MARKET PULSE-China Sunergy, Electronic Arts, Precision Drilling

Thu Dec 5, 2013 12:41pm EST
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock indexes fell modestly on Thursday as a round of mixed economic data left investors unsure over how soon the Federal Reserve was prepared to begin winding down its monetary stimulus. The Dow Jones industrial average was down 0.20 percent at 15,858.59, the S&P 500 was down 0.24 percent at 1,788.52 and the Nasdaq Composite was down 0.03 percent at 4,036.617.

** APPLE INC, $571.93, +1.23 pct

Billionaire investor Carl Icahn said on Wednesday that he has filed a shareholder proposal with the iPhone maker for a much smaller stock buyback plan than he has advocated previously, as he continued to pressure Apple to share more of its cash pile.

** NUANCE COMMUNICATIONS INC, $14.255, +0.74 pct

Activist investor Carl Icahn on Wednesday reported an 18.7 percent stake in the maker of software that runs the Siri feature on Apple Inc's iPhones, up from his earlier stake of almost 17 percent. (link.reuters.com/bus25v)

Icahn has been raising his stake in the company. In October, Nuance agreed to Icahn's board nominees including his son Brett Icahn.

** CITIGROUP INC, $50.97, -2.06 pct   Continued...