Wednesday's Service Stocks Mixed on News (EJ, HRB, KR, DKS)


(EMAILWIRE.COM, March 11, 2010 ) Dallas, Tx - U.S. stocks closed almost flat Wednesday. The Dow Jones Industrial Average rose 2.95 points to 10567.33 the Standard & Poor's 500 rose 5.17 points to 1145.61 and the Nasdaq Composite Index rose 18.27 points to 2358.95. Following were among the service sector companies whose shares were actively traded in Wednesday's session.

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E-House (China) Holdings Limited (NYSE:EJ) soared 1.71% to $20.78 on 1.09 million shares as the company this week said its fourth-quarter net income attributable to E-House shareholders grew to $39.0 million or $0.49 per ADS from $8.3 million or $0.10 per ADS in the prior year period.

H&R Block, Inc. (NYSE:HRB) went down 0.66% to $16.57 on 5.99 million shares after the company this week said it will not provide outlook for the year, after posting a 20 percent drop in quarterly profit from continuing operations. For the third quarter ended Jan. 31, H&R Block earned $50.6 million, or 15 cents a share, compared with $47.4 million, or 14 cents a share, a year back.

The Kroger Co. (NYSE:KR) declined 0.89% to $22.15 on 9.49 million shares after the company said Tuesday that its fourth-quarter profit in the quarter ended Jan. 30 fell to $255.4 million, or 39 cents a share, from $349.2 million, or 53 cents, a year earlier.

Dick's Sporting Goods, Inc. (NYSE:DKS) added 1.73% to $25.89 on 2.38 million shares after the company this week quarterly profit topped market estimates for the seventh consecutive quarter on strong sales of cold weather gear, and forecast a full-year profit that could meet or beat analysts' expectations. The company's fourth-quarter net income rose to $67.4 million, 56 cents a share, from a loss of $105.6 million, or 94 cents a share, a year ago.

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