Daily Market Wrap: August 29, 2012 Wednesday, August 29, 4:41 PM ET
The markets held onto modest gains following the Fed's Beige Book report which indicated that the economy grew gradually in July and early August.
Gross domestic product grew at a 1.7 percent annual rate in the second quarter, according to the Commerce Department. The growth was better than originally estimated by the government.
The National Association of Realtors said that pending home sales rose 2.4 percent to 101.7, which exceeded economists' expectations for a gain of one percent.
The Mortgage Bankers Association is reporting a 4.3 percent decline in weekly mortgage applications last week, as demand for refinancing dropped for the fourth week in a row.
H.J. Heinz (
HNZ) beat earnings expectations with first quarter 2013 adjusted earnings of 87 cents a share.
Joy Global reported a 12 percent increase in third quarter earnings but the mining equipment maker cut its full-year profit and sales forecasts.
Tomorrow we'll get a look at the numbers for weekly jobless claims as well as earnings results from Zumiez (NASDAQ:
For Marketnewsvideo.com, I'm Sayoko Murase.
Thursday Sector Leaders: Rental, Leasing, & Royalty, Defense Stocks
Related symbols: SDT, ROYT, ARTX, ASTC
Thursday Sector Laggards: Biotechnology, Music & Electronics Stores
Related symbols: CUR, ATNM, HGG, CONN
Wednesday Sector Leaders: Electronic Equipment & Products, Oil & Gas Exploration & Production Stocks
Related symbols: WTT, CRK, AREX
Thursday's ETF with Unusual Volume: GURU
Related symbols: GURU, MU, AAPL, MDLZ
Thursday's ETF Movers: GDX, XBI
Related symbols: HMY, IAG, KITE, NVAX, XBI, GDX
VYM, PSAU: Big ETF Outflows
Related symbols: VYM, PSAU, MSFT, GE, G, ABX
Daily Dividend Report: ACN, YUM, CPB, MKC, CLC, CMC, WOR
Related symbols: ACN, YUM, CPB, MKC, CLC, CMC, WORAccenturehasdeclaredasemi-annualcashdividendof$1.02pershareonAccentureClassAordinarysharesforshareholdersofrecordatthecloseofbusinessonApril10, andAccentureSCAwilldeclareasemi-annualcashdividendof$1.02pershareonAccentureSCAClassIcommonsharesforshareholdersofrecordatthecloseofbusinessonApril7, 2015.ThesedividendsarebothpayableonMay15, 2015.Yum!Brands(YUM)declaredadividendof$0.41pershareofcommonstock.ThequarterlydividendwillbedistributedMay1, 2015toshareholdersofrecordatthecloseofbusinessonApril10, 2015.CampbellSoupCompany(NYSE:CPB)declaredaregularquarterlydividendonCampbell'scapitalstockof$0.312pershare.ThequarterlydividendispayableMay4, toshareholdersofrecordatthecloseofbusinessApril13, 2015.McCormick&Company(MKC)declaredaquarterlydividendof$0.40pershareonitscommonstockspayableApril20, toshareholdersofrecordonApril6, 2015.CLARCOR(CLC)declaredaregularquarterlydividendof$0.20pershareofcommonstock.ThedividendwillbepaidonFriday, April24, 2015toshareholdersofrecordonApril15, 2015.CommercialMetalsCompany(CMC)declaredaquarterlydividendof$0.12pershareforshareholdersofrecordonApril9, 2015.ThedividendwillbepaidonApril23, 2015.WorthingtonIndustries(WOR)hasdeclaredaquarterlydividendof$0.18pershare.ThedividendispayableonJune29, toshareholdersofrecordJune15, 2015.ForMarketNewsVideo.com, I'mSayokoMurase.
Daily Dividend Report: SCS, NI, PMT, SCHL, BANR, TCFC
Related symbols: SCS, NI, PMT, SCHL, BANR, TCFC
Daily Dividend Report: AXP, HRL, WERN, ENSG
Related symbols: AXP, HRL, WERN, ENSG
Weekly Market Wrap: March 13, 2015
Related symbols: BAC, AAPL, MSFT, FXCM
Weekly Market Wrap: March 6, 2015
Related symbols: BAC, AAPL, C, CHK, SPLS, AMGN
Weekly Market Wrap: February 27, 2015
Related symbols: BAC, AAPL, JCP, GE, CMCSA
Week Ahead Market Report: March 23, 2015
Related symbols: AAPL, BAC, PFE, MKC, RHT, ACN, CCL
Week Ahead Market Report: March 16, 2015
Related symbols: AAPL, BAC, F, ADBE, GIS, TIF
Week Ahead Market Report: March 9, 2015
Related symbols: AAPL, BAC, AA, DG, VALE
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Daily Market Wrap: August 29, 2012
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