Toward the end of trading Tuesday, the Dow traded down 0.24
percent to 15,987.10 while the NASDAQ declined 0.09 percent to
4,065.20. The S&P also fell, dropping 0.23 percent to
Top Headline Toll Brothers (NYSE:
) reported a
fourth-quarter profit. Toll Brothers' quarterly profit declined
to $94.9 million, or $0.54 per share, versus a year-ago profit of
$411.4 million, or $2.35 per share.
Its income before taxes climbed to $150.2 million from $60.7
million. Its revenue rose 65% to $1.04 billion. However, analysts
were projecting earnings of $0.43 per share on revenue of $1.03
Equities Trading UP 3D Systems (NYSE:
) gained 6.54 percent to $80.97 on Tuesday's session following an
initiation at Deutsche Bank at a Buy rating and a $95 price
Shares of EVERTEC (NYSE:
) got a boost, shooting up 8.91 percent to $22.99 after the
company reported the commencement of offering by selling
) was also up, gaining 13.36 percent to $9.66 as the company and
Micron Technology (NASDAQ:
) signed a
broad patent cross license
Equities Trading DOWN Shares of Pep Boys - Manny, Moe &
) were down 9.10 percent to $12.19 after the company reported
results for the third quarter.
Icahn Enterprises LP (NASDAQ:
) shares tumbled 9.13 percent to $134.97 after the company
announced the sale of 2 million depositary units.
Lumber Liquidators (NYSE:
) was also down, falling 12.25 percent to $91.01 after the
company provided weak guidance following the close Monday. A
defense from Piper Jaffray did little to buoy shares.
Commodities In commodity news,
oil traded up 1.14 percent
to $98.45, while gold traded up 2.02 percent to $1,259.20. Silver
traded up 2.28 percent Tuesday to $20.31, while copper rose 0.18
percent to $3.26.
Eurozone European shares
today. The Spanish Ibex Index declined 0.34 percent, while
Italy's FTSE MIB Index dropped 0.18 percent. Meanwhile, the
German DAX tumbled 0.69 percent and the French CAC 40 declined
0.72 percent while U.K. shares fell 0.34 percent. Economics The
ICSC-Goldman Sachs store sales index declined 1.6% in the week
ended Saturday versus the earlier week. The NFIB small-business
optimism index climbed 0.9 points to 92.5 in November.
The Johnson Redbook Retail Sales Index dropped 1.5% in the
first week of December versus November. US wholesale inventories
rose 1.40% in October, versus economists' expectations for a
US job openings rose 3.92 million in October, from 3.88
million in September, according to the JOLTS report. The Treasury
is set to auction 3-year notes.
(c) 2013 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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