24/7 Wall St. Closing Bell — October 17, 2012: Markets Don't Move Much Today (C, CSCO, TWX, RYL, ADTN, BAC, CSX, IBM, INTC, URI, ABT, BK, BLK, CHKP, CMA, HAL, KCG, PEP, USB, AXP, EBAY, NE, STLD, BSX, DO, MS, NVR, PM, LUV, SVU, UNP, VZ, CYMI, APOL, FT
Cymer Inc. (NASDAQ: CYMI) is up 49.9% at $71.70 after posting a new 52-week high of $77.07 earlier today. The semiconductor equipment maker is being acquired by Holland's ASML for $2.5 billion, or $20 a share in cash and 1.15 shares of ASML stock for each Cymer share held.
Apollo Group Inc. (NASDAQ: APOL) is down 20.7% at $21.80 after posting a new 52-week low of $21.72 earlier today. The for-profit education provider reported weak results and more of the same to come. More coverage here.
Fortinet Inc. (NASDAQ: FTNT) is down 19.6% at $19.95. The Internet security company reported weak results and lowered its outlook. Other stocks in the sector are feeling the pain as well today. More coverage here.
Stay tuned for Thursday. We have noted the following events on the schedule (all times Eastern):8:30 a.m. - New claims for unemployment benefits 10:00 a.m. - Philadelphia Fed survey 10:00 a.m. - Leading economic indicators 10:30 a.m. - EIA weekly natural gas storage report 1:00 p.m. - 30-year Treasury Inflation-Protected Securities (TIPS) auction 4:30 p.m. - Fed balance sheet and money supply