MARKET PULSE-Acura, Daktronics, DSW, PetroLogistics, Wet Seal

Wed May 28, 2014 11:05am EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, U.S. stocks were little changed on Wednesday, with technicals in focus and scant key items on the U.S. economic calendar, following yet another record close on the benchmark S&P 500 index. The Dow Jones industrial average was down 5.57 points or 0.03 percent at 16,669.93, the S&P 500 was up 0.73 points or 0.04 percent at 1,912.64 and the Nasdaq Composite was up 0.46 points or 0.01 percent at 4,237.53.

** CONOCOPHILIPS, $80.05, +1.28 pct

Analysts at Guggenheim Securities raised their price target on the largest U.S. independent oil and gas company's stock to $90 from $82. The raise is due to higher net asset value, with increases in U.S. Onshore and Deepwater Exploration, and higher earnings before interest, taxes, depreciation, depletion, amortization and exploration expenses.

** VIVUS INC, $4.865, +4.18 pct

Aspen Investment Fund, a shareholder of the obesity drug maker, said it was planning to offer to buy the company for $640 million.

** LOWE'S COS INC, $46.85, -1.95 pct   Continued...