Blue chips have 10,000 in sight as stocks rally

Date: Thu, 05 Nov 2009 12:00:59 -0500

Blue chips have 10,000 in sight as stocks rally

U.S. stocks extend Thursday's advance, putting the Dow industrials near the
10,000 level, as bulls take encouragement from economic data and an outlook
issues by Cisco Systems' CEO.

IS IMS HEALTH BEING STOLEN?

IMS Health's sale to private investors badly undervalues company, one
shareholder argues.

CVS SHARES PLUNGE ON PHARMA CONTRACT LOSSES

CVS Caremark Corp.shares plunge as much as 22% after the company announces the
loss of several billion dollars worth of major pharmacy benefit management
contracts, eclipsing its 39% jump in third-quarter profit.

JOBLESS CLAIMS FALL 20,000 TO 512,000

The number of people filing initial claims for state unemployment benefits
falls by 20,000 to a seasonally adjusted 512,000 in the week ending Oct. 31,
the Labor Department reports.

PRODUCTIVITY SOARS AT 9.5% PACE IN THIRD QUARTER

U.S. companies increase their output in the third quarter even as they slash
working hours, driving productivity up at a 9.5% annual rate in the quarter,
the Labor Department estimates.