Video instructions and help with filling out and completing What Form 843 Markets

Instructions and Help about What Form 843 Markets

Merry Christmas from the New York Stock Exchange you're watching financial buzz weekly i'm elina babe and here's a review of this week's marquee news monday was a rollercoaster ride for the three benchmarks but US stocks managed closed slightly higher from a sharp sell-off last week trading volume was light as many investors took advantage of a holly week and there were no major economic reports in the US for Monday on Tuesday the final estimate of third quarter GDP showed the US economy grew at a two percent pace during a third quarter while personal consumption rose at a three percent pace existing home sales felt 10.5 percent to a much lower than expected rate of four point 76 million the Dow picked up triple digits helped by some stabilization in oil prices and recovery in hard-hit areas of the market this year on Wednesday stocks rallied and the Dow again posted triple-digit gains the rising construction is bringing supplying to the housing sector and helping to lift new home sales which rose 4.3 percent in November to erase of 490,000 personal spending rose points three percent in November and durable goods orders were flat both better than expected on Thursday jobless claims which had edged higher over the past few weeks are moving back down five thousand to a 267,000 markets closed early on Thursday for Christmas Eve and will be closed on friday for Christmas Day now let's take a look at some stocks shares of Nike hit record highs on Wednesday a day after the company delivered earnings that topped projections the fitness giant posted second-quarter earnings of 90 cents per share future orders jumped 20 percent excluding currency impacts blowing past the 14-point 1% estimate in a move that boosted the company earlier in december nike sign mba star lebron james to a lifetime deal the stock has climbed about 36 so far this year micron technology reported first-quarter revenue which fell twenty-seven percent 23 point 35 billion dollars as weak demand for personal computers continues to hurt the chip makers business micron stock slipped two percent in extended trading falling the forecast some Edison plunged and the incredible thirty-one percent on Tuesday the first stage of Sun Edison's collapse had to do with its acquisition binge it acquired Vivint solar for 2.2 billion dollars which got investors worried about funding now a hedge fund is accusing SunEdison of pressuring its yield coast to overpay for assets SunEdison has eleven point seven billion dollars in debt and needs billions more to fund the projects it's building over the next few years steelcase reported earnings on monday and the results were not what investors were looking for the company's revenues slit one-point-six percent year-over-year steel case is very active internationally the company is trying to reinvent its business model and redefine the company's sales strategy in the European market thanks for watching financial buzz weekly i'm elina babe happy holidays and we'll see you again next week you