Mid-Morning Market Update: Markets Mixed; Cal-Maine Foods FQ2 Net Profit Rises 83%

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Following the market opening Monday, the Dow traded up 0.05 percent to 16,486.63 while the NASDAQ declined 0.21 percent to 4,147.91. The S&P also fell, dropping 0.06 percent to 1,840.25.
Top Headline
Cal-Maine Foods
CALM
reported an
83% rise
in its fiscal second-quarter net income. Cal-Maine's quarterly net income surged to $26.1 million, or $1.08 per share, from $14.3 million, or $0.60 per share, in the year-ago period. Its revenue climbed 8% to $354.3 million from $328.9 million.
Equities Trading UP
Shares of Crocs
CROX
got a boost, shooting up 13.50 percent to $15.13 after the company reported that it will receive a $200 million investment from Blackstone Group LP
BX
. Sterne Agee upgraded the stock from Underperform to Neutral. Trina Solar
TSL
shot up 6.46 percent to $14.00 after the company signed an investment framework
agreement to develop
1GW solar power plant project in Xinjiang, Western China. Polypore International
PPO
was also up, gaining 4.74 percent to $39.81 after the company announced settlement and license agreement with Sumitomo Chemical.
Equities Trading DOWN
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Shares of Twitter
TWTR
were down 6.43 percent to $59.65 after tumbling 13.04% on Friday. Twitter shares surged to an all-time high of $74.73 on Thursday. Cooper Tire & Rubber Co
CTB
tumbled 2.92 percent to $22.29 after the company
terminated a merger
agreement with Apollo Tyres. Facebook
FB
was down, falling 1.40 percent to $54.67. Facebook shares have jumped 108.26 percent over the past 52 weeks.
Commodities
In commodity news,
oil traded down 0.42 percent
to $99.90, while gold traded down 0.60 percent to $1,206.70. Silver traded down 1.92 percent Monday to $19.67, while copper fell 0.12 percent to $3.38.
Euro zone
European shares
were mostly lower
today. The Spanish Ibex Index dropped 0.15 percent, while Italy's FTSE MIB Index climbed 0.06 percent. Meanwhile, the German DAX dropped 0.39 percent and the French CAC 40 jumped 0.05 percent while U.K. shares declined 0.33 percent.
Economics
The NAR's pending home sales index rose 0.20% in November, versus economists' expectations for a 1.00% gain. The Treasury is set to auction 3-and 6-month bills. Data on farm prices will be released at 3:00 p.m. ET.
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