Willis Group (WSH Quote) climbed Friday on word it will buy back about $400 million of its shares from J.P. Morgan Securities under its current stock repurchase program. After the deal closes, the share repurchase program will have $339 million of authorization remaining for buyback. Shares were up 59 cents, or 1.6%, to $39.67.
Impac Mortgage (IMH Quote) rose after completing a $1.4 billion securitization on loans totaling $2.4 billion. The Irvine, Calif., mortgage-investment firm also slashed its per-share dividend by 15 cents to a dime, but shares were gaining 31 cents, or 6.8%, to $4.85.
Nymex (NMX Quote) saw heavy trading after a Bank of America analyst said the market's current volatility could amp up trading volume and provide a near-term upward catalyst for the commodities exchange. He upped the stock's rating to buy from neutral. Shares, however, were recently down 57 cents to $135.15. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.55 | 1,091.77 | 2,134.25 | 32.45 |
Oil *
77.17
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DOWN
0.37
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UP
0.28
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DOWN
4.19
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UP
0.14
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10 Yr
3.24%
SPDR Gold
114.63
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+0.00%
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+0.03%
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-0.20%
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+0.43%
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