The markets traded flat during the midday with the Dow losing 10 points to 11,424 as pending sales of existing homes dropped in September. Nasdaq added a fraction to 2577.
On the upside
Third quarter earnings slipped for iGo (Nasdaq: IGOI) but revenue rose.
Fluor (NYSE: FLR) swung to a third quarter loss due to one-time charges but revenue increased.
Shares of Fresh Market (Nasdaq: TFM) soared on its first trading day.
On the downside
China Cord Blood (NYSE: CO) priced its follow-on offering of approximately 8 million shares at $4.50 per share.
YRC Worldwide (Nasdaq: YRCW) narrowed third quarter losses but revenue slipped.
Infospace (Nasdaq: INSP) narrowed third quarter losses but the results fell short of expectations and the company forecast fourth quarter results below estimates prompting a downgrade.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks added 2 points to 736.
