On the upside
The International Trade Commission sided with Tessera Technologies (Nasdaq: TSRA) in a patent dispute with Motorola (NYSE: MOT), Qualcomm (Nasdaq: QCOM), Freescale Semiconductor and Spansion.
A tentative deal has been reached between the United Auto Workers union and General Motors (NYSE: GM) to reduce labor costs and change funding for retiree health benefits.
Shares of OpenTable (Nasdaq: OPEN) surged in its market debut.
On the downside
Although first quarter earnings and revenue rose for GameStop (NYSE: GME), the video game retailer forecast second quarter results below estimates and lowered its same store sales guidance for the year.
Dahlman Rose analyst Daniel Scott downgraded Patriot Coal (NYSE: PCX) citing lower demand and oversupply.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by nearly the same on Nasdaq. The Russell 2000 which tracks small cap stocks fell 8 points to 481.
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 Telekurs USA
Postage Rates Bots go here