More jobs than expected were created by private employers last month to lift the markets to a higher close with Dow soaring 127 points to 10,447. Nasdaq surged 33 points to 2233.
On the upside
Oclaro (Nasdaq: OCLR) will present at the Citi Technology Conference next Tuesday, September 7, 2010.
A Seeking Alpha article highlighted Beazer Homes' (NYSE: BZH) decreasing debt and increasing equity for affirming Beazer's bonds as a better value than rival homebuilder bonds.
Esterline Technologies (NYSE: ESL) reported higher third quarter earnings that beat analyst estimates as revenue rose prompting the aerospace and defense industry engineered products company to boost its full year guidance.
On the downside
Avanir Pharmaceuticals (Nasdaq: AVNR) filed for a mixed shelf offering for up to $75 million.
Cascade (Nasdaq: CASC) reversed year ago losses to post a better than expected profit for the second quarter as revenue climbed but the stock price fell.
According to Seeking Alpha, China Green Agriculture (NYSE: CGA) has yet to address concerns raised by the International Financial Research & Analysis Group.
In the broad market, advancing issues outpaced decliners by a margin of nearly more than 3 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks soared 11 points to 643.
