This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stocks Finish Lower After Google's Earnings Leak

November crude oil futures closed down 2 cents at $92.10 a barrel. December gold futures settled down $8.30 at $1,744.70 an ounce.

The benchmark 10-year Treasury dipped 3/32, raising the yield to 1.834%. The greenback rose 0.37%, according to the dollar index.

In corporate news, Morgan Stanley (MS) beat estimates for the third quarter, helped by higher fixed income trading revenue. The stock fell 3.8%.

Shares of Philip Morris International (PM) lost 4.2% after the tobacco company reported lower-than-expected third-quarter earnings and sales, and provided a disappointing full-year profit outlook.

Southwest Airlines (LUV) swung to a profit in the third quarter from a year-earlier loss and topped earnings estimates. Revenue was little changed as average ticket prices fell amid lower demand last month. The stock edged up 0.34%.

Shares of eBay (EBAY) jumped more than 5% after the online auctioneer missed on the top line in its latest quarter and gave a mixed fourth-quarter outlook. The company did beat earnings per share estimates by a penny, and several brokerages raised their price target on the stock on Thursday.

Mellanox Technologies (MLNX) was a big loser after the company gave weak revenue guidance, saying it expects revenue between $145 and $150 million, well below the consensus estimate of $157 million. Shares plunged 20.5%.

Online movie services company Netflix (NFLX) announced that it has launched in Sweden, Denmark, Norway and Finland. The stock dipped less than 2%.

Sprint Nextel (S) revealed it's adding to its stake in Clearwire (CLWR) by buying out the founder of the troubled wireless network operator. Clearwire shares tumbled 10.2% and Sprint shares climbed 0.87%.

--Written by Andrea Tse and Joe Deaux in New York.

>To contact the writer of this article, click here: Andrea Tse.
3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
GOOG $683.57 -3.45%
MSFT $50.16 -3.54%
AAPL $94.02 -2.67%
FB $104.07 -5.81%
TSLA $162.60 -7.26%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs