Dow Jones Today, Aug. 21, 2014: U.S. stocks rose on positive data Thursday to kick off the third quarter. American home resales hit a 10-month high last month, while jobless claims slipped again last week by another 14,000 to 298,000. The S&P 500 Index struck its 28th record high this year, ticking closer to the 2,000 level.
- Dow Jones Today Shatters 17,000; EBAY, AZN, S Among Day's Big Gainers
- DJIA Today Logs 91-Point Gain, AMZN and CSIQ Soar, SEAS Tanks
- AT&T (NYSE: T) Stock Down After Earnings Miss Today; More Challenges Remain
- Four Bullish Catalysts Driving Microsoft (Nasdaq: MSFT) Stock After Earnings Release
DJIA Today, Aug. 13, 2014: U.S. stocks rallied broadly Wednesday with weakening consumer spending largely ignored as investors grew more confident over a peaceful resolution in Ukraine. The S&P 500 Index saw a strong afternoon of trading, with all 10 of the sector indexes in the green. The index is now roughly 2% below its all-time high registered back in July.
AT&T Inc. (NYSE: T) stock was down 1.5% in after-hours trading today (Wednesday) after the company reported earnings per share (EPS), excluding significant items, of $0.62 on consolidated revenue of $32.6 billion. Both those figures missed consensus estimates, which projected EPS of $0.63 on $33.2 billion in revenue.
Second-quarter EPS was down from the year-ago period when the company reported $0.67. Revenue was up slightly from last year's total of $32.08.
Microsoft Corp. (Nasdaq: MSFT) stock was flat in after-hours trading Tuesday after the company reported earnings per share (EPS) of $0.55 and revenue of $23.38 billion.
Revenue beat expectations of $23 billion, but EPS missed analysts' estimates of $0.60 for the quarter. However, Microsoft attributed the earnings miss to its acquisition of Nokia Corp. (NYSE ADR: NOK), which the company said accounted for a loss of $0.08 per share.