Stocks Crossing 50-Day SMA 08/08: (DELL) (VC) (MHR) Above; (OWW) (SINA) (AINV) Below

August 8, 2012 1:06 PM EDT Send to a Friend
Crossing and above:
  • Dell Inc. (Nasdaq: DELL) - up 0.5 percent. On a four-session winning streak, should it close higher today. Could be seeing a little extra upside following H-P's announcement earlier of a boosted third-quarter outlook, though that was company-specific news.

  • Visteon Corp. (NYSE: VC) - up 8.9 percent. Visteon subject of some takoever chatter. Shares are up 35 percent the last three sessions.

  • Magnum Hunter Resources Corp. (NYSE: MHR) - up 1.3 percent. Getting another boost today after announcing it has closed on the acquisition of 1,885 net mineral acres located in Atascosa County, Texas for approximately $2.35 million, implying a net per acre cost of $1,246. With this acquisition, the Company now has approximately 7,278 gross acres and 5,212 net acres located in Atascosa County, Texas.

    Shares have been stuck in a $3.50 - $4.50 range over the last several sessions.

  • Global Cash Access Holdings (NYSE: GCA) - up 12.6 percent. Beat Q2 EPS views by three cents, though revs were light.
Crossing and below:
  • Orbitz Worldwide, Inc. (NYSE: OWW) - down 24.1 percent. Getting slammed following second-quarter results and light guidance for its third-quarter sales.

  • SINA Corporation (Nasdaq: SINA) - down 2.8 percent. SINA tried getting above the 50-day following a long downtrend since March, but couldn't quite stay above the level. The company said it would be reporting Q212 financial results after U.S. markets close on August 15th.

  • Apollo Investments (Nasdaq: AINV) - down 3.1 percent. Lower today after reporting in-line Q2 EPS of 20 cents. The number was down from 21 cents in the same period last year, though this year's results excluded a one cent charge. NAV fell 3 percent to $8.55.



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