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Author Topic: Swing-Trading.com Stock Picks for Jan 14, 09  (Read 732 times)

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swingtradingcom

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Swing-Trading.com Stock Picks for Jan 14, 09
« on: January 14, 2009, 07:34:28 AM »
(BG) - short
Bunge Ltd the world's largest oil seed processor, warned that its 2008 profit will miss its previous forecast after the global economic crisis dampened demand more than expected.

(CLF) - short
Cliffs Natural Resources said its earnings will be lower by approx $50 mln.

(LLTC) - short
Linear Tech issues downside guidance for Q3, sees revs down 15-20%, which equates to $199 -211 mln vs. $237 mln consensus.

(STSA) - short
Sterling Financial anticipates that it will report a net loss for Q4 and FY08, well below First Call consensus; Co also suspends dividend.

(FNB) - short
F.N.B. Corp said it expects to post a fourth-quarter loss, weighed down by higher provision for bad loans and non-cash impairment charges.

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