Midday movers: Google, Apple, Nasdaq

Stocks are slightly lower with the averages moving in a narrow range as earnings season nears a close.

By MSN Money Partner Feb 11, 2013 2:23PM
Wall Street sign copyright Corbis, SuperStocklogoInformation provided by Theflyonthewall.com

Google (GOOG) slid about 1% after Chairman Eric Schmidt disclosed plans to sell 3.2 million of the shares he holds, valued at $2.5 billion.

Apple (AAPL) iPhones will replace BlackBerry (BBRY) handsets for Home Depot (HD) managers and corporate staffers, according to a blog report. Shares of Apple rose nearly 2% amid that and the usual torrent of other news surrounding the world's biggest tech company, including rumors of a new "iWatch" that is under development.

Its strength may have also been related to continued speculation around what, if anything, CEO Tim Cook may announce tomorrow in terms of plans to return capital to shareholders.

Among the notable gainers was Nasdaq (NDAQ), which jumped over 5% after Charles Gasparino of Fox Business said the company held "going private" talks with Carlyle Group (CG) that broke down but may resume. 

Also higher was Regeneron (REGN), which rose 4% after it disclosed that its partner Sanofi (SNY) plans to raises its stake by purchasing Regeneron shares. Sanofi was also higher by 3%, but that may have had more to do with the FDA directing Novo Nordisk (NVO) to carry out a new study on its competing insulin product prior to U.S. approval. Novo Nordisk shares fell 14% following the FDA decision. 

Also lower were shares of Heckmann (HEK), which declined 8% following a downgrade at Wedbush, and Green Mountain (GMCR), which slid 4% after a downgrade at Dougherty.
Tags: AAPLBBRYCGGMCRGOOGNVOREGNSNY
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Re-TOG Re-TOG (Re-TOG)
Feb 11, 2013 5:39PM
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ROUGHLY 5 ARTICLES.........Tha​t "mention or Laud" Apple Corporation..aapl..

 

And you wonder why the MSN readers and bloggers might GET BORED ???

 

C'mon MSN, TRY coming up with "new material."

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