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Bemis Ups Guidance
Bemis Company Inc. (BMS) said it now expects second quarter earnings of approximately $0.50 per share, excluding items of $0.03 per share. The company’s previous guidance was earnings of $0.35 to $0.43 per share and the current consensus earnings estimate is $0.41 per share for the quarter ending June 30, 2009. The company also said it expects 2009 earnings of $1.68 to $1.75 per share. The company’s previous guidance was earnings of $1.50 to $1.70 per share and the current consensus earnings estimate is $1.60 per share for the year ending December 31, 2009.

Lubrizol to Beat Estimates
Lubrizol Corporation (LZ) said it expects second quarter earnings of approximately $2.02 per share, excluding charges of $0.10 per share. The current consensus earnings estimate is $1.21 per share for the quarter ending June 30, 2009.

Fifth Street Finance Guides Above Estimates
Fifth Street Finance Corp. (FSC) said it expects third quarter net investment income of $0.34 to $0.36 per share. The current consensus earnings estimate is $0.33 per share for the quarter ending June 30, 2009.

Schawk Reaffirms Above Estimates
Schawk Inc. (SGK) said it continues to expect 2009 revenue of $440.0 million to $450.0 million. The current consensus estimate is revenue of $435.6 million for the year ending December 31, 2009.

Xilinx Guides Inline
Xilinx Inc. (XLNX) said it expects second quarter revenue of $383.8 million to $398.8 million. The current consensus estimate isrevenue of $386.4 million for the quarter ending September 30, 2009.

Campbell Soup Reaffirms Above Estimates
Campbell Soup Company (CPB) said it continues to expect fiscal 2009 earnings to exceed its earlier guidance range of $2.19 to $2.24 per share. The current consensus earnings estimate is $2.16 per share for the year ending July 31, 2009.

Abbott Labs Guides Inline
Abbott Laboratories (ABT) said it expects third quarter earnings of $0.88 to $0.90 per share and continues to expect 2009 earnings of $3.65 to $3.70 per share. The current consensus earnings estimate is $0.90 per share for the quarter ending September 30, 2009 and earnings of $3.69 per share for the year ending December 31, 2009.

Wolverine World Wide Raises Guidance, but Remains Inline with Estimates
Wolverine World Wide Inc. (WWW) said it now expects 2009 earnings of $1.55 to $1.73 per share on revenue of $1.12 billion to $1.17 billion. The company’s previous guidance was earnins of $1.50 to $1.70 per share and the current consensus earnings estimate is $1.66 per share on revenue of $1.12 billion for the year ending December 31, 2009.

AM $13.50 -> Has been on an uptrend ever since its positive earnings release spiking from 6$ to now 13.50$. No play here until we see some serious selling, though RSI points to overbought levels.

APWR $8.80 -> APWR got a big contract recently which let to it spiking from 7.20 to 8.40. However it finds alot of resistance below $9.00. If it can break out if that resistance it has room to run up alot. Potential buy on break of $9.00

DAN $2.14 -> DAN has almost doubled in a week. How long can this crappy auto retailer go up ? Every pump has been eventually sold into. I see nothing different this time too. Potential short on selling activity.

BGP $3.90 -> BGP faces stiff resistance at $4.00 but bounced off nicely from the 50 dma which is now a solid support line.

USU $6.16 -> Big pop followed by another up day, but with declining volume. Eventually sellers will step in. Wait for reversal. Keep watching.

VHI $9.61 -> Another one of those stocks that pumped higher on short sequeeze. Big pop followed by another green day. However volume is fading and will be potential short on any selling activity.

CAST $6.94 -> Struggles to keep above $7.00 and critical $7.50 resistance. Breakout above $7.50, but short below $7.00

XRTX $6.33 -> Broke out and looks ready for more gain. Short only below break down of $6.00 otherwise potential buy.

TRGT $7.09 -> Up 130% for the day. No trade, keep watching to see follow up day.