Thread: Swing-Trading.com Stock Picks for Jan 16, 09

(VIVO) - short
Meridian sees Q1 below estimates. Co lowers FY09 revs to $151-156 mln vs $159.4 mln consensus, down from $157-160 and reaffirms EPS of $0.86-0.90 vs $0.89 consensus. Co issues downside Q1 guidance; co sees Q1 EPS of $0.20 vs $0.22 consensus, revs of $34.3 mln vs $38.1 mln consensus.

(STBA) - short
S & T Bancorp delays scheduled earnings. Co announced that it will delay the previously scheduled 2008 Earnings Release of January 19, 2009 and Earnings Conference call of January 20, 2009. Co notes that on January 14, STBA employees discovered a misappropriation of construction funds by one customer involving at least three loans totaling $6.8 million.

(DNA) - short
Genentech forecast disappoints. Co issues downside guidance for FY09, sees EPS of $3.55-3.90, ex-items vs. $3.92 consensus.

(KALU) - short
Kaiser Aluminum expects 4th-qtr loss on charges.

(AGU) - short
Agrium announced that it expects to record a write-down in Retail in Q4 of 2008 of ~$96-mln ($0.41 diluted EPS).

Excellent picks thanks for letting us know!