1:25pm (EST) The bulls have done us proud by hitting ALL of our fluff targets but the market immediately took a step back after Ben Bernanke started speaking. Economic news came in better-than expected as 4Q Gross Domestic Product (GDP) was up 0.9% for the quarter versus expectations for anRead more
Nasdaq Trips 3,000; S&P 1,375
Bulls Better Bears Following Bernanke Babble
Bernanke Speaking
AutoZone Hits Historic Highs
As expected, AutoZone (AZO, $160.00, up $19.97) is trading at new highs after smashing Wall Street’s estimates. For the quarter, the company reported a profit of $116 million, or $2.03 per share, compared with $107 million, or $1.67 per share, versus last year. Revenue grew 8% to $1.45 billion. WallRead more