Mark Moneymaster

GameStop Corp. (GME) Heading Towards Its 200 Day MA

GameStop Corp. (NYSE: GME) climbed the most in the Standard & Poor’s 500 Index, after it soared 9.7% $21.78 by early afternoon trading. The world’s largest video-game retailer GameStop Corp. (GME) reported fourth-quarter profit of $1.29 a share, beating the average analysts’ estimates marginally.

Advanced Micro Devices Inc. (AMD) All Set To Test Lower Support Level Of $8.80

Advanced Micro Devices (NYSE: AMD) fell 3.1% by mid-day trading on Thursday to $9.38. The maker of personal-computer processors Advanced Micro Devices (AMD) was rated “underperform” in a new coverage by Macquarie Group Ltd.

Shoe Carnival Inc. (SCVL) All Set To Move Into Bullish Zone

Shoe Carnival Inc. (NASDAQ: SCVL), a seller of shoes and accessories, has reported a Q4 profit, helped by lower expenses and improving sales. Shoe Carnival Inc. (SCVL) also forecast first-quarter results better than analysts’ estimates.

Nike Inc. (NKE) Appears Promising On Charts After Forming New 52 Week High

Nike Inc. (NYSE: NKE) set a new 52-week high after a gap-up opening on Thursday once the Q3 earnings of athletic shoe and clothing company beat street expectations. An analyst simultaneously raised expectations after the upbeat earnings posted by Nike Inc. (NKE).

Air Products & Chemicals (APD) Yet to Change Track to Bullish Zone

Air Products and Chemicals Inc.(NYSE: APD) announced that that its board had raised the company's quarterly dividend to 49 cents a share from 45 cents. The dividend is payable to shareholders of record as of April 1.

Teva Pharmaceuticals (TEVA) Consolidates On Wednesday's Gains

Teva Pharmaceutical Industries (NASDAQ: TEVA) was among the large-cap drug stocks to gain in morning trading on Thursday, gaining on news that it plans to buy German generic drug-maker Ratiopharm Group International for $5 billion.

CIT Group Inc. (CIT) To Attract Selling On Further Rise

CIT Group Inc. (NYSE: CIT) gained 4.2% to $37.81 by early afternoon trading on Wednesday. The commercial lender CIT Group Inc. (CIT) told investors its book value increased to $41.99 a share, more than forecast and 15% above its stock price.

Fuqi International Inc. (FUQI) Moves Into Bearish Zone On Charts

Kendall Law Group today announced that it is investigating Fuqi International, Inc. (NASDAQ: FUQI) for potential violations of state and federal securities laws. The investigation was triggered by recent reports from Fuqi International Inc.

Polycom Inc. (PLCM) Moves Into A Fresh High Trajectory With Strong Volumes

Private equity firm Apax Partners has got into talks with Polycom Inc. (NASDAQ: PLCM) to take the U.S. video conferencing company private for more than $3 billion sent the Polycom Inc. (PLCM) the stock soaring by over 9% by early afternoon trading.

Abraxis Biosciences Inc. (ABII) To Test Resistance Level Around $55.40

Abraxis Biosciences Inc. (NASDAQ: ABII) rallied nearly 32% to $51.53, following the positive Phase III clinical results for Abraxane, its drug candidate for treating lung cancer. Abraxis Biosciences Inc.