After a record week, the markets traded mixed during the midday with the Dow losing 20 points to 15,061 as investors monitored global developments. Nasdaq gained 13 points to 3422.
On the upside
Warner Chilcott (Nasdaq: WCRX) reported flat first quarter earnings but the results were better than expected.
Unilife (Nasdaq: UNIS) narrowed third quarter losses on lower expenses.
ServiceSource (Nasdaq: SREV) widened first quarter losses but the results topped analyst estimates.
On the downside
Universal Display (Nasdaq: PANL) widened first quarter losses as expenses climbed.
MBIA (NYSE: MBI) reported sharply higher first quarter earnings but the stock price fell.
AutoNavi (Nasdaq: AMAP) reported lower first quarter earnings and revenue.
In the broad market, declining issues edged out advancers by a margin of nearly 10 to 9 on the NYSE while advancers outpaced decliners by nearly 7 to 5 on Nasdaq. The broader S&P 500 index held steady at 1626.
