MARKET PULSE-BlackBerry, Perion, Steinway, Vical, Dole Food, Tesla Motors
Aug 12 (Reuters) - Some U.S. stocks on the move on Monday:
WALL ST OPENS LOWER, EXTENDING RECENT DECLINE
U.S. stocks mostly fell, extending the previous week's decline as investors found few reasons to buy, though a rally in BlackBerry limited the Nasdaq's decline.
The Dow Jones industrial average was down 0.24 percent while the Standard & Poor's 500 Index was down 0.26 percent. The Nasdaq Composite Index was down 0.03 percent.
** BLACKBERRY LTD, $10.24, up 5 pct (0952 ET)
The Canadian smartphone maker, struggling to compete in a difficult market, has set up a committee to look at options, including joint ventures, partnerships or a sale of the company.
In a statement released before the market opened, the company said board member Timothy Dattels, an investment banker and former Goldman Sachs executive, would chair the new committee, which would also include BlackBerry Chief Executive Thorsten Heins. Continued...