Home Sales Data Lift Markets At Midday

The markets advanced during the midday with the Dow soaring 100 points to 12,180 as home sales fell less than expected. Nasdaq surged 47 points to 2677.

On the upside

MarbridgeConsulting.com reported yesterday that Qihoo 360 (NYSE: QIHU) partnered with Avira to jointly develop anti-virus technology.

BPZ Energy (NYSE: BPZ) will hold its annual shareholders meeting on June 24, 2011 at the Westlake Club in Houston, Texas.

Susquehanna Bancshares (Nasdaq: SUSQ) will pay a premium of $343 million in cash and stock to acquire Tower Bancorp (Nasdaq: TOBC).

On the downside

Nanosphere (Nasdaq: NSPH) will submit additional data to the Food and Drug Administration after the regulatory agency rejected the company's Verigene Clopidogrel Metabolism Nucleic Acid Test premarket approval application.

Gevo (Nasdaq: GEVO) updated the airline industry yesterday at the Paris Air Show on its progress in developing biojet fuel.

Investors locked in profits on Dex One (NYSE: DEXO), whose shares surged yesterday after announcing a partnership with Google (Nasdaq: GOOG).

In the broad market, advancing issues outpaced decliners by a margin of nearly 6 to 1 on the NYSE and by 7 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 14 points at 803.
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