Stock message boards
MNV
Market News Video
MNV MNV 10 Oversold Stocks You Need To Know About
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
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteValueForum will expose you to a wealth of ideas and sectors,
and keep you ahead of the curve.
more testimonials »

Weekly Market Wrap: April 13, 2012
Friday, April 13, 5:13 PM ET

This fifteenth trading week of 2012 comes to a close with investors selling stocks due to concerns about the pace of global growth.

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

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

Crude oil futures are slightly lower in afternoon trading, to around $102.83 per barrel.

Gold futures are higher this week, to $1654.02 an ounce in afternoon trading.

In notable economic news this week, new claims for unemployment benefits rose to their highest level since January. Initial claims for state unemployment benefits increased 13,000 to a seasonally adjusted 380,000, according to the Labor Department.

In corporate news this week, Supervalu (NYSE:SVU) announced that it lost $424 million, or $2 per share, for its fiscal fourth quarter, versus a profit of $95 million, or 44 cent per share, in the same period last year. The company operates grocery chains such as Albertsons and Jewel-Osco. Excluding one times items, the company said it earned 38 cents per share, beating estimates of 35 cents per share.

Aluminum maker Alcoa (NYSE:AA) reported that it earned $0.10 per share in its first quarter, surpassing analyst estimates of a $0.04 per share loss. Revenue was $6 billion, beating estimates of $5.77 billion, with the company saying that it was experiencing rapid growth in the Chinese market.

Rite Aid (NYSE:RAD) announced that it lost $163.8 million, or 18 cents per share, during the fourth quarter, versus a loss of $205.7 million, or 24 cents per share, in the same period last year. Revenue increased to $7.15 billion from $6.46 billion. Excluding one time items, the company lost 4 cents per share. Analysts had expected the company to lose 14 cents per share on revenue of $7.12 billion. Rite Aid expects to lose between 13 and 31 cents per share during 2013, and expects same store sales to range from flat to up by 1.5 percent.

J.P. Morgan (NYSE:JPM) reported that it earned $5.38 billion, or $1.31 per share down from $5.56 billion in the same period last year. Analysts had expected earnings of $1.18 per share. Revenue increased by 6.3 percent to $27.42 billion, beating analyst estimates of $24.68 billion.

Wells Fargo (NYSE:WFC) announced that it earned $4.25 billion in the first quarter, up from $3.76 billion in the same period last year. Revenue increased by 6.4% to $21.64 billion, beating analyst estimates of $20.51 billion.

This is the 'Weekly Market Wrap' for Friday April 13, 2012. Please join us on Monday for the 'Week Ahead Market Report."

For MarketNewsVideo.com, I'm Sayoko Murase.

Weekly Market Wrap: April 13, 2012 picture
Friday 1/23 Insider Buying Report: CPRX, MEIPFriday 1/23 Insider Buying Report: CPRX, MEIP
Related symbols: CPRX,MEIP
Friday 1/23 Insider Buying Report: AZZ, FGPFriday 1/23 Insider Buying Report: AZZ, FGP
Related symbols: AZZ,FGP
Thursday 1/22 Insider Buying Report: CMA, AEOThursday 1/22 Insider Buying Report: CMA, AEO
Related symbols: CMA,AEO
10 Bargains You Can Buy Cheaper Than Insiders Did
Top Ranked Dividend Stocks With Insider Buying
10 Stocks Crossing Below Book Value
10 Oversold Stocks You Need To Know About
10 Stocks Crossing Above Their 200 Day Moving Average
10 Stocks Crossing Below Their 200 Day Moving Average
The 10 Most Popular Large-Caps in ETFs
The Top 10 DividendRank'ed DJIA Components
Nasdaq 100 Movers: KLAC, SBUXNasdaq 100 Movers: KLAC, SBUX
Related symbols: KLAC,SBUX
S&P 500 Movers: UPS, ETFCS&P 500 Movers: UPS, ETFC
Related symbols: UPS,ETFC
Dow Movers: JNJ, VDow Movers: JNJ, V
Related symbols: JNJ,V
S&P 500 Analyst Moves: ECLS&P 500 Analyst Moves: ECL
Related symbols: ECL
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: MUS&P 500 Analyst Moves: MU
Related symbols: MU
Dow Analyst Moves: UTXDow Analyst Moves: UTX
Related symbols: UTX
Friday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining StocksFriday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: ANV,SVLC,CENX,CLF
Friday Sector Leaders: Sporting Goods & Activities, Manufacturing StocksFriday Sector Leaders: Sporting Goods & Activities, Manufacturing Stocks
Related symbols: WBAI,SNOW,INFN,PLCM
Thursday Sector Leaders: Airlines, RailroadsThursday Sector Leaders: Airlines, Railroads
Related symbols: GOL,LUV,PWX,UNP
Friday's ETF with Unusual Volume: KIEFriday's ETF with Unusual Volume: KIE
Related symbols: KIE,MET,AIG,MBI,GNW
Friday's ETF Movers: FDN, GDXJFriday's ETF Movers: FDN, GDXJ
Related symbols: ETFC,P,ANV,AGI,GDXJ,FDN
EEM, CMDT: Big ETF OutflowsEEM, CMDT: Big ETF Outflows
Related symbols: EEM,CMDT,BAP,MBT
Daily Dividend Report: INTC, CMS, WES, ALE, SBUX, PH, POM, CNW, FULDaily Dividend Report: INTC, CMS, WES, ALE, SBUX, PH, POM, CNW, FUL
Related symbols: INTC,CMS,WES,ALE,SBUX,PH,POM,CNW,FUL
Daily Dividend Report: MWE, ALK, GM, ADP, AEP, BHI, BRODaily Dividend Report: MWE, ALK, GM, ADP, AEP, BHI, BRO
Related symbols: MWE,ALK,GM,ADP,AEP,BHI,BRO
Daily Dividend Report: O, OGS, FE, EQT, CIT, NRP, BGGDaily Dividend Report: O, OGS, FE, EQT, CIT, NRP, BGG
Related symbols: O,OGS,FE,EQT,CIT,NRP,BGG
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: January 9, 2015Weekly Market Wrap: January 9, 2015
Related symbols: BAC,SAN,AAPL,CL,MET,COG,DDR
Weekly Market Wrap: January 2, 2015Weekly Market Wrap: January 2, 2015
Related symbols: BAC,AAPL,GE,SIRI,DOC,TCFC,NYRT,PNC
Weekly Market Wrap: December 26, 2014Weekly Market Wrap: December 26, 2014
Related symbols: BAC,AAPL,RAD,GILD,GRPN
Week Ahead Market Report: January 12, 2015Week Ahead Market Report: January 12, 2015
Related symbols: NPSP,BAC,AAPL,MU,CSCO
Week Ahead Market Report: December 29, 2014Week Ahead Market Report: December 29, 2014
Related symbols: BAC,AAPL,RAD,SIRI,ACHI,GAME,EXPO
Week Ahead Market Report: December 22, 2014Week Ahead Market Report: December 22, 2014
Related symbols: GILD,ACHN,RAD,BAC,CAMP,WAG,SCS
All videos » |  Stock market definitions »
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  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Portfolio Channel Stock Market Definitions
MNV

Weekly Market Wrap: April 13, 2012 | Market News Video | Copyright © 2008 - 2015, 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.