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Los Angelas, CA -- (SBWIRE) -- 10/17/2012 -- News Corporation (NasdaqNM:NWSA) is very active today and traded between $24.49 - 24.95 with total traded volume of 10321595 shares. At a current price of 24.77,NWSA is +0.41 - +1.68% from the previous close of $24.36. Moreover, At Current Market Price, NWSA is in distance of +1.57% from its 50-day Moving Average price of $24.3871 and +13.76% from its 200-day Moving Average price of $21.7742. News Corp.'s (NWS,NWSA) shareholders backed the company's board, including two new nominations, and struck down a proposal to elect an independent chairman. Chief Executive and Chairman Rupert Murdoch told shareholders at News Corp.'s annual meeting that all of the nominated board members had been approved, based on a preliminary count of shareholder votes. A final count will be reported in a coming regulatory filing, News Corp. said. News Corp. owns Dow Jones & Co., publisher of this newswire and The Wall Street Journal. Mr. Murdoch also said a proposal to elect an independent chairman, which would have stripped him of his dual role as chairman and chief executive, hadn't passed the shareholders' vote.
Should Investor Hold For Next Target Or Exit From NWSA : CHECK HERE
Intel Corporation (NasdaqNM:INTC) is +0.62 - +2.85% from the previous close of $21.73. It traded between $21.95 - 22.47 with total traded volume of 80706912 shares. Keep a close eye on INTC, as the stock has been showing unusual moves over the past weeks. At Current market price, INTC has recovered +4.44% from its 52-week Low of 21.40 and has Pulled back -23.64% from its 52-week high of 29.27. Intel Corp. (INTC) reported that its third-quarter net income decreased to $2.97 billion or $0.58 per share, from $3.47 billion or $0.65 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.50 per share for the quarter. Analysts' estimates typically exclude special items. Non-GAAP net income for the quarter was $3.12 billion or $0.60 per share, down from $3.63 billion or $0.68 per share last year. Net revenues for the quarter declined to $13.46 billion from $14.23 billion in the prior year quarter. Forty three analysts had consensus revenue estimate of $13.23 billion for the quarter. For the fourth-quarter, the company expects revenue of $13.6 billion, plus or minus $500 million. Forty two analysts have consensus revenue estimate of $13.78 billion for the fourth-quarter.
Can INTC Touch Its Previous High : FIND OUT HERE
Citigroup, Inc. C (NYSE:C) reported EPS of 3.452. For the Current Fiscal year, the company is expected to report EPS of 4.10. For the Next Quarter and Next Year, the company is expected to report EPS of 1.19 and 4.55 respectively. At Current Market Price, Cis in distance of +12.32% from its 50-day Moving Average price of $33.1646 and +23.75% from its 200-day Moving Average price of $30.1004. Shares of Citigroup Inc. (NYSE:C) soared in the last trading session after reporting better than expected profit results for the third quarter. Separately, Citigroup announced today that it has extended its offers for offshore yuan products and services of China into South Africa, Nigeria, Kenya, Zambia and Cameroon, citing the expansion of commercial flows between Africa and China. At the current trading session, Citigroup Inc. (NYSE:C) shares gained +0.95% to $37.01 while the stocks are trading within the range of $36.25 – $37.40. In the past year, the stock has traded within a range of $23.30 – $38.40. Average daily trading volume is 38.39 million shares.
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Johnson & Johnson (NYSE:JNJ) is +0.95 - +1.38% from the previous close of $68.60. It traded between $69.02 - 69.80 with total traded volume of 13689960 shares. At Current Market Price, JNJ is in distance of +1.57% from its 50-day Moving Average price of $68.4723 and +4.48% from its 200-day Moving Average price of $66.5657. JNJ jumped to a seven-year high of $69.80, after the blue-chip announced third-quarter results that beat analysts' expectations, as well as an upwardly revised full-year fiscal forecast. In 2012, JNJ has added a respectable 6%. More recently, the equity has found support atop its 20-week moving average -- a trendline that has ushered JNJ higher since mid-June. Pessimism among options players was steep ahead of earnings, though.
Where's The Selling Point Of JNJ : CLICK HERE
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