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Markets Advance As Investors Focus On Earnings

The markets advanced during the midday with the Dow gaining 32 points to 14,646 as investors turned their attention to earnings. Nasdaq rose 4 points to 3226.

On the upside

A Seeking Alpha contributor affirmed its Buy rating on Himax Technologies (Nasdaq: HIMX).

Unilife (Nasdaq: UNIS) will supply a pharmaceutical with a customized EZMix dual-chamber syringe.

 

First Solar (Nasdaq: FSLR) announced a record cadmium-telluride photovoltaic module conversion efficiency of 16.1%.

On the downside

Shares of Delcath Systems (Nasdaq: DCTH) continued falling after the Food and Drug Administration extended the review of the medical device maker’s Melblez liver cancer treatment system.

BioCryst Pharmaceuticals (Nasdaq: BCRX) does not hold patents in China for its injectable flu treatment peramivir.

Starwood Property Trust (NYSE: STWD) priced its public offering of 26.5 million common shares at the discounted price of $27.30 per share.

  

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 index added 2 points to 1565.

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