The markets closed sharply higher with
the
Dow surging 152 points to 12,724 after European leaders finalized a bailout package for Greece. Nasdaq gained 20
points to 2834.
On the upside
Activist investor Carl Icahn urged Motorola Mobility (NYSE: MMI) to monetize its extensive portfolio of patents.
Analysts expect Cell Therapeutics (Nasdaq: CTIC) to report a second quarter loss next week.
Shares of Sino-Global Shipping (Nasdaq: SINO) continued climbing after announcing yesterday a strategic partnership with COSCO Container Shipping Agency.
First quarter earnings plunged for Cirrus Logic (Nasdaq: CRUS) and the chipmaker forecast second quarter results below estimates.
Western Digital (NYSE: WDC) disappointed with sharply lower fourth quarter earnings.
Travelzoo (Nasdaq: TZOO) reported higher second quarter earnings but the results fell far short of analyst expectations.