Financial Stocks are leading the gains with Bank of America Corporation (NYSE:BAC) jumped mover 2%, followed by Citigroup Inc. (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Company (NYSE:WFC).
One of the biggest retailer, Dollar Tree, Inc. (NASDAQ:DLTR) jumped 12% to $55.50 and today made an all time high of $56. Today, the company reported stronger-than-expected quarterly earnings and also provided a rosy outlook for the current fiscal year.
STEC, Inc. (NASDAQ:STEC) is the biggest percentage gainer after the company said that it expect to report loss of 11 - 13 cents a share in the current quarter, while analysts are expecting to report a profit of 20 cents a share.
Autodesk, Inc. (NASDAQ:ADSK) also edging higher after it reported a stronger than expected qurtely earnings.
H&R Block, Inc. (NYSE:HRB) plunged 14.39% to $16.89after it said that it will miss its internal estimate for fiscal 2010 earnings because it is preparing fewer tax returns than it expected to, sending shares down more than 10%.
Bowne & Co., Inc. (NYSE:BNE) share soared 60% to $11.16 after Printing services firm R.R. Donnelley & Sons Company (NASDAQ:RRD) has agreed to acquire Bowne & Co Inc (BNE.N), which helps companies print regulatory filings, for $481 million.
Shares of RRD are also trading over 3% up.
Alcoa Inc. (Public, NYSE:AA) fell 0.6%.
C, WFC, JPM, BAC, DLTR, STEC, ADSK, HRB, BNE, RRD, AA
Thursday, February 25, 2010
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