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Daily Market Wrap: May 21, 2012
Monday, May 21, 5:21 PM ET

The markets opened on a positive note, and held onto their gains, despite ongoing concerns over the euro zone and a possible deal for Greece.

On the earnings front, Lowe's (NYSE:LOW) posted a 14 percent increase in fiscal first quarter earnings, thanks to warmer weather, but the company lowered its full-year earnings outlook.

Shares of Campbell Soup (NYSE:CPB) are trading lower today after food company posted fiscal third quarter earnings which fell 5.4 percent, partly due to rising commodities prices.

More disappointment for Facebook (NASDAQ:FB) as the stock fell more almost 13 percent earlier today, and then making a bit of a recovery, after debuting on the Nasdaq on Friday.

In M&A news, Eaton (NYSE:ETN) announced it will acquire electrical equipment maker Cooper Industries (CBE) in a deal worth $11.8 billion in cash and stock.

Tomorrow, we'll take a look at the data for existing home sales, as well as earnings results from Best Buy (NYSE:BBY) and Medtronic (NYSE:MDT).

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Market Wrap: May 21, 2012 picture
Friday 8/18 Insider Buying Report: FDC, TBBKFriday 8/18 Insider Buying Report: FDC, TBBK
Related symbols: FDC,TBBK
Thursday 8/17 Insider Buying Report: ETP, ACRSThursday 8/17 Insider Buying Report: ETP, ACRS
Related symbols: ETP,ACRS
Wednesday 8/16 Insider Buying Report: SLB, BAHWednesday 8/16 Insider Buying Report: SLB, BAH
Related symbols: SLB,BAH
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Nasdaq 100 Movers: SHPG, ROSTNasdaq 100 Movers: SHPG, ROST
Related symbols: SHPG,ROST
S&P 500 Movers: FL, ROSTS&P 500 Movers: FL, ROST
Related symbols: FL,ROST
Dow Movers: NKE, GSDow Movers: NKE, GS
Related symbols: NKE,GS
S&P 500 Analyst Moves: BLKS&P 500 Analyst Moves: BLK
Related symbols: BLK
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The Warren Buffetts Next Door
S&P 500 Analyst Moves: COPS&P 500 Analyst Moves: COP
Related symbols: COP
Dow Analyst Moves: JPMDow Analyst Moves: JPM
Related symbols: JPM
Friday Sector Laggards: Textiles, Entertainment StocksFriday Sector Laggards: Textiles, Entertainment Stocks
Related symbols: NKE,FOSL,VIA,RGC
Friday Sector Leaders: Oil & Gas Refining & Marketing, Education & Training ServicesFriday Sector Leaders: Oil & Gas Refining & Marketing, Education & Training Services
Related symbols: AMRS,CLMT,ATGE,LINC
Thursday Sector Laggards: Music & Electronics Stores, AirlinesThursday Sector Laggards: Music & Electronics Stores, Airlines
Related symbols: CONN,JD,ATSG,JBLU
Friday's ETF with Unusual Volume: XMXFriday's ETF with Unusual Volume: XMX
Related symbols: XMX,BAC,F,ROST,DE
Friday's ETF Movers: OIH, RWRFriday's ETF Movers: OIH, RWR
Related symbols: CRR,NBR,QCP,NSA,RWR,OIH
EWW, IYJ: Big ETF OutflowsEWW, IYJ: Big ETF Outflows
Related symbols: EWW,IYJ,GE,BA
Daily Dividend Report: DDS, HD, FDX, HUM, EL, PH, O, DGX, MOSDaily Dividend Report: DDS, HD, FDX, HUM, EL, PH, O, DGX, MOS
Related symbols: DDS,HD,FDX,HUM,EL,PH,O,DGX,MOS
Daily Dividend Report: NOC, WMB, ROST, NTAP, NOV, TIFDaily Dividend Report: NOC, WMB, ROST, NTAP, NOV, TIF
Related symbols: NOC,WMB,ROST,NTAP,NOV,TIF
Daily Dividend Report: KSU, PF, UNH, MMM, MTB, AANDaily Dividend Report: KSU, PF, UNH, MMM, MTB, AAN
Related symbols: KSU,PF,UNH,MMM,MTB,AAN
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
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Related symbols: BAC,AMAT,AAPL,S,SYY
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Related symbols: BAC,MU,AAPL,SUNE,FB
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Related symbols: BAC,FTR,AAPL,INTC,MNKD
Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
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Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
Related symbols: BAC,AAPL,MSFT,ICLD,NOK
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Daily Market Wrap: May 21, 2012 | Market News Video | Copyright © 2008 - 2017, All Rights Reserved

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