The New Trend to Watch
Tons of news. Bank of America (BAC) was OK, not great, especially when pitted against Citigroup (C). PepsiCo (PEP) was OK, not as good as Coca-Cola (KO). CSX (CSX) was better than expected away from coal and food and had more earnings power than Norfolk Southern (NSC). Intel (INTC) was miserable -- no shocker. IBM (IBM) was disappointing to some, but I think that it snaps back.
And then there is ASML (ASML) buying Cymer (CYMI) for a huge amount to help consolidate the bedraggled semiconductor capital equipment sector....214 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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