Stock Market News – Western Digital (WDC) Republic Services (RSG) Expedia (EXPE) and Amazon (AMZN) Report

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(Best Syndication News) Markets in Japan and Mainland China were closed Monday, however the Hang Seng (Hong Kong) stock exchange was open and trending higher (see the stock chars below).

Last week the Dow Jones Industrial Average (DJIA) closed up more than 1.5 percent, mostly because of positive earnings reports. The sovereign debt issues continued to fester in Spain and some economic indicators were less than expected.

Home prices were lower, according to Standard and Poor’s, and the Gross Domestic Product (GDP) grew only 2.2 percent in the first quarter, according to data released by the U.S. Department of Commerce. Investors continued to buy equities despite the negative news.

Only 165 of the 187 stocks in our widely-held index were lower Friday (see the widely-held stock chart below). Western Digital Corp. (NYSE:WDC) fell more than any other constituent, down 14 percent in one day.

The hard-drive manufacturer beat 3rd quarter analyst expectations after the market closed Thursday, but the stock still sank throughout Friday’s session. In the after-hours, WDC continued to fall, down another eight cents to $37.85. There was a bid of $37.73 for 300 shares and an ask of $37.92 on 800 shares.

Republic Services, Inc. (NYSE:RSG) was another loser Friday, down more than 13 percent. The volume of trading was up 750 percent above average.

The solid-waste services provider missed their first quarter earnings estimate and said volume will be flat next quarter. The company had projected an increase. In the after-hours RSG gained 20 cents to $27.21.

One of the big winners was Expedia Inc (NASDAQ:EXPE). The online travel company jumped more than 23 percent during Friday’s session. On Thursday EXPE reported earnings nearly double analyst expectations.

After the session close, the share price of EXPE continued to climb, up another 28 cents to $40.59.

Amazon.com, Inc. (NASDAQ:AMZN) was another winner, blowing away analyst expectations. Analysts had expected the online retailer to report first quarter earnings of seven cents. On Thursday, AMZN reported 28 cents per share.

The volume of trading was up over 250 percent above average during Friday’s session, but the share price began to slow in the after-hours, down eight cents to $226.77. There was a bid of $226.78 on 600 shares and an ask of $229.20 on 100 shares.

By: Dan Wilson

World Markets:

Friday World Stock Indexes 1 Day 1 Day 1 Week 30-Day 100-Day
4/27/2012 N. & S. AMERICA Pt Change % Change % Change % Change % Change
13,228.31 Dow Jones Industrial 23.69 0.18% 1.53% -0.08% 10.04%
1,403.36 S&P 500 3.38 0.24% 1.80% -0.45% 13.50%
3,069.20 NASDAQ Composite 18.59 0.61% 2.29% -0.30% 17.49%
12,237.75 S&P TSX Canada 91.90 0.76% 0.74% -1.94% 2.77%
61,691.21 Brazil Bovespa Stock -506.85 -0.81% -1.28% -8.92% 7.58%
39,324.14 IPC MXX - Mexico 111.98 0.29% -0.08% 2.79% 5.63%
2,271.86 MerVal Buenos Aires 1.05 0.05% -2.85% -17.60% -8.59%
825.47 Russell 2000 Sm-Cap 7.14 0.87% 2.66% -1.47% 12.59%
831.59 Russell 3000 98% Mkt 2.65 0.32% 1.89% -0.51% 13.77%
EUROPE
5,777.11 FTSE 100 England 28.39 0.49% 0.09% -3.09% 6.43%
3,266.27 CAC 40 France 36.95 1.14% 2.44% -8.71% 5.72%
6,801.32 DAX Germany 61.42 0.91% 0.76% -4.93% 17.56%
692.49 Athens Greece Comp. -5.18 -0.74% -3.08% -10.85% 4.64%
721.15 IGBM Madrid Spain 11.25 1.58% 1.49% -16.80% -14.18%
6,116.36 SSMI - Swiss Market -6.05 -0.10% -1.95% -3.32% 6.43%
15,808.54 FTSE Italia All (Italy) 284.15 1.83% 2.46% -12.92% 0.93%
ASIA & PACIFIC
2,396.32 Shanghai China -8.38 -0.35% -0.44% -0.58% 4.53%
9,520.89 Nikkei 225 Japan -40.94 -0.43% -0.42% -6.12% 10.02%
20,741.45 Hang Seng Hong Kong -68.26 -0.33% -1.28% -1.77% 11.66%
7,480.50 TSEC Taiwan Exchange -40.85 -0.54% -0.35% -7.00% 7.65%
4,362.10 S&P ASX 200 Australia -13.10 -0.30% -0.10% 1.66% 4.13%
17,134.25 BSE Sensex Bombay 3.58 0.02% -1.38% -0.81% 7.96%
5,190.60 CNX NIFTY NSE India 1.60 0.03% -1.89% -1.26% 8.94%
1,975.35 Korea Com KOSPI 11.31 0.58% 0.04% -3.50% 3.98%
2981.58 STI Singapore 0.11 0.00% -0.43% -0.28% 10.36%

Widely-Held Stocks:

Friday One Day One Day 1-Week 30-Day
4/27/2012 Name Symbol Change % % %
37.93 Western Digital Corp. WDC -6.17 -13.99% -8.47% -0.86% 1
27.01 Republic Services, Inc. RSG -4.13 -13.26% -12.90% -11.44% 2
30.08 Coventry Health Care... CVH -2.60 -7.96% -10.34% -10.98% 3
21.99 Leggett & Platt, Inc. LEG -1.68 -7.10% -4.68% -5.46% 4
57.43 Starbucks Corporation SBUX -3.23 -5.32% -2.92% 7.93% 5
27.69 Principal Financial... PFG -1.50 -5.14% -1.67% -5.07% 6
52.29 KLA-Tencor Corporation KLAC -2.82 -5.12% -0.65% 0.58% 7
11.32 The Goodyear Tire &... GT -0.61 -5.11% 0.71% -6.91% 8
5.36 RadioShack Corporation RSH -0.27 -4.80% -13.96% -19.03% 9
43.52 Aetna Inc. AET -1.79 -3.95% -11.56% -6.41% 10
15.32 Electronic Arts Inc. EA -0.61 -3.83% 2.61% -12.26% 11
               
               
37.34 Big Lots, Inc. BIG 1.05 2.89% -18.60% -17.79% 477
105.98 O'Reilly Automotive... ORLY 3.34 3.25% 9.88% 19.03% 478
18.57 Newell Rubbermaid Inc. NWL 0.61 3.40% 6.72% 0.54% 479
54.33 Sears Holdings Corporati SHLD 1.86 3.54% 2.28% -34.19% 480
28.41 Lennar Corporation LEN 1.03 3.76% 10.24% 6.93% 481
762.13 Priceline.com Inc PCLN 28.86 3.94% 7.32% 12.82% 482
13.44 Masco Corporation MAS 0.54 4.19% 12.00% 0.45% 483
77.51 Cerner Corporation CERN 3.69 5.00% 4.04% 0.75% 484
10.07 PulteGroup, Inc. PHM 0.49 5.11% 20.31% 8.40% 485
226.85 Amazon.com, Inc. AMZN 30.86 15.75% 19.41% 22.59% 486
40.31 Expedia Inc EXPE 7.68 23.54% 26.21% 19.93% 487

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