MARKET PULSE-Genworth, Dick's Sporting, Simcere Pharma

Mon Mar 11, 2013 9:42am EDT
 
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March 11 (Reuters) - Some U.S. stocks on the move on Monday: (For more market insights, including options activity, click on STXNEWS/US; for The Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

WALL ST SLIPS ON CHINA DATA, ITALY DOWNGRADE

U.S. stocks opened slightly lower on Monday as Italy's credit downgrade and disappointing data from China curbed investors' enthusiasm. The Dow Jones industrial average edged down 12.94 points, or 0.09 percent, the Standard & Poor's 500 Index slipped 2.25 points, or 0.15 percent, and the Nasdaq Composite Index was off 6.50 points, or 0.20 percent.

** DICK'S SPORTING GOODS INC, $46.80, down 8 pct (0938 ET)

The sporting goods retailer forecast weak first-quarter profit after reporting lower-than-expected fourth-quarter results, hurt by the weak sales of its fitness equipment and cold weather accessories.

** SIMCERE PHARMACEUTICAL GROUP, $9.05, up 12 pct (0938 ET)   Continued...