Stocks closed fractionally higher on Wednesday, after retailers reported disappointing sales over the holiday period, and another gloomy housing report.
Berkhshire Hathaway (BRK.A | Quote | Chart | News | PowerRating) agreed to buy a 60% stake in Marmon Holdings for $4.5 billion (read more).
Target (TGT | Quote | Chart | News | PowerRating) is declining after the company cut its December same-stores sales expectations amid weak sales (read more).
LDK Solar (LDK | Quote | Chart | News | PowerRating) is among the biggest gainers on the NYSE, while China Sunergy (CSUN | Quote | Chart | News | PowerRating), Solarfun Power (SOLF | Quote | Chart | News | PowerRating) and Hoku Scientific (HOKU | Quote | Chart | News | PowerRating) are among the biggest gainers on the Nasdaq.
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