Reviews on the US stocks: DJIA, Eastman Kodak Company, Apollo Group, Marathon Oil, Oshkosh Corporation

Posted by Kayla Phantom On Sunday, July 3rd 2011 in Finance

Due to the strong economic data they received and the fact that Greece approved the austerity bill, the US stocks continued rising for the fifth day in a row. The Dow Jones Industrial Average enjoyed a 18.37 (0.95%) climb, reaching 12,532.71, The S&P 500 moved up 11.23 (0.85%) climbing to 1,331.87 and the NASDAQ Composite rose 28.27 (1.02%) to 2,801.79.

Below we present the most active stocks in the US:

After the U.S. International Trade Commission announced Eastman Kodak Company (NYSE:EK) had a case against Apple and Research in Motion due to a patent dispute, its shares fell drastically. They collapsed 14.53% to $3.06 on heavy volume.

The shares of the Marathon Oil Corporation (NYSE:MRO) collapsed as well, losing 38.20% thus reaching $32.56 due to the fact the company was spun off by Marathon Oil Corp.

Apollo Group, Inc. (NASDAQ:APOL) shares rose after the company announced they had earned $1.51 a share, which was more than the analysts had announced, more exactly $1.33 a share.

The shares of the Oshkosh Corporation (NYSE:OSK) also rose due to the fact that Activist investor Carl Icahn stated he has already purchased a 9.51% stake.

The shares of AZZ Incorporated (NYSE:AZZ) managed to climb as well, earning a 13.32% rise after the company mentioned it won 75 cents a share during their first quarter.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) climbed 1.40% to $59.18 as a result of Standard & Poor’s Ratings note made on Thursday in which it was stated the company had a solid financial performance.

Christopher & Banks Corporation (NYSE:CBK) rose 16.17% reaching $6.61 due to the fact that the clothing retailer received an unexpected profit last Thursday.