Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
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
QuoteTake my right arm but don't take my ValueForum! more testimonials »

Weekly Market Wrap: June 15, 2012
Friday, June 15, 5:32 PM ET

This twenty fourth trading week of 2012 comes to a close with central banks preparing for turmoil and chaos in the financial markets after the Greek elections.

Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for Friday June 15, 2012.

The S&P 500, the Dow Jones Industrial Average, and the Nasdaq were in all positive territory for the week in late Friday trading.

Crude oil futures are slightly lower this week, trading around $83.99 per barrel on Friday afternoon.

Gold futures are higher this week, trading at $1627.46 an ounce in afternoon trading.

In notable economic news this week, weekly unemployment benefit applications increased to a seasonally adjusted 386,000 according to the Labor Department. The four-week average rose for the third straight week to 382,000, the highest in six weeks.

In corporate news this week, luxury goods maker Michael Kors (NYSE:KORS) announced that it earned $43.6 million, or 22 cents per share in the last fiscal quarter versus a profit of $17.4 million, or 10 cents per share in the same period last year. Excluding one-time items, the company earned 21 cents per share. Revenue increased by 58% to $380 million, beating estimates of $360.6 million. Retail net sales increased by 80.3% to $172.2 million and same-store sales increased by 36.1%.

Kroger (NYSE:KR) announced a higher quarterly profit on Thursday. The company earned $439.4 million, or 78 cents per share, for the first quarter versus $432.3 million, or 71 cents per share, in the same period last year. Sales, including fuel, rose 5.8 percent to $29.1 billion, meeting analyst forecasts.

Pier 1 (NYSE:PIR) Imports annouced that profits increased by 26 percent increase in first-quarter profit. The company earned $17.8 million, versus $14.1 million in the same period last year. Sales increased by 7.9 percent to $361.1 million. The company expects full-year earnings to be between $1.08 to $1.14 per share.

Winnebago (NYSE:WGO) announced that it earned $3.9 million in its latest quarter, or 13 cents a share, versus $1.2 million, or 4 cents a share in the same period last year, beating estimates. Revenuewas up 14.9% to $155.7 million versus $135.6 million a year ago, but missed estimates of $164.7 million.

Apple (NASDAQ:AAPL) did not announce a new iPhone model as expected that the Worldwide Developers Conference in San Francisco, but did announce new features to its existing products, notably the introduction of a power moreful MacBook Air.

This is the 'Weekly Market Wrap' for Friday June 15, 2012. Please join us on Monday for the 'Week Ahead Market Report."

For MarketNewsVideo.com, I'm Sayoko Murase.

Weekly Market Wrap: June 15, 2012 picture
Wednesday 7/1 Insider Buying Report: FFCWednesday 7/1 Insider Buying Report: FFC
Related symbols: FFC
Tuesday 6/30 Insider Buying Report: WINTuesday 6/30 Insider Buying Report: WIN
Related symbols: WIN
Tuesday 6/30 Insider Buying Report: FCELTuesday 6/30 Insider Buying Report: FCEL
Related symbols: FCEL
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: INTC, WYNNNasdaq 100 Movers: INTC, WYNN
Related symbols: INTC,WYNN
S&P 500 Movers: BAX, CBS&P 500 Movers: BAX, CB
Related symbols: BAX,CB
Dow Movers: DD, TRVDow Movers: DD, TRV
Related symbols: DD,TRV
Dow Analyst Moves: MRKDow Analyst Moves: MRK
Related symbols: MRK
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: TAPS&P 500 Analyst Moves: TAP
Related symbols: TAP
Dow Analyst Moves: GEDow Analyst Moves: GE
Related symbols: GE
Wednesday Sector Laggards: Metals & Mining, Oil & Gas Exploration & Production StocksWednesday Sector Laggards: Metals & Mining, Oil & Gas Exploration & Production Stocks
Related symbols: BTU,ANR,CRK,PGN
Wednesday Sector Leaders: Drugs, Insurance BrokersWednesday Sector Leaders: Drugs, Insurance Brokers
Related symbols: ZGNX,TLOG,CB,HIG
Tuesday Sector Laggards: Metals & Mining, Non-Precious Metals & Non-Metallic Mining StocksTuesday Sector Laggards: Metals & Mining, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: BTU,CLD,SCHN,CLF
Wednesday's ETF with Unusual Volume: IWBWednesday's ETF with Unusual Volume: IWB
Related symbols: IWB
Wednesday's ETF Movers: FXO, OIHWednesday's ETF Movers: FXO, OIH
Related symbols: CB,HIG,MDR,CRR,OIH,FXO
JNK, UST: Big ETF OutflowsJNK, UST: Big ETF Outflows
Related symbols: JNK,UST
Daily Dividend Report: GIS, STZ, MKC, AFG, WSODaily Dividend Report: GIS, STZ, MKC, AFG, WSO
Related symbols: GIS,STZ,MKC,AFG,WSO
Daily Dividend Report: FCH, ADK, TKDaily Dividend Report: FCH, ADK, TK
Related symbols: FCH,ADK,TK
Daily Dividend Report: T, AYI, CHS, WAYN, PBHCDaily Dividend Report: T, AYI, CHS, WAYN, PBHC
Related symbols: T,AYI,CHS,WAYN,PBHC
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: June 26, 2015Weekly Market Wrap: June 26, 2015
Related symbols: MU,INTC,BAC,LMT,CPB
Weekly Market Wrap: June 19, 2015Weekly Market Wrap: June 19, 2015
Related symbols: BAC,AAPL,GE,MSFT,GE
Weekly Market Wrap: June 12, 2015Weekly Market Wrap: June 12, 2015
Related symbols: BAC,AAPL,TWTR
Week Ahead Market Report: June 8, 2015Week Ahead Market Report: June 8, 2015
Related symbols: BAC,FTR,AAPL,INTC,MNKD
Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
Related symbols: BAC,AAPL,VALE,T
Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
Related symbols: BAC,AAPL,MSFT,ICLD,NOK
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 Stock Message Boards Stock Market Definitions
MNV

Weekly Market Wrap: June 15, 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.