The day started out, however, with a big gap to the down side on foreign news, and then U.S. economic news spurred the market sharply higher as the Nasdaq 100 went from 2606 all the way up to 2651, about 45 points straight up.
--New two-cent dividend comes after more than three-year hiatus. --Executives tout it as first step in returning the success of strategic plan to shareholders.
As the S&P 500 Index fell around 1.4 percent Thursday, the following three stocks rose sharply. First Solar (NASDAQ: FSLR): Shares of First Solar traded higher after the company reported second-quarter earnings and revenues that beat consensus analyst ...
In trading on Thursday, shipping shares were relative leaders, up on the day by about 2.6%. Leading the group were shares of Genco Shipping & Trading Limited (GNK), up about 31.1% and shares of Diana Shipping (DSX) up about 4.3% on the day.
OfficeMax Inc (OMX), the third-largest office supply chain, reported a higher quarterly operating profit On Thursday, helped by cost cuts and improvements in sales of services to corporations.
UBS on U.S. Hardline Retail: OfficeMax (NYSE: OMX) and OfficeDepot (NYSE: ODP) - Broken Record? Analyst, Michael Lasser, said, "We think there hasn't been much improvement in the performance of the office supply sector over the past few months.
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