Stocks closed higher on Thursday, as weekly jobless claims rose
less than expected and some positive stock news helped to raise
investor sentiment.

Countrywide Financial ( CFC | Quote | Chart | News | PowerRating) secured an additional
$12 billion in in financing from new and existing credit lines, a
sign that the worst may have passed for the troubled mortgage
company.

McDonald's ( MCD | Quote | Chart | News | PowerRating) increased its annual dividend by
50% and announced plans to return $15 - $17 billion cash to
stockholders (full
story).

First Horizon National ( FHN | Quote | Chart | News | PowerRating) is cutting 1,500
mortgage jobs and going to reduce its real estate exposure (full
story).

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