Following the market opening Friday, the Dow traded down 0.18
percent to 15,980.75 while the NASDAQ surged 0.13 percent to
3,974.38. The S&P also fell, dropping 0.06 percent to
Top Headline Foot Locker (NYSE:
) reported a
Foot Locker's quarterly profit surged to $0.70 per share,
versus $0.69 per share, in the year-ago period. However, its
profit declined to $104 million versus $106 million. Excluding
one-time items, it earned $0.68 per share.
Its revenue climbed to $1.62 billion from $1.52 billion.
However, analysts were projecting earnings of $0.66 per share on
revenue of $1.57 billion.
Equities Trading UP Ariad Pharmaceuticals (NASDAQ:
) shot up 24.73 percent to $3.48 after the company announced
positive opinion by the EMA on continued availability of
Shares of Splunk (NASDAQ:
) got a boost, shooting up 17.26 percent to $70.24 after the
company reported upbeat results for the third quarter and issued
a strong forecast.
Aruba Networks (NASDAQ:
) was also up, gaining 9.65 percent to $18.86 after the company
reported upbeat Q1 results. Needham upgraded the stock from Hold
Equities Trading DOWN Shares of Nordic American Tankers (NYSE:
) were down 10.47 percent to $7.95 after the company
announced the pricing
of follow-on offering.
The Fresh Market (NASDAQ:
) shares tumbled 15.96 percent to $42.35 after the company
reported downbeat Q3 results and issued a weak profit outlook.
downgraded the stock
from Buy to Neutral and lowered the price target from $59.00 to
Ross Stores (NASDAQ:
) was down, falling 7.69 percent to $74.09 after the company
reported weak Q3 revenue and cut its Q4 earnings forecast. Maxim
Group downgraded the stock from Hold to Sell and lowered the
price target from $75.00 to $63.00.
Commodities In commodity news,
oil traded down 0.21 percent
to $95.24, while gold traded up 0.06 percent to $1,244.30.
Silver traded up 0.05 percent Friday to $19.99, while copper
rose 0.42 percent to $3.21.
Eurozone European shares
were mostly higher
today. The Spanish Ibex Index rose 0.93 percent, while Italy's
FTSE MIB Index gained 0.10 percent. Meanwhile, the German DAX
gained 0.13 percent and the French CAC 40 surged 0.53 percent
while U.K. shares fell 0.07 percent.
Economics Federal Reserve Gov. Daniel Tarullo is expected to
speak at 12:15 p.m. ET.
(c) 2013 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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