Posts Tagged ‘today’

New 52 Week Highs : MSFT, AAPL, HD & AXP

Posted by Michael on April 23rd, 2010

MicrosoftSome big name stocks set new 52 week highs today. Here are some of the stocks that were able to set new highs to head into the weekend:

  • Microsoft (MSFT) : Tech giant Microsoft set a new 52 week high today, trading up to $31.58 before closing the trading session down 1.4% on the day to $30.96, down $0.43. The company posted better than expected fiscal Q3 earnings last night following the market close.
  • Apple Computer (AAPL) : Apple continues to trade strongly following better than expected earnings earlier this week. The stock hit a new all time high today of $272.18. The stock finished out the session up 1.6% to $270.83, up $4.36.
  • Home Depot (HD) : Home improvement giant Home Depot set a new 52 week high today. The stock traded as high as $36.44 and closed the session just under its daily high at $36.39, up $0.67 or 1.9%. Home Depot will not be reporting its earnings until mid May.
  • American Express (AXP) : Financial giant American Express set a new 52 week high today of $49.19. The stock closed the day up 2.7% at $48.05, up $1.28. The company posted better than expected earnings Thursday night, reporting $0.73 per share, verses analyst estimates for $0.63.

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Xerox Soars Following Strong Q1 Earnings

Posted by Michael on April 23rd, 2010

xeroxShares of Xerox (XRX) are soaring today, and set a new 52 week high today after posting better than expected first quarter numbers.

Going into this mornings earnings report, analysts were forecasting $0.15 per share, verses $0.05 during the same period last year.

Actual earnings came in well above estimates, at $0.18 per share excluding special items.

Revenues were up by 33% during the quarter to $4.7 billion. Analysts had forecast revenues of $4.79 billion.

Looking ahead Xerox stated that it expects to earn 20 to 22 cents for its second quarter, above Wall Street estimates of $0.18.

The stock is trading up 10.2% today to $11.52, up $1.07.

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Posted in Earnings, Good News, Major Moves, New Highs Tags: , , , , , , , , , , , , , , No Comments »

Broker Upgrades : YHOO, JCG & MCD

Posted by Michael on April 22nd, 2010

yahoo-logoSome big names got upgraded this morning. Here are a couple of the stocks that were upgraded today:

  • Yahoo (YHOO) : Yahoo was upgraded this morning by EVA Dimensions, LLC to Hold from Underweight. The stock is trading up 0.7% following the upgrade to $17.58, up $0.13
  • J. Crew Group, Inc. (JCG) : The stock was upgraded today by EVA Dimensions, LLC today to Overweight from Hold. The stock is trading up 2.0% to $47.83, up $0.96.
  • McDonald’s Corp. (MCD) : McDonald’s was upgraded today by Credit Suisse to Outperform from Neutral. The stock is trading up 0.4% on the day to $70.62, up $0.26.

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Stock Upgrades : XOM, DELL, KR

Posted by Michael on April 16th, 2010

exxon-logoA couple of big name stocks picked up broker upgrades today. Here are a few of the companies that were upgraded this morning:

  • Exxon Mobil (XOM) : Exxon was upgraded by Raymond James today to Outperform from Market Perform
  • Dell Computer (DELL) : Dell was upgraded by Robert W. Baird & Co. to Outperform from Neutral
  • Kroger (KR) : Kroger was upgraded by EVA Dimensions, LLC today to Buy from Overweight

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Some big names hit new 52 week highs today: F, MSFT, AUY

Posted by Michael on November 18th, 2009

tradersAll of the major indexes closed today’s session in the red, but that was not enough to keep some big name stocks from hitting new highs in today’s trading action.

Ford Motor (NYSE: F) hit a new 52 week high today of 9.14 before afternoon profit taking came in and pushed shares lower. The stock has been very strong lately, and recently was considered to be the stock of the year from the writers of CrossingWallStreet. Shares finished the day down slightly at $8.94, down 0.45%.

Technology giant Microsoft (NASDAQ: MSFT) also rose to a new 52 week high today. Shares of the company hit a day today of $30.14. Shares of MSFT finished today trading session up 0.4% to $30.11, just three pennies off its new 52 week high.

Gold prices continue to rise, and Yamaha Gold (NYSE: AUY) has been benefiting from the recent gold rush, setting a new 52 week high earlier in the session at 13.49. After hitting another new high today, the profit takers came in and sold the stock off a bit, which ended the day slightly lower at $13.15, down 0.23%. Gold prices rose as high as 1146.5 but closed down 70 cents to 1,140.5.

What are your favorite stocks right now? Which stocks do you see rising to new highs in the near future?

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Posted in After the Bell, Energy, Gold, Good News, Technology Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , No Comments »

Retail Earnings Previews: Gamestop (GME), Sears Holding (SHLD) and Gap (GPS)

Posted by Michael on November 18th, 2009

wall-streetWe have three big name stocks due to report earnings tomorrow. Here is a quick glance at what Wall Street is expecting to see.

1. Gamestop (NYSE: GME): The video game retailer is due to report its third quarter numbers tomorrow morning before the opening bell. Analysts are expecting the company to show earnings of 30 cents per share. For the same period last year, the company had earnings of 34 cents per share. The stock is trading up 0.6% on the day.

2. Sears Holding (NASDAQ: SHLD): The retailer is going to be reporting its third quarter numbers tomorrow, and analysts are expecting to see a loss of $1.09. For the same period last year the company had a loss of 90 cents a share. The stock is trading down 1.2% on the day. The company will be reporting its numbers before the market opens.

3. Gap Inc. (NYSE: GPS): The clothing retailer is going to be reporting its third quarter results tomorrow, and Wall Street is looking to see the company show 44 cents per share. For the same period last year the Gap had earnings of 35 cents per share. The stock is trading down 0.8% in today’s market.

A big day for retailers, and will give us a better view of just how strong the current recovery actually is.

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Posted in After the Bell, Before the Bell, Earnings, Forecasts, Retailers Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , No Comments »

Strong earnings send market higher

Posted by Michael on November 13th, 2009

All of the major index’s were higher today, following a strong round of earnings report this morning.

The DOW closed the day up 0.7%, NASDAQ up 0.8% and the S&P rose 0.5%.

Walt Disney (NYSE: DIS) reported fiscal fourth quarter earnings last night following the market close, and easily outpaced analyst estimates. Analysts had been expecting to see the company report 41 cents per share, but the actual report was much higher at 46 cents per share.

Retailer J.C. Penny (NYSE: JCP) reported third quarter earnings this morning that fell a penny short of analyst estimates, but fell in the upper range of the company’s earlier earnings forecast.

DIS stock traded up 4.8% on the day, while JCP gained 6.2% on the day.

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Market lower on weak new home sales

Posted by Michael on October 28th, 2009

tradersThe markets are trading in the red today, being pulled down by investor concern over the most recent data regarding the housing market.

According to the Commerce Department this morning, September sales of new homes dropped by 3.6%. September’s annual rate was 402,000 units, which was below the expected 440,000 annual units.

The average price for a new home was also lower, falling 9.1 percent on a year-over-year basis to $204,800. On the bright side, that is up 2.5 percent from August.

The housing market has been rebounding a bit lately, but things could turn around quickly should the current $8,000 tax incentive expire at the end of next month. It has been given credit for helping boost sales, but analysts are worried what will happen if Congress does not extend the program.

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Some big names set new highs today (AMZN, RSH, MS, TJX)

Posted by Michael on October 26th, 2009

tradersThe market ended the day in the red, but several companies went against the trend and rose to new 52 week highs today.

Amazon (NASDAQ: AMZN) rose to a new 52 week high today of $125.68 and ended the session up 5.2% to 124.6399. The company is still riding high on last week’s solid earnings report. The company was expected to show earnings of 33 cents per share, but came in with a reported 45 cents.

RadioShack (NYSE: RSH) soared after posting strong third quarter earnings this morning. The stock finished the day up 15.9% on solid third quarter earnings, during which it earned 30 cents per share.

Morgan Stanley (NYSE: MS) ended the day in the red, but traded up to a new 52 week high earlier in the session of $35.78. The stock closed the day down 0.5% at $34.80.

TJX Companies (NYSE: TJX) started the week off strong, rising to a new 52 week high today of $40.64. The stock is moving higher following a report from Barron’s last week which estimated the stock could easily see another 15% price jump.

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Google (GOOG) to take aim at Apple (AAPL)’s iTunes

Posted by Michael on October 21st, 2009

googleGoogle (NYSE: GOOG) has not confirmed the details just yet, but it appears all but certain that the search engine giant will be launching a music search next week that will allow users to search for music and gives the ability to download selected tracks.

Music downloads has been a major driving force for Apple (NASDAQ: AAPL) through its iTunes service, and Google is looking to grab a piece of that pie. According to sources, users will be able to go onto the new Google music site and search for a particular song or artist. Suppose you search for the band U2, you will get a list of available songs, which if clicked will launch the song into a streaming player, and also provide the user the option to download the music.

Google stock has traded up to a new 52 week high today, trading as high as $559.35, and is currently trading up 0.9% to $556.73, up $5.01.

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