Daily Market Wrap: December 4, 2012 Tuesday, December 4, 4:50 PM ET
Stocks traded mostly flat today over lingering worries over the fiscal cliff.
Big Lots (NYSE:
BIG) raised its full-year adjusted earnings loss after posting a smaller-than-expected quarterly loss, sending shares higher today.
Meanwhile, the retailer's Chief Executive Steven Fishman has announced he is retiring after nearly eight years with company.
Toll Brothers (NYSE:
TOL) also rallied today after the homebuilder beat earnings expectations, thanks to a rise in new orders.
AZO) narrowly beat earnings expectations, but revenue fell short of expectations.
Rival Pep Boys (
PBY) posted a loss in the fiscal third quarter, sending shares lower today.
Tomorrow, we'll take a look at the numbers for weekly mortgage applications, the ADP employment report as well as earnings from Men's Warehouse (
For Marketnewsvideo.com, I'm Sayoko Murase.
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Daily Market Wrap: December 4, 2012
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