[postlink]http://videotube4.blogspot.com/2011/02/qualitystocks-daily-video-4192007.html[/postlink]
http://www.youtube.com/watch?v=w3-jYf46Wloendofvid
[starttext]
Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily.
I'm James Christopher and for Thursday April 19th we're bringing you the latest news from around the markets as well as the top movers to look out for today...
(HEADLINE NEWS)
In Headline News Today...
The indices finished mixed for a second straight day and, in similar fashion to Tuesday's performance, the bulk of buying interest was dictated by gains in just a handful of blue chips. The Dow closed at a historic high, but all three major averages finished the day well off their best levels of the session
A day after a tame read on consumer inflation and solid earnings from two Dow components helped the index briefly eclipse its all-time closing high, the absence of any potentially troubling economic data and two more of the Dow 30 announcing upbeat quarterly results, alongside some other upbeat blue-chip news, helped power the Dow to its best finish ever
As evidenced by the 1.0% rally in Financials, a nearly 4% surge in shares of Dow component JP Morgan Chase (JPM 52.07 +1.89) was the biggest story of the day
The only other influential sector attracting buyers and telling the rest of the story behind today's move into unchartered territory for the Dow was Industrials. Boeing surged almost 4% to an all-time high and Fellow Dow component Caterpillar climbed almost 3% on the back of an analyst upgrade two days before it reports earnings
Technology was also in focus after Dow component Intel kicked things off last night with its Q1 report. Intel, a suggested holding posted an in-line report and revenues were a bit light; but management raising gross margin guidance for the full year helped restore investor confidence in its leadership position
Also helping Semiconductors turn in one of the day's best performances was Linear Technology which soared 12% as shareholders applauded its $3 bln stock buyback program
However, given such high expectations being priced into Yahoo! shares of late, first quarter results falling short of forecasts on both the top and bottom lines revived worries that estimates for the tech sector are still overly optimistic.
And now for our Small Cap News... brought to you by B2Digital, Inc. (BTOD.PK)
Avanir Pharmaceuticals shares were boosted over 300% on positive news that a clinical trial showed its drug Zenvia significantly lessened nerve pain in diabetic patients. patients given Zenvia reported significantly less pain, as well as significant improvements on pain relief scales and pain intensity scales over a 90 day period.
Avanir Pharmaceuticals engages in the development, acquisition, and commercialization of therapeutic products for the treatment of chronic human diseases. Previously at $1.27 a share Avanir (AVNR) opens today at $5.19 a share
Terra Nostra Resources Corporation today announced the engagement of Milbank, Tweed, Hadley & McCloy LLP as special counsel to assist the Company in applying for a listing on a major U.S. Stock Exchange
Terra Nostra Resources Corporation announced this month they have entered into an Equity Transfer Agreement with its Chinese Joint Venture partner whereby Terra Nostra can increase its ownership position to a maximum of 90% in both the Copper and Stainless Steel joint venture companies
The Company is strategically positioned to benefit from the continually increasing demand for both copper and stainless steel from major growth sectors in China including the automotive, high technology, infrastructure development and construction industries.
And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by Quality Stocks. Net. Where performance is tracked daily.
Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you tomorrow, right here on the daily report.
Please see Disclaimer on site: http://Disclaimer.QualityStocks.net
[endtext]
http://www.youtube.com/watch?v=w3-jYf46Wloendofvid
[starttext]
Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily.
I'm James Christopher and for Thursday April 19th we're bringing you the latest news from around the markets as well as the top movers to look out for today...
(HEADLINE NEWS)
In Headline News Today...
The indices finished mixed for a second straight day and, in similar fashion to Tuesday's performance, the bulk of buying interest was dictated by gains in just a handful of blue chips. The Dow closed at a historic high, but all three major averages finished the day well off their best levels of the session
A day after a tame read on consumer inflation and solid earnings from two Dow components helped the index briefly eclipse its all-time closing high, the absence of any potentially troubling economic data and two more of the Dow 30 announcing upbeat quarterly results, alongside some other upbeat blue-chip news, helped power the Dow to its best finish ever
As evidenced by the 1.0% rally in Financials, a nearly 4% surge in shares of Dow component JP Morgan Chase (JPM 52.07 +1.89) was the biggest story of the day
The only other influential sector attracting buyers and telling the rest of the story behind today's move into unchartered territory for the Dow was Industrials. Boeing surged almost 4% to an all-time high and Fellow Dow component Caterpillar climbed almost 3% on the back of an analyst upgrade two days before it reports earnings
Technology was also in focus after Dow component Intel kicked things off last night with its Q1 report. Intel, a suggested holding posted an in-line report and revenues were a bit light; but management raising gross margin guidance for the full year helped restore investor confidence in its leadership position
Also helping Semiconductors turn in one of the day's best performances was Linear Technology which soared 12% as shareholders applauded its $3 bln stock buyback program
However, given such high expectations being priced into Yahoo! shares of late, first quarter results falling short of forecasts on both the top and bottom lines revived worries that estimates for the tech sector are still overly optimistic.
And now for our Small Cap News... brought to you by B2Digital, Inc. (BTOD.PK)
Avanir Pharmaceuticals shares were boosted over 300% on positive news that a clinical trial showed its drug Zenvia significantly lessened nerve pain in diabetic patients. patients given Zenvia reported significantly less pain, as well as significant improvements on pain relief scales and pain intensity scales over a 90 day period.
Avanir Pharmaceuticals engages in the development, acquisition, and commercialization of therapeutic products for the treatment of chronic human diseases. Previously at $1.27 a share Avanir (AVNR) opens today at $5.19 a share
Terra Nostra Resources Corporation today announced the engagement of Milbank, Tweed, Hadley & McCloy LLP as special counsel to assist the Company in applying for a listing on a major U.S. Stock Exchange
Terra Nostra Resources Corporation announced this month they have entered into an Equity Transfer Agreement with its Chinese Joint Venture partner whereby Terra Nostra can increase its ownership position to a maximum of 90% in both the Copper and Stainless Steel joint venture companies
The Company is strategically positioned to benefit from the continually increasing demand for both copper and stainless steel from major growth sectors in China including the automotive, high technology, infrastructure development and construction industries.
And that's our newsmakers, Stay tuned right here to Quality Stocks Daily for the latest news from small cap to large cap, and everything in by Quality Stocks. Net. Where performance is tracked daily.
Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you tomorrow, right here on the daily report.
Please see Disclaimer on site: http://Disclaimer.QualityStocks.net
[endtext]
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