The markets extended its losses during the midday with the Dow falling 68 points to 14,934 ahead of the release of the Federal Reserve's meeting minutes. Nasdaq lost 9 points to 3604.
On the upside
Cowen & Co. upgraded Trina Solar (NYSE: TSL) from Market Perform to Outperform.
The European Patent Office will grant Galena Biopharma (Nasdaq: GALE) a Pharmaceutical Use Patent for its breast cancer relapse prevention vaccine NeuVax.
Diamond Foods (Nasdaq: DMND) offered to settle a class action lawsuit by paying $11 million in cash and issuing 4.45 million common shares.
On the downside
Office Depot (NYSE: ODP) settled a dispute with its largest shareholder by allowing Starboard Value to name three directors to the board.
Goodrich Petroleum (NYSE: GDP) entered private exchange agreements for $109.25 million worth of convertible senior notes.
Bloomberg reported that BlackBerry (Nasdaq: BBRY) would be sold in pieces.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 lost 6 points to 1645.
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