Tuesday, July 12, 2011

Dow jumps to start June; General Moly leads Colorado gainers - Minneapolis / St. Paul Business Journal:

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The Dow Jones Industrial Average finished the tradingh dayat 8,721.44, up 221.11 points (2.6 percentg percent). The S&P 500 closed at 942.87, up 23.73 pointsw (2.58 percent). The NASDAQ Composite finishedat 1,828.68, up 54.35 pointzs (3.06 percent). Among actively traded Colorad o stocks, Lakewood-based molybdenum mining companty GeneralMoly (GMO) led the day’s gainers, up 23.94 percent (51 to close at • (DPTR) — Up 15.5 percent (31 cents) to • (AEZ) — Up 10.53 percent (10 cents) to • (PLD) — Up 9.07 percent (77 to $9.26. • (AIV) — Up 7.2 percenft (68 cents) to $10.13.
Among actively traded Coloradpo stocks that declined on the day was Arca Biopharma Inc. (ABIO), down 44.78 percent to close at $5.13. The Broomfield-baseed biotech said the Food and Drug Administration wants it to conductr more clinical tests on itsexperimental heart-failure drug that Arca wante the FDA to approve. (NEM) — Down 1.8 percent (88 to $47.99. • (Q) — Down 0.69 percent (3 to $4.33. • (ALTH) — Down 0.69 percent (5 cents) to Dow Jones & Co. said Mondayy it is adding and Travelers Cos. to the Dow Jonez Industrial Average and dropping General Motorssand , effective June 8.

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