On the upside
Converted Organics (Nasdaq: COIN) announced that it produced 64% more liquid organic fertilizer at its Gonzales, CA facility in the first six months of 2009 than the same period in 2008.
Citigroup initiated coverage of Cisco Systems (Nasdaq: CSCO) and Juniper Networks (Nasdaq: JNPR) with Buy ratings.
Las Vegas Sands (NYSE: LVS) extended the employment contract of Senior Vice President Robert Goldstein and promoted him to Executive Vice President.
Shares of JPMorgan Chase (NYSE: JPM) rose ahead of its earnings release tomorrow.
American Express (NYSE: AXP) reported lower credit card defaults in June and said that business will improve in the second half of the year.
NBC and the NHL extended their television contract for two years. General Electric (NYSE: GE) is the parent company of NBC.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 1 on the NYSE and by a margin of nearly 5 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks surged 19 points to 515.
