The GGSI closed higher by a large margin. This week’s 80.57 point gain ( close at 1278.18 ) was the biggest gain since last September. There were 26 gaining stocks, three losing stocks, and one unchanged.
Biggest winners - SiRF (25.70%), Google (18.03%), Stewart Information Services (13.66%)
Biggest losers - Northrup Grumman (-6.67%), General Dynamics (-1.07%), Telvent (-0.49%)
News
Autodesk (4.00%) - AutoCAD Map 3D 2009 works with Citrix.
Garmin (1.61%) - Lehman Brothers initiates coverage at Equal-Weight.
General Dynamics (-1.07%) and Trimble (5.50%) - Working with Raytheon on modernized military GPS receivers.
Google (18.03%) - Introduces Google Earth 4.3 beta.
ITT (2.82%) - Downgraded by Credit Suisse from Outperform to Neutral.
Microsoft (6.38%) - UK user feedback causes Microsoft to undo its move to Multimap. Live Maps now Safari-compatible.
NAVTEQ (5.11%) - Unveiled TV traffic reporting system.
SiRF ( 25.70%) - President/CEO resigned.
