DJIA 12,442.16; Up 25.56 (0.21%)
NASD 2,459.33; Up 15.50 (0.63%)
S&P500 1,414.85; Up 2.74 (0.19%)
10YR-Bond 4.682% Up 0.026
NYSE Volume 2,698,448,000
NASD Volume 2,242,837,000
Apple (AAPL) continued its meteoric rise up another 4.8% to $97.00 (new highs) after analysts raised targets and estimates as expected.
eBay (EBAY) fell 1.3% to $25.28 after reports surfaced it was buying StubHub for some $300 million, a hefty sum.
Eastman Kodak (EK) proved irrelevance by falling 1.4% to $25.28 after selling ist health imaging unit for some $2.55 Billion.
Placer Sierra (PLSB) rose 15% to $27.19 after Wells Fargo acquired the company at a rough 20% premium; see the Bait Shop call that is a similar stock to Placer Sierra.
Gap (GPS) Fell 0.75% to $20.04 after firing some key managers at Gap Adult and Old Navy, but they kept Pressler on as CEO (one of 10 CEOS that need to go).
Sears Holdings (SHLD) rose 3.5% to $172.09 on higher earnings and lower same-store-sales. See our take.
International Aluminum (IAL) rose 4% to $52.08 after Genstar Capital announced a $51 buyout, anticipating a higher price.
Alcoa (AA) rose 6% to $30.23 after beating yesterday’s earnings.
Adaptec (ADPT) fell 7% to $4.16 on an earnings warning.
JCrew (JCG) fell 4% to $36.24 after the private equity owners sold 1/3 of their holdings into the lock-up expiration.
Walgreens (WAG) fell 0.7% to $45.58 on a $1 Billion share buyback plan.
Exxon (XOM) fell 1.5% to $70.99 on lower oil prices and Chevron (CVX) fell 1.7% to $69.41 on earnings and margin warnings.
Jon C. Ogg