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 Deliver Election Day Rally

Gold for December delivery rose $31.80 to settle at $1,715 an ounce at the Comex division of the New York Mercantile Exchange, while December crude oil contracts settled up $3.06 at $88.71 a barrel.

The benchmark 10-year Treasury fell 18/32, pushing the yield up to 1.753%. The dollar was down 0.15%, according to the U.S. dollar index .

In corporate news, shares of Marsh & McLennan (MMC) rose 2% after the company posted better-than-expected third-quarter earnings, thanks to strength in its insurance and consulting businesses.

Fertilizer producer CF Industries (CF) topped Wall Street's consensus view in its latest quarter as profit margins improved. The company also forecast a positive operating environment for the remainder of 2012 and into 2013 amid expectations of high 2013 corn plantings, strong domestic fertilizer demand and favorable natural gas costs. The stock tacked on less than 1%.

Fossil (FOSL - Get Report) shares sank 10.5% after the fashion accessories company missed third-quarter top line expectations and cut its current-quarter sales growth guidance amid softness at its European wholesale business.

Shares of weight loss products provider Medifast (MED - Get Report) gained 8.5% after the company booked higher-than-expected third-quarter results and full-year guidance.

Shares of AOL (AOL) popped 22% after the Web content company booked stronger-than-anticipated third-quarter earnings, helped by the most robust growth in advertising in seven years.

Express Scripts (ESRX) shares plunged 12.3% after the pharmacy benefit manager reported Monday a 20% increase in third-quarter profit but warned that 2013 could bring a weaker business climate.

Zillow (Z) , the real estate information company, on Monday gave a soft revenue outlook for the final quarter of 2012. The stock lost 18%.

Shares of NYSE Euronext (NYX) fell more than 5% after the company reported a 21% drop in third-quarter revenue declined to $559 million amid weaker trading in the U.S. and Europe. Net income fell 42% year-over-year.

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

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

2 of 2

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
FOSL $34.05 -1.65%
MED $28.30 1.47%
AAPL $95.01 1.05%
FB $99.75 -4.15%
GOOG $682.74 -0.12%


Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs