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Dow Advances On Strong Earnings

Strong earnings news continued to boost the Dow during the midday with the blue chip index soaring 104 points to 15,722. Nasdaq lost 8 points 3931.

On the upside

BioTelemetry (Nasdaq: BEAT) narrowed third quarter losses as revenue climbed.

OpenTable (Nasdaq: OPEN) reported higher third quarter earnings that beat analyst expectations as revenue rose.

NQ Mobile (NYSE: NQ) completed the transfer of funds to its Standard Chartered Bank account.


On the downside


Tornier (Nasdaq: TRNX) narrowed third quarter losses as revenue rose but the results fell short of analyst expectations.

Investors locked in profits on Cytori Therapeutics (Nasdaq: CYTX).

Abercrombie & Fitch (NYSE: ANF) reported a disappointing 14% drop in third quarter same store sales and cut its full year guidance.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 5 points to 1768.

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