Friday, September 21, 2007

U.S. stocks lifted as Nike, Oracle earnings top estimates

11:51 am ET Sep 21, 2007

DJIA

13,858

+91.45

S&P

1,529

+10.99

NASDAQ

2,678

+23.74

10Yr

4.66%

-0.012

U.S. stocks lifted as Nike, Oracle earnings top estimates

NEW YORK
U.S. stocks climbed Friday, with positive earnings from Oracle Corp. and
Nike Inc. helping set a positive tone in what could prove to be a
volatile session as key futures and options contracts expire.

Nike profit surges on Europe, Asia gains

NEW YORK
Nike Inc., the world's largest athletic-shoe maker, said Thursday that
first-quarter profit surged 51%, beating estimates, helped by a tax
benefit and gains in Europe and Asia.

Texas Instruments authorizes further buybacks, hikes dividend

SAN FRANCISCO
The board of Texas Instruments Inc. authorized further funds for stock
repurchases and hiked the cell-phone chipmaker's cash dividend for the
second time this year, sending TI's shares higher Friday.

Oracle shares hit new high on upbeat earnings report

SAN FRANCISCO
Oracle Corp. shares rose more than 4% in early trading Friday following
a strong first-quarter profit report from the business software maker
early Friday.

Metals Stocks: Gold gains after tapping a 27-year high, ready for a
weekly gain

SAN FRANCISCO
Gold futures climbed Friday, trading slightly below the 27-year high
they saw in electronic trading, but ready to score a gain of more than
$25 an ounce for the week as a weak dollar and high oil prices continued
to help fed demand for the precious metal.

0 Comments:

Post a Comment

<< Home