Midway through trading Friday, the Dow traded up 0.03 percent
to 16,446.14 while the NASDAQ declined 0.42 percent to 4,125.73.
The S&P also fell, dropping 0.13 percent to 1,829.64.
Top Headline Yesterday, FireEye (NASDAQ:
) reported that
it has acquired
privately-held Mandiant for $1.05 billion in a cash and stock
FireEye expected Q4 revenue of $55 million to $57 million,
versus its earlier forecast of $52 million to $54 million.
Equities Trading UP Shares of FireEye (NASDAQ:
) got a boost, shooting up 31.61 percent to $54.13 after the
company reported that it has acquired privately-held Mandiant for
$1.05 billion in a cash and stock deal.
Resources Connection (NASDAQ:
) shot up 7.38 percent to $15.29 after the company reported
upbeat FQ2 earnings.
Rite Aid (NYSE:
) was also up, gaining 8.13 percent to $5.45 after the company
reported a 2.9% gain in its December same-store sales.
Equities Trading DOWN Shares of IPC The Hospitalist Company
) were down 2.60 percent to $56.98 after Credit Suisse downgraded
the stock from Outperform to Neutral.
) tumbled 4.09 percent to $9.98 after analysts at
downgraded the stock from Hold to Sell.
General Motors Company (NYSE:
) was down, falling 2.60 percent to $39.88 after the company
reported a 6.3% drop in its U.S. auto sales in December.
Commodities In commodity news,
oil traded down 1.05 percent
to $94.45, while gold traded up 0.82 percent to $1,235.20.
Silver traded up 0.11 percent Friday to $20.15, while copper
fell 0.93 percent to $3.35.
Eurozone European shares
today. The Spanish Ibex Index rose 0.29 percent, while Italy's
FTSE MIB Index surged 1.02 percent. Meanwhile, the German DAX
gained 0.43 percent and the French CAC 40 rose 0.61 percent while
U.K. shares climbed 0.37 percent.
Economics Supplies of natural gas dropped 97 billion cubic
feet for the week ended December 27, the U.S. Energy Information
Crude supplies fell by 7 million barrels for the week ended
December 27, the U.S. Energy Information Administration said.
However, analysts were expecting a drop of 1.5 million
Federal Reserve Chairman Ben Bernanke is set to speak at 2:30
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