Retreating crude oil prices weighed the markets down to a lower close with the Dow falling 57 points to 17,773. Nasdaq tumbled 29 points to 4,775. 


On the upside


HMS Holdings (Nasdaq: HMSY) entered settlement agreements with Public Consulting Group and other parties of the Trade Secret Litigation.


First quarter earnings surged for Monster Beverage (Nasdaq: MNST) to easily top estimates.


eHealth (Nasdaq: EHTH) reversed year ago losses to post a profit for the first quarter as revenue rose.

 

On the downside


Groupon (Nasdaq: GRPN) widened first quarter losses as revenue fell.


Cepheid (Nasdaq: CPHD) fell to a loss for the first quarter. 


Gaming and Leisure Properties (Nasdaq: GLPI) completed the acquisition of Pinnacle Entertainment's (Nasdaq: PNK) real estate assets.


In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 dropped 10 points to 2,065. Bitcoin climbed $6 to $451.

The markets extended its losses during the midday with the Dow plunging 144 points to 17,686 as crude oil prices slipped. Nasdaq plummeted 50 points to 4,754. 


On the upside


Select Comfort (Nasdaq: SCSS) reported better than expected earnings and revenue for the first quarter.


B&G Foods (NYSE: BGS) reported sharply higher first quarter earnings that surpassed analyst expectations by a wide margin and forecast full year earnings ahead of estimates.


First quarter earnings for SkyWest (Nasdaq: SKYW) nearly tripled to beat expectations by a wide margin.

 

On the downside


Molina Healthcare (NYSE: MOH) reported lower first quarter earnings that fell far short of expectations and forecast full year results below estimates.


Bottomline Technologies (Nasdaq: EPAY) reported a loss for the third quarter. 


Western Digital (Nasdaq: WDC) disappointed with sharply lower third quarter earnings and revenue.


In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 tumbled 18 points to 2,057. Bitcoin climbed $5 to $450.

The markets opened lower with the Dow tumbling 86 points to 17,743 as earnings news disappointed. Nasdaq fell 29 points to 4,776. 


On the upside


Shares of Paragon Shipping (Nasdaq: PRGN) continued to soar.


Genworth Financial (NYSE: GNW) reported better than expected earnings for the first quarter.


Amazon (Nasdaq: AMZN) swung to a greater than expected profit that surpassed estimates by a wide margin as revenue climbed.

 

On the downside


Seagate Technology (Nasdaq: STX) fell to a greater than expected loss for the third quarter as revenue dropped.


Golar (Nasdaq: GLNG) reassured investors that the framework agreement between Golar and Schlumberger (NYSE: SLB) will remain intact despite Schlumberger's withdrawal from the Fortuna/Ophir development. 


Stericycle (Nasdaq: SRCL) disappointed with lower first quarter earnings that fell short of expectations.


In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while decliners outpaced advancers by 9 to 7 on Nasdaq. The broader S&P 500 fell 5 points to 2,069. 

The markets plunged to close sharply lower with the Dow collapsing 210 points to 17,830 after the Bank of Japan failed to expand its economic stimulus measures. Nasdaq plummeted 57 points to 4,805. 


On the upside


Dehaier Medical Systems (Nasdaq: DHRM) received $20 million from Hangzhou Liaison Interactive Information Technology through a securities purchase agreement.


Shares of DryShips (Nasdaq: DRYS) extended its gains.


Fortress Biotech (Nasdaq: FBIO) will acquire National Holdings (Nasdaq: NHLD) for a premium of approximately $3.25 per share in cash.

 

On the downside


First quarter earnings and revenue for Proto Labs (NYSE: PRLB) fell short of expectations.


Invacare (NYSE: IVC) widened first quarter losses as revenue fell. 


Quorum Health (NYSE: QHC) will replace Stone Energy (NYSE: SGY) in the S&P SmallCap 600 after market close on Monday, May 2, 2016.


In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 tumbled 19 points to 2,075. Bitcoin slipped $1 to $445. 

An increase in first time applications for unemployment benefits sent the markets lower during the midday with the Dow dropping 64 points to 17,977. Nasdaq added 2 points to 4,865. 


On the upside


Cliffs Natural Resources (NYSE: CLF) swung to a better than expected profit for the first quarter.


TheStreet's Adam Feurstein suggested that Sarepta Therapeutics (Nasdaq: SRPT) could still win FDA approval for its Duchenne muscular dystrophy drug eteplirsen.


First quarter earnings for Facebook (Nasdaq: FB) nearly tripled to surpass analyst expectations as revenue soared.

 

On the downside


Ocwen Financial (NYSE: OCN) fell to a greater than expected loss for the first quarter as revenue tumbled.


LifeLock (NYSE: LOCK) widened losses for the first quarter and forecast current quarter earnings below estimates. 


IPG Photonics (Nasdaq: IPGP) disappointed with lower first quarter earnings that fell short of expectations and forecast second quarter results that missed estimates.


In the broad market, advancing issues were on par with decliners on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 held steady at 2,094. Bitcoin slipped $1 to $445. 

The nation's economy expanded at a tepid 0.5% pace in the first quarter to weigh the markets down to a lower open with the Dow falling 54 points to 17,9827 Nasdaq rose 7 points to 4,870. 


On the upside


Abbott Laboratories (NYSE: ABT) will pay a premium of approximately $25 billion in cash and stock to acquire St. Jude Medical (NYSE: STJ).


Textura (NYSE: TXTR) will be acquired by Oracle (Nasdaq: ORCL) for a premium of $663 million in cash.


Comcast (Nasdaq: CMCSA) will acquire DreamWorks Animation (Nasdaq: DWA) for a premium of approximately $3.55 billion.

 

On the downside


GNC Holdings (NYSE: GNC) reported lower first quarter earnings that fell short of analyst expectations and forecast full year earnings below estimates.


Infinera (Nasdaq: INFN) reported lower first quarter earnings. 


First quarter revenue for Silicon Graphics International (Nasdaq: SGI) miss estimates prompting the company to lower its full year forecast.


In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 slipped a point to 2,093. Bitcoin lost $3 to $443. 

The markets closed mixed with the Dow climbing 51 points to 18,041 while Nasdaq dropped 25 points to 4,863. Earnings continued to disappoint while crude oil prices rose to settle above $45 per barrel.


On the upside


Resonant (Nasdaq: RESN) signed its first licensing agreement with an existing tier one client.


Shares of Hercules Offshore (Nasdaq: HERO) rose as crude oil prices advanced.


DryShips (Nasdaq: DRYS) filed its annual report with the Securities and Exchange Commission.

 

On the downside


The potential for increased regulation of electronic payments in Russia weighed down shares of Qiwi (Nasdaq: QIWI).


Stifel Nicolaus analyst Jim Duffy downgraded Crocs (Nasdaq: CROX) from a Buy rating to a Hold rating. 


Blackhawk Network Holdings (Nasdaq: HAWK) fell to a loss for the first quarter.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 added 3 points to 2,095. Bitcoin tumbled $11 to $450. 

Crude oil prices advanced to lift the Dow during the midday with the blue chip index gaining 30 points to 18,020. Nasdaq tumbled 41 points to 4,846.


On the upside


Barracuda Networks (NYSE: CUDA) swung to a better than expected profit for the fourth quarter as revenue climbed.


Boston Scientific (NYSE: BSX) reversed year ago losses to post a greater than expected profit for the first quarter and forecast full year results ahead of estimates.


Energy Transfer Equity (Nasdaq: ETE) will pay a quarterly cash distribution of $0.285 per common unit on May 19, 2016 to unitholders of record May 6, 2016.

 

On the downside


Robert Half International (NYSE: RHI) reported higher first quarter earnings and revenue but margins fell prompting a downgrade.


First quarter earnings and revenue rose for Buffalo Wild Wings (Nasdaq: BWLD) but the results fell short of expectations. 


The Food and Drug Administration will take more time to complete its review of the Biologics License Application for HEPLISAV-B that was submitted by Dynavax Technologies (Nasdaq: DVAX) prompting a downgrade.


In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE while decliners edged out advancers by 9 to 7 on Nasdaq. The broader S&P 500 slipped a point to 2,090. Bitcoin tumbled $9 to $453. 

Disappointment with corporate earnings sent the markets down to a lower open with the Dow losing 27 points to 17,963. Nasdaq tumbled 48 points to 4,839.


On the upside


The Wall Street Journal reported that Comcast (Nasdaq: CMCSA) was exploring a possible bid for DreamWorks Animation (Nasdaq: DWA).


InvestmentResearchReport.com listed Ocean Rig (Nasdaq: ORIG) as one of five stocks that could double.


Amyris (Nasdaq: AMRS) signed a five year Biofene supply agreement with a global nutraceuticals company.

 

On the downside


First quarter revenue fell short for Twitter (NYSE: TWTR) and the company forecast second quarter revenue well below estimates.


H&R Block (NYSE: HRB) prepared fewer tax returns prompting the company to cut 250 jobs. 


Apple (Nasdaq: AAPL) disappointed with lower first quarter earnings and revenue as iPhone sales dropped.


In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 lost 3 points to 2,088. Bitcoin tumbled $11 to $449. 

It was a mixed close for the markets with the Dow rising 13 points to 17,990 as disappointing earnings tempered enthusiasm for rising crude oil prices. Nasdaq slipped 7 points to 4,888.


On the upside


American Midstream (NYSE: AMID) acquired interests in Gulf of Mexico midstream infrastructure and incremental ownership in Delta House for approximately $225 million.


Tenneco (NYSE: TEN) reported higher first quarter earnings and revenue that topped analyst estimates and lifted its full year revenue forecast.


InVivo Therapeutics (Nasdaq: NVIV) announced that the sixth-implanted patient in the INSPIRE study has improved from a complete AIS A spinal cord injury to an incomplete AIS B spinal cord injury.

 

On the downside


Amira Nature Foods (NYSE: ANFI) reported lower six month earnings and revenue.


Barnes Group (NYSE: B) reported lower first quarter earnings and revenue. 


First quarter earnings and revenue fell for Corning (NYSE: GLW).


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 added 3 points to 2,091. Bitcoin rose $2 to $464. 

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