Thursday’s Hot Stock Alert: CIEN, FRE, C, AKNS, CVX, MSFT, UL, SFD, FACT, DG, COST, APC, LLY, GIL, ROK

CIEN, FRE, C, AKNS, CVX, MSFT, UL, SFD, FACT, DG, COST, APC, LLY, GIL, ROK

 

Ciena Corp. (NASDAQ: CIEN) Ciena shares down on wider-than-expected Q4 loss; sales managed to top Wall Street estimates

 

Freddie Mac (NYSE: FRE) Freddie Mac says 30-year fixed-rate mortgage average climbed to 4.81%, average was 0.7 point for the week ending Dec. 10

 

Citigroup Inc. (NYSE: C) Citigroup shares jump on reports that it plans to pay back TARP with capital raised through equity offering

 

Akeena Solar Inc. (NASDAQ: AKNS) Akeena Solar announces Andalay AC solar panels are now available at Lowe’s Home Improvement Stores

 

Chevron Corp. (NYSE: CVX) Chevron cuts 2010 spending by 5%; spending program to be dominated by oil and gas exploration projects

 

Microsoft Corp. (NASDAQ: MSFT) Microsoft announces a flexible licensing program for its Extended File Allocation Table (exFAT) technology

 

Unilever plc (ADR) (NYSE: UL) Unilever says CFO Jim Lawrence will step down at year-end

 

Smithfield Foods Inc. (NYSE: SFD) Smithfield posts its fourth straight quarterly loss

 

Facet Biotech Corp. (NASDAQ: FACT) Facet board rejects Biogen Idec’s revised tender offer of $17.50 per share

 

Dollar General Corp. (NYSE: DG) Dollar General swings to a Q3 profit of $75.6 million, or 24 cents/share

 

Costco Wholesale Corp. (NASDAQ: COST) Costco Wholesale shares up on Q1 FY2010 operating results

 

Anadarko Petroleum Corp. (NYSE: APC) Anadarko Petroleum announces its fifth deepwater discovery in the Gulf of Mexico this year

 

Eli Lilly & Co. (NYSE: LLY) Eli Lilly’s 2010 earnings forecast is in-line with analysts’ view

 

Gildan Activewear Inc. (USA) (NYSE: GIL) Gildan Activewear posts better-than-expected Q4 earnings; sees positive free cash to continue in fiscal 2010

 

Rockwell Automation (NYSE: ROK) Rockwell Automation reaffirms fiscal 2010 revenue and EPS guidance

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