So far in the day, the stock hit a high at $61.45 on Wednesday.
Apple Computer, Inc. (NASDAQ: AAPL):
Apple has been trying to grapple with the slumping consumer spending. It unveiled a new line of MacBook laptops on Tuesday. Cupertino, Calif.-based Apple also slashed the price of its entry-level MacBook to $999 from $1,099. On Wednesday, analyst at JPMorgan Chase & Co. (NYSE: JPM) upgraded Apple to "Overweight" from "Neutral," but slashed its 2009 earnings per share forecast to $5.27 from $6.02. At 11:33am ET, shares of the firm gained despite overall negative market sentiment by 78 cents or 0.75 percent to $104.86. The stock hit a high so far in the day at $107.00.
Symantec Corp. (NASDAQ: SYMC):
The security and storage management vendor expanded its solutions, which can now be added to enterprise applications. It launched Open Collaborative Architecture, which is a Web services-based service that will help enterprise applications access to Symantec products for their services. Shares of the firm were trading slightly by 10 cents or 0.68 percent to $14.69 at 11:40am ET.
Xilinx Inc (NASDAQ GS: XLNX):
The programmable logic company is expected to have better earnings during the ongoing crisis. Shares of the firm were moving down by 42 cent or 2.01 percent to $20.51 at 11:45am ET, with a high $21.82 so far into the day. The stock has ranged between a low of $18.29 and a high of $28.21 over the period of 52 weeks and has a dividend yield at 2.74 percent.
Altera Corporation (NASDAQ GS: ALTR):
The maker of programmable chips has warned about its fourth quarter sales to decline compared to the market analysts expectations. But its third quarter profit, reported Tuesday, increased by 37 percent to $94.7 million, or 31 cents per share, compared to $69 million, or 20 cents per share, in the same period a year ago.
