November 16, 2012 at 10:33 AM EST
Lower Open As Fiscal Cliff Talks Begin
The markets opened lower with the Dow losing 26 points to 12,516 as fiscal cliff discussions begin today. Nasdaq fell 9 points to 2827.
On the upside
OfficeMax (NYSE: OMX) announced Black Friday deals beginning online on Thanksgiving morning and at stores on Black Friday.
Swisher Hygiene (Nasdaq: SWSH) sold its Choice Environmental Services subsidiary to Waste Services of Florida for approximately $123.3 million in cash. On the downside
A Food and Drug Administration advisory panel said that Dynavax Technologies (Nasdaq: DVAX) has failed to demonstrate that its hepatitis B vaccine Heplisav was safe.
Sina (Nasdaq: SINA) reversed year ago losses for the third quarter but the company forecast current quarter revenue well below expectations.
Sears Holding (Nasdaq: SHLD) widened third quarter losses as revenue dropped.
In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks fell 5 points to 764.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here