Stock message boards
MNV
Market News Video
MNV MNV Model Portfolios ChartZero
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

Weekly Market Wrap: November 16, 2012
Friday, November 16, 5:06 PM ET

This forty sixth trading week of 2012 comes to a close with investors breathing a sigh of relief as congressional leaders express confidence they can reach a deal with President Obama to prevent a new recession and head off the fiscal cliff.

Hi. I'm Tracey Fitzpatrck. Welcome to the 'Weekly Market Wrap' for November 16, 2012.

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

Crude oil futures are higher this week, trading around $86.60 per barrel on Friday afternoon.

Gold futures are lower this week, trading at $1,713.15 an ounce in afternoon trading.

In notable economic news this week, the Labor Department announced on Thursday that the consumer price index rose by a seasonally adjusted 0.1 percent in October, down from sharp gains of 0.6 percent during the two months prior due to a spike in gas prices. Gas prices fell by 0.6 percent last month, while food prices rose by 0.2 percent. Excluding volatile food and energy prices, the CPI increased by 0.2 percent last month.

In corporate news, Dick's Sporting Goods (NYSE:DKS) announced that it earned $50.1 million, or 40 cents per share, on revenue of $1.31 billion during the fiscal third quarter, representing a 21 percent earnings increase and an 11 percent revenue increase.

Shares are higher by about 5.5 percent.

TJX (NYSE:TJX) announced a stronger-than-expected third-quarter and raised its forecast for the full year. The company earned $461.5 million, or 62 cents per share, versus $406.5 million, or 53 cents, in the same period last year. Results beat estimates by one cent. Revenue increased by 11% to $6.4 billion from $5.79 bill in the same period last year, also beating eastimates of $6.3 billion. Same store sales increased by seven percent.

Michael Kors Holdings (NYSE:KORS) announced that fiscal second-quarter net income more than tripled. The retailer said that it earned $97.8 million, or 49 cents per share, up from $31.6 million, or 22 cents per share, in the same period last year. Revenue increased by 74 percent to $532.9 million from $305.5 million. Analysts had expected earnings of 40 cents per share on $519.9 million in revenue.

Staples (NASDAQ:SPLS) announced that earnings for the third quarter increased by 10.4% to $3.62, beating analyst estimates by one cent. Revenue fell by 3.3% to $6.35 billion, while analysts had expected revenue of $6.45 billion.

Target (NYSE:TGT) announced that it earned $637 million, or 96 cents per share, up 15 percent from $555 million, or 82 cents per share, in the same period last year. Excluding certain items, earnings were 90 cents per share, beating estimates of 78 cents per share. Revenue was higher by about three percent to $16.6 billion, below forecasts of $16.91 billion. Same store sales increased by 2.9 percent, below the 4.3 percent increase reported last year.

This is the 'Weekly Market Wrap' for Friday November 16, 2012. Please join us on Monday for the 'Week Ahead Market Report.

For MarketNewsVideo.com, I'm Tracey Fitzpatrick.

Weekly Market Wrap: November 16, 2012 picture
Portfolio Channel
Free Dividend Report - Top Ranked Stocks
Tuesday 4/22 Insider Buying Report: NHF, ARCPTuesday 4/22 Insider Buying Report: NHF, ARCP
Related symbols: NHF,ARCP
Monday 4/21 Insider Buying Report: TY, MILLMonday 4/21 Insider Buying Report: TY, MILL
Related symbols: TY,MILL
Monday 4/21 Insider Buying Report: ARMF, BAGLMonday 4/21 Insider Buying Report: ARMF, BAGL
Related symbols: ARMF,BAGL
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: PNR, AGNS&P 500 Movers: PNR, AGN
Related symbols: PNR,AGN
Nasdaq 100 Movers: VIP, NFLXNasdaq 100 Movers: VIP, NFLX
Related symbols: VIP,NFLX
Dow Movers: MCD, HDDow Movers: MCD, HD
Related symbols: MCD,HD
Dow Analyst Moves: MSFTDow Analyst Moves: MSFT
Related symbols: MSFT
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: FOXAS&P 500 Analyst Moves: FOXA
Related symbols: FOXA
Dow Analyst Moves: XOMDow Analyst Moves: XOM
Related symbols: XOM
Monday Sector Leaders: Rental, Leasing, & Royalty, Department StoresMonday Sector Leaders: Rental, Leasing, & Royalty, Department Stores
Related symbols: REFR,NRT,JCP,SHLD
Monday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining StocksMonday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: ANV,CTHR,WRN,CENX
Thursday Sector Leaders: Communications Services, Agriculture & Farm ProductsThursday Sector Leaders: Communications Services, Agriculture & Farm Products
Related symbols: ETAK,CRCM,GRO,CRESY
Tuesday's ETF Movers: XBI, ILFTuesday's ETF Movers: XBI, ILF
Related symbols: ICPT,GERN,ERJ,PBR.A,ILF,XBI
DXJ, FXE: Big ETF OutflowsDXJ, FXE: Big ETF Outflows
Related symbols: DXJ,FXE
XLF, XOP: Big ETF InflowsXLF, XOP: Big ETF Inflows
Related symbols: XLF,XOP,WFC,BRK.B,GDP,CRK
Daily Dividend Report: MET, SPG, SO, NBL, SYKDaily Dividend Report: MET, SPG, SO, NBL, SYK
Related symbols: MET,SPG,SO,NBL,SYK
Daily Dividend Report: OKE, NRG, HAS, ED, COLDaily Dividend Report: OKE, NRG, HAS, ED, COL
Related symbols: OKE,NRG,HAS,ED,COL
Daily Dividend Report: MS, PPG, DFS, SLB, GSDaily Dividend Report: MS, PPG, DFS, SLB, GS
Related symbols: MS,PPG,DFS,SLB,GS
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: April 17, 2014Weekly Market Wrap: April 17, 2014
Related symbols: SHW,MS,GS,CSX
Weekly Market Wrap: April 11, 2014Weekly Market Wrap: April 11, 2014
Related symbols: WY,F,LEN
Weekly Market Wrap: April 4, 2014Weekly Market Wrap: April 4, 2014
Related symbols: TJX,PNC,IR,LINE,LNCO
Week Ahead Market Report: April 21, 2014Week Ahead Market Report: April 21, 2014
Related symbols: AMD,FB,ZNGA,AOS,AMGN,T,CMCSA,EAT,IR,BA,AMZN,F,AAN
Week Ahead Market Report: April 14, 2014Week Ahead Market Report: April 14, 2014
Related symbols: SCHW,KO,BAC,GS
Week Ahead Market Report: April 7, 2014Week Ahead Market Report: April 7, 2014
Related symbols: AA,BBBY,STZ,RAD,FAST
All videos » |  Stock market definitions »
Symbol Cloud:   A   AAPL   ADX   AEM   AMD   AMZN   ASR.CA   BAA   BAC   BBD   BCM.CA   CMS   CONN   CRCM   CRK   CRUS   CSX   DIS   DXJ   ED   EFO   EGL   ETAK   EWP   F   FB   FCG   FDN   FRC   FSM   GDP   GDXJ   GERN   GPS   GS   HD   IACI   ILF   IMGN   INTC   IR   IWM   JPM   KFN   KO   LEN   LLTC   MHO   MNST   MS   MSFT   MU   NEM   NKA   O   PNR   PRSC   PSP   PSX   PXE   QQQ   RALS   RSH   SD   SHLD   SHW   SJM   SKT   SLB   SNDK   SNOW   SYK   SYNA   T   THM   TRIP   TWX   UNH   UVXY   V   WFC   WY   XLF   XLU   XOM   XOP   YHOO   ZN   ZNGA
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 Market Definitions
MNV

Weekly Market Wrap: November 16, 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.