Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Above Their 200 Day Moving Average
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
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteI can honestly say that the information shared on ValueForum has
led me to retire earlier than expected.
more testimonials »

Weekly Market Wrap: January 4, 2012
Friday, January 4, 5:24 PM ET

This holiday shortened first trading week of 2013 comes to a close with investors breathing a sigh of relief that a fall off the fiscal cliff did not occur.

Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for January 4, 2012.

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

Crude oil futures are higher this week, trading around $92.88 per barrel on Friday afternoon.

Gold futures are slightly lower this week, trading at $1655.97 an ounce in afternoon trading.

In notable economic news this week, private-sector employers stepped up hiring in December, offering further evidence of underlying strength in the economy. The ADP National Employment Report showed the private sector added 215,000 jobs last month, after increasing their payrolls by 148,000 in November.

In corporate news this week, Avis Budget Group (NASDAQ:CAR) announced it will buy Zipcar (ZIP) for about $500 million, making it the number one player in the U.S. car sharing market. The offer of $12.25 per share in cash represents a premium of 49 percent to Zipcar's Monday closing price. The company currently controls 75 percent of the $400 million car sharing industry, which is projected to grow to $10 billion during the next several years.

Food packaging manufacturer Landec (NASDAQ:LNDC) announced that second quarter profit more than doubled, and restated its first quarter results to account for an undervaluation of $2.9 million for its investment in Windset Holdings. The correction adds $1.8 million, or 7 cents per share, to first quarter earnings, for a total of 17 cents per share.

Mellanox Technologies (NASDAQ:MLNX) announced that it was reducing its fourth quarter revenue outlook. The new guidance is $119 million to $121 million for the quarter, well below previous guidance of $145 to $150 million.

Calavo Growers (NASDAQ:CVGW) announced that net income increased by 72 percent in the fiscal fourth quarter, helped by a better than expected avocado harvest. The company earned $6.2 million, or 42 cents per share, up from $3.6 million, or 25 cents per share, in the same period last year. Analysts had expected earnings of 41 cents per share. Revenue dropped by 4 percent to $141.6 million from $147.3 million, due to lower avocado pricing. For the full year, the company earned $17.1 million, or $1.15 per share, versus $11.1 million, or 75 cents per share, in the same period last year. Revenue for the year increased by 6 percent to $551.1 million from $522.5 million.

Drive in restaurant chain Sonic (NASDAQ:SONC) announced that it earned $6.1 million, or 11 cents per share, for the most recent fiscal quarter that ended on November 30th, versus $5.5 million, or 9 cents per share, in the same quarter last year. Revenue decreased to $126 million from $128.3 million, in part due to the fact that some drive-ins were re-franchised. Margins improved by 80 basis points, and same store sales increased by three percent. The results met profit estimates, and beat revenue estimates of $125.9 million slightly.

This is the 'Weekly Market Wrap' for Friday January 4, 2012. Please join us on Monday for the 'Week Ahead Market Report.

For MarketNewsVideo.com, I'm Sayoko Murase.

Weekly Market Wrap: January 4, 2012 picture
Wednesday 7/1 Insider Buying Report: FFCWednesday 7/1 Insider Buying Report: FFC
Related symbols: FFC
Tuesday 6/30 Insider Buying Report: WINTuesday 6/30 Insider Buying Report: WIN
Related symbols: WIN
Tuesday 6/30 Insider Buying Report: FCELTuesday 6/30 Insider Buying Report: FCEL
Related symbols: FCEL
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
Nasdaq 100 Movers: INTC, WYNNNasdaq 100 Movers: INTC, WYNN
Related symbols: INTC,WYNN
S&P 500 Movers: BAX, CBS&P 500 Movers: BAX, CB
Related symbols: BAX,CB
Dow Movers: DD, TRVDow Movers: DD, TRV
Related symbols: DD,TRV
Dow Analyst Moves: MRKDow Analyst Moves: MRK
Related symbols: MRK
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: TAPS&P 500 Analyst Moves: TAP
Related symbols: TAP
Dow Analyst Moves: GEDow Analyst Moves: GE
Related symbols: GE
Wednesday Sector Laggards: Metals & Mining, Oil & Gas Exploration & Production StocksWednesday Sector Laggards: Metals & Mining, Oil & Gas Exploration & Production Stocks
Related symbols: BTU,ANR,CRK,PGN
Wednesday Sector Leaders: Drugs, Insurance BrokersWednesday Sector Leaders: Drugs, Insurance Brokers
Related symbols: ZGNX,TLOG,CB,HIG
Tuesday Sector Laggards: Metals & Mining, Non-Precious Metals & Non-Metallic Mining StocksTuesday Sector Laggards: Metals & Mining, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: BTU,CLD,SCHN,CLF
Wednesday's ETF with Unusual Volume: IWBWednesday's ETF with Unusual Volume: IWB
Related symbols: IWB
Wednesday's ETF Movers: FXO, OIHWednesday's ETF Movers: FXO, OIH
Related symbols: CB,HIG,MDR,CRR,OIH,FXO
JNK, UST: Big ETF OutflowsJNK, UST: Big ETF Outflows
Related symbols: JNK,UST
Daily Dividend Report: GIS, STZ, MKC, AFG, WSODaily Dividend Report: GIS, STZ, MKC, AFG, WSO
Related symbols: GIS,STZ,MKC,AFG,WSO
Daily Dividend Report: FCH, ADK, TKDaily Dividend Report: FCH, ADK, TK
Related symbols: FCH,ADK,TK
Daily Dividend Report: T, AYI, CHS, WAYN, PBHCDaily Dividend Report: T, AYI, CHS, WAYN, PBHC
Related symbols: T,AYI,CHS,WAYN,PBHC
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: June 26, 2015Weekly Market Wrap: June 26, 2015
Related symbols: MU,INTC,BAC,LMT,CPB
Weekly Market Wrap: June 19, 2015Weekly Market Wrap: June 19, 2015
Related symbols: BAC,AAPL,GE,MSFT,GE
Weekly Market Wrap: June 12, 2015Weekly Market Wrap: June 12, 2015
Related symbols: BAC,AAPL,TWTR
Week Ahead Market Report: June 8, 2015Week Ahead Market Report: June 8, 2015
Related symbols: BAC,FTR,AAPL,INTC,MNKD
Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
Related symbols: BAC,AAPL,VALE,T
Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
Related symbols: BAC,AAPL,MSFT,ICLD,NOK
All videos » |  Stock market definitions »
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: January 4, 2012 | Market News Video | Copyright © 2008 - 2015, 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.