Stocks Crossing 50-Day SMA 12/18: (GM) (FITB) (GE) Above; (MO) (LO) (URRE) Below

• General Motors Co. (NYSE: GM) - up 2.1 percent. Shares have been trading in a tight $24.50 to $26 range over the last few months. Today, GM is getting a little boost from reports that it plans further expansion of its luxury line Cadillac in China. For more, click here.
  
  
• Fifth Third Bancorp (Nasdaq: FITB) - up 2.2 percent. Declared a 10 cent quarterly dividend today. The financials are seeing some positive upside as a whole, with BofA (NYSE: BAC) and Citi (NYSE: C) both hitting new 52-week highs.
  
  
• General Electric Co. (NYSE: GE) - down 1.9 percent. .GE is down on the session, but recent performance is still keeping shares above the 50-day SMA. Investors are currently waiting on GE to close a $4 billion deal to acquire Italian aircraft parts maker, Avio. For more color, click here.
  
  
• Eli Lilly (NYSE: LLY) - up 2.4 percent. Announced a $1.5 billion stock buyback and 49 cent quarterly dividend earlier.

• Altria Group Inc. (NYSE: MO) - down 1.3 percent. Tobacco companies have come under pressure, though no direct news has been mentioned for the sector pressure. Shares slipped below the $33 near-term support level today.
  
  
• Uranium Resources, Inc. (Nasdaq: URRE) - down 12.2 percent. Seeing pressure following a 24 percent run higher Monday. Today, the company announced that it has filed a proxy statement to seek shareholder approval of a reverse stock split. The Company also announced the closing of $5 million in bridge financing with Resource Capital Fund V L.P. and the Company’s plan to undertake a shareholder rights offering in 2013.
  
  For more from the release, click here.
  
  
• Lorillard, Inc. (NYSE: LO) - down 2.1 percent. See Altria above. Lorillard has closed lower 12 of the last 13 and is on track for a seven day losing streak.

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