MINYANVILLE ORIGINAL The S&P 500
(INDEXSP:.INX) is up .45% to 1,413.43 as of 2:20 p.m. today. Leading this rise is Western Digital Group
(NASDAQ:WDC) which rose 8.48% to $36.47 after announcing a quarterly dividend of $0.25
. Also up is Citigroup
(NYSE:C) which gained 7.00% to $36.69 per share after announcing that it will cut 11,000 jobs
. On the other hand, copper and gold producers Freeport-McMoRan Copper & Gold Inc
(NYSE: FCX) lost 14.60% to $32.68 a share after announcing plans to acquire Plains Exploration & Production Company (NYSE:PXP) and McMoRan E (NYSE: MMR)
No positions in stocks mentioned.