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Close but not quite for the Dow in push for 13,000

February 27, 2012 RSS Feed Print

— Chipmaker Micron Technology Inc. rose 7.7 percent after a Japanese rival company filed for bankruptcy protection.

— Warren Buffett's Berkshire Hathaway Inc. rose 0.3 percent after the investor, known as the Oracle of Omaha, said the company has a successor in mind, plus two backups. Berkshire has not named those executives.

— Netflix stock fell 2.2 percent after a downgrade by an analyst at Raymond James.

— Shares of Sprint Nextel Corp. rose 3.2 percent after reports that its board rejected a purchase of MetroPCS Communications. MetroPCS fell 1.5 percent.

— Lowe's, the home improvement chain, rose 0.7 percent after reporting a 13 percent jump in fourth-quarter profits.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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