Gain In Wholesale Inventories Lifts Markets

Wholesale inventories rose more than expected in February to lift the markets higher during the midday with the Dow climbing 37 points to 10,964. Nasdaq gained 9 points to 2446.

On the upside

Lihua International (Nasdaq: LIWA) priced its public offering of more than 3.7 million common shares at $8.05 per share.

Glimcher Realty Trust (NYSE: GRT) refinanced its Mall at Johnson City into a ten year 6.76% fixed interest rate $55 million loan.

Manatee County selected Jacobs Engineering (NYSE: JEC) manage construction of its $20 million Fort Hamer Bridge project.

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