1/31/2013 – Here is today’s summary of U.S. financial market activities.

Stock Market Headline

Stocks ended slightly lower today, one day after the U.S. Department of Commerce reported surprising news that Q4 GDP had declined by 0.1% – its first decline in three years. Price of Crude Oil fell 0.53 to 97.41. Gold was also down 17 points to 1664.6

Market Update

All three major indexes had risen earlier in the day, only to give up gains in the wake of lower than expected corporate earnings and a rise in jobless claims.

Tomorrow: The Bureau of Labor Statistics will report Nonfarm Payroll figures – 8:30 am Eastern Time, along with the Unemployment rate. The Nonfarm Payroll market consensus forecast is 170,000. Construction spending and ISM numbers will be reported at 10 am

Most Active Stocks – Top Losers by Percentage (Across NYSE & NASDAQ)

Most Active Stocks – Top Losers By Percentage (NYSE & NASDAQ) - 1.31

  • Shares of Liquidity Services fell today. At the end of trading, the stock was down 22.40%. LQDT reported quarterly revenue numbers that missed stock analysts’ consensus. Analysts were expecting 1st quarter revenue of $130.7 million versus the $122.2 million that was announced.
  • Constellation Brands was the next biggest loser with its stock pricing dropping -17.39% today. As reported by BusinessInsider the U.S. DOJ "is suing to block global beverage giant InBev's proposed purchase of Grupo Modelo – the Mexican brewer that has a joint venture with Constellation Brands to import Corona to the United States – on antitrust grounds"

Most Active Stocks – Top Gainers by Percentage (NYSE & NASDAQ)
Most Active Stocks – Top Gainers By Percentage (NYSE & NASDAQ) - 1.31

  • Before markets opened today, shares of Online Resources (ORCC) were already up over 80% in premarket trading based on news that ACI Worldwide had entered into an acquisition agreement to acquire the firm.
  • WMS Industries was the next highest gainer. The stock jumped 51.19% on news that Scientific Games was looking to acquire the firm for $1.5 billion.


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