Hot Earning Forecast for J.C. Penney, Microsoft, Cisco, Petroleo Brasileiro Petrobras SA, Vale SA, and Barrick Gold

Oct 01, 2013, 09:00 ET from

HONG KONG, Oct. 1, 2013 /PRNewswire/ -- has issued earnings forecast reports for investors digging US stock market's real value: J.C. Penney (NYSE: JCP), Microsoft (NASDAQ: MSFT), Cisco (NASDAQ: CSCO), Petroleo Brasileiro Petrobras SA (NYSE: PBR), Vale SA (NYSE: VALE), and Barrick Gold (NYSE: ABX).


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Report Highlights:

J.C. Penney Company, Inc. (NYSE: JCP): By the end of trading session, J.C. Penney (NYSE: JCP) shares dropped 2.71% to US$8.81 with more than 61.35 million shares traded, compared to its average volume of 39.34 million shares. The troubled retailer sold 84 million shares for "general corporate purposes," which sent it to the new historical low price of US$8.59 since 1982. Observing comprehensive analysis of J.C. Penney could help investors avoid big loss in investment. Check JCP earnings forecast report below.

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Microsoft Corporation (NASDAQ: MSFT): Microsoft (NASDAQ: MSFT) shares began the trading session with a price of US$33.00. When day-trade ended, the stock finally earned 0.03% (or US$0.01) to US$32.28. The stock traded 39.84 million shares in the last trading session, compared to its daily average of 61.56 million shares. The Nokia Lumia 520 was named as the most successful Windows hardware product ever. Microsoft expects the next Windows Phone's wave of growth will be driven by Nokia's expansion into the low and mid-range market, especially for the no-contract market. Investors may want to find out where Microsoft will go from here. Observe comprehensive MSFT earnings forecast report here.

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Cisco Systems, Inc. (NASDAQ: CSCO): The shares of Cisco (NASDAQ: CSCO) began the trading session with a price of US$23.12. When day-trade ended, the stock price rose 0.43% to US$23.43 by the end of last trading session. The stock traded 40.34 million shares in the last trading session, compared to its daily average of 33.33 million shares. The company CEO, John Chambers, received US$21.1 million in compensation for the company's fiscal 2013, which was almost double the amount of previous period. Do you think Cisco will go on? Do you think now is a good time to buy the stock? Investors could check CSCO earnings forecast report here.

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Today also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:

Petroleo Brasileiro Petrobras SA (ADR) (NYSE: PBR):

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Barrick Gold Corporation (USA) (NYSE: ABX):

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