TradingMarkets Mid-Day Movers
Stocks consolidate after Wednesday’s large gain. Crude oil futures
trade higher by 0.7% to
$61.15.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>
Stocks on the
Move
FedEx Q1 EPS Beats Consensus On Strong Growth
In Freight, Ground Units; Lifts FY07 Adj. EPS Outlook; Contract Costs Expected
To Reduce FY07 EPS By $0.20 (full
story). FDX shares trade flat through the morning session.
Hewlett Packard Shares Continues To Be Plagued
By Boardroom Leak Investigations. HPQ shares fall by over 4%.
General Mills Q1 Profit Rises On Strong
Segmental Sales, Unit Volume; Reaffirms FY07 Forecast (full
story). GIS shares trade to 52-wk highs currently trading up 3.3%.
Bed Bath & Beyond Q2 Earnings Rise, Match
Estimates (full
story). BBBY shares move higher by nearly 3%.
Carnival Corp. Q3 Profit Rises; Guides Q4 (full
story). CCL shares jump over 5%.
Kimberly-Clark Widens Cost Reduction Plan; Sees
After-tax Charges Of About $140 – $160 Mln (full
story). KMB shares are trading flat through the morning.
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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+7.05
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11,620.24
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NASDAQ
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+6.50
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2,259.39
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S&P 500
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+2.37
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1,327.55
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size=2>NYSE
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size=2>NASDAQ
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Volume
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1,080,398,000
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855,935,000
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Advances
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1761
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1643
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Declines
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1284
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1153
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Up Volume
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548
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466
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Down Volume
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409
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314
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New Hi’s
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126
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89
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New Lo’s
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25
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49
Strongest
Sectors
Weakest
Sectors
(HMO)
Provider (RXH)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>
Economic
News
Leading Indicators Index Falls In Line With
Estimates (full
story).
Initial Jobless Claims Up 7,000 To 318,000
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Darren Wong
darrenw@tradingmarkets.com
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