Orange County Business Journal

Midday Stock Roundup

Kari Hamanaka Friday, November 1, 2013

The S&P 500 fell 0.04% to 1,755.75 in afternoon trading Friday.

The Dow Jones Industrial Average was up 0.16% to 15,570.50, while the Nasdaq was down 0.36% to 3,905.54.

The yield on a 10-year Treasury bond rose 2.87% to 2.62%.

The price of gold slipped 0.71% to $1,314.30 per ounce.

MANUFACTURING

Newport Beach-based specialty chemical products maker American Vanguard Corp. shares rose about 9% to $28.50 after beating consensus estimates on its third-quarter results. The results prompted Feltl and Company Inc. to raise its rating on the company's stock from "buy" to "strong buy.” American Vanguard had a recent market value of $815.20 million.

REAL ESTATE

Homebuilders were generally down on Friday.

Irvine homebuilder Standard Pacific Corp. shares fell about 5% to $7.52, a day after the company reported third-quarter results that missed on analyst revenue expectations but beat consensus estimates on earnings. Standard Pacific had a recent market value of $2.61 billion.

TECHNOLOGY

Costa Mesa printed circuit board maker TTM Technologies Inc. was down about 4% to $8.43 for a market value of $696.55 million. The company closed down about 4% on Thursday, a day after TTM announced a new chief executive and disappointing third-quarter earnings.