Tech stocks were down Friday, along with the major market indices as investors grappled with rising oil prices and weak home-sales numbers.
Shares of CA(CA Quote) were up $1.24, or 5.1%, to $25.41 after the company guided current fiscal year revenue and earnings above Street expectations. However, fourth-quarter EPS came in below analysts' estimates. CA posted an 18% increase in revenue to $1.09 billion for the quarter. Net income was $71 million and EPS, excluding items, was 22 cents. Analysts were expecting revenue of $1.09 billion and EPS of 28 cents.
Apple(AAPL Quote) added $2.82, or 1.6%, to $179.97 after an analyst at Merill Lynch raised his price target on the stock to $215 from $186 on increased confidence in Apple's ability to get a bigger market share in the smartphone market. A Goldman Sachs analyst also added Apple on Thursday to its America's Conviction Buy list and raised his price target on the stock to $220 from $185. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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