This Stock Has Risen More Than 4100% Over The Past Year
Stocks
turned green following a lower open after the
discovery of poison in a U.S. Senate mailroom.
Stun gun maker Taser
International
(
TASR |
Quote |
Chart |
News |
PowerRating) rose 10% after reporting earnings of $2.8 million
vs. $67,000 a year ago. Sales jumped 386% to $10.8 million, topping
expectations. Analysts cautioned investors as the stock has risen more than
4100% over the past year.
The country’s largest hospital
network HCA
(
HCA |
Quote |
Chart |
News |
PowerRating) reported a profit of $317 million on revenue of
$5.6 billion, up 11% from a year ago. Higher hospital admissions from the flu
outbreak was the main reason for higher earnings. The company raised its
quarterly dividend to 13 cents a share.
Tyco International
(
TYC |
Quote |
Chart |
News |
PowerRating)
reported a net profit of $719 million with strong growth in its electronics,
fire & security and health-care units. Revenue was up 8.6% to $9.7 billion, with
free cash flow at $736 million in the first quarter, up $600 million from the
previous year.
Goldman Sachs has
downgraded the entire US Semiconductor capital equipment sector to neutral, as
it believes the industry has passed normalized levels of free cash-flow.
| Dow | +6.74 | 10505.86 |
| S&P 500 |
+0.15 | 1135.36 |
| Nasdaq | +2.49 | 2065.64 |
The day’s leading sectors are
Amex Gold Bugs
(
HUI.X |
Quote |
Chart |
News |
PowerRating) +1.25%, Gold and Silver
(
XAU.X |
Quote |
Chart |
News |
PowerRating)
+0.97%, Semis
(
SOX.X |
Quote |
Chart |
News |
PowerRating) +0.44%, and Natural Gas
(
XNG.X |
Quote |
Chart |
News |
PowerRating)
+0.40%
Weak today are Airlines
(
XAL.X |
Quote |
Chart |
News |
PowerRating) -2.31%, and Healthcare
(
HMO.X |
Quote |
Chart |
News |
PowerRating) -1.65%, .
No Economic news releases at
this time.
10-year Notes are +115
at 113 230
The dollar
is -0.86 at 86.93
Gold is +3.20 at 402.50
Crude Oil is -0.36 at
33.15
Volume is 650,000,000 on
the NYSE, and 830,000,000 on the Nasdaq.
Market breadth is mixed.
| NYSE | Issues | |
| Advancing | 1577 | Up Vol 256 |
| Declining | 1476 | Down Vol 358 |
| Ratio | 1.07 | 1.38 |
| Nasdaq | ||
| Advancing | 1338 | Up Vol 399 |
| Declining | 1635 | Down Vol 390 |
| Ratio | 1.23 | 1.02 |
Top Dow stocks are:
Eastman Kodak [EK|EK],
+3.29% at 29.58, Alcoa
(
AA |
Quote |
Chart |
News |
PowerRating), +2.08% at 34.17, Intel [INTC|INTC],
+1.78% at 30.84, and Boeing [BA|BA]
+1.26% at 43.01.
Other Stocks
in the News:
Insurer Aflac
(
AFL |
Quote |
Chart |
News |
PowerRating) reported
fourth-quarter net income of $73 million on revenue of $2.8 billion. Income was
much lower than previous years due to write downs of its Parmalat holdings.
Pitney Bowes
(
PBI |
Quote |
Chart |
News |
PowerRating) reported
fourth-quarter earnings with higher revenue of $1.22 billion and net profit from
continuing operations of $143.6 million.
Consumer goods maker Colgate-Palmolive
(
CL |
Quote |
Chart |
News |
PowerRating)
reported earnings of $372.1 million on revenue of $2.57 billion.
Better-than-expected performance in its Latin American, Asian and European
segments helped boost earnings.
bricew@tradingmarkets.com