Losses extended as earnings disappoint

The markets extended its losses during the midday with the Dow sinking 213 points to 17,887 on weak corporate earnings. Nasdaq lost 14 points to 5,204.

On the upside

Bargain hunters lifted shares of Breitburn Energy Partners (Nasdaq: BBEP).

Natural Resource Partners (NYSE: NRP) declared a quarterly dividend of 9 cents per unit payable on August 14, 2015 to shareholders of record August 5, 2015.
Cleveland BioLabs (Nasdaq: CBLI) will report second quarter earnings on August 3.
On the downside

Helix Energy Solutions (NYSE: HLX) fell to a loss for the second quarter as revenue plunged.

Allegheny Technologies (NYSE: ATI) widened second quarter losses more than expected as revenue fell.

Woodward (Nasdaq: WWD) disappointed with lower third quarter earnings and revenue that missed expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 dropped 10 points to 2117. Bitcoin added $2 to $277.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.