This is Bill Roller of BR Capital with the KUIK Closing Market Ā Report for Monday, April, 2 |
The week Ā started with an up day. |
|
|
|
|
Direction |
Change |
Units |
0 |
Dow |
Up |
52.45 |
points |
13264.5 |
S&P500 |
Up |
0.75% |
percent |
1419.04 |
Nasdaq Composite |
Up |
0.91% |
percent |
3119.7 |
30 Year Treasury |
Down |
Ā Ā Ā Ā Ā Ā Ā (0.70) |
basis points |
3.338 |
Groupon shares were up 1.5% to $15.50 in modest volume in after Ā hours trading. The shares finished the regular session down 17% after the Ā daily-deals company late Friday said problems were found in the way it Ā reserved for customer refunds, resulting in lower revenue and earnings for Ā the quarter. Sales for the period was cut by $14.3 million and net income was Ā reduced by $22.6 million, or 4 cents a share. Grouponās auditor attached a Ā āmaterial weaknessā warning to Grouponās annual report because of the issue, Ā and two brokers downgraded Grouponās shares. |
Always Ā serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK.Closing Market Report for April 2, 2012 |