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
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteThis is the most knowledgable group I've ever been
associated with (23 years).
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
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
Nasdaq 100 Movers: ISRG, GILDNasdaq 100 Movers: ISRG, GILD
Related symbols: ISRG,GILD
S&P 500 Movers: ISRG, FTIS&P 500 Movers: ISRG, FTI
Related symbols: ISRG,FTI
Dow Movers: T, BADow Movers: T, BA
Related symbols: T,BA
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
XLV, CHIX: Big ETF OutflowsXLV, CHIX: Big ETF Outflows
Related symbols: XLV,CHIX,JNJ,PFE
SPY, UPW: Big ETF InflowsSPY, UPW: Big ETF Inflows
Related symbols: SPY,UPW,AAPL,XOM,AES,GAS
Tuesday's ETF Movers: XBI, ILFTuesday's ETF Movers: XBI, ILF
Related symbols: ICPT,GERN,ERJ,PBR.A,ILF,XBI
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 »
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: January 4, 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.