News Summary

US Energy stocks rose, along with the wider equity markets. The NYSE Arca Oil Index (XOI) gained about 0.28%, while the NYSE Arca Natural Gas Index (XNG) rose about 0.32%. The Philadelphia Oil Service Index (OSX) moved up about 3.12%. Shares of Kroger Co KR lost about 8% after the company swung to a Q3 profit of $0.32 per share, from a loss of $1.35 per share, in the year-ago quarter. The company's sales came in at $18.7 billion. However, analysts estimated earnings at $0.32 per share, on revenue of $18.5 billion. The company projects 2010 earnings of $1.65 per share to $1.78 per share. However, analysts expect 2010 earnings at $1.78 per share. Shares of Kohl's Corp KSS dropped about % after the company reported 6.1% rise in its November same-store sales. The company's total sales during the month increased 8.1%. However, analysts were expecting the company's same-store sales to increase 2.8%. Read more from Benzinga's Markets.
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Posted In: EarningsNewsRetail SalesIntraday UpdateMarketsConsumer DiscretionaryConsumer StaplesDepartment StoresFood RetailNews Summary
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