MARKET PULSE- J.C. Penney, Skechers, Gain Capital, Mistras Group
April 9 (Reuters) - Some U.S. stocks on the move on Tuesday:
WALL ST TREADS WATER OVER PROFITS, J.C. PENNEY NOSEDIVES
U.S. stocks were flat on Tuesday as cautious investors waited to see if earnings would keep the market rally alive, while the choice of chief executive at J.C. Penney sent the retail chain plunging.
The Dow Jones industrial average was up 11.85 points, or 0.08 percent, at 14,625.33, the Standard & Poor's 500 Index was up 0.42 point, or 0.03 percent, at 1,563.49 and the Nasdaq Composite Index was down 0.56 point, or 0.02 percent, at 3,221.70.
** HERBALIFE LTD, $38.08, down 1 pct (1258 ET)
** SKECHERS USA INC, $21.97, up 2 pct (1303 ET)
California-based companies Herbalife and Skechers both said KPMG has resigned as their audit firm in connection with an alleged leak of information regarding nonpublic information. Continued...