Advertisement
Canada markets closed
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7321
    +0.0001 (+0.01%)
     
  • CRUDE OIL

    83.38
    +0.02 (+0.02%)
     
  • Bitcoin CAD

    91,004.70
    -137.80 (-0.15%)
     
  • CMC Crypto 200

    1,435.08
    +20.32 (+1.44%)
     
  • GOLD FUTURES

    2,336.50
    -5.60 (-0.24%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • NASDAQ futures

    17,739.00
    +132.25 (+0.75%)
     
  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    38,329.39
    +777.23 (+2.07%)
     
  • CAD/EUR

    0.6834
    -0.0002 (-0.03%)
     

Wall Street Fundamentals Releases New In-Depth Stock Reports on FPRX, JASO, UPS and YHOO

Markets rallied sharply Monday on positive U.S. economic data. The Dow Jones gained 1.13 percent, while the S&P 500 and Nasdaq posted gains of 0.96 percent and 0.81 percent, respectively. The Federal Reserve reported U.S. factory production increased 0.8 percent in February, following a 0.9 percent decline in January. The gain was the highest in six months and larger than the 0.2 percent increase forecasted by economists. "The economy's engines are starting back up after a cold January. It makes us more confident the economy will continue to move forward as the year progresses," said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. Here is how some stocks reacted Monday:

Five Prime Therapeutics Inc. (NASDAQ:FPRX - News) shares traded in the range of $20.63 to $23.08 Monday before settling to close at $22.99, an increase of 22.61 percent. The stock appears to be facing some resistance at $19.74 with some support at the $17.82 and $16.49 levels. The company announced that it has signed a collaboration agreement with Bristol-Myers Squibb. Shares of Five Prime Therapeutics are up approximately 36.0 percent year-to-date.

More information on Five Prime Therapeutics and access to the free equity report can be found at:
www.WallStreetFundamentals.com/FPRX

JA Solar Holdings Co., Ltd. (NASDAQ:JASO - News) shares traded in the range of $11.55 to $13.14 Monday before settling to close at $11.66, an increase of 2.10 percent. The stock appears to be facing some resistance at the $11.44 and $12.57 levels with some support at $10.87 and $10.42. The company reported total shipments were 665.5 MW for the fourth quarter of 2013, which exceeded the high end of its guidance. Shares of JA Solar are up approximately 27.0 percent year-to-date.

ADVERTISEMENT

More information on JA Solar and access to the free equity report can be found at:
www.WallStreetFundamentals.com/JASO

United Parcel Service, Inc. (NYSE:UPS - News) shares traded in the range of $96.75 to $97.35 Monday before settling to close at $96.99, an increase of 0.75 percent. The stock appears to be facing some resistance at the $96.44 and $97.17 levels with some support at $94.89 and $93.62. The company announced a general rate increase of 4.4 percent, effective March 31, 2014. Shares of United Parcel Service are down approximately 8.0 percent year-to-date.

More information on United Parcel Service and access to the free equity report can be found at:
www.WallStreetFundamentals.com/UPS

Yahoo! Inc. (NASDAQ:YHOO - News) shares traded in the range of $38.61 to $39.36 Monday before settling to close at $39.11, an increase of 4.02 percent. The stock appears to be facing some resistance at the $37.94 and $38.67 levels with some support at $37.23 and $34.80. China's Alibaba Group, which Yahoo holds a 24.0 percent stake in, announced plans to list on a U.S. exchange instead of Hong Kong. Shares of Yahoo! are down approximately 3.0 percent year-to-date.

More information on Yahoo! and access to the free equity report can be found at:
www.WallStreetFundamentals.com/YHOO

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com