Late Rally Leads to More Gains for the Bulls

After a choppy start, stocks rose late in the day to
record another minor victory for the bulls. Positive earnings
offset investors lingering concerns surrounding the credit
markets.

International Paper
(
IP |
Quote |
Chart |
News |
PowerRating)
reported net earnings for the second
quarter were $190 million or $0.44 per share, compared to $83 million or $0.17
per share in the prior year quarter (more).

Nortel Networks
(
NT |
Quote |
Chart |
News |
PowerRating)
second quarter net loss was $37 million,
compared to net earnings of $342 million in the second quarter of 2006 (more).

Newmont Mining
(
NEM |
Quote |
Chart |
News |
PowerRating)
reported a net loss for the quarter of $2.06
billion, compared with net income of $161 million for the second quarter of 2006
(more).

Williams Companies
(
WMB |
Quote |
Chart |
News |
PowerRating)
swung to a second quarter profit, helped
by strong operational performance in all of its core natural gas businesses (more).

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Stocks in Motion

Accredited Home Lenders
(
LEND |
Quote |
Chart |
News |
PowerRating)
Struggling To Stay Afloat (full
story
).

Gateway
(
GTW |
Quote |
Chart |
News |
PowerRating)
Turns To Profit In Q2, Revenues Slip 8.5% (full
story
).

Fiserv
(
FISV |
Quote |
Chart |
News |
PowerRating)
Agrees To Acquire CheckFree
(
CKFR |
Quote |
Chart |
News |
PowerRating)
For
About $4.4 Bln Cash (full
story
).

For more stories as they happen, go to our
Breaking News section.


Market Snapshot

Dow

100.96 13463.33

NASDAQ

22.82 2575.98

S&P 500

6.39 1472.20

NYSE NASDAQ

Volume

1,983,501,470 2,537,195,013

Up Volume

1,220,147,870 1,665,750,465

Down Volume

732,956,460 838,527,338

Advances

2,188 1,686

Declines

1,133 1,276

New Highs

47 55

New Lows

371 301


Strongest/Weakest Industry Groups

Strongest Industries

Weakest Industries


Publishing-Periodicals

Cleaning Products

Multimedia & Graphics Software
Medical
Practitioners
Farm Products Toys &
Games



Economic
News

Initial Jobless Claims:
+4K. Expected: +9K. Previous: -2K

June Factory Orders: +0.6%.
Expected: +1.0%. Previous: -0.5%.

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