Focus Stocks
Around The Street
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- 2012's stellar start has been an orderly march higher that has a good chance of turning out better than 2011's early surge.
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- VIVUS, Limited Brands, HP and Polypore were among the stocks attracting trading interest in Wednesday's extended session.
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- The trading panel said HP is a good long-term bet despite a disappointing earnings report.
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- Cramer explains why high gas prices hasn't had a negative impact on the markets.
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- Cramer says the stock has room to go higher, although he advises to wait for a down day.
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- HP reported its first-quarter results after market close on Wednesday, posting mixed earnings numbers and weaker-than-expected guidance.
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- The stock nearly doubles after an advisory committee says the obesity drug should be granted marketing approval.
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- Polypore shares tank after an earnings miss and weak outlook.
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- These stocks are among the best performers in the S&P 500 Wednesday.
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- Breadth within the Dow was negative with 20 of the index's 30 components posting losses.
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- The Republican presidential hopefuls return to the debate stage in a final run before Super Tuesday.
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- This quarter marks the first full period for the Dow component with CEO Meg Whitman under the helm.
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- The Dow component that led the way higher today was Caterpillar (NYSE:CAT), which sported an 81-cent gain (+0.7%) bringing the stock to 5.81. Holding the Dow back today was Chevron (NYSE:CVX), which lagged the broader Dow index with a 91-cent decline (-0.8%) bringing the stock to 7.50.
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- U.S. stocks fall amid weak manufacturing reports from Europe and China and uncertainty about whether Greece can implement its debt deal.
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- Despite the financial sector's strong year-to-date returns, these banks still trade below tangible book value, and analysts see a hefty payday down the line for investors.
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- RadioShack (NYSE:RSH) hit a new 52-week low Wednesday as it is currently trading at .14, below its previous 52-week low of .15 with seven million shares traded as of 3:50 p.m. ET. Average volume has been 2.6 million shares over the past 30 days.
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- The largest U.S. financial names pulled back on Tuesday, on mixed economic news and an announcement of an 'inquiry' into banks overdraft fee practices by the Consumer Financial Protection Bureau.
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- If Goldman Sachs hostile bid 'adequacy' opinions may be a signal of rising valuations.
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- These stocks hit 52-week highs on Wednesday.
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- TheStreet's biotech columnist Adam Feuerstein is providing live coverage of the FDA advisory panel reviewing Vivus' obesity pill Qnexa.
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- Cubist Pharmaceuticals (Nasdaq:CBST) hit a new 52-week high Wednesday as it is currently trading at .50, above its previous 52-week high of .39 with 737,797 shares traded as of 3:15 p.m. ET. Average volume has been 798,900 shares over the past 30 days.
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- Procera Networks (Nasdaq:PKT) is trading at unusually high volume Wednesday with 1.1 million shares changing hands. It is currently at four times its average daily volume and trading up 86 cents (+4.5%).
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- Kodiak Oil & Gas (NYSE:KOG) hit a new 52-week high Wednesday as it is currently trading at .44, above its previous 52-week high of .41 with 6.3 million shares traded as of 3:05 p.m. ET. Average volume has been nine million shares over the past 30 days.
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- Newfield Exploration Company (NYSE:NFX) is trading at unusually high volume Wednesday with 9.2 million shares changing hands. It is currently at four times its average daily volume and trading down .25 (-12.4%).
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- With sharp increases in share prices of Apple, Microsoft and others, some are questioning whether tech's heading for another bubble.
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