Worst Performing Industries For April 11, 2013

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At 12:30 pm, the Dow surged 0.34% to 14,852.05 , the broader Standard & Poor's 500 index moved up 0.31% to 1,592.63 and the NASDAQ composite index fell 0.02% to 3,296.50 . The worst performing industries in the market today are: Business Software & Services: This industry tumbled 2.15% by 12:30 pm EDT. The worst stock within the industry was TeleCommunication Systems Inc.
TSYS
, which showed no change at 0.00%. TSYS announced today that its director of business development for commercial services, Kellie Goodwin, will present at the 2013 NAPCP Commercial Card and Payment Conference. Application Software: This industry fell 1.77% by 12:30pm. The worst performer in this industry was Oracle Corporation
ORCL
, which rose 0.25%. Oracle intends to join Microsoft's
MSFT
Fairsearch effort, with the aim of breaking Google's
GOOG
growing monopoly on search, with the use of antitrust law and lobbying. Wholesale, Other: This industry moved down 0.90% by 12:30pm, with United Stationers Inc
USTR
falling 1.01%. United Stationers is scheduled to report its 1Q 2013 results on April 22, 2013, after market close. Internet Service Providers: The industry dropped 0.68% by 12:30 pm. The worst performer in this industry Internet Initiative Japan Inc.
IIJI
, which declined 4.23%. Internet Initiative Japan's trailing-twelve-month profit margin is 4.23%
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Posted In: NewsMovers & ShakersIntraday UpdateMarketsGeneral2013Worst Performing Industries For April 11
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