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THE REAL MOST ACTIVE Quarter's End Spikes Volume, Not Dow, S&P.(MAKING MONEY)
Byline: JONAH KERI
Some end-of-quarter window-dressing near the end of Monday's session spiked volume in an otherwise quiet day for NYSE stocks. The S&P 500 fell 0.2%, the Dow less than 0.1%.
Volume stayed light throughout the day, then surged. The end of a quarter often sees money managers closing positions to meet certain quotas.
ProAssurance dived 3.51 to 26.99. The medical professional liability insurance provider traded more than 1.6 million shares vs. its average daily volume of 120,000.
The firm said it expects second-quarter operating income of 22 cents to 27 cents per share. Analysts expect profit in the upper end of that range, at 26 cents a share. ProAssurance also announced plans to offer $90 million of convertible senior debentures in a private debt offering.
Mall-based clothing chain Aeropostale gapped down 1.54 to 21.48 on nearly three times its normal trade. The firm, which makes casual clothing for young men and women, filed a registration with the SEC for a secondary offering of 6.1 million shares on Friday. Aeropostale has doubled in price since early March.
Dick's Sporting ...
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Michigan Sporting Goods Distributors, Inc. 3070 Shaffer S.E. Grand Rapids...Sales: $148 million (2003 est.) NAIC: 451110 Sporting Goods Stores Michigan Sporting Goods Distributors, Inc. operates a chain of nearly 70 MC...
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KSA's Worldwide Sporting Goods Survey of Consumers and Manufacturers...sales seem to be flattening out, sporting goods purchasers of apparel and footwear...as deciding factors in making sporting goods purchases, consumers seem to...
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...19 /PRNewswire-FirstCall/ -- Dick's Sporting Goods and Soccer United Marketing are pleased to...their current agreement, now making Dick's Sporting Goods the Official Sporting Goods Retailer of Major League Soccer as well as...
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...During the third quarter of the Dick's Sporting Goods Cowboys Classic (University of Oklahoma...this past Labor Day weekend, Dick's Sporting Goods, Inc. launched its new mobile site...and purchase a complete selection of sporting goods online. It was unveiled as part of...
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DICK'S Sporting Goods asks Consumers to help save children...14 /PRNewswire/ -- DICK'S Sporting Goods announced today that it has once...Thanks and Giving campaign, DICK'S Sporting Goods asks consumers to "Give thanks...
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...businesses, and MODELL'S SPORTING GOODS, the nation's oldest, family...owned and operated, retailer of sporting goods, apparel, and brand name athletic...operate the new e-commerce sporting goods store at www.modells.com...
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...PRNewswire-FirstCall/ -- Dick's Sporting Goods and some of Major League Soccer's...scheduled to take place in Dick's Sporting Goods stores throughout the country in early...will be given a complimentary Dick's Sporting Goods gift card and then accompanied through...