Author: Elena Todorova
123jump.com
Last Update: 11:09 AM EDT October 19 2005
CBOT public offering of 3.2 million shares was priced at $54 per share. Shares of the stock opened at $82. Intel posted disappointing earnings and sales forecast. JP Morgan reported 78% profit jump, missing estimates by a penny. Yahoo posted 47% revenue growth, beating earnings estimates. The Commerce Department reported that new housing construction in September rose 3.4% to an annualized rate of 2.108 million units.
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