MARKET PULSE-J.C. Penney, BlackBerry, Wal-Mart, Carnival Corp

Wed Sep 25, 2013 2:28pm EDT
 
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Sept 25 (Reuters) - U.S. stocks were little changed on Wednesday, with the S&P 500 facing a possible fifth straight day of declines, as the lack of progress in Washington threatened a government shutdown in just six days. The Dow Jones industrial average fell 14.83 points or 0.1 percent, to 15,319.76, the S&P 500 gained 0.73 points or 0.04 percent, to 1,698.15 and the Nasdaq Composite added 8.057 points or 0.21 percent, to 3,776.311.

** J.C. PENNEY CO INC, $10.18, down 15 pct (01:39 p.m. ET)

The struggling retailer's shares tumbled to their lowest in nearly 13 years on Wednesday after Goldman Sachs said it expects sales at the troubled department store chain to improve more slowly than expected.

** BLACKBERRY LTD, $8.10, down 5 pct (01:54 p.m. ET)

The Canadian smartphone maker's shares fell five percent on Wednesday on rising doubts a $4.7 billion takeover offer for the struggling smartphone maker by Fairfax Financial Holdings Ltd FFH.TO will succeed.

** WAL-MART STORES INC, $74.66, down 1.4 pct (02:22 p.m. ET)   Continued...