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
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GM |
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fell over 3.3% after announcing larger losses than originally posted.
American International Group
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AIG |
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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
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SBAC |
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To Buy AAT For $1 Bln Cash, Stock
Viacom
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VIA |
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To Sell DreamWorks Film Library For $900 Mln (full
story).
Pride International
(
PDE |
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Q4 EPS Surges On Higher Operating Income, Assets Sales; Expects Delay In Form
10-K Filing For FY05 (full
story).
Vodafone
(
VOD |
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PowerRating)
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To Sell 97.68% Stake In Vodafone KK, Japan To SoftBank For GBP 8.9 Bln (full
story).
Cray
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CRAY |
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PowerRating)
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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
width=”26%” height=16>
New Lo’s
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27
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44
Â
Strongest
Sectors
Weakest
Sectors
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IXTCX |
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(
OSX |
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(
DJR |
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(
XOI |
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(
OFINX |
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(
DXE |
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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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