Top Performing Industries For August 4 (THC, EXPE, EMMS, ERTS)

At 10:44 am, the Dow gained 0.05% to 10,642.06, the broader Standard & Poor's 500 index moved up 0.04% to 1,120.96 and the NASDAQ composite index rose 0.14% to 2,286.67. The industries that are driving the market today are: Hospitals: This industry jumped 3.87% by 10:44 am. The top stock within the industry was Tenet Healthcare Corporation Co THC, which rose 3.87%. THC has announced the pricing of its private offering of unsecured senior notes due 2020. General Entertainment: This industry rose 3.62% by 10:44 am ET. The top performer in this industry was Expedia Inc EXPE, which gained 4.99%. EXPE has planned to sell its senior unsecured notes worth $750 million through a private offering. Broadcasting - Radio: This industry moved up 3.07% by 10:44 am, with Emmis Communications Corporation EMMS moving up 30% to gain the top spot. EMMS has extended its offer to issue 12% PIK Senior Subordinated Notes due 2017 in exchange for its 6.25% Series A Cumulative Convertible Preferred Stock. Multimedia & Graphics Software: The industry, which gained 2.02%, saw Electronic Arts Inc ERTS as the top gainer. ERTS’ shares rose 6.61%. ERTS has posted strong Q1 profits. Read more from Benzinga's Company news.
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Posted In: EarningsLong IdeasNewsOfferingsMarketsTrading IdeasBroadcasting & Cable TVConsumer DiscretionaryHealth CareHealth Care FacilitiesHome Entertainment SoftwareInformation TechnologyInternet RetailTop Performing Industries
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