Following the market opening Monday, the Dow traded up 0.16
percent to 16,091.03 while the NASDAQ gained 0.02 percent to
3,992.36. The S&P also rose, surging 0.05 percent to
Top Headline Wal-Mart Stores (NYSE:
) announced the
retirement of its president
and chief executive Mike Duke.
Wal-Mart appointed Doug McMillon, head of international
operations, as its new president and CEO, effective February
Equities Trading UP Giant Interactive Group (NYSE:
) shot up 10.37 percent to $11.18 after the company received a
to acquire the company for $11.75 per share.
Shares of Orexigen Therapeutics (NASDAQ:
) got a boost, shooting up 13.56 percent to $6.4501 after the
of the interim analysis of the Light Study.
) was also up, gaining 9.60 percent to $10.39 after
Bank of America
initiated coverage on the stock with a Buy rating and a $13.00
Equities Trading DOWN Shares of The ADT (NYSE:
) were down 7.34 percent to $40.78 after the company
announced the repurchase
of 10.24 million shares held by Corvex at $44.01 per share.
Celldex Therapeutics (NASDAQ:
) shares tumbled 6.08 percent to $26.59 after the company
reported rindopepimut data in patients with recurrent
) was down, falling 4.18 percent to $43.35 after the company
reported downbeat Q3 profit.
Commodities In commodity news, to $93.41, while gold traded
down 0.80 percent to $1,234.70.
Silver traded down 0.31 percent Monday to $19.84, while copper
rose 0.06 percent to $3.22.
Eurozone European shares on Monday. The Spanish Ibex Index
rose 0.28 percent, while Italy's FTSE MIB Index gained 0.14
percent. Meanwhile, the German DAX surged 0.90 percent and the
French CAC 40 jumped 0.52 percent while U.K. shares rose 0.34
Economics The pending home sales index declined 0.6% to 102.1
The Treasury is set to auction 3-and 6-month bills.
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advice. All rights reserved.
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