Market News

November 6, 2012  Tue 7:31 AM CT

Guidance Overshadows Strong Results

Zillow's results beat expectations, but the guidance left something to be desired. The real-estate company now sees fourth-quarter revenue of $30 million to $31 million, while analysts were looking for $32.5 million. Management blamed the shortfall on the loss of Foreclose.com, one of its big advertisers. Z plunges 18 percent before the bell on my tradeMONSTER platform.

Express Scripts Talks Down 2013

Express Scripts reported weak top-line results and talked down next year's performance, calling the $4.50 in per-share profits expected by analysts "overly aggressive." ESRX drops 13 percent in early trading.

Jive Software Loss Narrower Than Expected

Jive Software reported a third-quarter loss of $0.09 a share, better than the $0.11 loss forecast by the Street. Revenue of $29 million beat the $28.76 consensus estimate as well, sending JIVE higher by 11 percent in the premarket.
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President John F. Kennedy, Thanksgiving 1963

This Proclamation by JFK was delivered November 4, 1963. It proclaimed November 28, 1963 as a day of national thanksgiving.

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