US stocks closed higher as again investors took comfort from strong demand for a bond auction in Spain.Across the markets, the Dow Jones was up 16 points at 10,450, while the Nasdaq was 2 points higher at 2,309. The S&P 500 rose one to 1,117.
CVS Caremark and Walgreen were both higher after they settled their dispute over reimbursements for drug prescriptions. Express Scripts has fallen.
Anardako Petroleum, BP’s minority partner in the Gulf of Mexico has recovered today following BP chief executive Tony Hayward’s battering by a congressional committee on the Gulf of Mexico oil spill. Anadarko has managed to keep a low profile throughout the events.
Health care real estate investment trust HCP Inc fell after it said it was selling 13.5m shares at $33 each.
Vodafone could start to receive dividends again from its US mobile venture Verizon Wireless in 2012 after executives at its partner said they are looking at what to do with its growing cashflow.
Vodafone owns 45% of Verizon Wireless. US company Verizon owns the remainder and stopped dividend payments in 2005 insisting Verizon Wireless should use its cashflow to pay down its debts.S&P 500 - Risers
Tesoro Corp. (TSO) $12.29 +3.63%
Boston Scientific Corp. (BSX) $6.33 +3.60%
Marshall & Ilsley (MI) $7.89 +3.41%
Walgreen Co (WAG) $30.09 +2.80%
S&P 500 - Fallers
HCP Inc. (HCP) $32.72 -4.75%
Office Depot Inc. (ODP) $5.18 -3.90%
Safeway Stores Inc. (SWY) $20.83 -3.79%
Lennar Corp. Class A (LEN) $14.74 -3.66%
Dow Jones I.A - Risers
JP Morgan Chase & Co. (JPM) $39.18 +1.93%
Du Pont E I De Nemours and Co. (DD) $38.36 +1.48%
Caterpillar Inc. (CAT) $65.85 +1.39%
Cisco Systems Inc. (CSCO) $23.48 +1.34%
Dow Jones I.A - Fallers
Pfizer Inc. (PFE) $15.20 -1.75%
Intel Corp. (INTC) $21.33 -0.88%
Procter & Gamble Co. (PG) $61.30 -0.74%
Travelers Company Inc. (TRV) $51.35 -0.70%
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