November 13, 2007 at 09:45 AM EST
Opening Bell Report

The markets opened higher after Wal-Mart posted revenues and earnings that beat expectations. The Dow surged 110 points to 13,097 while Nasdaq jumped 35 points to 2619

On the upside

Wal-Mart Stores (NYSE: WMT) reported improving sales trends for household and apparel products and emphasized its doorbuster sales to attract foot traffic ahead of the holiday shopping season.

Watch and accessory maker Fossil (Nasdaq: FOSL) posted higher revenues that beat estimates while boosting its full-year outlook.

Orbitz Worldwide (NYSE: OWW) posted revenues that beat targets and expected weakness in the U.S. market to be offset by international growth.

On the downside

Home Depot (NYSE: HD) posted a larger than expected decline in revenues as the slow housing market continued to weigh on the home improvement retail chain.

Superconductor Technologies (Nasdsaq: SCON) reported lower revenues and a loss as its clients tightened spending.

Adobe Systems (Nasdaq: ADBE) announced that its CEO was stepping down by the end of the year.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 1 on the NYSE and by nearly 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks added 10 points to 777.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here