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The markets continued their rally mid-way through the day Monday, the Dow was up about 1.12 percent, to 13,587.15. The NASDAQ rose as well, up about 0.30 percent, to 3,125.47, while the S&P traded up 0.80 percent, increasing to 1,452.21.
TRW Automotive
TRW rose quickly in early trading following the announcement that it would buy back $1 billion in shares. TRW traded up 6.39 percent to $46.51.
Shares of Transocean
RIG were also up, trading up 4.52 percent to $46.92 after the announcement that a Brazilian preliminary injunction against the company had been lifted.
Tenet Healthcare
THC rallied 4.23 percent in early trading to $6.54, following an announcement that the company would perform a one for four reverse stock split.
Facebook
FB also got a boost, following an appearance from its COO, Sheryl Sandberg, on CNBC. Shares rose 2.11 percent to $22.12.
Shares of Goldman Sachs
GS rose 4.18 percent to $118.43, following a positive article in Barron's over the weekend.
Houston American Energy
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hit a new 52 week low following its announcement of a new $10 million stock offering. Share prices fell 24.99 percent to $0.68.
Ratheon
RTN took a bit of a hit Monday morning after a downgrade at Bank of America. Shares fell 1.99 percent to $55.54.
Sprint Nextel
S fell 3.80 percent to $5.31 following a cut at Ramond James.
In economic news, the ISM manufacturing index came in at 51.5, above the expected 49.8 and the prior figure of 49.6. Construction spending month over month came in below expected at -0.6% versus the 0.5% estimate, while ISM prices paid came in at 58, above the estimated 55.8 and the prior figure of 54.
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