Top Performing Industries For March 3 (PAC, EMMS, ELY, GNI, ETH)
At 1:55 p.m., the Dow gained 24.86, or 0.24%, to 10,430.84, while the broader Standard & Poor's 500 index rose 4.08.17, or 0.36%, to 1,122.39. The Nasdaq composite index climbed 5.73, or 0.25%, to 2286.52.
The industries that are driving the market today are:
Air Services, Other: The top gainer of the day, this industry added 3.72% by 1:55 p.m. ET. The highest gainer within the industry was Grupo Aeroportuario Del Pacific (NYSE: PAC), which moved up 3.95%. PAC has decided to submit a proposal for the payment of a cash dividend of 1 billion pesos. The dividend will be distributed proportionally among the shares outstanding on the payment date. The payment date will be decided at the meeting. Read more about this company here.
Broadcasting-Radio: This industry climbed 3.24% by 1:55 p.m. ET. The top performer in this industry was Emmis Communications Corp (NASDAQ: EMMS) that added 4.55%. EMMS has named its Chief Strategy Officer Greg Loewen as the President of Emmis Publishing. Read more about this company here.
Sporting Goods: This industry moved up 2.64% by 1:55 p.m. ET, with Callaway Golf Company (NYSE: ELY) climbing 5.20% to gain the top spot. Analysts at Robert W Baird initiated coverage of ELY with an “outperform” rating. Read more about this company here.
Steel & Iron: The industry, which rose by 2.38%, has the top gainer in the form of Great Northern Iron Ore Properties (NYSE: GNI). GNI gained 4.54% to trade at $99.57. GNI’s trailing-twelve-month return on equity stands at 103.39%. Read more about this company here.
Home Furnishings & Fixtures: This industry moved up 2.24% by 1:55 pm ET. The top performer in this industry was Ethan Allen Interiors Inc (NYSE: ETH), which added 24.83% to trade at $20.07 by 2:20 pm ET. ETH topped the list of biggest percentage price gainers among common stocks on the NYSE at midday. ETH designs, manufactures, sources, sells and distributes various home furnishings and accessories in the US. Read more about this company here.
