BUZZ-U.S. Stocks on the Move-Lakeland, Wet Seal, Dycom, Douglas Dynamics
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) The S&P 500 hit a record high on Tuesday as the U.S. economy rose more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range near the unchanged level.
The Dow Jones industrial average was up 0.13 percent at 17,840.18 and the S&P 500 was up 0.01 percent at 2,069.68.
** LAKELAND INDUSTRIES INC, $12.9514, +30.03 pct
The United States had bought up most of the available hazmat suits, leaving little for Africa, according to a Wall Street Journal article published Monday. (on.wsj.com/15jjuqn)
The hazmat suit maker's CEO Christopher Ryan said the rush of Ebola-related orders had led to a material improvement in their business, the Journal reported.
** WET SEAL INC, $0.351, -7.63 pct
The women's apparel retailer, battling falling same-store sales and mounting losses, has hired investment bank Houlihan Lokey Capital to explore strategic and financial alternatives. Continued...