4 Stocks Investors are Watching Closely After This News
Clorox (NYSE:CLX) is making moves this morning after “activist” investor Carl Icahn raised his Clorox bid to $80 a share from $76.50. Although Icahn raised his bid, Clorox Should Be Scared: Here’s Carl Icahn’s 7 Worst Investments.
Financial services company BlackRock, Inc. (NYSE:BLK) announced earnings with net income for the investment brokerage rose to $619 million ($3.21 per share) vs. $432 million ($2.21 per share) in the same quarter a year earlier. This marks a rise of 43.3% from the year earlier quarter. The stock is up on the news. Keep your eye on these stocks to trade in sympathy: Morgan Stanley (NYSE:MS), T. Rowe Price Group, Inc. (NASDAQ:TROW), American Intl. Group, Inc. (NYSE:AIG), Barclays PLC (NYSE:BCS), Bank of America Corp. (NYSE:BAC), Citigroup (NYSE:C), JP Morgan (NYSE:JPM), and Goldman Sachs Group, Inc. (NYSE:GS).
Apple (NASDAQ:AAPL) will continue to dominate the news after a blow out earnings release. Now the Wall Street analyst upgrades will pile in. This morning Goldman Sachs (NYSE:GS) is out raising Apple;s price target to $525 from $485. For the full details of Apple’s earnings, check out Apple Inc. Earnings Cheat Sheet: Earnings Higher Than Expected.