Stocks of the Day
Citigroup Inc. made a higher offer for Nikko Cordial, and its shares suffered the biggest fall midday Tuesday on the Dow Jones Industrial Average.
The 30-stock index lost 70.18 to 12,248.44.
Citigroup offered as much as $14.40 per share, or $13.35 billion, for the Japanese brokerage. Its previous offer was $11.44 per share. The stock dropped 66 cents to $49.70 on the New York Stock Exchange.
Shares of JP Morgan Chase & Co. gave up 63 cents to $48.21 on the NYSE.
Wal-Mart Stores Inc. dipped after the U.S. Commerce Department's disappointing February sales report. Sales at the nation's retailers were up 0.1 percent for the month, less than analysts expected. Wal-Mart shares lost 59 cents to $46.67 on the Big Board.
On the positive side, AT&T Inc. edged up 21 cents to $37.27 on the NYSE.
Exxon Mobil Corp. looked to reverse course from two straight losing days, gaining 48 cents to $71.35 on the NYSE.
3M Co. continued to rise, with shares adding 24 cents to $75.41 on the NYSE after a gain of 44 cents on Monday.
Source:AP
The 30-stock index lost 70.18 to 12,248.44.
Citigroup offered as much as $14.40 per share, or $13.35 billion, for the Japanese brokerage. Its previous offer was $11.44 per share. The stock dropped 66 cents to $49.70 on the New York Stock Exchange.
Shares of JP Morgan Chase & Co. gave up 63 cents to $48.21 on the NYSE.
Wal-Mart Stores Inc. dipped after the U.S. Commerce Department's disappointing February sales report. Sales at the nation's retailers were up 0.1 percent for the month, less than analysts expected. Wal-Mart shares lost 59 cents to $46.67 on the Big Board.
On the positive side, AT&T Inc. edged up 21 cents to $37.27 on the NYSE.
Exxon Mobil Corp. looked to reverse course from two straight losing days, gaining 48 cents to $71.35 on the NYSE.
3M Co. continued to rise, with shares adding 24 cents to $75.41 on the NYSE after a gain of 44 cents on Monday.
Source:AP
posted by Stock Administrator @ 6:52 PM
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