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ATPG, HSIC, MGA, GDP, THOR, ABK Expected To Be Lower After Earnings Releases on Wednesday


Published on 2009-10-31 11:12:00, Last Modified on 2010-12-22 17:28:15 - WOPRAI
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November 2, 2009 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Wednesday, November 4th and determining how the stocks have performed after their last 12 quarterly, 6 quarterly and November earnings reports. ATP Oil and Gas (NASDAQ: ATPG), Henry Schein (NASDAQ: HSIC), Magna International (NYSE: MGA), Goodrich Petroleum (NYSE: GDP), Thoratec Corp (NASDAQ: THOR) and Ambac Financial Group (NYSE: ABK) are all expected to be lower after their earnings are released Wednesday. The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The following stocks are expected to go lower after earnings are released Wednesday:

Symbol Company # of Reports Quarter Release Time

ATPG ATP Oil & Gas Corp November earnings Q3 After

HSIC Henry Schein Inc 12 quarters Q3 Before

MGA Magna International 12 quarters Q3 Before

GDP Goodrich Petroleum Corp November earnings Q3 After

THOR Thoratec Corporation 12 quarters Q3 After

ABK Ambac Financial Group 12 quarters Q3 Before

Earnings, or profits, drive stock prices. The market values a company based on its current and anticipated future ability to make money. The market takes the earnings pulse of a company four times per year when quarterly reports are issued. When this information is released it can often be a trend-changing or a trend confirming event because the information is so vital to the market's perception of the vitality of that company.

This technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history of earnings releases for that company. It combines a calendar of expected earnings releases with a history of past earnings releases in a way that lets you see if a pattern exists.

ATP Oil & Gas Corporation (NASDAQ: ATPG) engages in the acquisition, development, and production of oil and natural gas properties in the Gulf of Mexico, the United Kingdom, and Dutch Sectors of the North Sea. As of December 31, 2008, the company had leasehold and other interests in 77 offshore blocks, 41 platforms, and 129 wells, including 22 subsea wells in the Gulf of Mexico; and interests in 10 blocks and 3 company-operated subsea wells in the North Sea. It had estimated net proved reserves of 713.6 billion cubic feet equivalent, of which approximately 449.6 billion cubic feet equivalent were in the Gulf of Mexico and 264.0 billion cubic feet equivalent were in the North Sea. These reserves were comprised 321.7 billion cubic feet of natural gas and 65.3 million barrels of crude oil. The company was founded in 1991 and is based in Houston, Texas.

Henry Schein, Inc. (NASDAQ: HSIC) distributes healthcare products and services primarily to office-based healthcare practitioners in the North American and European markets. The company operates through two segments, Healthcare Distribution and Technology. The Healthcare Distribution segment offers consumable dental products, dental laboratory products, and small equipment, including X-ray products, infection-control products, handpieces, preventatives, impression materials, composites, anesthetics, teeth, dental implants, gypsum, acrylics, articulators, and abrasives; large dental equipment, such as dental chairs, delivery units and lights, X-ray equipment, equipment repair, and high-tech equipment; medical products, including branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, X-ray products, equipment, and vitamins; and animal health products, such as branded and generic pharmaceuticals, surgical and consumable products, and small equipment. The Technology segment offers software and related products, and value-added products that primarily include practice-management software systems for dental and medical practitioners and animal health clinics; and financial services and continuing education services for practitioners. It primarily serves dental practitioners and laboratories, physician practices, and animal health clinics, as well as government and other institutions. The company has operations in the United States, Australia, Austria, Belgium, Canada, the People's Republic of China, the Czech Republic, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, New Zealand, Portugal, Slovakia, Spain, Switzerland, the United Kingdom, Iceland, Israel, Saudi Arabia, and the United Arab Emirates. Henry Schein, Inc. was founded in 1992 and is headquartered in Melville, New York.

Magna International Inc. (NYSE: MGA) operates as a diversified automotive supplier. The company designs, develops, and manufactures automotive systems, assemblies, and modules and components, as well as engineers and assembles vehicles primarily for sale to original equipment manufacturers of cars and light trucks. Its product portfolio includes automotive interior, seating, closure, body and chassis, vision, electronic, exterior, powertrain, and roof systems. Magna International operates in North America, Europe, Asia, South America, and Africa. The company was formerly known as Magna Electronics Corporation Limited and changed its name to Magna International Inc. in January 1973. Magna International was founded in 1957 and is based in Aurora, Canada.

Goodrich Petroleum Corporation (NYSE: GDP) engages in the exploration, exploitation, development, and production of oil and natural gas properties in the Cotton Valley trend and Haynesville Shale play of East Texas and Northwest Louisiana. The company offers drilling activities and holds interests in various areas, including primarily North Minden, Dirgin-Beckville, Angelina River, South Henderson, Bethany-Longstreet, Longwood, and Caddo Pine Island. As of December 31, 2008, it had estimated proved reserves of approximately 390.4 billion cubic feet of natural gas and 1.9 million barrels of oil and condensate. It owned working interests in 414 active oil and gas wells located in 30 fields in six states. Goodrich Petroleum Corporation was founded in 1970 and is based in Houston, Texas.

Thoratec Corporation (NASDAQ: THOR), together with its subsidiaries, engages in the development, manufacture, and marketing of proprietary medical devices used for circulatory support. It operates in two divisions, Cardiovascular and International Technidyne Corporation (ITC). The Cardiovascular division offers medical devices used for mechanical circulatory support. Its products include Paracorporeal Ventricular Assist Device, an external ventricular assist device for short to mid-term cardiac support; Implantable Ventricular Assist Device, an implantable blood pump approved for both bridge-to-transplantation and post-cardiotomy myocardial recovery; HeartMate XVE, an implantable device for mid to long-term cardiac support for those patients ineligible for heart transplantation; HeartMate II, an implantable device consisting of a miniature rotary blood pump to provide long-term support; CentriMag to provide support for up to six hours for patients suffering from severe, potentially reversible cardiac failure; and Vectra Vascular Access Graft designed for use as a shunt between an artery and a vein. The ITC division provides point-of-care products, including diagnostic test systems that monitor blood coagulation, as well as monitor blood gas/electrolyte, oxygenation, and chemistry status, including total hemoglobin. This division also offers incision products to obtain patienta�s blood sample for diagnostic testing and screening for platelet function. The company sells its products to the hospital point-of-care market; and the alternate site point-of-care market comprising physiciana�s offices, long-term care facilities, clinics, visiting nurse associations, and home healthcare companies through direct sales force and distributors in the United States and internationally. Thoratec was founded in 1976 and is headquartered in Pleasanton, California.

Ambac Financial Group, Inc. (NYSE: ABK), through its subsidiaries, provides financial guarantees and financial services to clients in the public and private sectors worldwide. The company operates through two segments, Financial Guarantee and Financial Services. The Financial Guarantee segment provides financial guarantee insurance and other credit enhancement products in the U.S. public finance market, the U.S. structured finance and asset-backed market, and the international finance market. The Financial Services segment manages interest rate swap and investment agreement run off businesses for municipalities and other public entities, health care organizations, investor-owned utilities, and asset-backed issuers. Ambac Financial Group was founded in 1971 and is headquartered in New York, New York.

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