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Wall Street flat, Blackberry slumps; Twitter raises IPO range
[Reuters] - U.S. stock indexes were little changed on Monday in below-average trading volume, while shares of Blackberry plummeted to a 10-year low after the company replaced its CEO. U.S.-listed shares of Blackberry (BBRY.O) tumbled 17.2 percent to $6.43 a share after the smartphone maker said it was abandoning a plan to sell itself. Twitter (TWTR.N) (IPO-TWTR.N), meanwhile, raised the upper end of the projected price range for its initial public offering later in the week, an encouraging sign for the social media company. It remains to be seen whether the market can push higher, with much dependent on the steps the Federal Reserve will take in the months ahead in response to economic data.
http://us.rd.yahoo.com/finance/news...s/stock-futures-rise-four-week-123919482.html
[Reuters] - U.S. stock indexes were little changed on Monday in below-average trading volume, while shares of Blackberry plummeted to a 10-year low after the company replaced its CEO. U.S.-listed shares of Blackberry (BBRY.O) tumbled 17.2 percent to $6.43 a share after the smartphone maker said it was abandoning a plan to sell itself. Twitter (TWTR.N) (IPO-TWTR.N), meanwhile, raised the upper end of the projected price range for its initial public offering later in the week, an encouraging sign for the social media company. It remains to be seen whether the market can push higher, with much dependent on the steps the Federal Reserve will take in the months ahead in response to economic data.
http://us.rd.yahoo.com/finance/news...s/stock-futures-rise-four-week-123919482.html
