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U. S. markets are closed in observance of Independence Day.
Disappointing economic data weighed down the markets to a lower close with the Dow losing 27 points to 17,730. Nasdaq slipped 3 points to 5,009.

On the upside

Energizer Holdings (NYSE: ENR) announced a new quarterly dividend beginning with a distribution of 25 cents per share payable on September 9, 2015 to shareholders of record August 19, 2015. The company also approved a plan to repurchase up to 7.5 million shares of common stock.

The U.S. Court of Appeals ruled against The Medicines Co. (Nasdaq: MDCO) in its patent suit against Hospira (NYSE: HSP) but the stock price climbed.
 
An appeals court reversed part of a patent infringement judgment against ION Geophysical (NYSE: IO).

On the downside

Wells Fargo downgraded Triple-S Management (NYSE: GTS) from a Market Perform rating to an Underperform rating.

Barclays slashed its price target on Baxter International (NYSE: BAX) from $80 to $43 while Bank of America Merrill Lynch downgraded the company from a Buy rating to a Neutral rating.

Shares of Zogenix (Nasdaq: ZGNX) fell after completing its reverse stock split yesterday.
 
In the broad market, advancing issues edged out decliners by a slim margin on the NYSE while decliners outpaced advancers by more than 5 to 3 on Nasdaq. The broader S&P 500 eased a fraction to 2076. Bitcoin held steady at $254.
The markets turned negative during the midday with the Dow dropping 51 points to 17,706 as May factory orders fell 1% and fewer jobs than expected were created in June. Nasdaq lost 19 points to 4,993.

On the upside

Shares of Natera (Nasdaq: NTRA) surged on its first trading day.

Aeropostale (NYSE: ARO) announced new licensing agreements in India and Indonesia.
 
Columbia Pipeline Group (NYSE: CPGX) announced a quarterly dividend of 12.5 cents per share payable on August 20, 2015 to shareholders of record July 31, 2015.

On the downside

Investors locked in profits on WPCS International (Nasdaq: WPCS).

Bloomberg reported that Yelp (NYSE: YELP) has temporarily suspended its efforts to sell the company.

Profit taking continued to weigh down shares of RCS Capital (NYSE: RCAP).
 
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 lost 5 points to 2072. Bitcoin slipped $2 to $255.
The nation's unemployment rate slipped to 5.3% to lift the markets to a higher open with the Dow rising 38 points to 17,796. Nasdaq held steady at 5,013.

On the upside

Ebay's (Nasdaq: EBAY) PayPal will acquire Xoom (Nasdaq: XOOM) for a premium of approximately $890 million in cash.

Applied Genetic Technologies (Nasdaq: AGTC) entered a collaboration agreement with Biogen (Nasdaq: BIIB) to develop gene-based therapies for multiple ophthalmic diseases.
 
Health Net (NYSE: HNT) will be acquired by Centene (NYSE: CNC) in a cash and stock deal valued at approximately $6.3 billion.

On the downside

Peabody Energy (NYSE: BTU) chief financial officer Michael Crews will depart the company at the end of July and will be replaced by Amy Schwetz.

Cliffs Natural Resources (NYSE: CLF) will release second quarter financial results before market open on Wednesday, July 29.

Shares of Comstock Resources (NYSE: CRK) extended its losses.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 rose 4 points to 2081. Bitcoin lost $4 to $254.
Renewed hope for a Greek deal boosted the markets to a sharply higher close with the Dow soaring 138 points to 17,757. Nasdaq climbed 26 points to 5,013.

On the upside

Shares of SciClone Pharmaceuticals (Nasdaq: SCLN) extended its gains.

Bank of America Merrill Lynch upgraded Schnitzer Steel Industries (Nasdaq: SCHN) from an Underperform rating to a Buy rating.
 
Blue Ridge Capital acquired an 8.32% stake in Fitbit (Nasdaq: FIT).

On the downside

Real Goods Solar (Nasdaq: RGSE) completed its $5 million public offering.

Teva Pharmaceuticals (NYSE: TEVA) and Xenon Pharmaceuticals (Nasdaq: XENE) reported disappointing results from a Phase 2b study of their chronic osteoarthritis pain treatment TV-45070.

TriMas (Nasdaq: TRS) closed an amendment to existing credit facilities.
 
In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 climbed 14 points to 2077. Bitcoin slipped $3 to $259.
Despite offering new concessions to its creditors, Greek Prime Minister Alexis Tsipras told Greeks to vote against the agreement. The markets retreated from early morning highs but continued to trade in positive territory with the Dow climbing 72 points to 17,691. Nasdaq gained 10 points to 4,997.

On the upside

Shares of Teladoc (NYSE: TDOC) surged on its first trading day.

ConforMIS (Nasdaq: CFMS) stock soared in its market debut.
 
WPCS International (Nasdaq: WPCS) announced that it signed $3.6 million worth of new contracts.

On the downside

Comstock Resources (NYSE: CRK) will sell its oil and gas properties in and around Burleson County, Texas for approximately $115 million.

Investors locked in profits on RCS Capital (NYSE: RCAP).

Profit taking weighed down shares of Advaxis (Nasdaq: ADXS).
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 gained 6 points to 2069. Bitcoin fell $5 to $257.
The markets opened sharply higher with the Dow soaring 130 points to 17,749 as Greece offered new concessions to its creditors. Nasdaq climbed 39 points to 5,026.

On the upside

Ace (NYSE: ACE) will acquire Chubb (NYSE: CB) in a cash and stock deal valued at approximately $28.3 billion.

TetraLogic (Nasdaq: TLOG) reported encouraging preliminary data from an ongoing Phase 2A study of birinapant to treat higher risk myelodysplastic syndromes.
 
Rock Creek Pharmaceuticals (Nasdaq: RCPI) reported positive results from a human proof of principle study with anatabine citrate.

On the downside

Peabody Energy (NYSE: BTU) warned that second quarter results would fall short of previous guidance.

Ballard Power Systems (Nasdaq: BLDP) priced its offering of 8.125 million common shares at the discounted price of $1.60 per share.

Chambers Street Properties (NYSE: CSG) will merge with Gramercy Property Trust (NYSE: GPT).
 
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 climbed 16 points to 2079. Bitcoin lost $5 to $257.
Euro zone finance ministers agreed to meet tomorrow which lifted the markets to a higher close with the Dow rising 23 points to 17,619. Nasdaq gained 28 points to 4,986.

On the upside

RBC Capital Markets initiated coverage of Fitbit (NYSE: FIT) with an Outperform rating.

RCS Capital (NYSE: RCAP) agreed to credit modifications with its secured lenders.
 
Bargain hunters lifted shares of Progenics Pharmaceuticals (Nasdaq: PGNX).

On the downside

Pieris Pharmaceuticals (Nasdaq: PIRS) elected Dr. Jean-Pierre Bizzari to its Board of Directors at the annual shareholders meeting today.

Australia cut its iron ore price forecast for 2015 sending shares of Cliffs Natural Resources (NYSE: CLF) lower.

Willis Group will acquire Towers Watson (Nasdaq: TW) in an all stock deal valued at approximately $18 billion.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 gained 5 points to 2063. Bitcoin climbed $8 to $263.
The markets traded higher with the Dow adding 30 points to 17,627 as Greece asked for additional funds to avert a bankruptcy. Nasdaq rose 23 points to 4,982.

On the upside

KeyBanc Capital Markets analyst Akshay Jagdale said that TreeHouse Foods (NYSE: THS) could potentially buy ConAgra's (NYSE: CAG) private label foods business.

Bargain hunters lifted shares of Advaxis (Nasdaq: ADXS).
 
Alder BioPharmaceuticals (Nasdaq: ALDR) president and chief executive Randall C. Schatzman will present today at the Washington Biotechnology and Biomedical Association 2015 Life Science Innovation Northwest conference.

On the downside

Shares of Ambac Financial (Nasdaq: AMBC) extended its losses.

Shares of Real Goods Solar (Nasdaq: RGSE) continued falling.

Tuesday Mornings (Nasdaq: TUES) chief financial officer Jeffrey N. Boyer resigned.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 rose 4 points to 2062. Bitcoin climbed $12 to $267.
The markets opened higher with the Dow rising 60 points to 17,656 as Greece engaged in last minute talks with euro zone officials. Nasdaq gained 26 points to 4,984.

On the upside

Signal Genetics (Nasdaq: SGNL) signed a Master Service Agreement with a leading pharmaceutical to conduct multiple clinical trials using Signal's MyPRS(R) genetic test to develop treatments for patients with multiple myeloma.

Juno Therapeutics (Nasdaq: JUNO) entered a 10-year, $1 billion collaboration agreement with Celgene (Nasdaq: CELG).
 
Bargain hunters lifted shares of Melco Crown Entertainment (Nasdaq: MPEL).

On the downside

Apollo Education (Nasdaq: APOL) reported lower third quarter earnings and revenue and cut its full year guidance prompting a downgrade.

Standard & Poor's Ratings Services downgraded the credit rating of Puerto Rico sending shares of MBIA (NYSE: MBI) lower.

Investors locked in profits on Peabody Energy (NYSE: BTU).
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 gained 7 points to 2065. Bitcoin climbed $9 to $264.

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