The S&P 500 (INDEXSP:.INX) is up by the smallest of fractions this morning, the DOW remained flat and the NASDAQ sneaked upward. Some of the biggest stories on the market included the positive earnings reports of The Walt Disney Company (NYSE:DIS), and Shutterfly, Inc. (NASDAQ:SFLY), poorly received earnings from Expedia Inc (NASDAQ:EXPE) and C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW). One of the biggest drops on the NYSE was from Elan Corporation, plc (ADR) (NYSE:ELN), which announced the completion of a deal this morning that will see it lose rights to one of its most promising drugs. The Walt Disney Company (NYSE:DIS): Before the market…
Hot Stocks: The Walt Disney, Shutterfly, Expedia, C.H. Robinson, Elan
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.