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
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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
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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 .
Micron was upgraded today by Oppenheimer from perform to outperform with an $8 price target, as the firm believes the stock should trade higher now that the Rambus lawsuit is over.
Shares are lower by about 4.4 percent.
Abercrombie & Fitch
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Boeing today had its numbers raised by Citigroup . Citi expects Boeing shares to reach $82, and issued a buy rating on the stock due to large recent orders.
The direct sales anti-aging skincare company hiked its fourth quarter earnings forecast today.
The company now expects earnings in a range of $0.68 to $0.72 per share, up from a prior forecast of $0.66 to $0.70 per share.
The forecast is now above analyst expectations on the high end.
Nu Skin raised its full year revenue forecast ahead of analyst estimated as well, to a range of $1.8 billion to $1.83 billion, resulting in earnings per share of $2.82 to $2.92.
CEO Truman Hunt said the company's fourth quarter is shaping up to be even stronger than it initially forecast on stellar growth in emerging markets, improved efficiencies and increased cash flow.
The company made its announcement ahead of an investor... Read More
Tech giant Dell posted fiscal third quarter earnings late yesterday.
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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.
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Discount retailer Target reported fiscal third quarter earnings ahead of analyst forecasts today.
Profits rose to $555 million, or $0.82 per share, from $535 million, or $0.74 per share, in last year's third quarter.
Adjusted earnings of $0.87 per share were well ahead of analyst expectations.
Sales rose 5.4%, to $16.05 billion, meeting analyst estimates, on same-store sales growth of 4.3%.
An important measure of inflation for consumers fell in October, according to a Labor Department report today.
The consumer price index fell by a seasonally adjusted 0.1% in October.
Excluding food and energy costs, the core reading of consumer prices rose 0.1%.
Core CPI has risen 2.1% since October 2010.
The Federal Reserve keeps a close eye on inflation when determining its monetary policy stance.
Renewed concerns for the European debt crisis are driving stocks lower generally today, and better-than-expected US industrial output figures are doing nothing to help.
US stocks are trending lower, with the SPDR S&P 500 trading down over .7% Wednesday.
The US Dollar Bullish Fund is trading up over .2%, while the Euro Trust trades down over... Read More
Pacific Ethanol shares are getting a boost today, with higher than usual trading volume, following the company's announcement today that it has retired some debt.
The marketer and producer of low-carbon renewable fuels in the Western US said it has retired in full its $35 million senior convertible notes.
The company said it made its final payment in shares of its common stock, and as of yesterday had about 77.5 million common shares outstanding.
In addition to serving integrated oil companies and gasoline marketers who blend ethanol into gasoline, Pacific Ethanol
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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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