On the upside
A beneficial owner of Air Transport Services (Nasdaq: ATSG) purchased $1 million worth of company stock.
The joint venture MED3000 Practice Resources was created by Tenet Healthcare (NYSE: THC) and MED3000 to provide technology to physicians and practice managers.
Genworth (NYSE: GNW) filed a preliminary prospectus with the Canadian securities adminstrators for an initial public offering.
On the downside
Cyclacel Pharmaceuticals (Nasdaq: CYCC) reported upbeat results from a Phase 2 clinical trial of its treatment for acute myeloid leukemia and a Phase 2 clinical trial for its cancer drug oral seliciclib but the stock price fell.
Jamba (Nasdaq: JMBA) widened first quarter losses as revenue fell.
UBS downgraded Level 3 Communications (Nasdaq: LVLT).
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks gained 9 points to 501.
