Notable ETF Movers of the Day 01/23: (XLK) Higher; (GDX) (KOL) Lower
- Shares jump on tech boost; fragile yen on intervention watch
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Dollar recovers from PMI slump, yen closes in on 155 per dollar
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla, AT&T, Biogen and Hasbro rise premarket; Uber, Enphase fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
BMO Capital Boosts PT on IBM (IBM) Post Q4
January 23, 2013 8:29 AM ESTBMO 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 ESTIf 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 ESTNewmont 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 ESTIBM (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