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Thursday, March 11, 2010
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March 2010
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Business


Sector Wrap: Technology, Energy, Financials
on 11-03-2010 13:58


The broader indices have traded in a tight range all week as there has been little corporate or economic data to move the major averages. On the week, the Dow is trading flat, the S&P 500 is trading up one half of one percent and the Nasdaq has gained the most, up 1.3% so far.
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Thursday's ETF Movers: ROB, IIH
on 11-03-2010 13:22


In midday trading Thursday, the Claymore Luxury Goods ETF (ROB) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Orient-express Hotels Limited (OEH), up about 3.8% and shares of Luxottica Group (LUX), up about 1.4% on the day.
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Thursday Midday Sector Leaders: Communication Services, Railroads
on 11-03-2010 13:12


In midday trading Thursday, Communication Services shares were relative leaders, up on the day by about 1%. Leading the group were shares of Terrestar (TSTR), up about 22.8% and shares of GeoEye (GEOY) up about 16.9% on the day.
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Thursday Midday Sector Laggards: Air Services, Luxury Goods
on 11-03-2010 13:02


In midday trading Thursday, Air Services shares were relative laggards, down on the day by about 2.3%. Helping drag down the group were shares of Transat (TRZ.
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Financial Firms Shopping For Deals
on 11-03-2010 12:42


After Barclays announced yesterday that it was looking to acquire a US regional bank, investors saw shares of Fifth Third (FITB), SunTrust (STI) and Regions Financial (RF) post sizable gains. Today, however, asset management firms will have the spotlight.
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