EmailMixed action among energy, financial, and tech stocks, which are frequent
drivers of broad market action, left the major equity averages to settle the
trading day in underwhelming fashion after some early buying gave stocks a solid
start to the session.
After the close, CASY is the most notable name scheduled to report earnings
results.
In corporate news, ANGO lowered fourth quarter revenue guidance to approx. $56.4
million versus the $59.3 million Capital IQ Consensus Estimate, down from its
prior expectations of $57.5 million to $60.5 million. For its fiscal year 2011,
the company expects revenue of $216 million versus the $219.2 million consensus.
for the fourth quarter, the company sees earnings of $0.10 to $0.11, excluding
charges, versus $0.14 consensus.
Futures are higher after hours: S&P 500 futures are +0.89 from fair value of 1266.11 and Nasdaq100 futures +1.56 from fair value of 2218.64.
Tomorrow morning before the open, two economic reports are scheduled to be released: Retail sales (Consensus -0.7%) and Retail sales ex-auto (Consensus 0.2%) and 2) PPI (Consensus 0.1%) and Core PPI (Consensus 0.2%).
Tomorrow before the open look for the following companies to report: BBY, and FDS.
