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Stocks Open Higher on Merrill Report ( +130 in early trading)
Biz.yahoo ^ | 12.21.07 | By Tim Paradis, AP Business Writer

Posted on 12/21/2007 6:59:26 AM PST by Perdogg

Stocks opened higher Friday following a better-than-expected rise in profits at Research in Motion Ltd. and on word that Merrill Lynch might have lined up a big cash infusion from a Singapore fund.

Research in Motion said late Thursday its fiscal third-quarter profit more than doubled on strong demand for its BlackBerry smart phones. The results gave Wall Street hope that the technology sector has further to climb and that consumers and businesses are still spending.

(Excerpt) Read more at biz.yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: thebusheconomy; wgids

1 posted on 12/21/2007 6:59:28 AM PST by Perdogg
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To: Perdogg

Luv my BB...


2 posted on 12/21/2007 7:02:04 AM PST by Eric in the Ozarks (ENERGY CRISIS made in Washington D. C.)
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To: Perdogg
Mandatory picture for message threads like this:


3 posted on 12/21/2007 7:04:37 AM PST by RayChuang88
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To: Perdogg
No Jessica Alba pic's?

You're slipping. :O)

4 posted on 12/21/2007 7:08:11 AM PST by jdm
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To: Perdogg

At least Merrill is going to Singapore and not Red China for their bailout.


5 posted on 12/21/2007 7:15:04 AM PST by Greg F (Duncan Hunter is a good man.)
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To: Greg F

Citibank went to Dubai and a number of EU banks went with Saudi financing. Credit cost to date just went over $100 billion dollars. This is an incredible cost in the sub par finance sector.


6 posted on 12/21/2007 7:42:57 AM PST by Zuben Elgenubi
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To: Perdogg
Markets percolating along nicely
DJIA 13,413.74 +168.10
NASDAQ 2,676.36 +35.50
S&P 500 1,478.91 +18.79
7 posted on 12/21/2007 7:46:10 AM PST by IrishMike (Liberalism is Jihad from within)
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