TradingMarkets Mid-Day Movers
The major averages started the
session by extending Thursday’s gains but have since returned to the flat line.
M&A news before the bell this morning helped to list the
market as Cisco Systems
(
CSCO |
Quote |
Chart |
News |
PowerRating) agreed to acquire Scientific-Atlanta
(
SFA |
Quote |
Chart |
News |
PowerRating)
for $6.9 Bln (full
story) and Liz Claiborne
(
LIZ |
Quote |
Chart |
News |
PowerRating) offered to buy J. Jill
(
JILL |
Quote |
Chart |
News |
PowerRating) for
$366 Mln (full
story). General Electric
(
GE |
Quote |
Chart |
News |
PowerRating) agreed to sell its Insurance Solutions
Business to Swiss Re for $8.5 Bln (full
story).
Go to our
Breaking
News section for more stories.
With no economic news on the calendar for today activity may
be light in the Bond and Forex markets. Treasuries are trading lower, while the
US Dollar Index is trading slightly higher. Energy prices are modestly lower.
Stocks On The Move
Ditech Communications
(
DITC |
Quote |
Chart |
News |
PowerRating) is one of the biggest
percentage gainers after reporting a narrower-than-expected loss for the second
fiscal quarter. DITC is up 26%.
Emdeon
(
HLTH |
Quote |
Chart |
News |
PowerRating) is one of the morning’s worst performers, falling 13.5%,
after it announced the departure of its president, Tony Holcombe, and gave
cautious guidance for 2006.
| Dow |
-8.48 | 10,711.74 |
| NASDAQ |
+1.92 | 2222.38 |
| S&P 500 |
+0.07 | 1242.87 |
| NYSE | NASDAQ | |
| Volume |
1,178,389,000 | 1,047,110,000 |
| Advances |
1541 | 1569 |
| Declines |
1535 | 1271 |
| Up Volume |
626 | 574 |
| Down Volume |
452 | 413 |
| New Hi’s |
168 | 144 |
| New Lo’s |
92 | 33 |
|
|
Weakest Sectors |
| Securities Broker Dealer ( XBS | Quote | Chart | News | PowerRating) |
Gold Bug ( HUI | Quote | Chart | News | PowerRating) |
| Semiconductor ( SOX | Quote | Chart | News | PowerRating) |
Gold & Silver ( XAU | Quote | Chart | News | PowerRating) |
| Biotechnology ( BTK | Quote | Chart | News | PowerRating) |
Airline ( XAL | Quote | Chart | News | PowerRating) |
Ashton Dorkins