The markets traded higher during the midday with the Dow gaining 57 points to 13,632 as more jobs than expected were added in September. Nasdaq added 2 points to 3151.
On the upside
Roth Capital lifted its price target on Sunesis Pharmaceuticals (Nasdaq: SNSS) to $12.00 from $7.00.
Cemex (NYSE: CX) priced its senior secured notes.
Goldman Sachs analyst Alex Ovshey upgraded Owens-Illinois (NYSE: OI) to a Buy rating and lifted his price target from $20 to $28.
On the downside
TheStreet Ratings affirmed its Hold rating on Green Mountain Coffee Roasters (Nasdaq: GMCR).
Arbor Realty Trust (NYSE: ABR) priced its public offering of 3.5 million common shares at the discounted price of $5.80 per share.
Maricopa County demanded that Office Depot (NYSE: ODP) return approximately $5.3 million in overcharges for office supplies.
In the broad market, advancing issues outpaced decliners by a margin of nearly 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 848.
Markets Advance On Strong Jobs Data
October 05, 2012 at 13:35 PM EDT
