April 25, 2008 at 17:36 PM EDT
Closing Bell Report

The markets closed mixed as crude oil prices rose again while consumer confidence tumbled. The Dow climbed 43 points to 12,892 while Nasdaq lost 6 points to 2423.

On the upside

Shares of Progenics Pharmaceuticals (Nasdaq: PGNX) continued to climb after the FDA approved its opiate induced constipation treatment Relistor. The biopharmaceutical also announced plans to repurchase up to $15 million in common stock

Fannie Mae (NYSE: FNM) reported that its mortgage commitments rose in March to $31 billion from $25 billion the previous month.

First quarter earnings for Trimble Navigation (Nasdaq: TRMB) surged to beat estimates as revenue climbed.

On the downside

MEMC Electronic Materials (NYSE: WFR) swung to a loss for the first quarter and forecast second quarter results below estimates due to problems at one of its manufacturing plants.

Horizon Lines (NYSE: HRZ) blamed record fuel prices, a drop in traffic to Puerto Rico and severe weather in Alaska for sharply lower first quarter earnings. The shipping and logistics company also cut its full year guidance.

NBTY (NYSE: NTY) reported second quarter earnings that dropped to fall far short of analyst expectations as costs soared.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks added 5 points to 722.

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