Log in to your IBTimes Account

close
ID
Password

Midday Leaders and Laggards: Nasdaq 100



By AP
18 June 2008 @ 12:35 pm EST

NEW YORK - The Nasdaq 100 index slipped in midday trading Wednesday after FedEx Corp. stoked broader market fears about energy prices when it warned high costs and drooping demand may hamper fiscal 2009 profits.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
FDX 73.7 5.34
DISH 16.5 2.79
SRCL 54.41 5.19
NIHD 28.15 6.25
BIIB 47.13 4.35
FAST 40.47 3.25
RIMM 63.87 8.59

SYMBOL LOOKUP

The index, which includes 100 of the largest nonfinancial securities listed on the Nasdaq Stock Market, fell 15.16 points to 1,957.66 in midday trading. The broader Nasdaq composite fell 19.34 points to 2,438.39.

Shares of satellite TV company Dish Network Corp. fell $1.74, or 5.3 percent, to $31.28.

Shares of medical waste management company Stericycle Inc. lost $1.62, or 2.9 percent, to $54.76.

Shares of NII Holdings Inc., a wireless service company, decreased $1.36, or 2.6 percent, to $50.09.

On the gaining side, shares of Biogen Idec Inc. rose $1 to $59.35.

Shares of Fastenal Co. added 85 cents to $48.73. The company makes nuts, bolts, studs and other supplies.

Shares of Research in Motion Ltd., which makes the popular BlackBerry smartphone, added $1.64 to $143.80. A Lehman Brothers analyst boosted his price target and estimates on the company Wednesday.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Industries
The Bush administration will spend $250 billion this year to purchase stock in banks and take a number of other bold steps in an effort to combat a globa...
Base metals prices have bounced due to an anticipated recovery of financial markets sparked by efforts to recapitalise banks.
Rio Tinto's unit Energy Resources of Australia has reported a 1% fall in uranium output for the third quarter.

Advertisement
Corporate Website Design

Professional Website Design For Corporate - Get a Free Quote Today

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives