Thursday, August 23, 2012

MARKET PULSE-Facebook, Daktronics, Urban Outfitters, Nordson

Aug 21 (Reuters) - Some U.S. stocks on the move on Tuesday:

WALL ST HITS FOUR-YEAR HIGH

Wall Street hit a four-year high as equity markets continue

to grind steadily higher on hopes that central banks will act in

the near future to stimulate their economies.

The Dow Jones industrial average was up 0.19 percent,

the S&P 500 Index was up 0.35 percent, and the Nasdaq

Composite was up 0.52 percent. (0958 ET)

** FACEBOOK INC, $19.70, down 2.2 pct (1015 ET)

The social networking site's director Peter Thiel sold

roughly $400 million worth of shares in the company last week,

cashing out most of his stake, according to a regulatory filing.

** SuperMedia Inc, $3.96, up 53 pct

** Dex One Corp, $1.78, up 43 pct (1030 ET)

The directory publishers said they will combine in a

stock-for-stock merger.

** BEST BUY CO INC, $16.60, down 8.5 pct (0936 ET)

The world's largest consumer electronics chain cut its

fiscal-year profit outlook citing lower expectations for

industrywide sales and uncertainty about key product

introductions, and the company suspended its share buybacks for

the year.

** DELL INC, $12.71, up 1.2 pct (0944 ET)

The PC maker, which has been training its sights on serving

larger enterprise customers over the past few years, will update

markets on the plight of a PC industry beset by smartphones and

tablets when it reports second-quarter results.

** GROUPON INC, $4.46, down 4.3 pct (0939 ET)

Barclays Capital downgraded Groupon stock to "underweight"

from "overweight" and slashed its price target as the company

faces a slowdown at its core daily deal business.

** GLOBE SPECIALTY METALS INC, $15.55, up 10 percent

(1010 ET)

The company reported higher quarterly sales and profit and

raised its annual dividend by 25 percent.

** DAKTRONICS INC, $9.93, up 23.7 pct (0937 ET)

The electronic scoreboard and billboard maker reported

better-than-expected quarterly results on high-margin contracts

in its live events and transportation segments, and forecast

higher sales in the second quarter.

** URBAN OUTFITTERS INC, $36.40, up 16.4 pct (0940

ET)

The clothing retailer's quarterly results handily beat Wall

Street expectations on Monday as its namesake store attracted

more shoppers.

** REX ENERGY CORP, $13.04, up 8 pct (1034 ET)

Capital One Southcoast Inc upgraded its rating on the oil

and natural gas producer's stock to "strong buy" on its exposure

to the Utica shale after rivals such as Gulfport Energy Corp

announced positive results from the shale.

** LIFE PARTNERS HOLDINGS INC, $1.40, up 12 pct

(0938 ET)

The company, which trades in the secondary market for life

insurers, said a Texas district judge refused to grant state

officials the right to block the company from doing business or

appoint a receiver.

** NETLIST INC, $1.91, up 12.2 pct (1026 ET)

The computer memory system maker said its flagship

HyperCloud memory modules have shown improved data transfer

speed on IBM Corp's servers.

** NORDSON CORP, $61.20, up 11 pct (0940 ET)

The maker of precision dispensing machines, used in

manufacturing of consumer goods, forecast a strong fourth

quarter on Monday after it posted a quarterly profit above

analysts' estimates.

** AMERICAN WOODMARK CORP, $20.14, up 10.4 pct

(0952 ET)

The kitchen cabinet maker posted better-than-expected

quarterly results as margins improved.

** H&E EQUIPMENT SERVICES INC, $19.04, up 8.7 pct

(0940 ET)

The industrial equipment maker declared a one-time special

cash dividend of $7 per share.

** DSW INC, $64.44, up 5.3 pct (0942 ET)

The footwear retailer posted higher-than-expected quarterly

results as value-conscious customers continued to shop at its

stores.

** BARNES & NOBLE INC, $12.68, up 2.6 pct (0943 ET)

The largest U.S. bookstore chain reported a smaller

first-quarter net loss helped by a pickup in sales of digital

content and the popularity of the Fifty Shades series.

** TRINA SOLAR LTD, $4.88, up 0.9 pct (0941 ET)

China-based Trina Solar Ltd reported its fourth straight

quarterly loss on a slump in selling prices and the company cut

its full-year shipment outlook for solar panels.

** RAVEN INDUSTRIES INC, $29.99, down 6.6 pct (0949

ET)

The diversified manufacturer reported a lower quarterly

profit due to weakness at its Aerostar division.

** TECH DATA CORP, $50.02, down 3.8 pct (0936 ET)

Technology products distributor Tech Data Corp's quarterly

profit fell much short of analysts' estimates, pulled down by a

stronger dollar and a fall in margins, and the company forecast

declining third-quarter sales in the Americas.

** MEDTRONIC INC, $41.22, down 0.6 pct (0943 ET)

The world's biggest heart device maker reported higher

quarterly earnings in line with Wall Street forecasts, but sales

in its key cardiac rhythm management unit showed continued

weakness.

** CHENIERE ENERGY PARTNERS LP, $24.66, up 0.5 pct

(0938 ET)

China Investment Corp and the Government of

Singapore Investment Corp have invested a combined $1

billion in U.S.-based Cheniere Energy's planned liquefied

natural gas (LNG) export plant, a source with knowledge of the

matter said.

Source: http://news.yahoo.com/market-pulse-facebook-daktronics-urban-outfitters-nordson-143719170--sector.html

ground hog day 2012 aaron carter black history month did groundhog see his shadow soul train don cornelius rod parsley barry sanders jr

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.