The markets extended its losses during the midday with the Dow sinking 152 points to 14,603 over disappointing corporate earnings. Nasdaq plummeted 65 points to 3199.
On the upside
Shares of Fairway Group (Nasdaq: FWM) surged on its first trading day.
Atlas Pipeline Partners (NYSE: ATLS) will pay $1 billion in cash to acquire TEAK Midstream.
Williams Financial Group lifted its price target on Uni-Pixel (Nasdaq: UNXL) from $40 to $60.
On the downside
InnerWorkings (Nasdaq: INWK) cut its 2013 full year earnings and revenue guidance.
The Food and Drug Administration recalled Accuray's (Nasdaq: ARAY) CyberKnife Iris Variable Aperture Collimator.
E2open (Nasdaq: EOPN) fell to a wider than expected loss for the fourth quarter and forecast current quarter results below estimates.
In the broad market, declining issues outpaced advancers by a margin of 7 to 2 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 index tumbled 19 points to 1554.
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