Mid-Day Market Update: Ocata Therapeutics Climbs On Acquisition News; Textura Shares Slip

Midway through trading Tuesday, the Dow traded down 0.15 percent to 17,704.16 while the NASDAQ declined 0.59 percent to 5,065.14. The S&P also fell, dropping 0.17 percent to 2,075.12.

In trading on Tuesday, utilities shares jumped by 0.35 percent. Top gainers in the sector included

, up 3 percent, and

, up 3 percent. Technology shares declined around 1.07 percent in Tuesday's trading. Meanwhile, top losers in the sector included

, down 20 percent, and

, off 18 percent.

reported weaker-than-expected results for its fiscal fourth quarter and issued a weak forecast. The Milwaukee, Wisconsin-based company reported a quarterly profit of $201.3 million, or $1.50 per share, versus a year-ago profit of $248.7 million, or $1.79 per share. Excluding certain items, the company's earnings slipped to $1.57 per share from $1.86 per share. Its revenue fell 9.8 percent to $1.61 billion. However, analysts were expecting a profit of $1.79 per share on revenue of $1.68 billion.

shares shot up 89 percent to $8.43 after the company agreed to be acquired by

for $8.50 per share. Shares of

got a boost, shooting up 25 percent to $9.99. SciClone Pharmaceuticals reported Q3 adjusted earnings of $0.26 per share on revenue of $42.9 million.

shares were also up, gaining 13 percent to $19.66. Triton Container International Limited and TAL International agreed to combine in an all-stock merger of equals transaction

shares tumbled 33 percent to $9.73 following earlier announcement of understated well outputs and incorrect data. Shares of

were down 17 percent to $9.55. Scientific Games reported Q3 adjusted loss of $0.85 per share on revenue of $671.6 million.

was down, falling 20 percent to $23.65. Textura reported downbeat Q3 sales and issued a weak sales forecast.

In commodity news, oil traded up 1.32 percent to $44.45, while gold traded up 0.21 percent to $1,090.40. Silver traded down 0.33 percent Tuesday to $14.37, while copper fell 0.56 percent to $2.22.

European shares were mostly higher today. The eurozone's STOXX 600 gained 0.03 percent, the Spanish Ibex Index rose 0.08 percent, while Italy's FTSE MIB Index climbed 1.32 percent. Meanwhile, the German DAX gained 0.15 percent, and the French CAC 40 slipped 0.12 percent, while U.K. shares fell 0.30 percent.

U.S. import prices dropped 0.5 percent in October, while export prices slipped 0.2 percent last month. U.S. wholesale inventories rose 0.50 percent in September, versus economists' expectations for a 1.00 percent growth.