Orange County Business Journal

Midday Stock Roundup

Kari Hamanaka Tuesday, April 29, 2014

The S&P 500 rose 0.49% to 1,878.64 in afternoon trading Tuesday.

The Dow Jones Industrial Average was up 0.58% to 16,544.89, while the Nasdaq was up 0.74% to 4,104.55.

The yield on a 10-year Treasury bond rose 0.67% to 2.69%.

The price of gold fell 0.10% to $1,297.70 per ounce.

REAL ESTATE

Irvine-based CoreLogic Inc. was off about 4% to $427.17 a day after the company reported first-quarter results that included a swing to a net loss of $3.9 million compared to a $31.6 million profit in the year-ago period. It had a recent market value of $2.48 billion.

HEALTHCARE

Aliso Viejo-based Avanir Pharmaceuticals Inc. rose about 7% to $3.40 for a market value of $517.81 million. The company said Monday that results from a study on its Nuedexta drug will be presented at the American Academy of Neurology annual meeting in Philadelphia this week.

SERVICES

Irvine professional services firm Resources Connection Inc. was up about 6% to $13.54 for a market value of $524.72 million.