Chesapeake Energy Corporation (NYSE:CHK) released its production outlook on February 6, 2014 which sent the share price of the company sharply lower as its 2014 guidance came in lower than what analysts expected. Chesapeake Energy Corporation (NYSE:CHK) stock opened at $24.94 in last session, and closed at $24.75, while the day range of CHK stock is $24.68 – $25.10. The stock showed a negative weekly performance of -5.57%.
Broadcom Corp. (NASDAQ:BRCM), Nokia Solutions and Networks (NSN) and Finnish operator Elisa announced the first ever demonstration of LTE Advanced (LTE-A) carrier aggregation Category 6 (Cat 6) data rates of 300 Mbps on a live commercial network in the Nordic countries. Broadcom Corporation (NASDAQ:BRCM) stock opened at $30.74, in last session and closed at $30.81, by gaining 0.46%. The 52 week range of BRCM is $23.25 – $37.85. Company’s market capitalization is $17.90billion.
On a related note, analysts at JPMorgan Chase & Co. (NYSE:JPM) downgraded shares of Blackbaud from a “neutral” rating to an “underweight” rating in a research note. JPMorgan Chase & Co. (NYSE:JPM) stock advanced 0.16% and finished the last session at $57.52. The EPS of the stock remained 4.36. Company’s market capitalization is $216.05billion.
Baidu Inc (ADR) (NASDAQ:BIDU), China’s web services giant, wants a piece of the rapidly growing China-oriented film production sector, with its most recent venture, Aquamen Entertainment. Baidu Inc (ADR) (NASDAQ:BIDU) stock opened the session at $167.82, and closed the session at $167.05. The 52 week range of the BIDU stock remained $82.98 – $185.50 and the day range was $164.57 – $168.29.