Daily Market Wrap: May 10, 2012 Thursday, May 10, 4:57 PM ET
Stocks climbed back into positive territory after news of a better than expected jobs report that gave investors a sense of optimism.
The Labor Department is reporting a drop in weekly claims for unemployment last week, falling 1000 to a seasonally adjusted 367,000.
369,000 was the number economists were expecting.
Also on the economic front, the US trade deficit widened to $51.8 billion in March, which was more than expected, and also marked the fastest rate in 10 months.
Cisco Systems (NASDAQ:
CSCO) beat earnings expectations, but posted disappointing guidance, sending shares lower today.
Shares of Kohl's (NYSE:
KSS) are also trading lower today, after the retailer posted a steep drop in earnings, due to price cuts.
In M&A news, Coty upped its bid to acquire Avon Products (NYSE:
AVP) to about $10.7 billion. Coty said the offer will be withdrawn if Avon doesn't enter into discussions by Monday, May 14th.
Tomorrow, we'll take a look at the consumer sentiment report as well as earnings from Nvidia (NASDAQ:
For Marketnewsvideo.com, I'm Sayoko Murase.
Thursday Sector Leaders: Rental, Leasing, & Royalty, Defense Stocks
Related symbols: SDT, ROYT, ARTX, ASTC
Thursday Sector Laggards: Biotechnology, Music & Electronics Stores
Related symbols: CUR, ATNM, HGG, CONN
Wednesday Sector Leaders: Electronic Equipment & Products, Oil & Gas Exploration & Production Stocks
Related symbols: WTT, CRK, AREX
Thursday's ETF with Unusual Volume: GURU
Related symbols: GURU, MU, AAPL, MDLZ
Thursday's ETF Movers: GDX, XBI
Related symbols: HMY, IAG, KITE, NVAX, XBI, GDX
VYM, PSAU: Big ETF Outflows
Related symbols: VYM, PSAU, MSFT, GE, G, ABX
Daily Dividend Report: ACN, YUM, CPB, MKC, CLC, CMC, WOR
Related symbols: ACN, YUM, CPB, MKC, CLC, CMC, WORAccenturehasdeclaredasemi-annualcashdividendof$1.02pershareonAccentureClassAordinarysharesforshareholdersofrecordatthecloseofbusinessonApril10, andAccentureSCAwilldeclareasemi-annualcashdividendof$1.02pershareonAccentureSCAClassIcommonsharesforshareholdersofrecordatthecloseofbusinessonApril7, 2015.ThesedividendsarebothpayableonMay15, 2015.Yum!Brands(YUM)declaredadividendof$0.41pershareofcommonstock.ThequarterlydividendwillbedistributedMay1, 2015toshareholdersofrecordatthecloseofbusinessonApril10, 2015.CampbellSoupCompany(NYSE:CPB)declaredaregularquarterlydividendonCampbell'scapitalstockof$0.312pershare.ThequarterlydividendispayableMay4, toshareholdersofrecordatthecloseofbusinessApril13, 2015.McCormick&Company(MKC)declaredaquarterlydividendof$0.40pershareonitscommonstockspayableApril20, toshareholdersofrecordonApril6, 2015.CLARCOR(CLC)declaredaregularquarterlydividendof$0.20pershareofcommonstock.ThedividendwillbepaidonFriday, April24, 2015toshareholdersofrecordonApril15, 2015.CommercialMetalsCompany(CMC)declaredaquarterlydividendof$0.12pershareforshareholdersofrecordonApril9, 2015.ThedividendwillbepaidonApril23, 2015.WorthingtonIndustries(WOR)hasdeclaredaquarterlydividendof$0.18pershare.ThedividendispayableonJune29, toshareholdersofrecordJune15, 2015.ForMarketNewsVideo.com, I'mSayokoMurase.
Daily Dividend Report: SCS, NI, PMT, SCHL, BANR, TCFC
Related symbols: SCS, NI, PMT, SCHL, BANR, TCFC
Daily Dividend Report: AXP, HRL, WERN, ENSG
Related symbols: AXP, HRL, WERN, ENSG
Weekly Market Wrap: March 13, 2015
Related symbols: BAC, AAPL, MSFT, FXCM
Weekly Market Wrap: March 6, 2015
Related symbols: BAC, AAPL, C, CHK, SPLS, AMGN
Weekly Market Wrap: February 27, 2015
Related symbols: BAC, AAPL, JCP, GE, CMCSA
Week Ahead Market Report: March 23, 2015
Related symbols: AAPL, BAC, PFE, MKC, RHT, ACN, CCL
Week Ahead Market Report: March 16, 2015
Related symbols: AAPL, BAC, F, ADBE, GIS, TIF
Week Ahead Market Report: March 9, 2015
Related symbols: AAPL, BAC, AA, DG, VALE
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Daily Market Wrap: May 10, 2012
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