- DJIA 12,619.92 (-26.30)
- S&P500 1,398.97 (+0.92)
- NASDAQ 2,522.66 (+14.34)
- 52-WEEK LOWS
- Top 10 Analyst Calls
- Oil & Gas Upgrades/Downgrades
JetBlu posts
FeedClosing Bell: S&P survives day-end selling
A mixed day in many stocks, though this actually worked out to be an acceptable day despite the end of day selling that took away many of the gains. To show how the markets were mixed continually, the S&P 500 Index closed up marginally for May while the DJIA closed slightly down for the month. We also saw income and spending fall, although the numbers weren't quite as bad as expectations. This was also when the University of Michigan gave the crummiest reading in 28 years. Here are the unofficial closing bell levels:
Earnings highlights: Apple (AAPL), Merrill Lynch (MER), UAL (UAUA), and many others
The earnings crunch continues to roll along, and here are a some highlights of this past week's earnings coverage from BloggingStocks:
- Aetna Inc. (NYSE: AET) beat expectations and raised its full-year guidance.
- Amazon.com Inc. (NASDAQ: AMZN) beat estimates by a penny and offered a poor outlook.
- American Express Co. (NYSE: AXP) delivered a positive surprise, with profits up 10%.
- Amgen Inc. (NASDAQ: AMGN) beat estimates, but revenue was flat.
- Anheuser-Busch Cos. (NYSE: BUD) beat expectations on strength of international sales and partner brands.
- Apple Inc. (NASDAQ: AAPL) blew past expectations. See our conference call live blog.
- Avery Dennison Corp.'s (NYSE: AVY) net sales up, EPS down, both due to the Paxar acquisition.
- Baidu.com Inc. (NASDAQ: BIDU) beat expectations, but wariness about its growth potential lingers.
- Boeing Co. (NYSE: BA) beat expectations but lowered its guidance.
- Bristol-Myers Squibb (NYSE: BMY) beat expectations on the strength of Plavix sales.
- CNH Global's (NYSE: CNH) profit nearly doubled, beating estimates by 15%.
- Coach Inc. (NYSE: COH) beat estimates by a penny, but offered a conservative outlook for the holidays.
- Comcast Corp. (NASDAQ: CMCSA) met EPS expectations but cut its cash flow forecast.
- Countrywide Financial Corp. (NYSE: CFC) reported a $1.2 billion loss, but predicts a profit in the next quarter.
Continue reading Earnings highlights: Apple (AAPL), Merrill Lynch (MER), UAL (UAUA), and many others
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