On the upside
The Food and Drug Administration approved EDAP TMS' (Nasdaq: EDAP) device that dissolves kidney stones with ultrasound and x-rays.
Kien Huat Realty will invest $55 million in Empire Resorts (Nasdaq: NYNY).
Speedus (Nasdaq: SPDE) promoted John Kallassy to the position of chief financial officer.
On the downside
Gentium's (Nasdaq: GENT) drug defibrotide for treating severe venoocclusive disease failed a late stage trial.
Robert W. Baird analyst David Loeb said that FelCor Lodging Trust (NYSE: FCH) should abandon properties that have negative equity mortgages.
Shares of WGNB (Nasdaq: WGNB) continued falling after the Federal Reserve ordered the parent company of First National Bank of Georgia to stop dividend payments and to craft a plan to meet capital requirements.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks rose 5 points to 561.
