The LocateStock.com HIGH FIVE for Friday, February 1st are:
4 –
3 – Ambac – NYSE:ABK
2 – MBIA – NYSE:MBI
1 – Arthrocare – NASDAQ:ARTC
* On Thursday IHOP announced they will have their fourth-quarter earnings call tomorrow at 11:00 am Eastern. Shares of IHOP surged $5.55 or 11.64% to $53.24 after losing 2% the previous day.
Alliance Data Systems Corporation, (NYSE:ADS) together with its subsidiaries, provides transaction, marketing, and credit services in the
* Shares of Alliance Data Systems climbed in pre-market electronic trading Thursday after the company reported solid fourth-quarter results and gave a 2008 profit forecast that met Wall Street expectations, leading to a slew of analyst upgrades.
Ambac Financial Group, Inc., (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services.
* Ambac Financial bounced higher on MBIA news that the bond insurer has more than $1 billion to stay afloat. Shares of ABK were up 74 cents or 6.82% to $11.59 after losing almost 20% this week, and rising 86% last week.
MBIA, Inc., (NYSE:MBI) through its subsidiaries, provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers and investors, and capital market participants worldwide. It operates through two segments, Insurance and Investment Management Services.
* MBIA eventually fought its way into the green on Thursday after saying in a conference call that it has enough cash to stay afloat -- more than $1.3 billion, all told, according to MarketWatch -- despite the currently harrowing market conditions. Earlier, shares had tumbled after MBIA revealed it took a fourth-quarter loss of $2.3 billion, or $18.61 a share thanks to risky investments in second-lien mortgages and collateralized debt obligations squared (CDOs backed by other CDOs). That reverses a year-ago profit of $1.32 a share. Regardless, MBIA stock ended the day up $1.54 or 11.03% to $15.50. Shares added 66% the previous week.
ArthroCare Corporation (NASDAQ:ARTC) engages in the design, development, manufacture, and marketing of medical devices for use in soft-tissue surgery primarily in the
CONTACT: pressrelease@locatestock.com / 201-332-6800
SOURCE: Locate Stock, Inc.

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