Financial News

Markets reverse course

The market reversed course during the midday with the Dow falling 50 points to 16,564 as the Securities and Exchange Commission adopted a new mortgage risk retention rule for banks. Nasdaq lost 15 points to 4,404.

On the upside

Unisys (NYSE: UIS) reversed year ago losses to post a profit for the third quarter as revenue rose.

Third quarter earnings slipped for Six Flags Entertainment (NYSE: SIX) but revenue rose to top estimates and the company increased its quarterly dividend.

Small Cap Traders issued a favorable analyst report on Vapor (Nasdaq: VPCO).

On the downside

Angie's List (Nasdaq: ANGI) narrowed third quarter losses as revenue rose but analysts expected a smaller loss.

Willbros Group (NYSE: WG) restructured its management team and announced that second quarter results will be restated.

Lumber Liquidators (NYSE: LL) disappointed with lower third quarter earnings that missed analyst expectations by a wide margin and trimmed its full year outlook.

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 eased a point to 1939. Bitcoin held steady at $382.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback