Top Headline
The Wendy's Co WEN reported better-than-expected third-quarter adjusted earnings.
Its revenue climbed to $640.8 million from $636.3 million. However, analysts were projecting earnings of $0.06 per share on revenue of $640 million. Wendy's lifted its full-year earnings view to $0.25 per share.
Equities Trading UPHomeAway AWAY shot up 16.71 percent to $33.95 after the company reported a 63 percent rise in its Q3 profit. Raymond James upgraded the stock from Outperform to Strong Buy.
Shares of Twitter TWTR got a boost, shooting up 74.55 percent to $45.38 as the social network began trading on the NYSE. The microblogging site priced 70 million share offering at $26.00 per share.
RDA Microelectronics RDA was also up, gaining 10.42 percent to $17.17 after the company announced the receipt of $18.00/ADS acquisition proposal from Tsinghua Unigroup.Equities Trading DOWN
Shares of Nationstar Mortgage Holdings NSM were down 18.29 percent to $40.22 after the company reported Q3 results. Stonegate Mortgage announced its plans to acquire Nationstar's wholesale lending channel.
The Wendy's Company WEN was down, falling 13.48 percent to $7.87 on Q3 results.
CommoditiesIn commodity news, oil traded down 0.80 percent to $94.04, while gold traded down 0.39 percent to $1,312.70.
Silver traded down 0.20 percent Thursday to $21.73, while copper fell 0.09 percent to $3.23.
EurozoneEuropean shares were mostly lower today. The Spanish Ibex Index dropped 0.87 percent, while Italy's FTSE MIB Index tumbled 1.82 percent. Meanwhile, the German DAX gained 0.58 percent and the French CAC 40 declined 0.07 percent while U.K. shares fell 0.65 percent.
Economics
US jobless claims declined by 9,000 to 336,000 in the week ending November 2. However, economists were projecting claims to drop to 335,000.
The Bloomberg Consumer Comfort Index fell to minus 37.9 in the week ending November 3, versus minus 37.6.
Natural gas supplies climbed 35 billion cubic feet for the week ending November 1, the US Energy Information Administration reported. However, analysts were expecting a rise of 34 billion cubic feet to 38 billion cubic feet.Data on consumer credit for September will be released at 3:00 p.m. ET, while money supply data will be released at 4:30 p.m. ET.
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