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

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stocks Gain in Early Trading

Tuesday, June 4, 2013 9:40 AM
U.S. stocks edged higher in early trading on Tuesday, taking a cue from European equities. At last check, the DJIA added 0.12%, NASDAQ Composite Index advanced 0.19% while the S&P 500 Index gained 0.16%. According to the U.S. Commerce Department, nation’s trade deficit widened to $40.3 billion in April from $39 billion in March; however, the increase in the trade deficit was less-than-expected. Economists polled by Reuters were expecting it at $41 billion. Shares of Dollar General Corp. (NYSE: DG) slumped in early trade. Although the discount retailer’s fiscal first quarter results came in-line with analysts’ expectation, the Company lowered its full-year earnings guidance, citing slower sales growth. Shares of Ulta Salon, Cosmetics & Fragrance Inc. (NASDAQ:ULTA) will be under pressure on Tuesday after analysts at Goldman Sachs downgraded the beauty retailer’s stock to “neutral” from “buy”, citing that the firm needs to invest more in information technology to benefit from growing opportunities from e-commerce business. Shares of CME Group (NASDAQ: CME) edged up in early trade after analysts at Wells Fargo upgraded the stock to “outperform” from “marketperform”. Shares of ABM Industries Inc. (NYSE: ABM) rallied in early trade after the integrated building security solutions provider reported 65% jump in fiscal second quarter net income, late last evening. Revenue was boosted by some recent acquisitions. The Company also boosted its full-year earnings guidance. Elsewhere in Europe, all leading benchmark indexes were trading higher with pan European Stoxx 600 Index up 0.44%, at last check. Spain’s benchmark average Ibex 35 was climbing 1.25% as mood was buoyed up after an economic survey showed that the unemployment level decreased.  
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2014 the year you get RICH!

Latest Headlines

IBM and the financial engineering economy: James SaftIBM and the financial engineering economy: James Saft
(Reuters) - IBM’s woes are interesting not simply because they tell us about the economy, but because they reveal broader truths about how, and for whom, companies are run. IBM kicked its 2015 ope...
China food scandal, tough U.S. competition pummel McDonald'sChina food scandal, tough U.S. competition pummel McDonald's
(Reuters) - McDonald`s Corp <MCD.N> reported a 30 percent fall in quarterly profit due to a food scandal in China and tough competition in the United States, and the world`s largest restaurant c...
McDonald's quarterly profit falls 30 percentMcDonald's quarterly profit falls 30 percent
(Reuters) - McDonald`s Corp <MCD.N> reported a 30 percent fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States. The company`s net income fell ...
Apple seen riding higher on strong iPhone demand, iPad reboundApple seen riding higher on strong iPhone demand, iPad rebound
(Reuters) - Strong global demand for Apple Inc`s <AAPL.O> iPhone 6 will drive revenue growth through 2015, while updated models should help reverse three straight quarters of declining iPad sale...
Coca-Cola Co profit falls; company expands cost-cuttingCoca-Cola Co profit falls; company expands cost-cutting
(Reuters) - Coca-Cola Co <KO.N> said on Tuesday that its quarterly profit fell 14 percent as sales of carbonated beverage volumes in North America declined. The company, whose shares fell 4 ...

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.