The markets traded mixed during the midday with the Dow rising 25 points to 12,947 after China reported a wider than expected trade deficit. Nasdaq slipped 8 points to 2980.
On the upside
FuelCell Energy (Nasdaq: FCEL) will supply South Korea's POSCO Energy with 120 megawatt fuel cell units.
Shares of Coffee Holding (Nasdaq: JVA) continued climbing after reporting higher first quarter earnings on Friday.
Velti (Nasdaq: VELT) reported sharply higher fourth quarter earnings that surpassed analyst expectations.
On the downside
Michael Kors (NYSE: KORS) announced a secondary offering of 25 million shares.
Shares of Human Genome Sciences (Nasdaq: HGSI) fell ahead of its presentation at the Barclays Capital 2012 Global Healthcare Conference on Wednesday, March 14.
Shares of Ferrellgas Partners (NYSE: FGP) continued falling after reporting lower propane sales due to warmer weather.
In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 2 points to 814.
