Flat close over mixed data

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It was a flat close for the markets with the Dow slipping 2 points to 17,083 over mixed economic data. Nasdaq eased a point to 4,472.

On the upside 

Bloomberg reported that Zillow (Nasdaq: Z) may make a bid for rival Trulia (NYSE: TRLA).

Verso Paper (NYSE: VRS) amended its subordinated debt exchange offer.

Second quarter earnings fell for Overstock (Nasdaq: OSTK) but revenue climbed to surpass analyst expectations.

On the downside 

Life Time Fitness (NYSE: LTM) reported lower second quarter earnings that fell short of analyst expectations and cut its full year outlook.

Inteliquent (NYSE: IQNT) disappointed with sharply lower second quarter earnings. 

Shares of Kandi Technologies Group (Nasdaq: KNDI) continued falling.

In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 1987. Bitcoin fell $20 to $596.

The markets traded flat during the midday with the Dow adding 3 points to 17,090 as sales of new homes tumbled 8.1% in June. Nasdaq lost 4 points to 4,469.

On the upside 

Bloomberg reported that SodaStream International (Nasdaq: SODA) may be taken private in a deal valued at approximately $828 million.

Shares of Intersect ENT (Nasdaq: XENT) soared on its first trading day.

Second quarter earnings surged threefold for VASCO Data Security International (Nasdaq: VDSI) to beat analyst expectations.

On the downside 

Liberty Media (Nasdaq: LMCA) adjusted the conversion rate of its 1.375% Cash Convertible Senior Notes due 2023.

DR Horton (NYSE: DHI) disappointed with lower third quarter earnings even as revenue rose. 

Domtar (NYSE: UFS) reversed year ago losses to post a profit for the second quarter but the results fell far short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 added a point to 1988. Bitcoin fell $21 to $595.

The markets opened flat with the Dow rising 6 points to 17,092 even as first time applications for unemployment benefits fell. Nasdaq slipped 2 points to 4,471.

On the upside 

Second quarter revenue climbed for Under Armour (NYSE: UA) prompting the sports apparel maker to lift its full year forecast.

Logitech International (Nasdaq: LOGI) reported sharply higher first quarter earnings and lifted its full year earnings guidance.

8x8 (Nasdaq: EGHT) reported lower first quarter earnings but revenue climbed to top analyst estimates.

On the downside 

Angie's List (Nasdaq: ANGI) widened second quarter losses more than expected prompting downgrades.

Second quarter earnings edged up for TripAdvisor (Nasdaq: TRIP) but the results fell short of expectations. 

Terex (NYSE: TEX) reported sharply higher second quarter earnings and revenue but the stock price dropped.

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE while advancers edged out decliners by a margin of nearly 10 to 9 on Nasdaq. The broader S&P 500 added a point to 1988. Bitcoin fell $23 to $592.

The markets closed mixed with the Dow falling 26 points to 17,086 as concerns about global tensions tempered enthusiasm for corporate earnings. Nasdaq gained 17 points to 4,473.

On the upside 

Second quarter earnings fell for Zix (Nasdaq: ZIXI) but the results were better than expected.

PowerSecure (NYSE: POWR) landed new distributed generation business contracts worth approximately $140 million.

Puma Biotechnology's (NYSE: PBYI) upbeat test results lifted shares of Oncothyreon (Nasdaq: ONTY) and Array BioPharma (Nasdaq: ARRY).

On the downside 

Profit taking continued to sink shares of Kandi Technologies (Nasdaq: KNDI).

Integrated Device Technology (Nasdaq: IDTI) introduced its new industry first 1.5 Volt PCI Express buffer family but the stock price dropped. 

MeetMe (Nasdaq: MEET) priced its public offering of 5 million common shares at the discounted price of $2 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE while decliners barely edged out advancers by a slim margin of nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 3 points to close at a record 1987. Bitcoin slipped a point to $617.

U. S. growth forecast cut

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The markets traded mixed during the midday with the Dow losing 24 points to 17,089 after the International Monetary Fund lowered its growth forecast for the U. S. economy to 1.7% from 2.0%. Nasdaq rose 12 points to 4,468.

On the upside 

NQ Mobile (NYSE: NQ) partnered with A Wireless to offer security solutions for iOS and Android devices.

Repsol approached Talisman Energy (NYSE: TLM) to explore possible bid for the company.

Hawaiian Holdings (Nasdaq: HA) reported sharply higher second quarter earnings that more than doubled to top analyst estimates as revenue rose.

On the downside 

Jakks Pacific (Nasdaq: JAKK) narrowed losses for the second quarter but the results fell short of expectations.

Shares of Medical Transcription Billing (Nasdaq: MTBC) fell on its first trading day. 

Tupperware Brands (NYSE: TUP) disappointed with lower second quarter earnings as sales slipped prompting the company to cut its full year earnings outlook.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by 10 to 9 on Nasdaq. The broader S&P 500 rose 3 points to 1986. Bitcoin added a point to $619.

The markets opened mixed with the Dow slipping 16 points to 17,096 while Nasdaq gained 16 points to 4,472 as the remains of Malaysia Airlines Flight 17 victims arrived in Netherlands.

On the upside 

Puma Biotechnology (NYSE: PBYI) reported positive results from a Phase 3 trial of its breast cancer treatment neratinib.

The Supreme Court of Puerto Rico ordered the Court of First Instance to expedite a hearing in Doral Financial's (NYSE: DRL) suit against the Puerto Rican government.

Biogen Idec (Nasdaq: BIIB) impressed with sharply higher second quarter earnings and revenue that surpassed analyst expectations prompting the company to lift its full year revenue forecast.

On the downside 

Xilinx (Nasdaq: XLNX) reported higher first quarter earnings and revenue but revenue fell short of expectations and the company forecast current quarter revenue below estimates.

Second quarter earnings and revenue rose for Juniper Networks (NYSE: JNPR) but the company forecast third quarter results that fell short of expectations. 

Unisys (NYSE: UIS) fell to a loss for the second quarter.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 added 2 points to 1986. Bitcoin edged up a point to $618.

Higher close over earnings

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Positive earnings news lifted the markets to a higher close with the Dow gaining 61 points to 17,113. Nasdaq climbed 31 points to 4,456.

On the upside 

Blue Hills Bancorp (Nasdaq: BHBK) surged in its market debut.

Chipole Mexican Grill (NYSE: CMG) reported higher second quarter earnings and revenue that surpassed analyst expectations.

Woodward (Nasdaq: WWD) reported sharply higher second quarter earnings that more than doubled to beat expectations.

On the downside 

Second quarter earnings and revenue rose for Cadence Design Systems (Nasdaq: CDNS) but the company forecast current quarter earnings below expectations.

Pretium Resources (NYSE: PVG) priced its offering of 8.28 million common shares at the discounted price of $7.25 per share. 

CymaBay Therapeutics (Nasdaq: CBAY) priced its public offering of 4 million common shares at the discounted price of $5.50 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 9 points to 1983. Bitcoin eased a fraction to $617.

The markets extended its gains during the midday with the Dow climbing 70 points to 17,121 as existing home sales rose 2.6% in June. Nasdaq gained 32 points to 4,456.

On the upside 

Investors ignored the latest attack on Herbalife (NYSE: HLF) that was launched by Pershing Square's Bill Ackman.

The German Federal Ministry of Economic Affairs and Energy granted FuelCell Energy (Nasdaq: FCEL) 4.9 million euros for a three year research and development project.

SeeThruElement initiated coverage of Net Element (Nasdaq: NETE) with a price target of $3.27.

On the downside 

Second quarter earnings and revenue for Silicom (Nasdaq: SILC) fell short of expectations.

Del Frisco's Restaurant Group (Nasdaq: DFRG) reported higher second quarter earnings and revenue but the results missed analyst expectations and the company lowered its full year earnings guidance. 

The acquisition of two banks by BancorpSouth (NYSE: BXS) has been delayed due to federal inquiries.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 climbed 10 points to 1984. Bitcoin edged up a fraction to $619.

Higher open over mild inflation

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A mild 0.3% increase in consumer prices lifted the markets to a higher open with the Dow gaining 59 points to 17,110. Nasdaq climbed 29 points to 4,453.

On the upside 

CIT Group (NYSE: CIT) will acquire OneWest Bank in a cash and stock deal valued at approximately $3.4 billion.

Second quarter earnings dropped for Crocs (Nasdaq: CROX) but the results were better than expected and the company announced strategic plans to improve and grow its business.

CombiMatrix (Nasdaq: CBMX) will provide the Stratose directly managed PPO network with its suite of molecular diagnostic solutions.

On the downside 

Harley-Davidson (NYSE: HOG) reported higher second quarter earnings that topped analyst estimates but the company cut its full year shipment outlook.

Fourth quarter earnings and revenue climbed for New Oriental Education & Technology Group (NYSE: EDU) but the company forecast current quarter revenue below expectations. 

Tallgrass Energy Partners (NYSE: TEP) priced its public offering of 7 million common units at the discounted price of $41.07 per common unit.

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 gained 8 points to 1982. Bitcoin held steady at $618.

Global tensions dampened investor enthusiasm to send the markets down to a lower close with the Dow losing 48 points to 17,051. Nasdaq fell 7 points to 4,424.

On the upside 

China's Classification Society granted type approval to Euro Tech Holdings (Nasdaq: CLWT) for its 300 Cubic Meters per hour Ballast Water Treatment Systems.

Shares of NQ Mobile (NYSE: NQ) extended its gains.

Barron's wrote that Horsehead Holding (Nasdaq: ZINC) had the potential to soar 40%.

On the downside 

Bank of America/Merrill Lynch downgraded Itron (Nasdaq: ITRI) from a Buy rating to an Underperform rating.

Shares of Qiwi (Nasdaq: QIWI) continued falling as the threat of additional international sanctions against Russia intensified. 

Investors locked in profits on TubeMogul (Nasdaq: TUBE).

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 lost 4 points to 1973. Bitcoin held steady at $618.

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