Market Overview

Worst Performing Industries For April 11, 2013

Related TSYS
Jefferies Sees Early Signs Of Recovery For Comtech
Benzinga's Top Downgrades
Related ORCL
Who's Afraid Of The Big Bad Amazon? VMware Upgraded
5 InsurTech Startups Changing The Game In The Bay Area Accelerates Revenue in Fiscal —nd Quarter (GuruFocus)

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


Related Articles (GOOG + IIJI)

View Comments and Join the Discussion!