In the aftermath of a severe relapse, the U.S. places are up slightly on Wednesday. Around 19:30, the Dow Jones gained 0.88% in 8019 and points, the Nasdaq rose 1.23% to 1,459 points and the S & P 500 is 1.11% to 814 points..
Wall Street rose slightly on Wednesday, reassured by a series of superior results or meet expectations. After plummeting yesterday, banking stocks are rebounding. They lost between 20 and 30% Tuesday heavily influenced by an accumulation of disturbing news on the health sector, both in the U.S. and Europe.
As for values, International Business Machines (IBM) climbed by 8.16% to 88.67 dollars. The U.S. computer group has exceeded expectations in the fourth quarter of 2008, generating net earnings of $ 12.3 billion up 18.4%. Per share, profits stand at $ 3.28 over the last three months of the year, against 3.03 dollars expected by analysts. Above all, the group expects earnings per share of 9.20 dollars this year while the market expected $ 8.75 previously.
After falling more than 6% Monday, Intel is slightly in the green, gaining 1.09% to $ 13. The world’s largest semiconductor could announce its first quarterly loss since 1986, Bloomberg said Wednesday, citing statements by the Group CEO to employees. Last week, Intel announced a 90% drop in profits over the last three months of 2008 to 234 million. Rival AMD also rebounds, 2% to 2.04 dollars.
© 2012 Aortic Insufficiency & Chemical Burns Treatment