Following the market opening Friday, the Dow traded up 0.32
percent to 16,494.19 while the NASDAQ surged 0.10 percent to
4,147.05. The S&P also rose, gaining 0.24 percent to
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 21.81 percent to $50.10 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 9.27 percent to $15.56 after the company reported
upbeat FQ2 earnings.
Rite Aid (NYSE:
) was also up, gaining 7.44 percent to $5.42 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 3.73 percent to $56.32 after Credit Suisse downgraded
the stock from Outperform to Neutral.
) tumbled 3.22 percent to $10.07 after analysts at
downgraded the stock from Hold to Sell.
) was down, falling 2.84 percent to $34.52 after Bank of America
downgraded the stock from Buy to Neutral.
Commodities In commodity news,
oil traded down 0.06 percent
to $95.38, while gold traded up 0.34 percent to $1,229.40.
Silver traded down 0.21 percent Friday to $20.09, while copper
fell 0.74 percent to $3.36.
Eurozone European shares
today. The Spanish Ibex Index rose 0.64 percent, while Italy's
FTSE MIB Index surged 1.15 percent. Meanwhile, the German DAX
gained 0.40 percent and the French CAC 40 rose 0.50 percent while
U.K. shares climbed 0.32 percent.
Economics The Energy Information Administration will release
weekly report on petroleum inventories at 11:00 a.m. ET.
Federal Reserve Chairman Ben Bernanke is set to speak at 2:30
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