Market Roundup (BA, HYMLF.PK, AAPL, HTZ, DTG, CAR, DRL)
The deal inked by Boeing (NYSE: BA) for F/A-18 fighters may be delayed by the Navy as it has asked for more time from the Congress on a deadline for recommending the deal.
Hyundai (OTC: HYMLF.PK) sales jumped 30% with Sonata as its top seller, which gained 57%, while Tucson surged 171%.
The new policy of Apple (NASDAQ: AAPL) of requiring software developers to devise applications for the iPhone and iPad to use only AAPL’s programming tools may face an anti-trust inquiry by the agency of the US regulators.
Last week’s announcement of Hertz Global’s (NYSE: HTZ) readiness to acquire Dollar Thrifty (NYSE: DTG) for $41 per share has forced Avis Budget Group (NYSE: CAR) to make a substantially higher offer for DTG.
Shares of Doral Financial (NYSE: DRL) fell by 34% after the downgrade in rating by Cantor Fitzgerald. The analysts said, "Doral did not win any of the three Puerto Rico banks that the FDIC closed and sold last Friday. This was a surprise to us because... with a relatively narrow and stagnant franchise, in our view, this was Doral's major opportunity to grow."
Read more from Benzinga's Markets.
