Flat Close Over Economic Concerns
Global economic concerns weighed the markets down to a flat close the Dow holding steady at 12,815. Nasdaq held steady at 2904.
On the upside
Sarepta Therapeutics (NYSE: SRPT) reported upbeat results from a Phase II clinical trial of its Duchenne muscular dystrophy treatment eteplirsen at the Action Duchenne meeting.
China Digital TV (NYSE: STV) declared a special cash dividend of $2.30 per share payable in two installments on December 3, 2012 and February 4, 2013 to shareholders of record November 26, 2012.
Sherwin-Williams (NYSE: SHW) will pay approximately $2.34 billion in cash to acquire privately held Consorcio Comex. On the downside
Jefferies downgraded Nektar Therapeutics (Nasdaq: NKTR) to a Hold rating.
Gilead's (Nasdaq: GILD) upbeat trial results for its hepatitis C treatment weighed down share of Achillion (Nasdaq: ACHN), which is developing its own hepatitis C drug.
Morgan Stanley downgraded Inteliquent (NYSE: IQNT) to an Underweight rating.
In the broad market, declining issues outpaced advancers by a margin of more than 19 to 9 on the NYSE and by nearly 5 to 4 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped a point to 793.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here