Top Narrow Based Indexes For May 16 (PRM, CISG, ANV)

By 10:38 am, the Dow Jones Industrial Average was down 4.16 points, or 0.03%, to 12,591.59, while the broader Standard & Poor's 500 index had gained 1.66 points, or 0.12%. The NASDAQ composite index fell 7.99 points, or 0.28%. Some of the narrow based indexes that are supporting the markets are Newspaper and Magazine Stocks, which have gained 4.3%, Insurance Broker Stocks, up 1.8%, and Gold and Silver Stocks, moving 1.7% higher as a group. In Tickerspy's Newspaper and Magazine complex, PRIMEDIA Inc PRM had surged 60.3%. PRM agreed to be purchased by TPG Capital TPCG for $7.10 per share in cash. The best performing Tickerspy Insurance Broker stock has been CNinsure Inc CISG, which was up 30.2%. CISG's Board of Directors received a preliminary non-binding going private proposal. Allied Nevada Gold Corp ANV is today's leading Tickerspy's Gold and Silver stock, gaining 4.8%. ANV's trailing-twelve-month profit margin is 21.99%. Read more from Benzinga's Markets.