NEW DELHI, INDIA, Nov. 20, 2009 (Marketwire) --
NEW DELHI, INDIA -- (Marketwire) -- 11/20/09 -- Drop in home construction led to modest losses on street yesterday. Longer term Treasury prices fell and shorter term Treasury's eked out modest gain Wednesday following remarks from Federal Reserve officials that suggested interest rates could stay low for several years to come. Today, we, at The Fortune Financial, have asked some of the top analysts worldwide to give us their updated feedback regarding the current market activity and position on Schnitzer Steel Industries Inc. (NASDAQ: SCHN), ViroPharma Inc. (NASDAQ: VPHM), T. Rowe Price Group Inc. (NASDAQ: TROW), Cirrus Logic Inc. (NASDAQ: CRUS), Veeco Instruments Inc. (NASDAQ: VECO) and Teton Energy Corp. (NASDAQ: TEC).
The following are extracts from today's analytical research reports
-- SCHN: The overall trend has been really flat over the past one month
with the first support level at $46.61 and first resistance level at
$48.34.
-- VPHM: The Company seems to be weathering the downturn well. The
revenues continue to grow while margin improvements are bolstering its
profitability.
-- TROW: The firm's third quarter results were achieved during a period
of very strong market performance that extended the impressive rally that
started in early March.
-- CRUS: The overall trend has been really bullish over the past one
month with the first support level at $5.39 and first resistance level at
$5.59.
-- VECO: Stock is looking strong on the charts.
-- TEC: The first quarter of 2009 has presented unique challenges.
Company continues to re-examine all aspects of its business and to look for
areas of improvement.
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TheFortuneFinancial.com is not affiliated or compensated by any of the above mentioned companies, nor do we own a position in any of the companies.
