Markets Slip Into The Weekend
The markets slip after two
rally days; major indices close the week in the red.
Oracle
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closed up 3.5% after announcing a rise in May sales from the previous year; ORCL
reports earnings on June 22.]
Microsoft
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closed down fractionally after Bill Gates announced his plan to minimize his
role at the co over a two-year transition period.
Crude oil futures closed down fractionally on the last
trading day of the week.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Aquila
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ILA |
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PowerRating)
Power Rating
Transfers Ownership Of Elwood Tolling Contracts To Constellation Energy Group (full
story).
Winnebago Industries
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WGO |
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PowerRating)
Power Rating
Q3 Profit Drops As Demand Falls; EPS Tops Consensus (full
story).
ConAgra Foods
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CAG |
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PowerRating)
Power Rating
Initiates Search For New CFO As Sklarkshy Plans To Leave (full
story).
Carnival
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CCL |
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PowerRating)
Power Rating
Q2 Profit Declines, Higher Fuel Costs And Weaker Demand For Caribbean Cruises
Hurt Earnings; Backs FY06 EPS Forecast (full
story).
Energy Partners
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PowerRating)
Power Rating
Offer Firm Bid To Buy Stone Energy
(
SGY |
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Power Rating
For $2.2 Bln; Stone Energy Reviews Offer (full
story).
China Medical
(
CMED |
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News |
PowerRating)
Power Rating
Q4 Profit Leaps 75.1% On Top Line Growth; Two Board Members Resign (full
story).
For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
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Dow
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-0.64
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11,014.55
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NASDAQ
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-14.20
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2,129.95
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S&P 500
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-4.62
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1,251.54
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size=2>NYSE
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size=2>NASDAQ
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Volume
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2,765,982,000
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2,417,153,000
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Advances
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1120
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1001
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Declines
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2102
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2002
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Up Volume
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718
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692
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Down Volume
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1690
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1532
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New Hi’s
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26
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49
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New Lo’s
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101
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82
Sectors
Strongest
Sectors
Weakest
Sectors
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(
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(
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(
RXP |
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(
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href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Current Account Deficit Narrows In Q1 (full
story).
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John Patrick Lee
johnl@tradingmarkets.com
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