On the upside
IAMGOLD (NYSE: IAG) increased its private placement offering from $500 million aggregate principal amount of senior unsecured notes to $659 million aggregate principal amount of notes.
On Assignment (NYSE: ASGN) priced a public secondary offering of more than 5 million common shares at the discounted price of $17 per share.
On the downside
Valeant Pharmaceuticals (NYSE: VRX) will syndicate an additional $1 billion of incremental term B loans. Investors locked in profits on Quiksilver (NYSE: ZQK) whose stock price rose yesterday after an upgrade.
Shares of Swift Transportation (NYSE: SWFT) and Knight Transportation (NYSE: KNX) both fell after rival transportation services company Werner Enterprises (Nasdaq: WERN) warned that third quarter earnings would fall short of expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 8 points to 864.