NEW YORK, April 19, 2013 - cheapstocks.us, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on General Electric Company, Dell Inc, Microsoft Corporation, Vertex Pharmaceuticals Incorporated.
General Electric Company(NYSE:GE) shares dropped 3.97% to $21.77. The company, on April 19, said its first-quarter revenue beat Wall Street expectations, assuaging fears of a miss after a lukewarm report on March
U.S. factory activity.
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The company said revenue rose slightly to $35 billion, surpassing the $34.51 billion analysts had expected. The company said it earned $3.53 billion, or 34 cents per share, in the quarter, compared with $3.03 billion, or 29 cents per share, a year earlier. Adjusted profit was 35 cents per share, matching analysts' average forecast.
Dell Inc.(NASDAQ:DELL) shares declined 3.52% to $13.46. The company, on April 18, announced SonicWALL Hosted Email Security 2.0, a cloud-based service providing advanced, multi-layered email threat protection backed by world-class 24/7 online and phone support.
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Additionally, Dell SecureWorks on April 18 announced a reseller agreement with Reliance Globalcom, a Vanco Group company which provides integrated telecommunications services worldwide. Reliance will be working with Dell SecureWorks to deliver Managed Security Services (MSS) to its customers, offering them one solution to meet all their security and networking needs.
Microsoft Corporation (NASDAQ:MSFT) shares gained 4.06% to $29.95. The company on April 18 reported a
fiscal third-quarter profit of $6.06 billion, or 72 cents a share, on revenue of $20.5 billion, compared with earnings of $5.1 billion, or 61 cents a share, on $17.4 billion in sales in the year-ago period. Analysts had forecasted
Microsoft to earn 68 cents a share on $20.53 billion in revenue.
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Additionally, Jefferies Group analysts cut their earnings per share (EPS) forecast for shares of Microsoft in a research note issued to investors on April 16. The firm currently has a hold rating and a $31.00 target
price on the stock.
Moreover, the company on April 17 has announced that it is ending support for the Windows XP operating system on April 8, 2014. Germany's Federal Office for Information Security (BSI) advises XP users to update to a newer version of Windows or an alternative like Linux by that date at the latest.
Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) shares soared 56.33% to $82.69. The company on April 18 said data from a mid-stage trial showed significant improvements in lung function among adults with the
most common type of the cystic fibrosis, validating the company's research strategy on the disease.
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The drug, called VX-661, is still years away from coming to market; however, its results give confidence about another cystic fibrosis drug, VX-809, that is similar in function and is much closer to FDA approval.
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