Archive for September, 2010

Asian stocks advance as China data boosts hopes (Reuters)

Reuters – Asian stocks rose on Friday as stronger-than expected economic indicators from China and the United States boosted confidence in the global economic recovery.

Market Close for Thursday, September 30, 2010

Tis the end of the quarter (Q3-10). After the close… We have ACN +3.4% following its earnings report. Tthe major averages managed to obtain fresh multi-month highs in the early going, but a loss of support left stocks to settle with losses. So we had a lackluster finish to September, which actually brought the stock [...]

Market Close for Wednesday, September 29, 2010

After the close… We have HYC +45% after an acquisition proposal from PAY. The major averages slipped on Wednesday as the broader market followed the financial sector. Notable names to report earnings after the close include WOR and XRTX. In the news, PAY has proposed to acquire HYC for $5.25/share in cash. Futures are higher [...]