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XRTUSTBigETFInflows
From: Market News Video on Mon, Jun 06 2011 5:25 PM
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest inflow was seen in the SPDR S&P Retail ETF (XRT), which added more than 11.5 million shares, or a 156% increase week over week. Among the largest underlying componen...
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MondaySectorLaggardsAgricultureFarmProductsCigarettesTobaccoStocks
From: Market News Video on Mon, Jun 06 2011 5:25 PM
In trading on Monday, agriculture & farm products shares were relative laggards, down on the day by about 3.4%. Helping drag down the group were shares of Origin Agritech Limited (SEED), off about 9.3% and shares of LE Gaga Holdings Limited (GAGA) down about 5.8% on the day.
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MondaysETFwithUnusualVolumeVOX
From: Market News Video on Mon, Jun 06 2011 5:25 PM
The Vanguard Telecommunication Services ETF (VOX) is seeing unusually high volume in afternoon trading Monday, with over 204,000 shares traded versus three month average volume of about 52,000. Shares of VOX were off about 0.3% on the day.
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MondaysETFMoversXHEKME
From: Market News Video on Mon, Jun 06 2011 5:25 PM
In trading on Monday, the SPDR S&P Health Care Equipment ETF (XHE) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Nuvasive (NUVA), up about 0.9% and shares of Boston Scientific (BSX), up about 0.9% on the day.
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OfferingsArchCoalAntheraPharmaceuticals
From: Market News Video on Sat, Jun 04 2011 9:29 AM
Arch Coal (ACI) said today it has priced a secondary offering of 48 million shares of common stock at $27 per share. Gross proceeds of the offerings will total about $1.3 billion, Arch said.
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EarningsAftertheBellDiamondFoodsQuiksilverSAICVerifone
From: Market News Video on Sat, Jun 04 2011 9:29 AM
Diamond Foods (DMND) reported fiscal third quarter earnings after the close of trading yesterday of $7.7 million, or $0.34 per share, a swing from a loss of $4.3 million, or $0.22 per share, last year. Adjusted earnings of $0.52 per share were ahead of analyst expectations, as was a 61% increase...
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InternetIPOsHeatUpWithPandoraAnnouncingPricing
From: Market News Video on Sat, Jun 04 2011 9:29 AM
Internet radio site Pandora Media said it expects to price its initial public offering at $7 to $9 per share. The offering is expected to total 13.7 million shares.
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WalgreensPostsMaySales
From: Market News Video on Sat, Jun 04 2011 9:29 AM
Walgreens (WAG) reported sales figures for May today, and said total sales rose 7% over last year, to $6.08 billion. Same-store sales rose 3.6% at the front end, and 6.7% at the pharmacy.
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SmithfieldFoodsTerminatesTakeoverDealwithCampofrio
From: Market News Video on Sat, Jun 04 2011 9:29 AM
Pork producer Smithfield Foods (SFD) said today it has terminated negotiations regarding its proposed takeover of Campofrio Foods. Smithfields CEO C.
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AnalystMovesCPRTALL
From: Market News Video on Sat, Jun 04 2011 9:29 AM
This morning, Goldman Sachs reduced its price target on shares of Copart (CPRT) to $47 as sales are on the decline. With the lower price target, Goldman lowered its EPS estimates but maintained its buy rating.
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AnalystMovesCLFJOYG
From: Market News Video on Sat, Jun 04 2011 9:29 AM
This morning, Citigroup increased its price target on shares of Cliffs Natural Resources (CLF) from $122 up to $127 following encouraging guidance from the company. With the higher price target, Citigroup maintained its buy rating.
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FridaysETFMoversEWACPSCM
From: Market News Video on Sat, Jun 04 2011 9:29 AM
In trading on Friday, the Rydex MSCI All Country World (ACWI) Equal Weight ETF (EWAC) is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Forest Labs (FRX), up about 3.4% and shares of Baker Hughes (BHI), up about 2...
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JoyGlobalEarningsRise34
From: Market News Video on Thu, Jun 02 2011 8:52 PM
Mining equipment maker Joy Global (JOYG) posted a 34% increase in earnings for its fiscal second quarter today, to $162 million, or $1.52 per share, from $120.4 million, or $1.15 per share last year. Sales rose 19%, to $1.1 billion, as demand for the companys products stayed strong.
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MallBasedRetailersOfferDisappointingResultsforMay
From: Market News Video on Thu, Jun 02 2011 8:52 PM
Mall-based apparel retailers presented largely disappointing results to the market today in their May sales reports. Limited Brands (LTD) posted same-store sales growth of 6% in May, missing analyst forecasts.
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DepartmentStoresSalesDisappointExceptatHighEnd
From: Market News Video on Thu, Jun 02 2011 8:52 PM
Dillards (DDS) reported sales store sales growth of 2% for May, missing analyst forecasts. Iconic department store retailer Macys (M) reported expectation-beating sales yesterday, ahead of the pack, with same-store sales up 7.4% in May.
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AmericanOrderedtoreinstateFlightonOrbitz
From: Market News Video on Thu, Jun 02 2011 8:52 PM
Travelers will soon begin seeing American Airlines flights on travel booking site Orbitz (OWW) again. Late yesterday, a judge ordered American Airlines parent AMR Corp.
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AnalystMovesEDMCHNZ
From: Market News Video on Thu, Jun 02 2011 8:52 PM
This morning, Bank of America upgraded shares of Education Management (EDMC) from underperform to neutral as relaxed regulations should help the company. With the upgrade, Bank of America set a price target of $24 per share.
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ThursdaySectorLeadersEducationTrainingServicesRailroads
From: Market News Video on Thu, Jun 02 2011 8:52 PM
In trading on Thursday, education & training services shares were relative leaders, up on the day by about 8%. Leading the group were shares of Corinthian Colleges (COCO), up about 31.1% and shares of Education Management (EDMC) up about 24.8% on the day.
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DailyDividendReportVZHDGDHESXCO
From: Market News Video on Thu, Jun 02 2011 8:52 PM
This morning, Verizon Communications (VZ) declared its quarterly dividend of 48.75 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 5.4% going forward.
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ThursdaysETFMoversOIHPJM
From: Market News Video on Thu, Jun 02 2011 8:52 PM
In trading on Thursday, the Oil Services HOLDRS ETF (OIH) is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Halliburton (HAL), up about 2.2% and shares of Nabors Industries Limited (NBR), up about 1.9% on the day.
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