Stocks Rise Despite Fed Concerns

Airline sector rallies on US Airways $8 billion bid
for Delta Airlines. Crude oil futures closed higher up $0.48 to $58.76.

href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move

US Airways
(
LCC |
Quote |
Chart |
News |
PowerRating) Offers To Buy Delta Air
Lines
(
DALRQ |
Quote |
Chart |
News |
PowerRating) For $8 Bln Cash And Stock; Deal To Be Accretive To
Earnings In First Full Year (full
story).  LCC shares and DALRQ shares jump 16% and 3%, respectively. 

Goldman Sachs upgrades Altria
(
MO |
Quote |
Chart |
News |
PowerRating) from
neutral to buy.  MO shares rise by 1.4%.

Charming Shoppes
(
CHRS |
Quote |
Chart |
News |
PowerRating) Q3 EPS Surges,
Tops Consensus; Reiterates Q4 Guidance, Lifts FY07 Outlook (full
story).  CHRS shares fall by over 3%.

Logitech International
(
LOGI |
Quote |
Chart |
News |
PowerRating) Has Climbed
To A New High For The Year (full
story).  LOGI shares rise by 1%.

Illinois Tool Works
(
ITW |
Quote |
Chart |
News |
PowerRating) 3 Months
Operating Revenue Up 10%; Backs Q4, FY06 Outlook (full
story).  ITW shares finish higher by 0.5%.

Trimeris
(
TRMS |
Quote |
Chart |
News |
PowerRating) To Focus On Roche
Collaboration On AIDS Drug Fuzeon; To Slash Workforce; CEO Steven Skolsky To
Resign (full
story).  TRMS shares jump over 21%.

Abercrombie & Fitch
(
ANF |
Quote |
Chart |
News |
PowerRating) Q3 Profit Rises
As Revenue Increases (full
story).  ANF shares drop 6% in today’s session.

For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.