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Drop In Small Business Optimism Weighs Down Markets

Update:2013-11-13 08:29:44  Source:  Author:zhao Return

Heartland Express (Nasdaq: HTLD) purchased Gordon Trucking in a deal valued at approximately $300 million including the assumption of debt.

Inside Mortgage Finance reported that Ellie Mae (NYSE: ELLI) may be acquired.

Motorcar Parts of America (Nasdaq: MPAA) reversed year ago losses to post a profit for the second quarter.

On the downside

Amedisys (Nasdaq: AMED) fell to an unexpected loss for the third quarter as revenue dropped.

Dean Foods (NYSE: DF) reported sharply higher third quarter earnings but the results fell short of expectations prompting the company to cut its full year earnings guidance.

Shares of James River Coal (Nasdaq: JRCC) continued falling after reporting a wider than expected third quarter loss last week.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 lost 4 points to 1767.

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