Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stocks Edge Higher

Friday, June 21, 2013 9:44 AM
U.S. stocks edged higher in early trading on Friday as global markets stabilized after previous session’s mayhem. At last check, the DJIA edged up 0.44%; the NASDAQ Composite Index added 0.20% while the S&P 500 Index advanced 0.21%. Shares of Darden Restaurants Inc. (NYSE: DRI) fell in early trade after the parent company of Olive Garden and Red Lobster, handed slightly lower-than-expected earnings; revenue matched Street’s estimate though. Separately, the Company also said that its Board has approved to increase the quarterly dividend by 10% to 55 cents a share. Shares of CarMax Inc. (NYSE: KMX) rallied in early trade after the used vehicles provider reported stronger-than-expected fiscal first quarter results. The Company reported earnings of 64 cents a share on revenue of $3.31 billion, comfortably exceeding Street’s consensus estimate for earnings of 53 cents a share on revenue of $2.81 billion. Shares of Tibco Software Inc. (NASDAQ: TIBX) edged up in early trade. The data management and analytics software maker late last evening said that fiscal second quarter income slumped 67% due to weaker margin, drop in licensing revenue and higher operating cost. However, adjusted earnings matched analysts’ consensus estimate. Revenue stood slightly short of analysts’ expectation. The U.S. economic data calendar is empty on Friday. In some other markets, gold staged a mini-recovery on Friday after plunging more than 5% in the previous session. Bargain hunting mainly from China helped pushing the metal towards $1,300 an ounce mark. Crude oil futures plunged 3.36% to $94.94 a barrel while gold futures for August delivery gained 0.50% to $1,292.60 an ounce, at last check. The U.S. dollar index slipped on Friday but the currency was still trading broadly higher.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2015 the year you get RICH!

Latest Headlines

Greek PM says on final stretch toward deal with lendersGreek PM says on final stretch toward deal with lenders
ATHENS (Reuters) - Greece`s Prime Minister Alexis Tsipras said on Saturday his leftist-led government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal...
ECB's Draghi urges euro zone to unite for economic reformECB's Draghi urges euro zone to unite for economic reform
ROME (Reuters) - European Central Bank President Mario Draghi has urged euro zone countries to unite in the task of reforming the bloc`s economies, saying sharing sovereignty was an opportunity and no...
Bank of England confirms EU exit research after email misfireBank of England confirms EU exit research after email misfire
LONDON (Reuters) - The Bank of England plans to assess the implications of a possible British exit from the European Union, it said in a statement, confirming an email it inadvertently sent to a new...
Bank of England confirms EU exit research after email misfireBank of England confirms EU exit research after email misfire
LONDON (Reuters) - The Bank of England plans to assess the implications of a possible British exit from the European Union, it said in a statement, confirming an email it inadvertently sent to a new...
South Korea seeks deeper cooperation with Japan on China-led AIIBSouth Korea seeks deeper cooperation with Japan on China-led AIIB
TOKYO (Reuters) - South Korea called on Saturday for deeper cooperation with Japan on a China-led development bank, while Japan remained cautious about the lender, which it and ally the United States ...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.

Algorithm Based
Trade Signals
arrow
swing trades FREE Swing Trade Ideas Clear, simple swing trades.
small cap swing trades Futures Day Trading System S&P + Crude Oil Signals
Autotrading Autotrade Stocks Try for Free!