The markets extended its losses during the midday with the Dow skidding 225 points to 10,029 over disappointing jobs data. Nasdaq plummeted 49 points to 2253.
On the upside
ATP Oil & Gas (Nasdaq: ATPG) reassured investors that while its Canyon Express drilling operation must be temporarily suspended due to the deep water drilling moratorium, its Telemark well can be completed.
First quarter earnings for Krispy Kreme Doughnuts (NYSE: KKD) more than doubled prompting the company to lift its full year guidance.
Martek Biosciences (Nasdaq: MATK) reported higher second quarter earnings that topped analyst estimates.
On the downside
Athenahealth (Nasdaq: ATHN) chief operating officer David E. Robinson announced his resignation effective July 1.
To comply with regulators, First BanCorp (NYSE: FBP) must raise $500 million .
Wilmington Trust (NYSE: WL) chief executive Ted T. Cecala announced his retirement effective immediately.
In the broad market, declining issues outpaced advancers by a margin of 6 to 1 on the NYSE and by more than 9 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks tumbled 20 points to 646.
