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Market diary.


Moderating oil prices but uncertainty about the strength of the economy left the major market indices in mixed territory in the week ended May 11. The Dow Jones Industrial Average was off 0.8 percent to 10,300.30; the Nasdaq Composite Index rose 0.5 percent to 1,971.55; and the Standard & Poor's 500 was down 0.4 percent to 1,171.11. The LABJ 200 index of Los Angeles County companies inched up 0.2 percent to 113.78, with declines leading advances 113 to 77 as 13 stocks fell to new lows and nine hit new highs. The software sector led the index, gaining 5.5 percent while construction/engineering rose 3.3 percent. Pulling down the market was the Internet sector, which was off 5.6 percent. Among leading gainers, cell phone game maker Jamdat Mobile Inc. rose 44.6 percent, to $24.22, after a strong quarterly earnings report
Quarterly Earnings Report
A quarterly filing made by public companies to report their performance. Included in earnings reports are items such as net income, earnings per share, earnings from continuing operations and net sales. These reports follow the end of each quarter. Most companies file in January, April, July and October.

Notes:
An earnings report is a 'report card' of sorts for a public companies.
 and forecast for next year. Temporary personnel company On Assignment Inc. was up 21.4 percent to $4.88 after reporting decreasing quarterly losses and greater-than-expected revenues. Among losers, computer retailer PC Mall Inc. was down 31 percent to $3.87 after it reported a first-quarter loss as revenue growth failed to hit projections. Napster Inc. was down 25.1 percent to $4.65. The company, along with other online music providers, fell sharply following Yahoo! Inc.'s announcement it planned to enter that market with cheaper downloads.
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Title Annotation:THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:May 16, 2005
Words:243
Previous Article:K-Swiss shares marked down in rare first quarter misfire.(CORPORATE FOCUS)
Next Article:Market indexes.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)(Brief Article)(Illustration)
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