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
»» Try ValueForum.com for 7 Days for 7 Dollars ««
Free Dividend Report - Top Ranked Stocks

Weekly Market Wrap: October 18, 2013
Friday, October 18, 7:02 PM ET

This forty-second trading week of 2013 comes to a close with the government shutdown and debt ceiling debate behind us, and the markets higher on speculation that the Fed won't be tapering in 2013.

Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for October 18, 2013.

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

Crude oil futures are lower this week, trading around $100.74 per barrel on Friday afternoon.

And Gold futures are substantially higher this week, trading around $1,315 an ounce in Friday afternoon trading.

Economic news was light this week due to the government shutdown. China's third quarter GDP growth was up 7.8%, providing optimism, and helping to boost oil prices, and weaken the US Dollar on Friday.

In corporate news, Iron Mountain (NYSE:IRM) has acquired Cornerstone Records Management, growing its core information storage business by adding complementary small and mid-sized organizations to its customer base. The storage and information management firm purchased Cornerstone for approximately $191 million in cash, subject to certain purchase price adjustments.

GE (NYSE:GE) posted third-quarter 2013 earnings of $0.36 per share, down 3% and flat respectively from the third quarter of 2012, beating analyst expectations. According to GE Chairman and CEO Jeff Immelt, "Orders grew 19% with orders growth around the world. Total segment profit grew 12%, Industrial margins grew 120 basis points in the quarter, and we are on track for planned margin expansion of 70 basis points for the year. GE Capital continues to perform well, and we finished the quarter with a Tier 1 common ratio of 11.3%, up 116 basis points."

Google (NASDAQ:GOOG) posted revenues of $14.89 billion for the quarter ended September 30, 2013, an increase of 12% compared to the third quarter of 2012. Non-GAAP EPS in the third quarter of 2013 was $10.74, compared to $8.87 in the third quarter of 2012.

IBM (NYSE:IBM) posted operating diluted earnings of $3.99 per share, beating analyst expectations. Total revenues, however came in at $23.7 billion, down 4 percent from the third-quarter of 2012, and missing expectations.

Bank of America (NYSE:BAC) reported that net income rose to $2.5 billion in the third quarter from $340 million in the year-ago quarter. Earnings per diluted share increased to $0.20 from $0.00 in the third quarter of 2012. Revenue dropped to $22.19 billion from $22.3 billion.

Abbott (NYSE:ABT) posted third quarter ongoing EPS of $0.55 and announced a 57 Percent Increase in their quarterly commone dividend. Additionally the company confirmed their full-Year 2013 ongoing EPS guidance range. In early morning trading the stock is up about 1.5%.

PepsiCo (NYSE:PEP) reported core earnings per share of $1.24 for the third quarter and organic revenue growth of 3.3 percent for the quarter. Organic revenue grew 3.9 percent year to date and core constant currency EPS increased 12 percent year to date. Reported net revenue grew 2 percent year to date. Snacks volume rose 3 percent while beverage volume declined 1 percent.

This is the 'Weekly Market Wrap' for Friday October 18, 2013. Please join us on Monday for the Week Ahead Market Report.

For MarketNewsVideo.com, I'm Sayoko Murase.

Weekly Market Wrap: October 18, 2013 picture
Friday 12/26 Insider Buying Report: MACKFriday 12/26 Insider Buying Report: MACK
Related symbols: MACK
Tuesday 12/23 Insider Buying Report: EOG, SLCATuesday 12/23 Insider Buying Report: EOG, SLCA
Related symbols: EOG,SLCA
Monday 12/22 Insider Buying Report: BDGE, LREMonday 12/22 Insider Buying Report: BDGE, LRE
Related symbols: BDGE,LRE
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: EQT, GILDS&P 500 Movers: EQT, GILD
Related symbols: EQT,GILD
Nasdaq 100 Movers: VIP, GILDNasdaq 100 Movers: VIP, GILD
Related symbols: VIP,GILD
Dow Movers: BA, PFEDow Movers: BA, PFE
Related symbols: BA,PFE
S&P 500 Analyst Moves: DVNS&P 500 Analyst Moves: DVN
Related symbols: DVN
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: CTSHS&P 500 Analyst Moves: CTSH
Related symbols: CTSH
Dow Analyst Moves: GSDow Analyst Moves: GS
Related symbols: GS
Friday Sector Laggards: Sporting Goods & Activities, Investment BrokeragesFriday Sector Laggards: Sporting Goods & Activities, Investment Brokerages
Related symbols: WBAI,FUN,PLPM,CIFC
Friday Sector Leaders: Precious Metals, Non-Precious Metals & Non-Metallic Mining StocksFriday Sector Leaders: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: MUX,GPL,WLT,TGB
Wednesday Sector Leaders: Precious Metals, Biotechnology StocksWednesday Sector Leaders: Precious Metals, Biotechnology Stocks
Related symbols: RIC,CDE,SRNE,ACHN
Friday's ETF with Unusual Volume: IYMFriday's ETF with Unusual Volume: IYM
Related symbols: IYM,FCX,BTU,MTX
Friday's ETF Movers: GDXJ, PINFriday's ETF Movers: GDXJ, PIN
Related symbols: MUX,ASR.CA,TCS,MM,PIN,GDXJ
EWJ, DZK: Big ETF OutflowsEWJ, DZK: Big ETF Outflows
Related symbols: EWJ,DZK,EFA
Daily Dividend Report: ARP, WPG, ROYTDaily Dividend Report: ARP, WPG, ROYT
Related symbols: ARP,WPG,ROYT
Daily Dividend Report: SCS, EBF, IHC, FFDaily Dividend Report: SCS, EBF, IHC, FF
Related symbols: SCS,EBF,IHC,FF
Daily Dividend Report: T, COV, FCX, WSM, WST, KRGDaily Dividend Report: T, COV, FCX, WSM, WST, KRG
Related symbols: T,COV,FCX,WSM,WST,KRG
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: December 26, 2014Weekly Market Wrap: December 26, 2014
Related symbols: BAC,AAPL,RAD,GILD,GRPN
Weekly Market Wrap: December 19, 2014Weekly Market Wrap: December 19, 2014
Related symbols: BAC,AAPL,GE,BBRY,ANGN,GM,CVS,MMM,BA,LLY
Weekly Market Wrap: December 12, 2014Weekly Market Wrap: December 12, 2014
Related symbols: BAC,TLM,AAPL,GE,CME,WPC,PM,CAT,JPM,MON
Week Ahead Market Report: December 22, 2014Week Ahead Market Report: December 22, 2014
Related symbols: GILD,ACHN,RAD,BAC,CAMP,WAG,SCS
Week Ahead Market Report: December 15, 2014Week Ahead Market Report: December 15, 2014
Related symbols: BAC,AAPL,SIRI,GE,DRI,FDX,CAG,BBRY
Week Ahead Market Report: December 8, 2014Week Ahead Market Report: December 8, 2014
Related symbols: BAC,AAPL,DRYS,HAL,BURL,MW,LULU,NQ
All videos » |  Stock market definitions »
Symbol Cloud:   AAPL   ACH   ACHN   BA   BAC   BBH   BSCO   CAMP   CELG   CONN   CRC   CTSH   CVS   CVX   DD   DZK   EBF   ECT   EEM   EOG   EQT   EWH   EWJ   EXPD   FCX   FXO   GBU.CA   GDXJ   GILD   GNR   GRO   GS   HYHG   IBM   IHC   IRC   ISIS   IWM   IYT   KYE   LLY   MCO   MHK   MMM   MPLX   MPO   MSFT   MTL   MUX   NDRO   NKE   NUE   PBYI   PCP   PFE   PG   PPL   PRU.CA   PZG   RAD   RBY   RF   RTH   SCS   SFY   SKM   SLCA   SN   SPY   SSLT   SU   SYF   T   TCS   TGB   TLM   TPLM   TRX   UPL   VIP   VLCCF   VOC   WRES   WST   WYNN   XOM   XOP   YUM   ZAGG
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: October 18, 2013 | 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.