Pacific Gas and Electric Company (NYSE:PCG) said its crews worked overnight to assess damage and restore service where possible, at the scene of Thursday's explosion and fire in San Bruno, California. PG&E said gas flow has been turned off at the damaged gas pipeline, which is being investigated by the National Transportation Safety Board. PG&E said it will cooperate fully and take all necessary steps to resolve any PG&E-related issues the investigation identifies. Shares of PG&E were trading off more than 6 and a half percent Friday; the stock had previously hit a 52 week high on Tuesday, and had been trading near that high on Thursday.
Shares of Capstead Mortgage Corporation (NYSE:CMO) fell more than 5% after the company announced a quarterly dividend of 26 cents, which came in ten cents below the prior quarter's dividend of 36 cents, and is less than half the amount the company paid in the same quarter last year.
Smith & Wesson (NASDAQ:SWHC) posted a quarterly profit of 10 cents per share, down from 21 cents in the same quarter last year. Analysts had been looking for earnings of 11 cents. Shares were off more than 8% to 3.63 per share, which compares to a 52 week high north of the 6 dollar mark set a year ago.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
The collective wisdom of the membership
Launch related slideshow:
Wednesday 7/30 Insider Buying Report: PENN, FISI
Wednesday 7/30 Insider Buying Report: GLF, LTM
Tuesday 7/29 Insider Buying Report: CPSS, TWI
S&P 500 Movers: GNW, EW
Nasdaq 100 Movers: GRMN, REGN
Dow Movers: UNH, NKE
S&P 500 Analyst Moves: LYB
S&P 500 Analyst Moves: MCK
S&P 500 Analyst Moves: HON
Wednesday Sector Leaders: Agriculture & Farm Products, Music & Electronics Stores
Wednesday Sector Laggards: General Contractors & Builders, Precious Metals
Tuesday Sector Leaders: Biotechnology, Metals Fabrication & Products
Wednesday's ETF with Unusual Volume: MTUM
Wednesday's ETF Movers: FDN, XLU
FXR, FGM: Big ETF Outflows
Daily Dividend Report: WLP, AFL, AMP, LUV, STJ, GWW, KIM, CNX, LUK, CHD, AWK, GCI, ENB
Daily Dividend Report: IBM, EXC, WYNN, ENR, CLF, VLO, CR, DK
Daily Dividend Report: K, WWE, AMGN, ETR, AVY, RBC
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: July 25, 2014
Weekly Market Wrap: July 18, 2014
Weekly Market Wrap: July 11, 2014
Week Ahead Market Report: July 28, 2014
Week Ahead Market Report: July 21, 2014
Week Ahead Market Report: July 14, 2014