Monthly Archive:: July 2009

Intel, Motorola, Capital One Popped While Yum & Fifth Street Dived

Alcatel-Lucent shares rose 14%. Merrill Lynch raised its rating on the telecom-equipment maker to buy from neutral, saying the stock is oversold after falling 20% from its recent peak. The broker told clients that its upgrade isn’t a call on the quarter, although it does expect a sequential improvement in operating margins

Inflation At The Consumer Level Rose By 0.7 Percent

The market moved broadly higher at the open this morning as positive earnings reports outweighed lack lackluster economic data. The Commerce Department said inflation at the consumer level rose by 0.7 percent last month, slightly higher than the 0.6 percent increase that economists were expecting. It was the biggest one-month gain since