Markets Recover As Wholesales Inventories Rise

The markets recovered from early morning losses to trade near the flatline with the Dow adding 6 points to 10,292 as wholesale inventories unexpectedly rose. Nasdaq slipped 6 points to 2166.

On the upside

Dynavax Technologies (Nasdaq: DVAX) received approval to commence commercial production of its hepatitis B surface antigen at its German manufacturing facility.

Jackson Hewitt (NYSE: JTX) narrowed second quarter losses and will expand into more Wal-Mart (NYSE: WMT) stores than originally announced.

Fourth quarter earnings for Cooper Cos. (NYSE: COO) rose as revenue increased.

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