On the upside
Jefferies upgraded Nanosphere (Nasdaq: NSP) to a Buy rating.
Duke Energy (NYSE: DUK) completed its merger with Progress Energy and announced that Duke chief executive Jim Rogers will head the new combined company instead of Progress chief executive Bill Johnson.
On the downside
J. C. Penney (NYSE: JCP) will close its Plainfield, Indiana distribution center and lay off 230 employees.
The Food and Drug Administration recommended that Chelsea Therapeutics (Nasdaq: CHTP) conduct an additional study for its Northera new drug application.
Delta Air Lines (NYSE: DAL) was ranked tenth among the most disliked companies in America.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks rose 4 points to 812.