In trading on Wednesday, trucking shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of Arkansas Best , off about 6.8% and shares of Universal Truckload Services Limited off about 6.4% on the day.
Also lagging the market Wednesday are apparel stores shares, down on the day by about 1.3% as a group, led down by Abercrombie & Fitch
Continued fears over the European debt crisis kept stocks under pressure for much of the day, with light trading volume.
The Labor Department reported today that the consumer price index fell by a seasonally adjusted 0.1 percent in October. Excluding food and energy costs, the core reading of consumer prices rose 0.1 percent.
Also on the economic front, the Mortgage Bankers Association reported a drop in weekly mortgage applications last week.
Computer memory subsystems designer Netlist is trading higher today, with greater than usual volume, after it said in a regulatory filing late yesterday it had inked deals with both IBM and Hewlett-Packard .
In trading on Tuesday, entertainment shares were relative leaders, up on the day by about 0.8%. Leading the group were shares of Tudou Holdings Limited Ads , up about 6.3% and shares of Lodgenet Interactive up about 6% on the day.
Also showing relative strength are cigarettes & tobacco shares, up on the day by about 0.7% as a group, led by Star Scientific
) ,... Read More
Home Depot Incorporated announced its quarterly dividend of 29 cents per share, an increase of about 16% over its prior dividend in August of 25 cents. The home improvement retailer also announced results Tuesday that beat expectations. The company also raised its 2011 earnings outlook.
Shares are lower by about three quarters of a percent.
In other dividend news, 3M
JustLuxe is a luxury Web publication providing objective analysis and information to affluent consumers to assist with their decision making, such as chartering a yacht, purchasing a jet membership card, booking a luxury hotel, traveling to a specific destination, or buying real estate. Our writers conduct interviews with industry executives and leaders in their fields, analyze product offerings and review the Web sites of leading companies to ensure our readers have up-to-date data to make informed decisions. Consumers can find purveyors of fine luxury goods, services and travel solutions throughout the pages of JustLuxe via content or with our advertising partners. See our Best of Luxury high-end brands and partners.