Following the market opening Thursday, the Dow traded down
0.05 percent to 15,882.19 while the NASDAQ gained 0.12 percent to
4,042.73. The S&P also fell, dropping 0.09 percent to
Top Headline Dollar General (NYSE:
) reported a 14% rise in its third-quarter profit.
Dollar General's quarterly profit surged to $237.4 million, or
$0.74 per share, versus a year-ago profit of $207.7 million, or
$0.62 per share. Its adjusted earnings surged to $0.72 per share
versus $0.63 per share.
Its revenue climbed to $4.4 billion from $4.0 billion.
However, analysts were projecting earnings of $0.70 per share on
revenue of $4.4 billion. For the full year, Dollar General lifted
the lower end of its earnings forecast to $3.18 to $3.22 per
share, versus its earlier forecast of $3.15 to $3.22 per
Equities Trading UP Conns (NASDAQ:
) shot up 16.47 percent to $68.09 after the company reported
upbeat Q3 results and raised its outlook.
Shares of Dollar General (NYSE:
) got a boost, shooting up 4.93 percent to $59.15 after the
company reported a
in its third-quarter profit.
Mattress Firm Holding (NASDAQ:
) was also up, gaining 13.03 percent to $38.70 after the company
reported upbeat Q3 results and issued a strong FY14 earnings
Equities Trading DOWN Shares of Francesca's Holdings (NASDAQ:
) were down 9.45 percent to $16.39 after the company reported
issued a weak Q4 forecast.
) shares tumbled 2.67 percent to $32.45 after the company
reported a 7.2% drop in its fiscal third-quarter earnings. The
company lifted the lower end of its earnings forecast and cut its
revenue guidance for the year.
) was down, falling 2.03 percent to $9.17 after the company
posted a loss
in the third quarter.
Commodities In commodity news,
oil traded up 0.01 percent
to $97.21, while gold traded down 1.86 percent to $1,224.00.
Silver traded down 2.72 percent Thursday to $19.29, while
copper fell 0.75 percent to $3.22.
Eurozone European shares
today. The Spanish Ibex Index tumbled 0.44 percent, while Italy's
FTSE MIB Index declined 0.57 percent. Meanwhile, the German DAX
dropped 0.31 percent and the French CAC 40 declined 0.35 percent
while U.K. shares fell 0.22 percent.
Economics U.S. jobless claims declined by 23,000 to 298,000 in
the week ended November 30, from a revised 321,000 in the earlier
week. However, economists were projecting claims to increase to
The U.S. economy expanded by an annual rate of 3.6% in the
third quarter, versus an initial reading of 2.8%.
U.S. factory orders declined 0.90% in October, versus
economists' expectations for a 1.00% drop.
The Treasury is set to auction 3-and 6-month bills. The
Treasury will also auction 3-and 10-year notes.
Data on money supply will be released at 4:30 p.m. ET.
(c) 2013 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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