On the upside
Shares of ICICI Bank (NYSE: IBN) rose after an election victory by India's Congress Party fueled optimism for banking reform.
Quicksilver Resources (NYSE: KWK) will raise $280 million through the sale of 27.5% of its natural gas leasehold interests to ENI (NYSE: E).
Dillard's (NYSE: DDS) reported higher first quarter earnings even as sales fell.
Shares of Zale (NYSE: ZLC) continued rising over optimism that jewelry sales will rebound.
On the downside
Converted Organics (Nasdaq: COIN) reported that first quarter sales of its organic fertilizer products was $492,000, below expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks leaped 12 points to 488.
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