The KUIK Closing Market Report for Thursday, February 12: |
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Markets were up. |
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Direction |
Change |
Units |
Last |
Time |
Change |
|
Dow |
Up |
110 |
points |
17,972 |
2:21 PM |
|
|
S&P500 |
Up |
1.0% |
percent |
2,088 |
|
19.95 |
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Nasdaq Composite |
Up |
1.2% |
percent |
4,858 |
|
56.64 |
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30 Year Treasury |
Up |
1 |
Basis Points |
2.57 |
Annual Yield |
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|
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Columbia Sportswear said its fourth-quarter earnings rose 51% on continued revenue growth, which received a boost from its acquisition of the prAna brand. The Portland apparel and footwear company’s shares rose 4.3% to $45.45 in after-hours trading. Both results and the company’s first-quarter earnings guidance beat expectations. Columbia’s board also authorized the repurchase of an additional $200 million of the company’s shares, bringing its total buyback program to $243.6 million. |
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Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
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http://www.marketwatch.com/story/columbia-sportswear-profit-rises-51-2015-02-12-174851131 |
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For today’s Closing Market Report click to listen-> |
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