National Semiconductor Corp. (NYSE: NSM) is falling following a weak forecast for the Q2. Miller Tabak upgraded the Santa Clara, Calif.-based microchip maker from Neutral to Buy, while maintaining a $17 price target. Shares are down by 7.52% at $11.93 and made a new 52-week low of $11.84 earlier in the session. (NYSE:NSM), (NSM)
Smith & Wesson Holding Corp. (NASDAQ: SWHC) is down 8.84% to $3.61 on volume of 3.41 million shares. The Springfield, Massachusetts-based gun maker reported Q1 profit of $6.2 million, down from the year-ago quarter’s $12.4 million, while revenue dropped 6.7% to $94.9 million. (NASDAQ:SWHC), (SWHC)
Texas Instruments Inc. (NYSE: TXN) is down 2.22% to $23.31 on volume of 8.65 million shares. The Dallas-based chip maker on Thursday narrowed its earnings and sales forecast for the Q3. (NYSE:TXN), (TXN)
American Eagle Outfitters (NYSE: AEO) is rising following the report that its Chairman Jay Schottenstein bought $6.8 million of shares. Shares are up by 5.99% at $14.26 on 5.25 million shares. (NYSE:AEO), (AEO)
PG&E Corp. (NYSE: PCG) is sliding following last night’s report that one of the utility company’s gas lines exploded in the neighborhood of San Bruno. Morgan Stanley downgraded PCG shares to Equal Weight from Overweight. Shares are down by 6.43% at $45.17 on above-average volume of 14.66 million shares. (NYSE:PCG), (NYSE:PCG)
Nokia Corp. (ADR) (NYSE: NOK) is higher after naming a Microsoft executive as its new CEO. Shares are up by 1.64% at $9.92 on volume of 52.17 million shares, over two times the average volume. (NYSE:NOK), (NYSE:NOK)
Capstead Mortgage Corp. (NYSE: CMO) is falling after the company cut its dividend for the fifth straight quarter. The Dallas-based real estate investment trust (REIT) declared a Q3 dividend of 26 cents, payable Oct. 20, to shareholders of record as of Sept. 30. Shares are down by 4.23% at $11.31 on above-average volume of 2.15 million shares. (NYSE:CMO), (CMO)
K-V Pharmaceutical Company (NYSE: KV-A) is up 64.50% to $2.78 on nearly 14 times its average volume, boosted by news that the FDA has allowed the specialty pharmaceutical company to relaunch its product. (NYSE:KV-A), (KV-A)
Warner Music Group Corp. (NYSE: WMG) is up 6.13% to $5.02 on volume of over 840K shares, compared to average volume of 297K shares. The stock has a 52-week range of $4.00 – $8.02. (NYSE:WMG), (WMG)
-
Want more? Check out the message board buzz for these stocks
-
See what newsletters are recommending these stocks here
-
Get breaking news alerts on these stocks: http://thestockmarketwatch.com/
- Need fast service and cheap rates from a broker? Buy stock online at my favorite brokerage
- See today’s top stock picks and market analysis
- Want more? Check out the message board buzz for these stocks
- See what newsletters are recommending these stock picks
- Get breaking news alerts on these stocks: http://thestockmarketwatch.com/
- This newsletter has been helping traders make a killing on these stocks. Click here for a 25% discount offer.
About BeaconEquity.com
BeaconEquity.com is committed to producing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily OTC stocks in the stock market today, which have traditionally been shunned by Wall Street. We have particular expertise with renewable energy stocks, biotech stocks, oil stocks, green energy stocks and internet stocks. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
Beacon Equity Group Disclaimer
This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Beaconequity.com is a wholly-owned subsidiary of BlueWave Advisors.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
