Crummy economic data from October ISM Manufacturing and September Construction Spending didn't manage to kill overseas gains that led to more mixed rallying in U.S. equity markets. Ahead of tomorrow's elections, it seems that the markets are just going into a holding pattern. U.S. auto sales were atrocious. Here are today's unofficial closing bell levels:
Boeing Co. (NYSE: BA) had its 27,000 union machine workers start returning to their jobs this weekend after a 57-day labor strike that shut down production of its jet manufacturing operations. The stock was up 1.3% at $53.12 in today's final minutes.
SIRIUS XM Radio Inc. (NASDAQ: SIRI) was down almost 9% at $0.30 right before the close. A class action suit was filed by a holder who has joined with over 500 shareholders to oust management and to protect holders by keeping the company from being taken private or from a reverse split.
StemCells Inc. (NASDAQ: STEM) saw a monster rally today after it said that its proprietary HuCNS-SC product candidate can protect the retina from progressive degeneration when transplanted into a well-established animal model. Shares were up 48% at $2.14 right before the close. See today's full stem cell synopsis ahead of tomorrow's presidential election.
VeraSun Energy (NYSE: VSE) looks like "Lights Out Inc." for common shareholders after the ethanol producer has filed for voluntary chapter 11 protection so that it can reorganize. Shares were down over 52% at $0.23 right before the close.
Whole Foods Inc. (NASDAQ: WFMI) was under pressure all day after a WSJ report noted that the upscale organic and high-end grocery store will likely have to cut its own estimates for earnings and cap-ex and growth for the current fiscal year. Shares were down over 6% at $10.00 in the minutes right before the close.
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