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Futures Indicate Lower Open After Obama Plans to Raise Minimum Wage as Comcast Hits New 52 Week High

Futures Indicate Lower Open After Obama Plans to Raise Minimum Wage as Comcast
                            Hits New 52 Week High

PR Newswire

NEW YORK, February 14, 2013

NEW YORK, February 14, 2013 /PRNewswire/ --

McDonald's Corp., the largest restaurant chain in the world, was the biggest
decliner in the Dow. The stock lost $1.10 to $94 after President Obama
announced plans to raise the minimum wage. The Company, who has about 14,000
U.S. locations, saw shares fall more than 10% in 2012.

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Cliffs Natural Resources Inc. (NYSE: CLF) - Shares of CLF plunged on
Wednesday, making the stock the 2^nd biggest loser on the NYSE. The stock
closed down 19.99% after reporting a huge quarterly loss of $1.62 billion, or
$11.36 per share, which is more than a third of what the entire company is
worth today. The stock has a 52-week trading range of 28.05 - 73.63.
Yesterday's volume at 35,448,782 shares was nearly five times higher than the
stock's average volume. On January 30^th, the Company's SVP, Global Operations
Service sold 3283 shares at $36.42. The Company engages in the production of
iron ore pellets, fines and lump ore, and metallurgical coal.

Comcast Corporation (Nasdaq: CMCSA) - CMCSA hit a new 52-week high on
Wednesday at $42.00 a share. The stock closed modestly in the green up 2.98%.
Comcast has a $16.7 billion deal to buy the remaining half of NBCUniversal and
is doing it ahead of schedule. General Electric has a 49 percent stake in the
NBCUniversal joint venture and Comcast announced this week they would buy it
several years early. Comcast said it would finance the deal with $11.4 billion
of cash on hand, $4 billion in debt owed to GE, $2 billion from its own credit
lines and $725 million in preferred stock issued to GE. CMCSA traded
57,070,793 shares on Wednesday, significantly higher than the stock's average
of 11,874,300 shares.

Cisco Systems, Inc. (Nasdaq: CSCO) - CSCO shares closed barely in the green at
21.14 on Wednesday, just a hair away from the stock's 52-week high of
$21.34.The Company reported results for fiscal Q2 2013 that generally met
analyst projections. For the quarter, the company posted net sales of $12.1
billion and non-GAAP net income of $2.7 billion ($0.51 per share). Cisco
Systems logged revenue of $12.10 billion. The 36 analysts polled by S&P
Capital IQ looked for a top line of $12.06 billion on the same basis. GAAP
reported sales were the same as the prior-year quarters. On January 31^st, a
Director of the company bought 7m309 shares.

Furniture Brands International Inc. (NYSE: FBN) - FBN was the biggest decliner
on the NYSE yesterday closing in the red down 21.28%. The Company announced
financial results for the fourth quarter and full year ended December 29,
2012. Net sales of $264.0 million was an increase of 3.3% compared to the
fourth quarter of 2011 and gross margin of 20.7% was less than 23% in the
fourth quarter of 2011. Total revenue for the year decreased 3.2% to $1.07
billion from $1.11 billion in 2011. Trading volume at 3,023,925 shares was
significantly higher than the stock's average of 463,931 shares. Furniture
Brands International, Inc. is a world leader in designing, manufacturing,
sourcing and retailing home furnishings.

Plug Power Inc. (Nasdaq: PLUG) - Plug Power was the biggest loser on the
Nasdaq yesterday closing down 26.42%. The stock hit a new 52-week low on
Wednesday at $0.25. Trading volume was unusually high with over 2.7 million
shares traded. Plug Power Inc. engages in the design, development,
commercialization, and manufacture of fuel cell systems for the industrial
off-road markets worldwide. One month ago shares of plug were trading at more
than double its current price at $0.59.

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