Top Performing Industries For July 15 (NTY, CF, ARNA, MYL)

At 12:19 pm, the Dow lost 0.90% to 10,273.86, the broader Standard & Poor's 500 index moved down 0.93% to 1,084.99 and the NASDAQ composite index fell 0.80% to 2,231.79. The industries that are driving the market today are: Drug Related Products: This industry jumped 7.14% by 12:19 pm. The top stock within the industry was NBTY Inc NTY, which rose 43.47%. Carlyle Group has agreed to purchase NTY for $3.8 billion in cash. Agricultural Chemicals: This industry rose 2.04% by 12:19 pm ET. The top performer in this industry was CF Industries Holdings Inc Co CF, which gained 1.71%. CF had $1.04 billion of total cash in the latest quarter, while it had $4.90 million of total debt in the same period. Drug Manufacturers-Other: This industry moved up 1.03% by 12:19 pm, with Arena Pharmaceuticals Inc ARNA moving up 21.03% to gain the top spot. ARNA’s shares gained after a research found that the company's experimental weight-loss drug yielded better results than a placebo. Drugs-Generic: The industry, which gained 0.40%, saw Mylan Inc MYL as the top gainer. MYL’s shares rose 1.96%. Moody's Investors Service has retained its 'Ba3' rating and positive outlook on Mylan after the company announced its decision to purchase Bioniche Pharma Holdings Ltd for $550 million. Read more from Benzinga's Company news.