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

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stocks in Green in Mid-Day Trading

Thursday, March 14, 2013 12:08 PM
Stocks remained firmly in green territory by midday trade on Thursday as investors’ risk appetite is increasing in the backdrop of significant improvement in the U.S’s macroeconomic environment. The Dow Jones has now extended its gains for the record 10th straight session, stretching its all-time-high level. At last check, the Dow Jones Industrial Average Index gained 0.40%; the NASDAQ Composite Index edged up0.30% while the S&P 500 Index advanced 0.37% Shares of kitchenware maker, Lifetime Brands Inc. (NASDAQ: LCUT) rallied on Wednesday after the company reported  that its revenue soared 10% and profits jumped almost 50%, for the fiscal fourth quarter, thanks to recent acquisition of Fred & Friends in December. The Company also said that the board of directors has declared 25% increase in quarterly dividends. Men’s Wearhouse Inc. (NYSE: MW) shares rallied about 20% after the men’s suit maker said late last evening that it has hired Jefferies & Co to evaluate strategic alternatives for K&G clothing chain as it looks to focus on Moores and namesake brands. The Company also said that board of directors approved expanding its share buyback program to $200 million from existing $45 million. On U.S. economic data front, weekly jobless claims fell by 10,000 to seasonally adjusted 332,000 for the week ended March 9, according to the Labor Department.  Economists were expecting first time claims rising to 350,000. The Producer Price Index (PPI) rose to 0.7% in February up from 0.2% gain in the preceding month, according to the Labor Department. The U.S. trade deficit in the fourth quarter widened to $110.4 billion from $107.5 billion in the third quarter. Economists were expecting a trade deficit of $112.8 billion. Elsewhere in Europe, all leading benchmark indexes traded in green territory. At last check, Stoxx 600 gained 0.82%
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

German Chancellor, Greek PM agree to stay in touch to reach debt dealGerman Chancellor, Greek PM agree to stay in touch to reach debt deal
ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel agreed in a phone conversation on Sunday to maintain contact during talks between the cash-strapped country a...
Deutsche Bank first-quarter profit falls by half as legal charges biteDeutsche Bank first-quarter profit falls by half as legal charges bite
FRANKFURT (Reuters) - Deutsche Bank`s <DBKGn.DE> earnings fell by half in the first quarter, a greater-than-expected drop as hefty legal charges eroded gains in investment banking revenue, whi...
Deutsche Bank first-quarter profit falls by half as legal charges biteDeutsche Bank first-quarter profit falls by half as legal charges bite
FRANKFURT (Reuters) - Deutsche Bank <DBKGn.DE> saw net profit fall by half to 559 million euros ($608.1 million) in the first quarter versus a year ago as hefty legal charges eroded gains from a...
Pop Milano sits pretty as Italy cooperative banks brace for M&APop Milano sits pretty as Italy cooperative banks brace for M&A
MILAN (Reuters) - At least five investment banks are vying to win a mandate from Banca Popolare di Milano (BPM) <PMII.MI> and find it a partner as Italian cooperative lenders gear up for a wav...
SEC's stock market reform club locks out retail brokersSEC's stock market reform club locks out retail brokers
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission is convening a group of financial industry veterans for the first time next month to consider stock market reforms, but one group wil...

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
small cap swing trades Futures Day Trading System S&P + Crude Oil Signals
Autotrading Autotrade Stocks Try for Free!