The Online Investor
OLI Premium
Retiree Portfolio
Stock Option Ideas
Preferred Stock List
Weekly Market Wrap: September 19, 2014
The Online Investor - Fri., Sep. 19, 3:15 PM

The thirty eighth trading week of 2014 comes to a close with the S&P 500 and NASDAQ lower and the Dow Jones slightly higher in early afternoon trading today.

Most actively traded stocks include the Alibaba (BABA) IPO, higher by 33%, Yahoo! (YHOO) lower by 4.35%, Rite Aid (RAD) down 1.94%, and Oracle (ORCL) lower by 4.65%.

Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for September 19, 2014.

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite are all higher for the week.

Crude oil futures are lower this week, trading at $92.10 per barrel on Friday afternoon.

And Gold futures are also down this week, trading at $1216.85 an ounce this afternoon.

In economic news, the Producer Price Index for final demand was unchanged in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. Final demand prices advanced 0.1 percent in July and 0.4 percent in June. On an unadjusted basis, the index for final demand increased 1.8 percent for the 12 months ended in August. In August, a 0.3-percent rise in prices for final demand services offset a 0.3-percent decrease in the index for final demand goods.

The Consumer Price Index for All Urban Consumers decreased 0.2 percent in August on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 1.7 percent before seasonal adjustment.

The seasonally adjusted decline in the all items index was the first since April 2013. The indexes for food and shelter rose, but the increases were more than offset by declines in energy indexes, especially gasoline. The energy index fell 2.6 percent, with the gasoline index declining 4.1 percent and the indexes for natural gas and fuel oil also decreasing.

In the week ending September 13, the advance figure for seasonally adjusted initial claims was 280,000, a decrease of 36,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 315,000 to 316,000. The 4-week moving average was 299,500, a decrease of 4,750 from the previous week's revised average. The previous week's average was revised up by 250 from 304,000 to 304,250.

In corporate dividend news, Marsh & McLennan Companies (NYSE:MMC) declared a quarterly dividend of $.28 per share on outstanding common stock, payable on November 17, 2014, to shareholders of record on October 10, 2014.

Iron Mountain (NYSE:IRM) declared its first quarterly distribution as a Real Estate Investment Trust of $0.475 per share, payable on October 15, 2014 to stockholders of record on September 25, 2014. The company also declared the remaining special distribution to stockholders of $700 million, or approximately $3.62 per share based on the number of shares currently outstanding, required in connection with the company's conversion to a REIT. The Special Distribution is payable on November 4, 2014 to stockholders of record as of the close of business on September 30, 2014.

Liberty Property Trust (NYSE:LPT) has declared a cash dividend of $0.475 per share on the company's common shares of beneficial interest for the third quarter of 2014. The dividend will be payable on October 15, 2014 to shareholders of record on October 1, 2014.

And, Steel Dynamics (NASDAQ:STLD) has declared a quarterly cash dividend of $0.1150 per common share. The dividend is payable to shareholders of record at the close of business on September 30, 2014, and is payable on or about October 10, 2014.

This is the 'Weekly Market Wrap' for Friday, September 19, 2014. Please join us on Monday for the Week Ahead Market Report.

9/19/2014 LeMaitre Vascular, Inc. > Angioscope
9/19/2014 Guild Mortgage > Comstock Mortgage
9/19/2014 Three Brazilian Investors > Fort Lauderdale Strikers
More mergers & acquisitions »
9/18/2014 Quest Resource Holding Corporation QRHC details »
9/18/2014 Chatham Lodging Trust CLDT details »
9/18/2014 Blackstone Mortgage Trust, Inc. BXMT details »
More secondary stock offerings »
Decades of Increasing Payments: 25 S.A.F.E. Dividend Stocks
10 Dividend Bargains You Can Buy Cheaper Than Insiders Did
ETFs With Stocks The Insiders Are Buying
The Top 20 Largest U.S. Stocks By Market Cap
Top Analyst Picks of the Dow
The DividendRank Top 25
10 Stocks Where Yields Got More Juicy
Feel-Good Income: 25 Socially Responsible Dividend Stocks
10 Oversold Dividend Stocks
Top Ranked Dividend Stocks With Insider Buying
Top 25 Analyst Picks With Strong Stock Repurchase Activity
The 20 Largest ETFs
The Top 25 Lowest PE Ratios of the S&P 500
10 Stocks Going Ex-Dividend
The Top 10 DividendRank'ed DJIA Components
Current Top Analyst Picks of the S&P 500
The Top 10 DividendRank'ed Nasdaq 100 Components
The Best Performing ETFs (TTM)
The Worst Performing ETFs (TTM)
The Best Performing ETFs (Last 3 Months)
The Worst Performing ETFs (Last 3 Months)
Notable ETF Inflows
Notable ETF Outflows
25 Dividend Giants Widely Held By ETFs
10 Must-Know High-Yield REITs
10 Top DividendRank'ed Financials
10 Top DividendRank'ed Metals Stocks
10 Top DividendRank'ed Energy Stocks
10 Top DividendRank'ed Utility Stocks
Forgotten Giants of the S&P 500 — Current Least Favorites
Stock market game
September 21, 2014    10:06 AM Eastern

If the video does not load after a few moments, Upgrade to the Latest Flash Player.
First of Long Island Corporation (FLIC)
Panhandle Oil and Gas Inc. (PHX)
Lakes Entertainment, Inc. (LACO)
More stock splits »
GWG Holdings, Inc.
Alibaba Group Holding Limited
ProQR Therapeutics
More IPOs »
American DG Energy Inc.
Rockwell Collins, Inc.
More stock buybacks »

The Online Investor | | Copyright © 1998 - 2014, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.