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Trading at Noon: S&P reaches 7-m high before hitting wall

Thursday, February 16, 2012 - 03:45

Feb. 15 - The S&P 500 index hit a fresh 7-month high before giving up some gains after mixed data on the U.S. economy and news of a possible delay in Greece's bailout.

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Checking in on trading at me and US stocks right now are -- after data on the US economy and use a possible delay in Greece's bailout. The F and 500 index hit a fresh seven month -- -- giving up some gains. Leading it Anthony S&P 500 right Nat check out information technology it is not more than 1%. Deal or No Deal well it seems more like no deal in the asset management industry in 2011. A report I Sandler O'Neill reveals that many firms were hesitant about sealing deals in 2011 held back by pollen consumer confidence. The report shows that there were a 132 deals in the industry 2011. A small uptick from a 128 -- in 2010. But still down 148 transactions in 2009. Now the report also predicts the level and an activity in 2012 is likely to be a little changed from last year as financial and political uncertainties. Stick around. We're keeping an eye on shares of this -- -- Avis that right now it's funny crap out. More than 12% as investors question social game maker's ability to attract new paying users. And it's expensive valuation. At least three brokerages downgraded back. This actor's -- reported lackluster fourth quarter earnings on Tuesday its first as a publicly traded company. So much for that 125000. Dollar bonus -- deterring people from going to Morgan Stanley the firm is welcoming for new well and -- advisors. This time from Wells Fargo and pay an -- that three advisors from wells are now managed 130 I ninety client assets in the new edition from Merrill Lynch. At an annual production of one point one million. Including recent hires an -- he has brought on board -- and senior advisors at the start 2012. Managing more than two billion dollars in -- -- -- Last year not so great for many hedge fund managers but Tony twelve. Is looking better thanks in part -- many funds positioning themselves well intact during Q4. David -- of apple Lucent -- morning Green light boat load it up on apple shares before the end of the year. Now it's no secret apple shares -- -- on fire this year. When it's funny actress and hit an all time high. -- I've 125. Dollars this year you today 8025 day average in the -- Power and half of tree. Another winner area residents seems to have partners. Not 650000. Shares at Netflix in the fourth quarter remember when shares were taking a real beating your depth feature is that lectures -- 75%. In 22. Penske also took a liking to some of the best IPOs of last year including Michael -- They're retailer which went public in December has seen its shares rally about 40% and that. And and now. If being asked me in New York we got we catch up that designer himself. While the fact that fire right now we wanted to -- all the turmoil in Europe could hit it. And. Final. I don't what's going. They're despite a shaky economy what it exactly course thinks you should be wearing. To the office -- that party next ball well shades of gray and lows of red. And get best. Longer skirt and that can be bad news for the stock market according to Easter blank theory -- headlines get down so there's a market. That's -- for trading and I'm Jen Rogers this is right.

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Trading at Noon: S&P reaches 7-m high before hitting wall

Thursday, February 16, 2012 - 03:45