A greater than expected increase of the nation's unemployment rate to 9.2% sent the markets down to a lower close with the
Dow dropping 62 points to 12,657. Nasdaq lost 12 points to 2859.
On the upside
FriendFinder Networks (Nasdaq: FFN) will pay $15 million to settle a litigation matter with Broadstream Capital Partners.
Shares of Southern Copper (NYSE: SCCO) rose in anticipation of the release of a new environmental impact study for the Tia Maria copper deposit.
A Zacks.com article said that Western Refining (NYSE: WNR) was a strong buy.
Texas Attorney General Greg Abbott filed charges against Encore Capital Group (Nasdaq: ECPG) for engaging in unlawful debt collection practices.
SK Telecom (NYSE: SKM) submitted a bid to acquire a $2.3 billion stake in Hynix Semiconductor.
Goldman Sachs downgraded Yingli Green Energy (NYSE: YGE) to a Sell rating and lowered it price target to $8.