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May 25, 2012 at 15:09 PM EDT
French Banks Prepare For Greece Exit, Markets Mixed
The markets traded mixed during the midday with the Dow falling 43 points to 12,486 as French banks prepared for the possibility of Greece leaving the euro zone. Nasdaq added 3 points to 2842.
On the upside
Stockpickr listed Pacific Biosciences of California (Nasdaq: PACB) as one of seven stocks under $10 that moved higher yesterday.
Neptune Technologies & Bioressources (Nasdaq: NEPT) narrowed fourth quarter losses as revenue climbed.
Uroplasty (Nasdaq: UPI) narrowed losses for the fourth quarter as revenue rose.
On the downside
The Moscow Arbitration Court issued an injunction order that prohibits VimpelCom (NYSE: VIP) from paying dividends to shareholders.
Profit taking sank shares of Rosetta Genomics (Nasdaq: ROSG).
Mentor Graphics (Nasdaq: MENT) reversed year ago losses to post a profit for the first quarter but revenue fell short of expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 7 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks added a point to 768.
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