Strong Day to Close the Week

• October 12, 2007
• TradingMarkets Editors

The broad indices rebounded from yesterday’s losses, green across the board.

General Electric
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PowerRating) reported a 14% rise in third quarter profit (read more).

Oracle
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PowerRating) made an unsolicited $6.66 billion offer for BEA Systems
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PowerRating) (read more).

McDonald’s
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PowerRating) reported September comparable sales grew by 5.3% (read more).

Citigroup
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PowerRating) merged its Citi Markets and Banking business as well as its Citi Alternatives Investments business into the newly formed Institutional Clients Group (read more).

Among today’s movers, Rowan Companies
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PowerRating) hit a 2-month high (read more) and Coldwater Creek
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PowerRating) plunged after adjusting its third quarter forecast (read more).

Market Snapshot

Dow 77.96 14093.08 NASDAQ 33.48 2805.68 S&P 500 7.39 1561.80 NYSE NASDAQ Volume 1,094,957,470 1,930,589,175 Up Volume 668,427,880 1,415,932,567 Down Volume 414,376,300 445,972,804 Advances 1979 1828 Declines 1254 1113 New Highs 100 76 New Lows 33 51

Strongest/Weakest Industry Groups

Strongest Industries % Change Weakest Industries % Change Automobiles +5.50% Home Construction -3.18% Consumer Electronics +4.55% Paper -2.18% Recreational Products +3.22% Apparel Retailers -1.79%

Economic News

Retail Sales (Sep): Actual 0.6%, Consensus 0.2% PPI (Sep): Actual 1.1%, Consensus 0.5% Business Inventories (Aug): Actual 0.1%, Consensus 0.3%