4.1 Billion
-For American Companies, a European Shopping List
-A Rise in M.&A. Activity Is Seen in the Near Future
-F.C.C. Clears Sale of Verizon Assets to AT&T

Pair Trade of the Day

Long DELL, Short SPY
Dell said yesterday it expects solid growth for the year driven by the refresh of PCs in commercial and public segments coupled with the company’s expanding abilities to provide open, capable and affordable enterprise solutions.

The company expects revenue for Fiscal 2011 will increase 14 to 19 percent over Fiscal 2010. Dell also said it expects that non-GAAP operating income will increase by 18 to 23 percent over Fiscal 2010 and cash flow from operations will be greater than net income for the current year.

The outlook was provided ahead of Dell’s annual meeting for securities analysts, scheduled for 8 a.m. CDT Thursday. The event will be webcast live and archived along with presentation materials at www.dell.com/investor. Click to view this pair.

About the Pair Tool
Our proprietary Pair Tool allows users to automatically compare fundamental data while displaying graphically historical trading relationships between any two US publicly traded securities a member selects.

Our Focus List

Our focus list contains companies with significant pending catalysts. Click the company name for additional information.

- KXLAF.PK (Kodiak Exploration Ltd.)
- CERP (Cereplast, Inc.)
- OGR.CN (Oro Gold Resources Ltd.)
- ACFN (Acorn Energy, Inc.)
- JUHL (Juhl Wind, Inc.)
- DBLE (Double Eagle Petroleum)

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