Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Below 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
QuoteThe best money I have EVER spent, is for membership. 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
Thursday 5/28 Insider Buying Report: VRXThursday 5/28 Insider Buying Report: VRX
Related symbols: VRX
Wednesday 5/27 Insider Buying Report: JGW, CLMTWednesday 5/27 Insider Buying Report: JGW, CLMT
Related symbols: JGW,CLMT
Tuesday 5/26 Insider Buying Report: PSX, OFIXTuesday 5/26 Insider Buying Report: PSX, OFIX
Related symbols: PSX,OFIX
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: BRCM, WDCNasdaq 100 Movers: BRCM, WDC
Related symbols: BRCM,WDC
S&P 500 Movers: URI, WDCS&P 500 Movers: URI, WDC
Related symbols: URI,WDC
Dow Movers: CAT, INTCDow Movers: CAT, INTC
Related symbols: CAT,INTC
S&P 500 Analyst Moves: MDLZS&P 500 Analyst Moves: MDLZ
Related symbols: MDLZ
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: GSDow Analyst Moves: GS
Related symbols: GS
Dow Analyst Moves: PFEDow Analyst Moves: PFE
Related symbols: PFE
Thursday Sector Laggards: Oil & Gas Exploration & Production, RailroadsThursday Sector Laggards: Oil & Gas Exploration & Production, Railroads
Related symbols: HERO,ECR,CP,GSH
Thursday Sector Leaders: Computer Peripherals, Cigarettes & Tobacco StocksThursday Sector Leaders: Computer Peripherals, Cigarettes & Tobacco Stocks
Related symbols: RSYS,FEYE,XXII,AOI
Wednesday Sector Laggards: Oil & Gas Exploration & Production, General Contractors & BuildersWednesday Sector Laggards: Oil & Gas Exploration & Production, General Contractors & Builders
Related symbols: CPG,FXEN,TOL,GRBK
Thursday's ETF with Unusual Volume: ACWVThursday's ETF with Unusual Volume: ACWV
Related symbols: ACWV,INTC,T,CMG,RRC
Thursday's ETF Movers: PJP, GXCThursday's ETF Movers: PJP, GXC
Related symbols: BDSI,ACT,DANG,ATHM,GXC,PJP
IWM, GDJJ: Big ETF OutflowsIWM, GDJJ: Big ETF Outflows
Related symbols: IWM,GDJJ,QRVO,ISIS,GDXJ
Daily Dividend Report: HPQ, TIF, MCK, DG, BDC, DRHDaily Dividend Report: HPQ, TIF, MCK, DG, BDC, DRH
Related symbols: HPQ,TIF,MCK,DG,BDC,DRH
Daily Dividend Report: MRK, DE, ESS, STR, DSW, MOVDaily Dividend Report: MRK, DE, ESS, STR, DSW, MOV
Related symbols: MRK,DE,ESS,STR,DSW,MOV
Daily Dividend Report: WY, FGP, FRED, BKJDaily Dividend Report: WY, FGP, FRED, BKJ
Related symbols: WY,FGP,FRED,BKJ
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: May 22, 2015Weekly Market Wrap: May 22, 2015
Related symbols: BAC,AAPL,ONTY,HPQ
Weekly Market Wrap: May 15, 2015Weekly Market Wrap: May 15, 2015
Related symbols: AAPL,BAC,AMAT
Weekly Market Wrap: May 8, 2015Weekly Market Wrap: May 8, 2015
Related symbols: BAC,AAPL,NOK,VALE
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
Week Ahead Market Report: April 13, 2015Week Ahead Market Report: April 13, 2015
Related symbols: GE,AAPL,BAC,JPM,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 Portfolio Channel 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.