The markets traded mixed during the midday with the Dow losing 17 points to 17,533. Nasdaq gained 32 points to 5,137.
On the upside
Tecumseh Products (Nasdaq: TECU) will be acquired by an affiliate of Mueller Industries and Atlas Holdings for a premium of $5 per share in cash.
Chuy's Holdings (Nasdaq: CHUY) reported higher second quarter earnings and revenue that beat expectations and forecast full year earnings ahead of estimates.
Paycom Software (NYSE: PAYC) swung to a better than expected profit for the second quarter and guided current quarter as well as full year revenue above expectations.
On the downside
Lumber Liquidators Holdings (NYSE: LL) fell to an unexpected loss for the second quarter.
Memorial Production Partners (Nasdaq: MEMP) reported a loss for the second quarter as revenue fell.
Glu Mobile (Nasdaq: GLUU) widened losses for the second quarter.
In the broad market, declining issues outpaced advancers by a slim margin on the NYSE while advancers outpaced decliners by more than 9 to 7 on Nasdaq. The broader S&P 500 rose 5 points to 2098. Bitcoin slipped $1 to $280.
Markets mixed at midday
August 05, 2015 at 14:58 PM EDT