PennyStocksUpdate.biz is devoted to fetch you the most exclusive stocks in the market today. Apart from scanning the markets for the most underrated stocks. We propel those victors directly to your email inbox first ahead of the rest of the marketplace gets a prospect.
New York, NY -- (SBWIRE) -- 10/25/2012 -- Procter & Gamble's (NYSE:PG) better than expected third-quarter earnings may help the company's embattled chief executive Bob McDonald prove a plan to cut billions in costs is working. P&G's Thursday earnings also signal that an activist push by William Ackman of Pershing Square Capital Management is bearing fruit for investors, as some top shareholders like Warren Buffett of Berkshire Hathaway hit the exits.At issue for P&G is whether CEO McDonald can lead a right-sizing of the consumer products giants' costs, as investors like Ackman of Pershing Square clamor for C-Suite change and a refocus on new product research and development. Procter & Gamble (NYSE:PG) is +2.30 - +3.38% from the previous close of $68.08. It traded between $69.58 - 70.83 with total traded volume of 14674628 shares. At Current Market Price, PG is in the distance of +2.22% from its 50-day Moving Average price of $68.8486 and +7.60% from its 200-day Moving Average price of $65.4114.
Can PG Continue To Move Higher? Find Out Here
Intel Corporation (NASDAQ:INTC) processors. No details regarding prices and availability of its Windows 8 offerings were declared by Gigabyte. Gigabyte has a new slate computer called the S1082 that features a 10.1-inch display with 1366 by 768 pixel resolution. It uses an Intel dual-core processor, with a hard drive (HDD) storage capacity of 500GB and varied ports, including Ethernet, 2 USB ports, HDMI, and an SD card reader. There is a 1.3 megapixel camera attached on the front; a separate multimedia docking station increase the battery time and have a DVD drive, 3 USB ports and better speakers. Shares of INTC traded up +0.99% during the current trading session, hitting $21.67. The share price of INTC is trading today in a range of $21.53 to $21.75. The company has a market value of $108.62 billion. The stock is currently trading -7.37% down their SMA 50 and -25.21% of the 52-week high. The worst hit in its 52 week range is $21.22 per share, with $29.27 as its 52 week best price that compares with a latest price of $21.67. Its latest trading price has a distance of -1.74% from SMA 20 and is -15.51% down than SMA200.
Can INTC Recover? Find Out Here
Hewlett-Packard (NYSE:HPQ) announced its third quarter fiscal 2011 financial results and issued revised guidance. Hewlett-Packard also announced several major shifts in its long-term business model, including that it "will discontinue operations for webOS devices, specifically the TouchPad and webOS phones." This sudden announcement followed the President and CEO's resignation earlier for violations of Company policy, and HPQ's stock price declined $1.88 per share, to close at $29.51 per share. This news led to shareholder derivative and fraud lawsuits filed against Hewlett-Packard. Since the beginning of 2011 Hewlett-Packard's stock price fell from over $48 per share to recently under $15 per share, well below its 2009 low trading price. Hewlett-Packard employees who invested in Company stock through the plan may have purchased at an artificially inflated price or otherwise been damaged. Company employees have rights under ERISA that have not been asserted in the existing shareholder lawsuits.
How Should Investors React To HPQ Now? Check here
Best Buy Co. (NYSE: BBY) had its target price trimmed by TD Newcrest to $20.00 in a research note issued to investors on Thursday. The firm currently has a buy rating on the stock.A number of other analysts also recently weighed in on BBY. Analysts at UBS AG cut their price target on shares of Best Buy Co. to $18.00 in a research note to investors on Thursday. They now have a neutral rating on the stock. Separately, analysts at Janney Montgomery Scott reiterated a buy rating on shares of Best Buy Co. in a research note to investors on Wednesday, October 10th. They now have a $26.00 price target on the stock. Finally, analysts at Janney Montgomery Scott reiterated a buy rating on shares of Best Buy Co. in a research note to investors on Friday, September 28th. They now have a $26.00 price target on the stock.Shares of Best Buy Co. traded down 9.16% during mid-day trading on Thursday, hitting $15.37. Best Buy Co. has a 52 week low of $16.25 and a 52 week high of $28.53. The company’s market cap is $5.175 billion. Best Buy Co. last announced its earnings results on Tuesday, August 21st. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.31 by $0.11. The company’s quarterly revenue was down 2.8% on a year-over-year basis. On average, analysts predict that Best Buy Co. will post $3.15 earnings per share for the current fiscal year.
Will BBY Shareholders Sell on Bad Sector News? Free Sign Up Here
Neither PennyStocksUpdate.biz nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by PennyStocksUpdate.biz, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation.PennyStocksUpdate.biz makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through PennyStocksUpdate.biz. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned here in..
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)