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 knowledge I've gathered has been well worth
Launch related slideshow
Nasdaq 100 Movers: BIIB, INTU
Friday 3/7 Insider Buying Report: YUME, HSC
Thursday 3/6 Insider Buying Report: ICUI, SLRC
S&P 500 Movers: BTU, VFC
Dow Movers: GE, NKE
S&P 500 Movers: SPLS, VLO
S&P 500 Analyst Moves: PWR
S&P 500 Analyst Moves: GWW
S&P 500 Analyst Moves: JNPR
Friday Sector Leaders: Defense, Auto Dealerships
Friday Sector Laggards: Computer Peripherals, Precious Metals
Thursday Sector Leaders: Metals Fabrication & Products, Oil & Gas Refining & Marketing Stocks
Friday's ETF with Unusual Volume: IBB
Friday's ETF Movers: KRE, GDXJ
EEM, IFNA: Big ETF Outflows
Daily Dividend Report: HRC, TCO, AMT, CVS
Daily Dividend Report: NMFC, MITT, AE
Dividend Increases: GD, DVN, MLR
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
ADP National Employment Report Released
Weekly Market Wrap: March 7, 2014
Weekly Market Wrap: February 28, 2014
Weekly Market Wrap: February 21, 2014
Week Ahead Market Report: March 3, 2014
Dow Movers: JPM, WMT
Week Ahead Market Report: February 24, 2014