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Ticker Shock: Monster, Sysco, Boeing Go Up; Ryanair Comes Down


Monday's top stories and stocks with potential to move.


I hope everyone had a great weekend - and that you didn't eat as much Halloween candy as I did.

Asia is showing me some green on this fine Monday morning: The Hang Seng was up north of 5%. Europe is a mixed bag. The Dow, at least right now, is trading higher.

Monster Worldwide (MNST)
At the end of my Friday commentary on Monster's third-quarter results, I asked where all the insider activity was. (The data revealed that senior execs weren't exactly buying the stock in droves.)

However, soon after my column appeared, I received an email offering up the company's conference call information, in which Monster CEO Sal Ianuzzi said that he would be buying $1 million in Monster shares; CFO Tim Yates is on deck to buy $500,000 worth. In addition, "the executive management team will take a 2008 short-term incentive compensation in shares instead of cash," and Monster's compensation committee "approved a special-incentive equity program for senior executives which is 100% performance based."

In any case, folks, I wanted to update the story, because I think this news deserves some attention. These gentleman seem quite bullish on the company and its prospects. After all, why else would they want to plunk down that kind of dough?

You've got my attention, Monster.

Boeing (BA)
Some good news this past weekend: Machinists are apparently putting down their picket signs and getting back to work. This is a relief after a nearly 2-month strike, which cost Boeing as much as $100 million per day.

I think this is good news, but I don't know whether or not it will have a positive impact on the share price in today's session. I think many suspected the parties would come to some sort of agreement sooner rather than later. So I'd be reluctant to trade on this news.

That said, long-term, I do believe that Boeing is a terrific play. Its huge footprint, reputation and aircraft selection are huge plusses in spite of the near-term outlook for air carriers.
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No positions in stocks mentioned.

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