NEW YORK (TheStreet) -- U.S. stocks were rallying into the close Friday, with the Dow Jones Industrial Average
The Dow Jones Industrial Average
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Yahoo! (YHOO) was up 4.26% and AOL (AOL) popped 3.44% after Starboard Value LP announced it had acquired a significant ownership stake in Yahoo! and urged the company to explore a strategic combination with AOL.
Nike (NKE) soared 12.48% after the athletic apparel company -- which has become a bellwether for global consumer strength and economic activity -- stoked investor confidence ahead of the upcoming earnings season. The company posted fiscal first-quarter earnings of $1.09 a share, up from 86 cents a share a year earlier and above analysts' estimates of 88 cents.
Micron Technology (MU) jumped 6.81% after reporting fiscal fourth-quarter earnings and revenue that topped analysts' forecasts.
Struggling smartphone maker BlackBerry (BBRY) rose 4.69% after posting a narrower-than-expected loss of 2 cents a share as the company continues to sharpen its focus on enterprise mobility and security.
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