Drop In Jobless Claims Tempers Disappointment With Apple
Falling jobless claims tempered disappointment with Apple iPhone sales. The markets closed mixed with the Dow gaining 46 points to 13,825 while Nasdaq dropped 23 points to 3130.
On the upside
Travelzoo (Nasdaq: TZOO) reported lower fourth quarter earnings but the results topped analyst estimates as revenue rose.
ITT Educational Services (NYSE: ESI) fell to an unexpected loss for the fourth quarter but the for profit educator said that a new scholarship program was successful in recruiting in new students.
The National Advertising Division sided with Tempur-Pedic International (NYSE: TPX) and recommended that Serta change or stop advertising claims comparing its products to the iComfort Sleep System.
On the downside
OSI Systems (Nasdaq: OSIS) reported flat second quarter earnings and lowered its full year revenue outlook. OPKO Health (NYSE: OPK) will sell $150 million in convertible senior notes.
McCormick & Co. (NYSE: MKC) blamed higher raw material expenses for fourth quarter earnings that missed expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 7 on both the NYSE and on Nasdaq. The broader S&P 500 index held steady at 1494.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here