Markets are relatively flat this morning, with companies waiting to release news until after the New Year's holiday.
Driving markets today will be news about jobless claims. Data released by the government on the labor market was better than economists had hoped for, but shows that the labor market remains soft. New claims for unemployment benefits dropped 34,000 to a seasonally adjusted 388,000. This is lowest reading since early July 2008. Economists had expected the number to be 415,000.
In corporate news, Endo Pharmaceuticals (NASDAQ:ENDP) and ProStrakan received approval for Fortesta testosterone gel, meant to treat men with low testosterone.
Lockheed Martin (NYSE:LMT) and the Australia's Austal were awarded U.S. Navy contracts valued at least $3.5 billion each to design and build up to 20 combat ships through 2015.
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.
VF is about finding the next value/growth sector/investment
Launch related slideshow:
Friday 1/30 Insider Buying Report: BK, MSFT
Thursday 1/29 Insider Buying Report: ALNY, SSB
Thursday 1/29 Insider Buying Report: VSTM, OKSB
Dow Movers: MSFT, V
Nasdaq 100 Movers: PCAR, AMZN
S&P 500 Movers: PCAR, BIIB
S&P 500 Analyst Moves: R
Dow Analyst Moves: CVX
Dow Analyst Moves: GE
Friday Sector Laggards: Textiles, Water Utilities
Friday Sector Leaders: Information Technology Services, Rental, Leasing, & Royalty Stocks
Thursday Sector Leaders: General Contractors & Builders, Education & Training Services
Friday's ETF Movers: GDXJ, ILF
XLF, QINC: Big ETF Outflows
HEDJ, PSAU: Big ETF Inflows
Daily Dividend Report: SPG, BRCM, HCP, FIS, XRX, DD
Daily Dividend Report: POT, AVB, RCI, DGX, PAG, XOM, V, MCD, HPQ, LMT, MCK
Daily Dividend Report: AAPL, WFC, IBM, EXC, BDX, JCI, NBL, GWW, PX
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: January 9, 2015
Weekly Market Wrap: January 2, 2015
Weekly Market Wrap: December 26, 2014
Week Ahead Market Report: January 26, 2015
Week Ahead Market Report: January 12, 2015
Week Ahead Market Report: December 29, 2014