MARKET PULSE-Aeropostale, Parsley, Youku Tudou, Aluminum stocks
(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 rose modestly on Friday, after a better-than-expected reading on the housing market, as the S&P held just below its record intraday high. The Dow Jones industrial average was up 0.33 percent at 16,598.14, the S&P 500 was up 0.35 percent at 1,899.06 and the Nasdaq Composite was up 0.47 pct at 4,173.95.
** AEROPOSTALE INC, $3.41, -24.56 pct
The teen apparel retailer could raise doubts about continuing as a going concern as soon as next year, brokerage Morgan Stanley said a day after the teen apparel retailer reported its seventh straight quarterly decline in comparable sales.
** HEWLETT-PACKARD CO, $33.67, +5.95 pct
The information technology company's shares rose on Friday after it said a day earlier that it would cut as many as 16,000 jobs.
At least four brokerages raised their price targets on the stock which was one of the most traded on the New York Stock Exchange.
** PTC THERAPEUTICS INC, $23.15, +51.11 pct
** PROSENA HOLDINGS, $7.854, +18.64 pct Continued...