US Stock Market Wrap (DEC 5, 2006)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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DJIA    12,331.60; Up 47.75 (0.39%)
NASDQ    2,452.38; Up 3.99 (0.16%)
S&P500    1,414.76; Up 5.64 (0.40%)
10YR-Bond    4.442%     Up 0.009
NYSE Volume    2,717,668,000
NASD Volume    1,963,499,000

Apple (AAPL) rose only 0.15% to $91.27 after it was reiterated as Outperform at Piper Jaffray and reiterated as Buy at UBS.

AQuantive (AQNT) rose 3.5% to $25.15 after the stock raised to Buy at Oppenheimer afterrecent weakness.

Auto Zone (AZO) rose 4% to $119.29 after the company posted EPS at $1.73 vs $1.68e.

Central Garden & Pet (CENT) rose 2.6% to $52.88 as it was named as an addition to the S&P Small Cap 600 Index.

Exlservice (EXLS) fell 5% to $20.86 after it was started as Underweight at Lehman.

Blue Nile (NILE) rose 3% to $34.92 after the online jeweler was raised to Outperform at RBC.

Food Technology (VIFL) rose an unbelievable 40% to $3.01, although shares had been up 100% after reports of listeria and after e.coli news because they make food irradiation machines.

Henry Schein (HSIC) closed down 6% to $50.44 after the company cut its EPS targets after yesterdays close.

Jamba Juice (JMBA) fell 3.4% to $10.86 after saying it received batches of strawberries that went to stores that have tested positive for Lysteria.

Penn Virginia GP Holdings LP (PVG) closed at $18.00 as an immediated busted IPO after its 6.3 million share IPO priced at $18.50.

Sirius Satellite Radio (SIRI) fell 7.7% to $3.85 after the company did come clean and lower guidance for subscriber growth down to 5.9 to 6.1 million.

Starbucks (SBUX) rose 3% to $36.84 after the coffee game-changer was raised to Buy at UBS.

Sycamore Networks (SCMR) rose 6% to $3.93 after posting above-expected revenues.

Syntax-Brillian (BRLC) rose 8% to $9.30 after raising guidance.

Toll Brothers (TOL) rose 3% to $32.87 after the company posted a 44% drop in earnings, but signalling the sector has perhaps seen "most of the worst" in the housing sector.

Under Amrour (UARM) rose another 6% to $49.57 after Jim Cramer featured it as a "Buy to the Ninth Power" on last night’s MAD MONEY.

Yum! Brands (YUM) rose 2.5% to $63.26 despite being responsible for numerous e.coli cases around New York & New Jersey from Taco Bell locations in the area.

Jon C. Ogg

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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