June 07, 2013 at 18:24 PM EDT
Sharply Higher Close On Upbeat Job Creations

The markets closed sharply higher with the Dow rocketing 207 points to 15,248 over upbeat job creation numbers. Nasdaq leaped 45 points to 3469.

On the upside

Motley Fool suggested that Pilgrim's Pride (Nasdaq: PPC) may be a good acquisition target for a Chinese meat producer.

Goldman Sachs upgraded United Continental (NYSE: UAL) form a Sell rating to a Neutral rating.

Barnes & Noble (NYSE: BKS) will begin offering original short-form, quick read works for Nook Snaps.


On the downside


Titan International (NYSE: TWI) will work with One Equity Partners and Russian Direct Investment Fund to explore a possible acquisition opportunity in Russia.


Gafisa (NYSE: GFA) will sell a 70% stake in Alphaville Urbanismo to Blackstone Real Estate Advisors and Patria Investimentos.


Flow International (Nasdaq: FLOW) warned of lower fourth quarter earnings and revenue and retained the services of UBS to explore strategic options including the possible sale of the company.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 index soared 20 points to 1643.

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