Stocks Crossing 50-Day SMA 10/22: (HRB) (MDT) (VFC) Above; (GE) (NLSN) (DRYS) Below

October 22, 2012 2:45 PM EDT
Crossing and above:
  • H&R Block, Inc. (NYSE: HRB) - up 3.3 percent. BTIG initiated coverage on the stock at Buy and $23 target.

  • Medtronic (Nasdaq: MDT) - up 0.5 percent. Higher after reporting that Resolute did not increase rates of stent thrombosis one year after interrupting dual antiplatelet therapy after 30 days following usage of the stent.

  • V.F. Corp. (NYSE: VFC) - down 5.0 percent. VF reported Q3 EPS of $3.52 and revs of $3.1 billion, versus consensus estimates EPS estimate of $3.49 and revs of $3.17 billion.

    VF sees FY2012 EPS of $9.60, versus prior guidance of $9.50 and the consensus of $9.54.
Crossing and below:
  • General Electric (NYSE: GE) - down percent. Still pressured from last Friday's quarterly results. Nomura issued positive comments on the stock this morning.

  • Nielsen Holdings (NYSE: NLSN) - down 7.1 percent. Topped Q3 EPS views by 3 cents per share, while revs of $1.42 billion were a little light.

  • DryShips, Inc. (Nasdaq: DRYS) - down 1.9 percent. The shipping segment -- both dry bulk and crude shippers -- are seeing a little pressure following Overseas Shipholding (NYSE: OSG) saying it might explore strategic alternatives.

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