FinancialContent is the trusted provider of stock market information to the media industry
Lower Close As Durable Goods Orders Disappoint
Posted on March 28, 2012 at 18:34 PM EDT
The markets extended its losses in afternoon trading to close lower with the Dow tumbling 71 points to 13,126 as durable goods orders rose less than expected. Nasdaq dropped 15 points to 3104.
On the upside
Zalicus (Nasdaq: ZLCS) completed its equity distribution agreement with Wedbush Securities.
Retreating crude oil prices lifted shares of United Continental Holdings (NYSE: UAL).
Robbins & Myers (NYSE: RBN) reported sharply higher second quarter earnings that surpassed analyst expectations and lifted its full year outlook.
On the downside
GenOn (NYSE: GEN) chairman and chief executive Edward R. Muller presented at the 2012 Bank of America/Merrill Lynch Megawatt Round-up Conference today.
CIBC downgraded Fortuna Silver Mines (NYSE: FSM).
Gol Linhas (NYSE: GOL) disappointed with sharply lower fourth quarter earnings as expenses soared.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks lost 5 points to 834.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here