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Thursday 21 January 2016
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Pre-Market Stocks Highlights: Bed Bath & Beyond (NASDAQ:BBBY), Autohome (NYSE:ATHM), Baker Hughes (NYSE:BHI), Xilinx, (NASDAQ:XLNX)

On Wednesday, Bed Bath & Beyond Inc. (NASDAQ:BBBY)’s shares declined -0.58% to $70.34.

Bed Bath & Beyond Inc. (BBBY) stated financial results for the first quarter of fiscal 2015 ended May 30, 2015.

Fiscal 2015 First Quarter Results

For the first quarter of fiscal 2015, the Company stated net earnings of $.93 per diluted share ($158.5 million) contrast with net earnings for the first quarter of fiscal 2014 of $.93 per diluted share ($187.1 million). Net sales for the first quarter of fiscal 2015 were about $2.738 billion, an enhance of about 3.1% from net sales of about $2.657 billion stated in the first quarter of fiscal 2014. Comparable sales in the first quarter of fiscal 2015 raised by about 2.2%, contrast with an enhance of about 0.4% in last year’s fiscal first quarter. Comparable sales for the first quarter of fiscal 2015 comprise an approximate 0.3% unfavorable impact from the year over year change in the Canadian currency exchange rate.

Bed Bath & Beyond Inc., together with its auxiliaries, operates a chain of retail stores. It sells a range of domestics merchandise, counting bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletops, basic housewares, general home furnishings, consumables, and certain juvenile products.

Autohome Inc (ADR) (NYSE:ATHM)’s shares gained 3.51% to $51.54.

Autohome Inc. (ATHM) the leading online destination for automobile consumers in China, recently declared that Mr. Xiang Li will step down from the position of President of the Company while remaining as a director on the board of directors, effective right away.

Autohome Inc. operates as an online destination for automobile consumers in the People’s Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers independent and interactive content to automobile buyers and owners, counting professionally produced content that comprises automobile-related articles and reviews, pricing trends in various markets, and photos and video clips; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other unique features, in addition to manufacturer’s’ suggested retail prices; new and used automobile listings, and promotional information; and user forums and user generated content. Autohome Inc. also offers advertising services for automakers and dealers; dealer subscription services that allow dealers to market their inventory and services through its Websites; used automobile listings services, which allow used automobile dealers and individuals to market their automobiles for sale on its Websites; and automobile dealer subscription services that enable dealers to establish and maintain online showrooms of automobiles with pricing and promotional information on autohome.com.cn.

At the end of Wednesday’s trade, Baker Hughes Incorporated (NYSE:BHI)‘s shares dipped -0.40% to $62.64.

Baker Hughes Incorporated (BHI) Hughes does pretty much anything and everything related to drilling for oil and gas anywhere. They are involved everywhere. That is why they are the ones that count the active rigs. Since they are somehow involved with everyone they have an accurate count. And those that follow the count have seen it plummet over the last 12 months.

Baker Hughes stock price ($BHI) also did some plummeting, but not nearly as bad as more oil sensitive stocks. It showed up on our radar at the start of April as a possible reversal candidate. From the chart below you can see it did break out and run higher through April, only to pullback.

That pullback has continued until Monday. But now it might be time to dip you toes back into the stock. The stock closed last week back at the falling trend support (was resistance in April) that it launched above nearly 3 months ago. And what happened? Both Friday and Monday printed bottoming candlesticks and the price is moving higher Tuesday, confirming a reversal.

The RSI is also turned back higher and rising while the MACD is trying to level and turn higher as well. With a higher low in place, you could use the falling trend line as a stop, giving a great reward to risk ratio, even if it only gets to the top of the Bollinger Bands® near 66.

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which comprise drill bits for performance drilling, hole enlargement, and coring; conventional and rotary steerable systems used to drill wells; measurement-while-drilling and logging-while-drilling systems to perform reservoir navigation services; drilling optimization services; tools for coil tubing drilling and wellbore re-entry systems; coring drilling systems; surface logging; emulsion and water-based drilling fluids systems; reservoir drill-in fluids; and fluids environmental services.

Xilinx, Inc. (NASDAQ:XLNX), ended its Wednesday’s trading session with -0.78% loss, and closed at $45.75.

Xilinx, Inc. (XLNX) will be demonstrating its ‘Any Media over Any Network’ solutions optimized for the Pro A/V industry at InfoComm 2015. Xilinx will showcase its All Programmable IP for video processing, video connectivity and Codecs that support 4K and beyond at InfoComm 2015, June 17-19, at the Orlando Convention Center.

Xilinx Demonstrations – Booth #3785

  • Xilinx HDMI 1.4 and 2.0 -IP cores for both HDMI 1.4 and HDMI 2.0 from Xilinx will be demonstrated on a Xilinx KC705 Kintex®-7 FPGA Evaluation Kit using the newly released HDMI 4K FMC from inrevium AMERICA.
  • Xilinx DisplayPort 1.2 with HDCP 1.3 -A new Xilinx IP core for HDCP 1.3 content protection will be shown integrated with DisplayPort 1.2 in a new reference design for 4K display systems. The design runs on a Xilinx KC705 Kintex-7 FPGA Evaluation Kit and uses the latest DisplayPort 1.2 FMC from inrevium AMERICA.
  • Xilinx and Omnitek 4K Video Processing–Fast time-to-market reference design that supports multi-channel 4K video using the latest video connectivity standards counting 12G-SDI and DisplayPort 1.2 with broadcast quality video processing This reference design will be demonstrated on Omnitek’s OZ745 turnkey hardware platform which provides OEMs with a fast go to market solution.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP), which comprises of Xilinx and various third-party verification and IP cores.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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