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: Metals & Mining, Education & Training Services
Related symbols: SCOK, ANR, ESI, EDMC
Monday Sector Laggards: Aerospace & Defense, Railroads
Related symbols: ATRO, ESLT, CSX, CP
Friday Sector Leaders: Education & Training Services, Shipping Stocks
Related symbols: ESI, CECO, FRO, NM
Monday's ETF with Unusual Volume: IYH
Related symbols: IYH, PFE, ABBV, NPSP, PDLI
Monday's ETF Movers: ITB, ILF
Related symbols: LII, TMHC, PBR.A, CPL, ILF, ITB
VGK, FUTS: Big ETF Outflows
Related symbols: VGK, FUTS, NSRGY, NVS
Daily Dividend Report: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEE
Related symbols: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEE
Daily Dividend Report: HBAN, OHI, B, SLB, MS, DFS, PPG, SNDK, ED
Related symbols: HBAN, OHI, B, SLB, MS, DFS, PPG, SNDK, ED
Daily Dividend Report: GS, PAG, JNJ, QCOM, WY, XRX, AES, CIT
Related symbols: GS, PAG, JNJ, QCOM, WY, XRX, AES, CIT
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Daily Market Wrap: August 20, 2012
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