NEW YORK - Shares of InterContinental Exchange Inc. rose sharply on Thursday and helped send the Standard & Poor's 500 index to a higher close, after JPMorgan Chase & Co. added the stock exchange operator to a list of recommended stocks.
Shares of InterContinental Exchange rose $14.49, or 12.5 percent, to $130.39.
The S&P 500 index rose 10.46 to 1,336.91.
Family Dollar Stores Inc. advanced $2.13, or 11.7 percent, to $20.31. The Matthews, N.C., retailer reported flat sales at stores that have been open for at least one year for January, while Wall Street had expected sales to fall.
Same-store sales is considered a key measurement of retailer health, because it evaluates results at existing locations instead of newly opened ones.
And Big Lots Inc. rose $1.64, or 10.8 percent, to $16.80. The discount retailer said its same-store sales were down slightly for January, as it had predicted.
On the losing side, Electronic Data Systems Corp. retreated $1.71, or 8.7 percent, to $17.90. The loss of a main customer weighed down quarterly profit by 13 percent for the operator of corporate computer systems.
Prudential Financial Inc. declined $6.01, or 7.8 percent, to $71.39 and set a 52-week low of $69.05. Quarterly earnings fell 11 percent on lower profits in its investment and international segments.
JDS Uniphase Corp. lost 68 cents, or 5.3 percent, to $12.12, giving back some of Wednesday's gains, when the communications test and fiber-optic network equipment maker reported a fiscal second-quarter profit and had at least two analysts upgrade the stock.

This is the prepared text of the speech which House Speaker Nancy Pelosi read on...
The new soldiers in the upcoming prequel 'Halo 3: Recon' are "among the fiercest" in the popular game series, Microsoft says....
In last week's report, I held out the prospect that the US government rescue package might result in a change in sentiment in financial mark...


Professional Website Design For Corporate - Get a Free Quote Today