Stocks Mixed as Dow Ends Just Below 13000 (AOL, WPO)

Major indices were mixed today, with the Dow ending very slightly down, and the S&P 500 and Nasdaq ending around 0.2 percent up.  In corporate news, Starboard Value LP nominated five directors for America Online's (AOL) board. Starboard has a 5.2 percent stake in AOL and is dissatisfied with the direction the company is going. AOL has struggled to regain profitability for many years. The Washington Post Company (WPO) announced that its earnings fell by 22 percent in Q4.

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Published on Feb 24, 2012
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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