Stock message boards
MNV
Market News Video
MNV MNV Model Portfolios ChartZero
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

Weekly Market Wrap: January 13, 2011
Friday, January 13, 5:55 PM ET

This second trading week of 2012 comes to a close with investors trying to come to terms with continued problems in Europe.

Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for Friday Jaunary 13, 2012.

The S&P 500, the Dow Jones Industrial Average, and the Nasdaq were all higher this week.

Crude oil futures are lower this week, trading around $99.19 per barrel on Friday afternoon.

Gold futures are higher this week, to around $1638.38 an ounce.

In notable economic news this week, the Labor Department announced that applications for weekly unemployment benefits increased, mostly because companies laid off thousands of seasonal holiday employees. The Commerce Department announced that retail sales incrased slightly in December, but the 8 percent increase in 2011 over 2010 is the largest percentage increase since twelve years.

In corporate news this week, Tiffany (NYSE:TIF) announced that same store sales for the two months ended on December 31st incrased by 4%, and worldwide sales increased by 7%, to $952 million. The company expects to earn between $3.60 and $3.65 per share this year, versus the $3.70 it had previously expected.

Juniper Networks (NYSE:JNPR) lowered its fourth quarter outlook this morning, blaming it on weak demand from service providers. The company expects to earn between 26 and 28 cents per share on revenue of $1.11 billion to $1.12 billion, versus its previous forecast of 32 to 36 cents per share on revenue of $1.16 billion to $1.22 billion. The company also expects margins to come in below the prior projection of 21% to 23%.

Supervalu (NYSE:SVU) announced that its third quarter loss increased to $750 million, or $3.54 per share, versus $202 million, or $0.95 per share in the same period last year. Excluding one time charges, the company did earn a profit of $50 million, or $0.24 per share. Revenue was $8.33 billion, versus $8.67 billion in the same period last year.

Builder Lennar (NYSE:LEN) announced earnings of $30.3 million, or 16 cents per share, versus $32 million, or 17 cents per share in the same period of last year. Revenue, however increased by 10.8% to $952.7 million. Income results were short of the analyst estimate of 18 cents per share, but revenue results beat estimates of $914 million.

JPMorgan Chase & Co. (NYSE:JPM) announced this morning that its fourth quarter earnings were lower by 23 percent, which analysts had expected, mainly due to the effects of the European debt crisis. Net income was $3.72 billion, or 90 cents per share, versus $4.83 billion or $1.12 per share, in the same period last year.

This is the 'Weekly Market Wrap' for Friday January 13. Please join us on Tuesday for the 'Week Ahead Market Report."

Weekly Market Wrap: January 13, 2011 picture
Weekly Market Wrap: April 17, 2014 Weekly Market Wrap: April 17, 2014
Thursday, April 17, 4:51 PM ET
Weekly Market Wrap: April 11, 2014 Weekly Market Wrap: April 11, 2014
Friday, April 11, 4:45 PM ET
MNV
MNV
MNV
Weekly Market Wrap: April 4, 2014 Weekly Market Wrap: April 4, 2014
Friday, April 4, 4:07 PM ET
Weekly Market Wrap: March 28, 2014 Weekly Market Wrap: March 28, 2014
Friday, March 28, 4:24 PM ET
MNV
MNV
MNV
Weekly Market Wrap: March 21, 2014 Weekly Market Wrap: March 21, 2014
Friday, March 21, 5:13 PM ET
Weekly Market Wrap: March 14, 2014 Weekly Market Wrap: March 14, 2014
Friday, March 14, 4:31 PM ET
MNV
MNV
MNV
Weekly Market Wrap: March 7, 2014 Weekly Market Wrap: March 7, 2014
Friday, March 7, 4:47 PM ET
Weekly Market Wrap:  February 28, 2014 Weekly Market Wrap: February 28, 2014
Friday, February 28, 3:15 PM ET
MNV
MNV
MNV
Weekly Market Wrap:  February 21, 2014 Weekly Market Wrap: February 21, 2014
Friday, February 21, 2:50 PM ET
Weekly Market Wrap:  February 14, 2014 Weekly Market Wrap: February 14, 2014
Friday, February 14, 4:06 PM ET
MNV
MNV
MNV
Weekly Market Wrap:  February 7, 2014 Weekly Market Wrap: February 7, 2014
Friday, February 7, 4:09 PM ET
Week Ahead Market Report:  February 3, 2014 Week Ahead Market Report: February 3, 2014
Monday, February 3, 12:32 PM ET
MNV
MNV
MNV
Weekly Market Wrap:  January 31, 2014 Weekly Market Wrap: January 31, 2014
Friday, January 31, 3:34 PM ET
Weekly Market Wrap:  January 24, 2014 Weekly Market Wrap: January 24, 2014
Friday, January 24, 4:14 PM ET
MNV
MNV
MNV
Weekly Market Wrap: January 13, 2011  NOW PLAYING
Weekly Market Wrap: January 13, 2011
Friday, January 13, 5:55 PM ET
More Market News Videos | 1 2 3 4 5 6 7 next »
Symbol Cloud:   AA   AAPL   ADBE   ADM   ANF   BA   BAC   BBBY   BBY   BEAM   BP   C   CAG   CHK   CMCSA   COST   CTB   CVS   CVX   DAL   DD   DE   DEST   DG   DISH   FB   FCX   FDX   GD   GE   GIS   GM   GOOG   GS   HD   HPQ   HRB   INTC   IRM   JBLU   JNJ   JOSB   JOY   JPM   K   KO   KORS   KR   LEN   LNDC   LNKD   LOW   LULU   M   MA   MCD   MMM   MO   MON   MRK   MS   MSFT   ORCL   P   PEP   PFE   PIR   S   SFD   SHLD   SPLS   SWY   TGT   TIF   TIVO   TM   TOL   TSLA   TWTR   TWX   UBS   UNH   UTX   VZ   WAG   WFC   WMT   YUM   ZLC
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 Stock Market Definitions
MNV

Weekly Market Wrap: January 13, 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.