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Friday, February 4, 2011

Dow penny stocks February 2011

Dow penny stocks February 2011 : U.S. stocks were modestly higher after the open on Monday, as market sentiment was boosted by increased merger and acquisition activity and as investors digested a flurry of corporate earnings reports. During early U.S. trade, the Dow Jones Industrial Average climbed 0.21%, the S&P 500 index was up 0.06%, while the Nasdaq Composite index climbed 0.10%.

Shares in paper and packaging manufacturer Rock Tenn jumped 6.93% after it agreed to acquire rival packaging firm Smurfit Stone Container for approximately USD3.5 billion. Shares in Smurfit soared 28.96% following the news.

Stocks Log Daily Gains, Up About 3% for Week
Stock averages end higher Friday and for the week including a five-session win streak for the blue-chip Dow Jones Industrial Average. The Nasdaq leads weekly gains, logging a 3% advance. The DJIA ended up 2.3% for the week and the S&P 500 gained 2.7%. Read More...

U.S. stocks modestly higher after the open; Dow Jones up 0.21%
In earnings news, shares in fast-food giant McDonald’s gained 0.45% after the company said that fourth quarter earnings increased by 2% to USD1.24 billion. Revenue in the fourth quarter totaled USD6.2 billion, broadly in line with market expectations. Read More...

Blue Chips Blow Past 12000 in Bullish February Debut
Wall Street flipped the calendar to February with bullish enthusiasm on Tuesday as the Dow surged beyond 12000 and the S&P 500 conquered 1300 for the first time in two-and-a-half years amid enthusiasm for impressive manufacturing and earnings reports from around the world. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today

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