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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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  • 5:27 AM   Elan (ELN) intends to issue $850M worth of senior notes with a coupon of 6.25%. The offer for the debt, which matures in 2021, is due to close on Friday next week. The pricing of the bonds comes a day after Elan rejected a sweetened takeover bid from Royalty Pharma. Shares +0.65% premarket. ( PR)
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