Monday, February 9, 2015

TUESDAY 2/10/15; China Inflation Data; Potential Greece Bailout Deal Creates Global Market Rally; CVS; DF; KKR; KO; RAI; REGN; WPP; Wholesale Trade; AKAM; PIR; WU

Asian indexes are lower overnight with China and Hong Kong higher. The NIKK and SPASX200  are each down -0.3%. Bradken, a mining services company, collapses -22% after reporting weak earnings. S reports soft earnings and trades lower which drags down Softbank a major shareholder of Sprint. Nissan jumps nearly +4% higher on strong auto sales. KOSPI -0.6%. South Korea retail sales data take a drastic drop lower






















[Text is Redacted: Purchase February 2015-02 to Read the Complete Chronology]


























. AAPL is up +2% to a new all-time record high at 122.15. Apple is the first company in the world posting a market cap over $700 billion. Traders and analysts are saying AAPL will be the first $1 trillion company; is the euphoria too excessive?

After the closing bell, AKAM pops +3% in AH trading on positive earnings. PIR is poleaxed -32% after reporting earnings and announcing the departure of the CFO. NCR reports earnings guiding lower so the stock is punished -3% and earns its nickname from years ago when the main business was old-fashioned cash registers; ‘National Crash Register’. CERN earnings are in line on EPS and a beat on the top line. FTI beats on top and bottom lines. PXD misses on EPS but beats on the top line. RKUS meets on EPS but misses on the top line and guides lower. WU jumps +3% in afterhours trading after beating on EPS but missing on top line revenue.

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