Market News Video
Email EnvelopeFree Email Alerts By Stock:
Get Dividend Alerts
Get SEC Filing Alerts
Weekly Market Wrap: November 22, 2013
Friday, November 22, 3:13 PM ET

This forty-seventh trading week of 2013 comes to a close with investors wondering if weak third quarter earnings from the retail sector could translate into a weak holiday season.

Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for November 22, 2013.

The Dow Jones Industrial Average is trading higher this week, while the Nasdaq and S&P 500 are trading close to even.

Crude oil futures are higher this week, trading below $95.00 per barrel on Friday afternoon.

And Gold futures are lower this week, trading around $1,244 an ounce in Friday afternoon trading.

In corporate news, Abercrombie & Fitch (ANF) reported a third quarter loss of $15.6 million, or 20 cents per share, as revenue slid to $1.03 billion. Excluding one-time items, the clothing retailer would have earned 52 cents per share, topping the consensus estimates.

Target (TGT) reported third quarter earnings of $341 million, or 54 cents per share, as revenue climbed to $17.26 billion. Excluding one-time items, the company would have earned 84 cents per share, topping Wall Street earnings estimates, but falling just shy of the consensus sales numbers.

Sears (SHLD) reported a third quarter loss of $534 million, or $5.03 per share, as revenue dropped to $8.27 billion. The company said sales at stores open at least a year fell by 3.1% and noted that higher payroll taxes may be impacting its customers' budgets.

Foot Locker (FL) reported third quarter earnings of $104 million, or 70 cents per share, as revenue climbed to $1.62 billion. Excluding one-time items, the company would have earned 68 cents per share, topping Wall Street estimates.

This is the 'Weekly Market Wrap' for Friday November 22, 2013. Please join us on Monday for the Week Ahead Market Report.

For MarketNewsVideo.com, I'm Sayoko Murase.

Weekly Market Wrap:  November 22, 2013
Monday 4/29 Insider Buying Report: AUBN, LSBKMonday 4/29 Insider Buying Report: AUBN, LSBK
Related symbols: AUBN,LSBK
Monday 4/29 Insider Buying Report: AYI, MAIAMonday 4/29 Insider Buying Report: AYI, MAIA
Related symbols: AYI,MAIA
Friday 4/26 Insider Buying Report: MSCI, ABEOFriday 4/26 Insider Buying Report: MSCI, ABEO
Related symbols: MSCI,ABEO
S&P 500 Analyst Moves: LHXS&P 500 Analyst Moves: LHX
Related symbols: LHX
Dow Analyst Moves: BADow Analyst Moves: BA
Related symbols: BA
S&P 500 Analyst Moves: FSLRS&P 500 Analyst Moves: FSLR
Related symbols: FSLR
Monday Sector Laggards: Education & Training Services, RailroadsMonday Sector Laggards: Education & Training Services, Railroads
Related symbols: STRA,CHGG,GBX,UNP
Monday Sector Leaders: Television & Radio, DrugsMonday Sector Leaders: Television & Radio, Drugs
Related symbols: ATUS,LSXMK,DCPH,SLNO
Tuesday Sector Laggards: Non-Precious Metals & Non-Metallic Mining, Computer PeripheralsTuesday Sector Laggards: Non-Precious Metals & Non-Metallic Mining, Computer Peripherals
Related symbols: CLF,NUE,XRX,VUZI
Nasdaq 100 Movers: NVDA, TSLANasdaq 100 Movers: NVDA, TSLA
Related symbols: NVDA,TSLA,GOOGL,SIRI
S&P 500 Movers: RMD, TSLAS&P 500 Movers: RMD, TSLA
Related symbols: RMD,TSLA,SMCI,ALB
Dow Movers: INTC, AAPLDow Movers: INTC, AAPL
Related symbols: INTC,AAPL,MSFT,VZ
Daily Dividend Report: SWK,CNP,DPZ,LDOS,ARMKDaily Dividend Report: SWK,CNP,DPZ,LDOS,ARMK
Related symbols: SWK,CNP,DPZ,LDOS,ARMK
Daily Dividend Report: PH, SYY, XOM, CVX, BACDaily Dividend Report: PH, SYY, XOM, CVX, BAC
Related symbols: PH,SYY,XOM,CVX,BAC
Daily Dividend Report: PFE, SCHW, CI, MPC, AVYDaily Dividend Report: PFE, SCHW, CI, MPC, AVY
Related symbols: PFE,SCHW,CI,MPC,AVY
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015Weekly Market Wrap: August 14, 2015
Related symbols: BAC,AMAT,AAPL,S,SYY
Weekly Market Wrap: August 7, 2015Weekly Market Wrap: August 7, 2015
Related symbols: SUNE,BAC,CHK,GRPN,AAPL
Weekly Market Wrap: July 31, 2015Weekly Market Wrap: July 31, 2015
Related symbols: BAC,MU,AAPL,SUNE,FB
Week Ahead Market Report: June 8, 2015Week Ahead Market Report: June 8, 2015
Related symbols: BAC,FTR,AAPL,INTC,MNKD
Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
Related symbols: BAC,AAPL,VALE,T
Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
Related symbols: BAC,AAPL,MSFT,ICLD,NOK
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy

Weekly Market Wrap: November 22, 2013 | Market News Video | Copyright © 2008 - 2024, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.