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.
ValueForum is like having a thousand set of eyes
Launch related slideshow:
Tuesday 4/22 Insider Buying Report: NHF, ARCP
Monday 4/21 Insider Buying Report: TY, MILL
Monday 4/21 Insider Buying Report: ARMF, BAGL
S&P 500 Movers: PNR, AGN
Nasdaq 100 Movers: VIP, NFLX
Dow Movers: MCD, HD
Dow Analyst Moves: MSFT
S&P 500 Analyst Moves: FOXA
Dow Analyst Moves: XOM
Monday Sector Leaders: Rental, Leasing, & Royalty, Department Stores
Monday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Thursday Sector Leaders: Communications Services, Agriculture & Farm Products
Tuesday's ETF Movers: XBI, ILF
DXJ, FXE: Big ETF Outflows
XLF, XOP: Big ETF Inflows
Daily Dividend Report: MET, SPG, SO, NBL, SYK
Daily Dividend Report: OKE, NRG, HAS, ED, COL
Daily Dividend Report: MS, PPG, DFS, SLB, GS
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: April 17, 2014
Weekly Market Wrap: April 11, 2014
Weekly Market Wrap: April 4, 2014
Week Ahead Market Report: April 21, 2014
Week Ahead Market Report: April 14, 2014
Week Ahead Market Report: April 7, 2014