Tag Archives: bad-request

HP Looking To Rebound In Q2 From Abysmal Q1 Earnings

Hewlett-Packard (HPQ) will have a lot to prove when it reports its fiscal second-quarter earnings after the market close Thursday. The computer products giant aims to rebound from its first-quarter earnings report, which included revenue that fell short of analyst estimates. Sales fell or were flat across all six of HP’s business sectors. HP stock tumbled nearly 10% on Feb. 25, the day following its earnings report, to a seven-month low. HP stock

Solar Stocks Bask Again In Leadership’s Bright Light

Solar energy stocks seemed to have gotten their mojo back. As of Monday’s IBD, they are now the No. 2 industry group out of 197, up from No. 129 just six weeks ago. The rapid move up has coincided with the partial recovery of oil prices. Solar is an alternative to fossil fuels, so when West Texas intermediate prices sank from above $100 a barrel to the mid-40s earlier this year, the outlook for solar turned bleak. With the recovery to $60, solar

Celgene, Lannett Lead Boisterous Day For Drugmakers

Shares of highly rated drugmakers Celgene (CELG), Lannett (LCI) and Akorn (AKRX) rose Monday, while a pair of small drug companies plunged on negative reports. Celgene and its partner Acceleron Pharma (XLRN) said the Food and Drug Administration granted fast-track designation to luspatercept to treat patients who have the blood disease beta thalassemia as a result of transfusions or other causes. The FDA’s fast-track status allows a company to