Following the market opening Friday, the Dow traded up 0.20
percent to 15,908.46 while the NASDAQ gained 0.02 percent to
3,973.64. The S&P also rose, surging 0.08 percent to
Top Headline Nordstrom (NYSE:
Nordstrom's quarterly net income declined to $137 million, or
$0.69 per share, from $146 million, or $0.71 per share, in the
Its revenue climbed 3 percent to $2.88 billion from $2.81
billion, while revenue from stores open at least a year gained
0.1 percent. However, analysts were projecting earnings of $0.67
per share on revenue of $2.87 billion.
Equities Trading UP Voxeljet AG (NYSE:
) shot up 12.84 percent to $59.13 after the company reported its
unaudited financial results for the third quarter and nine months
ending September 30, 2013.
Shares of Youku Tudou (NYSE:
) got a boost, shooting up 6.94 percent to $28.19 after the
company reported a Q3 gross profit of RMB82.3 million (US$13.4
Agilent Technologies (NYSE:
) was also up, gaining 7.11 percent to $54.13 after the company
reported an upbeat Q4 profit.
Equities Trading DOWN Shares of Tile Shop Holdings (NASDAQ:
) were down 10.48 percent to $11.59.
Tile Shop from Buy to Neutral.
) shares tumbled 2.22 percent to $28.16 after
Morgan Stanley downgraded
the stock from Equal-weight to Underweight.
The Western Union Company (NYSE:
) was down, falling 2.92 percent to $16.94 after the company
Scott T. Scheirman
, Executive Vice President and Chief Financial Officer, will be
leaving the company.
Commodities In commodity news,
oil traded up 0.61 percent
to $94.33, while gold traded up 0.05 percent to $1,287.00.
Silver traded down 0.06 percent Friday to $20.71, while copper
fell 0.13 percent to $3.17.
Eurozone European shares today. The Spanish Ibex Index fell
0.08 percent, while Italy's FTSE MIB Index fell 0.58 percent.
Meanwhile, the German DAX gained 0.22 percent and the French CAC
40 climbed 0.21 percent while U.K. shares rose 0.29 percent.
Economics US import prices declined 0.7 percent in October,
versus economists' expectations for a 0.5 percent fall. Export
prices fell 0.5 percent in October.
The Empire State's general business conditions index declined
to negative 2.2, versus positive 1.5 in October. However,
economists were estimating a positive reading of 5.0.
Industrial production dropped 0.1 percent in October. However,
economists were projecting no change in production.
US wholesale inventories rose 0.40 percent for September,
versus economists' expectations for a 0.40 percent gain.
(c) 2013 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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