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Wednesday, January 11, 2012

Stock Alert - YOKU, SVU, CMC, LEDS- 1/10/12

Youku.com (YOKU) signs a content deal with Twentieth Century Fox to bring 250 new titles into its library of films. The firm says the new films will begin appearing on its premium channel this month, just ahead of the Chinese New Year. Shares +9.2 premarket. 

SuperValu (SVU): FQ3 EPS of $0.24 misses by $0.01. Revenue of $8.3B (-4.3% Y/Y) misses by $120M. Shares -4.6%  

Bloomberg reports Carl Icahn has ended his attempt to purchase Commercial Metals (CMC). Shares -10.5% premarket. 

SemiLEDs (LEDS): FQ1adj. EPS of -$0.26 beats by $0.02. Revenue of $6.7M (-48.5% Y/Y) beats by $0.4M.

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