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Wednesday, July 7, 2010

Stock Market News - 7/7/10 July 7, 2010

The following stocks are moving either up or down on recent stock news. Keep an eye on these stocks throughout the rest of the trading day.

Stocks Highlighted Below: Chevron Corp. (CVX) - Cisco Systems, Inc. (CSCO) - Cliffs Natural Resources Inc. (CLF) - Family Dollar Stores Inc. (FDO) - Freeport-McMoRan Copper & Gold Inc. (FCX) - Google Inc. (GOOG) - Hewlett-Packard Company (HPQ) - JPMorgan Chase & Co. (JPM) - Oracle Corp. (ORCL) - State Street Corp. (STT) - Human Genome Sciences Inc. (HGSI) - Xenoport, Inc. (XNPT)

Hot Stock Market News - July 7, 2010


Chevron Corp. (CVX) - Chevron Makes Australian Gas Find

Cisco Systems, Inc. (CSCO) - Uralsvyazinform Opens Ural Region's Largest Contact Center Using Cisco Technology

Cliffs Natural Resources Inc. (CLF) - Cliffs Natural Resources Gets Majority Position in Spider Resources And Extends Offer

Family Dollar Stores Inc. (FDO) - Family Dollar shares fall as forecast disappoints

Freeport-McMoRan Copper & Gold Inc. (FCX) - Shares Freeport-McMoRan Copper & Gold Inc. are popping 4% today on an oversold bounce. Next stop could be $65-$66 on a retest of the 50 day moving average.

Google Inc. (GOOG) - Shares of Google are up nicely today even after JP Morgan cut estimates on the company. Google stock is severely oversold and I believe this is a great entry point for the long term investor. My 2010 target is 500-520 which is a 12-15% gain

Hewlett-Packard Company (HPQ) - Hewlett-Packard Company will be reporting earnings August 19, 2010

Human Genome Sciences Inc. (HGSI) - Shares of Human Genome Sciences Inc. do not have any news out but usually when the stock is up so much, it is on buyouy rumors

JPMorgan Chase & Co. (JPM) - Shares of JPMorgan Chase & Co. are bouncing with the stock market today. Earnings are due out July 15th and I think that given the sell off over the past month, shares are due to rally.

Oracle Corp. (ORCL) - Oracle Unveils Oracle(R) Business Intelligence 11g

State Street Corp. (STT) - State Street expects earnings beat; stock jumps

Xenoport, Inc. (XNPT) - GlaxoSmithKline and XenoPort Report Top-Line Phase 2b Results for GSK1838262/XP13512 as a Prophylactic Treatment for Migraine Headache


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