(EMAILWIRE.COM, March 19, 2010 ) Dallas, Tx - Ford Motor Company (NYSE:F) fell 0.35% to $13.68 after the Wall Street Journal reports that U.S. car sales rose the first half of March is lifting expectations that totals for the month will show the industry's recovery is picking up speed. J.D. Power & Associates is now forecasting March U.S. sales will reach an annualized pace of 12 million cars and light trucks, the highest level the industry has seen in 18 months except for last August, when "cash for clunkers" rebates spurred sales. Additionally, reports surfaced that talks for the sale of Ford's Volvo unit to China's Zhejiang Holding Group have been held up over internal issues at Ford.
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Google Inc. (NASDAQ:GOOG) fell 0.18% to $565.40 after reports that the company will close its business in China. China Business News reported that Google might announce details of its exit from China on Monday, citing unnamed Google employees in China. Google declined to comment on the newspaper reports.
Hologic, Inc. (NASDAQ:HOLX) fell 1% to $19.37 after an analyst notes it would be time for profit taking in the stock. Oppenheimer notes that Hologic shares have risen 35% this year. The analysts in the firm believe that investors are over estimating the growth potential that would be fueled by a digital mammography equipment replacement cycle, new products, or future opportunities. Oppenheimer expects another double-digit decline for mammography in FY10. As a result, the firm would use the recent strength to take profits in the stock.
ViroPharma Incorporated (NASDAQ:VPHM) rose 0.52% to $13.48 after today it announced the presentation of two abstracts relating to Cinryze (C1 esterase inhibitor [human]) therapy at the First International Congress of the Southern European Allergy Society in Florence, Italy.
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