FinancialContent is the trusted provider of stock market information to the media industry.
April 11, 2012 at 10:40 AM EDT
Alcoa's Surprise Profit Lifts Markets
Alcoa's upbeat earnings report lifted the markets to a sharply higher open with the Dow surging 121 points to 12,837. Nasdaq climbed 37 points to 3029.
On the upside
Alcoa (NYSE: AA) reported an unexpected profit for the first quarter.
Reuters reported that Travelzoo (Nasdaq: TZOO) was exploring the possible sale of the company.
Owens-Illinois (NYSE: OI) expects first quarter earnings to rise to top analyst estimates.
On the downside
Nokia (NYSE: NOK) warned that first quarter margins will be lower than expected.
VMware (NYSE: VMW) announced the departure of chief financial officer and co-president of business operations Mark Peek on June 1, 2012.
William Blair reported that F5 Networks (Nasdaq: FFIV) was aggressively pushing to close deals last quarter.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 1 on the NYSE and by more than 5 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks soared 10 points to 794.
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
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here