FinancialContent is the trusted provider of stock market information to the media industry
Mixed Close As Retail Sales Impress
Posted on April 16, 2012 at 17:38 PM EDT
The markets closed mixed with the Dow climbing 71 points to 12,921 as better than expected retail sales boosted blue chip stocks. Nasdaq fell 22 points to 2988.
On the upside
Reliance Steel & Aluminum (NYSE: RS) cited strong demand for lifting its first quarter earnings guidance.
Berkshire Hathaway announced on Friday that it now holds a 4% stake in St. Louis Post-Dispatch parent Lee Enterprises (NYSE: LEE).
USA Technologies (Nasdaq: USAT) reported preliminary third quarter results of higher revenue and the reversal of losses.
On the downside
Morgan Stanley downgraded Spreadtrum Communications (Nasdaq: SPRD) to an Equalweight rating.
Sprint (NYSE: S) will launch the Galaxy Nexus 4G LTE smartphone on Sunday, April 22, for $199.99 but the stock price fell.
Gannett (NYSE: GCI) disappointed with lower first quarter earnings as newspaper advertising continued to drop.
In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks added a point to 798.
Dow Jones Industrial Average Dow Jones Industrial Average (EOD) Gannett Co., Inc. Lee Enterprises, Inc. NYSE COMPOSITE INDX Reliance Steel & Aluminum Co. Russell 1000 Index Russell 2000 Russell 3000 Index SPREADTRUM COMMUNICATIONS,INC. AMERICAN DEPOSITORY SHARES Sprint Nextel Standard & Poors 500 USA Technologies, Inc.
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
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here