BUZZ-U.S. STOCKS ON THE MOVE-AOL, Ford, Knightbridge, Mistras, Valeant
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U.S. stocks climbed on Thursday, a day after equities snapped a five-day losing skid, on expectations for continued acceleration in the U.S. economy and more aggressive action by the European Central Bank. The Dow Jones industrial average was up 1.64 percent at 17,872.3, the S&P 500 was up 1.62 percent at 2,058.69 and the Nasdaq Composite was up 1.56 percent at 4,722.80.
** FORD MOTOR CO, $15.31, +1.80 pct
The carmaker raised its quarterly dividend 20 percent; to pay 15 cents per share first-quarter dividend. Ford on Monday reported 1 percent rise in December sales.
** MISTRAS GROUP INC, $20.46, +11.99 pct
The acoustic emission sensor maker raised its revenue forecast to $720 million-$740 million for the full year from $705 million-$730 million on Wednesday, based on strong second-quarter results and "additional upside" from acquisition of Nacher Corp.