Daily Market Wrap: May 8, 2012 Tuesday, May 8, 5:13 PM ET
New concerns over the ongoing debt crisis in Greece sent U.S. markets sharply lower today, with the Dow Jones Industrial Average sinking below 13,000.
On the earnings front, Wendy's (NASDAQ:
WEN) missed earnings expectations for its first quarter, due to rising costs and also cut its forecast for the year.
Meanwhile, shares of fast food giant McDonalds (NYSE:
MCD) are trading lower, after the company posted same store sales for April that missed expectations.
Among banks, HSBC (
HBC) posted first quarter profits that beat expectations, thanks in part to increased income at its securities unit.
First Bank (NASDAQ:
FNLC) reported a narrower loss for its first quarter, sending shares higher today.
Discovery Communications (NASDAQ:
DISCA) posted earnings which missed expectations, as the company was negatively impacted by losses at the Oprah Winfrey Network.
Tomorrow, we'll take a look at the numbers for weekly mortgage applications as well as earnings from AOL (
AOL) and Macy's (NYSE: M).
For Marketnewsvideo.com, I'm Sayoko Murase.
Friday Sector Laggards: Paper & Forest Products, Textiles
Related symbols: CLW, MERC, SKX, ICON
Friday Sector Leaders: Shipping, Consumer Services
Related symbols: SSW, DSX, TRU, HRB
Thursday Sector Laggards: Cigarettes & Tobacco, General Contractors & Builders
Related symbols: PM, MO, KBH, TPH
Friday's ETF with Unusual Volume: SEA
Related symbols: SEA, GLNG, SSW, TK
Friday's ETF Movers: KRE, XLP
Related symbols: OFG, ASB, CHD, KMB, XLP, KRE
XLF, RUSS: Big ETF Outflows
Related symbols: XLF, RUSS, BRK.B, JPM
Daily Dividend Report: V, KMI, MS, BK, SHW
Related symbols: V, KMI, MS, BK, SHW
Daily Dividend Report: QCOM, WHR, STBA, PEG, UNM
Related symbols: QCOM, WHR, STBA, PEG, UNM
Daily Dividend Report: NNN, COKE, KNOP, MVC, LGI
Related symbols: NNN, COKE, KNOP, MVC, LGI
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Daily Market Wrap: May 8, 2012
| Market News Video | Copyright © 2008 - 2018, 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.