Equities Sector Coverage: Stocks Rebound, Show Strong Rally After Fed Statement

Sector Recap  |

If the Dow Jones Industrial Average were trading overnight it would have tested its 200-week and 120-month simple moving averages at 10,742 and 10,570. The morning range for the Dow was 10,803.76 to 11,052.49 with strength on the hopes of something positive from the FOMC meeting this afternoon. The NASDAQ opened higher on Tuesday, declined to 2363.47 then rebounded to 2445.77 in morning trading before the Fed Statement. The Federal Reserve said it will likely keep interest rates at record lows (0 – 0.25% funds rate) into mid-2013, acknowledging the economy is weaker than it had thought and faces increasing risks. The initial reaction to the FOMC meeting pushed the Dow to a low of 10604.07 and the NASDAQ to a low of 2331.65, before rallying to new highs for the day of 11244.01 (up about 4%) and 2483.66 (up about 5.3%).

Asian stocks slumped again on Tuesday following Monday’s 635 point drop for the Dow Industrial Average. Despite recovering from session lows the Nikkei 225 declined 1.68% to 8,994. The Hang Seng plunged 5.66% to 19,331. European stocks opened significantly lower but recovered during their sessions. The closes were mixed with the FTSE 100 up by 1.84% to 5,162. The DAX slipped by 0.10% to 5,917. The CAC 40 re-gained 1.63% to 3,176. The yield on the 10-Year US Treasury note declined to 2.268 on the flight to quality overnight, but then rose to 2.436 as global equities stabilized. The US Treasury auctioned $32 billion in 3-Year notes on Tuesday at 0.50% with a 3.29 bid to cover ratio. The Indirect Bid, which includes buy orders from foreign central banks, was a strong 47.9% passing a test that there is strong demand for AA+ rated US Treasuries. The US Treasury auctions $24 billion 10-Year notes on Wednesday and $16 billion in 30-Year bonds on Thursday. Gold rallied to yet another all-time high of $1782.5 the Troy ounce then consolidated within a trading range with the low end being the overnight low at $1717.7. Crude oil slumped to $75.71 per barrel in overnight trading and rose as high as $83.05 in the US trading session before consolidating. The euro versus the US dollar traded up from 1.4155 to 1.4345 in an orderly rebound within a trading range.

Energy

Inergy L.P. (NRGY) missed estimates by 13 cents, but beat revenue by $17.7M. Carrizo Oil & Gas (CRZO) beat estimates by a penny, but missed revenue by $2.5M. Enterprise Products Partners L.P. (EPD) beat estimates by 6 cents on revenue of $302.8M. Ensco (ESV) missed estimates by 9 cents, but beat revenue by $30M. In afternoon trading: Shares of General Maritime (GMR) are up about 19.5%. Shares of Nordic American Tankers (NAT) are up about 10.5%. Shares of ATP Oil (ATPG) are down about 17.5%. Shares of Magnum Hunter Resources (MHR) are down about 12.75%. Shares of BPZ Resources (BPZ) are down about 10.75%. Shares of Clean Energy Fuels (CLNE) are down about 10.75%.

Energy Select Sector SPDR (XLE) was trading at $65.45 at 4:00 PM on Tuesday, up 5.09% on the day – down 4.10% year-to-date.

Materials

Hecla Mining Company (HL) missed estimates by 3 cents and revenue by $3M. International Flavors & Fragrances (IFF) beat estimates by 2 cents and revenue by $15M. In afternoon trading: Shares of Huntsman (HUN) are up about 12.75%. Shares of Boise (BZ) are up about 12.5%. Shares of Lundin Mining (LUNMF) are down about 11%. Shares of Avalon Rare Metals (AVL) are up about 9.5%. Shares of US Energy (USEG) are down about 10.5%. Shares of Eagle Materials (EXP) are down about 9%.

The Materials Select Sector SPDR (XLB) traded at $33.77 at 4:00 PM on Tuesday, up 6.16% on the day – down 12.08% year-to-date.

Industrials

Corning (GLW) is upgraded to Neutral from Sell at Ticonderoga. Norfolk Southern (NSC) is now Neutral from Sell at Goldman. Canadian National Rail (CNI) is downgraded to Sell from Neutral at Goldman. EnerNOC (ENOC) is downgraded to Hold from Buy at Brean Murray. Goldman cuts United Technologies (UTX) to Neutral and Illinois Tool Works (ITW) to Sell. In afternoon trading: Shares of EnerNOC (ENOC) are down about 37%. Shares of SmartHeat (HEAT) are down about 25.5%. Shares of Genco Shipping & Trading (GNK) are up about 12.75%. Shares of AMR Corp (AMR) are up about 11%.

The Industrial Select Sector SPDR (XLI) traded at $30.98 at 4:00 PM on Tuesday, up 4.95% on the day – down 11.16% year-to-date.

Consumer Discretionary

The Justice Department and four states have sued Education Management Corp. (EDMC) [41% owned by Goldman Sachs (GS)] for illegally receiving over $11B in student aid – nearly all the company's revenue since 2003 – by paying recruiters incentive compensation. Scripps Networks Interactive (SNI) beat estimates by 6 cents with revenue in-line with estimates. Fossil (FOSL) beat estimates by 4 cents and revenue by $20M with EPS guidance of Q3 $1.00-1.03 and Q4 $1.78-1.82. DISH Network (DISH) missed estimates by 2 cents, but beat revenue by $190M, and saw net subscribers down 135,000 to 14.1M primarily "due to increased competitive pressures, including higher levels of discounting." McDonald’s (MCD) is lifted to Buy from Hold at Goldman Sachs. Aeropostale (ARO) is upgraded to Buy from Hold at Brean Murray with a target price of $16. Under Armour (UA) is upgraded to Buy from Hold at Needham. In afternoon trading: Shares of Conn’s (CONN) are down about 20.25%. Shares of Fossil are down about 17%. Shares of Cablevision Systems (CVC) are down about 14.5%. Shares of Jamba (JMBA) are up about 12.5%. Shares of Caribou Coffee (CBOU) are up about 12.5%. Shares of Scientific Games (SGMS) are up about 11.5%. Shares of CBS (CBS) are up about 11%. Shares of Melco Crown Entertainment (MPEL) are up about 9.5%.

The Consumer Discretionary Select Sector SPDR (XLY) traded at $35.64 at 4:00 PM on Tuesday, up 4.64% on the day – down 4.73% year-to-date.

Consumer Staples

Ralcorp (RAH) reported FQ3 EPS of $1.15 (in-line) on revenue of $1.17B, and sees FY11 EPS of $5.20-5.35. In afternoon trading: Shares of The Pantry (PTRY) are down about 21.5% after missing estimates by 29 cents and revenue by $70M. Shares of Dole Food (DOLE) are down about 7%. Shares of Elizabeth Arden (RDEN) are down about 6%. Shares of Star Scientific (CIGX) are up about 11.25%. Shares of Herbalife (HLF) are up about 7.25%. Shares of Nestle (NSRGY) are up about 7.25%. Shares of Green Mountain Coffee (GMCR) are up about 6.75%. Shares of Constellation Brands (STZ) are up about 6.25%.

The Consumer Staples Select Sector SPDR (XLP) traded at $29.48 at 4:00 PM on Tuesday, up 2.43% on the day – up 0.58% year-to-date.

Healthcare

Endo Pharmaceuticals (ENDP) missed estimates by a penny and revenue by $11.25M, and sees FY11 EPS of $4.55-4.65 and revenue of $2.72-2.80B. Gilead Sciences (GILD) is begun with a Buy rating and $52 price target at brokers Brean Murray. Merck (MRK) is boosted to Buy from Hold at Jefferies. Pfizer (PFE) is added to the Conviction Buy List at Goldman. Becton Dickinson (BDX) is downgraded to Neutral from Buy at Goldman. In afternoon trading: Shares of MAKO Surgical (MAKO) are up about 27.25%. Shares of ARIAD Pharmaceuticals (ARIA) are up about 12%. Shares of Exelixis (EXEL) are up about 11%. Shares of Idenix Pharmaceuticals (IDIX) are down about 18.75%. Shares of Affymax (AFFY) are down about 10%.

The Health Care Select Sector SPDR (XLV) traded at $31.28 at 4:00 PM on Tuesday, up 3.64% on the day – down 0.70% year-to-date.

Financials

HSBC (HBC) has confirmed it's in talks to sell its U.S. credit card and retail services business following a report yesterday that Capital One (COF) is in negotiations to buy the U.K. bank's $30B U.S. credit-card portfolio. Reinsurer Transatlantic Holdings (TRH) has turned down a $3.25B offer from Berkshire Hathaway (BRK.A) unit National Indemnity, saying the proposal is not superior to an agreed bid from Allied World Assurance (AWH), which is worth $2.75B. The Justice Department and four states have sued Education Management Corp. (EDMC) [41% owned by Goldman Sachs (GS)] for illegally receiving over $11B in student aid – nearly all the company's revenue since 2003 – by paying recruiters incentive compensation. Barclays (BCS) CEO Bob Diamond has made a veiled warning to the U.K. government over plans to make banks build a wall around their core high-street operations, indicating that his company could move its headquarters elsewhere. Freddie Mac's (FMCC) Q2 loss more than halved to $2.1B from $4.7B a year earlier. Hospitality Properites Trust (HPT) beat estimates by 4 cents on revenue of $313M. AG Mortgage Investment Trust (MITT) is begun with a Buy at Deutsche Bank. Wells Fargo (WFC) is upgraded to Outperform from Perform at FBR Capital. PNC Financial Services Group (PNC) is pulled from FBR Capital’s Top Picks list. In afternoon trading: Shares of Radian Group (RDN) are up about 25%. Shares of MGIC Investment (MTG) are up about 22%. Shares of General Growth Properties (GGP) are up about 11.5%. Shares of KKR & Co (KKR) are up about 11%. Shares of NetSpend Holdings (NTSP) are down about 11%.

The Financial Select Sector SPDR (XLF) traded at $13.10 at 4:00 PM on Tuesday, up 7.76% on the day – down 17.87% year-to-date.

Information Technology

AOL Inc. (AOL) missed estimates by 20 cents, but beat revenue by $12.2M. In afternoon trading: Shares of AOL are down about 27%. Shares of Limelight Networks (LLNW) are down about 40% after missing estimates by 2 cents. Shares of Youku.com (YOKU) are down about 15.5%. Shares of Entropic Communications (ENTR) are down about 10.25%. Shares of Universal Display (PANL) are up about 16.5%. Shares of MEMC Electronic Materials (WFR) are up about 15%. Shares of Freescale Semiconductor (FSL) are up about 14.5%. Shares of KIT Digital (KITD) are up about 14.75%. Shares of NXP Semiconductors (NXPI) are up about 14.75%.

The Technology Select Sector SPDR (XLK) traded at $24.01 at 4:00 PM on Tuesday, up 4.57% on the day – down 4.68% year-to-date.

Telecommunications Services

Verizon Communications (VZ) has been continuing "high level discussions" with unions while 45,000 workers strike after formal talks halted on Sunday. Towerstream (TWER) is a new Outperform at Rodman & Renshaw. Sprint Nextel (S) is now Neutral from Sell at BTIG. In afternoon trading: Shares of Neutral Tandem (TNDM) are down about 13%. Shares of Clearwire (CLWR) are down about 6%. Shares of tw telecom (TWTC) are up about 7.5%. Shares of Leap Wireless (LEAP) are up about 6.5%. Shares of PAETEC (PAET) are up about 6.5%.

The NASDAQ Telecommunications Index (IXTC) traded at $180.80 at 4:00 PM on Tuesday, up 4.24% on the day – down 19.78% year-to-date.

Utilities

In afternoon trading: Shares of Ferrellgas Partners (FGP) are up about 9.6%. Shares of Oneok Partners (OKS) are up about 8.25%. Shares of Tokyo Electric Power (TKECF) are up about 8.25%. Shares of Amerigas Partners (APU) are up about 7.75%. Shares of Suburban Propane Partners (SPH) are up about 7.25%. Shares of Aqua America (WTR) are up about 6.75%. Shares of American Water Works (AWK) are up about 5%. Shares of American States Water (AWR) are up about 5%.

The Utilities Select Sector SPDR (XLU) traded at $31.19 at 4:00 PM on Tuesday, up 3.28% on the day – down 0.48% year-to-date.

STOCKS: NRGY, CRZO, EPD, ESV, GMR, NAT, ATPG, MHR, BPZ, CLNE, HL, IFF, HUN, BZ, LUNMF, AVL, USEG, EXP, GLW, NSC, CNI, ENOC, UTX, ITW, HEAT, GNK, AMR, EDMC, GS, SNI, FOSL, DISH, MCD, ARO, UA, CONN, CVC, JMBA, CBOU, SGMS, CBS, MPEL, RAH, PTRY, DOLE, RDEN, CIGX, HLF, NSRGY, GMCR, STZ, ENDP, GILD, MRK, PFE, BDX, MAKO, ARIA, EXEL, IDIX, AFFY, HBC, COF, TRH, BRK.A, AWH, BCS, FMCC.OB, HPT, MITT, WFC, PNC, RDN, MTG, GGP, KKR, NTSP, AOL, LLNW, YOKU, ENTR, PANL, WFR, FSL, KITD, NXPI, VZ, TWER, S, TNDM, CLWR, TWTC, LEAP, PAET, FGP, OKS, TKECF, APU, SPH, WTR, AWK, AWR

If the Dow Industrial Average were trading overnight it would have tested its 200-week and 120-month simple moving averages at 10,742 and 10,570. The morning range for the Dow was 10,803.76 to 11,052.49 with strength on the hopes of something positive from the Fed meeting this afternoon. The NASDAQ opened higher on Tuesday, declined to 2363.47 then rebounded to 2445.77 in morning trading before the Fed Statement. The Federal Reserve said it will likely keep interest rates at record lows (0 – 0.25% funds rate) into mid-2013, acknowledging the economy is weaker than it had thought and faces increasing risks. The initial reaction to the FOMC meeting pushed the Dow to a low of 10604.07 and the NASDAQ to a low of 2331.65, before rallying to new highs for the day of 11244.01 (up about 4%) and 2483.66 (up about 5.3%).

Asian stocks slumped again on Tuesday following Monday’s 635 point drop for the Dow Industrial Average. Despite recovering from session lows the Nikkei 225 declined 1.68% to 8,994. The Hang Seng plunged 5.66% to 19,331. European stocks opened significantly lower but recovered during their sessions. The closes were mixed with the FTSE 100 up by 1.84% to 5,162. The DAX slipped by 0.10% to 5,917. The CAC 40 re-gained 1.63% to 3,176. The yield on the 10-Year US Treasury note declined to 2.268 on the flight to quality overnight, but then rose to 2.436 as global equities stabilized. The US Treasury auctioned $32 billion in 3-Year notes on Tuesday at 0.50% with a 3.29 bid to cover ratio. The Indirect Bid, which includes buy orders from foreign central banks, was a strong 47.9% passing a test that there is strong demand for AA+ rated US Treasuries. The US Treasury auctions $24 billion 10-Year notes on Wednesday and $16 billion in 30-Year bonds on Thursday. Gold rallied to yet another all-time high of $1782.5 the Troy ounce then consolidated within a trading range with the low end being the overnight low at $1717.7. Crude oil slumped to $75.71 per barrel in overnight trading and rose as high as $83.05 in the US trading session before consolidating. The euro versus the US dollar traded up from 1.4155 to 1.4345 in an orderly rebound within a trading range.

Energy

Inergy L.P. (NRGY) missed estimates by 13 cents, but beat revenue by $17.7M. Carrizo Oil & Gas (CRZO) beat estimates by a penny, but missed revenue by $2.5M. Enterprise Products Partners L.P. (EPD) beat estimates by 6 cents on revenue of $302.8M. Ensco (ESV) missed estimates by 9 cents, but beat revenue by $30M. In afternoon trading: Shares of General Maritime (GMR) are up about 19.5%. Shares of Nordic American Tankers (NAT) are up about 10.5%. Shares of ATP Oil (ATPG) are down about 17.5%. Shares of Magnum Hunter Resources (MHR) are down about 12.75%. Shares of BPZ Resources (BPZ) are down about 10.75%. Shares of Clean Energy Fuels (CLNE) are down about 10.75%.

Energy Select Sector SPDR (XLE) was trading at $65.45 at 4:00 PM on Tuesday, up 5.09% on the day – down 4.10% year-to-date.

Materials

Hecla Mining Company (HL) missed estimates by 3 cents and revenue by $3M. International Flavors & Fragrances (IFF) beat estimates by 2 cents and revenue by $15M. In afternoon trading: Shares of Huntsman (HUN) are up about 12.75%. Shares of Boise (BZ) are up about 12.5%. Shares of Lundin Mining (LUNMF) are down about 11%. Shares of Avalon Rare Metals (AVL) are up about 9.5%. Shares of US Energy (USEG) are down about 10.5%. Shares of Eagle Materials (EXP) are down about 9%.

The Materials Select Sector SPDR (XLB) traded at $33.77 at 4:00 PM on Tuesday, up 6.16% on the day – down 12.08% year-to-date.

Industrials

Corning (GLW) is upgraded to Neutral from Sell at Ticonderoga. Norfolk Southern (NSC) is now Neutral from Sell at Goldman. Canadian National Rail (CNI) is downgraded to Sell from Neutral at Goldman. EnerNOC (ENOC) is downgraded to Hold from Buy at Brean Murray. Goldman cuts United Technologies (UTX) to Neutral and Illinois Tool Works (ITW) to Sell. In afternoon trading: Shares of EnerNOC (ENOC) are down about 37%. Shares of SmartHeat (HEAT) are down about 25.5%. Shares of Genco Shipping & Trading (GNK) are up about 12.75%. Shares of AMR Corp (AMR) are up about 11%.

The Industrial Select Sector SPDR (XLI) traded at $30.98 at 4:00 PM on Tuesday, up 4.95% on the day – down 11.16% year-to-date.

Consumer Discretionary

The Justice Department and four states have sued Education Management Corp. (EDMC) [41% owned by Goldman Sachs (GS)] for illegally receiving over $11B in student aid – nearly all the company's revenue since 2003 – by paying recruiters incentive compensation. Scripps Networks Interactive (SNI) beat estimates by 6 cents with revenue in-line with estimates. Fossil (FOSL) beat estimates by 4 cents and revenue by $20M with EPS guidance of Q3 $1.00-1.03 and Q4 $1.78-1.82. DISH Network (DISH) missed estimates by 2 cents, but beat revenue by $190M, and saw net subscribers down 135,000 to 14.1M primarily "due to increased competitive pressures, including higher levels of discounting." McDonald’s (MCD) is lifted to Buy from Hold at Goldman Sachs. Aeropostale (ARO) is upgraded to Buy from Hold at Brean Murray with a target price of $16. Under Armour (UA) is upgraded to Buy from Hold at Needham. In afternoon trading: Shares of Conn’s (CONN) are down about 20.25%. Shares of Fossil are down about 17%. Shares of Cablevision Systems (CVC) are down about 14.5%. Shares of Jamba (JMBA) are up about 12.5%. Shares of Caribou Coffee (CBOU) are up about 12.5%. Shares of Scientific Games (SGMS) are up about 11.5%. Shares of CBS (CBS) are up about 11%. Shares of Melco Crown Entertainment (MPEL) are up about 9.5%.

The Consumer Discretionary Select Sector SPDR (XLY) traded at $35.64 at 4:00 PM on Tuesday, up 4.64% on the day – down 4.73% year-to-date.

Consumer Staples

Ralcorp (RAH) reported FQ3 EPS of $1.15 (in-line) on revenue of $1.17B, and sees FY11 EPS of $5.20-5.35. In afternoon trading: Shares of The Pantry (PTRY) are down about 21.5% after missing estimates by 29 cents and revenue by $70M. Shares of Dole Food (DOLE) are down about 7%. Shares of Elizabeth Arden (RDEN) are down about 6%. Shares of Star Scientific (CIGX) are up about 11.25%. Shares of Herbalife (HLF) are up about 7.25%. Shares of Nestle (NSRGY) are up about 7.25%. Shares of Green Mountain Coffee (GMCR) are up about 6.75%. Shares of Constellation Brands (STZ) are up about 6.25%.

The Consumer Staples Select Sector SPDR (XLP) traded at $29.48 at 4:00 PM on Tuesday, up 2.43% on the day – up 0.58% year-to-date.

Healthcare

Endo Pharmaceuticals (ENDP) missed estimates by a penny and revenue by $11.25M, and sees FY11 EPS of $4.55-4.65 and revenue of $2.72-2.80B. Gilead Sciences (GILD) is begun with a Buy rating and $52 price target at brokers Brean Murray. Merck (MRK) is boosted to Buy from Hold at Jefferies. Pfizer (PFE) is added to the Conviction Buy List at Goldman. Becton Dickinson (BDX) is downgraded to Neutral from Buy at Goldman. In afternoon trading: Shares of MAKO Surgical (MAKO) are up about 27.25%. Shares of ARIAD Pharmaceuticals (ARIA) are up about 12%. Shares of Exelixis (EXEL) are up about 11%. Shares of Idenix Pharmaceuticals (IDIX) are down about 18.75%. Shares of Affymax (AFFY) are down about 10%.

The Health Care Select Sector SPDR (XLV) traded at $31.28 at 4:00 PM on Tuesday, up 3.64% on the day – down 0.70% year-to-date.

Financials

HSBC (HBC) has confirmed it's in talks to sell its U.S. credit card and retail services business following a report yesterday that Capital One (COF) is in negotiations to buy the U.K. bank's $30B U.S. credit-card portfolio. Reinsurer Transatlantic Holdings (TRH) has turned down a $3.25B offer from Berkshire Hathaway (BRK.A) unit National Indemnity, saying the proposal is not superior to an agreed bid from Allied World Assurance (AWH), which is worth $2.75B. The Justice Department and four states have sued Education Management Corp. (EDMC) [41% owned by Goldman Sachs (GS)] for illegally receiving over $11B in student aid – nearly all the company's revenue since 2003 – by paying recruiters incentive compensation. Barclays (BCS) CEO Bob Diamond has made a veiled warning to the U.K. government over plans to make banks build a wall around their core high-street operations, indicating that his company could move its headquarters elsewhere. Freddie Mac's (FMCC.OB) Q2 loss more than halved to $2.1B from $4.7B a year earlier. Hospitality Properites Trust (HPT) beat estimates by 4 cents on revenue of $313M. AG Mortgage Investment Trust (MITT) is begun with a Buy at Deutsche Bank. Wells Fargo (WFC) is upgraded to Outperform from Perform at FBR Capital. PNC Financial Services Group (PNC) is pulled from FBR Capital’s Top Picks list. In afternoon trading: Shares of Radian Group (RDN) are up about 25%. Shares of MGIC Investment (MTG) are up about 22%. Shares of General Growth Properties (GGP) are up about 11.5%. Shares of KKR & Co (KKR) are up about 11%. Shares of NetSpend Holdings (NTSP) are down about 11%.

The Financial Select Sector SPDR (XLF) traded at $13.10 at 4:00 PM on Tuesday, up 7.76% on the day – down 17.87% year-to-date.

Information Technology

AOL Inc. (AOL) missed estimates by 20 cents, but beat revenue by $12.2M. In afternoon trading: Shares of AOL are down about 27%. Shares of Limelight Networks (LLNW) are down about 40% after missing estimates by 2 cents. Shares of Youku.com (YOKU) are down about 15.5%. Shares of Entropic Communications (ENTR) are down about 10.25%. Shares of Universal Display (PANL) are up about 16.5%. Shares of MEMC Electronic Materials (WFR) are up about 15%. Shares of Freescale Semiconductor (FSL) are up about 14.5%. Shares of KIT Digital (KITD) are up about 14.75%. Shares of NXP Semiconductors (NXPI) are up about 14.75%.

The Technology Select Sector SPDR (XLK) traded at $24.01 at 4:00 PM on Tuesday, up 4.57% on the day – down 4.68% year-to-date.

Telecommunications Services

Verizon Communications (VZ) has been continuing "high level discussions" with unions while 45,000 workers strike after formal talks halted on Sunday. Towerstream (TWER) is a new Outperform at Rodman & Renshaw. Sprint Nextel (S) is now Neutral from Sell at BTIG. In afternoon trading: Shares of Neutral Tandem (TNDM) are down about 13%. Shares of Clearwire (CLWR) are down about 6%. Shares of tw telecom (TWTC) are up about 7.5%. Shares of Leap Wireless (LEAP) are up about 6.5%. Shares of PAETEC (PAET) are up about 6.5%.

The NASDAQ Telecommunications Index (IXTC) traded at $180.80 at 4:00 PM on Tuesday, up 4.24% on the day – down 19.78% year-to-date.

Utilities

In afternoon trading: Shares of Ferrellgas Partners (FGP) are up about 9.6%. Shares of Oneok Partners (OKS) are up about 8.25%. Shares of Tokyo Electric Power (TKECF) are up about 8.25%. Shares of Amerigas Partners (APU) are up about 7.75%. Shares of Suburban Propane Partners (SPH) are up about 7.25%. Shares of Aqua America (WTR) are up about 6.75%. Shares of American Water Works (AWK) are up about 5%. Shares of American States Water (AWR) are up about 5%.

The Utilities Select Sector SPDR (XLU) traded at $31.19 at 4:00 PM on Tuesday, up 3.28% on the day – down 0.48% year-to-date.

STOCKS:NRGY, CRZO, EPD, ESV, GMR, NAT, ATPG, MHR, BPZ, CLNE, HL, IFF, HUN, BZ, LUNMF, AVL, USEG, EXP, GLW, NSC, CNI, ENOC, UTX, ITW, HEAT, GNK, AMR, EDMC, GS, SNI, FOSL, DISH, MCD, ARO, UA, CONN, CVC, JMBA, CBOU, SGMS, CBS, MPEL, RAH, PTRY, DOLE, RDEN, CIGX, HLF, NSRGY, GMCR, STZ, ENDP, GILD, MRK, PFE, BDX, MAKO, ARIA, EXEL, IDIX, AFFY, HBC, COF, TRH, BRK.A, AWH, BCS, FMCC.OB, HPT, MITT, WFC, PNC, RDN, MTG, GGP, KKR, NTSP, AOL, LLNW, YOKU, ENTR, PANL, WFR, FSL, KITD, NXPI, VZ, TWER, S, TNDM, CLWR, TWTC, LEAP, PAET, FGP, OKS, TKECF, APU, SPH, WTR, AWK, AWR

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
CBS CBS Corporation Class B 48.66 0.42 0.87 5,262,630 Trade
AWR American States Water Company 68.01 0.29 0.43 129,483 Trade
MITT AG Mortgage Investment Trust Inc. 17.75 -0.01 -0.06 130,113 Trade
GLW Corning Incorporated 31.98 0.39 1.23 4,935,323 Trade
ARO Manulife Financial Corporation n/a n/a n/a n/a
DISH DISH Network Corporation 32.20 0.58 1.83 2,324,409 Trade
CRZO Carrizo Oil & Gas Inc. 14.24 -0.17 -1.18 3,122,307 Trade
FOSL Fossil Group Inc. 17.01 0.08 0.47 1,044,211 Trade
HLF Herbalife Nutrition Ltd. 57.97 0.81 1.42 1,082,336 Trade
IFF Internationa Flavors & Fragrances Inc. 136.73 -1.04 -0.75 615,485 Trade
PNC PNC Financial Services Group Inc. (The) 122.74 0.28 0.23 3,090,852 Trade
ARIA ARIAD Pharmaceuticals Inc. n/a n/a n/a 0 Trade
CVC Cablevision Systems Corporation Class A n/a n/a n/a 0 Trade
NAT Nordic American Tankers Limited 2.67 -0.07 -2.55 989,499 Trade
BCS Barclays PLC 7.96 0.50 6.70 10,416,669 Trade
EXP Eagle Materials Inc 64.88 0.43 0.67 711,267 Trade
S Sprint Corporation 6.04 0.10 1.68 15,516,066 Trade
RDN Radian Group Inc. 16.85 0.17 1.02 1,116,262 Trade
AWK American Water Works Company Inc. 97.12 0.64 0.66 1,821,435 Trade
GILD Gilead Sciences Inc. 68.14 0.42 0.62 6,438,229 Trade
UA Under Armour Inc. Class C 19.01 -1.86 -8.91 8,765,359 Trade
EXEL Exelixis Inc. 21.80 0.82 3.91 4,510,607 Trade
FGP Ferrellgas Partners L.P. 0.84 -0.13 -13.76 484,469 Trade
RDEN Elizabeth Arden Inc. n/a n/a n/a 0 Trade
UTX United Technologies Corporation 119.66 0.73 0.61 3,023,670 Trade
WTR Aqua America Inc. 35.35 0.16 0.45 764,198 Trade
MPEL BlackBerry Limited n/a n/a n/a n/a
USEG U.S. Energy Corp. 0.82 0.00 0.50 27,947 Trade
GS Goldman Sachs Group Inc. (The) 176.70 -0.10 -0.06 3,630,979 Trade
VZ Verizon Communications Inc. 57.25 -1.60 -2.72 18,564,711 Trade
GMCR Keurig Green Mountain Inc n/a n/a n/a 0 Trade
GNK Genco Shipping & Trading Limited New (Marshall Islands) 8.21 0.02 0.24 268,878 Trade
COF Capital One Financial Corporation 82.04 0.68 0.84 2,149,123 Trade
CONN Conn's Inc. 21.92 -0.99 -4.32 559,667 Trade
MCD McDonald's Corporation 183.48 -0.11 -0.06 2,990,142 Trade
SPH Suburban Propane Partners L.P. 21.29 0.05 0.24 223,044 Trade
HL Hecla Mining Company 2.36 0.04 1.72 3,816,051 Trade
NXPI NXP Semiconductors N.V. 79.74 0.86 1.09 5,181,720 Trade
CNI Canadian National Railway Company 78.96 0.93 1.19 1,076,937 Trade
HPT Hospitality Properties Trust 25.56 -0.10 -0.39 667,723 Trade
LLNW Limelight Networks Inc. 3.21 0.04 1.26 332,406 Trade
FSL Freescale Semiconductor Ltd n/a n/a n/a 0 Trade
HUN Huntsman Corporation 19.30 0.15 0.78 2,913,526 Trade
ESV Ensco plc Class A 4.68 -0.07 -1.47 12,942,200 Trade
PFE Pfizer Inc. 44.16 0.15 0.34 19,066,113 Trade
WFC Wells Fargo & Company 47.74 -0.02 -0.04 42,804,710 Trade
ENDP Endo International plc 11.22 0.01 0.09 3,321,129 Trade
MRK Merck & Company Inc. (new) 78.01 0.90 1.17 10,688,754 Trade
SGMS Scientific Games Corp 17.08 0.60 3.64 881,802 Trade
ITW Illinois Tool Works Inc. 132.21 1.08 0.82 1,459,038 Trade
EPD Enterprise Products Partners L.P. 26.22 0.24 0.92 6,139,555 Trade
YOKU Youku Tudou Inc ADR (Sponsored) n/a n/a n/a 0 Trade
APU AmeriGas Partners L.P. 27.01 -1.99 -6.86 2,015,186 Trade
MHR Magnum Hunter Resources Corp n/a n/a n/a 0
MTG MGIC Investment Corporation 10.77 0.13 1.22 2,935,449 Trade
PANL Pangaea Logistics Solutions Ltd. 3.01 0.00 0.00 40 Trade
TWER Towerstream Corp 2.06 0.00 0.00 206
CLNE Clean Energy Fuels Corp. 2.13 -0.02 -0.93 784,499 Trade

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