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TECH STOCKS: Netflix, Lexmark Soar, Leading Techs Higher

A surge for Netflix Inc. and strong gains for Apple Inc., Lexmark International Inc. and ARM Holdings gave a boost to the tech sector on Tuesday morning.The Nasdaq Composite Index (RIXF) rose 1% to 3,268, while the Philadelphia Semiconductor Index (SOX) rose 2% and the Morgan Stanley High-Tech Index (MSH) rose 1.3%.Netflix (NFLX) was the undisputed leader, with its shares soaring more than 24% to $218.81. On Monday afternoon, the movie streaming firm reported better-than-expected results for the first quarter, driven by the addition of more than 3 million total streaming subscribers. Its forecast was also ahead of expectations."Netflix put together a second straight quarter of strong results and we continue to believe the company is back on track toward significantly disrupting the linear TV market," wrote Doug Anmuth of J.P. Morgan in a note to clients. He raised his price target on the stock to $254 from $205.Apple (AAPL) shares rose 1.8% to $405.85 ahead of its own earnings report, ...

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  1. Six Flags Entertainment, Sanmina-SCI Corporation Among Stocks Gapping Up Tuesday

    Today, these stocks gapped up with opening prices significantly higher than the close on the previous trading day:Six Flags Entertainment (NYSE:SIX) opened at $68.54...

  2. Sanmina Shares Jump On Results, Outlook

    Sanmina-SCI Corp. saw its shares jump more than 15% to $8.29 on Tuesday morning after the manufacturer of electronic components reported third-fiscal-quarter results...

  3. Tech Stocks Start Off With Early Weakness

    Tech stocks were mostly down Tuesday following a broad slate of losses in the prior trading session. Earnings results and outlooks began to have some bearing on the ...

  4. Sanmina - SCI 's 3Q Results: Postgame Scorecard

    Sanmina - SCI (NASDAQ:SANM) posted a decrease in net income in the most recent quarter, falling short of analysts' estimates.Earnings and Revenue The company posted ...

  5. Sanmina-SCI Earnings Drop; Shares Up After Hours

    Sanmina-SCI Corp. on Monday reported a fiscal third-quarter profit of $8.9 million, or 11 cents a share, on $1.55 billion in revenue, compared with earnings of $9.4 ...

  6. Sanmina-SCI 3Q Earnings Pregame Scorecard

    Last quarter Sanmina-SCI (NASDAQ:SANM) beat estimates by 3 cents per share and it is up again on Monday, July 23, 2012.ExpectationsAnalysts currently expect Sanmina-...

  7. Sanmina-SCI Earnings Fall Almost 70%

    Sanmina-SCI Corp. on Wednesday reported a fiscal first-quarter profit of $8.6 million, or 10 cents a share, on revenue of $1.5 billion, compared with earnings of $28...

  8. Sanmina-SCI Lowers 2Q View, Announces Resignation of COO

    Shares of Sanmina-SCI (NASDAQ:SANM) tumbled Thursday after the integrated electronics manufacturer cut its second-quarter outlook and announced the resignation of it...

  9. Sanmina Beats Estimates With Revenue Gain

    SAN FRANCISCO -- Sanmina SCI Corp. beat Wall Street's earnings forecast for its first fiscal quarter with a small double-digit gain in revenue. For the quarter ended...

  1. Market Wrap for Tuesday, April 23: Major Averges Climb Better Than 1% Despite Mini Flash-Crash

    The U.S. stock market surged on Tuesday, but the session was not without drama for investors.During afternoon trade, the major averages lost nearly all of their gain...

  2. Sanmina-SCI Shares Surge 12% On Strong Earnings

    Sanmina-SCI Corp. shares on Wednesday surged more than 12%, to $8.54, after the electronics contract manufacturer reported fiscal fourth-quarter earnings that beat a...

  3. Factbox: U.S. companies delay results due to Sandy

    Dozens of U.S. companies postponed releasing quarterly results after superstorm Sandy hit the U.S. east coast, disrupting power supplies and transportation and flood...

  4. Sandy Delays Quarterly Results

    Dozens of U.S. companies postponed releasing quarterly results as Sandy, one of the biggest storms to hit the United States, pounded the east coast, flooding large p...

  5. Companies Postpone Earnings Reports in Light of Hurricane Sandy

    A number of U.S. companies disclosed plans to postpone their quarterly reports because of the pending arrival of Hurricane Sandy on the East Coast, a move that comes...

  6. Factbox: Companies delay results due to hurricane

    Dozens of U.S. companies postponed releasing quarterly results as Hurricane Sandy headed towards the U.S. East Coast on Monday.Forecasters said the 1,000-mile-wide (...

  7. Technology Sector Wrap

    The S&P 500 lost 0.9% while the Technology sector (XLK) showed little movement during trading today.As a proxy for the sector, the ETF tracked closer to the overall ...

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