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Oil futures approach 6-week high

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Oil prices came close to a six-week high Thursday as traders responded to favorable data on the U.S. economic recovery and growing hopes that Greece’s bailout will be approved by eurozone finance ministers. On the New York Mercantile Exchange, crude for March delivery gained Friday as much as 64 cents, to $102.95 a barrel. For [...]

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GM, NetApp, V.F. Corp. Rise; Apache, ABB, J. M. Smucker Fall

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11:25 AM New York – Apache fourth quarter net surged to $1.17 billion. ABB fourth quarter net increased 19% to $830 million. Devon Energy fourth quarter net declined to $507 million. General Motors fourth quarter net was flat at $500 million. V.F. Corp. fourth quarter net surged to $257.3 million. Apache Corporation (APA) decreased 1.8% [...]

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GM, NetApp, V.F. Corp. Rise; Apache, ABB, J. M. Smucker Fall

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11:25 AM New York – Apache fourth quarter net surged to $1.17 billion. ABB fourth quarter net increased 19% to $830 million. Devon Energy fourth quarter net declined to $507 million. General Motors fourth quarter net was flat at $500 million. V.F. Corp. fourth quarter net surged to $257.3 million. Apache Corporation (APA) decreased 1.8% [...]

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Comcast, Kellogg, MetLife Rise; Deere, Zynga Fall

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11:25 AM New York – Comcast fourth quarter net increased 26% to $1.29 billion. Deere Co. first quarter net increased 4% to $533 million. Kellogg agreed to acquire Pringles business of PG for $2.7 billion. MetLife fourth quarter net surged to $1.13 billion. Abercrombie Fitch Co. (ANF) increased 10.2% or $4.57 to $49.16 after the [...]

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Diebold, Drew Industries, Regeneron Pharma, Grainger Rise

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11:40 AM New York – Chesapeake Energy will raise $10 billion to $12 billion from asset sale. Diebold fourth quarter net income swung to $79.8 million and Regeneron Pharmaceuticals fourth quarter net loss widened to $53.4 million. W.W. Grainger said January sales increased 17%. Chesapeake Energy Corp (CHK) rose 18 cents to $22.31 after the [...]

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LinkedIn Rises; Buckeye Partners, FLIR Systems, Nuance Fall

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10:15 AM New York – Alliant Energy fourth quarter net increased to $57 million. Brookfield Office fourth quarter net slumped to $338 million and PPL Corp. fourth quarter net increased to $401 million. Telus Corp. fourth quarter net increased 5% to $237 million. Alliant Energy Corporation (LNT) fell 21 cents to $43.15 after the electricity [...]

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Groupon Garners Attention from Pre-Earnings Call Buyers

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Nuance Communications (NUAN – 29.31) received a price-target hike to $34 from $22 and an upgrade to “buy” from “hold” at ThinkEquity yesterday, which may have sparked some bullish activity in the options pits. Nearly 13,100 calls crossed the tape on Monday, which was almost triple the software firm’s average daily volume. Most popular among [...]

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Apollo Group Sees a Rare Jump in Front-Month Call Activity

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Nuance Communications (NUAN – 29.31) received a price-target hike to $34 from $22 and an upgrade to “buy” from “hold” at ThinkEquity yesterday, which may have sparked some bullish activity in the options pits. Nearly 13,100 calls crossed the tape on Monday, which was almost triple the software firm’s average daily volume. Most popular among [...]

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Speculators Find Michael Kors Calls to Be the Fashionable Options

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Nuance Communications (NUAN – 29.31) received a price-target hike to $34 from $22 and an upgrade to “buy” from “hold” at ThinkEquity yesterday, which may have sparked some bullish activity in the options pits. Nearly 13,100 calls crossed the tape on Monday, which was almost triple the software firm’s average daily volume. Most popular among [...]

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Ahead of Earnings, Call Players Descend Upon Nuance Communications

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Nuance Communications (NUAN – 29.31) received a price-target hike to $34 from $22 and an upgrade to “buy” from “hold” at ThinkEquity yesterday, which may have sparked some bullish activity in the options pits. Nearly 13,100 calls crossed the tape on Monday, which was almost triple the software firm’s average daily volume. Most popular among [...]

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