Welcome to The Daily Stock Report ... In The Quality Stocks.Net pursuing daily performance. I'm Cathy Rankin and for Friday, December 15 .... We bring you the latest news from around the market and better and worse than today ... In our today's Headline News ... Wall Street had its fourth-quarter rally to close Thursday, the Dow Jones Industrials print in its first closing above 12,400 after a series of strong corporate earnings and lower unemploymentSeek reimbursement of investor confidence in the economy. The market, which came earlier this week on interest rate and economic concerns at a standstill, was revived by a strong quarterly profit organizations such as Bear Stearns ... Lehman Brothers Holdings ... Corparation and Costco Wholesale ... and a healthy perspective of organizations such as Citigroup Inc. and Honeywell International. Shares rose nearly 3 percent after the investment bank, posted the fifth consecutive year of record profits.Net income $ 563,000,000, or $ 4 per share for the fourth quarter was on November 30 compared to $ 407,000,000 or $ 2.90 a diluted share, a year earlier. In our small cap news today ... LodgeNet Entertainment Corp. announced yesterday that it agreed to buy rival On Command Corp. for 380 million U.S. dollars in cash and stock. LodgeNet said it expects the acquisition of On Command from Liberty Media Corp. to close in the middle of next year and provide almost $ 1,800,000Dollar ...
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