The Daily Courier, Forest City, NC, Wednesday, September 1, 2010 — 11A
Business/finance
THE MARKET IN REVIEW
STOCK EXCHANGE HIGHLIGHTS
u
NYSE
6,704.15 +8.87
GAINERS ($2 OR MORE)
Name Last Chg SkilldHcre 3.36 +.89 Saks 7.90 +1.30 CPI 21.81 +3.08 LionsGt g 7.14 +.65 SpectrmB n25.51 +2.30 FtBcp pfD 5.45 +.45 Goldcp wt 6.03 +.45 FtBcp pfA 5.50 +.40 Ferro 10.70 +.69 Ameresco n12.18 +.74
%Chg +36.0 +19.7 +16.4 +10.0 +9.9 +9.0 +8.1 +7.8 +6.9 +6.5
LOSERS ($2 OR MORE)
Name Last Chg MLSel10 7-125.80 -.99 K-Sea 4.45 -.60 RBS pfI 14.00 -1.68 iShxUSInfo48.50 -5.00 MSSPMid105.32 -.55 RBS pfE 13.90 -1.27 RBS pfG 13.76 -1.21 CrwfdA 2.10 -.17 DuoyGWat 21.26 -1.50 Stepan pf 63.83 -4.46
%Chg -14.6 -11.9 -10.7 -9.3 -9.3 -8.4 -8.1 -7.5 -6.6 -6.5
MOST ACTIVE ($1 OR MORE) Name Vol (00) Last Chg Citigrp 5864222 3.71 +.04 S&P500ETF2447319105.31 -.00 BkofAm 1687295 12.46 +.14 SPDR Fncl 1038306 13.56 +.12 iShEMkts 697039 40.06 +.24 FordM 629709 11.29 -.07 GenElec 570442 14.48 -.04 iShR2K 560021 60.18 -.12 DirFnBear 534800 16.73 -.32 PrUShS&P 444373 35.34 -.08 Advanced Declined Unchanged Total issues New Highs New Lows Volume
DIARY
1,683 1,345 125 3,153 139 94 4,451,493,271
d
AMEX
1,877.29 -2.84
GAINERS ($2 OR MORE)
Name Last Chg %Chg Aerosonic 3.54 +.24 +7.3 CKX Lands12.25 +.81 +7.1 Wstmlnd pf 19.50 +1.16 +6.3 SbdCp 1610.00+92.00 +6.1 OrionEngy 2.44 +.13 +5.6 ContMatls 16.83 +.88 +5.5 AlmadnM g 2.22 +.11 +5.2 NovaGld g 7.43 +.36 +5.1 ConmedH 3.04 +.14 +4.8 US Gold 5.17 +.23 +4.7
LOSERS ($2 OR MORE)
Name Last Servotr 8.15 Engex 3.69 AmDGEn n 2.58 ChiMarFd 5.13 ChinaPhH n 2.62 Geokinetics 5.00 SwedLC22 7.67 MagHRes 3.86 VistaGold 2.11 RareEle g 4.35
Chg %Chg -1.18 -12.6 -.42 -10.1 -.23 -8.2 -.37 -6.7 -.17 -6.1 -.31 -5.8 -.41 -5.1 -.20 -4.9 -.10 -4.5 -.19 -4.2
MOST ACTIVE ($1 OR MORE) Name Vol (00) Last Chg NovaGld g 50275 7.43 +.36 GoldStr g 38582 4.72 +.11 KodiakO g 37127 2.46 -.09 VantageDrl 35815 1.37 +.01 AlldNevG 23693 23.45 +.81 NwGold g 21830 6.40 +.11 GranTrra g 21474 6.30 +.02 GrtBasG g 18600 2.15 +.01 US Gold 17539 5.17 +.23 EndvrInt 17166 1.18 -.04 DIARY
Advanced Declined Unchanged Total issues New Highs New Lows Volume
267 210 30 507 21 11 83,288,846
d
NASDAQ 2,114.03 -5.94
GAINERS ($2 OR MORE)
Name Last NwLead rs 5.23 PFSweb 2.60 CTI Inds 5.70 EngyConv 4.51 Kingstone 2.74 Spreadtrm 11.46 CobraEl 2.17 Micrvisn 2.60 OakVlyBcp 5.47 RexEnergy 11.31
Chg +.99 +.32 +.69 +.53 +.32 +1.31 +.23 +.25 +.52 +1.05
%Chg +23.3 +14.0 +13.8 +13.3 +13.2 +12.9 +11.9 +10.6 +10.5 +10.2
LOSERS ($2 OR MORE)
Name Last IsleCapri 6.99 Winn-Dixie 6.56 HutchT 2.87 TechTeam 5.81 Mediacom 5.80 PostRock n 3.28 CT BkTr 4.74 FstFrnkln 6.71 OriginAg 7.14 SevernBc 3.60
Chg -1.88 -1.46 -.59 -1.17 -1.05 -.54 -.76 -1.06 -.93 -.41
%Chg -21.2 -18.2 -17.1 -16.8 -15.3 -14.1 -13.8 -13.6 -11.5 -10.2
MOST ACTIVE ($1 OR MORE)
Name Vol (00) Intel 1055844 Cisco 918709 PwShs QQQ655581 Microsoft 621401 Oracle 401078 MicronT 349036 Dell Inc 328521 RschMotn 302207 ApldMatl 286414 NewsCpA 231605
Advanced Declined Unchanged Total issues New Highs New Lows Volume
Last Chg 17.67 -.29 19.99 -.34 43.46 -.15 23.47 -.18 21.85 -.18 6.46 -.08 11.77 -.25 42.84 -2.75 10.37 -.10 12.56 +.25
DIARY
1,268 1,323 161 2,752 20 141 2,059,506,689
DAILY DOW JONES LOOKING FOR DIRECTION IN THIS 10,520 LET’S TALK. VOLATILE MARKET? Dow Jones industrials 10 DAYS Close: 10,014.72 Change: 4.99 (flat)
10,220
9,920
11,600 11,200 10,800
52-Week High Low
11,258.01 4,812.87 408.57 7,743.74 1,994.20 2,535.28 1,219.80 852.90 12,847.91 745.95
9,252.93 3,546.48 346.95 6,355.83 1,656.23 1,958.04 991.97 633.40 10,212.82 552.27
STOCK MARKET INDEXES Dow Industrials Dow Transportation Dow Utilities NYSE Composite Amex Market Value Nasdaq Composite S&P 500 S&P MidCap Wilshire 5000 Russell 2000
10,400
Net Chg
10,014.72 4,122.63 388.97 6,704.15 1,877.29 2,114.03 1,049.33 721.64 11,001.12 602.06
+4.99 +11.50 +1.76 +8.87 -2.84 -5.94 +.41 +.17 +4.57 +.34
YTD %Chg %Chg
+.05 +.28 +.45 +.13 -.15 -.28 +.04 +.02 +.04 +.06
-3.96 +.56 -2.27 -6.69 +2.87 -6.84 -5.90 -.69 -4.74 -3.73
12-mo %Chg
+7.56 +13.93 +4.92 +3.33 +12.89 +7.37 +5.14 +12.74 +7.06 +7.88
MUTUAL FUNDS
10,000 9,600
Last
Name
M
A
M
J
L
I
J
A
Name
PIMCO TotRetIs Vanguard TotStIdx American Funds GrthAmA m American Funds CapIncBuA m TOCKS OF OCAL NTEREST Fidelity Contra American Funds CpWldGrIA m YTD American Funds IncAmerA m YTD Name Div Yld PE Last Chg%Chg Name Div Yld PE Last Chg %Chg Vanguard 500Inv AT&T Inc 1.68 6.2 12 27.03 +.40 -3.6 LeggPlat 1.08 5.6 16 19.17 +.06 -6.0 Vanguard InstIdxI American Funds InvCoAmA m Amazon ... ... 52 124.83 +1.04 -7.2 Lowes .44 2.2 16 20.28 -.18 -13.3 Dodge & Cox Stock ArvMerit ... ... ... 13.07 -.03 +16.9 Microsoft .52 2.2 6 23.47 -.18 -23.0 American Funds EurPacGrA m Dodge & Cox IntlStk BB&T Cp .60 2.7 21 22.12 +.25 -12.8 PPG 2.20 3.3 16 65.83 +.35 +12.5 American Funds WAMutInvA m BkofAm .04 .3 83 12.46 +.14 -17.3 ParkerHan 1.08 1.8 17 59.16 -.20 +9.8 PIMCO TotRetAdm b BerkHa A ... ... 14118675.00+1817.00+19.6 FrankTemp-Franklin Income A m Cisco ... ... 15 19.99 -.34 -16.5 ProgrssEn 2.48 5.8 14 42.91 +.17 +4.6 American Funds NewPerspA m RedHat ... ... 74 34.55 +.03 +11.8 Delhaize 2.02 3.0 ... 66.96 -.04 -12.7 American Funds FnInvA m Dell Inc ... ... 14 11.77 -.25 -18.0 RoyalBk g 2.00 ... ... 47.81 -.40 -10.7 Vanguard TotStIAdm DukeEngy .98 5.7 13 17.18 +.03 -.2 SaraLee .44 3.0 16 14.44 +.10 +18.6 American Funds BalA m Vanguard Welltn ExxonMbl 1.76 3.0 11 59.11 +.11 -13.3 SonicAut ... ... 8 8.81 -.03 -15.2 Vanguard 500Adml FamilyDlr .62 1.4 17 42.79 -.16 +53.8 SonocoP 1.12 3.6 16 31.45 +.24 +7.5 PIMCO TotRetA m American Funds BondA m FifthThird .04 .4 ... 11.04 +.19 +13.2 SpectraEn 1.00 4.9 14 20.34 -.16 -.8 Fidelity DivrIntl d FCtzBA 1.20 .7 7 167.97 -1.70 +2.4 SpeedM .40 3.0 23 13.32 +.06 -24.4 Vanguard TotIntl d GenElec .48 3.3 15 14.48 -.04 -4.3 .52 1.6 34 32.71 +.17 +38.0 Fidelity GrowCo GoldmanS 1.40 1.0 7 136.93 +.27 -18.9 Timken Vanguard InstPlus 1.88 2.9 22 63.80 -.14 +11.2 T Rowe Price EqtyInc Google ... ... 20 450.02 -2.67 -27.4 UPS B KrispKrm ... ... ... 3.96 +.06 +34.2 WalMart 1.21 2.4 13 50.14 -.41 -6.2 Hartford CapAprA m Pioneer PioneerA m Goldman Sachs ShDuGovA m Stock Footnotes: g = Dividends and earnings in Canadian dollars. h = Does not meet continued-listing standards. lf = Late filing with SEC. n = New in past 52 weeks. pf = Preferred. rs = Stock has undergone a reverse stock split of at least 50 Alliance Bernstein GrowIncA m percent within the past year. rt = Right to buy security at a specified price. s = Stock has split by at least 20 percent within the DWS-Scudder REstA m Hartford GrowthL m last year. un = Units. vj = In bankruptcy or receivership. wd = When distributed. wi = When issued. wt = Warrants.
S
Mutual Fund Footnotes: b = Fee covering market costs is paid from fund assets. d = Deferred sales charge, or redemption fee. f = front load (sales charges). m = Multiple fees are charged. NA = not available. p = previous day’s net asset value. s = fund split shares during the week. x = fund paid a distribution during the week.Gainers and Losers must be worth at least $2 to be listed in tables at left. Most Actives must be worth at least $1. Volume in hundreds of shares. Source: The Associated Press. Sales figures are unofficial.
Total Assets Obj ($Mlns) NAV
Total Return/Rank Pct Min Init 4-wk 12-mo 5-year Load Invt
CI 137,039 LB 63,566 LG 61,323 IH 55,373 LG 53,952 WS 51,442 MA 48,436 LB 46,968 LB 46,671 LB 45,460 LV 39,482 FB 36,776 FV 36,687 LV 36,140 CI 33,800 CA 31,232 WS 30,154 LB 29,724 LB 29,636 MA 29,359 MA 28,516 LB 28,336 CI 28,027 CI 27,718 FB 26,227 FB 26,161 LG 25,891 LB 25,529 LV 15,923 LB 8,668 LB 4,057 GS 1,455 LV 1,126 SR 486 LG 174
+1.5 +12.1/B -4.7 +5.7/B -4.4 +3.2/C -0.8 +6.3/C -2.8 +10.0/A -3.0 +2.5/D -1.0 +10.4/A -4.5 +4.8/B -4.5 +4.9/B -4.7 +2.6/D -6.0 +1.9/D -3.0 +2.5/B -3.8 +2.7/A -3.2 +7.1/A +1.5 +11.8/B -1.4 +13.6/A -3.2 +4.7/C -4.1 +5.7/B -4.7 +5.8/B -1.9 +7.6/B -2.2 +6.7/C -4.5 +4.9/B +1.4 +11.6/C +1.4 +11.4/C -3.7 -1.0/C -3.2 +1.9/B -3.3 +10.3/A -4.5 +4.9/B -4.9 +4.1/B -4.5 +3.3/C -5.0 +3.8/C +0.1 +2.6/D -3.8 +2.7/C -1.2 +33.6/B -6.2 +1.6/D
11.54 26.08 25.53 46.62 56.46 31.34 15.32 96.95 96.34 23.99 88.60 35.99 30.25 23.60 11.54 2.04 24.17 30.91 26.09 16.09 28.34 96.97 11.54 12.44 25.61 13.54 66.74 96.34 20.06 28.53 33.35 10.45 2.79 15.80 13.80
+8.0/A -0.5/B 0.0/B +3.0/C +2.4/A +3.4/A +2.6/A -1.0/C -0.9/C -0.4/B -3.1/D +4.6/A +2.9/A -0.8/B +7.7/A +3.5/B +3.6/A +1.5/A -0.4/B +1.7/B +3.8/A -0.9/C +7.5/A +3.5/E +0.4/C +2.8/B +3.0/A -0.9/C -0.5/B +1.0/A -0.6/B +4.9/B -3.0/D +1.3/B -1.7/D
NL 1,000,000 NL 3,000 5.75 250 5.75 250 NL 2,500 5.75 250 5.75 250 NL 3,000 NL 5,000,000 5.75 250 NL 2,500 5.75 250 NL 2,500 5.75 250 NL 1,000,000 4.25 1,000 5.75 250 5.75 250 NL 100,000 5.75 250 NL 10,000 NL 100,000 3.75 1,000 3.75 250 NL 2,500 NL 3,000 NL 2,500 NL200,000,000 NL 2,500 5.50 2,000 5.75 1,000 1.50 1,000 4.25 2,500 5.75 1,000 4.75 0
CA -Conservative Allocation, CI -Intermediate-Term Bond, ES -Europe Stock, FB -Foreign Large Blend, FG -Foreign LargeGrowth, FV -Foreign Large Value, IH -World Allocation, LB -Large Blend, LG -Large Growth, LV -Large Value, MA -Moderate Allocation, MB -Mid-Cap Blend, MV Mid-Cap Value, SH -Specialty-heath, WS -World Stock, Total Return: Chng in NAV with dividends reinvested. Rank: How fund performed vs. others with same objective: A is in top 20%, E in bottom 20%. Min Init Invt: Minimum $ needed to invest in fund. Source: Morningstar.
Stocks end difficult month with uptick
NEW YORK (AP) — The stock market ended its worst August since 2001 with meager gains Tuesday after minutes from the latest Federal Reserve meeting showed officials’ increasing concern about the economy. Stock indexes gave up most of their gains in midafternoon after the release of minutes from the Fed’s Aug. 10 meeting. Fed officials said during their discussions that they recognized that the economy might need further stimulus beyond the purchases of government debt the central bank announced that day. Some of the officials acknowledged that economy had softened more than they had anticipated. The Dow Jones industrial average ended with a gain of 5 points, having been up 64 following a reading on consumer confidence in August that came in stronger than expected. Stocks fell sharply for much of August after a series of reports suggested that the recovery has weakened. The S&P 500, the measure used most by stock market professionals, finished August with a loss of 4.7 percent. It was the S&P 500’s worst showing for the month since August 2001, when it lost 6.4 percent as the dot-com bubble collapsed. Year-to-date, the S&P 500 is down 5.9 percent. Some traders said there was disappointment that the Fed wasn’t pessimistic enough to consider quicker steps to stimulate that economy. Dan Cook at IG Markets, said the minutes gave a pic-
ture of a cautious and conservative Fed. While officials acknowledged the economy’s problems, they chose to take only small, initial steps. Traders who have hoped the Fed would be more aggressive to stimulate the economy soon aren’t so sure now that the central bank will act. “People are thinking maybe we need more of a downturn before the Fed will jump in,” Cook said. Unlike traders, he said, “the Fed moves like a glacier.” The Dow rose 4.99, or 0.05 percent, to close at 10,014.72. Broader indexes were mixed. The Standard & Poor’s 500 index edged up 0.41, or 0.04 percent, to 1,049.33. The Nasdaq composite index fell 5.94, or 0.3 percent, to 2,114.03. Other market indicators also had dismal performances in August, having surged ahead in July on a series of strong earnings reports. The Dow lost 4.3 percent in August, while the Nasdaq lost 6.2 percent. Rising stocks outpaced falling ones by about 4 to 3 on the New York Stock Exchange, where volume came to 1.4 billion shares. Volume has been very light in recent days, which can exaggerate movements. Treasury prices rose, sending their yields lower, as cautious investors put money back into bonds. The yield on the 10-year Treasury note, which helps set interest rates on mortgages and other kinds of loans, fell to 2.47 percent from 2.53 percent late Monday.
Associated Press
A concierge and a valet assist a shopper in loading purchases into her car at The Americana at Brand Mall Monday, Aug. 30, 2010, in Glendale, Calif. A private research group’s survey of Americans shows that consumer confidence improved slightly in August, but the mood is still gloomy amid job worries.
Consumer confidence is up NEW YORK (AP) — Americans’ confidence in the economy improved slightly in August, but the mood is still gloomy amid job worries, according to a monthly survey. The Conference Board said Tuesday that its Consumer Confidence Index now stands at 53.5, up from a revised 51.0 in July. Economists surveyed by Thomson Reuters had expected 50.5. The increase comes after two straight months of declines. It takes a reading of 90 or more to indicate a healthy economy — a level not reached since the recession began in December 2007. The index — which measures how Americans feel about business conditions, the job market and the next six months — had been recovering fitfully since hitting an all-time low of 25.3 in February 2009. But August’s reading suggests that American confidence hasn’t improved from a year ago, a bad sign for the economy and for retailers, which have been grappling with a weak start to the
back-to-school season. Economists watch confidence closely because consumer spending accounts for about 70 percent of U.S. economic activity and is critical to a strong rebound. But worries are rising the economy is growing too slowly to support sustained job growth, and some are concerned it could fall back into a recession. Meanwhile, a widely watched home price index reported that home prices rose in June for a third straight month as nowexpired tax credits inspired a burst of home buying. But prices are expected to fall through the rest of the year now that demand has faded. The slight improvement in August’s Consumer Confidence Index was boosted by shoppers’ improved outlook over the next six months. That gauge rose to 72.5 from 67.5. The other, which measures how consumers feel now about the economy, decreased to 24.9 from 26.4.
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