Indices Close in the Red
Crude oil
futures trade higher by 0.4% to $63.72.
Stocks on the Move
M&F Worldwide
(
MFW |
Quote |
Chart |
News |
PowerRating) To Acquire John Harland
(
JH |
Quote |
Chart |
News |
PowerRating)For
About $1.7 Bln Cash (full
story). MFW shares jump nearly 12%, JH shares follow by rising 13%.
FedEx
(
FDX |
Quote |
Chart |
News |
PowerRating) Q2 Profit Rises 8%; Guides Q3 EPS Below Street Views;
Hikes FY07 Earnings Target (full
story). FDX shares fall by 2.6%.
Publicis Groupe
(
PUB |
Quote |
Chart |
News |
PowerRating) To Acquire Digitas
(
DTAS |
Quote |
Chart |
News |
PowerRating) For
$1.3 Bln (full
story). PUB shares rise by 2.2%, while DTAS shares soar 22%.
FPL
(
FPL |
Quote |
Chart |
News |
PowerRating) Agrees To Purchase Point Beach Nuclear Plant From
Wisconsin Energy
(
WEC |
Quote |
Chart |
News |
PowerRating) For Nearly 1 Bln. (full
story). FPL shares rise by 0.7%, while WEC shares trade lower by
0.75%.
Progress Software
(
PRGS |
Quote |
Chart |
News |
PowerRating) Q4 Profit Falls 49% On One-time Charges,
Higher Expenses; Revenues Up 13%; Gives Q1, FY07 View (full
story). PRGS shares rise by 1.25%.
Goldman Sachs
(
GS |
Quote |
Chart |
News |
PowerRating) Awards $53.40 Mln As FY06 Bonus To Chairman And
CEO Lloyd Blankfein (full
story). GS shares finish fractionally higher.
For more stories as they happen, go to our
Breaking News section.
Market Snapshot
|
Dow | -7.45 | 12,463.87 |
| Nasdaq | -1.94 | 2,427.61 |
|
S&P 500 | -2.02 | 1,423.53 |
|
NYSE |
| |
|
Volume | 2,326,157,000 | 1,749,439,000 |
|
Advances | 1874 | 1711 |
|
Declines | 1419 | 1349 |
|
Up Volume | 1208 | 891 |
|
Down Volume | 937 | 746 |
|
New Highs | 250 | 98 |
|
New Lows | 18 | 48 |
Strongest/Weakest Sectors
| Strongest Sectors | Weakest Sectors |
|
PHLX Semiconductor Index (SOX) | Amex Gold Bugs Index (HUI) |
Dow Jones Equity REIT Index (DJR) | PHLX Gold and Silver Sector Index (XAU) |
GSTI Multimedia Networking Index (GIP) | Amex Oil Index (XOI) |
Economic News
The E.I.A. reports that crude oil inventories had a draw of 6.32 mln barrels.
Darren Wong
darrenw@tradingmarkets.com
P.S.
Click here to use PowerRatings to identify stocks that could potentially
move higher in the next few days.