Financial
G20 Pledge Boosts Markets

Pledges by the G20 for new policies that would increase the world economy by $2 trillion over five years boosted the markets to a sharply higher open with the Dow soaring 129 points to 16,233. Nasdaq climbed 32 points to 4295.

On the upside

RF Micro Devices (Nasdaq: RFMD) will pay approximately $1.6 billion in stock to acquire TriQuint Semiconductor (Nasdaq: TQNT).

Men's Wearhouse (NYSE: MW) increased its acquisition offer for Jos. A Bank (Nasdaq: JOSB) from $57.50 per shares to $63.50 per share.

GT Advanced Technologies (Nasdaq: GTAT) narrowed fourth quarter losses more than expected.

On the downside


Profit taking weighed down shares of MicroVision (Nasdaq: MVIS).

Barron's wrote that Kinder Morgan Energy Partners (NYSE: KMP) was overvalued.

Bank of America-Merrill Lynch downgraded 3D Systems (NYSE: DDD) from a Buy rating to an Underperform rating.

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 climbed 13 points to 1849. Bitcoin plunged $116.94 or 58.47% to $200.00.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here
 
 


 

Pay It Forward
Fresh Living
Family Matters
Road Trippin
Hooked On Utah

Advertise with us!