November 30, 2012 at 09:45 AM EST
Investors Eye Fiscal Cliff as Markets Edge Higher
The markets opened slightly higher as negotiators in Washington continued working on a budget deal. The Dow edged up 19 points to 13,040 while Nasdaq slipped 2 points to 3009.
Shares of Ulta Salon (Nasdaq: ULTA) rose after the beauty retail chain posted higher 3rd quarter revenues and profits. Analysts promptly upgraded the stock.
Tellabs (Nasdaq: TLAB) named a new CEO and declared a special cash dividend of $1 a share.
Shares of Christopher & Banks (NYSE: CBK) surged after the women's clothing retailer posted a 3rd quarter profit on higher same-store sales.
On the downside
Yum! Brands (NYSE: YUM) lowered its earnings outlook for the next year citing weak sales growth in China for the fast food chain.
VeriSign (Nasdaq: VRSN) agreed to certain limitations for the pricing of domain names in an agreement with ICANN.
Shares of Zynga (Nasdaq: ZNGA) fell after the online gaming company lost preferential treatment in its relationship with Facebook (NYSE: FB).
In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 on the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks rose rose a fraction to 823.
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