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 CEST

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
06/23 TECH DATA : offers pre-delivery inspection (PDI) service on HPI printers and sca..
06/20 HP : 3D printing business strikes Japan partnerships
06/19 ENTERPRISE SERVERS MARKET :  Hewlett-Packard, Dell Inc., Cisco Systems, Inc., Le..
06/18 HP : advanced printers in Saudi
06/17 Tyson Foods Names Hewlett Packard Enterprise Executive as Chief Technology Of..
06/15 HP : 06/15/2017 HP Creates Social and Environmental Impact in Haiti with Launch ..
06/15 HP : Creates Social and Environmental Impact in Haiti with Launch of Ink Cartrid..
06/14 HP : 06/14/2017 HP Announces Supply Chain Goals to Enhance Environmental and Soc..
06/14 HP : Announces Supply Chain Goals to Enhance Environmental and Social Impact
06/13 HP INC : Earnings Highlights and Review: HP Outperformed Top- and Bottom-line Ex..
More news
Sector news : Computer Hardware - NEC
03:15pDJAPPLE : In 10 Years, Your iPhone Won't Be a Phone Anymore
06/23 Wall Street ends higher on technology, energy boost
06/23 BlackBerry misses sales forecasts, shares tumble
06/23DJAPPLE : From Music to Maps, How Apple's iPhone Changed Business
06/23DJIMAGINATION TECHNOLOGIES : U.K. Chip Designer Puts Itself on Block -- WSJ
More sector news : Computer Hardware - NEC
Advertisement
Financials ($)
Sales 2017 50 087 M
EBIT 2017 3 870 M
Net income 2017 2 579 M
Finance 2017 69,5 M
Yield 2017 3,00%
P/E ratio 2017 12,00
P/E ratio 2018 10,88
EV / Sales 2017 0,60x
EV / Sales 2018 0,58x
Capitalization 29 963 M
More Financials
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 20,4 $
Spread / Average Target 15%
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 963
APPLE25.74%762 681
HP INC19.95%29 963
HEWLETT PACKARD ENTERP..-2.99%27 932
SEAGATE TECHNOLOGY PLC11.79%12 657
PEGATRON CORPORATION--.--%8 212
More Results