End-of-Day Market Summary for November 22, 2011

This is your Benzinga news summary and traders' summary for Tuesday, November 22, 2011, covering headlines from Tuesday's trading session. Today at market close, the Dow Jones Index traded down about 53.51 points or 0.46%, the S&P 500 traded 0.41% lower, the Nasdaq Composite Index traded down 0.07%, and the U.S. dollar trades slightly lower near the $78.40 level. Earlier today, Barrington Research upgraded Dolby Laboratories

to Outperform and Miller Tabak upgraded Sirius XM

to Buy. View all of

. Wells Fargo downgraded Pharmasset

to Market Perform and Raymond James downgraded Trina Solar

to Market Perform. View all of

. Overseas, European markets ended their trading session lower. Britain's FTSE 100 lost 0.3%, Germany's DAX decreased by 1.22% and France's CAC 40 slid by 0.84% on the session. Asian stocks ended their session mixed. China's Shanghai Index lost 0.05%, Japan's Nikkei 225 decreased by 0.4%, and the Hang Seng index gained 0.14%. On the economic calendar, US GDP quarter-over-quarter came in at 2% versus an estimate of 2.5%, Personal Consumption came in at 2.3% versus an estimate of 2.4%, GDP Price Index came in at 2.5% versus an estimate of 2.5%, and Core PCE quarter-over-quarter came in at 2% versus an estimate of 2.1%. On the commodity front,

and

futures traded lower today, with gold trading about 0.1% lower today. Energy futures are higher, however, with

up over 1% near the $97.90 level and

futures are trading higher by about 2.5%.

futures are higher by about 0.25% and

futures are trading over 0.4% lower. On the earnings front this afternoon, Tivo Reports

Q3 EPS $(0.21) vs $(0.23) Est; Revenues $64.8M vs $50.50M Est; Nuance Communications

Reports Q4 EPS $0.42 vs $0.41 Est; Revenues $399.5M vs $393.33M Est; Pandora MEDIA

Reports Q3 EPS $0.02 vs $(0.01) Est; Revenues $75.0M vs $71.44M Est. In corporate news, Windstream Corp

announced that

, creating a $6 billion company with nationwide outreach. Merck

announced that

. The seven year investigation dealt with Merck's withdrawal of its drug "Vioxx" from the market. Merck charged itself $950 million in October 2010 in anticipation of this decision. B+H Ocean Carriers

announced that

. Today's Movers include:

This concludes your news summary for November 22, 2011.