© Reuters. 3 Rumors Pushing Around Stocks Today
By Investing.com Staff
Stocks slipped into the red again Thursday with the closing down just over 1%. Despite the drop, several rumors lifted select stocks on Wall Street today. We highlighted a few below:
Berry Corporation (NASDAQ:) jumped nearly 10% on reports from Reuters it is exploring options, including a possible sale. The oil & gas company is said to have hired a banker for the strategic review.
Credit Suisse (NYSE:) gained nearly 2% on reports from Bloomberg it is looking for an outside investor to inject money into a spinoff of its advisory and investment banking business. The First Boston name may also be revived as part of the deal.
Nordstrom, Inc. (NYSE:) was higher earlier in the session on renewed takeover rumors. In September, the retailer adopted a poison pill after Mexican peer, El Puerto De Liverpool (BMV:), accumulated a nearly 10% stake.
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