ADVERTISEMENT
July 05, 2012 at 19:21 PM EDT
Lower Close Over Continued Global Economic Concerns
Despite a gain in June private employer hiring, the markets closed lower with the Dow losing 47 points to 12,896 over continued global economic concerns. Nasdaq held steady at 2976.
On the upside
Arena Pharmaceuticals (Nasdaq: ARNA) promoted Craig M. Audet to the position of Senior Vice President, Operations and Head of Global Regulatory Affairs.
Kohl's (NYSE: KSS) reported a drop in June same store sales but sales improved at the end of the month.
LeapFrog (Nasdaq: LF) announced the resignation of chief financial officer Mark Etnyre effective October 1, 2012.
On the downside
Ampio Pharmaceuticals (Nasdaq: AMPE) founder and chief scientific officer Dr. David Bar-Or and chairman and lead investor Michael Macaluso extended their lock-up agreement from July 15, 2012 to January 2013.
UBS downgraded Veolia Environment (NYSE: VE) from Neutral to Sell.
Profit taking sank shares of BPZ Resources (NYSE: BPZ).
In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by more than 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped a point to 817.
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
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here