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Stocks Flat at the Finish Line

D.R. Horton ( DHI ) shares tumbled 5.8% after the homebuilder posted quarterly results that missed Wall Street's expectations.

Beazer Homes (BZH - Get Report) shares plunged 17.3% after the homebuilder reported a bigger quarterly loss than forecast; sales increased more than expected.

Research In Motion (RIMM) shares added 3.2% as the company announced that it will hold its BlackBerry 10 launch event on Jan. 30, 2013.

Best Buy (BBY) will hire Sharon McCollam, the former Williams-Sonoma (WSM) chief financial officer, as its next finance chief. Best Buy shares climbed 3.6%.

Celgene (CELG) shares jumped 5.8% after the company said Friday night that its cancer drug Abraxane prolonged the survival of patients with advanced pancreatic cancer in a closely watched phase III study.

Annaly Capital Management (NLY), the manager of real estate related investments, has proposed to acquire the shares of Crexus Investment (CXS) that Annaly does not already own. Crexus shares popped 12% and Annaly shares fell 0.73%.

-- Written by Andrea Tse and Joe Deaux in New York.

>To contact the writer of this article, click here: Andrea Tse.

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BZH $14.67 0.00%
DHI $32.77 0.00%
AAPL $117.81 0.00%
FB $105.45 0.00%
GOOG $750.26 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

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