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Dow component Alcoa (AA) closed down, the stock has risen more than 9% Last week, Alcoa will be the first to announce the second-quarter results after the bell today to kicked off earnings season, the average estimate of Alcoa second-quarter earnings per share by analysts who accepted the survey of Thomson Reuters reach 12 cents.
Industrial plate fell; China reported that growth rate of imports for Love from rate of 48.3% to 34.1% in May, but the exports growth rate in June as high as 43.9% higher than the market expectations, United Technologies Corp. (UTX), Caterpillar (CAT) and Boeing (BA) and other technology stocks lower.
Software giant Microsoft (MSFT) closed higher, according to media reports that Microsoft has decided to cooperate with Japanese IT services company Fujitsu Limited (Fujitsu) in the cloud, it is possible announced a collaboration message in this week, Janney Capital Markets organizations will change Microsoft’s stock from “neutral” from “buy”, and said that “it still has a strong ability to create cash flow, and present a very attractive price level.”
The tech sector in S & P 500 index closed higher, raw materials and industrial plate down.
Posted: July 12th, 2010 under Breaking News.
Tags: dow johns, dow methocel, enter us market, the dow chemical co