Market News

August 29, 2012  Wed 7:34 AM CT

Second-Quarter Results Miss Expectations

Dycom Industries earned $0.39 a share on revenue of $318 million. Analysts had expected $0.41 and $323.7 million, respectively. DY plunges 15 percent before the bell on my tradeMONSTER platform.

Bears Torpedo Frontline

Frontline reported a second-quarter loss of $0.14 a share, worse than the $0.05 feared by the Street. The oil tanker company also said that third-quarter results will be even worse as it waits for signs of its business improving. FRO drops 7 percent in early trading.

Jos A Bank Climbs on Strong Results

Jos A Bank earned $0.83, beating the $0.73 consensus estimate. Revenue of $260 million beat the $251 million average estimate. JOSB is up 12 percent in the premarket.

News Archives
OptionsHouse

Education & Strategy

Election Sector Rotation

Sector rotation is the process where mutual funds, portfolio managers, and investors in general, shift their investments from one sector of the economy to another.

More education articles »