2011年10月12日星期三

US MARKET BREAKING NEWS, 12 OCT 2011

1. Pepsico Profit $1.31 per Share Ex-Items vs $1.30 Estimated
 2.  Stocks gained at the open Wednesday as Slovakia moved to reach a deal on expanding the EFSF rescue fund and investors shrugged off a disappointing start to earnings season after Alcoa missed forecasts.
 
BofA led the Dow gainers, while Alcoa slumped. 
3. Stocks added to their gains Wednesday, led by financials, after news Slovakian politicians reached an accord to approve the EFSF expansion by Friday. Citigroup rallied, while Alcoa slumped.
 4. The Dow Jones Industrial Average rallied Wednesday to turn positive for 2011.
 5. Stocks lost steam in the final hour of trading after a report that European banks may shrink to meet higher reserve targets, but still finished higher Wednesday amid optimism that Slovakian politicians reached an agreement to approve the EFSF expansion.
 

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