The markets climbed during the midday Dow soaring 94 points to 19,643. Nasdaq gained 30 points to 5,424.


McDonald's will create a new international holding company in the United Kingdom to avoid the possibility of paying back taxes of $500 million to Luxembourg. The fast food giant currently houses its international tax base in Luxembourg and has come under scrutiny from the EU for a sweetheart tax deal. The move will create more than 5,000 jobs in the U.K.


T-Mobile introduced its new Digits feature that will allow customers to call or text from any device with an Internet connection using their phone number. Digits is available now in a free beta version as an app for iOS and Android devices. Customers using laptops and desktops can access the new feature online. T-Mobile plans to make Digits available on Internet connected wearables as well.


The Organization of Petroleum Exporting Countries agreed last month to cut production in order to boost prices. OPEC is now reaching out to non-OPEC members to join the production cuts but only five countries out of fourteen have agreed to meet with OPEC. OPEC affirmed that it will cut production by 1.2 million barrels per day even if non-OPEC members refuse to lower their production numbers.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 index gained 7 points to 2,248. Bitcoin added $2 to $765.


The markets opened mixed with the Dow slipping 5 points to 19,543 while Nasdaq edged up a fraction to 5,394 after the European Central Bank slashed its asset purchases.


On the upside


Majestic Entertainment (Nasdaq: COOL) will merge with PolarityTE.


Lululemon Athletica (Nasdaq: LULU) reported sharply higher third quarter earnings that topped analyst estimates.


Tailored Brands (NYSE: TLRD) reversed year ago losses to post a profit for the third quarter.


On the downside


Seanergy Maritime Holdings (Nasdaq: SHIP) priced its public offering of 10 million common shares at the discounted price of $1.50 per share.


Horizon Pharma (Nasdaq: HZNP) reported disappointing results from a Phase 3 study of ACTIMMUNE to treat Friedreich's ataxia.


Cobalt International Energy (NYSE: CIE) completed its debt exchange and financing transaction.


In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE while advancers edged out decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 index eased a point to 2,239. Bitcoin held steady at $763.


The markets surged to close sharply higher with the Dow leaping 297 points to 19,549 as investors welcomed news that SoftBank would invest $50 billion in the U.S. Nasdaq surged 60 points to 5,393.


On the upside


Shares of Intrepid Potash (NYSE: IPI) climbed for the third day in a row.


SunPower  (Nasdaq: SPWR) will eliminate approximately 2,500 jobs and close its 700-megawatt nameplate facility capacity Fab 2 facility.


Amazon's new cashier-free grocery store Amazon Go sparked speculation that Amazon may partner with real-time inventory tracking technology Impinj (Nasdaq: PI).


On the downside


Moody's Investors Service said that Universal Health Services' (NYSE: UHS) acquisition of the adult services division of Cambian Group is a modest credit negative.


Vera Bradley (Nasdaq: VRA) reported lower third quarter earnings that fell short of analyst expectations and forecast current quarter results below estimates.


bluebird bio (Nasdaq: BLUE) priced its public offering of approximately 3.29 million common shares at the discounted price of $76.00 per share.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 index soared 29 points to 2,241. Bitcoin added $6 to $763.


Sprint partners with Pokemon Go

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The markets traded higher during the midday with the Dow climbing 89 points to 19,341. Nasdaq rose 5 points to 5,338.


Sprint partnered with Pokemon Go to create a unique gaming experience at the wireless carrier's retail locations across the nation. Specific details are still under wraps but there will be Pokestops to collect items and gyms to battle rival teams at over 10,500 stores. Players will also be able to recharge their devices.


The drugmaker that increased the price of its lifesaving EpiPen from approximately $60 to over $600 will restructure the company and eliminate approximately 10% of its employees. Details of the plan are still being finalized. Mylan agreed last month to a $465 million fine to settle charges that the company underpaid government healthcare programs such as Medicaid.


The Competitions and Markets Authority the United Kingdom fined Pfizer $106 million for raising the cost of an anti-epilepsy drug 2,600%. Approximately 48,000 patients in the U.K. need the medication to prevent and control seizures. Doctors do not recommend that epilepsy patients switch medications so those who were already taking phenytoin sodium capsules had to pay the increased prices.


In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 index gained 6 points to 2,218. Bitcoin added $3 to $760.


Mixed open as crude oil prices ease

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Crude oil prices eased over concerns that the recent OPEC production cut will have little impact on the global glut of oil. The markets opened mixed with the Dow rising 17 points to 19,269 while Nasdaq lost 7 points to 5,325.


On the upside


Anthera (Nasdaq: ANTH) reported positive trends from a Week 48 analysis of a Phase 2 BRIGHT-SC proof of concept study.


Dave & Buster's Entertainment (Nasdaq: PLAY) reported sharply higher third quarter earnings that more than doubled to beat analyst expectations as revenue climbed and lifted its full year forecast.


EMCORE (Nasdaq: EMKR) reported higher fourth quarter earnings and revenue.


On the downside


Sigma Designs (Nasdaq: SIGM) disappointed with sharply lower third quarter earnings.


Seaport Global Securities cut their full year earnings forecast for Flotek Industries (NYSE: FTK).


Pioneer Energy Services (NYSE: PES) priced its public offering of 10.5 million common shares at the discounted price of $5.75.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 index added a point to 2,213. Bitcoin added $2 to $759.


Gain in productivity lifts markets

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An increase in third quarter productivity lifted the markets to a higher close with the Dow gaining 35 points to 19,251. Nasdaq climbed 24 points to 5,333.


On the upside


Enphase Energy (Nasdaq: ENPH) sold its Residential Operations & Maintenance Field Services Division of Next Phase Solar to SunSystem Technology.


Novavax (Nasdaq: NVAX) will participate in the 4th Annual Guggenheim Boston Healthcare Conference on Tuesday, December 13.


Republic First Bancorp (Nasdaq: FRBK) completed its $100 million stock offering and named Vernon W. Hill to the position of director and chair of the board.


On the downside


Chipotle Mexican Grill (NYSE: CMG) warned that it may miss its full year forecast.


Rent-A-Center (Nasdaq: RCII) chief financial officer Guy J. Constant resigned.


Barnes & Noble Education (NYSE: BNED) reported lower second quarter earnings.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 index gained 7 points to 2,212. Bitcoin added $2 to $754.


Supreme court sides with Samsung

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The markets advanced during the midday with the Dow rising 19 points to 19,235. Nasdaq gained 21 points to 5,330.


The Supreme Court ruled in favor of Samsung by invalidating an appeals court ruling that ordered Samsung to pay Apple $399 million for patent infringement. The justices said that the patent violator does not have to pay the patent holder, Apple in this case, the entire amount of the profits that were made from the sale of stolen designs. The payment should only cover the patented components rather than the entire product. 


Amazon has been sued by several companies that use the "As Seen on TV" marketing slogan. Snuggle blanket maker Allstar Marketing, Copper Fit compression sleeve maker Ideavillage Products and Magic Tracks toy racetracks maker Ontel Products have accused Amazon of copyright infringement for selling counterfeit products on its website. The plaintiffs are seeking million of dollars in lost profits and punitive damages.


The European Commission has approved Microsoft's proposed $26 billion acquisition of LinkedIn. Concerns about competition had been raised but Microsoft agreed to allow rival social and professional networks access to Microsoft Office. The acquisition has already been approved in the United States, Brazil, Canada and South Africa.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 index rose 5 points to 2,210. Bitcoin gained $4 to $756.


Mixed open as crude oil falls

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The markets opened mixed with the Dow losing 24 points to 19,191 as crude oil prices slipped. Nasdaq edged up a fraction to 5,309.


On the upside


Neovasc (Nasdaq: NVCN) reported an 86% successful implantation rate for its Tiara transcatheter mitral valve.


Heat Biologics (Nasdaq: HTBX) reported positive data from an ongoing Phase 1 study of its non-small cell lung cancer treatment HS-110.


Francesca's Holdings (Nasdaq: FRAN) reported higher third quarter earnings and revenue.


On the downside


Investors locked in profits on Vanguard Natural Resources (Nasdaq: VNR).


Synchronoss Technologies (Nasdaq: SNCR) will pay a premium of approximately $821 million to acquire Intralinks Holdings (NYSE: IL).


Safe Bulkers (NYSE: SB) priced its public offering of 13.6 million common shares at the discounted price of $1.10 per share.


In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 index slipped 2 points to 2,202. Bitcoin rose $3 to $756.


The nation's services sector activity climbed in November to lift the markets to a higher close with the Dow gaining 45 points to 19,260. Nasdaq soared 53 points 5,308.


On the upside


Rising crude oil prices lifted shares of Bonanza Creek Energy (NYSE: BCEI) higher.


Shares of offshore service vessels provider Tidewater (NYSE: TDW) extended its gains.


Hornbeck Offshore Services (NYSE: HOS) stock climbed for the fourth day in a row.


On the downside


Hudson Technologies (Nasdaq: HDSN) announced a public offering of $49 million in common stock.


Shares of Euroseas (Nasdaq: ESEA) extended its losses.


Heat Biologics (Nasdaq: HTBX) stock fell again.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 index climbed 12 to 2,204. Bitcoin fell $9 to $751.


United mechanics approve new contract

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The markets retreated from early morning highs during the midday with the Dow rising 25 points to 19,195. Nasdaq climbed 46 points 5,301.


The mechanics union for United Continental Holdings has approved a new six year joint collective bargaining agreement after more than three years of negotiating. The labor agreement includes pay raises as well as guarantees that compensation would be readjusted if a competitor's mechanics received higher wages and benefits.


Amazon opened its Amazon Go brick-and-mortar grocery store in Seattle, Washington. The next generation store has no checkout counters and uses sensors to detect items that have been removed from shelves. Customers will be charged for their purchases through their Amazon account. The store is now open only to Amazon employees and is scheduled to be opened to the public in 2017.


Tyson Foods will invest $150 million in a new venture fund to develop innovative new food products and food production methods. Tyson New Ventures will focus on alternative proteins and creative approaches to eliminating food waste. The fund has already announced plans to acquire a 5% stake in plant based meat substitute start up Beyond Meat.


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 index climbed 10 to 2,202. Bitcoin fell $9 to $751.


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