The markets recovered earlier losses but continued trading lower during the midday with the Dow losing 15
points to 11,523. Nasdaq added a
point to
2563.
Sinovac Biotech (Nasdaq: SVA) will participate in four investor conferences in September.
Gabelli & Co. upgraded Corinthian Colleges (Nasdaq: COCO) to a Buy rating.
CoreLogic (NYSE: CLGX) retained the services of Greenhill & Co. to explore strategic options including the possible sale of the company.
On the downside
Avnet (NYSE: AVT) operating group Avnet Electronics Marketing celebrated 25 years of partnership with Xilinx but the stock price fell.
Winn-Dixie (Nasdaq: WINN) disappointed with sharply lower fourth quarter earnings as revenue fell.
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 5 points to 719.
