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Stocks Close Mixed Amid Fiscal-Cliff Jitters

Written by: Andrea Tse 12/07/12 - 4:41 PM EST
Tickers in this article: NFLX MHP ^DJI UTX AMRN ^GSPC TDG MCD ^IXIC PANW AAPL SWHC

Smith & Wesson (SWHC) swung to a profit of $21.1 million, or 31 cents a share, in the fiscal second quarter. The board of the gun maker approved $20 million in stock buybacks. Shares slipped 8.6%.

Amarin (AMRN) announced Thursday plans to raise $100 million in debt financing and the intention to hire 250 to 300 sales representatives, in a go-it-alone launch strategy for lipid-lowering prescription fish-oil pill Vascepa.

The announcement disappointed investors who were hoping for a marketing partnership. Shares plunged 18.9%.

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McGraw-Hill (MHP) shares popped 4.2% after the company announced a special dividend of $2.50 a share on its common stock, payable on Dec. 27.

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

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