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Market Update : 
Kroger, Autozone and NYSE Rise
Author: 123jump.com Staff
123jump.com
Last Update: 4:02 PM EST December 05 2006


A business survey from ISI suggested that service sector in the economy is expanding at a faster rate than manufacturing sector. According to Labor Department, unit labor cost growth in the third quarter was revised to 2.3% from 3.8%. Kroger rose on better than expected profit of 30 cents per share, up 16%. Autozone rose 4.5% on earnings of $1.73 per share. NYSE Group rose on the news that its merger with Euronext won conditional approval. Ford dropped 2.5% on $3b convertible offering.

 

 

 

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