Rabu, 30 Oktober 2013

Big Mon for These 3 Stocks

It was a rather deadening begin to the week on Mon. Markets were basically flat, with the S&P five hundred up a tick and also the information system down a tick. however it absolutely was a giant day for many high-profile stocks.

In order of market cap, they were:
Bristol-Myers Squibb (BMY): Shares of the large-capitalization drugmaker shot up half dozen.7% on Mon on positive results from a replacement antineoplastic drug. A study found that forty second of carcinoma patients treated with the company’s new drug nivolumab were alive when one year. At $52, Bristol-Myers shares closed at AN incomparable  high.
Burger King (BKW): Promising third-quarter earnings gave the fast-food chain a five.8% boost. Overseas growth spurred better-than-expected sales, netting a profit that was thirty second above identical quarter a year past.
J.C. Penney (JCP): bear in mind this ostensibly down-and-out retailer? the corporate has been during a tailspin the last 2 years, with the stock falling eightieth getting into the day. these days was a rare bye for JCP, however. The stock rose nearly Sept. 11 when business executive electro-acoustic transducer Ullman foreseen positive same-store sales within the third quarter. We’ll grasp needless to say on November. 19, once the corporate reports earnings.
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