EdgeWater 10/18/2010 10:36:02 PM
News / Business

Top Volume Movers (EMC, YHOO, JPM, MS)

Top Volume Movers

EMC Corporation (NYSE:EMC) dropped 2.37% to $20.59 on speculation that Oracle Corp. may be considering acquiring the data storage systems company.

The 52-week range of the stock is $16.12-$21.83. At current market price, the market capitalization of the company stands at $42.28 billion.

Yahoo! Inc. (NASDAQ:YHOO) slid 0.77% to $16.12 following The Wall Street Journal issued a report last week stating that AOL and several private-equity firms are considering to buy Yahoo! Inc.

Over the past 52-week, the stock traded within the range of $12.94-$19.12. The average daily volume of the stock is 29.48 million shares.

Yahoo! Inc. together with its subsidiaries is an online media company. The Company attracts users every month through its technology and engaging content and services.

Shares of JPMorgan Chase & Co. (NYSE:JPM) added 1.70% to $37.78. Last week, the company posted a profit of $4.42 billion, or $1.01 a share, in the quarter, compared with $3.55 billion or 82 cents a share, in the year-earlier period.

Revenue dropped to $23.8 billion from $26.6 billion. On a managed basis, revenue totaled $24.3 billion in the latest quarter.

The New York financial firm was expected to earn 90 cents a share on revenue of $24.3 billion, according to a survey of analysts by FactSet Research.

Morgan Stanley (NYSE:MS) advanced 1.04% to $25.28. Morgan Stanley Smith Barney has extended a cash bonus designed to attract new financial advisers until the end of the year, two recruiters with knowledge of the deal said on Thursday.

In the past one month of trading sessions, the stock went down more than 4%.

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