CORRECTED-MARKET PULSE-AOL, Ford Motor, Pfizer, Oramed Pharma, Kratos Defense
(Corrects Galena Biopharma item to clarify that the analyst did not comment on the blog's claim that the drug "has killed plenty of people") U.S. stocks were down on Monday, adding to recent losses after data showed the factory sector in the world's largest economy expanded in January at its slowest pace in eight months. The Dow Jones industrial average was down 1.14 percent at 15,519.96, the S&P 500 was down 1.19 percent at 1,761.34 and the Nasdaq Composite was down 1.38 percent at 4,047.256.
** AT&T INC, $32.34, -2.94 pct
** T-MOBILE US INC, $30.49, -0.26 pct
** VERIZON COMMUNICATIONS INC, $46.689, -2.77 pct
AT&T's plan to cut prices on its large shared data plans is aimed at winning customers in an increasingly fierce competition with rivals such as T-Mobile US and could force larger rival Verizon to offer new discounts, analysts said.
** JOS. A. BANK CLOTHIERS INC, $54.08, -3.81 pct
** MEN'S WEARHOUSE INC, $44.66, -7.04 pct
Jos. A. Bank rejected on Sunday yet another offer by rival Men's Wearhouse, the latest in a prolonged acquisition battle between the two men's clothing retailers. Continued...