Stocks on the move
Real-time equity news
U.S. stock market report
1634 ET 11Feb2010-AFTER THE BELL
Cheesecake Factory, Panera Bread fall
Shares of Cheesecake Factory fell 6 percent while shares of Panera Bread Co slipped 2.6 percent after the bell on Thursday as the companies reported results.
Shares of Cheesecake Factory were down at $21.30 after closing at $22.66 on Nasdaq, while shares of Panera Bread were down at $71 after closing at $72.91, also on Nasdaq.
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Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
1613 ET 11Feb2010-AFTER THE BELL
Chipotle Mexican Grill falls after results
Shares in Chipotle Mexican Grill Inc fell 2.8 percent to $96.74 after the company reported quarterly results on Thursday. Initially the shares had traded up after the report.
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Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
1627 ET 11Feb2010-US STOCKS
Wall St ends up as EU vows support for Greece
Wall Street ended higher on Thursday after a pledge by European leaders to support debt-ridden Greece eased fears of a possible sovereign default.
The Dow Jones industrial average rose 105.81 points, or 1.05 percent, to end at 10,144.19. The Standard & Poor's 500 Index gained 10.34 points, or 0.97 percent, to close at 1,078.47. The Nasdaq Composite Index was up 29.54 points, or 1.38 percent, at 2,177.41.
Reuters Messaging: angela.moon.reuters.com@reuters.net
1617 ET 11Feb2010-US SMALL/MIDCAPS
Stocks gain, boosted by energy sector
U.S. Mid- and small-capitalization stocks rose on Thursday, helped by gains in energy shares following upbeat quarterly results from Lufkin Industries Inc and a rise in oil prices.
Oilfield services company Lufkin, a top gainer on the S&P SmallCap 600 index, reported a quarterly profit that beat estimates and said it was 'cautiously optimistic' about 2010. For details, see Its shares jumped 7.4 percent to $71.57.
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Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
1529 ET 11Feb2010
Potential bearish pattern spotted on S&P chart: analyst
When the 1,080 mark was broken for the S&P 500, a level seen as the green support line, the index saw a steep plunge and has been trying to claw its way back up since, said Bryan McCormick, analyst at optionmonster in comments on the Web site. 'So far, 1,080 has proved to be an elusive upside goal, as stubborn a resistance level now as it once was support. There is a new bearish formation developing,' McCormick said. He added that this is only a potential pattern that won't become active unless the index breaks below the 1,060 area, which it came very close to doing so earlier in the day before the nearly vertical rise back to the top of the pattern at 1,078. That is also just a notch above the 10-day moving average, which is considered the downtrend resistance line, last at 1,076.54. If the pattern triggers below 1,060, the downside potential is to the 1,020 area, according to McCormick. This is also near the 200-day moving average, last at 1,023. If the index instead can close above 1,078 or higher, the pattern will be at the very least inactive if not broken outright, he said.
Reuters Messaging: angela.moon.reuters.com@reuters.net
Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Real-time equity news
U.S. stock market report
1634 ET 11Feb2010-AFTER THE BELL
Cheesecake Factory, Panera Bread fall
Shares of Cheesecake Factory fell 6 percent while shares of Panera Bread Co slipped 2.6 percent after the bell on Thursday as the companies reported results.
Shares of Cheesecake Factory were down at $21.30 after closing at $22.66 on Nasdaq, while shares of Panera Bread were down at $71 after closing at $72.91, also on Nasdaq.
For more please double click
Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
1613 ET 11Feb2010-AFTER THE BELL
Chipotle Mexican Grill falls after results
Shares in Chipotle Mexican Grill Inc fell 2.8 percent to $96.74 after the company reported quarterly results on Thursday. Initially the shares had traded up after the report.
For more please double click
Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
1627 ET 11Feb2010-US STOCKS
Wall St ends up as EU vows support for Greece
Wall Street ended higher on Thursday after a pledge by European leaders to support debt-ridden Greece eased fears of a possible sovereign default.
The Dow Jones industrial average rose 105.81 points, or 1.05 percent, to end at 10,144.19. The Standard & Poor's 500 Index gained 10.34 points, or 0.97 percent, to close at 1,078.47. The Nasdaq Composite Index was up 29.54 points, or 1.38 percent, at 2,177.41.
Reuters Messaging: angela.moon.reuters.com@reuters.net
1617 ET 11Feb2010-US SMALL/MIDCAPS
Stocks gain, boosted by energy sector
U.S. Mid- and small-capitalization stocks rose on Thursday, helped by gains in energy shares following upbeat quarterly results from Lufkin Industries Inc and a rise in oil prices.
Oilfield services company Lufkin, a top gainer on the S&P SmallCap 600 index, reported a quarterly profit that beat estimates and said it was 'cautiously optimistic' about 2010. For details, see Its shares jumped 7.4 percent to $71.57.
For more please double click
Reuters Messaging rm://caroline.valetkevitch.reuters.com@reuters.net
1529 ET 11Feb2010
Potential bearish pattern spotted on S&P chart: analyst
When the 1,080 mark was broken for the S&P 500, a level seen as the green support line, the index saw a steep plunge and has been trying to claw its way back up since, said Bryan McCormick, analyst at optionmonster in comments on the Web site. 'So far, 1,080 has proved to be an elusive upside goal, as stubborn a resistance level now as it once was support. There is a new bearish formation developing,' McCormick said. He added that this is only a potential pattern that won't become active unless the index breaks below the 1,060 area, which it came very close to doing so earlier in the day before the nearly vertical rise back to the top of the pattern at 1,078. That is also just a notch above the 10-day moving average, which is considered the downtrend resistance line, last at 1,076.54. If the pattern triggers below 1,060, the downside potential is to the 1,020 area, according to McCormick. This is also near the 200-day moving average, last at 1,023. If the index instead can close above 1,078 or higher, the pattern will be at the very least inactive if not broken outright, he said.
Reuters Messaging: angela.moon.reuters.com@reuters.net
Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.