This is your Benzinga news summary for Friday, December 16, 2011, covering headlines from Friday's daytime trading session.
Today at market close, the Dow Jones Index traded down about 2.57 points or 0.02%, the S&P 500 traded 0.32% higher, the Nasdaq Composite Index traded up 0.56%, and the U.S. dollar trades lower near the $80.75 level.
Earlier today, Stifel Nicolaus upgraded Discover
DFS to Buy and Citi upgraded Athenahealth
ATHN to Neutral. View all of
today's upgrades here.
Wells Fargo downgraded Morton's Restaurant Group
MRT to Market Perform and RW Baird downgraded Pharmasset
VRUS to Neutral. View all of
today's downgrades here.
Overseas, European markets ended their trading session lower. Britain's FTSE 100 lost 0.25%, Germany's DAX decreased by 0.5% and France's CAC 40 slid by 0.88% on the session. Asian stocks ended their session higher. China's Shanghai Index rallied by 2.01%, Japan's Nikkei 225 increased by 0.29%, and the Hang Seng index gained 1.43%.
On the economic calendar, the Core CPI came in at 0.2% versus an estimate of 0.1%; CPI came in at 3.4% versus an estimate of 3.5%.
On the commodity front,
gold and
silver futures traded mixed today, with gold trading about 0.15% higher today. Energy futures are higher, however, with
crude oil up over 0.16% near the $94 level and
gasoline futures are trading higher by about 0.5%.
Natural Gas futures are higher by about 0.2% and
copper futures are trading over 0.9% higher.
There were no significant earnings announcement today.
In corporate news, Jones Soda
JSDA announced that
it will be delisting from the TSX Canadian stock exchange.
Lender Processing Services
LPS announced that
it has cooperated fully with the Nevada Attorney General to no avail.
Herbalife
HLF announced that
to had a maximum fine of $250k liable to the Belgian government.
Today's Movers include:
RSC Holdings RRR +57.8% after acquisition announcement by United Rentals
Cobalt International Energy CIE +22% on heavy volume
Alexco Resource Corp AXU +16.3% on heavy volume
Nicor GAS -24.6% on weak volume
Inhibitex INHX -19.5% on poor analyst sentiment
Lender Processing Services LPS -17.5% on negative legal issues
This concludes your news summary for December 16, 2011.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
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