On the upside
Huntington Bancshares (Nasdaq: HBAN) issued 38.5 million shares of common stock to raise approximately $120 million.Although Dynegy (NYSE: DYN) widened first quarter losses, the results surpasses expectations.
Regions Financial (NYSE: RF) agreed to raise the $2.5 billion necessary to satisfy the government's stress test.
On the downside
Allstate (NYSE: ALL) swung to a first quarter loss as investment income dropped and the number of insurance policies fell.
International Rectifier (NYSE: IRF) widend third quarter losses due to lower revenue and a one-time charge.
In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks jumped 10 points to 503.