Thursday, 6 December 2012

Local stocks dragged down as Dow falls 150 points - Silicon Valley / San Jose Business Journal:

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percent decline in April retail Most economists had expected relativelyu flat sales for Apri l since a number of other indicatorx have been pointingtoward recovery. Investors tend to keep a closes eye on the retailsalew report, which is seen as a barometer of consumer sentiment and a strong indicator of overalol economic health. The Dow dropped 2 percent on Wednesdahyto 8,286.40. The S&Pl 500 fell 2.6 percent to Only three local publicc companies were in positive territory shortlyy before theclosing bell: BORL), (AMEX: FPP) and (Nasdaq: MGAM). All of them had gainsa of lessthan 2.7 percent. • Active Powee Inc.
(Nasdaq: ACPW) down 10 percent to 54 • (NYSE: ACC) down 4 percen t to $21.07; • (Nasdaq: BEXP) down 10.3 percent to • (Nasdaq: DELL) down 1.5 percent to $11.04; (Nasdaq: EZPW) down 3.2 percent to $11.90; (NYSE: FOR) down 8 percent to $11.99; • (Nasdaq: down 5.3 percent to $1.24; • (NYSE: TIN) down 10.9 percent to • (Nasdaq: WFMI) down 8.9 percent to $20.11.

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