Updated from 2:25 p.m. EDT with new stock prices
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 93 cents, or 3.9%, to $25.10 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 $4.12, or 2.3%, to $181.17 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. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
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0.48
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10 Yr
3.23%
SPDR Gold
115.06
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