Daily Market Wrap: August 20, 2012 Monday, August 20, 5:05 PM ET
U.S. stocks were little changed on Monday, after the S&P 500 Index rose to its highest level since April, as investor concern about Europe's debt crisis offset a rally.
Best Buy (NYSE:
BBY) stock was lower after its founder declined an offer from the board to conduct due diligence and appraoch shareholders with his buyout offer.
Waste Management (NYSE:
WM) fell by 3.3 percent after Barron's reported the stock may fall as much as 15 percent because of operating performance.
Corinthian Colleges (
COCO) forecast revenue in the first quarter will be no more than $405 million, missing the estimates of $406.4 million.
Apple rose by 2.5 percent to $664.10, as the stock continues to rise speculation that production has started on a smaller version of the iPad tablet and a new television product.
For MarketNewsVideo.com, I'm Tracey Fitzpatrick.
Monday Sector Laggards: Oil & Gas Exploration & Production, Metals & Mining Stocks
Related symbols: MHR, SGY, HNRG, HCLP
Monday Sector Leaders: Cigarettes & Tobacco, Water Utilities
Related symbols: UVV, XXII, CWCO, SJW
Friday Sector Laggards: Water Utilities, Oil & Gas Refining & Marketing Stocks
Related symbols: CDZI, CWCO, CLNE, ALJ
Monday's ETF with Unusual Volume: EXI
Related symbols: EXI, GE, AAL, UAL, JOY
Monday's ETF Movers: XLU, XOP
Related symbols: FE, XEL, SGY, CRC, XOP, XLU
UUP, BCHP: Big ETF Outflows
Related symbols: UUP, BCHP, KSU, VC
Daily Dividend Report: AEE, VMC, LNT, NRG, FSP
Related symbols: AEE, VMC, LNT, NRG, FSP
Daily Dividend Report: PBA, RPM, VET, QCOM, OXY, PSX, SE, SEE, SKT, KBH
Related symbols: PBA, RPM, VET, QCOM, OXY, PSX, SE, SEE, SKT, KBH
Daily Dividend Report: F, CSX, LEN, DPZ, MMS, EME, TAHO
Related symbols: F, CSX, LEN, DPZ, MMS, EME, TAHO
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Daily Market Wrap: August 20, 2012
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