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Google at Peak
Oct 21, 10:03 PM EDT |
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| Google led rally in Nasdaq and Caterpillar and Boeing drove Dow lower during the session. SanDisk clsoed up 22% and Chicago BOT was up 23%. |
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| Stocks with news on earnings dominated day's trading. Google and Caterpillar led averages in the opposite direction on two exchanges. Google stock rose $36.70 and Caterpillar stock fell $5.10. Recently listed IPO of Chicago BOT added another $21. SanDisk rose $10 on strong earnings. Robert Half added $5. |
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SanDisk jumps 20%
Oct 21, 3:14 PM EDT |
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| The Nasdaq is 1% in the green on Google's upbeat report, while Dow down 50 points, dragged by Caterpillar. Chicago BOT up 20%. |
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| On the earnings front Google rose 12.1%, posting sevenfold higher profit in the Q3 and nearly doubled revenue. SanDisk Corp. climbed 19.6% on doubled third-quarter earnings. Caterpillar's shares dropped 7% after posting third-quarter 34% income rise, but lowered full-year guidance. Xerox Corp's third-quarter profit sharply declined on charges, but the company met other expectations. Wyeth's quarterly profit is down 39%, hurt by restructuring charges, missing estimates. |
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