Top Headline
The Wendy's Co WEN reported better-than-expected third-quarter adjusted earnings.
Its revenue climbed to $640.8 million from $636.3 million. However, analysts were projecting earnings of $0.06 per share on revenue of $640 million. Wendy's lifted its full-year earnings view to $0.25 per share.
Equities Trading UPHomeAway AWAY shot up 18.62 percent to $34.51 after the company reported a 63 percent rise in its Q3 profit. Raymond James upgraded the stock from Outperform to Strong Buy.
Shares of American Eagle Outfitters AEO got a boost, shooting up 8.33 percent to $15.87 after the company updated its Q3 earnings forecast. Brean Capital upgraded the stock from Hold to Buy.
RDA Microelectronics RDA was also up, gaining 11.12 percent to $17.28 after the company announced the receipt of $18.00/ADS acquisition proposal from Tsinghua Unigroup.Equities Trading DOWN
Shares of Nationstar Mortgage Holdings NSM were down 17.33 percent to $40.69 after the company reported Q3 results. Stonegate Mortgage announced its plans to acquire Nationstar's wholesale lending channel.
The Wendy's Company WEN was down, falling 9.57 percent to $8.22 on Q3 results.
CommoditiesIn commodity news, oil traded down 0.57 percent to $94.26, while gold traded down 0.76 percent to $1,307.80.
Silver traded down 0.79 percent Thursday to $21.60, while copper rose 0.08 percent to $3.24.
EurozoneEuropean shares were higher today. The Spanish Ibex Index rose 0.77 percent, while Italy's FTSE MIB Index climbed 0.21 percent. Meanwhile, the German DAX gained 1.24 percent and the French CAC 40 surged 0.99 percent while U.K. shares rose 0.14 percent.
Economics
US jobless claims declined by 9,000 to 336,000 in the week ending November 2. However, economists were projecting claims to drop to 335,000.
The Bloomberg Consumer Comfort Index fell to minus 37.9 in the week ending November 3, versus minus 37.6.
The Treasury is set to auction 3-and 6-month bills.Data on consumer credit for September will be released at 3:00 p.m. ET, while money supply data will be released at 4:30 p.m. ET.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.