Quick Look Market Closing Price:
At the close: Dow -0.33% to 12375. S&P -0.15% to 1279. Nasdaq +0.38% to 2358.
Treasurys: 30-year +0.53%. 10-yr +0.21%. 5-yr +0.1%.
Commodities: Crude +0.01% to $101.82. Gold -0.14% to $1617.85.
Currencies: Euro -0.53% vs. dollar. Yen -0.16%. Pound +0.42%.
After Hours News:
IPC (IPCM), a provider of inpatient care services for hospitals, drops 12.3% AH after warning it expects Q4 revenue of $115M-$118M and EPS of $0.47-$0.51, below a consensus of $124.4M and $0.54. The company primarily blames the shortfall on "unexpected softness in patient volumes in certain practices," while adding that temporary staffing and practice start-up costs also hurt profitability.
Lululemon (LULU) says its founder and Chief Innovation and Branding Officer Chip Wilson is stepping down from the post at the end of January, but will continue to serve as chairman of the board. Shares -2% AH
Goldman Sachs (GS -1.2%) and Morgan Stanley's (MS -2.3%) Q4 estimates were lowered again today by Meredith Whitney, cutting Goldman from $2.61 to $1.83, and Morgan Stanley to $0.09 after excluding MBIA charge.
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