Markets Rise As Investors Monitor European Developments
The markets traded higher during the midday with the Dow rising 67 points to 13,163 as investors continued to monitor developments in Europe. Nasdaq climbed 25 points to 2993.
On the upside
Vringo (NYSE: VRNG) settled its patent infringement suit against AOL (Nasdaq: AOL).
Sohu.com (Nasdaq: SOHU) reported lower second quarter earnings but the results were better than expected as revenue rose.
Changyou (Nasdaq: CYOU) reported higher second quarter earnings that topped estimates on record revenue.
On the downside
Tyson Foods (NYSE: TSN) disappointed with sharply lower third quarter earnings that missed expectations even as revenue rose and the meat producer cut its full year revenue guidance. HCA (NYSE: HCA) reported higher second quarter earnings but disclosed that the Miami district attorney was investigating the hospital operator for performing medically unnecessary cardiac procedures.
Second quarter earnings fell for AES (NYSE: AES) to miss expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks gained 7 points to 797.
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