This is Bill Roller of BR Capital with the KUIK Closing Market Report for Thursday, June, 28 |
Markets ended down slightly today. |
|
Direction |
Change |
Units |
|
|
|
|
Dow |
Up |
(25) |
points |
12,602 |
2:42 PM |
|
|
S&P500 |
Up |
-0.21% |
percent |
1,329 |
|
|
|
Nasdaq Composite |
Up |
-0.90% |
percent |
2,849 |
|
|
|
30 Year Treasury |
Up |
(3) |
basis points |
2.67 |
|
|
|
Nike tumbled after fourth-quarter profit unexpectedly declined for the first time since 2009 as marketing and labor costs increased. Net income in the quarter ended May 31 declined 7.6 percent to $549 million, or $1.17 a share, that’s the first drop since the November 2009 quarter. Analysts projected $1.37 a share, |
European Union leaders approved a 120 billion-euro ($149 billion) plan to promote growth in the 27-nation bloc that includes a capital boost for the European Investment Bank. |
Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.bloomberg.com/news/2012-06-28/nike-profit-trails-estimates-on-increasing-costs.html |
http://www.bloomberg.com/news/2012-06-28/eu-approves-jobs-growth-plan-with-10-billion-euro-eib-boost.html |
For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |
Short Link> |
|