RDInvesting Provides Investors with Free In-Depth Equity Reports on ELN, INVN, SNE and TWC
U.S. markets losses continued Friday due to disappointing economic readings and as investors awaited the upcoming central bank's policy-committee meeting. The Standard & Poor's 500 index and the Dow Jones Industrial Average posted losses of 1.01 percent and 1.17 percent last week. On Friday, the International Monetary Fund kept its 2013 growth outlook at 1.9 percent, but lowered its 2014 growth outlook 0.3 percent to 2.7 percent. The markets recent slide is largely due to concerns that the Federal Reserve may curb its $85 billion-a-month bond-buying program. Here is how some of the top movers reacted Friday:
Elan Corporation, plc (NYSE: ELN) shares hit a high of $13.95 Friday before settling to close at $13.66, an increase of 8.33 percent. The stock traded in between $13.51 to $13.95 on volume of 56.04 million shares traded. Elan has announced that it plans to explore a possible sale of the company. Elan’s Board of Directors have rejected Royalty Pharma’s recent bid.
Find out more about Elan including full access to the free equity report at:
www.RDInvesting.com/ELN
InvenSense Inc. (NYSE: INVN) shares hit a high of $14.96 Friday before settling to close at $14.65, an increase of 7.72. The stock traded in between $14.05 and $14.96 on volume of 5.35 million shares traded. Piper Jaffray analyst Auguste Richard recently stated that he believes the company will reported $75 million in revenue for the fiscal second quarter.
Find out more about InvenSense including full access to the free equity report at:
www.RDInvesting.com/INVN
Sony Corporation (NYSE: SNE) shares hit a low of $19.69 Friday before settling to close at $19.88, a decrease of 5.47 percent. The stock traded in between $19.69 and $20.41 on volume of 6.0 million shares traded. Sony’s next generation console, the Play Station 4, is expected to be released this holiday season.
Find out more about Sony including full access to the free equity report at:
www.RDInvesting.com/SNE
Time Warner Cable Inc. (NYSE: TWC) shares hit a high of $104.13 Friday before settling to close at $103.93, an increase of 8.09 percent. The stock traded in between $95.79 and $104.13 on volume of 9.01 million shares traded. According to CNBC, Liberty Media has approached the company regarding a possible merger.
Find out more about Time Warner Cable including full access to the free equity report at:
www.RDInvesting.com/TWC
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