On the upsideShares of Massey Energy (NYSE: MEE) and Foundation Coal Holdings (NYSE: FCL) climbed after Goldman Sachs upgraded the coal sector.
Canadian Solar (Nasdaq: CSIQ) will provide Topinfrasolar with an additional 5 megawatts of solar products.
Continental Airlines (NYSE: CAL) reported lower April traffic and capacity data but demand has stabilized.
On the downside
Comtech (Nasdaq: CMTL) will offer $200 million in convertible senior notes through a private placement.
Although fourth quarter earnings for Haemonetics (NYSE: HAE) rose to top estimates, the company forecast full year revenue that fell short of expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks soared 10 points to 497.