Midday movers: Dell, Health Management

Stocks are mixed as disappointing manufacturing data for November offsets earlier gains.

By MSN Money Partner Dec 3, 2012 2:13PM
Image, Wall Street sign copyright Corbis, SuperStocklogoInformation provided by Theflyonthewall.com

Dell (DELL) shares jumped nearly 6% after Goldman upgraded the stock two notches, from a "sell" rating to a "buy," citing lowered expectations that the company may outperform and its strong cash position. 

November auto sales rose to what may be the highest annual sales rate since February 2008. General Motors (GM) sold 186,505 vehicles, up 3.4%, while Ford (F) sales rose 6.5% to 177,673 units, Toyota Motor (TM) U.S. sales increased 17% to 161,695 units and Chrysler (FIATY) sales gained 14% to 122,565 units.

Among the notable gainers Monday were Deckers Outdoor (DECK), up 7% following an upgrade to "buy" at Sterne Agee, and VeriSign (VRSN), up over 6% after a positive mention in this weekend's Barron's. 

Among the noteworthy losers was TPC Group (TPCG), which fell about 7% after Innospec (IOSP) withdrew its acquisition proposal. Also lower were shares of Health Management (HMA), down almost 5% after a negative mention in a "60 Minutes" report and a downgrade at CRT Capital. 
1Comment
Dec 3, 2012 3:16PM
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ReTog, you have an opinion on WPRT? I'm in a buying mood on this as I'm thinking of the large fleets of Super Duties roaming around here will probably start burning the energy they are seeking.
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