Stock Up on Greek Debt Deal (WFC, MCD)

Major indices were up across the board today, recovering in full from the dramatic drop two days ago. It is looking increasingly likely that the Greek debt swap deal will go through, as over 75 percent of bondholders have signaled that they are willing to sign on. Jobless claims were also slightly up from the week before, but the news from Greece seemed to trump this. In corporate news, Well Fargo (WFC) is expanding its checking account fees to six more states, part of an ongoing trend of big banks adding additional fees to consumer accounts.
McDonald's (MCD) saw a slowdown in international sales.

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Published on Mar 8, 2012
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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