Closing Bell: Solid Numbers, that aren't being taken back (AIG, BS, GS, LOW, PALM, STT, TWX, CETV)


Today's run might be more banked on Indian election results, one earnings report, and an analyst upgrade. The National Association of Home Builders reported a slightly more optimistic builder report as well, but today's gains were well entrenched with or without housing data.

To show just how much these Indian stocks were up, here is a full list of how much these were up around the open. Here are today's unofficial closing bell levels:

Dow 8,506.31 +237.67 (2.87%)
S&P 500 909.76 +26.88 (3.04%)
Nasdaq 1,732.36 +52.22 (3.11%)

Top Analyst Upgrades
Top Analyst Downgrades
52-Week Highs

American International Group, Inc. (NYSE: AIG) was even up today on reports that it was speeding up its plans to list its Asian subsidiary, AIA, via an IPO to raise $5 to $10 billion. This will be used to help repay the government. Shares were up 5.3% at $1.81 before the closing bell.

Bank of America Corporation (NYSE: BAC) was a winner with shares up almost 10% late in the day at $11.70 after Goldman Sachs Group, Inc. (NYSE: GS) raised its rating and put it on the "Conviction Buy List" and doubled its price targets. Even Goldman Sachs was up over 4% at $140.65 late in the day.

Lowe's Companies Inc. (NYSE: LOW) was up almost 8% at the end of the day with a $19.85 price after strong earnings this morning. The company posted $0.32 EPS vs. $0.25 estimates.

Palm, Inc
. (NASDAQ: PALM) was up again on the list of 52-week highs, and it has not even released that Palm Pre touch-screen smartphone yet. After hitting $12.05, that was above its 52-week range of $1.14 to $11.80.

State Street Corp. (NYSE: STT) is paying off the TARP balance. It is planning a $1.5 billion capital raise and shares were up all day. This one was up over 6% at $41.10 shortly before the close.

Time Warner Inc. (NYSE: TWX) is looking like it scored a coup on its investment into Central European Media Enterprises, Ltd. (NASDAQ: CETV). This was up significantly from March when the deal was announced.
Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 13, 2012: 02:59 AM

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