Stock News Highlights October 14th

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Following is some information on stocks that are trending on traders’ screens today.

  • Shares of Riverbed Technology (NASDAQ:RVBD) are trading up today after analysts issued positive comments about the company.  The shares recently traded at $23.02, up $1.56, or 7.24%, on the day.  The shares have traded in a 52-week range of $18.33 to $44.70 and its market capitalization is $3.58 billion.  Both Lazard and ThinkEquity analysts are bullish.  About the company: Riverbed Technology, Inc manufactures and markets appliances used to connect computers in wide area networks.  Competitors include: Juniper Networks (NYSE:JNPR), Cisco Systems (NYSE:CSC), F5 Networks (NASDAQ:FFIV), and Acme Packet (NASDAQ:APKT).
  • Shares of DuPont (NYSE:DD) are trading higher despite being told by a South African regulator that the company cannot purchase a seed company.  The shares are trading at $44.65, up $0.88, or 2.01%, on the day.  The shares have traded in a 52-week range of $37.10 to $57 and its market capitalization is $41.64 billion.  The Wall St. Journal reports that this reflects a growing trend in South Africa of prohibiting foreign ownership of South African companies.  About the company: E. I. du Pont de Nemours and Company is a global chemical and life sciences company, with businesses that include agriculture and industrial biotechnology, chemistry, biology, materials science and manufacturing. Competitors include: The Dow Chemical Company (NYSE:DOW), FMC Corporation (NYSE:FMC), Monsanto Company (NYSE:MON), and PPG Industries, Inc. (NYSE:PPG).
  • Shares of JB Hunt Transport Services (NASDAQ:JBHT) are higher today after the company reported that its Q3 earnings have increase 32% year-over-year.  The shares recently traded at $42.03, up $3.14, or 8.07%, on the day.  The shares have traded in a 52-week range of $34.42 to $49.12 and its market capitalization is $5.05 billion.  About the company: J.B. Hunt Transport Services, Inc and its subsidiaries provide transportation and logistics services in the United States, Canada, and Mexico.  The Company transports a variety of products including automotive parts, department store merchandise, paper and wood products, food and beverages, plastics, chemicals, and manufacturing materials and supplies.  Competitors include: Arkansas Best Corporation (NASDAQ:ABFS), Old Dominion Freight Line (NASDAQ:ODFL), Werner Enterprises, Inc. (NASDAQ:WERN), and Con-Way, Inc. (NYSE:CNW).

(Note: Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

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