Markets Advance At Midday

September 18, 2009 10:16 AM |
The markets advanced during the midday with the Dow gaining 53 points to 9837. Nasdaq rose 10 points to 2137.

On the upside 

SmartHeat (Nasdaq: HEAT) priced its public offering of approximately 7.2 million shares at $9 per share.

RBC Capital Markets upgraded Boston Private Financial (Nasdaq: BPFH) after the bank announced that it was selling its Gibraltar Private Bank & Trust to private investors.

Mueller Water Products (NYSE: MWA) priced its offering of 32.3 million shares of common stock at $4.75 per share.

On the downside

Navios Maritime Partners (NYSE: NMM) priced its offering of 2.8 million shares of common stock at $12.21 per share.

Cal Dive International's (NYSE: DVR) largest shareholder Helix Energy Solutions Group will sell 20.6 million shares of its stake in Cal Dive at $10 per share.

Comstock Homebuilding (Nasdaq: CHCI) amended its loan agreement with a major lender to lower its principal payments.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 on the NYSE and by a margin of nearly 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks added a point to 617.

Tags:

Search


About this Entry

This page contains a single entry by published on September 18, 2009 10:16 AM.

Stocks Open Higher on Investor Optimism was the previous entry in this blog.

Upgrades Lift Markets Higher 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