On the upside
Axcelis Technologies (Nasdaq: ACLS) introduced an upgrade for its high energy ion implanter product line.
Petrobas Energia (NYSE: PZE) is completing reorganization plans.
Nike (NYSE: NKE) reported higher first quarter earnings even as revenue slipped.
On the downside
First Industrial Realty Trust (NYSE: FR) priced its public offering of 12.5 million common shares at $5.25 per share.
Blockbuster (NYSE: BBI) tapped its clients to create a Top 100 Most Loved Movies list but the stock price fell.
Dyax (Nasdaq: DYAX) is offering 5.5 million common shares to raise capital.
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE and by more than 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 6 points to 604.