QualityStocks Daily Video 4/27/2007

Welcome to The Daily Stock Report...brought to you by QualityStocks.Net, performance tracked daily. I'm Cathy Hot Pants Rankin and for Friday April 27th 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... With the Dow soaring more than 800 points over the last four weeks, logging gains in 18 of the last 20 sessions, and finally eclipsing the psychologically significant 13,000 mark yesterday, it wasn't surprising to see blue chips take a bit of a breather Thursday Nonetheless, a sizable gain from one of the price-weighted index's most expensive names again helped the Dow close at a new all-time high. Before the bell, 3M Co. handily topped Wall Street forecasts with a 52% rise in Q1 profits and reaffirmed its Fiscal Year outlook, becoming the Dow's best performer. In fact, if it weren't for the rally in 3M shares, the Dow would have closed in negative territory. Fellow Dow component General Motors was the index's next best performer, surging 4.3% after rival Ford posting a narrower than expected Q1 loss gave investors hope that GM will also surprise the street.Despite a late-day downturn in oil prices, Exxon Mobil turning in a commendable performance was also noteworthy. The world's largest publicly-traded component closed at a new all-time high after shareholders applauded better than expected earnings even though the average price of U.S. crude was 8% lower in Q1 versus last year.The Dow, which has risen in 18 of the past 20 sessions and gained more than 780 points in that time, closed at 13,089.89, up 135.95, or 1.05 percent. It was the Dow's 35th record close since the start of October. Of the four sectors finishing with gains, Technology was really the only bright spot following a blowout report from Apple Last night, Apple posted an 88% jump in Q2 earnings on robust iPod sales and surged as much as 7.5% intraday before still finishing strong at an all-time high Turning in an even better performance on the tech-heavy Nasdaq, though, was Amazon.com, which tacked a 10.5% gain onto yesterday's giant 27% surge. The Discretionary sector was also in focus after Harman International agreed to be taken private in an $8 bln deal and Wendy's put itself up for sale And now for our Small Cap News... brought to you by CanAm Uranium Corp. CanAm Uranium Corp. (CAUI.OB) engages in the exploration of natural resource properties. The company holds an option to acquire up to 80% interest in 8 Bancroft Uranium Projects comprising 37 mineral claims covering an area of approximately 9,765 acres, located in the Bancroft area of southeastern Ontario in Canada IntegraMed America, Inc. This month announced a Partner Service arrangement with the GBMC Fertility Center in Baltimore, Maryland to provide a full range of business, marketing and facility services.IntegraMed provides business services to a national network of 30 fertility centers in 86 locations across the United States. The company also distributes pharmaceutical products and treatment financing programs directly to consumersThe company opens their day today at $13.97 cents a shareIT Group Holdings Inc. announced today they have recently signed four more new contracts with active Resellers in the UK for its wholesale line rental and telephone call minutes. These contracts represent a mixed base of revenues of approximately 60% from small and medium-sized enterprises (SMEs) and approximately 40% from residential consumers.T Group Holdings Inc. operates as a leading global provider of telecommunications services. (ITGL) has established itself as a fast expanding wholesale carrier-operator supplying service providers and businesses with low cost telecommunications lines as well as competitive and high quality telephone call services.IT Holdings (ITGL) opens its day today at $0.30 cents a share.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 QualityStocks.Net, where performance is tracked daily.Thank you for tuning in, I'm Cathy Rankin, Have a great day and we'll see you next week, right here on the daily report.Please see Disclaimer on site: http://Disclaimer.QualityStock...

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: QualityStocks

Length: 04:36
Rating: N/A
Views: 1464

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