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Wall Street Shrugs Off Libya and Stocks Come Roaring Back (PCLN, FWLT, MGRC, SHLD, RIG)

Posted by Geoff Seiler at 4:58PM on February 24th

It was a wild day on Wall Street, with Libya and oil prices once again dictating the direction of stocks. Stocks trended lower much of the day, although the market rallied on rumors that Libya’s leader, Moammar Gadhafi, had been…

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Guidance Crushes Cat as Investors Mull Rate Decision (CAT, BA, ROK, COP, MGRC)

Posted by Marcia Wilmot at 5:05PM on January 27th

Stocks rose on the day, led higher by the Nasdaq, which climbed 18 points, or 0.8%, to 2,221. The Dow added 42 points to 10,236, while the S&P rose 5 points to 1,098. Oil fell -$1.05 to $73.66 a barrel,…

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