Closing Bell Report

A surprisingly upbeat earnings report by Google boosted the markets to a sharply higher close with the Dow leaping 229 points to 12,849. Nasdaq jumped 61 points to 2403.

On the upside

Overstock.com (Nasdaq: OSTK) reported a narrower than expected first quarter loss as revenue rose.

Second quarter earnings for Amdocs (NYSE: DOX) rose to surpass estimates due to increased revenue from its software management business.

Manpower (NYSE: MAN) impressed with first quarter earnings that far exceeded estimates due to strong sales in France.

On the downside

GFI Group (Nasdaq: GFIG) announced the resignation of North American credit head Donal Fewer and warned that a competitor may lure away more of its brokers.

First quarter earnings for Amcol International (NYSE: ACO) tumbled to fall short of expectations as expenses climbed.

Citizens Republic Bancorp (Nasdaq: CRBC) blamed a surging loan loss provision for sharply lower first quarter earnings that missed estimates.

In the broad market, advancing issues outpaced decliners by a margin of 7 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks soared 13 points to 721.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here