Stock message boards
MNV
Market News Video
MNV MNV The 10 Most Popular Large-Caps in ETFs
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
QuoteI feel honored and privileged to have found such a great
resource and to be part of it!
more testimonials »

Weekly Market Wrap: June 29, 2012
Friday, June 29, 5:06 PM ET

This twenty sixth trading week of 2012 comes to a close with investors hopeful that Europe's nineteenth conference to resolve its debt woes may come up with a fruitful solution to the continent's problems.

Hi. I'm Kristin Bianco. Welcome to the 'Weekly Market Wrap' for Friday June 29, 2012.

The Dow Jones Industrial Average the S&P 500 and the Nasdaq were higher for the week..

Crude oil futures are higher this week, trading around $84.78 per barrel on Friday afternoon.

Gold futures are higher this week, trading at $1600.65 an ounce in afternoon trading.

In notable economic news this week, consumer spending stalled in May, as purchases were little changed after a 0.1 percent rise the prior month according to Commerce Department figures.

In corporate news this week, Adobe (NASDAQ:ADBE) announced that it earned $0.60 per share for the second fiscal quarter of 2012, beating analyst estimates by one cent. The products segment increased by 5% to $1.12 billion beating estimates by $10 million, subscriptions increased by 45% to $159.5 million, while services grew 12% to $93 million.

H&R Block (NYSE:HRB) announced that fiscal fourth-quarter profit fell by 11 percent from the same period last year due to restructuring costs and lower revenue. Net income fell to $586.1 million, or $1.99 per share, from $658.6 million, or $2.14 per share last year and revenue fell 2 percent to $2 billion from $2.05 billion. Analysts expected a quarterly profit of $2.05 per share, on revenue of $2 billion.

Monsanto (NYSE:MON) announced that it earned $937 million, or $1.74 per share, during its most recent fiscal quarter, versus $692 million, or $1.28 per share, in the same period last year. Revenue increased by 17 percent to $4.22 billion, beating estimates of $3.97 billion. Adjusted profit per share was $1.63, beating estimates of $1.55.

Paychex (NASDAQ:PAYX) announced that net income increased by four percent during its most recent quarter. The company earned $123.3 million, or 34 cents per share, versus $118.9 million, or 33 cents per share in the same period last year. Revenue increased by 6% to $551.5 million. Analysts had expected earnings of 34 cents per share on revenue of $557.7 million.

Research in Motion (RIMM) announced that it lost $518 million, or 99 cents a share in the most recent fiscal quarter versus a profit of $695 million, or $1.33 per share, in the same period last year. Excluding one time impairment charges, the latest loss was 37 cents per share, while analysts were expecting a loss of 3 cents. Revenue dropped by 43 percent to $2.8 billion, below expectations of $3.1 billion.

This is the 'Weekly Market Wrap' for Friday June 29, 2012. Please join us on Monday for the 'Week Ahead Market Report."

For MarketNewsVideo.com, I'm Kristin Bianco.

Weekly Market Wrap: June 29, 2012 picture
Wednesday 10/22 Insider Buying Report: HBAN, BPFHWednesday 10/22 Insider Buying Report: HBAN, BPFH
Related symbols: HBAN,BPFH
Wednesday 10/22 Insider Buying Report: MAT, ITGWednesday 10/22 Insider Buying Report: MAT, ITG
Related symbols: MAT,ITG
Tuesday 10/21 Insider Buying Report: UFPITuesday 10/21 Insider Buying Report: UFPI
Related symbols: UFPI
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: CTXS, TSCOS&P 500 Movers: CTXS, TSCO
Related symbols: CTXS,TSCO
Nasdaq 100 Movers: CTXS, TSCONasdaq 100 Movers: CTXS, TSCO
Related symbols: CTXS,TSCO
Dow Movers: T, MMMDow Movers: T, MMM
Related symbols: T,MMM
S&P 500 Analyst Moves: SRCLS&P 500 Analyst Moves: SRCL
Related symbols: SRCL
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: AMGS&P 500 Analyst Moves: AMG
Related symbols: AMG
S&P 500 Analyst Moves: FTIS&P 500 Analyst Moves: FTI
Related symbols: FTI
Thursday Sector Leaders: Auto Dealerships, Paper & Forest ProductsThursday Sector Leaders: Auto Dealerships, Paper & Forest Products
Related symbols: GPI,KMX,UFS,VRS
Thursday Sector Laggards: Precious Metals, TextilesThursday Sector Laggards: Precious Metals, Textiles
Related symbols: TRX,FSM,SKX,ZQK
Wednesday Sector Leaders: Sporting Goods & Activities, Music & Electronics StoresWednesday Sector Leaders: Sporting Goods & Activities, Music & Electronics Stores
Related symbols: SIX,FUN,VOXX,HGG
Thursday's ETF with Unusual Volume: DTNThursday's ETF with Unusual Volume: DTN
Related symbols: DTN,T,MSFT,CAT
Thursday's ETF Movers: XBI, GDXJThursday's ETF Movers: XBI, GDXJ
Related symbols: SGMO,AMAG,BCM.CA,PG.CA,GDXJ,XBI
FXZ, GASL: Big ETF InflowsFXZ, GASL: Big ETF Inflows
Related symbols: FXZ,GASL,RKT,UFS,APC,APA
Daily Dividend Report: CMCSA, DD, TWC, AAL, VLODaily Dividend Report: CMCSA, DD, TWC, AAL, VLO
Related symbols: CMCSA,DD,TWC,AAL,VLO
Daily Dividend Report: V, ENB, STX, PH, CDaily Dividend Report: V, ENB, STX, PH, C
Related symbols: V,ENB,STX,PH,C
Daily Dividend Report: SPG, MCK, BBT, TROW, STJ, TXT, CNP, BCDaily Dividend Report: SPG, MCK, BBT, TROW, STJ, TXT, CNP, BC
Related symbols: SPG,MCK,BBT,TROW,STJ,TXT,CNP,BC
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: October 17, 2014Weekly Market Wrap: October 17, 2014
Related symbols: AMD,BAC,AAPL,GE,JNJ,PAYX,CCL,SWK
Weekly Market Wrap: October 10, 2014Weekly Market Wrap: October 10, 2014
Related symbols: BAC,MU,INTC,GTAT,CAT,WAG,F,KRFT,ALG
Weekly Market Wrap: October 3, 2014Weekly Market Wrap: October 3, 2014
Related symbols: COP,GLW,PSX,MUR,IR,BAC,AAPL,MDT
Week Ahead Market Report: October 20, 2014Week Ahead Market Report: October 20, 2014
Related symbols: BAC,AAPL,PFE,AOS,KMB,ABT,DOW,GM,MMM,AAL,DPS,LLY,LO,B,CL,PG,UPS
About The Week Ahead Market ReportAbout The Week Ahead Market Report
Week Ahead Market Report: October 13, 2014Week Ahead Market Report: October 13, 2014
Related symbols: BAC,CSX,AAPL,FB,SIRI,C,JPM,INTC,AXP,EBAY,NFLX,AMD,BHI,COF,BK,GE,MS
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 Message Boards Stock Market Definitions
MNV

Weekly Market Wrap: June 29, 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.