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Teradata Corp. (TDC) Is Adding To Recent Gains

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3/2/2012 10:24 AM ET

Teradata Corp. (TDC: Quote) gapped up slightly Friday and has continued to climb in early trade. Shares are now higher by 1.31 at $68.33.

Teradata Corp. has been on an upward trend since mid-January and has risen to a new high for the year Friday morning.

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by RTT Staff Writer

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Stocks have moved mostly higher in early trading on Wednesday, adding to the gains posted in the two previous sessions. The major averages have all moved to the upside, although buying interest has waned since the open. Industrial production in the U.S. rose by more than expected in the month of March, the Federal Reserve revealed in a report on Wednesday, with the report also showing a notable upward revision to the pace of production growth in the previous month. The report said industrial production increased by 0.7 percent in March after surging up by an upwardly revised 1.2 percent in February. Housing starts in the U.S. showed a notable increase in the month of March, according to a report released by the Commerce Department on Wednesday, although starts still came in well below economist estimates. The report showed that housing starts climbed 2.8 percent to an annual rate of 946,000 in March from the revised February estimate of 920,000.
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