Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  HEWLETT PACKARD       

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

MARKET SNAPSHOT: U.S. Stocks Get China Lift; Dow Retakes 14,000

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/08/2013 | 06:50pm CET

By Wallace Witkowski and Polya Lesova, MarketWatch

SAN FRANCISCO (MarketWatch) -- Stocks on Wall Street rose Friday, sending the Dow industrials back above 14,000, following strong trade data from China and the U.S.

The Dow Jones Industrial Average (DJI) climbed 50.09 points, or 0.3%, to 13,994.14, after touching an intraday high of 14,022.62 earlier. Twenty-three out of 30 components of the Dow were trading higher with Hewlett-Packard Co. (>> Hewlett-Packard Company) leading the way with a 2% gain.

The S&P 500 index (SPX) gained 7.01 points, or 0.5%, to 1,516.40, with tech and consumer discretionary stocks leading the 10 sectors higher.

The Nasdaq Composite index (RIXF) advanced 28.57 points, or 0.9%, to 3,193.71.

Data, such as the U.S. trade deficit and China trade data, is still supportive of continued slow economic growth, said Paul Nolte, managing director at Dearborn Partners in Chicago.

The U.S. trade deficit fell almost 21% in December to $38.5 billion, marking the biggest drop in four years, as exports rose and imports softened. In China, exports and imports accelerated at a faster-than-expected rate in January, according to official data.

Following a rise of 12% since mid-November, with about 6% in January alone, the new line for the S&P 500 appears to be 1,500, he said.

"Markets are going sideways to work off that bullish run, and from a bullish perspective that's a good thing," said Nolte. Stocks have had a seesaw week in general as investors deal with a stock market considered by many as overbought with the anticipation of a big correction around the corner.

In the meantime, the Northeast, including New York City, was bracing for a major blizzard, which is expected to reach maximum intensity on Saturday morning. Thousands of flights have been grounded.

Trading volume looked thinner than average. Composite volume on the NYSE topped 1.4 billion shares; the daily average has been around 3.6 billion. About 900 million shares changed hands on the Nasdaq Stock Market. A spokesman for the NYSE Euronext's (>> NYSE Euronext) New York Stock Exchange said trading will proceed as usual Friday.

Advancing stocks outnumbered decliners by 2 to 1 on the NYSE and Nasdaq.

In corporate news, McDonald's Corp. (>> McDonald's Corporation) said its global comparable sales in January fell 1.9%. Shares rose 0.8%.

Shares of LinkedIn Corp. (>> Linkedin Corporation) rallied more than 20% after the professional social network reported better-than-expected fourth-quarter earnings and revenue.

Moody's Corp. (>> Moody's Corporation) shares fell 6%. The ratings agency reported a 66% surge in fourth-quarter earnings, but they came in slightly lower than expected. Also, New York Attorney General Eric Schniederman is looking at any potential misconduct by the three major credit-ratings firms, including Moody's, a person familiar with the matter told MarketWatch.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HEWLETT PACKARD
02/26 HP : 02/26/2017 HP Inc. Delivers Powerful Commercial Detachable and Versatile Ac..
02/26 HP INC. : Delivers Powerful Commercial Detachable and Versatile Accessories to i..
02/24 HP : boucle un bon premier trimestre
02/23 HEWLETT PACKARD : HP Enterprise cuts outlook, sees 'significant headwinds'
02/23 HP : HPQ) Hikes on Q1 Results
02/23 HP : 02/22/2017 HP Inc. Reports Fiscal 2017 First Quarter Results Press Release
02/23 EDUCATION, EMPLOYABLE SKILLS TOP CSR : Report
02/23DJHP : Sales Get Boost From PC Rebound -- WSJ
02/22DJHP : Revenue Grows Again on PC Rebound -- Update
02/22DJHP : Revenue Grows Again on PC Rebound
More news
Sector news : Computer Hardware - NEC
08:48aDJBehind Buffett's $18 Billion Apple Bet -- WSJ
06:58aDJAPPLE : Next iPhone Will Have a Curved Screen
02/27DJBehind Buffett's $18 Billion Apple Bet
02/27DJBERKSHIRE HATHAWAY : Buffett More Than Double Stake in Apple -- Update
02/27DJMARKET SNAPSHOT : Dow Posts 11th Straight Record; S&P 500 Sees Fifth Straight We..
More sector news : Computer Hardware - NEC
Advertisement
Financials ($)
Sales 2017 48 565 M
EBIT 2017 3 806 M
Net income 2017 2 557 M
Finance 2017 179 M
Yield 2017 2,99%
P/E ratio 2017 11,89
P/E ratio 2018 11,30
EV / Sales 2017 0,61x
EV / Sales 2018 0,61x
Capitalization 29 842 M
More Financials
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 17,1 $
Spread / Average Target -3,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Dion J. Weisler President, Chief Executive Officer & Director
Margaret C. Whitman Chairman
Jon E. Flaxman Chief Operating Officer
Catherine A. Lesjak Chief Financial Officer & Executive Vice President
Shane D. Wall Chief Technology Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
HEWLETT PACKARD29 842
APPLE INC.17.99%718 409
HEWLETT PACKARD ENTERP..-0.78%38 224
HP INC18.94%29 842
SEAGATE TECHNOLOGY PLC25.10%14 077
PEGATRON CORPORATION--.--%6 775
More Results