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Homeland Security Stocks Rise on Terror Fears

Homeland Security Stocks Rise on Terror Fears (Forbes ) "Bad news in Iraq and fears there could be more bombings such as those in Madrid last month was good news for homeland security stocks on Tuesday," reports Reuters. "A $1.2 million contract awarded to Canada's Spectrum Signal Processing Inc.... from an unspecified defense contractor also helped drive shares higher as investors bet the deal signaled more were on the way. 'You've got all this testimony about 9/11 and you have the threat of terrorism out there,' said Tim Heekin, director of stock trading at Thomas Weisel Partners. 'If terrorism is in the forefront, then it's [not unexpected] that these stocks should be going up.'" [View article ]

 
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