July 28, 2010 at 10:41 AM EDT
Drop In Durable Goods Orders Weighs Down Markets

A drop in durable goods orders weighed the markets down to a lower open with the Dow losing 22 points to 10,515. Nasdaq fell 7 points to 2280.

On the upside

Health Grades (Nasdaq: HGRD) reported higher second quarter earnings that topped analyst estimates and announced that private equity firm Vestar Capital Partners will acquire the company for approximately $294 million.

Enbridge Energy Partners (NYSE: EEP) will pay approximately $682 million in cash to acquire Atlas Pipeline Partners' (NYSE: APL) Elk City facilities.

Second quarter earnings for Wyndham Worldwide (NYSE: WYN) rose to beat expectations prompting the company to lift its full year guidance.

On the downside

Allos Therapeutics (Nasdaq: ALTH) widened second quarter losses.

Century Aluminum (Nasdaq: CENX) swung to a profit for the second quarter but the results fell short of estimates.

Global Payments (NYSE: GPN) reported lower fourth quarter earnings that fell short of expectations and forecast 2011 results below estimates prompting a downgrade.

In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks eased a point to 660.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here