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
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteValueForum is like having a thousand set of eyes
watching the markets for you.
more testimonials »

Weekly Market Wrap: May 18, 2012
Friday, May 18, 5:19 PM ET

This twentieth trading week of 2012 comes to a close with investors assessing the deteriorating situation in Greece and closely monitoring the IPO of Facebook (FB).

Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for Friday May 18, 2012.

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

Crude oil futures are lower this week, falling 4.3% to around $91.66 per barrel.

Gold futures are higher this week, trading at $1589.95 an ounce in afternoon trading.

In notable economic news this week, initial claims for state unemployment benefits held steady at a seasonally adjusted 370,000 according to the Labor Department. Last week's figure was revised upwards to 370,000 from the previously reported 367,000. Analysts expected claims to drop to 365,000 last week.

In corporate news this week, Saks (SKS) announced that it earned $32.1 million, or 18 cents per share, versus $28.4 million, or 16 cents per share, in the same period last year. Revenue increased by 3.8 percent to $753.6 million, below expectations of $761.7 million.

Dick's Sporting Goods (NYSE:DKS) announced that first quarter net income increased by 53 percent to $57.2 million, or 45 cents per share, versus $37.5 million, or 30 cents per share, in the same period last year. Revenue increased by 15 percent to $1.28 billion, beating estimates of $1.23 billion.

Chico's (NYSE:CHS) announced that it earned $53.6 million, or 32 cents per share in its most recent fiscal quarter, versus $45.9 million, or 26 cents per share, in the same period last year, beating analyst estimates of 30 cents per share. Revenue increased by 21 percent to $650.8 million, beating estimates of $628.1 million. The company's revenue was $537.2 million in the same period last year.

Target (NYSE:TGT) announced that it earned $697 million, or $1.04 per share, versus $689 million, or 99 cents per share, in the same period last year. Revenue increased by 5.9 percent to $16.86 billion. Analysts had expected earnings of $1.02 per share on revenue of $16.83 billion.

This is the 'Weekly Market Wrap' for Friday May 18, 2012. Please join us on Monday for the 'Week Ahead Market Report."

For MarketNewsVideo.com, I'm Sayoko Murase.

Weekly Market Wrap: May 18, 2012 picture
Portfolio Channel
Free Dividend Report - Top Ranked Stocks
Wednesday 4/16 Insider Buying Report: NEONWednesday 4/16 Insider Buying Report: NEON
Related symbols: NEON,WEN
Tuesday 4/15 Insider Buying Report: LTSTuesday 4/15 Insider Buying Report: LTS
Related symbols: LTS,GMO
Tuesday 4/15 Insider Buying Report: FLXS, AATuesday 4/15 Insider Buying Report: FLXS, AA
Related symbols: FLXS,AA
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
S&P 500 Movers: LLTC, YHOOS&P 500 Movers: LLTC, YHOO
Related symbols: LLTC,YHOO
Nasdaq 100 Movers: LLTC, YHOONasdaq 100 Movers: LLTC, YHOO
Related symbols: LLTC,YHOO
Dow Movers: UNH, VDow Movers: UNH, V
Related symbols: UNH,V
S&P 500 Analyst Moves: QCOMS&P 500 Analyst Moves: QCOM
Related symbols: QCOM
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: TWXS&P 500 Analyst Moves: TWX
Related symbols: TWX
Dow Analyst Moves: VDow Analyst Moves: V
Related symbols: V
Wednesday Sector Leaders: Biotechnology, Rubber & PlasticsWednesday Sector Leaders: Biotechnology, Rubber & Plastics
Related symbols: APRI,IMGN,CXDC,KRA
Wednesday Sector Laggards: Music & Electronics Stores, Precious MetalsWednesday Sector Laggards: Music & Electronics Stores, Precious Metals
Related symbols: RSH,CONN,AEM,THM
Tuesday Sector Leaders: Electric Utilities, Oil & Gas Exploration & Production StocksTuesday Sector Leaders: Electric Utilities, Oil & Gas Exploration & Production Stocks
Related symbols: ED,PPL,FXEN,MPO
Wednesday's ETF with Unusual Volume: IGMWednesday's ETF with Unusual Volume: IGM
Related symbols: IGM,FB,YHOO,JCOM,ADTN
Wednesday's ETF Movers: FBT, GDXWednesday's ETF Movers: FBT, GDX
Related symbols: IMGN,ITMN,AEM,ASR.CA,GDX,FBT
FDN, RUSS: Big ETF OutflowsFDN, RUSS: Big ETF Outflows
Related symbols: FDN,RUSS,AMZN,FB
Daily Dividend Report: SHW, SWK, O, GT, SM, SPNDaily Dividend Report: SHW, SWK, O, GT, SM, SPN
Related symbols: SHW,SWK,O,GT,SM,SPN
Daily Dividend Report: CSX, NTRS, FRC, NGLS, BTEDaily Dividend Report: CSX, NTRS, FRC, NGLS, BTE
Related symbols: CSX,NTRS,FRC,NGLS,BTE
Daily Dividend Report: CPG, WHR, VET, SE, NNNDaily Dividend Report: CPG, WHR, VET, SE, NNN
Related symbols: CPG,WHR,VET,SE,NNN
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: April 11, 2014Weekly Market Wrap: April 11, 2014
Related symbols: WY,F,LEN
Weekly Market Wrap: April 4, 2014Weekly Market Wrap: April 4, 2014
Related symbols: TJX,PNC,IR,LINE,LNCO
Weekly Market Wrap: March 28, 2014Weekly Market Wrap: March 28, 2014
Related symbols: NDAQ,FCX,AXP,LOW
Week Ahead Market Report: April 14, 2014Week Ahead Market Report: April 14, 2014
Related symbols: SCHW,KO,BAC,GS
Week Ahead Market Report: April 7, 2014Week Ahead Market Report: April 7, 2014
Related symbols: AA,BBBY,STZ,RAD,FAST
Week Ahead Market Report: March 31, 2014Week Ahead Market Report: March 31, 2014
Related symbols: APOL,MON,MU,KMX
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  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Market Definitions
MNV

Weekly Market Wrap: May 18, 2012 | 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.