The markets closed higher with the Dow rising 19 points to 16,399 as investors welcomed efforts by Germany and France to support Europe's economic recovery. Nasdaq surged 57 points to 4,316.

On the upside

Greenlight Capital's David Einhorn recommended buying shares of SunEdison (NYSE: SUNE) and TerraForm Power (Nasdaq: TERP).

Bezinga.com reported that Lenovo was preparing to make an offer to purchase BlackBerry (Nasdaq: BBRY). 

Lennox International (NYSE: LII) reported higher third quarter earnings that topped analyst estimates.

On the downside

A jury found that Trinity Industries (NYSE: TRN) was liable for violating the False Claims Act and must pay $525 million in damages.

Tesoro Logistics (NYSE: TLLP) announced a public offering of 19.35 common units and will offer $1.3 billion in senior notes.

QEP Resources (NYSE: QEPM) sold it natural gas gathering and processing business to Tesoro Logistics (NYSE: TLLP) but the stock price fell.

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 climbed 17 points to 1904. Bitcoin slipped $4 to $380.
Plans by Germany and France to strengthen the European economy lifted the markets during the midday with the Dow adding 2 points to 16,382. Nasdaq soared 49 points to 4,307.

On the upside

Sears Holdings (Nasdaq: SHLD) will raise $625 million through a notes offering.

Bank of America lifted its price target on ITT Educational Services (NYSE: ESI) from $7 to $8. 

DryShips (Nasdaq: DRYS) subsidiary Ocean Rig (Nasdaq: ORIG) will provide DryShips with a $120 million short term loan.

On the downside

Steven Madden (Nasdaq: SHOO) warned of lower third quarter revenue.

Shares of Chimerix (Nasdaq: CMRX) and Tekmira Pharmaceuticals (NYSE: TKMR) tumbled as 43 people who were being monitored for possible Ebola symptoms were declared free of Ebola.

Brazilian President Dilma Rousseff said that funds had been diverted from Petrobras (NYSE: PBR).

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 climbed 13 points to 1900. Bitcoin slipped $3 to $381.

Mixed open as IBM disappoints

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The markets opened mixed with the Dow losing 35 points to 16,344 while Nasdaq gained 27 points to 4,285 as IBM disappointed.

On the upside

SinoCoking Coal and Coke Chemical Industries (Nasdaq: SCOK) announced that its aboveground facility in Henan Province that converts carbon dioxide into clean-burning syngas began operations.

NewLink Genetics (Nasdaq: NLNK) entered a $1 billion license deal with Genentech to develop the IDO pathway inhibitor NLG919.  

Mitel Networks offered a premium of approximately $540 million in  cash to acquire ShoreTel (Nasdaq: SHOR).

On the downside

NCR (NYSE: NCR) warned that third quarter earnings and revenue would fall short of previous guidance and lowered its full year forecast.

International Business Machines (NYSE: IBM) disappointed with lower third quarter earnings and revenue that fell short of analyst expectations.

Profit taking continued to sink Lakeland Industries (Nasdaq: LAKE).

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 rose 5 points to 1892. Bitcoin slipped $2 to $382.
The markets surged to close sharply higher with the Dow leaping 263 points to 16,380 over strong corporate earnings and upbeat economic data. Nasdaq climbed 41 points to 4,25.

On the upside

Shares of Hudson Technologies (Nasdaq: HDSN) rose after the Environmental Protection Agency issued final rules for the allowance of virgin production of HCFCs for 2015 through 2019.

Tetraphase Pharmaceuticals (Nasdaq: TTPH) priced its public offering of 3.95 million common shares at the discounted price of $19 per share but the stock price climbed. 

Caesars Entertainment (Nasdaq: CZR) will begin discussions with creditors to restructure its debt.

On the downside

Investors locked in profits on Arch Coal (NYSE: ACI).

Profit taking continued to sink Lakeland Industries (Nasdaq: LAKE).

MLV & Co. initiated coverage of Clean Energy Fuels (Nasdaq: CLNE) with a Hold rating.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 surged 24 points to 1886. Bitcoin added $3 to $381.
Consumer sentiment unexpectedly climbed to a seven year high sending the markets soaring during the midday with the Dow rocketing 300 points to 16,417. Nasdaq leaped 64 points to 4,281.

On the upside

General Electric (NYSE: GE) reported higher third quarter earnings as revenue rose.

Shares of Zayo Group Holdings (NYSE: ZAYO) soared in its market debut. 

QLogic (Nasdaq: QLGC) reported flat earnings for the second quarter but the results were better than expected.

On the downside

Profit taking weighed down shares of Alpha Natural Resources (NYSE: ANR).

Athenahealth (Nasdaq: ATHN) fell to a loss for the third quarter.

Medicare Administrative Contractor Palmetto GBA issued a draft local coverage determination to reimburse approximately 50% of low and very low risk prostate cancer patient receiving Myriad Genetics' (Nasdaq: MYGN) Prolaris.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 leaped 29 points to 1892. Bitcoin slipped $2 to $374.

Markets soar on upbeat earnings

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Upbeat earning sent the markets soaring to a sharply higher open with the Dow surging 226 points to 16,343. Nasdaq jumped 61 points to 4,279.

On the upside

ITT Educational Services (NYSE: ESI) reported a smaller than expected drop in new student enrollment.

Nomura upgraded AK Steel (NYSE: AKS) from a Neutral rating to a Buy rating with a $10 price target. 

Bloomberg reported that a company may invest $2 billion in SunEdison (Nasdaq: SUNE) to build a polysilicon factory in China.

On the downside

The Food and Drug Administration notified Repros Therapeutics (Nasdaq: RPRX) that additional information must be provided before a pre-investigational new drug application meeting in November could be held.

Goldman Sachs downgraded Urban Outfitters (Nasdaq: URBN) from a Buy rating to a Neutral rating and lowered its price target from $44 to $31 while Morgan Stanley downgraded the company from an Overweight rating to an Equal Weight rating. Janney Capital Markets downgraded the retailer from a Buy rating to a Neutral rating.

Profit taking weighed down shares of NewLink Genetics (Nasdaq: NLNK).

In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 leaped 24 points to 1887. Bitcoin eased a fraction to $376.
The markets closed mixed with the Dow losing 24 points to 16,117 despite a sharp drop in jobless claims as investors continued to worry about the health of the global economy. Nasdaq added 2 points to 4,217.

On the upside

Vimicro International (Nasdaq: VIMC) won two contracts valued at approximately $39.80 million.

Rising crude oil prices lifted shares of Goodrich Petroleum (NYSE: GDP) and Midstates Petroleum (NYSE: MPO). 

Fairmount Santrol (Nasdaq: FMSA) will release third quarter earnings before market open on Tueday, November 11.

On the downside

Profit taking weighed down shares of Lakeland Industries (Nasdaq: LAKE).

Canaccord Genuity analyst Michael Graham cut his price target on eBay (Nasdaq: EBAY) from $57 to $52 and Jefferies analyst Brian Pitz lowered his price target from $59 to $55.

Indications that incumbent president Dilma Rousseff would win the Brazilian presidential election over pro-business candidate Aecio Neves weighed down shares of Petrobras (NYSE: PBR).

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 held steady at 1862. Bitcoin lost $18 to $371.
The markets rebounded during the midday with the Dow adding 3 points to 16,145 as first time applications for unemployment benefits dropped to a 14-year low. Nasdaq rose 5 points to 4,220.

On the upside

Respiratory care products maker Allied Healthcare Products (Nasdaq: AHPI).

Market Realist provided an overview of Arch Coal's (NYSE: ACI) operations. 

Shares of NewLink Genetics (Nasdaq: NLNK) continued rising.

On the downside

Tetraphase Pharmaceuticals (Nasdaq: TTPH) will offer up to $75 million worth of common stock.

Esperion Therapeutics (Nasdaq: ESPR) priced its public offering of 4.25 million common shares at the discounted price of $20 per share.

Monster Worldwide (NYSE: MWW) will offer $125 million worth of convertible senior notes through a private placement.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 slipped 2 points to 1860. Bitcoin lost $11 to $378.
Continued concerns about the global economy weighed the markets down to a lower open with the Dow tumbling 98 points to 16,042. Nasdaq dropped 30 points to 4,184.

On the upside

Chesapeake Energy (NYSE: CHK) will sell certain drilling assets to Southwestern Energy for approximately $5.38 billion.

Shares of virus detection maker OraSure Technologies (Nasdaq: OSUR) climbed as a second healthcare worker tested positive for Ebola. 

ITT Educational Services (NYSE: ESI) will host a conference call tomorrow, October 17, to discuss 2013 results as well as 2014 second and third quarter results.

On the downside

Netflix (Nasdaq: NFLX) reported higher third quarter earnings but subscriber growth fell far short of analyst expectations

Extreme Networks (Nasdaq: EXTR) reported preliminary first quarter earnings and revenue that missed expectations by a wide margin.

Baker Hughes (NYSE: BHI) reported higher third quarter earnings and revenue but the results fell short of estimates.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 tumbled 15 points to 1846. Bitcoin lost $13 to $376.

Markets tumble over growth concerns

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The markets closed sharply lower with the Dow plummeting 173 points to 16,141 amidst global economic growth concerns. Nasdaq lost 11 points to 4,215.

On the upside

SandRidge Energy (NYSE: SD) will release third quarter financials and provide a shareholder update after market close on Wednesday, November 5, 2014.

Global Hunter Securities upgraded Energy XXI (Nasdaq: EXXI) from a Neutral rating to a Buy rating. 

Magnum Hunter Resources (NYSE: MHR) closed the sale of certain non-core assets for approximately $84.7 million in cash.

On the downside

Ellen DeGeneres will launch a new seasonal home collection on Friday, October 24 on Liberty Interactive's (Nasdaq: QVCA) subsidiary QVC but the stock price tumbled.

Investors locked in profits on ChinaNet Online Holdings (Nasdaq: CNET).

Nu Skin Enterprises (NYSE: NUS) closed a new $375 million credit facility.

In the broad market, declining issues outpaced advancers 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 tumbled 15 points to 1862. Bitcoin dropped $16 to $387.
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