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Stocks Crossing 50-Day SMA 07/23: (HAL) (CHK) (VRNG) Above; (MCD) (FCX) (ITMN) Below

July 23, 2012 1:41 PM EDT
Crossing and above:
  • Halliburton Co. (NYSE: HAL) - up 1.8 percent. Reported second-quarter 2012 EPS of 82 cents on revs of $7.2 billion, compared with consensus views calling for EPS of 75 cents and revs of just $6.97 billion.

  • Chesapeake Energy Corp. (NYSE: CHK) - up 1.0 percent. Making headway as nat gas might be tapped further with continued above-normal temps expected across much of the U.S.

  • Eaton Corp. (NYSE: ETN) - up 5.6 percent. Reported second-quarter 2012 EPS of $1.15, besting views by six cents. Revs at $4.1 billion were below expectations. Shares have been below the 50-day since at least March.

  • Vringo (AMEX: VRNG) - up 9.2 percent. Getting positive sentiment from a financial blog post about the potential fallout from a patent win against Google.
Crossing and below:
  • McDonald's Corp. (NYSE: MCD) - down 2.9 percent. Slumping after reporting second-quarter EPS of $1.32 while comps rose 3.7 percent. The Street was looking for EPS of $1.38 and comps increase of 2.9 percent.

  • Freeport-McMoRan Copper & Gold (NYSE: FCX) - down 3.4 percent. Copper lower Monday on pressure from Europe. The commodity is down 12 percent since the start of April as growth in China is slowing and the U.S. recovery still isn't on solid ground. Freeport is about $25 off of its annual high, hit at the same time last year.

  • InterMune, Inc. (Nasdaq: ITMN) - down 14.4 percent. For its second quarter, the Company reported a wider-than-expected loss of 78 cents per share. The stock was recently trading above the 50-day since mid-June, but has largely been below the measure since November 2011.

  • Duke Realty Corp. (NYSE: DRE) - down 1.2 percent. Has been supported by the 50-day since breaking above the level on June 28th. Notably, the 100-day is currently at $14.25, showing some flattish action in Duke shares over the last few months. It seems like Duke is locked in a channel spanning from $13.5 to $15.


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