Stock message boards
MNV
Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
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 ««
Free Dividend Report - Top Ranked Stocks

Weekly Market Wrap December 14, 2012
Friday, December 14, 4:53 PM ET

This fiftieth trading week of 2012 comes to a close with investors continuing to hope that the President and Congress will soon reach a deal to avoid the "fiscal cliff"

Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for December 14, 2012.

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

Crude oil futures are higher this week, trading around $86.75 per barrel on Friday afternoon.

Gold futures are lower this week, trading at $1696.68 an ounce in afternoon trading.

In notable economic news this week, the Labor Department announced that the seasonally adjusted producer price index dropped by 0.8 percent last month, the second straight decline. Also, the Commerce Department announced that the trade deficit grew 4.8 percent in October from September to $42.2 billion. Exports dropped by 3.6 percent to $180.5 billion. Imports dropped by 2.1 percent to $222.8 billion, reflecting fewer shipments of autos, machinery, and cell phones.

In corporate news this week, Costco (NASDAQ:COST) announced that earnings for the first quarter increased by 30 percent due to better sales and increased membership revenues. The company earned $416 million, or 95 cents per share, versus $320 million, or 73 cents per share in the same period last year, including 7 cents per share of one time charges. Earning beat expectations of 93 cents per share. Revenue increased by 10 percent to $23.72 billion from $21.63 billion, beating expectations of $23.54 billion.

Joy Global (NYSE:JOY) announced that earnings increased by 23 percent in the fourth quarter, though it expects lower volumes in 2013 due to weaker demand from China. The company earned $212.6 million, or $1.99 per share, versus $172.3 million, or $1.62 per share. Analysts had expected earnings of $1.87 per share. Revenue increased by 19 percent to $1.59 billion. Analysts had expected revenue of $1.42 billion.

Adobe (NASDAQ:ADBE) announced that it earned $222.3 million, or 44 cents per share, for the most recent fiscal quarter, versus $173.7 million, or 35 cents per share in the same period last year. Revenue was flat at $1.15 billion. For the entire fiscal year, the company earned $832.8 million, or $1.68 per share, which was also flat versus last year. Revenue increased to $4.4 billion from $4.22 billion.

Verifone (NYSE:PAY) announced that it earned $27 million, or 24 cents per share, versus $199 million, or $1.84 per share during the same period last year. Revenue was $485.4 million versus $410.7 million last year. Excluding one time items, the company would have earned 76 cents per share on revenue of $489 million. Analysts had expected 76 cents per share on $496.7 million in revenue.

American International Group (NYSE:AIG) announced that the U.S. Department of the Treasury priced an offering of approximately 234.2 million shares of AIG common stock at a price to market of $32.50 per share. Upon the closing of this transaction, the Treasury will have sold the last of its remaining shares of AIG common stock, receiving proceeds of approximately $7.6 billion from the sale.

This is the 'Weekly Market Wrap' for Friday December 14, 2012. Please join us on Monday for the 'Week Ahead Market Report.

For MarketNewsVideo.com, I'm Sayoko Murase.

Weekly Market Wrap December 14, 2012 picture
Tuesday 11/25 Insider Buying Report: FCF, FRSHTuesday 11/25 Insider Buying Report: FCF, FRSH
Related symbols: FCF,FRSH
Tuesday 11/25 Insider Buying Report: NNBRTuesday 11/25 Insider Buying Report: NNBR
Related symbols: NNBR
Monday 11/24 Insider Buying Report: JCP, CPTAMonday 11/24 Insider Buying Report: JCP, CPTA
Related symbols: JCP,CPTA
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: GRMN, PLLS&P 500 Movers: GRMN, PLL
Related symbols: GRMN,PLL
Dow Movers: JPM, UTXDow Movers: JPM, UTX
Related symbols: JPM,UTX
S&P 500 Movers: MOS, URBNS&P 500 Movers: MOS, URBN
Related symbols: MOS,URBN
S&P 500 Analyst Moves: BWAS&P 500 Analyst Moves: BWA
Related symbols: BWA
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: MMMDow Analyst Moves: MMM
Related symbols: MMM
S&P 500 Analyst Moves: EOGS&P 500 Analyst Moves: EOG
Related symbols: EOG
Tuesday Sector Leaders: Precious Metals, Manufacturing StocksTuesday Sector Leaders: Precious Metals, Manufacturing Stocks
Related symbols: SAND,SA,CRNT,WSTL
Tuesday Sector Laggards: Agriculture & Farm Products, Oil & Gas Exploration & Production StocksTuesday Sector Laggards: Agriculture & Farm Products, Oil & Gas Exploration & Production Stocks
Related symbols: GRO,UAN,FST,BPZ
Monday Sector Leaders: Music & Electronics Stores, DrugsMonday Sector Leaders: Music & Electronics Stores, Drugs
Related symbols: HGG,VOXX,RNA,FPRX
Tuesday's ETF with Unusual Volume: PEJTuesday's ETF with Unusual Volume: PEJ
Related symbols: PEJ,MGM,DIS,LOCO,BKW
Tuesday's ETF Movers: GDX, XOPTuesday's ETF Movers: GDX, XOP
Related symbols: CDE,KGC,GDP,SFY,XOP,GDX
IWM, EFU: Big ETF OutflowsIWM, EFU: Big ETF Outflows
Related symbols: IWM,EFU,WEX,ISIS
Daily Dividend Report: BDX, HRL, VAL, EXR, DSW, CHSDaily Dividend Report: BDX, HRL, VAL, EXR, DSW, CHS
Related symbols: BDX,HRL,VAL,EXR,DSW,CHS
Daily Dividend Report: AET, CATY, ACE, PPL, UGI, DCI, TDS, CYDaily Dividend Report: AET, CATY, ACE, PPL, UGI, DCI, TDS, CY
Related symbols: AET,CATY,ACE,PPL,UGI,DCI,TDS,CY
Daily Dividend Report: NKE, A, FLO, HD, UNP, FDXDaily Dividend Report: NKE, A, FLO, HD, UNP, FDX
Related symbols: NKE,A,FLO,HD,UNP,FDX
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: November 21, 2014Weekly Market Wrap: November 21, 2014
Related symbols: BAC,INTC,AAPL,HPQ,CPB,SYY,BLK
Weekly Market Wrap: November 14, 2014Weekly Market Wrap: November 14, 2014
Related symbols: NOK,BHI,AAPL,HTZ,VIAB,ADP,BAX,CTL,WM,PBI
Weekly Market Wrap: November 7, 2014Weekly Market Wrap: November 7, 2014
Related symbols: GNW,ZNGA,BABA,BAC,WFM,ADM,WDC,AIG,ITW
Week Ahead Market Report: November 24, 2014Week Ahead Market Report: November 24, 2014
Related symbols: BAC,T,AAPL,INTC,HPQ,TIF,DE
Week Ahead Market Report: November 17, 2014Week Ahead Market Report: November 17, 2014
Related symbols: HAL,BHI,AAPL,F,HD,SJM,BBY,FL
Week Ahead Market Report: November 10, 2014Week Ahead Market Report: November 10, 2014
Related symbols: BABA,CMCSA,BAC,MSFT,CST,DHI,ADT,JCP,HP,JWN,ASTI
All videos » |  Stock market definitions »
Symbol Cloud:   AAPL   ACE   AES   ANDR   ANV   BAC   BBY   BHI   BLK   COP   CPB   CPL   DIS   DLTR   DNR   DSW   DZK   EFA   EJ   EOG   ESI   FPRX   GDX   GDXJ   GME   GRO   GXC   HAL   HD   HGG   HPQ   HTZ   ILF   INTC   ISIS   IWM   JCI   JPM   KING   LINC   LO   LOCO   LOW   LZB   MDY   MGM   MLM   MOS   MRK   MT   NADL   NGL   NKE   NOC   PBYI   PEG   PFE   PFF   POWR   PPL   PRU.CA   REXX   RSX   RTH   SBS   SGEN   SPLS   SQM   SU   SUNE   SVM   SYY   T   TAP   TEL   TJX   TSL   UNH   UNP   URBN   VAL   VET   VIPS   VOXX   VZ   WM   WMB   WMS   XOP
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  ETFs  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 December 14, 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.