MARKET PULSE-Supevalu, Deckers, Dell, TPC Group, LDK Solar

Mon Dec 3, 2012 10:10am EST
 
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Dec 3 (Reuters) - Some U.S. stocks on the move on Monday: (For the Morning News Call newsletter, link.reuters.com/nex49s. For more market insights, including options activity, click on STXNEWS/US; for the day ahead newsletter, link.reuters.com/mex49s)

** WALL ST PARES GAINS AFTER DATA

U.S. stocks pared gains and the Dow turned negative after data showed the U.S. manufacturing sector contracted in November, dropping to its lowest level since July 2009. The Dow Jones industrial average was down 0.07 percent, the Standard & Poor's 500 Index was up 0.04 percent and the Nasdaq Composite Index was up 0.19 percent.

** SUPERVALU INC, $2.64, up 11 pct (0933 ET)

Cerberus Capital Management LP, working on an acquisition of the troubled grocer, has indicated it is willing to pursue multiple options for the company, including a deal to buy Supervalu's entire business and another to purchase its Albertsons stores, the Wall Street Journal reported. (link.reuters.com/hah44t)

** DECKERS OUTDOOR CORP, $42.39, up 11 pct (0933 ET)   Continued...