Wall Street Fundamentals Releases New In-Depth Stock Reports on BA, FB, LVS and WLP


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Companies Mentioned

NYSE:BA / NASDAQ:FB / NYSE:LVS / NYSE:WLP
01/31/2014 [ACCESSWIRE]

U.S. markets continued to tumble in January on disappointing earnings from major companies. AT&T, Boeing and Yahoo! all fell in Wednesday trading as their quarterly earnings failed to impress investors. The S&P 500 dropped 1.02 percent to close at 1,774.20. The index is on pace for its worst month since May 2012, the S&P 500 posted a gain of 5.0 percent last January. Additionally, the Federal Reserve has announced plans to cut its monthly bond purchases by an additional $10 billion to $65 billion.

The Boeing Company (NYSE: BA) shares traded in the range of $128.07 to $131.76 Wednesday before settling to close at $129.78, a decrease of 5.33 percent. The stock appears to be facing some resistance at the $131.43 and $134.02 levels with some support at $123.67. Despite reporting a 26.0 percent rise in net income, shares of the company fell as its 2014 outlook fell short of expectations. Shares of Boeing are down approximately 5.0 percent year-to-date.

More information on Boeing and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/BA

Facebook Inc. (NASDAQ: FB) shares soared 12.0 percent to $60.04 in afterhours trading Wednesday. The company reported a net income of $780 million on $2.6 billion in revenue for the fourth quarter of 2013, which topped analysts’ estimates of a net income of $703.5 million on $2.3 billion in revenue, according to analysts’ surveyed by Thomson Reuters.

More information on Facebook and access to the free equity report can be found at:
www.WallStreetFundamentals.com/FB

Las Vegas Sands Corp. (NYSE: LVS) shares traded in the range of $73.53 to $75.20 Wednesday before settling to close at $73.93, a decrease of 1.77 percent. The stock appears to be facing some resistance at the $76.59 and $79.49 levels with some support at $73.23. The company reported record net revenues of $3.66 billion for the fourth quarter of 2013, an increase of 18.8 percent year-over-year. Shares of Las Vegas Sands have fallen approximately 5.0 percent year-to-date.

More information on Las Vegas Sands and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/LVS

WellPoint, Inc. (NYSE: WLP) shares traded in the range of $81.84 to $87.75 Wednesday before settling to close at $85.37, an increase of 1.27 percent. The stock appears to be facing some resistance at the $86.80 and $87.67 levels with some support at $85.09. The company reported earnings of $148.2 million, or $0.49 per share, for the fourth quarter of 2013, down from $464.2 million, or $1.51 per share, a year ago. Shares of WellPoint have fallen approximately 8.0 percent year-to-date.

More information on WellPoint and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/WLP

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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