S&P 500
7,401.00
+0.91%
Dow Jones
49,665.70
+0.19%
Nasdaq 100
29,241.00
+2.43%
Russell 2000
2,860.88
+0.82%
FTSE 100
10,263.70
+0.48%
Nikkei 225
63,767.70
+2.68%

Investing

The Dow Gained 23 Points, Nasdaq Adds 7

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

From Street Insider

The Dow gained 23.24 points to close at 13264.62, the Nasdaq added 6.69 points to close at 2,572.15, and the S&P 500 added 3.23 points to close at 1,505.62. Oil fell $1.26 to close at $61.93.

Volume was modest with 2.83 billion shares trading on the NYSE and 2.31 billion trading on the Nasdaq. Advancers topped Decliners by a margin of 19:13 on the NYSE and 17:13 on the Nasdaq.

In individual stories…

Reuters Group PLC (Nasdaq: RTRSY) gained 26.8% after confirming it has received a preliminary approach from a third party which may or may not lead to an offer being made for Reuters. Dow Jones reports Thomson (NYSE: TOC) has approached Reuters with a proposal which may lead to an offer. The FT recently reported that Reuters is ready to review/endorse an offer from Thomson.

Also, Yahoo! (Nasdaq: YHOO) opened up over 15% after takeover rumors circulated that Microsoft (Nasdaq: MSFT) would acquire the internet portal. However, YHOO shares close up 9.9% when afternoon reports indicated MSFT was only looking for a partnership agreement not acquisition.

Today’s biggest loser was 21st Century Holding Co. (Nasdaq: TCHC) which fell 44.7% after the company reported Q1 EPS of $0.11, but said, "However, after considering significant factors that are expected to impact our earnings for calendar year 2007, annual Company guidance is hereby amended from $4.50 per share to $2.00 to $2.50 per share."

http://www.streetinsider.com/Special+Reports

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Douglas A. McIntyre |

Media Digest (2/4/2013) Reuters, WSJ, FT, Bloomberg

courtesy of AOL, IncJapan Airlines approaches Boeing Co. (NYSE: BA) about the cost of its grounded 787 Dreamliner fleet. (Reuters)…

Jon C. Ogg |

360-Degree Google Earnings Preview (GOOG, MSFT, YHOO)

Google Inc. (NASDAQ: GOOG) is set to report earnings after the close of trading on Thursday and this is likely…

Jon C. Ogg |

Next Week’s Major Earnings Previews (AXP, AMGN, MCD, VMW, MMM, EMC, JNJ, JNPR, VZ, YHOO, BA, COP, NFLX, QCOM, SBUX, UTX, MO, AMZN, T, GMCR, MSFT, POT, PG, SNDK)

Earnings season is in full swing and we have a back-breaker of an earnings week ahead of us.  There are…

Jon C. Ogg |

Top Earnings Previews for the Week Ahead (C, IBM, AAPL, BAC, KO, GS, INTC, JNJ, SCCO, YHOO, AXP, T, MSFT, GE, HON, MCD, VZ)

Jon OggEarnings season is upon us and so far things are shaping up either a bit better, or less-bad, than…

Douglas A. McIntyre |

Yahoo! Mum on Deal in Earnings (YHOO, MSFT)

Yahoo! Inc. (NASDAQ: YHOO) has posted its earnings of $0.10 non-GAAP EPS and $1.136 in ex-TAC revenues.  Thomson Reuters had…

Jon C. Ogg |

Key Equity Events To Watch For Wednesday (NDN, ACTV, AIG, CTXS, CSC, COST, HRL, NTAP, ORBK, TOL, YHOO, AEO, GES, RL)

Wednesday is setting up to be a busy day before what will turn into a long weekend in a hurry…

Jon C. Ogg |

Explaining the 40% Upside Call for Yahoo!

Yahoo.comYahoo! Inc. (NASDAQ: YHOO) was reinstated with coverage with a Buy rating at Goldman Sachs this morning. It is not…

Jon C. Ogg |

Earnings Calendar: Top Earnings To Watch Next Week (AA, JPM, DRWI, CHKP, FCS, HAS, MAT, SVU, CBST, GOOG, JBHT, BAC, SCHW)

Next week is supposed to mark the launch of earnings season.  It will still be a tad light compared the…

Jon C. Ogg |

Earnings Previews For Big Tech Giants (AAPL, JNPR, STX, VMW, YHOO, EMC, BIDU, EBAY, NFLX, QCOM, WDC, AMZN, MSFT, SNDK)

Earnings season is in full swing and many traders’ favorite technology stocks are reporting this week.  We have compiled previews…

Top Gaining Stocks

Akamai
AKAM • Vol: 21,556,944
Micron Technology
MU • Vol: 65,135,624
Intel
INTC • Vol: 227,504,426
Monster Beverage
MNST • Vol: 15,284,847
Dell Technologies
DELL • Vol: 12,167,525

Top Losing Stocks

Mettler Toledo International
MTD • Vol: 539,266
Motorola Solutions
MSI • Vol: 3,101,643
Expedia
EXPE • Vol: 4,189,786
Coterra Energy
CTRA • Vol: 73,319,495
Fidelity National Information Services
FIS • Vol: 11,468,820