The markets advanced during the midday with the
Dow rising 7 points to 12,444 even as consumer sentiment tumbled to its lowest level in more than two years. Nasdaq gained 20 points to 2782.
On the upside
AgFeed Industries (Nasdaq: FEED) signed nonbinding letters of intent to acquire Pine Ridge Farms and Kansas City Sausage company.
JPMorgan analyst Mark Lear said that Brigham Exploration (Nasdaq: BEXP) and Range Resources (NYSE: RRC) may be targeted for acquisition after BHP offered $12.1 billion for Petrohawk Energy (NYSE: HK).
MicroStockProfit.com issued a research report on Sino Clean Energy (Nasdaq: SCEI).
The New York Stock Exchange notified Lee Enterprises (NYSE: LEE) that its 30-trading-day average stock price fell below the minimum standard of $1.00 per share and that the stock may be delisted unless the company regained compliance.
Delcath Systems (Nasdaq: DCTH) will raise capital through the sale of 5 million common shares.
Jefferies downgraded Qlik Technologies (Nasdaq: QLIK) to a Hold rating.