U.S. stocks rose strongly Thursday, reversing a four-session losing run, after a government report said the economy grew more than expected in the July-September quarter.  Investors shunned Treasuries and jumped back into stocks after the report signaled the economy had emerged from the worst recession since the 1930s. 

The positive surprise was enough to propel benchmark indexes to their biggest advance since July and send safe havens like Treasuries and dollar lower.  Caterpillar Inc. (NYSE:CAT) and Alcoa Inc. (NYSE:AA) advanced at least 5.1% after the Commerce Department said the economy returned to growth following four straight quarters of decline.  Crude prices jumped $2.44, or 3.1%, to $79.87 and gold was up $16.50 to $1046.40.

The S&P 500 registered its biggest one-day gain since July 23, jumping 2.2% to close at 1,066.11.  The 30-share Dow Jones industrial average shot up by 199.89 points, or 2.05%, at 9,962.58 and the tech-heavy

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Markets advanced Monday morning, with oil reaching a 6-week high above $73 a barrel, a rally in European stocks after Royal Philips Electronics announced its glowing earnings report, and a general sense of economic recovery. Going into a foreseeably light Columbus Day of trading, a weaker dollar has pushed all major energy and commodities sectors notably higher, extending last week’s gains, in anticipation of an onslaught by a spate of Q3 earnings data over the next few weeks.

Intel is poised to offer solid earnings data Tuesday afternoon and many investors are expecting a bullish Q4 outlook from the company, setting a positive tone for chip manufacturers. Fairchild Semiconductor (FCS) and Cypress Semiconductor (CY) data will be out before Thursday’s markets open with Advanced Micro Devices (AMD) posting its report after the close. Nokia, IBM and Google will also report Thursday with JPMorgan Chase & Co., Goldman Sachs Group Inc.,

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Recently, Precision Castparts Corp. (PCP), a diversified manufacturer of complex metal components and products, has completed its acquisition of Carlton Forge Works in Paramount, California. Carlton is a leading manufacturer of seamless rolled rings of nickel, titanium and steel for utilization primarily in aircraft engine (80%) and gas turbine (20%) applications. Precision Castparts has also acquired Arcturus Manufacturing Corporation, a hammer forging operation in Oxnard, California.  Precision acquired both Carlton and Arcturus for $850 million. The acquisitions are all-cash deals and are financed primarily through current cash balances and small levels of debt. The transactions will be included in Precision’s Forged Products segment, which accounted for about 42% of the company’s sales in the last quarter of fiscal 2009. Precision generated about 24% of its margins from this segment. Management expects the acquisitions to be immediately accretive to earnings.  Precision is among the leading manufacturers of ...

The earnings season beginning today (Tuesday) is shaping up to be an important one, as it could have a significant impact on a struggling stock market rally.

Since the stock market rally reached a pinnacle nearly two weeks ago, the Dow Jones Industrial Average has lost about 3.3% while the Standard & Poor’s 500 Index has fallen about 3.7%. And if this week’s earnings report come in below expectations, the rally that helped stock prices surge more than 50% could come to an abrupt end.

Fortunately, many of the companies set to report earnings this week are traditionally strong performers and for the most part, companies that have weathered the financial crisis. But not all of them have met Wall Street’s expectations.

The quarterly results for five companies in particular – Yum! Brands Inc. (NYSE: YUM), Alcoa Inc. (NYSE: AA), Costco Wholesale Corp. (Nasdaq: COST), Monsanto Corp. (NYSE:

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Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Tuesday September 29, 2009

DrStockPick.com Stock Report!

PFE, PWRM, TXN, CSRH, AA, CVAT, DOW

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PFE, Pfizer Inc.

PFE is the world’s premier biopharmaceutical company taking new approaches to better health. We discover, develop, manufacture and deliver quality, safe and effective prescription medicines to treat and help prevent disease for both people and animals.

China’s Ministry of Commerce has approved PFE’s pending acquisition of Wyeth. The Ministry’s decision includes PFE’s commitment to divest certain animal health assets in China.

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in the commercialization of neurodegenerative disease and cancer biomarkers, pathways,

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Tiny Texas Oil Company Hits $2.8 Trillion Discovery A microcap company from Dallas has discovered 40 billion barrels of crude oil. The haul is worth $2.8 trillion. It’s one of the biggest oil discoveries in history. And one company now owns the right to every drop. It’s about to bring this oil to market. Investors who get in beforehand could earn 4,620% gains. But the really amazing thing is where this oil is located. For complete details, please go here.

The U.S. trade deficit expanded at its fastest pace in more than ten years in July, accelerated by rising oil prices and increased demand for auto parts and industrial supplies.

The gap between imports and exports rose 16% – the largest percentage increase since February 1999 – to $32 billion in July from a revised $27.5 billion in June that was larger than previously reported, the Commerce Department said. After …

The U.S. trade deficit expanded at its fastest pace in more than ten years in July, accelerated by rising oil prices and increased demand for auto parts and industrial supplies.

The gap between imports and exports rose 16% – the largest percentage increase since February 1999 – to $32 billion in July from a revised $27.5 billion in June that was larger than previously reported, the Commerce Department said. After eliminating the influence of prices, which are the figures used to calculate gross domestic product (GDP), the trade gap widened to $38.8 billion from $35.8 billion.

Imports surged 4.7% to $159.6 billion, fueled by an increase in oil prices and strong demand for industrial materials. Crude oil prices rose to an average $62.48 a barrel from $59.17 in June. And imports of capital goods, which include cars and auto parts, jumped to $30.2 billion from $28.9 billion.

The government’s Car Allowance Rebate

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Alcoa Inc. (AA) recently realigned its Global Primary Products (GPP) business organization in order to poise the company to seize growth opportunities on economic recovery.  Alcoa has named John Thuestad as the Chief Operating Officer for GPP Worldwide and Jean-Pierre Gilardeau as the President for GPP for North America and Iceland. Thuestad was previously the President of GPP’s U.S. branch, while Gilardeau had been President, GPP-Canada and Iceland.  Alcoa also raised its annual forecast for global aluminum consumption. The company now predicts that global consumption will decline by 5.5%, while the previous forecast was a decline of 7%.  The company attributed the improved outlook to a stronger demand for the metal in China. Alcoa believes the economic stimulus spending in China will drive up the country’s aluminum consumption by 8% in the second half. The full year consumption is expected to be up by 4%. ...

U.S. stocks rose to their highest levels since November as upbeat reports on construction and strong bank profits spurred hopes that the global economy is gaining strength.  Investors found new reason to put money into stocks, pushing all major averages up at least 1%.  The broader S&P 500 breached the 1,000 level for the first time since November 5.  Helping sentiments further was Chinese manufacturing data that jumped to its highest level in a year.   

Premarket futures suggest stocks are likely to fall as profit taking emerges.  Dow Jones industrial average futures are down 46 to 9,202. Standard & Poor's 500 index futures are down 6 points to 994, while Nasdaq 100 index futures are down 10 points to 1,616.

On Monday, the DJIA rose 115 points, or 1.3%, to close at a nine-month high of 9286.  The index is up 42% from its twelve-year lows hit on March

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Alcoa Inc. (NYSE: AA) reported a lower-than-expected second-quarter loss on Wednesday, the first in what is projected to be a lackluster season for U.S. corporate earnings.

Alcoa reported a loss of $312 million, or 32 cents a share, well ahead of analysts’ estimates of a loss of 38 cents a share – but down from its year-ago profit of 66 cents per share. The giant aluminum producer is the first component of the bellwether Dow Jones Industrial Average to report its second-quarter performance, marking the beginning of the U.S. corporate earnings season.

Overall, earnings expectations are bleak. The companies that make up the Standard & Poor’s 500 Index are expected to post declining profits for the eighth consecutive quarter, a 36% decline, according toThompson Reuters.

Alcoa’s performance was a result of cost-cutting measures undertaken by the company.

“At first glance it looks constructive. They were able to

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