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Daily Wrap: May 23, 2013
Daily Wrap: May 23, 2013            

Moving the Market

Briefing.com - LIVE market analysis Market Summary  | Stocks On The Move
5/23/2013 4:15 PM ET
[BRIEFING.COM][BRIEFING.COM] The major averages ended modestly lower with the S&P 500 shedding 0.3%.

The benchmark average saw an opening loss of 1.2% after Japan's Nikkei tumbled 7.3%. Japanese stocks sold off amid continued volatility in Japanese...

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Stock Market Headlines


Sabra Health Care REIT, Inc. Discusses Capital Markets Strategy; Updates 2013 Guidance    4:49PM ET  - GlobeNewswire

MGP Ingredients, Inc. Adjourns Annual Meeting    4:47PM ET  - GlobeNewswire

3rd UPDATE: J.P. Morgan's McInerney Departs for Visa    4:40PM ET  - Dow Jones Business News

Helmerich & Payne, Inc. Agrees to Sell Portion of Equity Portfolio Holdings    4:38PM ET  - GlobeNewswire

Salesforce.com 1st-Quarter Loss Widens as Expenses Rise    4:37PM ET  - Dow Jones Business News

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  • 4:55 PM   Occidental Petroleum (OXY) may consider selling its overseas assets or splitting into three separate companies to fund a stock buyback and improve its share price, CEO Steve Chazen reportedly told UBS analysts this week. "Chazen's commentary clearly implied that any restructuring strategy would likely focus on larger-scale restructurings with potential to 'move the needle' in terms of valuation," UBS writes.
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