Fox Business - The Power to Prosper
Search Site

A. Schulman

Market Wrap for Tuesday, July 2: Stocks Close Near Unchanged Mark in Quiet Session

The U.S. stock market recorded small losses on Tuesday after Goldman Sachs cut its growth forecast for second-quarter GDP by one-tenth to 1.7 percent.The market also encountered some profit taking after a series of rallies in recent days. Although the Dow Jones Industrial Average fell 42 points, the broader S&P 500 finished the day down only 0.05 percent.Major AveragesThe Dow Jones Industrial Average fell a little more than 42 points, or 0.28 percent, to close at 14,932.The S&P 500 lost around 1 point, or 0.05 percent, to 1,614.The Nasdaq fell roughly 1 point, or 0.03 percent, to close at 3,433.Factory OrdersManufacturing orders rose 2.1 percent for the month of May compared to a gain of 1.3 percent in April. This compared to consensus estimates that expected factory orders to increase 2.0 percent.CommoditiesEnergy prices rose on Tuesday despite a decline in stock prices. At last check, NYMEX crude futures were up 1.53 percent to $99.49. Brent crude futures added 0.93 percent to $103.9...

Read More

  1. Ferro offloading assets after rebuffing A . Schulman's buyout offer

    Chemical maker Ferro Corp said it is offloading assets that cannot generate sufficient returns, a day after it rejected A. Schulman Inc's $563 million buyout offer.T...

  2. Analysis: U.S. manufacturers turn to Russia, with love

    American manufacturing companies are marching on Moscow.At a time when tepid growth at home, a slowing Chinese economy and recession in much of Western Europe is dog...

  3. Basic Materials Sector Wrap

    During trading today, both the Basic Materials sector (XLB) and the S&P500 showed little movement.Ball (NYSE:BLL) rose 0.7% to close at $40.78, cross its 50-day movi...

  4. A . Schulman Jumps 5% In After-hours Trading

    Shares of A. Schulman jumped 5% in after-hours trading Monday after the plastics manufacturer said that despite reporting lower quarterly earnings, it planned to sti...

  5. Where Money Goes to Die

    A lot of businesses want to attract "old money."Ford is no exception – only it's more interested in the shredded-up variety than in the kind that belongs to a fancy ...

  6. A . Schulman 4Q Profit Tops Views

    As part of a company-wide overhaul, Schulman (NASDAQ:SHLM) reported Monday stronger-than-expected fourth-quarter earnings from a year-ago loss, driven largely by its...

Freebase CC-BY
Source: A. Schulman on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL