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 (NASDAQ:
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 Leaders: Music & Electronics Stores, Beverages & Wineries
Related symbols: RSH, BBY, TAP, DEO
Monday Sector Laggards: Biotechnology, Application Software Stocks
Related symbols: NPSP, SYN, NETE, RATE
Friday Sector Leaders: Metals Fabrication & Products, Sporting Goods & Activities
Related symbols: NOR, PGTI, SNOW, MTN
Monday's ETF with Unusual Volume: IXG
Related symbols: IXG, BAC, RF, TRV, KB
Monday's ETF Movers: GDXJ, TAN
Related symbols: DRD, PPP, DQ, SCTY, TAN, GDXJ
VGK, DUST: Big ETF Outflows
Related symbols: VGK, DUST, NSRGY, NVS
Daily Dividend Report: CPG, IRM, VET, SRE, XEC, ARE, LPT, LHO
Related symbols: CPG, IRM, VET, SRE, XEC, ARE, LPT, LHO
Daily Dividend Report: INTC, ABT, TJX, BXP, RL, SLG, HUN, CBI, DRI, OCR
Related symbols: INTC, ABT, TJX, BXP, RL, SLG, HUN, CBI, DRI, OCR
Daily Dividend Report: AMT, YUM, BRC, CL, TYC, NUE
Related symbols: AMT, YUM, BRC, CL, TYC, NUE
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Related symbols: S, BAC, EBAY, AAPL, YHOO, CL, TYC, PM, IP, AMAT
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Related symbols: BAC, AAPL, VALE, GILD, HES, AEO, EGAS, DOW, FDO
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Related symbols: RSH, AAPL, BAC, TWTR, HUM, BBY, CSCO, LOW, PPL, SYY
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Related symbols: BAC, YHOO, AAPL, NOK, AVNR, ADBE, LEN, CAG, ORCL
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Related symbols: BAC, YHOO, MSFT, AAPL, BKS, RH, KR, DRI
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Related symbols: CWPR, AAPL, BAC, HRB, JOY, PAY
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Daily Market Wrap: August 20, 2012
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