Markets advance at midday

The markets advanced during the midday with the Dow gaining 57 points to 17,708. Nasdaq rose 11 points to 4,736.


On the upside


Legacy Reserves (Nasdaq: LGCY) swung to a profit for the first quarter.


Civeo (NYSE: CVEO) provided housing to residents who have been displaced by the Fort McMurray fire.


Continental Resources (NYSE: CLR) widened losses for the first quarter but the company lifted its full year production forecast.

On the downside


LSB Industries (NYSE: LXU) fell to a greater than expected loss for the first quarter as revenue dropped.


Fitbit (NYSE: FIT) reported lower first quarter earnings and forecast current quarter earnings below expectations.


Triangle Capital (NYSE: TCAP) disappointed with lower first quarter earnings and revenue that fell short of expectations and cut its quarterly dividend.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 rose 6 points to 2,057. Bitcoin held steady at $445.

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