Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Book Value
MNV
MNV
MNV
MNV
MNV
MNV
MNV


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
MNV Backgroundemail friendsEmail Friendsembed / linkEmbed VideorssRSS Feed standaloneLaunch Standalone Player
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteThis site is a gem, it is a site for learning, sharing
and especially making money.
more testimonials »

Weekly Market Wrap: 11/12/2010
Friday, November 12, 5:04 PM ET

The U.S. dollar strengthens as the G20 summit in Seoul comes to a close this week, as the markets turn lower on Friday on China inflation worries.

Hi. I’m Sayoko Murase. Welcome to the “Weekly Market Wrap” for Friday, November 12, 2010.

Markets were lower for the the week. The S&P, Dow, and Nasdaq each shed more than two percent.

Crude oil futures fell by over 2.5 percent for the week. Oil is trading at $84.89 a barrel on Friday afternoon.

Gold futures decreased by nearly 1.7 percent this week, trading at $1370.51 an ounce on Friday afternoon.

G20 leaders failed Friday to reach an agreement on slashing the “currency imbalances” that are in part responsible for the United States’ trillion-dollar deficit in foreign trade. Measures to increase the influence of emerging market countries were agreed upon, and both criticism and respect was bestowed upon China for its emergence as the world’s second largest economic power after the US.

In economic news this week, trade data released showed that United States exports were $154.1 billion in September, the highest level in at least the last two years. Imports were $198.1 billion, leaving a deficit of $44 billion in September, down from a revised $46.5 billion deficit in August.

In a positive development, jobless claims fell last week by about 24,000, to 435,000, the lowest level in four months.

In earnings news this week, Allscripts Healthcare Solutions (NASDAQ:MDRX) posted a decline in third quarter earnings, to $1.4 million, or $0.01 per share, compared to $12.9 million, or $0.09 per share, in the same quarter last year. Revenue grew to $242.4 million, from $164.9 million last year. Allscripts said it is expecting 10-12% revenue growth in fiscal 2011 on a non-GAAP basis.

Priceline.com (NASDAQ:PCLN) posted third quarter earnings of $223 million, or $4.41 per share, down from $319 million, or $6.42 per share, in the same quarter last year. Priceline is also predicting fourth quarter profit of $2.91 to $3.06 per share, better than analysts had forecast.

Lions Gate Entertainment (NYSE:LGF) posted a loss for its fiscal second quarter late yesterday, of $29.7 million, or $0.22 per share, compared to a profit of $31.7 million, or $0.26 per share, in the same quarter last year. Earnings per share were below Wall Street Forecasts, but revenue increased 25%, to $456.3 million, well ahead of analyst expectations.

Cisco Systems (NASDAQ:CSCO) posted an increase in fiscal first-quarter earnings late yesterday, but offered a disappointing outlook. Cisco said profits totaled $1.9 billion, or $0.34 per share, compared to $1.8 billion, or $0.30 per share, in the same quarter last year. Revenue increased 19%, to $10.75 billion. Adjusted earnings of $0.42 per share were just ahead of analyst expectations. Cisco’s outlook of 3-5% revenue growth in the second fiscal quarter disappointed analyst expectations, however.

Kohl’s (NYSE:KSS) posted third quarter earnings nearly flat vs. last year. Profits totaled $194 million, or $0.63 per share, compared to $193 million, or $0.63 per share, in the same quarter last year. Revenue rose to $4.22 billion, from $4.05 billion last year. Results were in-line with Wall Street expectations, although the retailer’s fourth quarter forecast of earnings in a range of $1.51 to $1.59 per share may disappoint some analysts, who are looking for $1.57 per share, on average.

This is the “Weekly Market Wrap” for Friday, November 12. Please join us on Monday for the “Week Ahead Market Report.”

For MarketNewsVideo.com, I’m Sayoko Murase.

Weekly Market Wrap: 11/12/2010 picture
Friday 8/29 Insider Buying Report: PFLTFriday 8/29 Insider Buying Report: PFLT
Related symbols: PFLT
Friday 8/29 Insider Buying Report: OFS, SREVFriday 8/29 Insider Buying Report: OFS, SREV
Related symbols: OFS,SREV
Thursday 8/28 Insider Buying Report: PVA, CIOThursday 8/28 Insider Buying Report: PVA, CIO
Related symbols: PVA,CIO
10 Bargains You Can Buy Cheaper Than Insiders Did
Top Ranked Dividend Stocks With Insider Buying
10 Stocks Crossing Below Book Value
10 Oversold Stocks You Need To Know About
10 Stocks Crossing Above Their 200 Day Moving Average
10 Stocks Crossing Below Their 200 Day Moving Average
The 10 Most Popular Large-Caps in ETFs
The Top 10 DividendRank'ed DJIA Components
S&P 500 Movers: UA, AVGOS&P 500 Movers: UA, AVGO
Related symbols: UA,AVGO
Nasdaq 100 Movers: WYNN, AVGONasdaq 100 Movers: WYNN, AVGO
Related symbols: WYNN,AVGO
Dow Movers: UTX, INTCDow Movers: UTX, INTC
Related symbols: UTX,INTC
S&P 500 Analyst Moves: COFS&P 500 Analyst Moves: COF
Related symbols: COF
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: CVXDow Analyst Moves: CVX
Related symbols: CVX
S&P 500 Analyst Moves: GDS&P 500 Analyst Moves: GD
Related symbols: GD
Friday Sector Leaders: Music & Electronics Stores, Information Technology ServicesFriday Sector Leaders: Music & Electronics Stores, Information Technology Services
Related symbols: RSH,CONN,RALY,SPLK
Friday Sector Laggards: Shipping, Department StoresFriday Sector Laggards: Shipping, Department Stores
Related symbols: FRO,NM,FRED,BIG
Thursday Sector Leaders: Music & Electronics Stores, Rental, Leasing, & Royalty StocksThursday Sector Leaders: Music & Electronics Stores, Rental, Leasing, & Royalty Stocks
Related symbols: RSH,BBY,ECT,SJT
Friday's ETF with Unusual Volume: IXNFriday's ETF with Unusual Volume: IXN
Related symbols: IXN,AAPL,INTC,AVGO,PAYX
Friday's ETF Movers: XBI, PIZFriday's ETF Movers: XBI, PIZ
Related symbols: UTHR,ARWR,IHG,GRF,PIZ,XBI
EWJ, UGE: Big ETF OutflowsEWJ, UGE: Big ETF Outflows
Related symbols: EWJ,UGE,ATVI,MO
Daily Dividend Report: EIX, RRC, LRCX, LINE, LNCO, PKG, BIG, BWSDaily Dividend Report: EIX, RRC, LRCX, LINE, LNCO, PKG, BIG, BWS
Related symbols: EIX,RRC,LRCX,LINE,LNCO,PKG,BIG,BWS
Daily Dividend Report: TD, HUM, ROC, WR, CBL, PPS, OFGDaily Dividend Report: TD, HUM, ROC, WR, CBL, PPS, OFG
Related symbols: TD,HUM,ROC,WR,CBL,PPS,OFG
Daily Dividend Report: BBY, SLH, CSCO, DE, BDC, GEFDaily Dividend Report: BBY, SLH, CSCO, DE, BDC, GEF
Related symbols: BBY,SLH,CSCO,DE,BDC,GEF
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 29, 2014Weekly Market Wrap: August 29, 2014
Related symbols: RSH,AAPL,BAC,TWTR,HUM,BBY,CSCO,LOW,PPL,SYY
Weekly Market Wrap: August 22, 2014Weekly Market Wrap: August 22, 2014
Related symbols: BAC,AAPL,CRM,NOC,JWN,JOY,CTL,WHR,GPS
Weekly Market Wrap: August 15, 2014Weekly Market Wrap: August 15, 2014
Related symbols: JCP,BAC,SIRI,AAPL,MMM,NKE,EFX,UNH,PRU
Week Ahead Market Report: August 25, 2014Week Ahead Market Report: August 25, 2014
Related symbols: BAC,ITMN,AAPL,JCP,TIF,GCO,BIG,BBY
Week Ahead Market Report: August 18, 2014Week Ahead Market Report: August 18, 2014
Related symbols: AMD,DG,AAPL,DKS,HD,AEO,HP,GPS,DLTR,FL
Week Ahead Market Report: August 11, 2014Week Ahead Market Report: August 11, 2014
Related symbols: KMI,AAPL,BAC,FST,URS,CSCO,AAP,JCP,EL
All videos » |  Stock market definitions »
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Chart Zero Stock Market Game Stock Market Definitions
MNV

Weekly Market Wrap: 11/12/2010 | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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.