Stock Market

Stocks End Higher as Investors Celebrate Job Growth

Stock quotes in this article:^DJI, ^GSPC, ^IXIC 

Tyson Foods (TSN) reported stronger-than-expected fiscal first-quarter earnings as pork sales jumped 11.2%. The meat and chicken processor said it earned 42 cents a share on revenue of $8.3 billion in its fiscal first quarter. Analysts expected to see earnings of 33 cents a share on revenue of $8.3 billion, according to Thomson Reuters. Earnings on a per share basis fell from 78 cents a share in the prior year as sales climbed 9.4% from $7.6 billion. The shares finished 4.1% higher at $19.38.

Weyerhaeuser(WY) reported better-than-expected fourth-quarter earnings Friday despite reporting income that fell 62% as the company recorded restructuring charges and write-downs. The forest products company said it earned 12 cents a share on revenue of $1.62 billion, compared to profit of 32 cents a share a year earlier. Analysts polled by Thomson Reuters expected the company to post fourth-quarter earnings of 6 cents a share on revenue of $1.59 billion. Shares gained 5.8% to $21.30.

Acme Packet(APKT), the maker of networking software and equipment, posted fourth-quarter earnings below analysts' forecasts. Acme Packet posted non-GAAP earnings of $18.3 million, or 26 cents a share, on revenue of $83 million. Analysts were expecting profit of 28 cents a share on revenue of $85.2 million. Shares rebounded 9.1% to $33.69.

Take-Two Interactive Software(TTWO), the videogame maker, posted fiscal third-quarter adjusted earnings of 27 cents a share. Analysts were expecting earnings of 23 cents. Take-Two said a delay for its "Max Payne 3" game, and other issues, will lead to a fourth-quarter adjusted loss of 50 cents to 65 cents a share on revenue of $112 million to $162 million. Analysts forecast a loss of 11 cents on revenue of $185 million. The shares added 3.1% to $16.20.

March oil futures settled up $1.48 at $97.84 a barrel, while April gold futures finished $19 lower at $1740.30 an ounce.

The dollar index was fell 0.03%. The benchmark 10-year Treasury was sank 31/32, pushing the yield to 1.933%.

-- Written by Andrea Tse, Chao Deng and Kaitlyn Kiernan in New York.

>To contact the writer of this article, click here: Chao Deng or Kaitlyn Kiernan

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Dow Jones S&P 500 NASDAQ 10-Year Note
12,454.83 1,317.82 2,837.53 17.45
Oil *
107.26
DOWN
74.92
DOWN
2.86
DOWN
1.85
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0.14
10 Yr
1.74%
SPDR Gold
152.68
-0.60%
-0.22%
-0.07%
-0.80%
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