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2014 Oct 17, 4:43pm
TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
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ITT Educational Services Shares Soar On Preliminary Results
2014 Oct 17, 11:00amShares of ITT Educational Services, Inc. (NYSE: ESI) have appreciated greatly in the past two trading sessions. On Thursday, the company filed its amended 10-Q financial reports for the past three quarters. In addition, the company announced that it will conduct a conference call on October 17...
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Top Performing Industries For October 17, 2014
2014 Oct 17, 10:59amAt 10:50 am, the Dow jumped 1.45% to 16,351.38, the broader Standard & Poor's 500 index moved up 1.47% to 1,890.14 and the NASDAQ composite index rose 1.43% to 4,277.86. The industries that are driving the market today are: Computer Based Systems: The industry gained 4.04% by 10:50 am. The...
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Benzinga's Volume Movers
2014 Oct 17, 10:45amTetraphase Pharmaceuticals (NASDAQ: TTPH) shares moved up 13.97% to $22.92. The volume of Tetraphase Pharmaceuticals shares traded was 512% higher than normal. Tetraphase Pharma priced 3.95 million shares of common stock at $19.00 per share. Xilinx (NASDAQ: XLNX) shares rose 7.12% to $41.23. The...
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Stocks Hitting 52-Week Highs
2014 Oct 17, 10:31amSonic (NASDAQ: SONC) shares reached a new 52-week high of $23.87. Sonic's PEG ratio is 1.75. Strayer Education (NASDAQ: STRA) shares rose 1.36% to touch a new 52-week high of $63.92. Strayer Education is expected to host a conference call to discuss its Q3 earnings on October 30. Tree.Com (NASDAQ:...
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Morning Market Movers
2014 Oct 17, 9:49amITT Educational Services (NYSE: ESI) shares jumped 65.53% to $9.22 as the company reported an 8.1% drop in preliminary Q2 new enrollments and a 9.5% fall in preliminary Q3 new enrollments. The company had earlier expected Q2 new enrollments to fall 10% to 15%. Westmoreland Coal Co (NASDAQ: WLB)...
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Cruise Line Stocks Trending Lower On Ebola Worries
2014 Oct 17, 8:58amCruise Line stocks are indicating a lower open in the premarket, as Ebola fears continue. It is reported that a Texas hospital worker that handled Ebola samples is quarantined on a Caribbean Cruise ship in Belize. Royal Caribbean Cruises Ltd (NYSE: RCL): down 1 percent Carnival Corporation (...
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Credit Suisse Says Google's Quarter Was 'Uneventful,' Remains Focused On The 'Big Picture'
2014 Oct 17, 8:55amCredit Suisse analyst Stephen Ju believes Google's (NASDAQ: GOOG) quarter was "uneventful" and although he reduced his estimates, the price target only fell to $722 from $723, while he maintained his Outperform rating. In the quarter, strength in Google Play revenue offset weaker-...
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Benzinga's Top #PreMarket Gainers
2014 Oct 17, 8:07amIBio (NYSE: IBIO) shares jumped 10.58% to $2.09 in pre-market trading after surging 35.97% on Thursday. Noble Energy (NYSE: NBL) shares jumped 10.06% to $62.37 in pre-market trading after rising 3.32% on Thursday. Sarepta Therapeutics (NASDAQ: SRPT) shares rose 9.87% to $24.50 in pre-market...
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Benzinga's M&A Chatter for Thursday October 16, 2014
2014 Oct 17, 12:02am
The following are the M&A deals, rumors and chatter circulating on Wall Street for Thursday October 16, 2014: Hearing Deal Reporter Says Woodside May Pay Up to $4B for Interoil The Rumor:Shares of InterOil Corporation (NYSE: IOC) rose Thursday, on a report from Deal Reporter that Woodside...
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2014 Oct 16, 5:07pm
Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
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Advanced Micro Devices Shares Down ~6.5% After-Hours
2014 Oct 16, 4:32pmBZ NOTE: Advanced Micro Devices, Inc. Reports Q3 EPS of $0.03 vs $0.04 Est; Revenue of $1.43B vs $1.47B Est AMD Expecting Q4 Sales Down in 10-16% Range on QoQ Basis AMD Announces Restructuring Plan
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Shares Of Google Are DOwn Over 3% After-Hours
2014 Oct 16, 4:30pmBZ NOTE: Google Inc. Reports Q3 EPS of $6.35 vs $6.37 Est; Revenue of $13.20B vs $13.23B Est
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Xilinx Shares Gain Over 6% After-Hours
2014 Oct 16, 4:29pmBZ NOTE: Xilinx, Inc. Reports Q2 EPS of $0.62 vs $0.56 Est; Revenue of $604.30M vs $602.12M Est
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Sarepta Shares Now Up Over 5% After-Hours
2014 Oct 16, 4:27pmBZ NOTE: Sarepta Therapeutics Announces Publication of Ebola and Marburg Phase I Clinical Study Results in Antimicrobial Agents and Chemotherapy
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