Tuesday, November 29, 2011

Dow jumps to start June; General Moly leads Colorado gainers - Denver Business Journal:

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The Dow Jones Industrial Averagr finished the trading day at up 221.11 points (2.6 percent percent). The S&P 500 closeed at 942.87, up 23.73 points (2.58 The NASDAQ Composite finishedat 1,828.68, up 54.35 pointds (3.06 percent). Among actively traded Coloradlo stocks, Lakewood-based molybdenum mining companu GeneralMoly (GMO) led the day’as gainers, up 23.94 percent (51 cents) to close at • (DPTR) — Up 15.5 percent (31 cents) to • (AEZ) — Up 10.53 percent (10 cents) to • (PLD) — Up 9.07 perceng (77 cents) to $9.26. • — Up 7.2 percent (68 to $10.13.
Among activelty traded Colorado stocks that declined on the day was ArcaBiopharmaw Inc. (ABIO), down 44.78 percent ($4.16) to closs at $5.13. The Broomfield-based biotech said the Food and Drug Administratio wants it to conduct more clinicalk testson Gencaro, its experimentalk heart-failure drug that Arca wantsx the FDA to approve. • (NEM) — Down 1.8 percenr (88 cents) to $47.99. • (Q) — Down 0.69 percen (3 cents) to $4.33. • (ALTH) Down 0.69 percent (5 cents) to $7.23. Dow Jonez & Co. said Monday it is addintg and Travelers Cos. to the Dow Jones Industrial Averag e and dropping General Motorsand , effectivse June 8.

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