d*2
发帖数: 2053 | 1 http://business.financialpost.com/2011/02/07/u-s-stocks-rise-to
Reuters February 7, 2011 – 1:15 pm
NEW YORK — U.S. stocks rose Monday as a flurry of merger news and solid
earnings boosted investors’ appetite for equities, pushing the Dow and the
S&P 500 to their highest levels since June 2008.
Buying accelerated after the S&P 500 broke through the high end of its
recent range, suggesting Wall Street has the strength to move the market
higher.
“What’s helping us today are the fundamentals. M&A activities are a good
sign for the stock market, and it’s a ’feel good’ momentum,” said Ryan
Detrick, senior technical analyst at Schaeffer’s Investment Research in
Cincinnati, Ohio.
The Dow Jones industrial average was up 82.50 points, or 0.68%, at 12,174.65
. The Standard & Poor’s 500 Index was up 10.19 points, or 0.78%, at 1,321.
06. The Nasdaq Composite Indexas up 23.67 points, or 0.85%, at 2,792.97.
Diversified industrial company Danaher Corp agreed to buy medical
diagnostics company Beckman Coulter Inc for about US$6.8-billion and oil
drilling company EnsCo Plc will buy rival Pride International Inc for about
US$7.3-billion.
The deals suggested stock valuations are viewed as attractive. Danaher Corp
rose 3.4% to US$49.59 and Beckman Coulter rose 9.7% to US$82.49.
EnsCo fell 4.5% to US$51.91 while Pride International rose 15.8% to US$39.84.
Loews Corp reported its best quarter of the year, posting a better-than-
expected 16 percent jump in profit. The conglomerate’s stock gained 4.8% to
US$43.40.
About 72% of S&P 500 companies that have reported results so far posted
stronger-than-expected earnings, according to Thomson Reuters data.
Investors expect aggregate earnings rose 37 percent in the last quarter, the
highest estimate for that period in more than 10 months.
Adding to Wall Street’s image problem, Nasdaq OMX Group said on Saturday
that computer hackers had infiltrated the operator of the Nasdaq Stock
Exchange.
“Hacking is going to be a global problem and like a war breaking out, it is
hard to hedge against it. There will be concerns, but it’s not going to
have an impact on how investors see opportunities for the stock market,”
said Joe Battipaglia, market strategist at a private client group for Stifel
Nicolaus in Philadelphia.
Struggling U.S. Internet company AOL Inhas agreed to buy The Huffington Post
, the rapidly growing news, analysis and lifestyle website, for US$315-
million. AOL shares fell 1.1% to US$21.70.
UBS raised its 2011 target for the S&P 500 index by 7.5% to 1,425 from 1,325
, citing an improving outlook for the economy and earnings.
© Thomson Reuters 2011 | q**j
发帖数: 10612 | 2 很感兴趣ubs如何figure out 1425这么个数字。
http://business.financialpost.com/2011/02/07/u-s-stocks-rise-to
Reuters February 7, 2011 – 1:15 pm
NEW YORK — U.S. stocks rose Monday as a flurry of merger news and solid
earnings boosted investors’ appetite for equities, pushing the Dow and the
S&P 500 to their highest levels since June 2008.
Buying accelerated after the S&P 500 broke through the high end of its
recent range, suggesting Wall Street has the strength to move the market
higher.
“What’s helping us today are the fundamentals. M&A activities are a good
sign for the stock market, and it’s a ’feel good’ momentum,” said Ryan
Detrick, senior technical analyst at Schaeffer’s Investment Research in
Cincinnati, Ohio.
The Dow Jones industrial average was up 82.50 points, or 0.68%, at 12,174.65
. The Standard & Poor’s 500 Index was up 10.19 points, or 0.78%, at 1,321.
06. The Nasdaq Composite Indexas up 23.67 points, or 0.85%, at 2,792.97.
Diversified industrial company Danaher Corp agreed to buy medical
diagnostics company Beckman Coulter Inc for about US$6.8-billion and oil
drilling company EnsCo Plc will buy rival Pride International Inc for about
US$7.3-billion.
The deals suggested stock valuations are viewed as attractive. Danaher Corp
rose 3.4% to US$49.59 and Beckman Coulter rose 9.7% to US$82.49.
EnsCo fell 4.5% to US$51.91 while Pride International rose 15.8% to US$39.84.
Loews Corp reported its best quarter of the year, posting a better-than-
expected 16 percent jump in profit. The conglomerate’s stock gained 4.8% to
US$43.40.
About 72% of S&P 500 companies that have reported results so far posted
stronger-than-expected earnings, according to Thomson Reuters data.
Investors expect aggregate earnings rose 37 percent in the last quarter, the
highest estimate for that period in more than 10 months.
Adding to Wall Street’s image problem, Nasdaq OMX Group said on Saturday
that computer hackers had infiltrated the operator of the Nasdaq Stock
Exchange.
“Hacking is going to be a global problem and like a war breaking out, it is
hard to hedge against it. There will be concerns, but it’s not going to
have an impact on how investors see opportunities for the stock market,”
said Joe Battipaglia, market strategist at a private client group for Stifel
Nicolaus in Philadelphia.
Struggling U.S. Internet company AOL Inhas agreed to buy The Huffington Post
, the rapidly growing news, analysis and lifestyle website, for US$315-
million. AOL shares fell 1.1% to US$21.70.
UBS raised its 2011 target for the S&P 500 index by 7.5% to 1,425 from 1,325
, citing an improving outlook for the economy and earnings.
© Thomson Reuters 2011
【在 d*2 的大作中提到】
: http://business.financialpost.com/2011/02/07/u-s-stocks-rise-to
: Reuters February 7, 2011 – 1:15 pm
: NEW YORK — U.S. stocks rose Monday as a flurry of merger news and solid
: earnings boosted investors’ appetite for equities, pushing the Dow and the
: S&P 500 to their highest levels since June 2008.
: Buying accelerated after the S&P 500 broke through the high end of its
: recent range, suggesting Wall Street has the strength to move the market
: higher.
: “What’s helping us today are the fundamentals. M&A activities are a good
: sign for the stock market, and it’s a ’feel good’ momentum,” said Ryan
| x***m
发帖数: 1733 | 3 hunting season is over. hehe
the
【在 d*2 的大作中提到】
: http://business.financialpost.com/2011/02/07/u-s-stocks-rise-to
: Reuters February 7, 2011 – 1:15 pm
: NEW YORK — U.S. stocks rose Monday as a flurry of merger news and solid
: earnings boosted investors’ appetite for equities, pushing the Dow and the
: S&P 500 to their highest levels since June 2008.
: Buying accelerated after the S&P 500 broke through the high end of its
: recent range, suggesting Wall Street has the strength to move the market
: higher.
: “What’s helping us today are the fundamentals. M&A activities are a good
: sign for the stock market, and it’s a ’feel good’ momentum,” said Ryan
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