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  • Stocks to Watch Today | LTBR | RIMM | DELL | SUF | GOOG | BBBY |

    Hot stocks
    Thursday June 24th, 2010, 6:45 am EST

    Hot Stocks to Watch  Thursday 06/24/2010 -  LTBR, RIMM, DELL, SUF, GOOG

    Dear Traders,

    Hot stocks to watch on Thursday 06/24/2010  are
    LTBR - Lightbridge Corporation.
    RIMM - Research in Motion Ltd.
    DELL - Dell Inc.
    SUF - SulphCo Inc.
    GOOG - Google Inc.

    LTBR - Lightbridge Corporation (NASDAQ:LTBR) was up 60% on Wednesday on announcement of major technological breakthrough that has the potential to transform the nuclear power industry. Lightbridge corporation gained 10% in After hours and is expected to continue the rise today.
    Lightbridge Invents New Transformational Nuclear Fuel Technology
    Lightbridge Corporation (LTBR 9.49, +3.58, +60.58%) , the leading developer of non-proliferative nuclear fuel technology and provider of comprehensive advisory services for civil nuclear energy programs, today announced a major technological breakthrough that has the potential to transform the nuclear power industry
    Source : MarketWatch 

    DELL - Dell Inc. (DELL) said that it is expecting fiscal year 2011 revenue to increase around 14%-19% from $52.9 billion in 2010 while adjusted operating income will increase by 18%-23% on year by year. In 2010,  DELL reported an overall income of $1.43 billion. Dell announced the figures ahead of its annual meeting scheduled for Thursday morning.
    Dell's 2011 forecast meets Street view, margins eyed
    Dell Inc (DELL.O) forecast a 14 to 19 percent jump in fiscal 2011 revenue as consumer and corporate spending returns, matching Wall Street's expectations, but investors are focusing on whether the world's No. 3 PC maker can sustain margins.
    Source : Reuters   

    SUF - SulphCo, Inc. (AMEX:SUF) gained more than 55% to $0.44 during intra-day with a strong volume of 9.08 million shares traded on announcement of validation agreement with Enterprise Products Operating LLC, a wholly owned subsidiary of Enterprise Products Partners L.P. Shares closed at $0.35 at about 29% gains. There are good chances of gains again Thursday.
    SulphCo Announces Validation Agreement With Enterprise Products Operating LLC
    SulphCo, Inc. (NYSE-Amex:SUF), a technology company with a patented ultrasound process designed to desulfurize crude oil products and crude oil, announced today that it recently executed a validation agreement (the "Validation Agreement") with Enterprise Products Operating LLC ("Enterprise"), a wholly owned subsidiary of Enterprise Products Partners L.P.
    Source : MarketWatch

    GOOG - A big relief for Google Inc. (GOOG) after the court ruled judgement in the favor of Google in courtroom Battle with Viacom Inc. (VIA). Viacom had sued Google earlier for infringement of its copyright in  Youtube and asked for $1 billion as damages.
    Judge rebuffs Viacom in YouTube copyright case
    U.S. District Judge Louis Stanton in New York sided with Google Wednesday as he rebuffed Viacom's attempt to collect more than $1 billion in damages for YouTube's alleged copyright infringement during its first two years of existence.
    Source : Associated Press

    RIMM - Research in Motion (RIMM) , the maker of the Blackberry, is expected to report earnings of $1.33 a share for the first quarter of 2011. It is also expected that the company will launch a competitor to the iPhone in near future.

    BBBY - Bed, Bath & Beyond Inc. (BBBY) issued a quarterly forecast that fell short of Wall Street's expectations. Net income for the first quarter was $137.6 million, or 52 cents a share.

    Work smart Today to enjoy your Tomorrow.

    God Bless,
    Be Rich.

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