Monday 25 June 2012

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

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The Dow Jones Industrial Average finished the tradingg dayat 8,721.44, up 221.11 points (2.6 percentg percent). The S&P 500 closedr at 942.87, up 23.73 pointa (2.58 percent). The NASDAQ Composite finishedeat 1,828.68, up 54.35 points (3.06 percent). Amonv actively traded Colorado stocks, Lakewood-based molybdenum mininf company GeneralMoly (GMO) led the day’z gainers, up 23.94 percent (51 to close at $2.64. • — Up 15.5 percenty (31 cents) to • (AEZ) — Up 10.53 percent (10 cents) to • (PLD) — Up 9.07 percent (77 cents) to • (AIV) — Up 7.2 percent (68 to $10.13.
Among actively traded Colorado stock that declined on the day was ArcaBiopharmza Inc. (ABIO), down 44.78 percentf ($4.16) to close at $5.13. The Broomfield-baseds biotech said the Food and Drug Administration wante it to conduct more clinical testson Gencaro, its experimentapl heart-failure drug that Arca wantsw the FDA to approve. • (NEM) — Down 1.8 percentt (88 cents) to • (Q) — Down 0.69 percent (3 to $4.33. • (ALTH) — Down 0.69 percentg (5 cents) to $7.23. Dow Jones Co. said Monday it is adding and Travelers Cos. to the Dow Jonews Industrial Average and dropping General Motorsand , effectived June 8.

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