FinancialContent is the trusted provider of stock market information to the media industry.
June 15, 2012 at 18:31 PM EDT
Anticipation Of Central Bank Action Boosts Markets
Optimism that central banks will stabilize the financial markets boosted the markets to a sharply higher close with the Dow soaring 115 points to 12,767. Nasdaq surged 36 points to 2872.
On the upside
Shares of e-Commerce China Dangdang (NYSE: DANG) continued rising announcing on Wednesday a partnership to operate the online sales channels for Tencent Holdings.
GOL Linhas (NYSE: GOL) will discontinue its high cost, low profit flights to Santiago, Chile.
On the downside
Alaska Communications (Nasdaq: ALSK) declared a quarterly dividend of $0.05 per share payable on July 18, 2012 to shareholders of record June 29, 2012.
A Seeking Alpha contributor listed Telecom Argentina (NYSE: TEO) as one of three undervalued mid-cap stocks with high yield but the stock price dropped.
Verizon Wireless (NYSE: VZ) named Russ Preite to the position of president of Northern California/Nevada/Hawaii Region.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 8 points to 771.
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