Manhattan Strip Clubs: US Stocks Rise on Production, Housing Starts
Crude oil increased 17 cents to $77.18 a barrel and gold added $1.20 to $1,121 an ounce. Yields on 10-year Treasuries traded at 3.68% and 30-year bonds at 4.66%.
Stock Movers
Comtex News Network, Inc (CMTX) plunged 54% to 12.5 cents after it reported revenues increased to $1.8 million in the second quarter to $1.8 million and net loss of $126,000 compared to $1.6 million in revenues and a net of $43,000.
Deere & Co. (DE) soared 7% after the farm equipment maker reported higher than expected earnings in the first quarter and raised its annual outlook.
Ricks Cabaret International, Inc (RICK) dropped 8% after it agreed to acquire VCG Holding Company to form the largest publicly held gentlemans club chain. The combined company will have 38 clubs and generate annual revenue of $131.2 million.
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