CORRECTED-MARKET PULSE-Lufkin, BioCryst, CEDC, Gol Linhas

Mon Apr 8, 2013 10:26am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Corrects Weatherford item to say William Conroy is an analyst with MVL & Co, not MVL Consulting)

April 8 (Reuters) - Some U.S. stocks on the move on Monday:

WALL STREET DIPS AT OPEN, DEFENSIVE SECTORS FALL

U.S. stocks opened slightly lower on Monday, following the S&P 500's largest weekly decline this year, with defensive sectors weighing the most on the benchmark index.

The Dow Jones industrial average fell 22.65 points or 0.16 percent, to 14,542.6, the S&P 500 lost 0.87 point or 0.06 percent, to 1,552.41 and the Nasdaq Composite added 3.96 points or 0.12 percent, to 3,207.82.

** LUFKIN INDUSTRIES INC, $87.88, up 37.4 pct (0932 ET)

** GENERAL ELECTRIC CO, $23.02

General Electric said it will buy oilfield services provider Lufkin Industries for about $2.98 billion to boost its presence in the energy business.   Continued...