This was one of those low-volume trading days where more stocks were up than down with the big explanation being "fewer sellers than buyers." Commodity import prices, the trade deficit, and a weak University of Michigan confidence reading failed to keep a rally from dying. Hell, even Friday the 13th didn't matter.Here were today's unofficial closing bell numbers:
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Top Stock Rumors
Day Trader Alerts
Abercrombie & Fitch Company (ANF) reported earnings that were ahead of estimates but on poor sales. The young adult retailer posted $0.30 EPS vs 0.20 estimates; sames store sales were down 23% from a year ago.
Boeing Company (BA) held up pretty well considering that it has encountered another problem with the final assembly of its Dreamliner where the plane's wing meets its body. Shares were up 0.4% at $50.49 late in the trading day.
Genzyme Corp. (GENZ) was hit hard after the FDA sent a letter saying that they found bits of steel and rubber in Genzyme drugs. Shares were down 7.75% at $49.05 before the closing bell.
The Walt Disney Company (DIS) were trading higher the day after it posted a 5% earnings gain to $0.46 EPS but revenues were down 4% year over year to $9.867 billion versus estimates at $0.41 EPS and $9.27 billion in revenues. Shares were up over 4% at $30.29 ahead of the closing bell.
Palm, Inc. (PALM) was up on buyout rumors. Again. Shares were up over 7% at $12.30 late in the day, but trading volume was never crazy.
Playboy Enterprises Inc. (PLA) was up a second day in a row on hopes that it would be acquired after reports on Thursday noted two potential buyers. Shares were up 11% at $4.53 late in the day.
Closing Bell: Stock bulls and dollar death (DDRX,GMCR, PEET, SBUX, EBAY, CI, TECD)
So long peak oil, here comes peak uranium
Black Friday expected to be strong, no promises for Christmas
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