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FEB 12, 2013 - San Francisco Chronicle

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Dow gets close to record high

Dow gets close to record high In a quiet day of trading, stocks were driven higher by beauty products maker Avon and luxury clothing and accessories company Michael Kors, whose results impressed investors. Consumer spending accounts for 70 percent of economic activity in the U.S. Financial and home building stocks also lifted stocks, led by Bank of America and Masco Corp, which notched some of the day's biggest gains. Comcast bought a 51 percent stake in NBC for $13.8 billion in cash and assets. [...] the company has benefited from improving prime-time ratings among 18- to 49-year-olds ... Read More

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