American stocks move higher

Encouraging words from Federal Reserve Chairman Alan Greenspan sent stocks soaring today as investors looked forward with renewed enthusiasm to upcoming earnings reports.

American stocks move higher
Mon, 26 Jan, 2004 - 21:41

Encouraging words from Federal Reserve Chairman Alan Greenspan sent stocks soaring today as investors looked forward with renewed enthusiasm to upcoming earnings reports.

The Dow Jones industrials reached a new 31-month high, rising more than 130 points.

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CourtsBusinessHeathrowPlace: LondonPlace: USPerson: Alan GreenspanPerson: GreenspanPerson: Peter CardilloPerson: Joseph KeatingPerson: KeatingOrganisation: Federal ReserveOrganisation: Global Partner Securities Inc.Organisation: NasdaqOrganisation: AmSouth Asset ManagementOrganisation: DowOrganisation: GreenspanOrganisation: FedOrganisation: National Association of RealtorsOrganisation: Dow,Organisation: Merck & Co.Organisation: Hewlett Packard Co.Organisation: Lexmark International Inc.Organisation: LexmarkOrganisation: Aventis SAOrganisation: Sanofi-SynthelaboOrganisation: Schering-Plough Corp.Organisation: New York Stock Exchange
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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