Midway through trading Monday, the Dow traded down 0.09
percent to 15,385.29 while the NASDAQ surged 0.18 percent to
3,921.29. The S&P fell, dropping 0.03 percent to
Top Headline McDonald's (NYSE:
) reported a
in its third-quarter profit. McDonald's quarterly profit surged
to $1.52 billion, or $1.52 per share, from $1.46 billion, or
$1.43 per share, in the year-ago period. Its revenue climbed 2.4%
to $7.32 billion. However, analysts were expecting earnings of
$1.51 per share on revenue of $7.34 billion. Its same-store sales
in the US increased 0.7%.
Equities Trading UP Hasbro (NASDAQ:
) shot up 5.72 percent to $49.94 after the company reported a
in its third-quarter earnings.
Shares of Check Point Software Technologies (NASDAQ:
) got a boost, shooting up 4.42 percent to $60.99 after the
company reported higher third-quarter profit.
SAP AG (NYSE:
) was also up, gaining 3.58 percent to $76.39 after the company
reported an increase
in its third-quarter profit.
Equities Trading DOWN Shares of Osiris Therapeutics (NASDAQ:
) were down 2.89 percent to $16.98 on 8-K announcing agreement
with the FDA on regulatory pathway for Grafix and Ovation.
Gannett Co (NYSE:
) shares tumbled 5.91 percent to $25.87 after the company
reported a fall in its Q3 profit. Crown Castle International
) was down, falling 1.91 percent to $74.51 after the company
in its third-quarter earnings. The company also announced an
offering of 36 million shares. Commodities In commodity news,
oil traded down 1.08 percent
to $99.72, while gold traded up 0.17 percent to $1,316.80. Silver
traded up 1.52 percent Monday to $22.25, while copper rose 0.06
percent to $3.30.
Eurozone European shares today. The Spanish Ibex Index rose
0.36 percent, while Italy's FTSE MIB Index dropped 0.04 percent.
Meanwhile, the German DAX rose 0.02 percent and the French CAC 40
declined 0.21 percent while U.K. shares climbed 0.48 percent.
Economics US existing home sales declined 1.9% to an annual
rate of 5.29 million in September, versus 5.39 million in August.
However, economists were expecting sales to fall to a rate of
5.30 million last month. Crude stockpiles climbed 4 million
barrels for the week ended October 11, the US Energy Information
Administration. However, analysts were expecting a rise of 2.25
million barrels. The Treasury is set to auction 3-and 6-month
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advice. All rights reserved.
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