Welcome to Stocks in the News, where the headline meets the trendline.
Stock number one: Rockwood Holdings
And he headline says: Rockwood to From Venture With Tianqi for Lithium Unit- Bloomberg:
Rockwood Holdings Inc. (ROC), the world’s largest producer of lithium products, agreed to form a joint venture with China’s Chengdu Tianqi Industry Group Co. that will give it a stake in Tianqi’s Australian mining unit.
Rockwood will take a 49 percent stake in a venture controlling Talison Lithium Pty Ltd., with Tianqui holding the other 51 percent, Princeton, New Jersey-based Rockwood said today in a statement.
Symbol: ROC
Dividend: 2.7%
Forward PE: 36; Trailing PE: 5- estimates likely to be revised on the deal.
Estimate Trend: Downward
Ransom Note Trendline: Avoid Rockwood Holdings

Stock number two: ZOOM Technologies, Inc.
And the headline says: ZOOM TECHNOLOGIES INC Financials- Edgar Online Financials
On November 19, 2013, an email transmitted to the Company by Marcum Bernstein & Pinchuk LLP ("Marcum"), the Company's independent registered public accounting firm, indicated that the Company's previously issued unaudited financial statements for the period ended September 30, 2013 could not be relied on because they were not reviewed by an independent registered public accounting firm in accordance with Statement on Auditing Standards No. 100, Interim Financial Information ("SAS 100"). On November 19, 2013, the Company accidentally authorized filing of the form 10-Q for the period ended September 30, 2013 (the "Original 10-Q") prior to completion of the review by Marcum.
Recommended
Symbol: ZOOM
Dividend: N/A
Forward PE: None; Trailing PE: None
Estimate Trend: None
Ransom Note Trendline: Avoid Zoom

Stock number three: J. C. Penney Company, Inc.
And the headline says: The 5 most interesting stock stories right now- CNBC
I know. You're probably getting tired of hearing about JCPenney. There are times I get tired of talking about it. But what can you say about a stock that is both the worst performer in the S&P 500 this year and the best performer in the S&P 500 in November?
Plus, this is the make-or-break month for the retailer. Everybody is watching new/old CEO Mike Ullman's turnaround plan closely. At least part of the stock's recent run is on holiday optimism. If Penney can post solid comps in December, watch out to the upside.
Symbol: JCP
Dividend: N/A
Forward PE: None; Trailing PE: None
Estimate Trend: Upward
Ransom Note Trendline: Sell JC Penny

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