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U.S. Stocks Open Lower, Activist Fight Brewing at United

U.S. stocks opened lower on Tuesday and tracked weakness in crude oil prices.

U.S. stocks opened lower on Tuesday and tracked weakness in crude oil prices. China reported a more than 25% drop in exports in February due to a slowdown in global demand. In corporate news, it looks like and activist campaign may be underway at United Airlines (UAL). The Wall Street Journal reports two of the airlines' shareholders are nominating six directors to the airlines' board. The shareholders together own a 7% stake in the company's stock. One of the nominees is the former CEO of Continental Airlines, Gordon Bethune. Shares of Dick's Sporting Goods (DKS) took a hit after its latest quarterly profit report missed expectations by a few pennies, although revenue came in above estimates. The sporting goods retailer's CEO said warm weather hurt sales in Q4. Dicks said it plans to spend money on making some store improvements. A different story for Urban Outfitters (URBN), the apparel retailer saw its shares move higher after a strong showing during the holiday season. TheStreet's Rhonda Schaffler has details from Wall Street.