Stocks Move Higher as Apple May Release New iPhone in Up to Three Different
NEW YORK, April 10, 2013
NEW YORK, April 10, 2013 /PRNewswire/ --
Stocks edged slightly higher on Tuesday with earning season in motion. This
week Bed Bath and Beyond, CarMax, and JPMorgan Chase are set to report among
others. Topeka Capital Markets analyst Brian White in a note to clients said
on Tuesday that Apple may release the new iPhone 5S in two or maybe three
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ZIOPHARM Oncology, Inc. (Nasdaq: ZIOP) - Shares of ZIOP saw a pop on Tuesday
after the Company reported encouraging results from a preclinical trial of a
cancer therapy. Ziopharm said larger doses of Ad-RTS-mIL-12 were linked to
bigger decreases in the growth rate of the tumors, and that side effects
appeared to be minimal. The stock closed up 5.56% yesterday.
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Himax Technologies, Inc. (Nasdaq: HIMX) - Himax Technologies hit a new 52-week
high of $6.63 on Tuesday on volume more than five times higher than average.
The stock closed at $6.06 yesterday, up 4.30%.
Microsoft Corporation (Nasdaq: MSFT) - Microsoft Corporation was one of the
most active stocks on the Nasdaq composite on Tuesday. The Company announced
that they will publish fiscal year 2013 third-quarter financial results after
the close of the market on Thursday, April 18. On April 8, 2014 the Company
also announced it will be retiring Windows XP. Shares closed up 3.57% at
Penny stockscan deliver sky-rocketing returns and are a popular choice among
J. C. Penney Company, Inc. (NYSE: JCP) - JCP shares sank to a 12 year low of
$13.90 on Tuesday. The stock hasn't seen these levels since February of 2001.
Chief Executive Officer Ron Johnson has been ousted and the Company is
replacing him with his predecessor, Myron Ullman According to WSJ, Q1
same-store sales were down more than 10% compared with a year earlier, people
familiar with the matter said. Shares closed down 12.22% yesterday.
Alcoa Inc. (NYSE: AA) - Alcoa Inc. saw a surge in volume on Tuesday after
reporting first-quarter earnings late Monday that exceeded analysts'
estimates. Net income rose to $149 million, or 13 cents a share, from $94
million, or 9 cents, a year earlier. Shares of AA were little changed closing
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