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Markets Rally On Better Than Expected GDP; Dow Has Best Close In More Than A Month
Thursday, October 30, 2014 - 5:09pm | 1851U.S. stocks rose on Thursday after government data showed the U.S. economy grew 3.5 percent in the third quarter, better than the 3.0 percent expected. Investors brushed off a poor reading on the number of Americans filing for jobless benefits, which rose last week in favor of GDP data; this...
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Markets End Hectic Week On Positive Note
Friday, October 24, 2014 - 5:16pm | 1129U.S. markets rose on Friday, ending a four-week slide for the major indices despite ongoing Ebola-related scares. Investors found enough positives in earnings reports from Dow listed Microsoft and Procter & Gamble to justify a triple-point gain in the Dow. The S&P 500 posted its best week...
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Markets Unable To Hold On To Gains As Oil Continues To Plunge
Tuesday, October 14, 2014 - 4:47pm | 2414U.S. markets ended the day mostly flat after giving up earlier gains. The Dow traded higher by 142 points before ending the day in negative territory. The S&P 500 and Nasdaq indices closed the day almost unchanged. The CBOE Volatility Index fell 7.5 percent to 23.79. Airline stocks traded...
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Ebola Fever Hits Versar, Shares Surge 25% In Two Trading Days
Tuesday, October 14, 2014 - 2:18pm | 262Shares of Versar Inc. (NYSE: VSR) continue to surge, rising nearly 25 percent over the last two trading days as Ebola concerns remain in focus. Versar is a construction management firm that provides environmental and construction management services. Investors and traders appear to be betting that...
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Lakeland Industries Trades To New 52-Week Highs On Ebola Concerns
Thursday, October 9, 2014 - 11:30am | 338Shares of small-cap Lakeland Industries (NASDAQ: LAKE) continued to surge on Thursday, hitting new 52-week highs of $15.84 early Thursday morning. Lakeland Industries is a maker of hazmat suits. Shares have surged from around $6 in early September as investors and traders started betting that...
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Markets Rally On Fed Minutes, Alcoa Kicks Off Earnings Season With Strong Beat
Wednesday, October 8, 2014 - 5:14pm | 2148U.S. stocks rallied after the 2:00 PM release of the Fed's September minutes, which revealed that committee members continue to debate over the timing and language of a rate hike. Several officials questioned their guidance if short-term rates were likely to stay low for a “...
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Lakeland Industries, Inc. Reports Second Quarter Fiscal Year 2011 Financial Results
Tuesday, September 14, 2010 - 8:10am | 840Lakeland Industries, Inc. (NASDAQ: LAKE) today announced financial results for its second quarter fiscal year 2011 ended July 31, 2010. Fiscal 2011 Second Quarter Financial Results Net Sales. Net sales increased $1.5 million, or 6.5%, to $24.6 million for the three months ended July 31, 2010, from...