NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Shares of the discount retailer fell, even as it reported a second-quarter profit that beat Wall Street expectations.
*Trading volumes light ahead of Labor Day holiday. NEW YORK, Aug 29- U.S. stocks closed out a strong month on a quiet note on Friday, with the S&P 500 posting a modest gain to close at a new record as the latest positive data helped extend a rally that had been briefly threatened by overseas concerns.
NEW YORK, Aug 29- U.S. stocks edged higher in a quiet session on Friday as the latest in a string of positive data pushed investors to extend a rally that had been briefly threatened by overseas concerns, although gains were capped ahead of an extended holiday weekend.
United Therapeutics Corp. rose 27.3 percent to $116.69. Digital Ally Inc. rose 19.0 percent to $18.67. Splunk Inc. rose 18.6 percent to $53.71.
Apple Inc. rose. 2 percent to $102.50 with 40,277,500 shares traded. Cisco Systems Inc. rose. 6 percent to $24.99 with 16,881,100 shares traded. Digital Ally Inc. rose 19.0 percent to $18.66 with 15,385,600 shares traded.
NEW YORK, Aug 29- U.S. stocks were slightly lower on Friday, with investors finding few reasons to extend a long-running rally, even as the latest economic data joined the trend of better-than-expected reports on the economy.
For most of August, stocks have managed to shake off geopolitical conflicts from Ukraine to Gaza and Iraq. "The market has a good underlying tone," said Mike Levine, portfolio manager of Oppenheimer Equity Income Fund. Even in a quiet day of trading ahead of the Labor Day holiday, stocks eked out a gain.
Aug 28- Data analytics software maker Splunk Inc reported a 52 percent rise in quarterly revenue as it added more customers and the company raised its full-year revenue forecast, sending its shares up 10 percent in extended trading.
SAN FRANCISCO— Splunk Inc. on Thursday reported a loss of $60.8 million in its fiscal second quarter, but the data management software developer raised its estimates for the year, sending its stock up in late trading. Analysts expected $94.1 million, according to Zacks.
Aug 28- Data analytics software maker Splunk Inc reported a 52 percent rise in quarterly revenue as it added more customers. However, net loss attributable to Splunk widened to $60.8 million, or 51 cents per share, in the quarter from $13.7 million, or 13 cents per share, a year earlier. Revenue rose to $101.5 million from $66.9 million.
Jim Cramer has been cautious of tech IPOs lately. But every rule has an exception.
If you’re an individual investor putting money to work in the technology sector, Jim Cramer says there’s something you should know.
At the "soul" of the stock market lies a battle between old and new technology companies, CNBC' Jim Cramer said Friday.
*Big Lots shares jump after results. NEW YORK, May 30- U.S. stocks were set to open slightly lower on the last trading session of the month on Friday, following another record close for the S&P 500 a day earlier, as data showed consumer spending fell for the first time in a year in April.
NEW YORK, May 30- U.S. stock index futures dipped on Friday following another record close for the S&P 500 a day earlier as traders dismissed a contraction in the economy in the first quarter. *Data on personal consumption and income for April is due at 8:30 a.m. EDT while May's Chicago purchase managers index is expected shortly after the market opens.
Some of the names on the move ahead of the open.
*Expects 2nd- qtr revenue $92- $94 mln vs est $91.6 mln. May 29- Data analytics software maker Splunk Inc posted a bigger quarterly loss as the company spent more on hiring and product development, sending its shares down 9 percent in extended trading.
Companies making headlines after the bell Thursday: Annie's, Express, Splunk & more
May 29- Data analytics software maker Splunk Inc posted a bigger quarterly loss as expenses nearly doubled, sending its shares down 7 percent in extended trading. The company's net loss widened to $50.8 million, or 43 cents per share, in the quarter ended April 30 from $16.1 million, or 16 cents per share, a year earlier. Revenue jumped 50 percent to $85.9 million.
Just because next week is a short week, doesn’t mean Jim Cramer intends to rest. Quite the opposite.