The bulls ended their winning streak today with stocks closing slightly lower across the board. Dropping oil prices sent the energy sector lower. Combined with a better than expected consumer confidence number resulted in a listless session. The DJIA gave back 1.67, the Nasdaq dipped 2.68, and the S&P 500 fell 1.59.
Here are 7 stocks you need to know for Wednesday.
United Community Banks [UCBI|UCBI] is temporarily suspending dividends.
Helsinki based cell phone handset maker, Nokia, filed a complaint against Apple [AAPL|AAPL] over a patent issue.
Johnson & Johnson [JNJ|JNJ] is recalling Tylenol Arthritis Caplets due to a foul smell.
A federal probe into Spectranetics [SPNC|SPNC] ended today with the payment of $5 million dollars.
Imperial Sugar [IPSU|IPSU] settled a property insurance claim for an industrial accident last year.
Fannie Mae [FNM|FNM] and CB Richard Ellis Group [CBG|CBG] climbed on the steady home price report.