News about <![CDATA[US1727551004]]> News about en-us <![CDATA[Mid-Afternoon Market Update: Fed Will Continue the Taper in February]]> Toward the end of trading Wednesday, the Dow traded down 1.11 percent to 15,751.48 while the NASDAQ declined 1.08 percent to 4,053.69. The S&P also fell, dropping 0.98 percent to 1,775.19.

Top Headline Making headlines across the world Wednesday afternoon were the FOMC minutes. While the Fed declared that it has a

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<![CDATA[Mid-Day Market Update: Yahoo! Slips After Q4 Results; RF Micro Shares Rise]]> Midway through trading Wednesday, the Dow traded down 0.57 percent to 15,837.48 while the NASDAQ declined 0.28 percent to 4,086.69. The S&P also fell, dropping 0.41 percent to 1,785.19.

Top Headline Dow Chemical Co (NYSE: DOW) posted a profit in the fourth quarter. Dow Chemical swung to a quarterly profit

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<![CDATA[Mid-Morning Market Update: Markets Open Lower; Dow Chemical Posts Upbeat Profit]]> Following the market opening Wednesday, the Dow traded down 0.71 percent to 15,814.92 while the NASDAQ declined 0.52 percent to 4,076.50. The S&P also fell, dropping 0.62 percent to 1,781.36.

Top Headline Dow Chemical Co (NYSE: DOW) posted a profit in the fourth quarter. Dow Chemical swung

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<![CDATA[Benzinga's Top #PreMarket Losers]]> Cirrus Logic (NASDAQ: CRUS) dipped 5.98% to $17.62 in the pre-market session after the company issued downbeat Q4 revenue outlook.

Peabody Energy (NYSE: BTU) shares fell 5.02% to $16.45 in the pre-market trading after gaining 2.06% on Tuesday.

Yahoo! (NASDAQ: YHOO) shares dropped 4.76% to

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<![CDATA[Benzinga's Top #PreMarket Losers]]> The ExOne Company (NASDAQ: XONE) shares fell 14.31% to $53.35 in the pre-market trading after the company lowered its 2013 revenue guidance. Canaccord Genuity downgraded the stock from Buy to Hold and cut the price target from $75.00 to $55.00.

Cirrus Logic (NASDAQ: CRUS) shares dropped 3.48%

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<![CDATA[Market Wrap For December 16: Dow Posts Triple Point Gain Ahead of Fed Meeting]]> U.S stocks started off the week on a positive note with triple digit point gains for the Dow following one of the worst weeks in recent memory.

Tuesday is an important day for the markets as the Fed begins its policy meeting which will last until Wednesday. After weeks of anticipating

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<![CDATA[UPDATE: Oppenheimer Downgrades Cirrus Logic on Lack of Valuation Support]]> In a report published Monday, Oppenheimer analyst Rick Schafer downgraded the rating on Cirrus Logic (NASDAQ: CRUS) from Perform to Underperform.

In the report, Oppenheimer noted, “We are downgrading shares of CRUS to Underperform from Perform. Customer/product/end-market concentration, as well as valuation, drive our incremental caution looking forward. Top

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<![CDATA[Benzinga's Top #PreMarket Losers]]> International Game Technology (NYSE: IGT) shares fell 6.72% to $16.25 in the pre-market trading. International Game's trailing-twelve-month ROA is 8.06%.

Cirrus Logic (NASDAQ: CRUS) dipped 3.01% to $19.00. Cirrus Logic's PEG ratio is -0.23.

Broadcom (NASDAQ: BRCM) dipped 1.21% to $27.67 in the pre-market session.

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<![CDATA[Market Wrap For November 11: Relative Quiet as Traders and Investors Observe Holiday]]> The Dow hit a record close in an otherwise quiet Veterans Day on Monday. There were no economic data releases by the government and few companies reporting earnings. The markets were anticipating a pick-up in Monday's rather slow activity with the lead-up to Janet Yellen's confirmation hearing on Thursday.

The Dow

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<![CDATA[Barclays Capital Reiterates on Cirrus Logic After Amplifier Loss in iPad Air is Confirmed]]> In a report published Monday, Barclays Capital analyst Blayne Curtis reiterated an Underweight rating and $16.00 price target on Cirrus Logic (NASDAQ: CRUS).

In the report, Barclays Capital noted, “When we published our thoughts on the initial iPad Air teardowns last week, we noted that CRUS' audio CODEC was

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<![CDATA[Morning Market Losers]]> Zalicus (NASDAQ: ZLCS) plummeted 71.61% to $1.33 after the company reported results from Phase 2 clinical trials of Z160 in chronic neuropathic pain.

RadNet (NASDAQ: RDNT) dropped 14.05% to $2.0199 after the company reported Q3 results.

Ballantyne Strong (NYSE: BTN) dropped 12.55% to $4.18 on

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<![CDATA[Benzinga's Top #PreMarket Losers]]> ImmunoGen (NASDAQ: IMGN) dipped 5.43% to $12.90 in the pre-market session after the company announced a license agreement with Novartis. Morgan Stanley downgraded the stock from Equal-weight to Underweight.

Cirrus Logic (NASDAQ: CRUS) shares dropped 5.62% to $21.00 in pre-market trading. Cirrus Logic shares have dropped 27.88%

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<![CDATA[Market Wrap for October 30: Fed Worries Push Stocks Lower, Facebook Earnings Wow Investors]]> Wall Street got what it wanted from the Federal Reserve on Wednesday -- no hint on when the Fed might taper its bond buying program -- but stocks fell back anyway.

Market News

What's not clear is whether the sell-off will be anything more than a one-time event. One reason: Facebook (NASDAQ:

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<![CDATA[Mid-Afternoon Market Update: Target Rises on Positive Guidance Released During Analyst Call]]> Toward the end of trading Wednesday, the Dow traded down 0.45 percent to 15,609.50 while the NASDAQ declined 0.66 percent to 3,926.73. The S&P also fell, dropping 0.53 percent to 1,762.78.

Top Headline General Motors (NYSE: GM) reported better-than-expected third-quarter net income.

GM's quarterly earnings declined to

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<![CDATA[Mid-Day Market Update: US Stocks Turn Lower; Electronic Arts Shares Rise On Upbeat Earnings]]> Midway through trading Wednesday, the Dow traded down 0.11 percent to 15,662.50 while the NASDAQ declined 0.34 percent to 3,938.73. The S&P also fell, dropping 0.24 percent to 1,767.78.

Top Headline General Motors (NYSE: GM) reported better-than-expected third-quarter net income. GM's quarterly earnings declined to $698 million,

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<![CDATA[UPDATE: Barclays Capital Downgrades Cirrus Logic as Focus is Now on 1H Trough]]> In a report published Wednesday, Barclays Capital analyst Blayne Curtis downgraded the rating on Cirrus Logic (NASDAQ: CRUS) from Equal-Weight to Underweight, but reiterated the $16.00 price target.

In the report, Barclays Capital noted, “CRUS delivered slightly better Sept revenue with EPS well ahead (one-time GM benefit) but guided

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<![CDATA[MORE Evidence That The iPhone 5C Is A Disappointment]]> If checks are correct, the iPhone 5C might be a bit of a disappointment for Apple (NASDAQ: AAPL)—at least so far.

Chinese site C Technology reported that Apple has cut 5C production from 300,000 to 150,000 units per day. This site is considered a reliable source among

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<![CDATA[Benzinga's Volume Movers]]> Motorcar Parts of America (NASDAQ: MPAA) shares moved up 7.38% to $11.35. The volume of Motorcar Parts of America shares traded was 993% higher than normal. Motorcar Parts of America's PEG ratio is 0.59.

Copart (NASDAQ: CPRT) shares rose 2.28% to $34.52. The volume of Copart shares

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<![CDATA[Market Wrap for Wednesday, August 28: Fed Tapering Might Not Be Near]]> Housing market is getting hit by the increasing interest rate environment threatening economic recovery; investors perceive the data as a positive, as the Fed will be less likely move ahead with tapering and push stock markets higher.

Major Movers

The Dow Jones Industrial Average was up by +48.38 points, or 0.33

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<![CDATA[Mid-Afternoon Market Update: Taser Drops on JP Morgan Downgrade; Markets Continue to Rally]]> Toward the end of trading Wednesday, the Dow traded up 0.54 percent to 14,855.19 while the NASDAQ surged 0.63 percent to 3,592.50. The S&P also rose, gaining 0.50 percent to 1,638.69.

Top Headline Joy Global (NYSE: JOY) reported a 5.3% fall in its fiscal third-quarter earnings. Joy Global's quarterly profit

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<![CDATA[Cirrus Logic Shares Jump Following Upgrade From Feltl, Analyst Likes Possibilities For Non-Apple Growth]]> Shares of Cirrus Logic (NASDAQ: CRUS) have surged more than 6 percent Wednesday morning following an earlier upgrade from Feltl & Co.'s Jeff Schreiner.

Schreiner boosted his investment rating on Cirrus from Hold to Buy and lifted his price target from $20 to $26.

The analyst called Cirrus shares

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<![CDATA[Market Wrap for Friday, July 26: Stocks Grind Out Small Gains to Close Week]]> The U.S. stock market recovered from early losses and the major averages managed to close with very small gains after grinding higher throughout the afternoon on Friday.

Wall Street's attention has primarily been focused on corporate earnings reports this week amid a light docket of economic releases.

The lone economic

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<![CDATA[Mid-Afternoon Market Update: Markets Mixed as Cliffs Rises]]> Toward the end of trading Friday, the Dow traded down 0.17 percent to 15,529.85 while the NASDAQ rose 0.06 percent to 3,6076.94. The S&P also fell, declining 0.09 percent to 1,688.41.

Top Headline Yesterday, Zynga (NASDAQ: ZNGA) issued a weak outlook for the current quarter. However, the company reported upbeat

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<![CDATA[Mid-Day Market Update: Expedia Drops On Downbeat Results, Activision Blizzard Shares Spike Higher]]> Midway through trading Friday, the Dow traded down 0.63 percent to 15,456.85 while the NASDAQ dropped 0.23 percent to 3,596.94. The S&P also fell, declining 0.46 percent to 1,682.41.

Top Headline Yesterday, Zynga (NASDAQ: ZNGA) issued a weak outlook for the current quarter. However, the company reported upbeat Q2 results.

Zynga

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<![CDATA[Mid-Morning Market Update: Markets Go Red, Zynga Issues Downbeat Q3 View]]> Following the market opening Friday, the Dow traded down 0.43 percent to 15,489.25 while the NASDAQ dropped 0.29 percent to 3,594.66. The S&P also fell, declining 0.38 percent to 1,683.90.

Top Headline Yesterday, Zynga (NASDAQ: ZNGA) issued a weak outlook for the current quarter. However, the company reported upbeat Q2

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<![CDATA[Market Wrap for Friday, January 25: Dow and S&P Climb Towards Old Highs]]> The U.S. stock market continued to climb amid low volatility conditions on Friday. Investors remain focused on quarterly earnings reports with a wide number of stocks making large moves.

The overall atmosphere remains bullish with the S&P 500 already rising nearly 5.4 percent in 2013. Both the Dow and S&P

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<![CDATA[UPDATE: Stifel Nicolaus Cuts PT to $42 on Cirrus Logic to $42 on Cautious Guidance]]> Stifel Nicolaus reiterated its Buy rating on Cirrus Logic (NASDAQ: CRUS) but lowered the price target from $45.00 to $42.00.

Stifel Nicolaus noted, "Cirrus' Audio business continued to benefit from multiple new product ramps within portable audio at its leading customer, driving another impressive growth quarter (up 84% following

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<![CDATA[UPDATE: Cirrus Logic Posts Upbeat Q3 Profit, Issues Weak Q4 Revenue Forecast]]> Cirrus Logic (NASDAQ: CRUS) reported a rise in its fiscal third-quarter profit.

Cirrus Logic expects Q4 revenue of $200 million to $220 million, versus analysts' estimates of $235 million.

Cirrus Logic's quarterly profit surged to $67.9 million, or $0.99 per share, from $16.7 million, or $0.25 per share, in

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<![CDATA[Market Wrap for Thursday, January 24: Major Averages End Mixed as Apple Drags Down Nasdaq]]> Stocks were mixed on Thursday as a disappointing earnings report from Apple (NASDAQ: AAPL) dragged the Nasdaq down while the Dow gained.

With earnings season in high gear, a number of other notable names were active on Thursday including Netflix (NASDAQ: NFLX) and Nokia (NYSE:

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<![CDATA[Suppliers Hit in Wake of Apple Earnings; Cirrus Logic Loses 10%]]> Apple (NASDAQ: AAPL) released its fiscal first-quarter earnings results after the closing bell on Wednesday. While the company's profit was above Wall Street consensus, revenues came in light. Apple also guided for second-quarter revenue which is below current analysts' consensus.

For the first-quarter, the company reported net income

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<![CDATA[Mid-Afternoon Market Update: Herbalife Rises Above Ackman's Top, SunPower Remains Down]]> Toward the end of trading Monday, the Dow traded up 0.11 percent to 13,503.56 while the NASDAQ fell 0.36 percent to 3,114.81. The S&P also fell, decreasing 0.17 percent to 1,469.25.

Top Headline Continuing its impressive rally, Facebook was upgraded at Deutsche Bank to Buy, while increasing its price target to $40.

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<![CDATA[Mid-Day Market Update: Markets Mixed After Obama Speech, Fifth & Pacific Gains]]> Midway through trading Monday, the Dow traded up 0.01 percent to 13,489.56 while the NASDAQ fell 0.52 percent to 3,109.81. The S&P also fell, decreasing 0.29 percent to 1,467.25.

Top Headline Continuing its impressive rally, Facebook was upgraded at Deutsche Bank to Buy, while increasing its price target to $40. The stock

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<![CDATA[Mid-Morning Market Update: Dendreon Continues to Rise, Apple Feels the Heat]]> Following the market opening Monday, the Dow traded down 0.18 percent to 13,463.56 while the NASDAQ fell 0.54 percent to 3,108.81. The S&P also fell, decreasing 0.34 percent to 1,466.25.

Top Headline Continuing its impressive rally, Facebook was upgraded at Deutsche Bank to Buy, while increasing its price target to $40. The

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<![CDATA[Benzinga's Top Pre-Market Losers]]> Cirrus Logic (NASDAQ: CRUS) dipped 5.64% to $29.80 in the pre-market session. Cirrus Logic's trailing-twelve-month ROA is 11.91%.

Skyworks Solutions (NASDAQ: SWKS) shares fell 4.54% to $20.40 in the pre-market trading. Skyworks is expected to conduct a conference call with analysts to discuss its Q1 results on

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<![CDATA[Mid-Day Market Update: Markets Mixed, Molycorp Takes a Beating]]> Midway through trading Thursday, the Dow traded up 0.20 percent to 13,417.20 while the NASDAQ fell 0.03 percent to 3,104.25. The S&P also rose, increasing 0.29 percent to 1,465.25.

Top Headline Nokia (NYSE: NOK) shot up over 14 percent in early trading after the company announced it had sold over

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<![CDATA[Mid-Morning Market Update: Markets Rising, Nokia Turning Around?]]> Following the market opening Thursday, the Dow traded up 0.35 percent to 13,437.20 while the NASDAQ rose 0.37 percent to 3,117.25. The S&P also rose, increasing 0.45 percent to 1,467.25.

Top Headline Nokia (NYSE: NOK) shot up over 14 percent in early trading after the company announced it had sold

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<![CDATA[Mid-Day Market Update: Markets Rise Further; BGC Partners Sees a Boost]]> Midway through trading Monday, the Dow traded up 1.32 percent to 12,755.07 while the NASDAQ rose 1.81 percent to 2,904.64. The S&P also rose, increasing 1.62 percent to 1,381.95.

Top Headline Intel (NASDAQ: INTC) chief executive officer Paul Otellini announced that he would be retiring in May. Following the news,

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