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Stock futures push lower ahead of durable goods

Fri, 24 May 2013 06:38:43 -0400

U.S. stock market futures fall on Friday ahead of durable-goods orders data that are expected to show continued sluggishness, and as volatility continued for Asian stocks. Investors also may be heading to the sidelines ahead of the long holiday weekend.

Stocks Rally Back to Erase Morning Loss! HPQ, VIX, PCLN, GLD, CRUS, APC, MPC, TSO, WDC, STX, MRVL

Fri, 24 May 2013 03:34:06 -0400

Last night, Asian markets took huge drops after manufacturing data from China came out weaker than expected. Japan’s Nikkei tumbled more than 7%! This morning, SPX gapped down 20 points at open, but, buyers came in after about an hour into the trading. There were some big swings! For instance, PCLN traded as low as $784 [...]

Dividend Highlights/Lowlights for May 23

Thu, 23 May 2013 16:39:34 -0400

These were some of the biggest dividend stock performers on the upside and the downside in today’s market action. Highlights Hewlett Packard (HPQ) – up 17% Western Digital (WDC) – up 3% Williams Sonoma (WSM) – up 3% Herbalife Ltd. (HLF) – up 3% Best Buy (BBY) – up 2.5% Lowlights Kyocera Corp. (KYO) – [...]

Market Wrap for Thursday, May 23: Wall Street Shrugs Off Global Slump

Thu, 23 May 2013 16:30:42 -0400

Thursday's trading session may have been the most glaring example of just how powerful the bull market in U.S. stocks is right now. Even though all of the major averages closed slightly lower on the day, the U.S. market was able to shrug off a global rout in stock prices

Market Wrap-Up for May 23 (HPQ, LTD, PETM, RL, more)

Thu, 23 May 2013 16:01:15 -0400

All eyes were on the indices this morning to see how they’d react after Japan’s Nikkei index dropped 7% overnight on an over 1,000-point sell-off. Fears of the Fed’s QE tapering, contraction in manufacturing data from China, and a stronger Yen all contributed to the Japanese market’s decline, and subsequently most other global markets. Though [...]

Mid-Afternoon Market Update: Markets Turn Upwards, Ply Gem Rises

Thu, 23 May 2013 15:34:24 -0400

Toward the end of trading Thursday, the Dow traded up 0.13 percent to 15,327.52, while the NASDAQ fell 0.12 percent to 3,459.98. The S&P was also down, declining 0.24 percent to 1,651.88.

Top HeadlineDollar Tree (NASDAQ: DLTR) reported a 15 percent rise in its fiscal first-quarter earnings and lifted

Summary of Important Points from HP's Q2 Conference Call

Thu, 23 May 2013 14:59:37 -0400

Below are some highlights from HP's (NYSE: HPQ) Q2 conference call on Wednesday afternoon:

results in the quarter were driven by better than expected performance in Enterprise Services and Printing We've significantly improved the pricing processes, decreasing the turnaround time for quotes by more than 50% in Europe. In the

Mid-Day Market Update: Stocks Pare Losses, Hewlett-Packard Surges On Upbeat Earnings

Thu, 23 May 2013 12:44:04 -0400

Midway through trading Thursday, the Dow traded down 0.04 percent to 15,301.07, while the NASDAQ fell 0.15 percent to 3,457.98. The S&P was also down, declining 0.33 percent to 1,649.94.

Top HeadlineDollar Tree (NASDAQ: DLTR) reported a 15 percent rise in its fiscal first-quarter earnings and lifted its full-year

Closing Bell for Thursday on Wall Street: Markets Stall on Japan Losses

Thu, 23 May 2013 12:05:00 -0400

DailyFinance.com: U.S. equity markets opened sharply lower this morning, taking a lead from Japan's Nikkei, which fell more than 7% for the day. Japan's government bond yields spiked until the Bank of Japan intervened. Japan-focused ETFs got clobbered today. Nearly ... Read more

Updates, advisories and surprises

Thu, 23 May 2013 12:01:09 -0400

A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

H-P rally: Turnaround, or sugar high?

Thu, 23 May 2013 11:08:52 -0400

H-P shares rally after the company posted better-than-expected profit, but many analysts are still skeptical about the company’s long-term prospects.

Stocks Hitting 52-Week Highs

Thu, 23 May 2013 10:43:41 -0400

Hewlett-Packard Company (NYSE: HPQ) shares created a new 52-week high of $24.17 after the company reported upbeat FQ2 earnings.

Lender Processing Services (NYSE: LPS) shares touched a new 52-week high of $33.01. The Wall Street Journal reported that Fidelity National Financial (NYSE: FNF) and Thomas

H-P a big gainer as other techs trim losses

Thu, 23 May 2013 10:39:49 -0400

Computer giant gets a lift on better-than-expected results. Investor sentiment was mixed following economic data from China and comments from Fed chief Ben Bernanke

Mid-Morning Market Update: Markets Go Red, Dollar Tree Posts Upbeat Profit

Thu, 23 May 2013 10:25:28 -0400

Following the market opening Thursday, the Dow traded down 0.72 percent to 15,196.52, while the NASDAQ fell 0.99 percent to 3,428.98. The S&P was also down, declining 1.06 percent to 1,637.88.

Top HeadlineDollar Tree (NASDAQ: DLTR) reported a 15% rise in its fiscal first-quarter earnings and lifted its full-year

UPDATE: J.P. Morgan Reiterates Neutral Rating, Raises PT on Hewlett-Packard Company on Expected Upward Trends

Thu, 23 May 2013 10:18:51 -0400

In a report published Thursday, J.P. Morgan analyst Mark Moskowitz reiterated a Neutral rating on Hewlett-Packard Company (NYSE: HPQ), and raised the price target from $22.00 to $24.50.

In the report, J.P. Morgan noted, “We expect shares of Neutral-rated HP to be upward trending in the near term. Despite

U.S. stocks drop, hit by Fed, Asian selloff

Thu, 23 May 2013 09:57:38 -0400

Japanese equities endure worst one-day loss since March 2011. Global markets are down on soft Chinese data and worries about the Fed slowing its bond-buying program.

Analyst Upgrades: Hewlett-Packard Company, The Boeing Company, and Staples, Inc.

Thu, 23 May 2013 09:09:00 -0400

Analysts are weighing in today on computer giant Hewlett-Packard Company (NYSE:HPQ), aerospace firm The Boeing Company (NYSE:BA), and office products retailer Staples, Inc...(Read More)

Buzz Stocks: Hewlett-Packard Company (HPQ), J.C. Penney Company, Inc. (JCP), Tesla Motors Inc (NASDAQ:TSLA), and Ford Motor (F)

Thu, 23 May 2013 08:52:00 -0400

It could be a bumpy ride for bulls today; futures are pointed south after a broad sell-off overseas and mixed messages from Federal Reserve officials on Wednesday...(Read More)

Thursday’s movers: Hewlett-Packard, AMD

Thu, 23 May 2013 08:24:23 -0400

Shares of Hewlett-Packard Co. led the S&P 500 in premarket trade on Thursday while shares of Advanced Micro Devices fell. Apple Inc. trended online.

Hewlett-Packard Tops Q2 EPS Estimates Despite 32% Decline in Profits; Shares Rise on Boosted Fiscal 2013 Outlook (HPQ

Thu, 23 May 2013 08:21:44 -0400

Shares of Hewlett-Packard Company (HPQ) surged in pre-market trading on Thursday after the computer and printer maker boosted its fiscal 2013 outlook and reported second quarter earnings that beat estimates after the close on Wednesday. Despite the earnings beat, profits did decline steeply on the continued weak sales of PCs. The Palo Alto, California-based company [...]

Most popular American brands in China

Thu, 23 May 2013 07:01:02 -0400

Some of America’s biggest brands have already managed to be the Chinese market leaders in their segments and China represents an opportunity for companies to strengthen their brand and move ahead of their closest competitors globally. Here are the most popular American brands in China.

Benzinga Market Primer: Thursday May 23

Thu, 23 May 2013 06:06:38 -0400

Things went from euphoric to worrisome on Wednesday as the Dow saw a 200 point swing. Technicians note that the charts show an outside reversal. In other words—cause for concern.

There is a global selloff taking place this morning with the Dow poised to print a triple digit loss at the

US Stock Futures Down Ahead Of Economic Data

Thu, 23 May 2013 06:06:38 -0400

US stock futures are lower this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average tumbled 136 points to 15,184.00 and S&P 500 index futures fell 18.30 points to 1,637.30. Nasdaq 100 futures dropped 32.50 points to 2,968.50.

US stocks closed lower on Wednesday, with the

H-P, Sears are Thursday’s stocks to watch

Thu, 23 May 2013 05:30:45 -0400

Hewlett-Packard shares are likely to remain active Thursday after the company’s drop in earnings still beat Wall Street’s expectations, helping the stock soar in after-hours trading.

Stocks To Watch For May 23, 2013

Thu, 23 May 2013 04:50:49 -0400

Some of the stocks that may grab investor focus today are:

Wall Street expects Dollar Tree (NASDAQ: DLTR) to report its Q1 earnings at $0.57 per share on revenue of $1.87 billion. Dollar Tree shares gained 2.15% to $49.41 in after-hours trading.

Analysts are expecting Hormel Foods (NYSE:

Stock futures slide, rattled by Fed, China data

Thu, 23 May 2013 04:35:22 -0400

U.S. stock market futures fell sharply early Thursday as fears over a tapering of the Fed’s bond-buying program continued to rattle investors. Those worries and weak China data triggered heavy losses for global stocks, with Japan equities suffering their biggest one-day loss in more than two years.

Lenovo Profit Nearly Doubles, Defying Global PC Slump

Thu, 23 May 2013 03:05:00 -0400

DailyFinance.com: The news about Hewlett-Packard Co.'s (NYSE: HPQ) earnings may have been better than expected, but they cannot compare nearly to PC maker rival Lenovo. For some reason it has managed to dodge much of the downturn in global personal computer sales, ... Read more

What Is Important: Samsung Galaxy S4 Sells 10 Million, Consumer Reports Airline Scores

Thu, 23 May 2013 02:35:00 -0400

DailyFinance.com: Lenovo Earnings The news about Hewlett-Packard Co.'s (NYSE: HPQ) earnings may have been better than expected, but they cannot compare nearly to PC maker rival Lenovo. For some reason it has managed to dodge much of the downturn in global personal ... Read more

Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

Thu, 23 May 2013 02:25:00 -0400

DailyFinance.com: Hewlett-Packard Co. (NYSE: HPQ) raises its financial forecast and shares soar. (Reuters) The European Union may allow Greece more time to reach its budget targets. (Reuters) After a number of attacks on its media sites, Twitter tries to do a better ... Read more

Stocks Fear the Taper End Lower as Volume Swells

Wed, 22 May 2013 21:43:31 -0400

It was about time we saw the market close lower on heavy volume. At one point the Dow Jones Industrial Average was up more than 155 points. The market was clearly focused in on Ben Bernanke’s testimony and prepared comments then it would turn its attention to the release of the Fed’s meeting minutes. Hints [...]

Hewlett-Packard Soars After Q3 Results; Lifts Full-Year Outlook

Wed, 22 May 2013 19:36:52 -0400

Struggling diversified technology company Hewlett-Packard (NYSE: HPQ) released its fiscal second-quarter earnings results after the closing bell on Wednesday.

Over the last five years, the company's share price has been more than halved as a secular decline in the PC business and a failure to innovate have weighed

H-P scores by going against Dell’s tactic

Wed, 22 May 2013 17:18:31 -0400

Hewlett-Packard Co.reported a steep sales drop in its personal computer business. But the tech giant managed to keep the business profitable, likely by taking the opposite tact of rival Dell: It appears to have refrained from huge price cuts, a move instigated by Dell this quarter in order to gain market share.

H-P shares jump after earnings, outlook

Wed, 22 May 2013 16:31:31 -0400

The computer maker beats Street estimates on earnings and outlook, adding to gains of nearly 50% on the year.

H-P earnings fall; shares rally on beat, forecast

Wed, 22 May 2013 16:22:54 -0400

H-P exceeds earnings expectations even though the tech giant posted a drop in profit and sales. The company also posts a strong outlook. Shares rally in after-hours trades.

Closing Bell for Wednesday on Wall Street: Markets Blunted on Fed Comments, Minutes

Wed, 22 May 2013 12:06:00 -0400

DailyFinance.com: U.S. equity markets opened barely higher this morning following a report that mortgage loan applications had fallen by 9.8% from the previous week, on top of a 7% decline for the prior period. In Asia, the Bank of Japan said it would maintain its key ... Read more

H-P expected to post big drop in sales, earnings

Wed, 22 May 2013 10:42:21 -0400

A May 22 story on Hewlett-Packard Co. misstated Wall Street’s consensus revenue estimate. H-P is expected to report revenue of $28.02 billion.

Wednesday’s movers: NetApp, Saks

Wed, 22 May 2013 08:28:02 -0400

Earnings results drove premarket action on Wednesday as NetApp Inc. rose while Staples Inc. and Lowe’s Cos. fell.

H-P expected to post big drop in sales, earnings

Wed, 22 May 2013 07:05:16 -0400

H-P is expected to post a big drop in sales and earnings on Wednesday afternoon. But investors have pushed the stock up more than 70% in the last six months, betting on a turnaround.

Benzinga Market Primer: Wednesday, May 22

Wed, 22 May 2013 06:34:04 -0400

The markets reached another record high Tuesday as the Dow added 50 points and the S&P, nearly three points. All eyes will be on Fed Chairman Ben Bernanke’s testimony at 10:00 am EST Wednesday.

Morning News

S&P 500 futures are up 1.75 points to 1667.25. The EUR/USD was up at 0.19 percent to

US Stock Futures Up, All Eyes On Bernanke

Wed, 22 May 2013 06:23:25 -0400

US stock futures are slightly higher this morning. Futures for the Dow Jones Industrial Average gained 12 points to 15,367.00 and S&P 500 index futures rose 1.40 points to 1,667.00. Nasdaq 100 futures climbed 3 points to 3,024.50.

US stocks closed higher on Tuesday, with the Dow Jones Industrial Average rising

H-P, Target, Saks are Wednesday’s stocks to watch

Wed, 22 May 2013 05:30:35 -0400

Dow component Hewlett-Packard and Target are among the high profile companies in queue to report quarterly results on Wednesday. But the scene stealer may be Saks which reportedly hired Goldman Sachs to shop around the luxury retailer.

Earnings Scheduled For May 22, 2013

Wed, 22 May 2013 04:40:37 -0400

American Eagle Outfitters (NYSE: AEO) is expected to report its Q1 earnings at $0.17 per share on revenue of $678.41 million.

Lowe's Companies (NYSE: LOW) is projected to report its Q1 earnings at $0.51 per share on revenue of $13.46 billion.

Citi Trends (NASDAQ: CTRN) is

Hewlett-Packard Company (HPQ) Calls Heat Up on Earnings Eve

Tue, 21 May 2013 11:47:00 -0400

The shares of Hewlett-Packard Company (NYSE:HPQ) are up 0.2% at %2421.22, and some options traders are gambling on even more upside after the firm's turn in the earnings confessional tomorrow...(Read More)

H-P investors ignore dour view on Wall Street

Tue, 21 May 2013 07:17:04 -0400

As investors gear up for Hewlett-Packard Co.’s earnings on Wednesday, disappointing results from Dell loom large. But H-P is more than just PCs and so far Whitman’s restructuring is moving slowly but surely in the right direction, writes Therese Poletti.

Earnings Expectations for the Week of May 20

Sun, 19 May 2013 11:22:39 -0400

The start of the retail earnings season last week was a mixed bag.

Quarterly results from Walmart (NYSE: WMT), Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) ranged from so-so to disappointing, while J.C. Penney (NYSE: JCP) posted a larger-than-expected net loss. Macy's

Stock rally’s breadth is a sign of strength, froth

Sun, 19 May 2013 11:19:42 -0400

Stock indexes rallying to new highs have put investors on alert for a correction. Now they have something else to worry about: Too many individual stocks touching highs.

(TGT) Sweeping Up the Last of First Quarter Earnings – Earnings Preview

Fri, 17 May 2013 16:51:41 -0400

The Q1 earnings season is effectively over for most of the major sectors, with Retail as the only...

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Weekly Preview: FOMC Minutes in Focus, Earnings Season Wanes

Fri, 17 May 2013 16:29:42 -0400

In the upcoming week, market focus shifts back to the Fed as the FOMC minutes of the latest meeting are released. Also, Fed Chairman Ben Bernanke is set to speak as earnings season slows down, although there are still some key earnings set to be released.

Key Earnings This week, the earnings

Wells Fargo Says Dell's Poor Q1 Report May Spur Holders to Vote for Michael Dell, Silver Lake Bid

Fri, 17 May 2013 11:22:25 -0400

Wells Fargo's Maynard Um issued a research note Friday morning suggesting Dell's (NASDAQ: DELL) first-quarter results may cause investors to view the bid from Michael Dell and Silver Lake as favorable.

Maynard believes the stock should see "material share depreciation" following the results. Dell's PC segment has come

Defensive stocks due for a pullback

Fri, 17 May 2013 07:00:51 -0400

This year has seen the stunning performance of defensive stocks, those steady, low-beta stocks that tend to zig when the economy zags, writes Howard Gold. But have these shares reached a top?