Stocks End Mixed As Greek Deal Seems in Sight (UPS, GOOG)

With no real new information on the negotiations in Europe, major indices were quite mixed today. The Dow inched up close to 13,000, and the S&P 500 came quite close to its 2011 high, but the Nasdaq was down. In corporate news, United Parcel Service (UPS) had its $6.4 billion bid to buy TNT Express rejected, but the talks are ongoing. Meanwhile, Demand Media posted a $6.4 million loss in Q4, and every indication seems to be that Google's (GOOG) algorithm tweaks from that time period, as Demand is massively dependent on search traffic for their revenue.

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Published on Feb 17, 2012
By InvestorGuide Staff

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