This is your Benzinga news summary and traders' summary for Thursday, December 29, 2011, covering headlines from the day and Wednesday's after-hours session.
Today in the domestic after-hours session, U.S equity indices trended higher. At last check, the Dow Jones Industrial Average is up by about 135 points or 1.12% and the U.S. dollar trades lower near the $80.80 level.
Earlier this morning, RBC Capital upgraded News Corp (NYSE:
NWSA) to Top Pick and Roth Capital upgraded Hollisys Automation Technologies (NASDAQ:
HOLI) to Buy. View all of
.
Miller Tabak downgraded City National (NYSE:
CYN) to Hold and Raymond James downgraded Edenor (NYSE:
EDN) to Market Perform. View all of
today's downgrades hereGOOD) announced that it
acquired property in Pittsburgh for $4.2M .
Fushi Copperweld (NASDAQ:
FSIN) today announced that
it has received an offer to become private, at $9.50 per share.
Imperial Sugar Company (NASDAQ:
IPSU) today announced that
it has delayed its 10-K because it has not received audited financials from a major equity holder.
Today's movers include:
Hollysys Automation Technologies (NASDAQ: HOLI) +17.1% after securing contract with a Chinese company
Ivanhoe Energy (NASDAQ: IVAN) +15.7% on heavy volume
DexCom (NASDAQ: DXCM) +10.1% on positive analyst sentiment
Deckers Outdoor Corporation (NASDAQ: DECK) -8% after entering new financing agreement
StoneMor Partners (NYSE: STON) -5.8% on heavy volume
Danaos Corporation (NYSE: DAC) -5.4% on low volume
This concludes your news summary for December 29, 2011.
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