In trading on Thursday, air services shares were relative laggards, down on the day by about 4.1%. Helping drag down the group were shares of China Infrastructure Investment , down about 29.7% and shares of Zipcar off about 3.3% on the day.
Also lagging the market Thursday are precious metals shares, down on the day by about 2.6% as a group, led down by Caledonia Mining
In trading on Thursday, television & radio shares were relative leaders, up on the day by about 1.5%. Leading the group were shares of Ubiquiti Networks , up about 6.3% and shares of Sinclair Broadcast Group up about 4.3% on the day.
Also showing relative strength are construction materials & machinery shares, up on the day by about 1.3% as a group, led by USG
Union Pacific Corporation announced its quarterly dividend of 60 cents per share, an increase of about 26% over its prior dividend in August of 47.5 cents. The increased dividend is payable January 2, 2012 , to stockholders of record on November 30, 2011 .
Tech giant Dell posted fiscal third quarter earnings late yesterday.
) said profits rose to $893 million, or $0.49 per share, from $822 million, or $0.42 per share, in last year's third quarter.
Adjusted earnings of $0.54 per share beat analyst expectations.
Revenue was flat, at $15.4 billion, and fell short... Read More
ConocoPhillips said today it has agreed to sell its interests in two US pipeline companies for a total of $2 billion.
) has agreed to sell a 16.55% interest in Colonial Pipeline Company and Colonial Ventures to a subsidiary of Caisse de depot et placement du Quebec. That transaction is expected to close in the... Read More
Online brokerage E*Trade Financial reported a 9% year-over-year increase in trading activity in October, Daily average revenue trades averaged 157,713 in October, 9% higher than October 2010 and 3% higher than in September.
Brokerage account totals fell slightly from September to October a decrease of 836 accounts to about 2.8 million.
Net new brokerage assets were up $0.6 billion in October, E*Trade said, as brokerage-related cash increased by $1 billion, or $27.1 billion, as customers were net sellers of about $0.9 billion in securities.
E*Trade shares are trading down over 2.8% Wednesday.
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