Stocks Halt Recent Slide

• October 22, 2007
• TradingMarkets Editors

After starting the day in the red, stocks recovered to post gains across the board.

Schering-Plough
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SGP |
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PowerRating) is trading 14% lower after reporting disappointing earnings (read more).

Merck
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MRK |
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PowerRating) reported a 62% jump in Q3 profit (read more).

Hasbro
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HAS |
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PowerRating), the world’s second largest toymaker, also reported a 62% profit surge (read more).

Bear Stearns
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BSC |
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PowerRating) and Citic Securities announced an alliance that sees them investing $1 billion in each other (read more).

Microsoft
(
MSFT |
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PowerRating) agreed to EU demands to make information available for open-source programs (read more).

On Sunday, Haliburton
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HAL |
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PowerRating) reported a 19% rise in earnings and 16% rise in revenues (read more).

Market Snapshot

Dow 44.95 13566.97 NASDAQ 28.77 2753.93 S&P 500 5.70 1506.33   NYSE NASDAQ Volume 1,397,095,330 1,998,623,246 Up Volume 1,397,095,330 1,504,817,008 Down Volume 544,767,250 477,595,463 Advances 1785 1781 Declines 1461 1191 New Highs 25 62 New Lows 176 305

Strongest/Weakest Industry Groups

Strongest Industries % Change Weakest Industries % Change Medical Practitioners +18.09% Sporting Goods Stores -26.94% Residential Construction +5.88% Independent Oil & Gas -2.63% Foreign Money Center Banks +4.30% Silver -2.98%

Economic News

None Today

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