Cisco FUELS Fusion-io as 4 Dow 30 Stocks Rally to Lift Market 1.3%

Cisco Systems, Inc. (NASDAQ:CSCO): Fusion-io (NYSE:FIO) rises following the announcement that its Fusion ioMemory product will be built into Cisco’s (NASDAQ:CSCO) Unified Computing System, UCS, server intended for data centers. Cisco’s Chief Technology officer, Data Center Group, explains that this will increase the ability of Cisco UCS Blade servers to provide Cisco customers with scalable application acceleration. The shares closed up $0.32 (1.91%) Tuesday at $16.79.

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Bank of America Corporation (NYSE:BAC): Following the early achievement of a similar goal announced in 2007 and completed years before scheduled, Bank of America agreed Monday to another goal to invest $50B in green energy and similar environmental projects during the next 10 years. The shares closed up $0.21 (2.88%) Tuesday at $7.49.

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Chevron Corp. (NYSE:CVX): Bloomberg reports, seven economies were added to the U.S. list of  countries exempted from financial sanctions on Iranian oil imports. These countries include: India, South Korea, Turkey, South Africa, Malaysia, Sri Lanka and Taiwan. The shares closed up $0.83 (0.83%) Tuesday at $100.74.

EI DuPont de Nemours & Co. (NYSE:DD): The most recent World Agricultural Supply and Demand Estimates report states that due to higher consumption reducing carrying and decreasing world production, the USDA has removed 7M tons from its forecast of global wheat supplies for 2012/13. The report maintained its current forecast for U.S. feed grain supplies for the year 2012/13 as well as projecting the season average price ranges for corn, sorghum, barley, and oats for 2012/13. The shares closed up $1.23 (2.53%) Tuesday at $49.89.

General Electric Co. (NYSE:GE): the company considers removing large pieces of its lending business, relieving investors who are not comfortable that the conglomerate owns one of the U.S.’s largest banks. The shares closed up $0.37 (1.94%) Tuesday at $19.48.

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