TradingMarkets Mid-Day Movers

Markets rise on M&A activity. Crude oil futures trade
lower by 1.8% to $62.30.

Stocks on the Move

Pfizer
(
PFE |
Quote |
Chart |
News |
PowerRating)
Halts All Torcetrapib Trials; Backs Outlook Until 2009,
Shares Drop In Pre-Market  (full
story
).  PFE shares drop over 11%.

Gold Kist
(
GKIS |
Quote |
Chart |
News |
PowerRating)

Agrees To Pilgrim’s Pride
(
PPC |
Quote |
Chart |
News |
PowerRating)
Sweetened Bid Of $21 A Share (full
story
).  GKIS shares rise by 4.5%, while PPC shares jump nearly 11%.

Armor Holdings
(
AH |
Quote |
Chart |
News |
PowerRating)
Receives $649 Mln Contract From U.S. Army For FMTV
Trucks (full
story
).  AH shares rise by 1.8%.

LSI Logic
(
LSI |
Quote |
Chart |
News |
PowerRating)
To
Merge With Agere Systems
(
AGR |
Quote |
Chart |
News |
PowerRating)
In $4 Bln All-stock Deal; To
Repurchase $500 Mln Stock (full
story
).  LSI shares drop nearly 12%, while AGR shares jump 10%.

For more stories as they happen, go to our Breaking News section.

Market Snapshot

Dow


+56.96

12,251.09

Nasdaq

+31.36

2,444.35

S&P 500


+8.08

1,404.79

NYSE


NASDAQ

Volume


1,165,939,000

808,332,000

Advances


2309

2025

Declines


826

863

Up Volume


103

138

Down Volume


403

135

New Highs


342

131

New Lows


5

23

Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors

PHLX Semiconductor Index (SOX)



Deutsche Bank Energy Index (DXE)

GSTI Semiconductor
Index (GSM)

Amex Pharmaceutical
Index (DRG)

GSTI Internet Index (GIN)

PHLX Oil and Gas Services Sector
Index (OSX)

Economic News

No economic reports released today.

Darren Wong
darrenw@tradingmarkets.com

Use our most popular trading tool to find out how your stocks will move in the next 5 days.


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