Markets Modestly Higher Ahead Of Fed's Rate Decision

September 23, 2009 10:26 AM |
The markets traded modestly higher at midday with the Dow gaining 17 points to 9847 ahead of the Federal Reserve's interest rate decision.  Nasdaq added 5 points to 2152.

On the upside 

Novartis made a $500,000 milestone payment to Opexa Therapeutics (NYSE: OPXA).

YRC (Nasdaq: YRCW) launched its online tool Service Day Calculator that offers clients greater shipment flexibility.

First quarter earnings for AAR (NYSE: AIR) topped estimates prompting an upgrade.

On the downside

ATP Oil & Gas (Nasdaq: ATPG) will offer 5.3 million common shares.

Shares of Corinthian College (Nasdaq: COCO) dropped after Congress announced hearings to scrutinize the for-profit .

Calpine (Nasdaq: TLAB) said that major shareholder Harbinger Capital Partners will sell 20 million of its shares in the company.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on both the NYSE and Nasdaq. The Russell 2000 which tracks small cap stocks held steady at 620.

Tags:

Search


About this Entry

This page contains a single entry by published on September 23, 2009 10:26 AM.

Stocks Edge Higher Ahead of Fed Interest Rate Decision was the previous entry in this blog.

Record Credit Card Defaults Weighs Down Markets is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 5.12