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Notable ETF Movers of the Day 01/23: (XLK) Higher; (GDX) (KOL) Lower

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BMO Capital Boosts PT on IBM (IBM) Post Q4

January 23, 2013 8:29 AM EST

BMO Capital analyst Keith Bachman raised estimates and his price target on IBM (NYSE: IBM) from $220 to $233 following Q4 results. He maintained a Market Perform rating.

Bachman said Q4 results were largely in-line but notes "with a modest negative sentiment... More

Shift Into Higher-Value Business Drives IBM (IBM) to Q4 Beat, Strong FY13 EPS Outlook

January 22, 2013 4:59 PM EST

If you're talking about growth, add International Business Machines (NYSE: IBM) to that conversation.

The venerable IT giant reported revs fell one percent to $29.3 billion, though the number was up one percent after factoring-out divested RSS business. Operating net income rose 10 percent to $6.1 billion, or $5.39 per share.
... More

Newmont Mining (NEM) Issues Prelim. Q4, FY12 Production Results; Guides FY13

January 22, 2013 4:35 PM EST

Newmont Mining Corp. (NYSE: NEM) issued the following fourth-quarter and fiscal 2012 preliminary numbers:Attributable gold and copper production of 5.0 million ounces and 143 million pounds, and 1.3 million ounces and 35 million pounds for 2012 and the fourth quarter, respectively;
Attributable gold and copper sales of 4.9 million ounces and 145 million pounds, and 1.2 million ounces and 42 million pounds for 2012 and the fourth quarter, respectively;
Average realized gold and copper price of approximately $1,661 per ounce and $3.43 per pound, and $1,700 per ounce and $3.22 per pound for 2012 and the fourth quarter, respectively;
Consolidated costs applicable to... More

IBM (IBM) Tops Q4 EPS by 14c; Guides FY13 EPS Above Consensus

January 22, 2013 4:09 PM EST

IBM (NYSE: IBM) reported Q4 EPS of $5.39, $0.14 better than the analyst estimate of $5.25. Revenue for the quarter came in at $29.3 billion versus the consensus estimate of $29.1 billion.

IBM sees FY2013 EPS of at least $16.70, versus the consensus of $16.63.

For earnings history and earnings-related data on IBM (IBM) click here.... More