The big bets on Applied Materials continue with one trade wagering $1.15 million that the stock will rally in the next 90 days.» Read More
Apple Inc. fell. 8 percent to $123.25 with 38,221,800 shares traded. BlackBerry Ltd. rose 1.7 percent to $9.46 with 25,276,400 shares traded. Cisco Systems Inc. rose. 1 percent to $27.13 with 19,514,500 shares traded.
Advanced Micro Devices Inc. rose. 8 percent to $2.65 with 27,843,800 shares traded. Apple Inc. rose. 7 percent to $124.24 with 45,918,300 shares traded. Applied Materials Inc. fell 1.0 percent to $22.40 with 34,520,300 shares traded.
Advanced Micro Devices Inc. fell 5.7 percent to $2.63 with 26,588,200 shares traded. Apple Inc. fell 2.6 percent to $123.38 with 49,927,700 shares traded. Applied Materials Inc. fell 5.3 percent to $22.63 with 24,851,800 shares traded.
American Airlines Group Inc. rose. 4 percent to $53.90 with 10,513,200 shares traded. Apple Inc. fell. 3 percent to $126.68 with 21,898,500 shares traded. Applied Materials Inc. fell 1.4 percent to $23.86 with 11,126,600 shares traded.
*Netanyahu warns Obama against Iran deal. Soft auto sales numbers and Iran commentary also gave some investors pause after a strong run-up for major indexes in February. It made sense to have little bit of a pullback here, "said Brian Lazorishak, portfolio manager at Chase Investment Counsel in Charlottesville, Virginia.
Some of the names on the move ahead of the open.
Feb 11- Applied Materials Inc said new orders in its business that makes semiconductor equipment and made-to-order chips fell in the first quarter due to weak demand from foundry customers. Applied Materials' shares fell 3 percent to $23.53 in extended trading. Revenue in the unit, which accounts for about 60 percent of Applied Materials' total revenue,...
Check out which companies are making headlines after the bell Wednesday: Tesla, Cisco, Whole Foods & more.
Feb 11- Semiconductor equipment maker Applied Materials Inc said new orders in its business that makes made-to-order chips fell in the first quarter due to weak demand for logic chips. Applied Materials' shares fell 3 percent to $23.53 in extended trading. Revenue in the unit, which accounts for about 60 percent of Applied Materials' total revenue, declined 2.6...
Feb 11- Chip-equipment maker Applied Materials Inc reported a 7.7 percent rise in quarterly revenue as contract chip manufacturers spent more on technology used to make smartphone and memory chips. Applied Materials said net profit rose to $348 million, or 28 cents per share, for the first quarter ended Jan. 25, from $253 million, or 21 cents per share, a year...
U.S. stocks turned higher on Wednesday, amid continued focus on developments in Greece's negotiations with the euro zone finance ministers.
NEW YORK, Feb 11- U.S. stocks edged lower on Wednesday as investors worried about how much risk they should take on while they waited for the outcomes of major talks involving Greece and Ukraine. Adding to the market's uncertainty, the leaders of France, Germany, Russia and Ukraine began peace talks in Belarus, while in Ukraine pro- Moscow separatists tightened the...
*Apple lifts Nasdaq after solar deal. *Rite Aid to buy EnvisionRx for about $2 billion. "We all know what the big problem is- if the Greeks exit, so can others and that would throw this whole EU thing into disarray," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.
*Rite Aid to buy EnvisionRx for about $2 billion. NEW YORK, Feb 11- U.S. stocks were little changed on Wednesday, a day after the S&P 500 reached its highest level of the year and ahead of a meeting of euro zone finance ministers to discuss plans for Greece's debt. "It looks like we are kind of hanging in and waiting to see if there are any fireworks," said Peter Jankovskis,...
*PepsiCo climbs in premarket after results. *Rite Aid to buy EnvisionRx for about $2 billion. "It looks like we are kind of hanging in and waiting to see if there are any fireworks," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.
U.S. stock index futures signaled a lower open on Wednesday, ahead of a crucial meeting of European finance ministers to discuss Greece's bailout.
*PepsiCo climbs in premarket after results. *Rite Aid to buy EnvisionRx for about $2 billion. *PepsiCo rose 2.6 percent to $100.50 before the opening bell after the maker of soft drinks and Tropicana beverages posted quarterly results.
Two market veterans tell CNBC's "Power Lunch" how to make money in volatile market during economic recovery.
WASHINGTON, Feb 9- Some critics blame the 35- percent U.S. statutory corporate income tax rate for a recent wave of foreign reincorporations by U.S. companies, but a Reuters analysis shows many other factors were involved. The medical device maker's buyout of Covidien Plc, of Ireland, is nearing completion. The new company will be managed from Minneapolis, but...
*Wave of inversion deals had many causes, experts say. *Earnings stripping, foreign profits seen as key. WASHINGTON, Feb 9- When a series of big U.S. companies last year moved to reincorporate abroad in inversion deals, some Republican lawmakers and tax policy critics blamed the high U.S. corporate tax rate.