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Stock Market & Financial Investment News

News Breaks
January 23, 2013
09:00 EDTCHKPCheck Point breaks below its 10-day moving average after earnings
The company beat Q4 EPS estimates by 3 cents per share, but came in lighter than expected on revenues. Check Point (CHKP) reported Q4 revenue of $368.6 million versus consensus of $373.74 million. In the pre-market, the shares have broken below the 10-day moving average, last at $47.13 and now resistance instead of uptrend support. Support is now at $45.75.
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May 15, 2013
11:48 EDTCHKPAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:23 EDTCHKPDavid Tepper's Appaloosa reports new stake in Check Point
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