Top Performing Industries For May 17 (HAST, PTV, SUMR, NPDV)

At 1:34 pm, Dow lost 88.80 points, or 0.84%, to 10,531.36, while the broader Standard & Poor's 500 index fell 10.16 points, or 0.89%. The Nasdaq composite index has also slipped 19.48 points, or 0.83%. The industries that are helping the market keep afloat today are: Music & Video Stores: The top gainer of the day, this industry added 2.40% by 1:14 pm. The top performer in this industry, Hastings Entertainment Inc HAST, rose by 2.49%. HAST’s Q1 net earnings of $0.11 per diluted share exceeded the analyst expectations of $0.07 per diluted share. Packaging & Containers: This industry climbed 1.55% by 1:14 pm. The top gainer within the industry, Pactiv Corp PTV, added 16.76%, after the market was inundated by rumors that private equity firm Apollo Global Management may acquire the company in a leveraged buyout. Personal Products: This industry moved up 0.61% by 1:14 pm, with Summer Infant Inc SUMR climbing 5.79% to gain the top spot. SUMR posted its EPS for the March quarter 22.20% higher than anticipated. Cleaning Products: The industry, which rose 0.59%, has the top gainer in the form of National Patent Development Corp NPDV, which gained 4.48%. Though NPDV.OB does not have significant operations, it intends to develop or acquire a majority interest or a controlling interest in one or more operating businesses. Read more from Benzinga's Markets.