Thursday, April 23, 2009

4/23 Market Update

Dow: 7,957.06 +70.49
S&P 851.92 +8.37
10 yr 98.578 .92%
Oil: 49.66
EUR-USD 1.3145 +.0002



Headlines
Marriot: beats estimates stock up 12%
Ebay and Apple: stocks surge after yesterdays rosy earnings reports
NYSE EURONEXT up 14% on take over speculation
PACTIV: up 21% biggest mover in S&P on bullish profit estimates 
AMAZON beats EPS estimates
UPS 1st Q profits down 56% Brown is not killing it stock off 2.5% on news provided weaker Q2 profits in 45-55Cent range vs 65cents
AMEX beats estimates 32 cents vs 12 cents a share still down 56% from last year stock rallies 7.9% on news
MSFT quarterly revenue fell from the previous year first time in 23 year history 33 cents vs 47 from last year


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