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Equity Market News 19th May 2012

Equity Org Headlines:

Essar Energy adds 3 percent in mostly lower London energy sector

Antofagasta leads miners higher in London

Hunting plc leads energy sector lower

Sports Direct International leads London retailers higher

Pace plc drops 40 percent on profits warning

Royal Bank of Scotland leads London banks lower

Royal Bank of Scotland leads banks, FTSE 100 higher in London

Lloyds Banking Group drops 8 percent on first-quarter loss

Lloyds shares down on PPI claims

Aquarius Platinum adds 7 percent amid mostly lower mining sector

12/08/05

Permalink 02:25:48 pm, Categories: New York NYSE, Technology, 143 words  

Dell disappoints as NYSE sees losses

In New York on Friday, the equities markets were down on the day as the felt the effect of crude oil prices that continue to climb as well as disappointing quarterly news from Dell.

The computer manufacturer released its quarterly earnings report after the close of trading on Thursday, saying that it missed predictions even though earnings were up to $0.41 per share, from $0.31 in the same quarter last year.

Shares in Dell were down 7.9 percent to $36.45 before the trading day began on Friday. Other computer makers were also down during the day, including Hewlett-Packard, which was down 1.5 percent in early-day trading to $23.83. Apple also lost ground during the day, losing 0.8 percent to $43.63.

By the end of the day, the Dow Jones Industrial Average lost 0.80 percent to 10,600,31, the Nasdaq composite had declined by 0.81 percent to 2,156.90, and the S&P 500 had dropped 0.60 percent to 1,230.39.

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