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.
Tuesday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
Related symbols: UNT, CWEI, IO, JPEP
Tuesday Sector Leaders: Packaging & Containers, Trucking Stocks
Related symbols: OI, GPK, SWFT, ARCB
Monday Sector Laggards: Shipping, Oil & Gas Equipment & Services
Related symbols: GNK, NMM, ETE, WMB
Tuesday's ETF with Unusual Volume: PSJ
Related symbols: PSJ, CRM, ATVI, SABR, PAYC
Tuesday's ETF Movers: PJP, XOP
Related symbols: HRTX, DEPO, SWN, UPL, XOP, PJP
HEWG, CBON: Big ETF Outflows
Related symbols: HEWG, CBON, EWG
Daily Dividend Report: LLL, UTX, MDLZ, ABC, STI, WCN, CDW
Related symbols: LLL, UTX, MDLZ, ABC, STI, WCN, CDW
Daily Dividend Report: HAS, V, O, CNA, PRE, BWP
Related symbols: HAS, V, O, CNA, PRE, BWP
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Related symbols: BMS, PEP, EL, DTE, APA, KLAC, CE, FLR, ITC
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Daily Market Wrap: August 20, 2012
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