FinancialContent is the trusted provider of stock market information to the media industry.
June 27, 2012 at 10:47 AM EDT
Higher Open As Durable Goods Orders Rise
Durable goods orders rose more than expected in May to lift the markets to a higher open with the Dow rising 59 points to 12,593. Nasdaq gained 17 points to 2871.
On the upside
Amarin (Nasdaq: AMRN) received a "Reasons for Allowance" notice for its prescription fish-oil pill AMR101 patent application.
Lennar (NYSE: LEN) reported sharply higher second quarter earnings and revenue that beat analyst expectations by a wide margin as new orders surged.
Alpha Natural Resources (NYSE: ANR) amended its secured credit facility in order to increase its financial flexibility.
On the downside
O'Reilly Automotive (Nasdaq: ORLY) lowered its second quarter earnings outlook.
Omeros (Nasdaq: OMER) priced its public offering of approximately 2.9 million common shares at the discounted price of $10.25 per share.
Campus Crest (NYSE: CCG) priced its public offering of 6.5 million common shares at the discounted price of $10.10 per share.
In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks edged up a point to 766.
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 Six Financial
Postage Rates Bots go here