The markets tried to hold onto yesterday's gains, which proved to be a challenge after the return of worries over the European debt crisis.
On the economic front, the Mortgage Bankers Associatiion reported a 4.1 percent decline in mortgage applications in the last week of 2011.
Also in economic news, November saw a 1.8 percent increase in factory orders, thanks to more demand for airplanes.
Internet search engine Yahoo (NASDAQ:YHOO) will reportedly name PayPal President Scott Thompson as CEO.
Yahoo has been struggling with competition from newer companies, such as Google (NASDAQ:GOOG) and Facebook.
AT&T (NYSE:T) has settled a patent infringement dispute with Tivo (NASDAQ:TIVO). As part of the agreement, AT&T will pay Tivo a minimum of $215 million and additional monthly licensing fees.
Shares of Eastman Kodak (EK) are sharply lower today after news that the company could be preparing to file for bankruptcy.
This comes after a warning from NYSE that it could be kicked off the exchange, unless share prices pick up over the next 6 months.
Tomorrow, we'll take a look at the ADP Employment report, chain store sales, as well as earnings from Monsanto (NYSE:MON).
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 an awesome community of bright, serious, passionate
Launch related slideshow:
Friday 9/23 Insider Buying Report: HDS, NBLX
Thursday 9/22 Insider Buying Report: NVAX, TAX
Thursday 9/22 Insider Buying Report: IMDZ, AMBC
Nasdaq 100 Movers: ALXN, BMRN
S&P 500 Movers: CRM, ENDP
Dow Movers: TRV, DD
S&P 500 Analyst Moves: CMCSA
S&P 500 Analyst Moves: ADBE
S&P 500 Analyst Moves: ALXN
Friday Sector Laggards: Oil & Gas Exploration & Production, Precious Metals
Friday Sector Leaders: Apparel Stores, Department Stores
Thursday Sector Laggards: Metals & Mining, Precious Metals
Friday's ETF with Unusual Volume: VFH
Friday's ETF Movers: XPH, GDXJ
VGK, EPHE: Big ETF Outflows
Daily Dividend Report: MAS, WPC, RTN, CAG, UDR
Daily Dividend Report: LMT, IDCC, SAFM, CVS, LEN
Daily Dividend Report: MSFT, TGT, MMC, PCG, ESS, FE, PNM
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: August 14, 2015
Weekly Market Wrap: August 7, 2015
Weekly Market Wrap: July 31, 2015
Week Ahead Market Report: June 8, 2015
Week Ahead Market Report: May 18, 2015
Week Ahead Market Report: May 4, 2015