After hitting a record high on Friday, stocks are mostly lower this afternoon despite a much better than expected indicator of US non manufacturing business activity.
Hitherto unheralded uranium outfit USEC Inc. ( USU ), with a 7.14% surge, rose for a remarkable ninth straight session, but otherwise Wall Street’s fat cats were unable to call upon their nine lives.
Ford Motor Co. ( F ) posted an impressive 50% rise in earnings per share to 45 cents in the second quarter of 2013 from 30 cents in the same quarter of 2012 (all excluding special items)