Established 1999
123jump.com - U.S. Financial Information Archive: 90,000 Annual and 10-K reports – 20,000 Global news stories - 3,500 IPO reports - 1,700 - Earnings Calls – 320 Fund Interviews – 10-year Annual earnings on 4,500 stocks – 20 Quarterly earnings on 3,600 stocks – 1,800 IPO prospectuses – 1,200 Economic data releases
     
   
 
Market Update : 
Starbucks, Amazon Fall, Apple Rises
Author: 123jump.com Staff
123jump.com
Last Update: 5:37 PM EDT April 23 2008


(Continued)

Email article | Print article

U.S. stocks rebounded after morning weakness, led by strength in the tech stocks. Apple after the close reported earnings of $1.16 per share compared to 87 cents a year ago on $7.51 billion in revenue compared to $5.26 billion a year ago. Starbucks reported second quarter sales rise of 12% and earnings per share declined to 15 cents from 19 cents a year ago. Starbucks also guided 2008 earnings to be lower than 87 cents in 2007.

 
Commodities, Metals, and Currencies

Crude oil increased $0.19 to close at $118.26 a barrel for a front month contract, natural gas increased 23 cent to $10.83 per mBtu, and gasoline futures increased 2.94 cents to close at 303.95 cents per gallon.

Gold decreased $16.20 in New York trading to close at $909.00 per ounce, silver closed down $0.55 cents to $17.28 per ounce, and copper for front month delivery decreased 5.80 cents to $3.905 per pound.

Wheat futures decreased 34.50 cents in Chicago trading and closed at $8.31 per bushel. Sugar decreased 20 cent to $12.75 per pound. Soybean future closed down 4.00 cents to $13.85 a bushel.

Dollar edged higher and traded at a record low against euro to $1.5887 and edged higher against yen to 103.48.

Yields on U.S. bonds increased to 3.74% with 10 years of maturities and decreased 4.49% with 30-year of maturities.
  1  2 More: Market Update Archive

 



 
© 1999-2008 123jump.com. All rights reserved