Midday movers: Amarin, American International Group

Stocks pare earlier gains and turn mixed after the consumer sentiment survey disappoints.

By MSN Money Partner Dec 7, 2012 2:33PM
Image, Wall Street sign copyright Corbis, SuperStockInformation provided by Theflyonthewall.com

Netflix (NFLX) and CEO Reed Hastings each received a "Wells Notice" from the SEC, indicating its intent to recommend to the SEC that it institute a cease and desist proceeding and/or bring a civil injunctive action against Netflix and Hastings for violations of Regulation Fair Disclosure. Hastings responded on Facebook to defend the earlier post that got him scrutinized and contend that he and the company were not acting improperly.

Among the notable gainers were Uni-Pixel (UNXL), up 13% after revealing it has entered a multi-million dollar license agreement with a "major PC maker," and American International Group (AIG), up over 2% after confirming that it is in talks to sell a 90% interest in International Lease Finance Corporation to a Chinese investor group. 

Among the noteworthy losers were Amarin (AMRN), down more than 19% after disclosing plans to raise money and hire a sales force, and Regal Entertainment (RGC), down 3% following a downgrade of its stock to Neutral at Piper Jaffray.
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