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

Eli Lilly misses revenue forecastEli Lilly misses revenue forecast
(Reuters) - U.S. drugmaker Eli Lilly and Co <LLY.N> on Thursday reported lower than expected revenue, hurt by plunging sales of its Cymbalta depression drug, which is now facing generic competit...
UPDATE 2-Pernod looks for more bolt-on deals after U.S buyUPDATE 2-Pernod looks for more bolt-on deals after U.S buy
* Q3 sales 1.62 bln euros, flat like-for-like * Keeps full-year goal for 1-3 pct operating profit growth * Buys California wine maker Kenwood Vineyards * Looking for more bolt-on deals, no large...
Nokia says India plant unlikely to be part of Microsoft dealNokia says India plant unlikely to be part of Microsoft deal
NEW DELHI, April 24 (Reuters) - Nokia said that due to an ongoing tax dispute its Indian mobile phone handset plant was unlikely to be included in a deal due to be concluded on Friday for the sale of ...
Dunkin's results miss as cold weather puts hole in U.S. salesDunkin's results miss as cold weather puts hole in U.S. sales
(Reuters) - Dunkin` Brands Group Inc <DNKN.O>, parent of Dunkin` Donuts and Baskin-Robbins ice cream outlets, reported lower-than-expected quarterly results as extreme cold weather in parts of t...
Time Warner Cable profit rises 19.5 pctTime Warner Cable profit rises 19.5 pct
April 24 (Reuters) - Time Warner Cable Inc, the second-largest U.S. cable operator, posted a 19.5 percent rise in quarterly profit as its residential subscriber trends improved through the quarter. ...

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.