Market Overview

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. (NASDAQ: 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 (NASDAQ: ORCL), which rose 0.25%. Oracle intends to join Microsoft's (NASDAQ: MSFT) Fairsearch effort, with the aim of breaking Google's (NASDAQ: 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 (NASDAQ: 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. (NASDAQ: IIJI), which declined 4.23%. Internet Initiative Japan's trailing-twelve-month profit margin is 4.23%

Posted-In: 2013 Worst Performing Industries For April 11News Movers & Shakers Intraday Update Markets General

 

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