S&P 500 Closes Lower for a Third Session; Dow Ekes Out Gain
Garmin Ltd
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The "Earnings Squad" dissect the earnings stories investors may have missed. Today, a look at Clorox's miss; Hyatt's plunge; and Garmin's decline, with CNBC's Melissa Lee, Herb Greenberg, and Josh Lipton.
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Feb 20- Garmin Ltd said it expects to sell fewer GPS-enabled navigation devices in 2013 and forecast full-year results below analysts' estimates, sending its shares down 12 percent to their lowest in more than a year.
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Stocks posted a modest gain in thin, volatile trading Thursday ahead of the jobs report, while worries over the looming "fiscal cliff" continued to linger.
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*Starbucks, H&R Block buoy consumer discretionary names. *Dow up 0.3 pct, S&P 500 up 0.3 pct, Nasdaq up 0.5 pct. "Right now we're just drifting, waiting to learn about the cliff and jobs," said Donald Selkin, chief market strategist at National Securities in New York. "
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*Apple's stock up 1.4 pct, one day after worst drop since 2008. NEW YORK, Dec 6- U.S. stocks drifted near the unchanged mark on Thursday as investors postponed big bets before the November employment report on Friday, but technology stocks rose on gains in Apple and Broadcom.
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*Apple ranking drops to No.6 in China smartphone market. NEW YORK, Dec 6- U.S. stocks were little changed in choppy morning trading on Thursday as upbeat guidance from Broadcom partially offset weakness in Apple shares, while traders kept an eye on fiscal negotiations in Washington.
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*Apple ranking drops to No.6 in China smartphone market. NEW YORK, Dec 6- Wall Street was set to slightly dip at the open on Thursday in what could be another choppy session as the progress of fiscal negotiations in Washington continues to determine the market's fate.
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*Apple's stock up 2 pct on day after worst drop since 2008. *Apple's rank drops to No. 6 in China's smartphone market.
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Once considered an also-ran version of Garmin, how did this GPS maker manage such an incredible Lazarus-like return from the dead?
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Although it's not flawless or as good as Google's maps app on Android phones, Apple's new offering on the iPhone got me where I needed to go _ for the most part. I've used Google's Android app since it was released three years ago.
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Here’s a look at five high-yield stocks that could be about to increase their dividend payments in the next quarter.
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The “Mad Money” host offers his earnings expectations for Time Warner, CVS Caremark, Garmin, Allergan and Clorox.
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Here’s what “Mad Money” host Jim Cramer expects of select earnings in the days to come.
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Mad Money's Jim Cramer tracks down Garmin's recent rally to find out what moved the stock 52% higher in the past 5 months. "When you understand how Garmin diversified beyond cars, you can see why the stock's terrific rally actually makes sense", he says.
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If you want to find the next name that may spike, follow this advice.
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With the European debt crisis stretching on for two years, JP Morgan recommends that investors avoid the shares of U.S. companies that derive above-average levels of revenue on the Old Continent.
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A look at how the government's push to ban technology in cars will impact the company's bottom line, with Kevin Rauckman, Garmin CFO.
