Orange County Business Journal

Midday Stock Roundup

Kari Hamanaka Wednesday, March 26, 2014

The S&P 500 rose 0.18% to 1,868.97 in afternoon trading Wednesday.

The Dow Jones Industrial Average was up 0.21% to 16,402.79, while the Nasdaq was off 0.29% to 4,222.05.

The yield on a 10-year Treasury bond was down 0.33% to 2.73%.

The price of gold fell 0.66% to $1,302.80 per ounce.

HEALTHCARE

Newport Beach medical imaging provider Alliance Healthcare Services Inc. was up about 9% to $34.90 for a market value of $364.74 million. The company's stock is up about 22% so far this year.

REAL ESTATE

Newport Beach-based homebuilder William Lyon Homes was off about 3.5% to $27.59 for a market value of $859.76 million. The company said Tuesday it is looking to raise $150 million through the offering of senior notes, with the funds expected to be used for more land buys. The company also announced in a separate announcement on Tuesday a secondary offering through New York private equity firm Luxor Capital Group LP of 2 million shares.

TECHNOLOGY

Santa Ana-based Identive Group Inc. was up about 12% on high volume to $1.06 for a market value of $78.73 million. The company was trading about 12 times its average volume. Identive makes scanners, readers, cards and other devices used for security on buildings and networks among other uses.

Facebook Twitter Linked-In