Stocks
U.S. Stocks Extend Advance on Growing Speculation EU Will Support Greece U.S. stocks rallied, sending the Dow
Jones Industrial Average back above 10,000, as prospects for a
bailout of Greece eased concern that deteriorating government
finances will derail the global economic recovery.
Solar Capital Falls After Junk Bond Investor Cuts Price of $93 Million IPO Solar Capital Ltd., which invests in
companies with junk-rated debt, fell in its first day of trading
after cutting the price for its $93 million initial public
offering by as much as 12 percent.
Alpha Natural, Caterpillar, Hartford Financial, Vishay: U.S. Equity Movers Shares of the following companies had
unusual moves in U.S. trading. Stock symbols are in parentheses.
Prices are as of 4 p.m. in New York.
Bovespa Jumps as Rising Real Boosts Airlines, Global Deficit Concerns Ease Brazil stocks rose the most since
November, extending the Bovespa index’s rebound from a three-
month low, as a stronger currency boosted the nation’s biggest
airlines and Itau Unibanco Holding SA said earnings surged.
Canadian Stocks Gain as U.S. Dollar Declines, Boosting Commodity Prices Canadian stocks rose, led by
commodity companies, as gold, copper and oil prices rallied
after European Union officials stepped closer to helping Greece
address its budget deficit.
NYSE Shares Rally Most Since October After Beating Average Profit Estimate NYSE Euronext, the world’s largest
owner of stock exchanges, rose the most in almost four months
after expense cuts and more derivatives trading helped the
company report higher profit than the average analyst estimate.
Most European Stocks Gain; National Bank of Greece, Swatch Shares Advance Most European stocks advanced as
investors speculated the European Union will assist Greece in
tackling its budget deficit and Swatch Group AG posted better-
than-estimated earnings, overshadowing a decline by UBS AG.
German Stocks Advance for Second Day, Led by MAN, Deutsche Bank; SAP Drops German stocks advanced for a second
day after an unexpected increase in exports in Europe’s largest
economy countered a fourth day of losses in SAP AG.
Sell Bullish Options on European Banks Index, Barclays Strategists Say Shareholders in HSBC Holdings Plc,
Banco Santander SA and other European banks should sell bullish
options on the continent’s lenders because they may decline on
sovereign debt risk and lower profitability, Barclays Plc said.
Swiss Market Index Fluctuates; Swatch Shares Advance, While UBS Declines Swiss stocks swung between gains and
losses as better-than-expected earnings at Swatch Group AG
offset a bigger-than-expected increase in withdrawals by wealthy
clients at UBS AG.
Greek, Italian Lenders Downgraded at Goldman Sachs on Higher Funding Costs National Bank of Greece SA and
Hellenic Postbank SA were cut to “sell” from “neutral” at
Goldman Sachs Group Inc., saying profitability won’t return to
levels before the country’s budget woes in the “medium-term.”
Chongqing Changan, Fajarbaru, Fraser, Petron: Asia Ex-Japan Equity Preview The following companies may have
unusual price changes in Asia trading, excluding Japan. Stock
symbols are in parentheses, and share prices are from the
previous close, unless noted otherwise.
FEEDBACK
HOME
