Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Below Book Value
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
»» Try ValueForum.com for 7 Days for 7 Dollars ««
Portfolio Channel Free Dividend Report - Top Ranked Stocks

Weekly Market Wrap: October 19 2012
Friday, October 19, 5:32 PM ET

This forty second trading week of 2012 comes to a close with investors selling off stocks after a series of disappointing earnings reports being reported on the twenty fifth anniversary of the 1987 stock market crash on Black Monday.

Hi. I'm Kristin Bianco. Welcome to the 'Weekly Market Wrap' for October 19, 2012.

The Dow Jones Industrial Average and the S&P 500 were about even for the week during last afternoon trading, with the Nasdaq lower.

Crude oil futures are lower this week, trading around $90.27 per barrel on Friday afternoon.

Gold futures are lower this week, trading at $1,753.88 an ounce in afternoon trading.

In notable economic news this week, The Commerce Department announced that housing starts increased by 15 percent during September to a seasonally adjusted 872,000 units, beating analyst estimates. The new numbers represent the fastest pace of groundbreaking since the summer of 2008.

In corporate news, Gannett (NYSE:GCI) announced better-than-expected revenue and higher profit due to strong television advertising revenue from the Olympics and the presidential election, as well as online subscription revenue. Third-quarter revenue increased by 3.4 percent to $1.31 billion, while analysts expected revenue of $1.29 billion. Net income was higher by $133.1 million, or 56 cents per share, from $99.8 million, or 41 cents per share in the same quarter last year.

UnitedHealth Group (NYSE:UNH) announced that profit increased by 23 percent during the third quarter due to increased enrollment, as well as lower spending. Net income increased to $1.56 billion, or $1.50 per share, up from $1.27 billion, or $1.17 per share, in the same period last year. Revenue increased by 8 percent to $27.3 billion. An additional 670,000 people were enrolled during the quarter, above estimates of 650,000.

Shares are higher in early trading.

Johnson & Johnson (NYSE:JNJ) announced that profit for the third quarter fell by 7 percent due to higher production and research costs that offset higher sales. Net income was $2.97 billion, or $1.05 per share, down from $3.2 billion, or $1.15 per share in the same period last year. Revenue rose by 6.5 percent to $17.05 billion, beating estimates of $1.21 per share on revenue of $17.01 billion.

Verizon Communications (NYSE:VZ) announced that quarterly profit increased by 16 percent, due to higher revenue from its data business and iPhone sales. The company said it was on track to meet 2012 goals. Profit for the third quarter rose to $1.59 billion, or 56 cents per share, from $1.37 billion, or 49 cents per share, in the same period laster year. Revenue increased to $29.01 billion from $27.91 billion, while analysts had expected $28.96 billion. Excluding items, earnings were 64 cents per share.

McDonald's (NYSE:MCD) announced that profits were below analyst estimates, despite higher revenue during the third quarter. The company earned $1.43 per share versus $1.45 per share last year, and below the estimate of $1.47. Revenue was higher, climbing to $7.2 billion from $7.17 billion during the same period last year, while analysts had expected $7.16 billion. Global sales were higher by 1.9 percent, and the company blamed currency pressures in part for the slower earnings growth.

This is the 'Weekly Market Wrap' for Friday October 19, 2012. Please join us on Monday for the 'Week Ahead Market Report."

For MarketNewsVideo.com, I'm Kristin Bianco.

Weekly Market Wrap: October 19 2012 picture
Thursday 7/24 Insider Buying Report: WAFDThursday 7/24 Insider Buying Report: WAFD
Related symbols: WAFD
Wednesday 7/23 Insider Buying Report: MXF, CFXWednesday 7/23 Insider Buying Report: MXF, CFX
Related symbols: MXF,CFX
Tuesday 7/22 Insider Buying Report: AA, GRXTuesday 7/22 Insider Buying Report: AA, GRX
Related symbols: AA,GRX
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: TRIP, UAS&P 500 Movers: TRIP, UA
Related symbols: TRIP,UA
Dow Movers: CAT, NKEDow Movers: CAT, NKE
Related symbols: CAT,NKE
S&P 500 Movers: XLNX, ISRGS&P 500 Movers: XLNX, ISRG
Related symbols: XLNX,ISRG
S&P 500 Analyst Moves: SPGS&P 500 Analyst Moves: SPG
Related symbols: SPG
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: EIXS&P 500 Analyst Moves: EIX
Related symbols: EIX
Dow Analyst Moves: GSDow Analyst Moves: GS
Related symbols: GS
Thursday Sector Leaders: Textiles, Computer PeripheralsThursday Sector Leaders: Textiles, Computer Peripherals
Related symbols: UA,SKX,LOGI,FFIV
Wednesday Sector Leaders: Biotechnology, Paper & Forest ProductsWednesday Sector Leaders: Biotechnology, Paper & Forest Products
Related symbols: PBYI,ONTY,KS,VRS
Wednesday Sector Laggards: Semiconductors, Computer PeripheralsWednesday Sector Laggards: Semiconductors, Computer Peripherals
Related symbols: XLNX,LSCC,JNPR,EXTR
Thursday's ETF with Unusual Volume: IATThursday's ETF with Unusual Volume: IAT
Related symbols: IAT,KEY,RF,NPBC,BPOP
SPY, SMIN: Big ETF OutflowsSPY, SMIN: Big ETF Outflows
Related symbols: SPY,SMIN,AAPL,XOM
EWH, IEIS: Big ETF InflowsEWH, IEIS: Big ETF Inflows
Related symbols: EWH,IEIS
Daily Dividend Report:  INTC, MRK, V, BLK, AALDaily Dividend Report: INTC, MRK, V, BLK, AAL
Related symbols: INTC,MRK,V,BLK,AAL
Daily Dividend Report:  NDAQ, RTN, ECA, OII, HSYDaily Dividend Report: NDAQ, RTN, ECA, OII, HSY
Related symbols: NDAQ,RTN,ECA,OII,HSY
Daily Dividend Report: AAPL, WFC, AXP, PX, NBL, COG, SPG, SWKDaily Dividend Report: AAPL, WFC, AXP, PX, NBL, COG, SPG, SWK
Related symbols: AAPL,WFC,AXP,PX,NBL,COG,SPG,SWK
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: July 18, 2014Weekly Market Wrap: July 18, 2014
Related symbols: AMD,BAC,ZNGA,GE,SLB,GLW,CAG,GS
Weekly Market Wrap: July 11, 2014Weekly Market Wrap: July 11, 2014
Related symbols: AAPL,BAC,FB,GE,MTG,OXY,TMO,CVS,COP,PSX,CSX
Weekly Market Wrap: July 3, 2014Weekly Market Wrap: July 3, 2014
Related symbols: BAC,WY,RAD,FB,PNC,AYI
Week Ahead Market Report: July 21, 2014Week Ahead Market Report: July 21, 2014
Related symbols: GE,PLUG,FB,BAC,CMCSA,CA,ETFC,DAL,AMZN,BIDU,AON
Week Ahead Market Report: July 14, 2014Week Ahead Market Report: July 14, 2014
Related symbols: AMD,BAC,AAPL,C,GS,BAC,AMD,GE
Week Ahead Market Report: July 7, 2014Week Ahead Market Report: July 7, 2014
Related symbols: AAPL,CBS,SIRI,AA,WDFC,FDO,FAST
All videos » |  Stock market definitions »
Symbol Cloud:   AAPL   ABI   ABT   ACT   AON   AUMN   BAC   BANR   BBT   BIDU   BPOP   C   CAG   CMG   D   DHR   EEM   EMC   ENSG   EQIX   ETN   EXEL   EXTR   FDI   FEYE   FSL   GDX   GDXJ   GE   GLW   GOL   GORO   GPK   GS   HLS   HSBC   IJH   INTC   ISRG   IYG   JNJ   JNPR   JPM   KO   KRE   KS   LCI   LGND   LO   MCD   MMC   MRTN   MSFT   MUX   NKE   NVDA   O   ONTY   PBYI   PDI   PEP   PFE   PLUG   PRU.CA   PSR   QCOM   RYAAY   SJM   SKX   SLB   SMIN   SNDK   SO   SOXX   SPG   SPLV   SPY   SYK   TGD   TWX   UA   V   XBI   XGTI   XLE   XLK   XLNX   XOM   YHOO
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 Chart Zero Stock Market Game Stock Market Definitions
MNV

Weekly Market Wrap: October 19 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.