BUZZ-U.S. Stocks on the Move-Solazyme, Genworth, Gold stocks, Web.com
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U.S. stocks rose slightly in a volatile session on Thursday, with investors cheered that Europe would step in with more stimulus if needed, though continued weakness in energy shares and some lackluster results kept a lid on gains. The Dow Jones industrial average was up 0.27 percent at 17,531.16, the S&P 500 was up 0.15 percent at 2,026.69 and the Nasdaq Composite was up 0.05 percent at 4,623.036.
** GENWORTH FINANCIAL INC, $8.86, -37.03 pct
The life and mortgage insurer said it would suspend dividends in its life business until the end of next year, and that it was open to all strategic options.
** QUALCOMM INC, $68.445, -11.34 pct
The company warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe.
As many as nine brokerages cut their price targets on the stock on Thursday. Continued...