Stocks Sent Lower by Yahoo and Merck News

Major indices trade fractionally lower. Crude oil futures
close lower by 0.4% to $62.19.

Stocks on the Move

Yahoo
(
YHOO |
Quote |
Chart |
News |
PowerRating)
Reveals Reorganization Of Structure; COO To Leave, CFO
Susan Decker To Head Customer-focused Group (full
story
). YHOO shares fall over 2%.

Lufthansa Orders 20 Boeing
(
BA |
Quote |
Chart |
News |
PowerRating)
747-8 Passenger Jets Worth $5.5 Bln (full
story
). BA shares finish fractionally higher.

Merck
(
MRK |
Quote |
Chart |
News |
PowerRating)

Backs FY06 EPS Outlook, Guides FY07; Reaffirms Plan To Eliminate 7,000 Jobs By
End Of 2008 (full
story
). MRK shares fall by 1.6%.

InterDigital Communications
(
IDCC |
Quote |
Chart |
News |
PowerRating)
Is Falling On Lower Than Expected Q4 Revenues (full
story
). IDCC shares drop nearly 7%.

Oshkosh Truck
(
OSK |
Quote |
Chart |
News |
PowerRating)

Completes Acquisition Of JLG Industries; Expects Q1 EPS Below View (full
story
). OSK shares rise by 0.5%.

Panera Bread Company
(
PNRA |
Quote |
Chart |
News |
PowerRating)

Is Dropping After Cutting Guidance Due To Storms (full
story
). PNRA shares fall by 3.3%.

For more stories as they happen, go to our Breaking News section.

Market Snapshot

Dow


-22.35

12,309.25

Nasdaq

-6.52

2,445.86

S&P 500


-1.86

1,412.90

NYSE


NASDAQ

Volume


2,617,584,000

1,864,236,000

Advances


1480

1372

Declines


1827

1667

Up Volume


1096

727

Down Volume


1290

1021

New Highs


340

155

New Lows


11

32

Strongest/Weakest Sectors

Strongest Sectors

Weakest Sectors


Morgan Stanley Healthcare Payors
Index (HMO)


GSTI Software Index (GSO)


Morgan Stanley Healthcare Providers Index (RXH)

Amex Gold Bugs
Index (HUI)

PHLX Oil Services Sector Index (OSX)

PHLX Gold and Silver Sector Index (XAU)

Economic News

E.I.A. reports that crude oil inventories had a draw of 1.05 mln barrels

Darren Wong
darrenw@tradingmarkets.com

Use our most popular trading tool to find out how your stocks will move in the next 5 days.