The markets tumbled during the midday with the Dow sinking 197 points to 11,296 as the nation's unemployment rate held steady at 9.1%. Nasdaq stumbled 50
points to
2495.
A Seeking Alpha article named Regeneron Pharmaceuticals (Nasdaq: REGN) as one of three healthcare stocks with significant upside potential.
An Investopedia article said that Central European Distribution (Nasdaq: CEDC) was a profitable company whose stock price has tumbled.
Rising gold prices lifted shares of Jaguar Mining (NYSE: JAG).
On the downside
AppleInsider insider reported that Best Buy lowered the price of Research in Motion's (NYSE: RIMM) Playbook tablet to $549 from $699.
General Electric (NYSE: GE) completed its $3.2 billion acquisition of power conversion and automation system company Converteam.
Halliburton sued BP (NYSE: BP) alleging negligent misrepresentation on the part of BP about the Deepwater Horizon oil well that exploded last year killing 11 people.
In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks plunged 14 points to 694.
