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
»» 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
Friday 8/22 Insider Buying Report: SCCO, NHFFriday 8/22 Insider Buying Report: SCCO, NHF
Related symbols: SCCO,NHF
Friday 8/22 Insider Buying Report: SJIFriday 8/22 Insider Buying Report: SJI
Related symbols: SJI
Thursday 8/21 Insider Buying Report: MRDThursday 8/21 Insider Buying Report: MRD
Related symbols: MRD
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: VRSN, GMCRS&P 500 Movers: VRSN, GMCR
Related symbols: VRSN,GMCR
Nasdaq 100 Movers: INTU, GMCRNasdaq 100 Movers: INTU, GMCR
Related symbols: INTU,GMCR
Dow Movers: GE, WMTDow Movers: GE, WMT
Related symbols: GE,WMT
S&P 500 Analyst Moves: CS&P 500 Analyst Moves: C
Related symbols: C
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: XLS&P 500 Analyst Moves: XL
Related symbols: XL
S&P 500 Analyst Moves: ADSKS&P 500 Analyst Moves: ADSK
Related symbols: ADSK
Friday Sector Leaders: Real Estate, Music & Electronics StoresFriday Sector Leaders: Real Estate, Music & Electronics Stores
Related symbols: HGSH,CHLN,GME,RSH
Friday Sector Laggards: Agriculture & Farm Products, Trucking StocksFriday Sector Laggards: Agriculture & Farm Products, Trucking Stocks
Related symbols: AGRO,UAN,QLTY,SWFT
Thursday Sector Leaders: Auto Dealerships, Agriculture & Farm ProductsThursday Sector Leaders: Auto Dealerships, Agriculture & Farm Products
Related symbols: CRMT,TRUE,GRO,AGRO
Friday's ETF with Unusual Volume: IATFriday's ETF with Unusual Volume: IAT
Related symbols: IAT,KEY,RF,SUSQ,HCBK
XLI, BZQ: Big ETF OutflowsXLI, BZQ: Big ETF Outflows
Related symbols: XLI,BZQ,GE,UNP
TLT, MZZ: Big ETF InflowsTLT, MZZ: Big ETF Inflows
Related symbols: TLT,MZZ
Daily Dividend Report:  SWY, HD, WM, MO, WMBDaily Dividend Report: SWY, HD, WM, MO, WMB
Related symbols: SWY,HD,WM,MO,WMB
Daily Dividend Report:  MDT, HRB, MLM, EAT, GKDaily Dividend Report: MDT, HRB, MLM, EAT, GK
Related symbols: MDT,HRB,MLM,EAT,GK
Daily Dividend Report:  CRI, GME, TER, BRCD, ORIDaily Dividend Report: CRI, GME, TER, BRCD, ORI
Related symbols: CRI,GME,TER,BRCD,ORI
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: August 22, 2014Weekly Market Wrap: August 22, 2014
Related symbols: BAC,AAPL,CRM,NOC,JWN,JOY,CTL,WHR,GPS
Weekly Market Wrap: August 15, 2014Weekly Market Wrap: August 15, 2014
Related symbols: JCP,BAC,SIRI,AAPL,MMM,NKE,EFX,UNH,PRU
Weekly Market Wrap: August 8, 2014Weekly Market Wrap: August 8, 2014
Related symbols: ZNGA,SIRI,S,BAC,AAPL,GD,ADM,TWX,WAG,MON,AIG
Week Ahead Market Report: August 18, 2014Week Ahead Market Report: August 18, 2014
Related symbols: AMD,DG,AAPL,DKS,HD,AEO,HP,GPS,DLTR,FL
Week Ahead Market Report: August 11, 2014Week Ahead Market Report: August 11, 2014
Related symbols: KMI,AAPL,BAC,FST,URS,CSCO,AAP,JCP,EL
Week Ahead Market Report: August 4, 2014Week Ahead Market Report: August 4, 2014
Related symbols: BAC,AAPL,CVC,CVS,DNB,NP,EAT,CBS,SSP
All videos » |  Stock market definitions »
Symbol Cloud:   AAPL   ACE   AEO   AGRO   BA   BAC   BRCD   BXS   CDZI   CHGG   CHLN   CRM   CSCO   CTL   DG   DKS   DLTR   EDMC   EFX   EMSH   EPE   FL   GDX   GE   GILD   GMAN   GMCR   GME   GPC   GPRE   GPS   GRO   GRUB   HD   HGSH   HQH   HTZ   INTC   ITC   IWM   JCP   JEC   JOY   JWN   KMI   KRE   LO   LUN.CA   LZB   MGEE   MMM   MNST   MOS   MT   NKE   NOC   NTAP   NXPI   PBYI   PCYO   PRGO   PRU   RBY   REED   RIG   RRGB   SBLK   SCOK   SIRI   SPLS   SPW   STI   T   TEL   TJX   TRUE   UNH   UPL   VAL   VIPS   VLY   VOXX   VXF   WHR   WM   WMB   XLI   XOP   XPP
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 Portfolio Channel 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.