Stocks Crossing 50-Day SMA 12/20: (WFT) (LLY) (DHI) Above; (SD) (VVUS) (DECK) Below
- Donald Trump Sworn in as 45th U.S. President
- Wall Street ends higher as Trump becomes president
- Walgreens Boots Alliance (WBA) Said to Face Antitrust Concern for Rite Aid (RAD) Fix - Bloomberg
- Apple (AAPL) Sues Qualcomm (QCOM) Over Patent Royalties in Antitrust Case - Bloomberg
Crossing and above:
- Weatherford (NYSE: WFT) - up 0.2 percent. Getting a little boost as CEO Duroc-Danner cancelled about $10.4 million of equity awards due to stock performance. For more color, click here.
- Eli Lilly (NYSE: LLY) - up 0.5 percent. Higher after entering a settlement with the U.S. SEC over U.S. Foreign Corrupt Practices Act (FCPA) compliance. Lilly will pay $29.4 million in the agreement. For more color, click here.
- D.R. Horton, Inc. (NYSE: DHI) - up 0.5 percent. D.R. ticking higher as peer KB Home (NYSE: KBH) topped fourth-quarter expectations.
- SandRidge Energy, Inc. (NYSE: SD) - down 5.1 percent. Announced it would sell Permian Basin properties in a $2.6 billion cash deal. For more, click here.
- VIVUS, Inc. (Nasdaq: VVUS) - up 1.3 percent. Announced that Express Scripts added Qsymia to its national pharmacy formularies, allowing for coverage where available by benefit design of the first new FDA-approved medication commercially available in the U.S. in over a decade for the treatment of chronic weight management. Shares of VIVUS have closed higher six of the last eight sessions.
- Deckers Outdoor (Nasdaq: DECK) - down 2.4 percent. Seeing some pressure amid positive comments out of Sterne Agee today, saying, in part, that the worst was over for the maker of UGGs. For more on the call,
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