Markets In the Green Despite Negative Reports


Despite negative
announcements from GM and AIG, markets close the week in green.

Crude oil futures were trading lower during the
morning session, down 0.7%

General Motors
(
GM |
Quote |
Chart |
News |
PowerRating)

Power Rating

fell over 3.3% after announcing larger losses than originally posted.

American International Group

(
AIG |
Quote |
Chart |
News |
PowerRating)

Power Rating

fell as much as 3%
after announcing a 72% decline in Q4 profit
because of regulatory fines.

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

SBA
(
SBAC |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Buy AAT For $1 Bln Cash, Stock

Viacom
(
VIA |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Sell DreamWorks Film Library For $900 Mln (full
story
).

Pride International
(
PDE |
Quote |
Chart |
News |
PowerRating)

Power Rating

Q4 EPS Surges On Higher Operating Income, Assets Sales; Expects Delay In Form
10-K Filing For FY05 (full
story
).

Vodafone
(
VOD |
Quote |
Chart |
News |
PowerRating)

Power Rating

To Sell 97.68% Stake In Vodafone KK, Japan To SoftBank For GBP 8.9 Bln (full
story
).

Cray
(
CRAY |
Quote |
Chart |
News |
PowerRating)

Power Rating

Reports Preliminary Q4 Loss; Expects 2004 Loss To Widen On Accounting Issues,
Delays Form-10k Filing (full
story
).

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

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Dow

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+26.41

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11,279.65

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NASDAQ

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+6.92

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2,306.48

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S&P 500

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+1.92

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1,307.25

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,531,229,000

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2,534,804,000

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Advances

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1772

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1553

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Declines

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1463

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1439

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Up Volume

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1207

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1354

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Down Volume

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980

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932

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New Hi’s

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267

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180

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New Lo’s

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27

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44

 

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Strongest
Sectors


Weakest
Sectors

Combined Telecom
(
IXTCX |
Quote |
Chart |
News |
PowerRating)
Oil Service Sector
(
OSX |
Quote |
Chart |
News |
PowerRating)
Dow Jones Equity
(
DJR |
Quote |
Chart |
News |
PowerRating)
Oil
(
XOI |
Quote |
Chart |
News |
PowerRating)
Nasdaq Combined Finance
(
OFINX |
Quote |
Chart |
News |
PowerRating)
Deutsche Bank Energy
(
DXE |
Quote |
Chart |
News |
PowerRating)
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href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News





No economic news to report at this time.



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John Patrick Lee


johnl@tradingmarkets.com



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