FinancialContent is the trusted provider of stock market information to the media industry.
Weak Jobs Data Weighs Down Markets

Employers added fewer jobs than expected in April to weigh the markets down to a lower open with the Dow plunging 105 points to 13,101. Nasdaq plummeted 44 points to 2980.

On the upside

GeoEye (Nasdaq: GEOY) made a $792 million cash and stock bid for DigitalGlobe (NYSE: DGI).


LinkedIn (NYSE: LNKD) reported sharply higher first quarter earnings that more than doubled as revenue surged and announced the acquisition of SlideShare.

First quarter earnings for Spreadtrum Communications (Nasdaq: SPRD) slipped but the results beat analyst expectations and the company forecast current quarter revenue above estimates.


On the downside


Synergy Pharmaceuticals (Nasdaq: SGYP) priced its public offering of 10 million common shares at the discounted price of $4.50 per share.


Piper Jaffray downgraded Body Central (Nasdaq: BODY) to a Neutral rating.

American International Group (NYSE: AIG) reported sharply higher first quarter earnings but the stock price fell as analysts remained cautious about the insurer's recovery.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by nearly 4 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 9 points to 796.

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
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here
   
Financial Widgets

Display market data, financial news or stock quotes - Learn More

Advertising Network

Advertise on FinancialContent's huge network - Learn More

Web Services

Power your internet and wireless applications - Learn More