The markets advanced during the midday with the Dow rising 39 points to 10,827 as consumer spending rose in August. Nasdaq edged up a fraction to 2369.
On the upside
Shares of China Cache International (Nasdaq: CCIH) more than doubled on its first trading day.
DemandTec (Nasdaq: DMAN) narrowed second quarter losses on lower operating expenses.
Acacia Research (Nasdaq: ACTG) settled patent suits with Dialight, Hynix Semiconductor, Philips Electronics and Red Hat.
On the downside
DynaVox (Nasdaq: DVOX) blamed weak demand for withdrawing its guidance for 2011.
Bloomberg reported that errors on bank foreclosure documents may affect millions of properties sending shares of the nation's biggest title insurance firm Fidelity National Financial (NYSE: FNF) tumbling.
H&R Block (NYSE: HRB) expects 2011 earnings to be 5 cents per share lower due to a policy change by the Internal Revenue Service.
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 675.
