MARKET PULSE- Herbalife, J.C. Penney, Gain Capital, ReneSola

Tue Apr 9, 2013 10:44am EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/faq23t)

April 9 (Reuters) - Some U.S. stocks on the move on Tuesday:

WALL ST FLAT AS EARNINGS SEASON STARTS

U.S. stocks were little changed on Tuesday as investors were wary of initiating large bets at the start of the earnings season, which is forecast to show only modest growth.

The Dow Jones industrial average rose 20 points, or 0.4 percent, to 14,636. The Standard & Poor's 500 Index edged down 0.15 point, or 0.01 percent, at 1,562.92. The Nasdaq Composite Index added 0.48 points, or 0.01 percent, to 3,222.73.

** HERBALIFE LTD, shares halted (1013 ET), Monday close $38.39

KPMG will resign as the auditor of the company after a KPMG partner was fired for leaking nonpublic information on companies the firm audited, the New York Times reported on Tuesday, citing an unnamed source.

** J.C. PENNEY, $14.00, down 12 pct (1018 ET)   Continued...