The stock markets have been trading flat for most of the afternoon on very little news.
Here are today’s winners and losers.
Dell (DELL): Up 3.3 per cent — Dell announced that it plans to start paying dividends. The first quarterly payment will be 8 cents a share starting in the third quarter.
JPMorgan Chase (JPM): Up 3.3 per cent — JPMorgan’s stock is up after Jamie Dimon addressed the Senate Banking Comittee earlier today.
Southwest Airlines (LUV): Up 2.7 per cent — Southwest announcd a three dale fare sale, and also came in at No. 2 in terms of J.D. Power’s customer satisfaction survey, pushing the stock upward.
First Solar (FSLR) Down 4.2 per cent — An analyst stated that First Solar’s 21 per cent gain yesterday was unwarranted, stating that solar energy demand remains low in southern Europe.
Urban Outfitters (URBN) Down 3.6 per cent — Urban Outfitters is getting hit hard by this morning’s poor advance retail sales announcement, which declined 0.2 per cent overall.
Macy’s (M) Down 3.0 per cent — Macy’s is down over 3 per cent after the disappointing retail sales number.