Stocks Crossing 50-Day SMA 11/06: (MU) (HAS) (MT) Above; (CDE) (HL) (LF) Below
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- Tech shares and muted GDP growth push S&P 500 to record
- No clean bill of health for EU banks in stress test
- Private equity firms focused on Hewlett Packard asset sales: sources
- Tesla (TSLA) Gains as Panasonic Seeks to Raise $3.9B for Gigafactory
Crossing and above:
- Micron Technology Inc. (Nasdaq: MU) - up 3.6 percent. Showing some strength above the key $6 level. Shares have ended higher two of the last three, potentially three of four with today's close in positive territory.
- Hasbro Inc. (NYSE: HAS) - up 4.8 percent. Hasbro initially chugging higher following a positive blog post about Disney (NYSE: DIS) possibly taking a look at the company, though Hasbro has since denied that chatter.
- Arcelor Mittal (NYSE: MT) - up 5.0 percent. Amid Moody's cutting Arcelor Mittal's rating to Junk, with outlook Negative, shares are popping higher on the session. Maybe something worse was expected?
- Coeur D'Alene Mines (NYSE: CDE) - down percent. Reported Q3 EPS of $0.29 and revs of $230.6 million, versus consensus EPS of $0.43 and revs of $246.03 million.
- Hecla Mining Co. (NYSE: HL) - down 6.9 percent. Reported Q3 EPS of $0.01 and revs of $81.87 million, compared with expectations calling for EPS of $0.04 and revs of $80.32 million.
- LeapFrog Enterprises Inc. (NYSE: LF) - down 9.5 percent. Topped Q3 expectations by 19 cents and guided fiscal 2012 EPS above views. Imperial Capital even issued bullish comments on the company, but to no avail today. Click here for more color on the call.
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