Published On: Mon, Apr 21st, 2014

News Effects on Stocks: Taiwan Semiconductor (NYSE:TSM), Baker Hughes (NYSE:BHI), KeyCorp (NYSE:KEY), Fifth Third Bancorp (NASDAQ:FITB)

Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) released its Q1 (Mar) earnings of NT 1.85 per share, NT 0.13 improved than the Capital IQ Consensus anticipates of $1.72. The firm revenues increased 11.6% year/year to NT 148.22B as compared to the NT 147.78B consensus.

Stocks of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) [Trend Analysis] climbed +2.83% to close at $20.72 with the total traded volume of 20.49 million shares with the average volume of 13.01 million. Its shares were trading within the range of $20.57 – $20.92, while its opening price was $20.59. As took noticed on the firm sales growth (year/est), it is calculated 8.40% in Current Qtr. and for next quarter was forecasted 7.30%, according to Factsheet.

Why (NYSE:TSM) Rallied in Active Trading, Find here

Baker Hughes Incorporated (NYSE:BHI) released its Q1 (Mar) earnings of $0.84 a share, exclusive of non-recurring items, $0.06 improved than the Capital IQ Consensus of $0.78. The revenues surged 9.6% year/year to $5.73B as compared to the $5.72B consensus.

Last session trading was noticeable, Baker Hughes Incorporated (NYSE:BHI) [Trend Analysis], stocks rose 3.05% with market capitalization of $29.87 billion, as outstanding shares was 437.19 million. Recently in a pool of analysts, 13 analysts rates its stocks at “Hold,” 7 analysts rate it at “Strong Buy” and 12 rate it a “Buy.”

Why Investors Show Confidence on (NYSE:BHI)

KeyCorp (NYSE:KEY) released that Q1 (Mar) earnings of $0.26 a share, $0.02 improved than the Capital IQ Consensus anticipates of $0.24. The firm revenues plunged 1.0 percent year/year to $1B as compared to $1.01B consensus.

KeyCorp (NYSE:KEY) [Trend Analysis] reported the gain of +0.37% and closed at $13.56 with the total traded volume of 13.77 million shares. While the noticeable thing is mean recommendation of this week that stands at 2.7, [(Strong Buy 1.0 - 5.0 (Sell)] as on contradiction to last week recommendation of 27 which denotes zero variation in recommendations.

Why Intentions Divert, Finds Facts (NYSE:KEY)

Fifth Third Bancorp (NASDAQ:FITB) announced that its first quarter (Mar) earnings of $0.36 a share, $0.06 lower than the Capital IQ Consensus anticipates of $0.42. Pre-provision net revenue (PPNR) of $507M in 1Q14, as well as $36M pre-tax negative valuation adjustment on the Vantiv warrant (versus positive $91M in 4Q13) and $51M in litigation reserve charges Average loan and lease balances (excluding loans held-for-sale) rose $1.6B, or 2 percent, sequentially and increased $3.6B, or 4 percent, from the first quarter of 2013.

Fifth Third Bancorp (NASDAQ:FITB) [Trend Analysis] traded at $20.95 after decreasing -4.12% with around 16.99 million traded volume in most recent session. Its fifty-two week range was $15.62-$23.90. The firm has the total cash of $3.47 billion as compares to total debt of $12.05 billion for the most recent quarter.

How Stocks Detain Intentions (NASDAQ:FITB)

Read Full Disclaimer Here


Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>