MARKET PULSE-Hilton, Faceboook, Cisco, ARC Group, Corcept, Zale

Thu Dec 12, 2013 11:45am EST
 
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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/nex49s) U.S. stocks fell for a third day on Thursday amid uncertainty over how soon the Federal Reserve will trim its market-friendly stimulus program. The Dow Jones industrial average was down 0.52 percent at 15,761.04, the S&P 500 was down 0.23 percent at 1,778.06 and the Nasdaq Composite was up 0.03 percent at 4,005.124.

** HILTON WORLDWIDE INC, $21.5, +7.50 pct

** BLACKSTONE GROUP LP, $28.97, -0.62 pct

Shares of Hilton, the world's largest hotel operator, rose 7 percent in their New York Stock Exchange debut on Thursday.

The shares opened at $21.30 after Blackstone raised more than $2.3 billion in the year's second-biggest IPO.

** FACEBOOK INC, $51.36, +4.01 pct

** WILLIAMS COS, $34.27, -0.20 pct   Continued...