Stock Market Today

Stock Market Spotlight - Collective Brands (PSS) DSW (DSW) and El Paso Corp (EP)

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(Best Syndication News) Stock markets around the world were mostly higher but declined in the United States (see stock charts below). Collective Brands disappoints while DSW beats expectations.

Collective Brands Inc. (NYSE:PSS), the operator of Payless Shoes, released their earnings statement today. The company said they had net earnings of $26.4 million, or $0.42 per share for their first quarter 2011. Analysts had projected 82 cents per share.

The share price was up 0.27 (1.49%) to $18.37. PSS made their announcement after the market closed, and in after hours the share price fell 2.40 (-13.06%) to $15.97. The company has a market cap of $1.13 billion and a beta of 1.40.

Stock Market Today – Investors Spooked by bad economic news - MCD only Dow gainer

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(Best Syndication News) Stocks were lower today in Asia and Europe, but continued to fall in America on bad economic news (see charts below).

World Markets

Markets in Asia are opening lower again on Tuesday after a discouraging run on Monday. The Brazil Bovespa stock index hit a 100-day low on Monday; while markets in North America were either lower or closed for the day (see world market charts below).

The HSBC flash Manufacturing Purchasing Managers' Index (PMI) found that manufacturing has slowed in China. “The flash Manufacturing PMI reading remained flat in April, confirming that manufacturing sector growth has stabilized at a steady pace”, the report stated. New orders and employment were expanding at a faster rate but output and backlogs were slowing.

Campbell Soup (SPB) Tech Data (TECD) and Krispy Kreme Doughnuts (KKD) Earnings Release Today

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(Best Syndication News) Several companies will be releasing their quarterly results Monday, including Campbell Soup, Tech Data, Krispy Kreme and GT Solar (see comparison chart below).

Campbell Soup Company (NYSE:CPB) closed Friday at $35.24, down 0.10 (-0.28%). The company will release their Q3 2011 Earnings Report at 9:30AM EDT. Their chief competitor, H.J. Heinz Company (NYSE:HNZ), was up 4 cents (+0.07%) to $53.89 on Friday.

The Wall Street earnings estimate is 53 cents (EPS). The Street expects 52 cents.

Stock Market Today – Alcoa AA and Linkedin LNKD Spotlight

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(Best Syndication News) Most stock markets around the world were lower Friday with several exceptions (see charts below). The Hang Seng, the Bombay, Brazil and Canadian stock exchanges advanced.

The big news for the week was LINKEDIN CORP COM (NYSE:LNKD). The online professional network designed to help members find jobs and connect with other professionals, opened their initial public offering (IPO) at $45 per share. The share price on Thursday hit a high of $122.70 but closed at $94.25. Not a bad opening volley.

Stock Market Today – Share Price for American Express AXP and McDonalds MCD higher

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(Best Syndication News) Stock prices were generally higher today with most sectors gaining (see stock charts below). The consumer staples sector hit a 100-day high today.

All three major indexes were higher in the United States (see world market chart below). Of the world markets we monitory, only the Nikkei 225, the Shanghai composite and Brazilian Bovespa stock indexes were lower.

Dow Jones

The Dow Jones Industrial Average jumped 45.14 points (+0.36%) to 12,605.32. The range was below the 100-day average and the volume was 6.45 percent below average. For that reason, our volatility indexes were both low.

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