Markets advance on upbeat earnings

Upbeat earnings lifted the markets during the midday with the Dow climbing 90 points to 17,307. Nasdaq added a point to 4,882.

On the upside

Tupperware Brands (NYSE: TUP) reported higher third quarter earnings that surpassed analyst expectations.

Third quarter earnings and revenue rose for Zix (Nasdaq: ZIXI) to top expectations.

Brean Capital analyst Anne Shih upgraded New Oriental Education & Technology Group (NYSE: EDU) from a Hold rating to a Buy rating.

On the downside

Citron Research alleged that Valeant Pharmaceuticals (NYSE: VRX) falsified sales through a network of phantom pharmacies.

Pearson (NYSE: PSO) cut its full year forecast.

Celestica (NYSE: CLS) disappointed with lower third quarter earnings and revenue that fell short of expectations.

In the broad market, advancing issues were on par with decliners on the NYSE while decliners outpaced advancers by 9 to 7 on Nasdaq. The broader S&P 500 added 2 points to 2,033. Bitcoin held steady at $266.
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