![Wall Street Finishes Off The Week On A High Note: Acadiana Business Index](http://townsquare.media/site/36/files/2011/10/Wall-Street-Sign-Michael-Nagle-Getty3.jpg?w=980&q=75)
Wall Street Finishes Off The Week On A High Note: Acadiana Business Index
Wall Street rises before this weekend's European Union summit as the Dow Jones Industrial Average added 267 points. Mark Lasseigne fills you in today's Acadiana Business Index.
- General Electric fell 1.9% to $16.31 after earnings just matched estimates. Chief Executive Jeff Immelt called GE's third-quarter industrial-profit margin "a low for the year".
- Microsoft reported third-quarter earnings were in-line with expectations, although profits in the Windows and Windows Live division declined. MSFT up .4% to $ 27.16
- Verizon reported quarterly profit more than doubled on of an uptick in wireless subscribers and improved profit margins. VZ up .8% to $37.42
- And, Schlumberger earnings fell from a year-earlier, though North America revenue more than doubled from a year earlier due in part to strong growth in shale basins. SLB .9% to $67.38
- Crude oil ended at $88.05 a barrel.
- And Gold closed at $1,636 an ounce.
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