April 18, 2008 at 12:19 PM EDT
Mid-Day Report

Google's impressive earnings lifted the markets sharply higher during the midday with the Dow leaping 235 points to 12,856. The tech-heavy Nasdaq jumped 61 points to 2403.

On the upside

PMC-Sierra (Nasdaq: PMCS) widened first quarter losses as expenses outpaced revenue but the results were better than expected.

MF Global (NYSE: MF) expects to report higher fourth quarter revenue and profit as trading volume increased.

While Tempur Pedic (NYSE: TPX) blamed the weak economy for sharply lower first quarter earnings, revenue beat estimates and the mattress maker forecast 2008 results above expectations.

On the downside

Tomotherapy (Nasdaq: TOMO) cut its full year earnings outlook as customers delay their orders.

Evergreen Solar (Nasdaq: ESLR) narrowed first quarter losses as sales rose but the solar power company forecast second quarter results below estimates.

Falling gold prices weighed down shares of Barrick Gold (NYSE: ABX) and Goldcorp (NYSE: GG) .

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks soared 13 points to 721.

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