Stock Market Recap: Retail Stocks Lead a Mixed Market
Stocks closed mixed across the board today in lackluster trading on the heals of Bernake’s cautious posture. The DJIA closed down -44.13 to 12,832.18, the SP 500 lost -0.54 ending at 1,403.04, and the NASDAQ gained +6.64 to close at 2,495.12.
Countrywide Financial
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PowerRating) – Rose 4.2% to $4.99/share after Bank of America’s reports that the purchase is going forward. Bank of America
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PowerRating) is slightly down on the announcement.
Fluor Corporation
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PowerRating) – The largest public engineering firm in the US surged over 16% to 192.53 upon beating analysts profit estimates for the first quarter. This is Fluor’s biggest advance since reorganizing in 2000.
Bally Technologies
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PowerRating) – climbed 12% to 41.32 after the second largest manufacturer of slot machines announced projected 2009 profits may exceed analysts estimates.
Yahoo
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PowerRating) – added 4.7% to 26.45 on word that billionaire investor Carl Ichan may start a fight to control the board.
Gold gave up -15.30 falling to 869.60 and Oil added another 1.63 to 125.86.
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