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Mid-Day Market Update: Dycom Gains On Upbeat Results, CVR Partners Drops

Wed, 22 May 2013 12:56:39 -0400

Midway through trading Wednesday, the Dow traded up 0.70 percent to 15,494.86, while the NASDAQ rose 0.48 percent to 3,518.99. The S&P was also up, gaining 0.65 percent to 1,679.98.

Top Headline Target (NYSE: TGT) reported a drop in its first-quarter profit.

Target's quarterly profit declined to $498 million, or $0.77

Focus on Underperfomance With Trian Fund Management's Peter 'The Constructivist' May

Wed, 22 May 2013 12:25:17 -0400

Peter May, Trian Fund Management President and founding partner, calls himself a constructivist. He appeared on CNBC's Squawk Box on Wednesday to discuss a variety of things, including what being a constructivist means to him.

He said that constructionists focus on the operating side of the business. May said that they

Stocks Hitting 52-Week Highs

Wed, 22 May 2013 10:22:38 -0400

Under Armour (NYSE: UA) shares gained 1.84% to create a new 52-week high of $65.48. Under Armour's trailing-twelve-month ROE is 16.07%.

Toll Brothers (NYSE: TOL) shares touched a new 52-week high of $38.72 after the company reported a 46% rise in its fiscal second-quarter profit.

Sonoco Products Co

Mid-Morning Market Update: Markets Surge, Target Posts Lower Profit

Wed, 22 May 2013 10:14:18 -0400

Following the market opening Wednesday, the Dow traded up 0.55 percent to 15,472.44, while the NASDAQ rose 0.52 percent to 3,520.40. The S&P was also up, gaining 0.59 percent to 1,678.95.

Top Headline Target (NYSE: TGT) reported a drop in its first-quarter profit.

Target's quarterly profit declined to $498 million, or

Morning Market Movers

Wed, 22 May 2013 09:57:46 -0400

Cleantech Solutions International (NASDAQ: CLNT) shares advanced 77.81% to $6.65. Cleantech Solutions became certified supplier to China's oil and natural gas industry.

Zale (NYSE: ZLC) surged 34.17% to $7.24 after the company reported upbeat Q3 earnings.

Multiband (NASDAQ: MBND) climbed 24.42% to $3.21 after the company

Shares of Cleantech Rally Sharply Following News the Co. Now a Certified Supplier to China's Sinopec, CNPC

Wed, 22 May 2013 09:40:13 -0400

Cleantech Solutions International, Inc. (NASDAQ: CLNT), a manufacturer of metal components and assemblies, primarily used in the wind power, solar and other clean technology industries and dyeing and finishing equipment to the textile industry, today announced that it has become a certified supplier of components to China Petroleum and Chemical Corporation (Sinopec) and China

PreMarket Info Recap for May 22, 2013

Wed, 22 May 2013 09:17:00 -0400

Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves? Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to get

Intuit Earnings Beat Estimates; Company Updates Full-Year Guidance

Tue, 21 May 2013 18:25:45 -0400

Intuit (NASDAQ: INTU) released its fiscal third-quarter earnings after the closing bell on Tuesday.

The company reported revenues which were in-line with expectations and a profit which beat analysts' estimates. In late trade, shares were up a little less than one percent to $58.31.

The company reported net income

NetApp Rises After Reporting Lower Q4 Profit

Tue, 21 May 2013 18:23:43 -0400

NetApp (NASDAQ: NTAP) released its fiscal fourth-quarter earnings results after the closing bell on Tuesday.

The company's adjusted earnings per share came in slightly ahead of Wall Street estimates, but sales missed consensus expectations. In late trading, the stock had added a little better than two percent to

Benzinga's M&A Chatter for Tuesday May 21, 2013

Tue, 21 May 2013 18:09:20 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday May 21, 2013:

NY Post Reports Saks Hires Goldman Sachs to Explore Strategic Alternatives

The Rumor:Shares of Saks (NYSE: SKS) surged sharply higher after-hours on a report from the NY Post that the company has

Long Setup in Herbalife Still Attractive; Stock Breaks Out as New Auditor Hired

Tue, 21 May 2013 17:21:27 -0400

Few stocks have attracted more news over the last six months than nutritional supplement maker Herbalife (NYSE: HLF).

Even casual market observers are aware of the circumstances surrounding the the initial bout of extreme volatility in the name back in December 2012. The shares went into free-fall at

Market Wrap for Tuesday, May 21: Stocks Record Modest Gains Ahead of Bernanke Testimony

Tue, 21 May 2013 16:20:00 -0400

U.S. stocks staged a modest rally on Tuesday ahead of Congressional testimony from Federal Reserve Chairman Ben Bernanke on Wednesday.

The expectation that the central bank will continue to lend support to the markets helped sustain risk appetite on the day.

Investors were also encouraged by a client note issued

Mid-Afternoon Market Update: Markets Look to be Closing Higher For the 19th Strait Tuesday

Tue, 21 May 2013 15:59:37 -0400

Toward the end of trading Tuesday, the Dow traded up 0.47 percent to 15,407.31, while the NASDAQ rose 0.28 percent to 3,506.98. The S&P was also up, gaining 0.30 percent to 1,671.54.

Top Headline Home Depot (NYSE: HD) reported an 18.5% increase in its Q1 earnings and lifted its 2013

Zettaset: Making A Mark With Security Solutions For Hadoop

Tue, 21 May 2013 15:25:22 -0400

So far, Zettaset is a relatively small startup with roughly 40 employees.

The Mountain View, California based company focuses on secure big data management through its Orchestrator™ v5, which makes a security “wrapper” around Hadoop distribution, operating as an "independent management layer" that's on top of the open source code.

Mid-Day Market Update: Navios Maritime Jumps On Upbeat Results, iGATE Drops

Tue, 21 May 2013 12:54:52 -0400

Midway through trading Tuesday, the Dow traded up 0.20 percent to 15,365.31, while the NASDAQ rose 0.04 percent to 3,497.98. The S&P was also up, gaining 0.08 percent to 1,667.54.

Top Headline Home Depot (NYSE: HD) reported an 18.5% increase in its Q1 earnings and lifted its 2013 earnings forecast.

Home

Growth, Growth, And More Growth: Yahoo's Mayer And Tumblr's Karp Talk Deal

Tue, 21 May 2013 11:59:32 -0400

Yahoo (NASDAQ: YHOO) CEO Marissa Mayer and Tumblr CEO David Karp sat down on CNBC's Squawk on the Street to discuss Yahoo's acquisition of the popular blogging service.

Mayer started out by saying that she wants Yahoo to move fast as a company in terms of shipping products

Stocks Hitting 52-Week Highs

Tue, 21 May 2013 10:39:56 -0400

Yingli Green Energy Holding Co (NYSE: YGE) shares created a new 52-week high of $3.84 after the company announced preliminary Q1 financial results.

Zimmer Holdings (NYSE: ZMH) shares touched a new 52-week high of $81.46. Zimmer's PEG ratio is 1.49.

Tiffany & Co (NYSE: TIF) shares

Morning Market Movers

Tue, 21 May 2013 10:05:37 -0400

SoundBite Communications (NASDAQ: SDBT) shares advanced 65.89% to $4.96 after Genesys announced its plans to acquire SoundBite Communications.

Yingli Green Energy Holding Co (NYSE: YGE) surged 31.13% to $4.0650 after the company announced preliminary Q1 financial results.

SemiLEDs (NASDAQ: LEDS) surged 13.45% to $1.6790. SemiLEDs shares

Powerful Breakout May Be Setting Up in Molycorp

Tue, 21 May 2013 06:32:43 -0400

A confluence of factors could push shares of battered rare earth miner Molycorp (NYSE: MCP) higher in the coming weeks.

Despite only becoming a publicly traded company in 2010, Molycorp has already had a very colorful history. The Greenwood, Colorado-based rare earth oxide (REO) producer did its initial

Benzinga's M&A Chatter for Monday May 20, 2013

Mon, 20 May 2013 18:23:57 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Monday May 20, 2013:

Actavis to Acquire Warner Chilcott for $8.5B or $20.08/Share in Stock Deal

The Deal:Actavis (NYSE: ACT) and Warner Chilcott (NASDAQ: WCRX) announced Monday an agreement under which Actavis will acquire

Urban Outfitters Falls on Q1 Results

Mon, 20 May 2013 17:44:46 -0400

Urban Outfitters (NASDAQ: URBN) released its fiscal first-quarter earnings results on Monday after the closing bell. Despite topping Wall Street earnings estimates, the stock was down around 3 percent in late trade to $43.11.

The company posted net income of $47.1 million or $0.32 per share, compared to

TiVo Reports Smaller Q1 Loss

Mon, 20 May 2013 17:42:54 -0400

TiVo (NASDAQ: TIVO) released its fiscal first-quarter earnings results after the closing bell on Monday. In the after hours trading session, TIVO was trading up very slightly to $12.69.

The company reported a first-quarter loss of $10.32 million or $0.09 per share, compared to $20.77 million or $0.17

Is the Bottom in For J.C. Penney? Stock on the Rise Despite Terrible Earnings

Mon, 20 May 2013 15:49:39 -0400

Shares of J.C. Penney (NYSE: JCP) were headed higher to start the trading week on Monday, and investors and traders may want to take notice.

Although volume was light, which may be a concern, the stock was trading up around five percent late in the session to just

Mid-Afternoon Market Update: McEwen Mining Rises as Commodities Turn Green

Mon, 20 May 2013 15:34:38 -0400

Toward the end of trading Monday, the Dow traded down 0.03 percent to 15,349.64, while the NASDAQ rose 0.01 percent to 3,499.69. The S&P was also up, gaining 0.02 percent to 1,667.29.

Top Headline Yahoo! (NASDAQ: YHOO) announced its plans to acquire blogging network Tumblr for roughly $1.1 billion.

Benzinga Weekly Options Outlook for the Week of May 20

Mon, 20 May 2013 12:48:27 -0400

Options overview this week is pretty much the same as the previously mentioned video. We're still in melt-up status with many of these single names. S&P 500 (NYSE: SPY) has been hitting all time highs pretty much every day, causing a bit of heartache for the shorts. Any

Mid-Day Market Update: Markets Edge Higher, Team Drops On Q4 Earnings Outlook

Mon, 20 May 2013 12:33:27 -0400

Midway through trading Monday, the Dow traded up 0.20 percent to 15,385.64, while the NASDAQ rose 0.28 percent to 3,508.69. The S&P was also up, gaining 0.29 percent to 1,672.29.

Top Headline Yahoo! (NASDAQ: YHOO) announced its plans to acquire blogging network Tumblr for around $1.1 billion.

Equities Trading UP Websense (NASDAQ:

appssavvy's Chris Cunningham on Yahoo's Tumblr Purchase

Mon, 20 May 2013 11:03:48 -0400

Chris Cunningham, co-founder and Chief Executive Officer of appssavvy, took time to speak with the folks on CNBC's Squawk Box Monday morning about Yahoo's (NASDAQ: YHOO) purchase of the popular blogging service Tumblr for $1.1 billion.

"Yahoo and any large media company hasn't proven that they can effectively

Mid-Morning Market Update: Markets Fall, Yahoo To Acquire Tumblr

Mon, 20 May 2013 10:43:20 -0400

Following the market opening Monday, the Dow traded down 0.16 percent to 15,329.97, while the NASDAQ fell 0.05 percent to 3,497.34. The S&P was also down, dropping 0.15 percent to 1,664.99.

Top Headline Yahoo! (NASDAQ: YHOO) announced its plans to acquire blogging network Tumblr for around $1.1 billion. Yahoo shares

Benzinga's Volume Movers

Mon, 20 May 2013 10:32:41 -0400

Websense (NASDAQ: WBSN) shares moved up 28.60% to $24.73 at 10:54 am. The volume of Websense shares traded was 11846% higher than normal. Websense entered into a definitive agreement to be bought by Vista Equity Partners.

SolarCity (NASDAQ: SCTY) shares climbed 11.56% to $50.20. The volume of

Benzinga's M&A Chatter for Friday May 17, 2013

Sat, 18 May 2013 23:37:16 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday May 17, 2013:

Rumor Baidu to Acquire Sogou for $2.5B

The Rumor:Baidu (NASDAQ: BIDU) is rumored to be acquiring Sohu's (NASDAQ: SOHU) Sogu, according to Marbridge. Last week WantChinaTimes reported Sohu was selling

Market Wrap for Friday, May 17: Stocks Gain on Late Day Rally

Fri, 17 May 2013 16:25:21 -0400

Markets surged Friday afternoon, bringing the Dow near a record high at 15,354.40.

The S&P 500 closed up almost one percent, with the Nasdaq up slightly more than that.

The rise in stock prices this week can be largely attributed to the end of earnings season, job numbers, and positive information from

Mid-Afternoon Market Update: SolarCity Continues to Rise as Gold Bugs Get Smashed

Fri, 17 May 2013 15:54:26 -0400

Toward the end of trading Thursday, the Dow was up 0.77 percent to 15,249.41, while the NASDAQ rose 0.89 percent to 3,496.33. The S&P was also up 0.97 percent to 1,666.90.

Top Headline Gold has plummeted 4.8% as the week comes to a close, dropping below $1,390 an ounce, the lowest level

Judge Blocks $13M Arbitration Over Mortgage-Backed Securities Against SunTrust -Reuters

Fri, 17 May 2013 14:36:04 -0400

Mid-Day Market Update: Gold Prices Fall on Strength in US Dollar, Stock

Fri, 17 May 2013 12:48:29 -0400

Midway through trading Thursday, the Dow was up 0.43 percent to 15,298.41, while the NASDAQ rose 0.49 percent to 3,482.33. The S&P was also up 0.51 percent to 1,658.90.

Top Headline Gold has plummeted 4.8% as the week comes to a close, dropping below $1,390 an ounce, the lowest level seen since

Stocks Hitting 52-Week Highs

Fri, 17 May 2013 11:02:18 -0400

Zix Corporation (NASDAQ: ZIXI) jumped 2.23% to create a new 52-week high of $4.13. Zix Corp's stock has started to surge above its 50-day moving average of $3.69. Analysts believe that this move is likely to push the shares to trigger a major breakout trade in the near

The Boku Boom, With Chief Business Officer Jon Prideaux

Fri, 17 May 2013 10:50:03 -0400

Boku is transforming telecom and financial services with their innovative method of paying for things electronically. Boku uses your mobile number to make online purchases instantly. Those purchases are then put on your phone bill, not your credit card.

The company's Chief Business Officer, Jon Prideaux, appeared on CNBC's Squawk Box

Top Performing Industries For May 17, 2013

Fri, 17 May 2013 10:35:50 -0400

At 10:17 am, the Dow surged 0.36% to 15,288.10, the broader Standard & Poor's 500 index moved up 0.51% to 1,658.94 and the NASDAQ composite index rose 0.52% to 3,483.38.

The industries that are performing well in the market today are:

Medical Practitioners: This industry jumped 4.69% by 10:17 am. The top

Morning Market Movers

Fri, 17 May 2013 09:59:20 -0400

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) shares advanced 24.50% to $1.88 at 9:46 am. Seanergy Maritime's trailing twelve-month revenue is $55.62 million.

Real Goods Solar, Inc. (NASDAQ: RSOL) surged 22.06% to $2.14. Real Goods Solar has said to be one of the leading companies in the solar

PreMarket Info Recap for May 17, 2013

Fri, 17 May 2013 09:20:02 -0400

Celsion Shares Moving Higher as Traders Cheer Findings from ThermoDox HEAT Study

Fri, 17 May 2013 08:22:23 -0400

Celsion Corporation (NASDAQ: CLSN) announced today that Professor Riccardo Lencioni, MD, FSIR, EBIR, 2013 WCIO Program Chairman and the Director of the Division of Diagnostic Imaging and Intervention at Pisa University School of Medicine in Italy and Lead European Principal Investigator for the HEAT Study and Professor Ronnie T.P. Poon, MD, MS,

Benzinga's Top Pre-Market Gainers

Fri, 17 May 2013 08:16:55 -0400

SunPower Corporation (NASDAQ: SPWR) soared 2.01% to $19.95 in the pre-market trading. SunPower Corporation's intends to make solar power a standard in homes.

Advanced Micro Devices, Inc. (NYSE: AMD) surged 2.35% to $392 in the pre-market session. Advanced Micro Devices trailing twelve-month revenue is $4.92 billion.

Zynga,

Benzinga's M&A Chatter for Thursday May 16, 2013

Thu, 16 May 2013 19:45:49 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday May 16, 2013:

Aruba Networks Acquires Meridian

The Deal:Aruba Networks (NASDAQ: ARUN) announced Thursday the acquisition of privately-held startup Meridian Apps, Inc. With this acquisition, Aruba Networks enables new location-based services by combining its unique,

Autodesk Falls After Q1 Report and Weak Guidance

Thu, 16 May 2013 17:45:19 -0400

Autodesk (NASDAQ: ADSK) released its fiscal first-quarter earnings results after the closing bell on Thursday.

The company missed both Wall Street earnings and revenue estimates and provided a Q2 view which is below current consensus. In late trading, ADSK was last trading down 6 percent to $37.38.

The

Dell Reports Mixed Earnings

Thu, 16 May 2013 17:42:40 -0400

Dell (NASDAQ: DELL) released its first-quarter earnings results after the closing bell on Thursday.

The company reported net income of $130 million or $0.07 per share, compared to $635 million or $0.36 per share, in last year's corresponding quarter.

On an adjusted basis, net income fell to $372

Nordstrom Reports Lower Profit; Stock Falls

Thu, 16 May 2013 17:30:53 -0400

Retailer Nordstrom (NYSE: JWN) released its fiscal first-quarter earnings results on Thursday after the closing bell.

The company missed Wall Street earnings per share and revenue estimates and the stock was trading down around 3 percent in the after-hours.

The company reported net earnings of $145 million or

J.C. Penney Reports Wider Loss; Stock Up Slightly

Thu, 16 May 2013 17:28:43 -0400

Struggling retailer J.C. Penney (NYSE: JCP) released its fiscal first-quarter earnings results after the closing bell on Thursday.

The company missed both Wall Street earnings and revenue estimates, but the stock was slightly higher in the after hours after initially trading down.

J.C. Penney reported a net loss

Market Wrap for Thursday, May 16: A Small Pullback For U.S. Stocks as Economic Data Disappoints

Thu, 16 May 2013 16:17:39 -0400

Stocks pulled back late on Thursday as bullish sentiment could not overcome disappointing economic reports. Initial jobless claims, housing starts and a reading of the Philadelphia Fed's Business Outlook Index all surprised to the downside.

Although it is far too early to predict a correction in the market, investors who have

SolarCity Continues Rocket Ride

Thu, 16 May 2013 15:43:26 -0400

According to Elon Musk's Wikipedia page, he first conceived of the idea for SolarCity (NASDAQ: SCTY), a company founded by his cousins Lyndon and Peter Rive, at the annual Burning Man festival in the Nevada desert.

Like many of Musk's various inspirations, today SolarCity is a thriving

Mid-Afternoon Market Update: Optimer Falls as Halozyme Rockets Upwards

Thu, 16 May 2013 15:35:35 -0400

Toward the end of trading Thursday, the Dow was down 0.10 percent to 15,259.91, while the NASDAQ rose 0.13 percent to 3,476.15. The S&P traded down, falling 0.23 percent to 1,654.47.

Top Headline US stocks saw some volatility on Thursday, fluctuating between gains and losses, following the disappointing economic data released this

Mid-Day Market Update: US Stocks Fluctuate, Cisco Systems Up on Better-than-Expected Earnings

Thu, 16 May 2013 13:38:44 -0400

Midway through trading Thursday, the Dow was up 0.05 percent to 15,282.91, while the NASDAQ rose 0.05 percent to 3,477.15. The S&P traded down, falling 0.08 percent to 1,657.47.

Top Headline US stocks saw some volatility on Thursday, fluctuating between gains and losses, following the disappointing economic data released this morning. While