Daily Market Wrap: January 4, 2011 Wednesday, January 4, 4:01 PM ET
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.
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:
For Marketnewsvideo.com, I'm Sayoko Murase.
Friday Sector Leaders: Music & Electronics Stores, Information Technology Services
Related symbols: RSH, CONN, RALY, SPLK
Friday Sector Laggards: Shipping, Department Stores
Related symbols: FRO, NM, FRED, BIG
Thursday Sector Leaders: Music & Electronics Stores, Rental, Leasing, & Royalty Stocks
Related symbols: RSH, BBY, ECT, SJT
SH, FXS: Big ETF Outflows
Related symbols: SH, FXS
ACWI, SRTY: Big ETF Inflows
Related symbols: ACWI, SRTY, AAPL, XOM
Friday's ETF with Unusual Volume: IXN
Related symbols: IXN, AAPL, INTC, AVGO, PAYX
Daily 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, OFG
Related symbols: TD, HUM, ROC, WR, CBL, PPS, OFG
Daily Dividend Report: BBY, SLH, CSCO, DE, BDC, GEF
Related symbols: BBY, SLH, CSCO, DE, BDC, GEF
Weekly Market Wrap: August 29, 2014
Related symbols: RSH, AAPL, BAC, TWTR, HUM, BBY, CSCO, LOW, PPL, SYY
Weekly Market Wrap: August 22, 2014
Related symbols: BAC, AAPL, CRM, NOC, JWN, JOY, CTL, WHR, GPS
Weekly Market Wrap: August 15, 2014
Related symbols: JCP, BAC, SIRI, AAPL, MMM, NKE, EFX, UNH, PRU
Week Ahead Market Report: August 25, 2014
Related symbols: BAC, ITMN, AAPL, JCP, TIF, GCO, BIG, BBY
Week Ahead Market Report: August 18, 2014
Related symbols: AMD, DG, AAPL, DKS, HD, AEO, HP, GPS, DLTR, FL
Week Ahead Market Report: August 11, 2014
Related symbols: KMI, AAPL, BAC, FST, URS, CSCO, AAP, JCP, EL
All videos » |
Stock market definitions »
Daily Market Wrap: January 4, 2011
| 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.