Upbeat earnings lifted the markets to a modestly higher close with the Dow rising 27 points to 15,498. Nasdaq gained 15 points to 3669.
On the upside
IAMGOLD (NYSE: IAG) signed new power rate agreements with the Republic of Suriname for the operation of its Rosebel Gold Mine.
Hecla Mining (NYSE: HL) fell to a loss for the second quarter but revenue climbed.
Thompson Creek Metals (NYSE: TC) widened second quarter losses but revenue rose and the company named Jacques Perron to the position of chief executive officer.
On the downside
Tower Group International (Nasdaq: TWGP) postponed the release of its second quarter results.
BioScrip (Nasdaq: BIOS) fell to a loss for the second quarter.
Merrimack Pharmaceuticals (Nasdaq: MACK) widened second quarter losses more than expected.
In the broad market, advancing issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 rose 6 points to 1697.
