US stocks : Dow off 0.5 pct
Reuters: New York, Feb 08 2013, 02:29 IST
to their take-home pay from higher payroll taxes. But an index of retailers was down 0.3 percent.
Macy's Inc rose 1.5 percent to $40.09 after reporting January same store sales rose 11.7 percent.
But Ann Inc dropped 6.7 percent to $30.59 after forecasting fourth-quarter sales below analysts' expectations.
Fund manager David Einhorn's Greenlight Capital on Thursday said it has sued Apple Inc and said the company needs to do more to unlock value for shareholders. Apple shares gained 0.6 percent to $457.43.
Akamai Technologies Inc lost 15.6 percent to $35.06 as the worst performer on the S&P 500 after the Internet content delivery company forecast current-quarter revenue below analysts' expectations.
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