Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.
Archive for February 8th, 2012
Stocks rally from early losses to close higher
Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.
Wall Street ends flat; Cisco gains after the bell
Stocks closed flat in another thinly traded session on Wednesday as Greece remained in a standstill over accepting tough reforms in exchange for a bailout critical to avoiding a chaotic default.
US stocks react to 2012 forecasts
Shares in IT outsourcing company Computer Sciences Corp (NYSE:CSC – News) soared as much as 25 per cent in the morning session as the company wrote down losses from a UK government contract.
Centrica off the boil after Petronas stake sale
Centrica was among the sharpest fallers yesterday as London stocks drifted lower for a third day.
Stocks Eke Out a Gain Amid Greek Debt Talks
Stocks squeezed out small gains in a thin, choppy session Wednesday, with the Nasdaq hitting multi-year highs, but gains were limited as Greek debt negotiations came to another halt.
U.S. stock indexes erase declines to end higher
U.S. stocks ended with mild gains on Wednesday, capping a day of wavering mostly lower after a news report that Greek had a draft plan that includes a 20% cut in its minimum wage. The Dow Jones Industrial Average added 5.75 points to 12,883.95.
STOCKS CLIMB AND IT SOUNDS LIKE WE’RE CLOSE TO A GREEK DEAL: Here’s What You Need To Know
Finally? Maybe?
Are Portfolio Managers Irrational?
Making big gains when good stocks get trashed: CME, VRTX, CSTR, TWIN.

