AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

THE REAL MOST ACTIVE Nasdaq Rises Sharply, But Lacks Volume Push.(B)

Investor's Business Daily

| October 02, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: JONAH KERI

The Nasdaq rose sharply Wednesday, but lower volume and continued weakness by several leading stocks tempered the gains. The composite rose 2.5%. The Nasdaq 100 climbed 2.4%.

Tractor Supply staged an impressive reversal. The provider of animal feed and farming products fell as low as 31.37 as it pierced its 50-day moving average intraday. But the stock bounced back, closing up 1.61 to 34.42 on more than twice its normal trade.

On Tuesday the firm said gross margins declined because of price cuts designed to turn inventory over quicker. The firm said it expects third-quarter sales of $361.2 million, which would net a 22% year-over-year increase. Tractor Supply issued an earnings estimate of 28 cents a share, a penny below First Call's consensus estimate.

Endo Pharmaceuticals advanced 1.37 to 21.82 in brisk volume. The maker of brand-name and generic pain-management medications closed just 1% off its high. The stock is featured in today's Nasdaq Stocks In The News.

Also reversing upward was Metrologic Instruments, which sliced its 50-day, then rebounded ...

Related articles from newspapers, magazines, journals, and more
Berkeley Design Automation Authors Win 46th Design Automation Conference Best...
Press release article from: Business Wire August 5, 2009 700+ words
...SANTA CLARA, Calif. -- Berkeley Design Automation Inc., provider of the Analog FastSPICE...today announced that the 46th Design Automation Conference (DAC), the electronic design automation (EDA) industry's premier annual...
Rio Design Automation Sets Sights on Emerging Package-Aware Chip Design...
Press release article from: Business Wire October 31, 2005 700+ words
...SANTA CLARA, Calif. -- Rio Design Automation Inc. today unveiled its plans to be the first electronic design automation (EDA) company to bridge the...says Kaushik Sheth, Rio Design Automation's chief executive officer...
44th Design Automation Conference Professional Development Fund to Award...
Press release article from: Business Wire May 8, 2007 700+ words
...Richard Newton BOULDER, Colo. -- The Design Automation Conference (DAC) today announced...including the Workshop for Women in Design Automation. "Each year DAC makes a very important...research and study in electronic design automation and circuit design. These scholarships...
Design Automation Conference Professional Development Fund to Award More than...
Press release article from: Business Wire May 28, 2008 700+ words
...Colo. -- For the 15th year, the Design Automation Conference (DAC) in conjunction...such as the Workshop for Women in Design Automation. "DAC is committed to ensuring...research and study in electronic design automation and circuit design. These scholarships...
CLK Design Automation Links Verific Hardware Component Software to New Amber...
Press release article from: Business Wire June 6, 2007 700+ words
...Handles Any Size Netlist, a CLK Design Automation Must ALAMEDA, Calif. -- CLK Design Automation today announced that has linked its...analysis solution, to Verific Design Automation's Hardware Description Language...
46th Design Automation Conference, San Francisco Team to Encourage DAC...
Newspaper article from: Electronics Newsweekly August 12, 2009 700+ words
The 46th Design Automation Conference (DAC) and the City...Additionally, the Electronic Design Automation Consortium (EDAC) is sponsoring...and to enable more of the design automation industry to attend. Free Monday...
Future Design Automation Introduces SystemCenter, Expedites C to RTL Flow.
Press release article from: Business Wire May 19, 2003 700+ words
...Business Editors/High-Tech Writers Design Automation Conference 2003 SAN JOSE, Calif...BUSINESS WIRE)--May 19, 2003 Future Design Automation SystemCenter's Rapd-C technology...and embedded applications Future Design Automation, a developer of behavioral and architectural...
Penny Herscher to Receive First Annual Women in Design Automation Achievement...
Press release article from: Business Wire May 23, 2000 700+ words
...commitment to the advancement of women in the design automation industry The 37th Design Automation Conference (DAC) announced today that...will receive the first annual Women in Design Automation Achievement Award. The award recognizes...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA