April 30, 2009 at 16:28 PM EDT
Mixed Close As Chrysler Files For Bankruptcy
It was a mixed close for the markets with the Dow losing 17 points to 8168 as Chrysler filed for Chapter 11 bankruptcy protection. Nasdaq added 5 points to 1717.

On the upside

Expedia (Nasdaq: EXPE) reported lower first quarter earnings due to restructuring charges and lower revenue but the results beat expectations.

First quarter earnings for First Solar (Nasdaq: FSLR) more than tripled as the company cut production costs and signed new projects.

Human Genome Sciences (NYSE: HGSI) reversed year ago losses to post a profit for the first quarter due to sales of its anthrax treatment.

On the downside

Eastman Kodak (NYSE: EK) widened first quarter losses as sales plunged. The company suspended its quarterly dividend and lowered the salaries of senior executives,

First quarter earnings for Safeway (NYSE: SWY) fell to miss estimates as consumers spent less.

Assurant (NYSE: AIZ) disappointed with lower first quarter earnings due to the challenging economic environment.

In the broad market, advancing issues outpaced decliners by a margin of 4 to 3 on the NYSE while advancers were on par with decliners on Nasdaq. The Russell 2000 which tracks small cap stocks lost 3 points to 487.

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