D.R. Horton, Inc.
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Take a look at some of Tuesday's midday movers:
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*J.C. Penney shares jump on Soros stake, Goldman loan. *D.R. Horton shares hit six-year high after earnings. NEW YORK, April 26- U.S. stocks dipped in thin volume on Friday, though the market had a strong week overall despite a mixed bag of earnings and weak economic figures.
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*Second-quarter earnings $0.32/ share vs est $0.19. *Revenue $1.39 bln vs est $1.26 bln. April 26- D.R. Horton Inc almost tripled its quarterly profit by selling more homes at higher prices and forecast an even better second half of the year as a recovering economy encourages more Americans to buy houses.
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*Amazon.com weighs on S&P after results; Chevron helps Dow. NEW YORK, April 26- U.S. stocks fell on Friday as the broadest measure of U.S. economic growth fell short of expectations in the first quarter and Amazon.com gave a disappointing outlook.
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*Amazon weighs on S&P after results; Chevron helps Dow. Amazon.com Inc tumbled after results, pressuring both the S&P 500 and Nasdaq, though gains at Hewlett-Packard Co and Chevron Corp kept the Dow in modestly positive territory.
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Stocks fell as the broadest measure of U.S. economic growth fell short of expectations in the first quarter and Amazon.com gave a disappointing outlook. **CHEVRON CORP, $120.06, up 1.3 pct. **AMAZON.COM INC, $255.52, down 7 pct.
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*Amazon drags S&P, Nasdaq after results. "What we are going to do is just average the fourth quarter and the first quarter and take a look and see the economy is growing way underneath its potential growth rate which keeps the Fed in play to do more quantitative easing," said John Canally, investment strategist and economist for LPL Financial in Boston.
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CHICAGO, April 26 Credit metrics of speculative grade issuers have stabilized and show signs of plateauing, according to Fitch Ratings' in its latest installment of the' Leveraged Finance Stats Quarterly- Fourth Quarter 2012.' Fitch does not view the incremental leverage experience in the fourth quarter and expected in the first quarter to be either outside of expected rating levels or indicative of a deteriorating credit environment.
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**PFIZER INC, $29.02, down 4.1 pct. **APPLE INC, $409.46, down 0.3 pct. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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Despite today's disappointing GDP, the market uptrend remains intact.
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**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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*Starbucks slips in premarket after results. "What we are going to do is just average the fourth quarter and the first quarter and take a look and see the economy is growing way underneath its potential growth rate which keeps the Fed in play to do more quantitative easing," said John Canally, investment strategist and economist for LPL Financial in Boston.
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**APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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U.S. stock index futures pointed to a narrowly higher open on Friday as investors traded cautiously ahead of the release of first quarter U.S. GDP figures.
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**PFIZER INC, Thursday close $30.26, down 3 pct premarket. **APPLE INC, Thursday close $408.38, down 0.3 pct premarket. Samsung Electronics Co Ltd grabbed more smartphone market share from arch rival Apple in the latest quarter, with sales of its phones jumping to account for one third of the global market, research firm IDC said.
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*Starbucks slips in premarket after results. NEW YORK, April 26- U.S. stock index futures dipped on Friday, indicating the S&P 500 may snap a five-day winning streak ahead of data on the pace of economic growth and consumer sentiment.
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NEW YORK, April 26- D.R. Horton, Inc.:.
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*Second-quarter earnings $0.32/ share vs est $0.19. April 26- D.R. Horton Inc, the No.1 U.S. homebuilder, reported a 173 percent jump in quarterly profit and said the spring selling season was off to a strong start, sending its shares up 6 percent before the bell.
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**ABBVIE INC, Thursday close $44.24.
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April 26- D.R. Horton, Inc.:. *D.R. Horton, inc, America's builder, reports fiscal 2013 second quarter. *The spring selling season is off to a strong start at D.R Horton. with robust.
