Moody's downgraded Ireland's bonds to junk status to send the markets down to a lower close with the
Dow falling 58 points to 12,446. Nasdaq dropped 20 points to 2781.
On the upside
Orbitz Worldwide (NYSE: OWW) partnered with Virgin Australia to create a private label hotel booking platform for Virgin Australia's Australian websites.
The Bedford Report expects Silver Wheaton (NYSE: SLW) to benefit from an upswing in silver demand in several emerging economies.
Rising gold prices lifted shares of Eldorado Gold (NYSE: EGO).
Quest Software (Nasdaq: QSFT) expects second quarter earnings and revenue to fall short of analyst expectations and cut its outlook for the year.
Powerwave Technologies (Nasdaq: PWAV) blamed the challenging global economy for lowering its second quarter guidance .
Piper Jaffray downgraded Ann (NYSE: ANN) to an Underweight rating.