Thursday the markets had another nice day as the buyers dominated all day. The Dow 30 was up 159 (0.92%), the S&P 500 gained 13 (0.66%) and the Nasdaq 100 added 11 (0.23%). Transports stood out with an impressive 2.9% gain.In the news today:
The end of Shamu: Shares of SeaWorld Entertainment (SEAS ) got a 9.40% pop today as the company announced that it plans to stop breeding orcas at its theme parks. The change will be phased in over the next few years.
Earnings miss: Shares of Williams-Sonoma (WSM ) were under pressure (-6.22%) after the retailer reported lower-than-expected quarterly earnings. Williams-Sonoma posted earnings per share of $1.55 on revenue of $1.59 billion, and announced a $500 million share buyback.
Earnings Beat: FedEx (FDX ), the global package delivery giant topped analysts' earnings expectations in the fiscal third quarter. FedEx reported adjusted earnings per share of $2.51 on revenue of $12.7 billion. Shares closed at new 2016 highs, up a whopping 11.83%.
Dividend Hunters: Today Intel (INTC ) declared a quarterly dividend of $0.26 per share and will be payable on June 1, 2016 to stockholders on record of May 7, 2016. The stock gained 0.92% today and remains in a strong, short term up trend.
