Orange County Business Journal

Midday Stock Roundup

Kari Hamanaka Tuesday, March 11, 2014

The S&P 500 fell 0.28% to 1,871.84 in afternoon trading Tuesday.

The Dow Jones Industrial Average was off 0.25% to 16,377.13, while the Nasdaq was down 0.16% to 4,327.60.

The yield on a 10-year Treasury bond slipped 0.32% to 2.78%.

The price of gold rose 0.22% to $1,344.50 per ounce.

APPAREL

Huntington Beach-based apparel maker and retailer Quiksilver Inc. was up about 3% to $7.96 for a market value of $1.35 billion. The company said last week it continues to work on its profit improvement plan and reported a narrowed adjusted loss for the January quarter compared to a year earlier.

SERVICES

Newport Beach-based patent licensing company Acacia Research Corp. was off about 3% to $14.38. The company said yesterday its Brandywine Communications Technologies LLC subsidiary reached a settlement agreement with Windstream Corp. and Allworx Corp.

TECHNOLOGY

Costa Mesa-based printed circuit board maker TTM Technologies Inc. was trading down about 3% to $8.15 for a market value of $673.75 million.