Stocks in Motion: Cabelas
Arbitron(ARB Quote) fell after the company lowered its 2004 financial outlook. Citing its inability to renegotiate a new contract with Infinity Broadcasting, Arbitron said that it expected to report $12 million less in annual revenue. Arbitron also said that it expects to report earnings of $1.53 to $1.57 a share. Analysts had expected Arbitron to earn $1.76 during 2004. Shares of Arbitron traded down $2.92, or 7.4%, to $36.75.
NYSE volume leaders included General Electric(GE Quote), down $1.09 to $32.18; Lucent(LU Quote), up 13 cents to $3.80; Pfizer(PFE Quote), down 99 cents to $33.82; Motorola(MOT Quote), unchanged at $18.28; Exxon Mobil (XOM Quote), down $1.02 to $44.25. Nasdaq volume leaders included Oracle(ORCL Quote), up 30 cents to $11.80; Microsoft (MSFT Quote), up 18 cents to $28.57; Intel(INTC Quote), down 17 cents to $27.78; Cisco (CSCO Quote), down 25 cents to $23.85; Taser International(TASR Quote), up $6.67 to $42.09.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,297.91 | 1,089.67 | 2,131.51 | 32.05 |
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