Orange County Business Journal

Stock Roundup: Markets Closed Today

Kari Hamanaka Monday, October 29, 2012

U.S. stock exchanges were closed Monday because of Hurricane Sandy.

The Nasdaq closed up 0.06% to 2,988 at market close on Friday, while the Dow Jones Industrial Average rose 0.03% to 13,107.

The S&P 500 was down 0.07% to 1,412.

The yield on a 10-year treasury bond was flat at 1.75%.

The price of gold was off 0.19% to $1,709 per ounce.

Shares of Irvine-based homebuilder Standard Pacific Corp. closed down about 11% to $7 for a market value of $2.4 billion. The company reported third-quarter earnings last week that missed analyst revenue and earnings per share expectations.

Huntington Beach restaurant operator BJ’s Restaurants Inc. fell about 16% to $32 on missed profit and revenue estimates for its third quarter ended Oct. 2. BJ’s had a market value of $901 million

Shares of Costa Mesa-based Emulex Corp. rose about 10% to $7 after reversing a year-ago loss and reporting a profit in the first quarter. Emulex had a recent market value of $628 million.

Aliso Viejo networking-equipment maker QLogic Corp. was up about 5% to $10 for a market value of $914 million. QLogic reported revenue and earnings in line with analyst expectations last week.

Shares of Irvine medical device maker Endologix Inc. were up about 5% to $14 for a market value of $851 million. Endologix reported third-quarter results last week with adjusted earnings that beat analyst expectations.