Cramer says the price action in Tuesday’s market is sending an important message about what to buy in the days ahead.» Read More
Some of Thursday's midday movers:
*Raises 2014 adj earnings forecast to $4.36/ share from $4.16. Harman won a $100 million deal with Japan's No. 3 mobile carrier Softbank Corp in February to provide Bluetooth wireless speakers, Chief Executive Dinesh Paliwal told Reuters.
*Raises 2014 adj earnings forecast to $4.36/ share from $4.16. May 1- Harman International Industries Inc raised its full-year forecast for the second time after strong sales of its infotainment systems to European luxury carmakers such as BMW and Volkswagen helped it report a better-than-expected quarterly profit.
May 1- Harman International Industries Inc reported a 32 percent rise in quarterly revenue, helped by strong sales of its infotainment systems to luxury carmakers such as BMW and Volkswagen. Net income rose to $73.4 million, or $1.05 per share in the third quarter ended March 31, from $34.9 million, or 50 cents per share, a year earlier.
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CHICAGO, March 10- While it is hard to knock the advice of Warren Buffett, whose annual letter to Berkshire Hathaway Inc shareholders recently lofted down from the mountain of capitalism, some of his tips can be tweaked.
Some of Thursday's midday movers:
*Expects 2014 adj earnings $4.16/ share vs prev forecast of $3.85. Jan 30- Harman International Industries Inc raised its full-year forecast after reporting a 53 percent jump in quarterly profit as a recovering European automobile industry increased demand for its audio systems.
Shares of Harman, whose customers include BMW and Volkswagen, were up 5.5 percent before the bell on Thursday. Volkswagen's Audi and Porsche reported double-digit volume growth in the United States and China in 2013. No. 1 luxury carmaker BMW sold a record number of BMW and Mini cars in China, now its biggest market.
Jan 30- Audio equipment maker Harman International Industries Inc reported a 53 percent jump in second-quarter profit, helped by strong sales of its infotainment systems to luxury carmakers such as BMW and Volkswagen.
Technology growth stocks, consumer cyclical, discretionary and some industrials will do well, Sarat Sethi of Douglas C. Lane tells CNBC.
Sometimes a company will report a quarter that’s so revealing it changes Wall Street's entire view.
Harman International CEO Dinesh Paliwal discusses 3 divisions in its high-end speaker business that are growing internationally, and where you can find Harman products.
Thursday's midday movers
Top hedge and mutual fund managers are presenting their best stock ideas at the Value Investing Congress. Here are some of the highlights:
Harman International Industries specializes in high-end audio and stereo equipment. CEO Dinesh Paliwal, joins to discuss the company's guidance that beat the street's expectations.
The "Fast Money" traders share their final trades of the day.
Tesla stock could have farther to climb, Adam Jonas of Morgan Stanley says.
There are 38 companies in the S&P 500 index that have not moved more than 2 percent positive or negative year-to-date.