Impressive Job Creations Lift Markets

Employers created an impressive 227,000 jobs in February to lift the markets during the midday with the Dow gaining 38 points to 12,946. Nasdaq climbed 21 points to 2991.

On the upside

Smith & Wesson (Nasdaq: SWHC) swung to a greater than expected profit for the third quarter as revenue climbed prompting the firearms maker to lift its full year guidance.

Wells Fargo analyst Jennifer Fritzsche wrote yesterday that Sprint (NYSE: S) will convert AT&T (NYSE: T) and T-Mobile users with its unlimited data plans.


Coffee Holding (Nasdaq: JVA) reported higher first quarter earnings as revenue more than doubled.


On the downside


Questcor (Nasdaq: QCOR) reported sequentially lower sales of its multiple sclerosis treatment Acthar.


Quiksilver (NYSE: ZQK) widened first quarter losses more than expected even as revenue rose.

Zogenix (NYSE: ZGNX) widened fourth quarter losses more than expected as revenue fell and the pharmaceutical forecast 2012 revenue below analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of 7 to 2 on the NYSE and by 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks surged 14 points to 820.

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