FinancialContent is the trusted provider of stock market information to the media industry.
May 07, 2012 at 14:53 PM EDT
Markets Recover As Pending Home Sales Rise
The markets recovered early morning losses during the midday to trade flat with the Dow easing a point to 13,037 as March pending home sales rose. Nasdaq rose 9 points to 2965.
On the upside
A Seeking Alpha contributor listed Kodiak Oil & Gas (NYSE: KOG) as one of five natural gas companies that will rebound in 2013.
The Food and Drug Administration lifted its hold on Insmed's (NYSE: INSM) lung disease drug Arikace.
Synacor's (Nasdaq: SYNC) Vice President of Mobile Jaafer Haidar will present at International CTIA Wireless on Tuesday, May 8.
On the downside
Clearwire (Nasdaq: CLWR) will collaborate with Sequans Communications (NYSE: SQNS) to develop standards for and devices to support multi-band, multi-mode TDD-LTE and FDD-LTE solutions but the stock price slipped.
Raymond James said that Tempur-Pedic International (NYSE: TPX) will offer discounts on its most profitable Cloud Supreme model.
Thompson Creek Metals (NYSE: TC) will offer $200 million in senior notes.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks added 2 points to 794.
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