Dow Chemical slumped 3.2 percent to $32.86. Chief Executive Officer Andrew Liveris is expanding plastics production and developing genetically modified seeds and herbicides to compete with Monsanto Co.’s Roundup Ready product line. Profit from plastics, Dow’s biggest unit, tumbled 29 percent as raw-material costs rose and prices for resins such as polyethylene fell on slack demand.
Viacom retreated 6.9 percent to $43.71. Nickelodeon’s audience shrunk during the Christmas holiday period, the biggest quarter of the year for the children’s network, according to Nielsen Co. Nickelodeon contributes about 15 percent of Viacom’s cable-TV advertising revenue annually and 25 percent during the December quarter, Mike Morris, an analyst with Davenport & Co., wrote in a Jan. 10 note.
Qualcomm rallied 4.8 percent to $62.41. The company lifted its forecasts for phone shipments based on strength in India and China, and said smartphone demand is boosting chip sales and licensing income. Qualcomm owns code division multiple access technology, or CDMA, and can levy royalties on all 3G phones and networks, providing most of its profit. It is also the largest seller of chips that connect phones to mobile networks.
Dell Inc. gained 1.9 percent to $17.73. The maker of personal computers was raised to “overweight” from “underweight” at JPMorgan Chase & Co. The 12-month share-price estimate is $21.
Green Mountain Coffee surged 21 percent to $65. Chief Executive Officer Lawrence Blanford has sought to draw customers by bolstering its K-Cup portfolio with Starbucks Corp. and Dunkin’ Brands Group Inc. products. Seattle-based Starbucks, which sells K-Cups in grocery and mass retail stores, said last month that annual pod sales may grow to $1 billion.
For the latest updates on the stock market, visit Stock Market Today
Green Mountain Coffee stock price feb 2 2012, Dell Inc share february 2 2012, Qualcomm stock feb 2 2012, Dow Chemical stock feb 2 2012, Viacom stock feb 2 2012. For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
us stock
- U.S. Stock Futures news today february 14 2013
- U.S. stocks market rose today Rise on Earnings
- Barack Obama invited congressional leaders to the White House a last-ditch effort to broker a deal
- NASDAQ, Dow Jones, S&P Analysis today dec 27 2012
- Chart S&P 500 price target forecast 2013
- Impact U.S. budget crisis stock market drop
- U.S. stock Dow Jones futures Down today
- Analysis Stock market down november 15 2012
- U.S. stock futures Dow Jones rose november 12 2012
- analysis S&P 500 index next week nov 12-16 2012
- Why Stocks market and dollar down after obama win
- Hurricane Sandy will close U.S. stock markets
- Stock market will focus US election next week october 29 2012
- Why Wall Street Stock down october 17 2012
- Impact U.S. Presidential election on financial market november 2012
- U.S. stock futures ahead of payrolls report 10/5/2012
- U.S. stock futures Dow Jones up 9/28 2012
- Dow jones futures outlook september 12 2012
- U.S. stock Dow Jones futures higher september 11 2012
- US. Stocks Market closed september 4 2012
- US. Stock futures higher wait Bernanke speech 8-31-2012
- US Stock Dow jones Futures Down 8/30/2012
- U.S. Stocks Movers 8/27/2012
- US. Stock dow jones futures fell 8/27/2012
- S&P 500 outlook next week august 27-31 2012
No comments:
Post a Comment