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Salesforce.com Falls on Wider Q1 Loss
2013 May 23, 8:57pm
Cloud computing and customer relationship management company Salesforce.com (NYSE: CRM) released its fiscal first-quarter earnings results after the closing bell on Thursday. The company reported adjusted earnings per share that were in-line with Wall Street estimates and sales that topped...
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Ross Stores Reports Higher Q1 Profit, Lifts Full-Year EPS Guidance
2013 May 23, 8:51pm
Discount retailer Ross Stores (NASDAQ: ROST) released its fiscal first-quarter earnings results after the closing bell on Thursday. The company reported earnings per share that were in-line with Wall Street consensus and revenue that topped expectations. Ross also lifted its full-year EPS view,...
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Pandora Jumps on Q1 Results, Increased Guidance
2013 May 23, 8:49pm
Internet radio company Pandora Media (NYSE: P) released its fiscal first-quarter earnings results on Thursday after the closing bell. The company reported in-line earnings per share and revenue which was above Wall Street expectations. Pandora also lifted its fiscal 2014 earnings and revenue...
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Gap Q1 Results Beat Wall Street Estimates
2013 May 23, 8:46pm
Clothing retailer Gap (NYSE: GPS) released its fiscal first-quarter earnings results on Thursday after the closing bell. The company reported earnings and revenue which came in ahead of Wall Street consensus expectations and reaffirmed its full-year guidance. In late trading, the stock was last...
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Market Wrap for Thursday, May 23: Wall Street Shrugs Off Global Slump
2013 May 23, 4:30pm
Thursday's trading session may have been the most glaring example of just how powerful the bull market in U.S. stocks is right now. Even though all of the major averages closed slightly lower on the day, the U.S. market was able to shrug off a global rout in stock prices that began with a 7.3...
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Nigeria ETF Gets Good News on Glum Day For Global Markets
2013 May 23, 4:24pm
On Thursday, China sneezed, Japan caught the cold, and ETFs tracking a plethora of global markets closed lower. Predictably, emerging markets sagged with the Vanguard MSCI Emerging Markets ETF (NYSE: VWO) and the iShares MSCI Emerging Markets Index Fund (NYSE: EEM) closing down. Developed...
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Small Cap Alert: Pacific Sunwear Has More Than Doubled in 2013
2013 May 23, 3:46pm
Shares of Pacific Sunwear (NASDAQ: PSUN) were trading up around 13 percent late on Thursday after the company released its fiscal first-quarter earnings results after the closing bell on Wednesday. The small-cap company was devastated in the wake of the financial crisis and the stock has never...
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Mid-Afternoon Market Update: Markets Turn Upwards, Ply Gem Rises
2013 May 23, 3:34pm
Toward the end of trading Thursday, the Dow traded up 0.13 percent to 15,327.52, while the NASDAQ fell 0.12 percent to 3,459.98. The S&P was also down, declining 0.24 percent to 1,651.88. Top HeadlineDollar Tree (NASDAQ: DLTR) reported a 15 percent rise in its fiscal first-quarter earnings...
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NOAA: 2013 Hurricane Season to be 'Extremely Active'
2013 May 23, 2:21pm
Much of the east coast was hoping to hear that the 2013 hurricane season would be tame but according to a report released by Colorado State University and sponsored by the National Hurricane Center, that isn’t likely to be the case. The report calls for an “extremely active” season with 13 to...
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Analyst Suggests Caution on Popular Japan ETF
2013 May 23, 1:53pm
Following Thursday's savage plunge that saw Japanese stocks notch their worst one-day performance in more than two years, it is no surprise that ETFs focused on the world's third-largest economy are tumbling today. That group includes the WisdomTree Japan Hedged Equity Fund (NYSE: DXJ), an ETF...
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