Fresh Market shares jump 14% on outlook
SAN FRANCISCO (MarketWatch) -- Fresh Market shares popped 14% to $55.95 late Wednesday morning after the high-end grocer raised its fiscal 2012 targets. Fresh Market said comparable store sales will grow 4.5% to 6.5%, while earnings will be $1.28 to $1.34 a share. The grocer said operating margins will expand 20 to 40 basis points. During the...
Energy, mining stocks weigh on Canadian market
SAN FRANCISCO (MarketWatch) -- Canadian stocks fell Wednesday dragged down by energy and mining stocks as gold and oil prices declined. The S&P/TSX Composite Index fell 1.3% to 11,460 with the S&P/TSX Capped Energy Index down 3.2% and the S&P/TSX Capped Diversified Metals and Mining Index down 2.5%. Suncor Energy Inc. shares fell 2.8%,...
Home builder stocks drop on pending sales data
SAN FRANCISCO (MarketWatch) -- Home builder stocks dropped Wednesday after a report that pending home sales fell for the first time in four months. The iShares Dow Jones U.S. Home Construction Index Fund fell 4.2% after the National Association of Realtors said pending home sales for April fell to 95.5 from a downwardly revised 101.1 in March....
Gold futures pare losses, top $1,550
SAN FRANCISCO (MarketWatch) -- Gold futures pared losses Wednesday, briefly trading in positive territory as they rebounded from a low near $1,532 an ounce. Gold for August delivery fell 90 cents, or 0.1%, to trade at $1,550.10 an ounce on the Comex division of the New York Mercantile Exchange. Prices had earlier touched a low of $1,532.10,...
CBOE volatility index up 11%, most since April 13
SAN FRANCISCO (MarketWatch) -- The CBOE Market Volatility Index jumped on Wednesday as U.S. stocks retreated on a combination of weak economic data at home and unrelenting problems in Europe. The Vix, the so-called fear gauge, climbed 11% to 23.29, the biggest rise since it surged 14% on April 13. An index of pending home sales fell for the first...
Read more: CBOE volatility index up 11%, most since April 13




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