Midway through trading Thursday, the Dow traded down 0.36
percent to 15,317.96 while the NASDAQ surged 0.26 percent to
3,849.38. The S&P also rose, gaining 0.22 percent to
Top Headline Goldman Sachs Group (NYSE:
) reported upbeat
third-quarter net income
and lifted its quarterly dividend to $0.55 per share.
Goldman's quarterly net income rose to $1.52 billion, from
$1.51 billion, in the year-ago period. Its earnings per share
gained to $2.88 from $2.85.
Its net revenue declined 20% to $6.72 billion. However,
analysts were estimating earnings of $2.43 per share on revenue
of $7.36 billion.
Equities Trading UP Pactera Technology International (NASDAQ:
) shot up 7.80 percent to $7.05 after the company
agreed to be acquired
by a consortium led by Blackstone.
Shares of SanDisk (NASDAQ:
) got a boost, shooting up 7.59 percent to $67.72 after the
company reported upbeat third-quarter results.
Winnebago Industries (NYSE:
) was also up, gaining 3.74 percent to $28.30 after the company
Equities Trading DOWN Shares of Amarin Corporation plc
) were down 60.25 percent to $2.05 after the company announced
negative FDA Advisory Committee
outcome for the use of Vascepa in the treatment of high
triglycerides with mixed dyslipidemia.
Select Comfort (NASDAQ:
) shares tumbled 24.79 percent to $18.20 after the company
reported a fall in its Q3 profit and cut its full-year
International Business Machines (NYSE:
) was down, falling 5.82 percent to $175.87 after the company
reported downbeat third-quarter revenue.
Commodities In commodity news,
oil traded down 1.92 percent
to $100.33, while gold traded up 2.82 percent to $1,318.40.
Silver traded up 2.08 percent Thursday to $21.81, while copper
fell 0.57 percent to $3.29.
Eurozone European shares today. The Spanish Ibex Index rose
0.27 percent, while Italy's FTSE MIB Index declined 0.37 percent.
Meanwhile, the German DAX fell 0.44 percent and the French CAC 40
declined 0.10 percent while U.K. shares dropped 0.09 percent.
Economics US jobless claims fell by 15,000 to 358,000 in the
week ended October 12, versus a revised 373,000 in the earlier
week. However, economists were projecting claims to decline to
The Bloomberg Consumer Comfort Index declined to -34.10 for
the week ended October 13, versus a prior reading of -29.70.
The Philadelphia Fed manufacturing index declined to 19.80 in
October, from a prior reading of 22.30. However, economists were
expecting a reading of 15.00.
(c) 2013 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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