TradingMarkets Mid-Day Movers
Mergers and acquisitions
boost investor sentiment to start the week; major indices are all in the green.
Johnson & Johnson
(
JNJ |
Quote |
Chart |
News |
PowerRating) announced plans to buy Pfizer’s
(
PFE |
Quote |
Chart |
News |
PowerRating)
consumer-products division for $16.6 billion. JNJ is trading down 2% and PFE is
trading up 1.5%.
Phelps Dodge
(
PD |
Quote |
Chart |
News |
PowerRating)
announced plans to buy two Canadian mining companies for a reported $40 Billion.
PD is trading down 8%.
Crude oil futures are trading lower for the day, down
0.4% at 70.62.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Phelps Dodge
(
PD |
Quote |
Chart |
News |
PowerRating)
Power Rating
To Acquire Inco
(
N |
Quote |
Chart |
News |
PowerRating),
Falconbridge
(
FAL |
Quote |
Chart |
News |
PowerRating) For $40 Bln; Deal To Create Phelps Dodge
Inco Corp.(full
story).
Kraft Foods
(
KFT |
Quote |
Chart |
News |
PowerRating)
Power Rating
Hires Irene Rosenfeld As CEO To Replace Roger Deromedi (full
story).
Johnson & Johnson
(
JNJ |
Quote |
Chart |
News |
PowerRating)
Power Rating
Signs Deal To Purchase Pfizer’s Consumer
Health Care Unit For $16.6 Bln., To Acquire Zyrtec OTC Rights On Patent Expiry (full
story).
Bunge
(
BG |
Quote |
Chart |
News |
PowerRating)
Power Rating
Cuts FY06 Profit Outlook Amid Brazil Farmers Protest (full
story).
Finisar
(
FNSR |
Quote |
Chart |
News |
PowerRating)
Power Rating
Wins Patent Infringement Suit Against DirecTV (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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+11.85
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11,000.94
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NASDAQ
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+8.18
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2,129.65
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S&P 500
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+1.68
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1,246.18
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size=2>NYSE
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size=2>NASDAQ
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Volume
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755,197,000
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563,984,000
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Advances
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1693
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1676
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Declines
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1327
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1182
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Up Volume
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360
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335
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Down Volume
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315
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182
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New Hi’s
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30
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47
width=”26%” height=16>
New Lo’s
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99
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64
Sectors
Strongest
Sectors
Weakest
Sectors
(
INSRX |
Quote |
Chart |
News |
PowerRating)
(
XAL |
Quote |
Chart |
News |
PowerRating)
(
GIN |
Quote |
Chart |
News |
PowerRating)
(
XNG |
Quote |
Chart |
News |
PowerRating)
(
SOX |
Quote |
Chart |
News |
PowerRating)
(
OSX |
Quote |
Chart |
News |
PowerRating)
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Helvetica>
May New Home Sales Show Unexpected Increase (full
story).
John Patrick Lee
johnl@tradingmarkets.com
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