November 2013 Archives

Mixed Close On Shortened Trading Day

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The markets closed mixed on a shortened trading day with the Dow slipping 10 points to 16,086 as investors monitored Black Friday sales. Nasdaq gained 15 points to 4059.

On the upside 

A sharp climb in the Baltic Dry index lifted shares of Frontline (NYSE: FRO), Genco Shipping (NYSE: GNK) and Nordic American Tankers (NYSE: NAT).

Shares of Aeropostale (NYSE: ARO) climbed on speculation that the teen apparel retailer would be taken private.

Bargain hunters snapped up shares of Nuverra Environmental Solutions (NYSE: NES).


On the downside


Profit taking weighed down shares of Eltek (Nasdaq: ELTK). 

Capital One downgraded W&T Offshore (NYSE: WTI) from an Add rating to a Neutral rating.

Australia rejected Archer Daniels Midland's (NYSE: ADM) $3.1 billion offer to acquire GrainCorp.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 eased a point to 1805. Bitcoin fell $33.37 or 2.84% to $1,141.73.

Early reports of strong Black Friday sales lifted the markets to a higher open with the Dow climbing 57 points to 16,155. Nasdaq gained 18 points to 4063.

On the upside 

Zoom Technologies (Nasdaq: ZOOM) will acquire Beijing Baifen Tonglian Information & Technology Co.

Bargain hunters lifted shares of InterCloud Systems (Nasdaq: ICLD).

Motley Fool named Ariad Pharmaceuticals (Nasdaq: ARIA) as one of three Black Friday biotech bargains.


On the downside


Fortinet (Nasdaq: FTNT) chief financial officer Ahmed Rubaie will depart the company December 5, 2013 to be replaced on an interim basis by Nancy Bush. 

Renren (NYSE: RENN) widened losses for the third quarter as revenue fell and the company forecast current quarter revenue below estimates prompting a downgrade.

Investors locked in profits on Zalicus (Nasdaq: ZLCS).

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 added 5 points to 1812. Bitcoin slipped $5.93 or 0.51% to $1,169.17.

U. S. Markets Closed

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U. S. markets are closed in observance of Thanksgiving.

Dow Closes At Another Record High

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Upbeat economic news lifted the markets to a higher close with the Dow gaining 24 points to close at a record 16,097. Nasdaq climbed 27 points to 4044.

On the upside 

A Seeking Alpha contributor wrote that Aetrium (Nasdaq: ATRM) was undervalued and that the stock price should range between $15-$20.

Bargain hunters lifted shares of Oxygen Biotherapeutics (Nasdaq: OXBT).

Frontline (NYSE: FRO) narrowed losses for the third quarter.


On the downside


TiVo (Nasdaq: TIVO) reported sharply lower third quarter earnings. 

58.com (NYSE: WUBA) disappointed with third quarter earnings that fell short of analyst expectations.

Acasti Pharma (Nasdaq: ACST) priced its public offering of 16 million common units at the discounted price of $1.25 per unit.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 rose 4 points to 1807. Bitcoin climbed $70.09 or 7.33% to $1,026.09.

The markets traded higher during the midday with the Dow rising 18 points to 16,091 as consumer sentiment climbed more than expected to 75.1 in November. Nasdaq gained 21 points to 4039.

On the upside 

Bargain hunters lifted shares of Zalicus (Nasdaq: ZLCS).

Optimism for strong Black Friday sales lifted shares of J.C. Penney (NYSE: JCP).

Shares of BioScrip (Nasdaq: BIOS) soared after rival Apria Healthcare sold its Coram unit to CVS (NYSE: CVS).


On the downside


Camtek (Nasdaq: CAMT) clarified that it was in the process of developing a 3D printer. 

Tilly's (NYSE: TLYS) reported lower third quarter earnings and revenue and forecast current quarter earnings that fell far short of expectations prompting downgrades.

Investors locked in profits on Voxeljet (NYSE: VJET).

In the broad market, advancing issues outpaced decliners by a margin of 9 to 7 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 added 3 points to 1806. Bitcoin climbed $41.47 or 4.34% to $997.47.

Higher Open As Jobless Claims Drop

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A greater than expected drop in first time applications for unemployment benefits lifted the markets to a higher open with the Dow rising 24 points to 16,097. Nasdaq gained 16 points to 4033.

On the upside 

Hewlett-Packard (NYSE: HPQ) reversed year ago losses to post a better than expected profit for the fourth quarter.

Eltek (Nasdaq: ELTK) reported sharply higher third quarter earnings as revenue rose.

Motley Fool noted that George Soros recently bought 590,278 shares of DryShips (Nasdaq: DRYS).


On the downside


Infoblox (NYSE: BLOX) reported higher first quarter earnings and revenue but the company forecast current quarter results below analyst expectations. 

Bio-Reference Laboratories (Nasdaq: BRLI) warned of lower fourth quarter earnings.

Investors locked in profits on Echo Therapeutics (Nasdaq: ECTE).

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on both the NYSE and on Nasdaq. The broader S&P 500 rose 4 points to 1806. Bitcoin climbed $40.25 or 4.21% to $996.25.

Nasdaq Nabs Spotlight

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On a light trading day, Nasdaq took the spotlight by closing above 4000 for the first time since 2000. The tech heavy index gained 23 points to 4017. The Dow held steady at 16,072.

On the upside 

A Seeking Alpha contributor wrote yesterday that Eltek (Nasdaq: ELTK) had significant upside potential.

Tiffany & Co. (NYSE: TIF) reported sharply higher third quarter earnings that surpassed analyst expectations by a wide margin prompting the jewelry retailer to lift its full year earnings outlook.

Argentina was close to finalizing a deal to compensate Repsol for seizing Repsol's 51% stake in YPF (NYSE: YPF) in 2012.


On the downside


Petrobras (NYSE: PBR) stock tumbled on news that the Brazilian government would not raise gasoline prices along with inflation. 

Barnes & Noble (NYSE: BKS) swung to a profit for the second quarter but revenue fell to miss analyst expectations.

Third quarter earnings rose for DSW (NYSE: DSW) but revenue fell short of expectations and the shoe retailer forecast full year revenue below estimates.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 held steady at 1802. Bitcoin leaped $114.89 or 14.11% to $928.90.

The markets advanced during the midday with the Dow rising 23 points to 16,095 as building permits jumped in October. Nasdaq climbed 24 points to 4018.

On the upside 

Mediabistro (Nasdaq: MBIS) made a strategic investment in 3DPI.

Merrimack Pharmaceuticals (Nasdaq: MACK) will develop and manufacture pharmaceutical products for Actavis to commercialize.

Workday (NYSE: WDAY) narrowed third quarter losses more than expected and forecast current quarter revenue ahead of estimates prompting an upgrade.


On the downside


Investors locked in profits on Ariad Pharmaceuticals (Nasdaq: ARIA). 

21Vianet Group (Nasdaq: VNET) fell to a loss for the third quarter as expenses climbed.

CenterPoint Energy (Nasdaq: CNP), OGE Energy (NYSE: OGE) and ArcLight Capital Partners limited partnership Enable Midstream filed for a proposed initial public offering.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 added 4 points to 1806. Bitcoin climbed $75.97 or 9.33% to $889.98.

Rising Home Prices Lift Markets

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Rising home prices lifted the markets to a higher open with the Dow gaining 16 points to 16,088. Nasdaq added 7 points to 4001.

On the upside 

Echo Therapeutics (Nasdaq: ECTE) reported positive results from a clinical trial of its Symphony CGM System for monitoring glucose levels.

Shares of Camtek (Nasdaq: CAMT) continued rising.

Men's Wearhouse (NYSE: MW) offered a premium of approximately $1.5 billion in cash to acquire Jos. A. Bank Clothiers (Nasdaq: JOSB).


On the downside


Nuance Communications (Nasdaq: NUAN) fell to a loss for the fourth quarter and forecast current quarter results below analyst expectations. 

JA Solar (Nasdaq: JASO) narrowed third quarter losses but the results missed estimates.

America First Multifamily Investors (Nasdaq: ATAX) priced its public offering of 7.2 million shares at the discounted price of $6.25 per share.

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 edged up a fraction to 1803. Bitcoin climbed $63.89 or 7.85% to $877.90.

Flat Close As Pending Home Sales Fall

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The markets closed flat with the Dow adding 7 points to 16,072 as pending home sales fell in October. Nasdaq rose 2 points to 3994.

On the upside 

DaVita HealthCare Partners (NYSE: DVA) welcomed news that Medicare dialysis rates will not be cut in 2014.

Bargain hunters lifted shares of IntelliPharmaCeutics International (Nasdaq: IPCI).

A Seeking Alpha contributor wrote an article about Voxeljet's (NYSE: VJET) performance and product offerings.


On the downside


A client of OraSure Technologies (Nasdaq: OSUR) was told by the Food and Drug Administration to halt marketing its services in the U.S. 

A Seeking Alpha lifted its target price on Trina Solar (NYSE: TSL) from $8.50 to $14.50. The stock price fell after opening at $15.80 this morning

SeaDrill (NYSE: SDRL) reported third quarter earnings that fell short of analyst expectations.

In the broad market, declining issues outpaced advancers by a slim margin of more than 5 to 4 on the NYSE while advancers edged out decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 slipped 2 points to 1802. Bitcoin dropped $39.23 or 4.79% to $778.91.

Markets Advance On Iran Nuclear Deal

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The markets traded higher during the midday with the Dow rising 22 points to 16,087 as oil prices dropped in the wake of a preliminary nuclear deal with Iran. Nasdaq rose 5 points to 3996.

On the upside 

Orexigen Therapeutics (Nasdaq: OREX) reported positive interim results from the Light Study for its obesity treatment Contrave and will resubmit its New Drug Application to the Food and Drug Administration in the next few weeks.

Shares of Prima BioMed (Nasdaq: PBMD) surged after chief executive Matthew Lehman presented at the 11th Annual Commercial Translation of Regenerative Medicine meeting.

Shares of Sungy Mobile (Nasdaq: GOMO) extended its gains after a successful initial public offering on Friday.


On the downside


A Seeking Alpha contributor recommended shorting InterCloud Systems (Nasdaq: ICLD). 

Investors locked in profits on Lions Gate (NYSE: LGF) after "The Hunger Games: Catching Fire" set a November box office record.

Stifel Research downgraded Qihoo 360 (NYSE: QIHU) from a Buy rating to a Hold rating.

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers outpaced decliners by more than 5 to 4 on Nasdaq. The broader S&P 500 edged up a fraction to 1805. Bitcoin eased a fraction or 0.02% to $818.

Merrill Lynch issued a positive economic outlook for 2014 to lift the markets to a higher open with the Dow rising 25 points to 16,090. Nasdaq eased a point to 3990.

On the upside 

A Seeking Alpha contributor expects a surge in Camtek's (Nasdaq: CAMT) share price to fall within P/E ratio of other 3D printer stocks.

Shares of Ariad Pharmaceuticals (Nasdaq: ARIA) continued rising.

Giant Interactive (NYSE: GA) received a buyout bid of a premium of approximately $2.8 billion.


On the downside


ADT (NYSE: ADT) will repurchase 10.24 million common shares that are owned by Corvex Management for $44.01 per share. 

Celldex Therapeutics (Nasdaq: CLDX) reported upbeat interim data from a Phase 2 ReACT study of rindopepimut in recurrent glioblastoma but the stock price dropped.

Investors locked in profits on Galena Biohpharma (Nasdaq: GALE).

In the broad market, declining issues barely edged out advancers by a slim margin of nearly 10 to 9 on the NYSE while advancers edged out decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 held steady at 1804. 

Record Close For Dow And S&P 500

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More records were set today with the Dow gaining 54 points to close at a new high of 16,064 as investors grew more confidant that the Federal Reserve would continue its bond buying program. Nasdaq climbed 22 points to 3991.

On the upside 

Splunk (Nasdaq: SPLK) widened third quarter losses but the results were better than expected and the company raised its full year revenue guidance.

A Seeking Alpha contributor wrote that Galena Biopharma (NYSE: GALE) was a wise investment where the potential financial rewards outweighed the risks.

The Wall Street Journal reported that Comcast (Nasdaq: CMCSA) may be interested in acquiring Time Warner Cable (NYSE: TWC).


On the downside


The Food and Drug Administration refused to reconsider Amarin's (Nasdaq: AMRN) application to expand the approved use of its fish oil drug Vascepa. 

Profit taking weighed down shares of CombiMatrix (Nasdaq: CBMX).

Kase Capital Managment's Whitney Tilson said at an investor conference that he was shorting Lumber Liquidators (NYSE: LL).

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 gained 8 points to 1804, closing above 1800 for the first time. Bitcoin climbed $37 or 5% to $780.

The markets advanced during the midday with Dow rising 15 points to 16,025 on optimism that the Federal Reserve will maintain its policy of record low interest rates. Nasdaq gained 16 points to 3985.

On the upside 

Pretium Resources (NYSE: PVG) reported better than expected results from a bulk sample.

Shares of apparel company Vince Holding (NYSE: VNCE) leaped in its market debut.

Chinese online sports lottery provider 500.com (NYSE: WBAI) surged on its first trading day.


On the downside


Nordic American Tankers (NYSE: NAT) priced its follow-on offering of 8.125 million common shares at the discounted price of $8 per share. 

Ross Stores (Nasdaq: ROST) reported higher third quarter earnings but the retailer warned of intense competition and promotional sales during the holiday season.

R. W. Baird cut its price target on Tile Shop Holdings (Nasdaq: TTS) to $30 from $24.

In the broad market, declining issues were on par with advancers on the NYSE while advancers edged out decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 rose 4 points to 1800.

The markets opened flat with Dow adding 5 points to 16,015 after a record close yesterday. Nasdaq rose 14 points to 3983.

On the upside 

The European Medicines Association will continue to allow ARIAD Pharmaceuticals' (Nasdaq: ARIA) Iclusig to be used in patients with some added recommendations.

Pandora Media (NYSE: P) fell to a loss for the third quarter but revenue soared to beat analyst expectations.

The European Medicines Agency granted New Active Substance designation to Biogen Idec's (Nasdaq: BIIB) multiple sclerosis treatment Tecfidera.


On the downside


Violin Memory (NYSE: VMEM) widened third quarter losses more than expected and forecast current quarter revenue below estimates. 

dELia*s (Nasdaq: DLIA) widened losses for the third quarter as revenue fell.

Third quarter earnings edged up for The Fresh Market (Nasdaq: TFM) but the results missed expectations prompting a downgrade.

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on both the NYSE and on Nasdaq. The broader S&P 500 added 2 points to 1797.

An upbeat jobs report sent the Dow surging into record territory to close above the 16,000 mark for the first time by jumping 109 points to 16,009. Nasdaq leaped 47 points to 3969.

On the upside 

A Seeking Alpha contributor wrote that Dex Media (Nasdaq: DXM) had great upside potential.

Bon-Ton Stores (Nasdaq: BONT) narrowed third quarter losses more than expected even as revenue slipped.

Sprint (NYSE: S) received the lowest score in a Consumer Reports customer satisfaction survey but the stock price rose.


On the downside


Investors locked in profits on IntelliPharmaCeutics (Nasdaq: IPCI). 

Bazaarvoice (Nasdaq: BV) widened second quarter losses and announced that chief executive Stephen Collins will depart the company effective January 31, 2014 to be replaced by Gene Austin.

Profit taking weighed down shares of Unilife (Nasdaq: UNIS).

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 climbed 14 points to 1795.

A greater than expected drop in jobless claims boosted the markets during the midday with the Dow climbing 92 points to 15,993. Nasdaq soared 36 points to 3958.

On the upside 

Williams-Sonoma (NYSE: WSM) reported higher third quarter earnings and revenue that topped analyst estimates prompting the home products retailer to lift its full year outlook.

Cardiovascular Systems (Nasdaq: CSII) priced its public offering of approximately 2.6 million common shares at $30 per share.

Southwest Airlines (NYSE: LUV) will offer Global Eagle Entertainment's (Nasdaq: ENT) Wi-Fi service to its passengers from gate to gate.


On the downside


SGOCO Group (Nasdaq: SGOC) reversed year ago losses to post a profit for the third quarter as revenue surged but the stock price plunged as investors locked in profits. 

TheStreet questioned study results released this morning by Oncolytics Biotech (Nasdaq: ONCY) for its head and neck cancer treatment Reolysin.

Goldman Sachs downgraded Philip Morris (NYSE: PM) from a Conviction Buy rating to a Neutral rating and lowered its price target from $103 to $95.

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 climbed 11 points to 1793.

Higher Open As Jobless Claims Fall

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The markets opened higher with the Dow gaining 62 points to 15,963 as first time applications for unemployment benefits fell more than expected last week. Nasdaq climbed 31 points to 3952.

On the upside 

Green Mountain Coffee Roasters (Nasdaq: GMCR) reported sharply higher fourth quarter earnings that surpassed analyst expectations by a wide margin, declared a quarterly dividend and announced a $1 billion stock repurchase plan.

EXCO Resources (NYSE: XCO) announced the resignation of chairman and chief executive Douglas H. Miller and declared a quarterly dividend of 5 cents per share payable on December 16, 2013 to shareholders of record on December 2, 2013.

CombiMatrix (Nasdaq: CBMX) entered a contract with America's Choice Provider Network to provide molecular diagnostic solutions and comprehensive clinical support.


On the downside


GameStop (NYSE: GME) reported higher third quarter earnings and revenue but the video games product retailer forecast current quarter earnings below analyst expectations. 

Liquidity Services (Nasdaq: LQDT) reported higher fourth quarter earnings but the results missed expectations and the company forecast current quarter and full year results below estimates.

Shares of Voxeljet (NYSE: VJET) continued falling after Citron Research questioned the company's revenue yesterday.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 gained 8 points to 1789.

Indications that the Federal Reserve may begin tapering its bond buying program soon weighed the markets down to a lower close with the Dow falling 66 points to 15,900. Nasdaq lost 10 points to 3921.

On the upside 

Zynga (Nasdaq: ZNGA) was victorious in its suit against Personalized Media Communications.

Post Holdings chief executive Bill Stiritz increased his stake in Herbalife (NYSE: HLF) from 5.3% to 6.4%.

Goldman Small Cap Research initiated coverage of China Recycling Energy (Nasdaq: CREG).


On the downside


China Ming Yang Wind Power Group (NYSE: MY) fell to a loss for the third quarter. 

Demandware (NYSE: DWRE) priced its public offering of more than 3.31 million common shares at the discounted price of $57.00 per share.

Ceragon Networks (Nasdaq: CRNT) announced a proposed public offering of common stock.

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 6 points to 1781.

Markets Rise On Upbeat Retail Sales

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The markets traded modestly higher during the midday with the Dow rising 19 points to 15,986 as a drop in existing home sales tempered enthusiasm for a better than expected increase in retail sales. Nasdaq gained 12 points to 3943.

On the upside 

Bargain hunters lifted shares of Oxygen Biotherapeutics (Nasdaq: OXBT).

The Defense Information Systems Agency granted Joint Interoperability Certification to Zhone Technologies (Nasdaq: ZHNE) for its FiberLAN solutions.

Gray Television (NYSE: GTN) and Excalibur Broadcasting will pay approximately $335 million in cash to acquire 15 television stations from Hoak Media and Parker Broadcasting.


On the downside


Lowe's Companies (NYSE: LOW) reported higher third quarter earnings but the results fell short of expectations and the home improvement retailer forecast full year earnings below estimates. 

3D Systems (NYSE: DDD) chief financial officer Damon Joseph Gregoire sold 45,000 shares of company stock.

Profit taking continued to sink shares of Voxeljet (NYSE: VJET).

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 1791.

Upbeat Retail Sales Lift Markets

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A greater than expected increase in October retail sales lifted the markets to a higher open with the Dow rising 27 points to 15,994. Nasdaq gained 13 points to 3944.

On the upside 

Shares of SGOCO Group (Nasdaq: SGOC) rose ahead of its earnings release after market close today.

Unilife (Nasdaq: UNIS) signed a 15-year global agreement to supply Hikma Pharmaceuticals with its Unifill pre-filled syringes.

J.C. Penney (NYSE: JCP) widened third quarter losses more than expected but the retailer expects same store sales to improve in the current quarter.


On the downside


Aeterna Zentaris (Nasdaq: AEZS) priced its public offering of 13.1 million units at the discounted price of $1.15 per unit. 

Northwest Biotherapeutics (Nasdaq: NWBO) priced its public offering of nearly 4.9 million units at the discounted price of $4.80 per unit.

Seaspan (NYSE: SSW) priced its public offering of 3.5 million common shares at the discounted price of $22 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by 10 to 9 on Nasdaq. The broader S&P 500 gained 6 points to 1794.

The markets closed lower with the Dow slipping 8 points to 15,967 as investors digested corporate earnings news. Nasdaq lost 17 points to 3931.

On the upside 

A Seeking Alpha contributor expects SGOCO Group (Nasdaq: SGOC) to report impressive earnings tomorrow.

Devon Energy (NYSE: DVN) was moving closer to finalizing an agreement to acquire GeoSouthern Energy for approximately $6 billion.

A Seeking Alpha contributor defended Tile Shop Holdings (Nasdaq: TTS) against allegations for fraud that were made by Gotham City.


On the downside


ChinaCache International Holdings (Nasdaq: CCIH) fell to a loss for the third quarter. 

Albany Molecular Research (Nasdaq: AMRI) announced a private offering of $100 million in convertible senior notes.

Oiltanking Partners (NYSE: OILT) priced its public offering of 2.6 million common units at the discounted price of $61.65 per common unit.

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 slipped 3 points to 1787.

Markets Slip As Compensation Costs Rise

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The markets traded lower during the midday with the Dow easing 6 points to 15,969 as compensation costs for the nation's employees rose in the third quarter. Nasdaq fell 17 points to 3931.

On the upside 

A Seeking Alpha contributor said that the Food and Drug Administration erred when it rescinded Amarin's (Nasdaq: AMRN) ANCHOR special protocol assessment agreement.

Spherix (Nasdaq: SPEX) settled a patent infringement dispute and entered a license agreement with a technology firm.

Aegis Capital initiated coverage of Evoke Pharma (Nasdaq: EVOK) with a Buy rating.


On the downside


LightInTheBox (NYSE: LITB) widened third quarter losses more than expected as expenses soared. 

Motley Fool wrote that Voxeljet (NYSE: VJET) was overvalued.

A senator from Alabama questioned government grants that were awarded to SolarCity (Nasdaq: SCTY).

In the broad market, declining issues outpaced advancers 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 lost 4 points to 1787.

Higher Open On Upbeat Earnings

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The markets opened higher with the Dow rising 27 points to 16,003 on upbeat earnings. Nasdaq added 2 points to 3951.

On the upside 

Intellipharmaceuticals International (Nasdaq: IPCI) will immediately launch the commercial sale of the 15 mg and 30 mg strength generic version of the attention deficit hyperactivety disorder drug Focalin.

Horizon Pharma (Nasdaq: HZNP) will acquire the U.S. rights to AstraZeneca's arthritis treatment VIMOVO for $35 million.

United Continental (NYSE: UAL) will reduce expenses by $2 billion per year.


On the downside


Best Buy (NYSE: BBY) swung to a profit for the third quarter but the electronics retailer warned that competitive promotional pricing during the holiday shopping season will hurt margins. 

Campbell Soup (NYSE: CPB) disappointed with sharply lower first quarter earnings that fell far short of analyst expectations and lowered its full year guidance.

Salesforce.com (NYSE: CRM) narrowed third quarter losses but the company forecast current quarter earnings below analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE while advancers edged out decliners by nearly 5 to 4 on Nasdaq. The broader S&P 500 added a point to 1793.

The markets retreated in late afternoon trading to close mixed with the Dow rising 14 points to 15,976 after activist investor Carl Icahn offered a cautious outlook on the stock market. Nasdaq dropped 36 points to 3949.

On the upside 

A Seeking Alpha contributor highlighted the potential of Northwest Biotherapeutics' (Nasdaq: NWBO) development stage cancer treatments.

Tile Shop Holdings (Nasdaq: TTS) continued rising after Piper Jaffray affirmed its Overweight rating on the stock on Friday.

ABnote will offer On Track Innovations' (Nasdaq: OTIV) new WAVE device for mobile wallet payments.


On the downside


Profit taking sank shares of Vanda Pharmaceuticals (Nasdaq: VNDA). 

Goldman Sachs analyst Stephen Grambling downgraded Supervalu(NYSE: SVU) from a Neutral rating to a Sell rating and lowered his price target from $8 to $6.

Investors locked in profits on E-Commerce China Dangdang (NYSE: DANG).

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 6 points to 1791.

Dow Tops 16,000

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The markets extended it gains during the midday with the Dow climbing 54 points to 16,016 over optimism that the Federal Reserve will continue its bond buying policy under the leadership of chair nominee Janet Yellen. Nasdaq edged up a point to 3987.

On the upside 

A Seeking Alpha contributor noted that insiders have purchased over 5 million shares of Synta Pharmaceuticals (Nasdaq: SNTA) stock in November.

3D Systems (NYSE: DDD) was named a Momo Momentum stock by Trade-Ideas.

Shares of Voxeljet (NYSE: VJET) continued rising after the 3D printer company reported a quarterly profit last week.


On the downside


Shares of Gogo (Nasdaq: GOGO) extended its losses after Morgan Stanley downgraded the stock last week. 

Tesla (Nasdaq: TSLA) has engaged in discussions with LG Chem and Samsung SDI to provide batteries for its electric vehicles but development of a proper battery would take several years.

Investors locked in profits on Yelp (NYSE: YELP).

In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 added a point to 1799.

Upbeat investor sentiment lifted the markets to a higher open with the Dow gaining 44 points to soar above 16,000 for the first time to 16,006. Nasdaq slipped 2 points to 3983.

On the upside 

Underwriters exercised the full over-allotment option granted by InterCloud Systems (Nasdaq: ICLD).

The journal Epilepsia will publish a research paper demonstrating the proof of concept of Catalyst Pharmaceutical Partners' (Nasdaq: CPRX) CPP-15 in suppressing infantile spasms.

JinkoSolar Holding (NYSE: JKS) raised its full year outlook as third quarter shipments climbed more than expected.


On the downside


Shares of Real Goods Solar (Nasdaq: RSOL) extended its losses. 

Profit taking sank shares of Aruba Networks (Nasdaq: ARUN).

Canaccord downgraded Renewable Energy (Nasdaq: REGI) from a Buy rating to a Hold rating.

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by nearly 9 to 7 on Nasdaq. The broader S&P 500 held steady at 1798.

Dow Sets Another Record

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The Dow climbed 85 points to close at a record 15,961 on optimism that the Federal Reserve will maintain its bond buying policy. Nasdaq rose 13 points to 3985.

On the upside 

Youku Tudou (NYSE: YOKU) reported a loss for the third quarter but daily mobile video viewers surged over 300 million.

Fourth quarter earnings slipped for Agilent Technologies (NYSE: A) but the results were better than expected.

JPMorgan lifted its price target on Pandora Media (NYSE: P) from $25 to $35.


On the downside


Profit taking sank shares of China Recycling Energy (Nasdaq: CREG). 

The Environmental Protection Agency will lower ethanol requirements in gasoline sending shares of Archer Daniels Midland (NYSE: ADM) lower.

Piper Jaffray affirmed its Overweight rating on Electronic Arts (Nasdaq: EA) as Sony launched its PlayStation 4 today but the stock price dropped.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 gained 7 points to 1798.

The markets advanced during the midday with the Dow gaining 40 points to 15,916 as factory orders rose. Nasdaq added a point to 3974.

On the upside 

Shares of Zulily (Nasdaq: ZU) surged on its first trading day.

A Food and Drug Administration advisory committee recommended approval for Vanda Pharmaceuticals' (Nasdaq: VNDA) tasimelteon to treat Non-24-Hour Disorder in the totally blind .

Biostar Pharmaceuticals (Nasdaq: BSPM) reversed year ago losses to post a profit for the third quarter.


On the downside


Hanwha SolarOne (Nasdaq: HSOL) will offer up to $70 million worth of American Depositary Shares. 

Western Union's (NYSE: WU) chief financial officer will leave the company on December 31, 2013.

Investors locked in profits on E-House (China) Holdings (NYSE: EJ).

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 4 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 edged up a point to 1791.

Gain In Factory Orders Lifts Markets

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A 0.3% increase in October factory orders lifted the markets to a higher open with the Dow gaining 34 points to 15,910. Nasdaq added a point to 3974.

On the upside 

Cell Therapeutics (Nasdaq: CTIC) partnered with Baxter International (NYSE: BAX) to develop and commercialize its cancer treatment pacritinib.

InterCloud Systems (Nasdaq: ICLD) swung to a profit for the third quarter.

A district court ruled in favor of Cadence Pharmaceuticals (Nasdaq: CADX) in its patent infringement suit against Exela Pharma Sciences.


On the downside


Citigroup downgraded Tile Shop Holdings (Nasdaq: TTS) from a Buy rating to a Neutral rating. 

Russia's central bank said yesterday that Mechel's (NYSE: MTL) bonds are worthless.

Morgan Stanley downgraded Gogo (Nasdaq: GOGO) from an Equal Weight rating to an Underweight rating.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners edged out advancers by nearly 5 to 4 on Nasdaq. The broader S&P 500 added 2 points to 1793.

Speculation that Federal Reserve may maintain record low interest rates until 2017 lifted the markets to a higher close with the Dow gaining 54 points to 15,876. Nasdaq rose 7 points to 3972.

On the upside 

YuMe (NYSE: YUME) reported a smaller than expected loss for the third quarter as revenue climbed.

Bargain hunters lifted shares of Mechel (NYSE: MTL).

China Recycling Energy (Nasdaq: CREG) reported higher third quarter earnings as revenue surged.


On the downside


Epizyme (Nasdaq: EPZM) reported positive interim results from an ongoing Phase 1 study of its acute leukemia treatment EPZ-5676 and announced plans to expand the study in MLL-r patients but the stock price plummeted. 

Turquoise Hill (NYSE: TRQ) is unable to secure the financing for its Oyu Tolgoi project due to ongoing negotiations with the Government of Mongolia.

Investors locked in profits on USEC (NYSE: USU).

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 gained 8 points to 1790.

The markets advanced during the midday with the Dow rising 35 points to 15,857 over optimism that the Federal Reserve may maintain low interest rates for the next few years. Nasdaq eased a point to 3963.

On the upside 

Shares of Houghton Mifflin Harcourt (Nasdaq: HMHC) surged on its first trading day.

Tandem Diabetes Care (Nasdaq: TNDM) stock soared in its market debut.

Biostar Pharmaceuticals (Nasdaq: BSPM) regained compliance with Nasdaq's minimum bid rule.


On the downside


Gotham City Research claimed that Tile Shop Holdings (Nasdaq: TTS) overstated its 2013 earnings. 

Kohl's (NYSE: KSS) reported lower third quarter earnings that fell short of analyst expectations prompting the company to cut its full year earnings guidance.

Multimedia Games (Nasdaq: MGAM) reported higher fourth quarter earnings and revenue that topped analyst expectations but the company forecast 2014 earnings below estimates.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by a margin of nearly 7 to 5 on Nasdaq. The broader S&P 500 rose 6 points to 1788.

Flat Open Ahead Of Yellen's Comments

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The markets opened flat with the Dow adding 5 points to 15,827 while Nasdaq lost 8 points to 3957 as investors await comments from Federal Reserve chair nominee Janet Yellen.

On the upside 

Oxygen Biotherapeutics (Nasdaq: OXBT) closed its acquisition of certain Phyxius Pharma assets.

Robert W. Baird upgraded SolarCity (Nasdaq: SCTY) from a Neutral rating to an Outperform rating.

Shares of Gogo (Nasdaq: GOGO) continued rising lifting its revenue guidance for the year earlier this week.


On the downside


Cisco Systems (Nasdaq: CSCO) reported lower first quarter earnings and warned of lower second quarter revenue. 

Eagle Bulk Shipping (Nasdaq: EGLE) widened third quarter losses as revenue dropped.

Millennial Media (NYSE: MM) widened losses for the third quarter even as revenue climbed.

In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 added 2 points to 1784.

Record Close For Dow

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The markets advanced in late afternoon trading with the Dow climbing 70 points to close at a record 15,821 as investors continued to monitor economic developments. Nasdaq soared 45 points to 3965.

On the upside 

Shares of NeuroMetrix (Nasdaq: NURO) soared ahead of its presentation at the Canaccord Genuity Medical Technology & Diagnostics Forum tomorrow.

USEC (NYSE: USU) welcomed news that the International Trade Commission will maintain duties on French low enriched uranium.

E-House (China) Holdings (NYSE: EJ) reversed year ago losses to post a profit for the third quarter.


On the downside


Perry Ellis International (Nasdaq: PERY) lowered its third quarter and full year revenue guidance and warned of losses for the third quarter. 

NQ Mobile (NYSE: NQ) fell to a loss for the third quarter even as revenue surged.

MarkWest Energy Partners (NYSE: MWE) widened third quarter losses even as revenue soared.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 climbed 14 points to 1782.

Mixed Markets Over China's Communique

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The markets recovered early morning losses to trade mixed during the midday with the Dow slipping 11 points to 15,738 as investors analyzed China's economic reform communique. Nasdaq climbed 19 points to 3939.

On the upside 

Quantum Fuel Systems Technologies Worldwide (Nasdaq: QTWW) narrowed third quarter losses as revenue rose.

Shares of Extended Stay America (NYSE: STAY) surged on its first trading day.

RealD (NYSE: RLD) widened second quarter losses as revenue slipped but the results were better than expected.


On the downside


Shares of Chegg (NYSE: CHGG) plummeted in its market debut. 

Frank's International (NYSE: FI) disappointed with lower third quarter earnings prompting a downgrade.

Safe Bulkers (NYSE: SB) priced its public offering of 5 million common shares at the discounted price of $7.43 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 added 3 points to 1771.

China's economic reform plan communique revealed few details about major issues.  The markets opened lower with the Dow falling 60 points to 15,690. Nasdaq slipped 3 points to 3916.

On the upside 

Third quarter earnings for Sina (Nasdaq: SINA) more than doubled to beat analyst expectations as revenue climbed.

Canadian Solar (Nasdaq: CSIQ) reversed year ago losses to post a profit for the third quarter.

Macy's (NYSE: M) reported higher third quarter earnings that surpassed analyst expectations by a wide margin as revenue rose.


On the downside


Investors questioned whether Mechel OAO (NYSE: MTL) would be able to sustain its debt load. 

Synta Pharmaceuticals (Nasdaq: SNTA) priced its public offering of 14 million common shares at the discounted price of $3.75 per share.

YRC Worldwide (Nasdaq: YRCW) fell to a loss for the third quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 slipped 3 points to 1764.

The markets recovered earlier losses to close modestly lower with the Dow losing 32 points to 15,750 as small business optimism slipped. Nasdaq held steady at 3919.

On the upside 

Heartland Express (Nasdaq: HTLD) purchased Gordon Trucking in a deal valued at approximately $300 million including the assumption of debt.

Inside Mortgage Finance reported that Ellie Mae (NYSE: ELLI) may be acquired.

Motorcar Parts of America (Nasdaq: MPAA) reversed year ago losses to post a profit for the second quarter.


On the downside


Amedisys (Nasdaq: AMED) fell to an unexpected loss for the third quarter as revenue dropped. 

Dean Foods (NYSE: DF) reported sharply higher third quarter earnings but the results fell short of expectations prompting the company to cut its full year earnings guidance.

Shares of James River Coal (Nasdaq: JRCC) continued falling after reporting a wider than expected third quarter loss last week.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 lost 4 points to 1767.

A drop in small business optimism weighed the markets down during the midday with the Dow falling 64 points to 15,718. Nasdaq lost 12 points to 3907.

On the upside 

InterOil (NYSE: IOC) fell to a loss for the third quarter but revenue surpassed analyst expectations.

On Track Innovations (Nasdaq: OTIV) received purchase orders totaling more than $1 million for its EasyFuel Plus solution.

Western Refining (NYSE: WNR) will pay approximately $775 million to acquire the ownership interests of ACON Investment and TPG in Northern Tier Energy (NYSE: NTI).


On the downside


Rackspace Hosting (NYSE: RAX) disappointed with lower third quarter earnings that missed analyst expectations as expenses climbed. 

Dolan (NYSE: DM) fell to a third quarter loss as revenue dropped.

Third quarter earnings plunged for Harvest Natural Resources (NYSE: HNR) due to an impairment charge.

In the broad market, declining issues outpaced advancers by a margin of 7 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 fell 8 points to 1763.

The markets opened flat with the Dow edging up 2 points to 15,785 while Nasdaq slipped 2 points to 3916 as small business optimism fell in October.

On the upside 

A Food and Drug Advisory panel recommended approval of Vanda Pharmaceuticals' (Nasdaq: VNDA) sleep disorder treatment tasimelteon.

Assured Guaranty (NYSE: AGO) reported sharply higher third quarter earnings as revenue surged.

L&L Energy (Nasdaq: LLEN) issued a report refuting allegations of fraud made by GeoInvesting.


On the downside


The Food and Drug Administration informed Sarepta Therapeutics (Nasdaq: SRPT) that a New Drug Application for its Duchenne muscular dystrophy treatment eteplirsen would be premature due to disappointing trial results. 

Hologic (Nasdaq: HOLX) widened fourth quarter losses prompting a downgrade.

Yingli Green Energy (NYSE: YGE) narrowed third quarter losses but the results fell short of analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 held steady at 1771.

Flat Close On Veterans Day

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The markets closed flat with the Dow rising 21 points to 15,783 as investors took a breather on Veterans Day. Nasdaq held steady at 3919.

On the upside 

Bargain hunters snapped up shares of Rocket Fuel (Nasdaq: FUEL).

Arkansas Best (Nasdaq: ABFS) reported sharply higher third quarter earnings and revenue.

Shares of China New Borun (NYSE: BORN) surged ahead of its earnings release after market close on Wednesday, November 13.


On the downside


RadNet (Nasdaq: RDNT) fell to a loss for the third quarter. 

Shares of Tremor Video (NYSE: TRMR) continued falling after reporting a wider third quarter loss last week.

Apollo Global Management (NYSE: APO) extended its losses after analysts downgraded the investment manager last week.

In the broad market, advancing issues edged out decliners by a margin of nearly 10 to 9 on the NYSE while decliners were on par with advancers on Nasdaq. The broader S&P 500 edged up a point to 1771.

Markets Turn Positive At Midday

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The markets advanced into positive territory during the midday with the Dow rising 19 points to 15,781 on a slow holiday trading day. Nasdaq added 2 points 3920 on Veterans Day.

On the upside 

Fox News and Fox Business News reported last week about the potential benefits of Northwest Biotherapeutics' (Nasdaq: NWBO) non-toxic DCVax solid tumor cancer treatment.

Analysts expect NQ Mobile (NYSE: NQ) to report sharply higher third quarter earnings after market close tomorrow, November 12.

Arena Pharmaceuticals (Nasdaq: ARNA) stock extended its gains after expanding a marketing deal last week for its Belviq weight loss drug with Eisai.


On the downside


Shares of Nuverra Environmental Solutions (NYSE: NES) continued falling after reporting a wider third quarter loss last week. 

Investors locked in profits on FirstEnergy (NYSE: FE).

Nomura Securities analysts Kapil Singh and Nishit Jalan downgraded Tata Motors (NYSE: TTM) from a Buy rating to a Hold rating.

In the broad market, advancing issues edged out decliners by a margin of nearly 10 to 9 on the NYSE while decliners outpaced advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 edged up a fraction to 1771.

Mixed Open On Veterans Day

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The markets opened mixed with the Dow adding 18 points to 15,779 while Nasdaq lost 6 points 3911 on Veterans Day.

On the upside 

Shire will pay a premium of approximately $4.2 billion to acquire ViroPharma (Nasdaq: VPHM).

Gogo (Nasdaq: GOGO) narrowed third quarter losses more than expected as revenue surged prompting the company to lift its full year forecast.

CollabRx (Nasdaq: CLRX) partnered with Quest Diagnostics (NYSE: DGX) to incorporate medical annotation for next generation sequencing test services for cancer.


On the downside


Zalicus (Nasdaq: ZLCS) will end development of its chronic pain treatment Z160 after disappointing results from two Phase 2 clinical trials. 

Barclays Capital said that the Apple (Nasdaq: AAPL) iPad Air does not use Cirrus Logic (NYSE: CRUS) amplifiers.

Denbury Resources (NYSE: DNR) will begin paying regular quarterly dividends in 2014 and increased its stock repurchase plan but the stock price fell.

In the broad market, advancing issues edged out decliners by a margin of nearly 10 to 9 on the NYSE while decliners outpaced advancers by 7 to 5 on Nasdaq. The broader S&P 500 held steady at 1770.

An unexpectedly strong increase in October jobs sent the markets soaring to a sharply higher close with the Dow leaping 167 points to 15,761. Nasdaq jumped 61 points 3919.

On the upside 

Horizon Pharma (Nasdaq: HZNP) narrowed third quarter losses as revenue surged.

Needham lifted its price target on SunEdison (NYSE: SUNE) from $11 to $15.

Gap (NYSE: GPS) reported a stronger than expected 4% gain in October same store sales.


On the downside


Rocket Fuel (Nasdaq: FUEL) widened third quarter losses even as revenue more than doubled. 

Cooper Tire & Rubber (NYSE: CTB) requested that certain testimony by Apollo Tyres (NYSE: APTY) be disregarded in a lawsuit over a delayed merger between the two companies.

Shares of Twitter (NYSE: TWTR) fell on its second trading day as investors locked in profits.

In the broad market, advancing outpaced decliners by a margin of 4 to 3 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 soared 23 points to 1770.

Strong Jobs Report Boosts Markets

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A strong jobs report boosted the markets during the midday with the Dow climbing 87 points to 15,681. Nasdaq surged 53 points 3910.

On the upside 

Elliott Associates purchased a 10.4% stake in Riverbed Technology (Nasdaq: RVBD) and has urged the company to strategic options.

Universal Display (Nasdaq: OLED) reported an unexpected profit for the third quarter as revenue more than doubled to surpass analyst expectations.

Halozyme Therapeutics (Nasdaq: HALO) narrowed third quarter losses as revenue tripled to top estimates.


On the downside


UniPixel (Nasdaq: UNXL) widened third quarter losses as expenses soared. 

Geron (Nasdaq: GERN) narrowed third quarter losses but revenue fell short of expectations.

AVG Technologies (NYSE: AVG) reported sharply lower third quarter earnings and forecast current quarter results below expectations.

In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while advancers outpaced decliners by more than 5 to 2 on Nasdaq. The broader S&P 500 climbed 15 points to 1762.

Markets Soar On Upbeat Jobs Data

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The markets opened sharply higher with the Dow climbing 84 points to 15,678 as more jobs were added to the economy than expected. Nasdaq soared 43 points 3900.

On the upside 

Salix Pharmaceuticals (Nasdaq: SLXP) will pay a premium of approximately $2.6 billion in cash to acquire Santarus (Nasdaq: SNTS).

Sequenom (Nasdaq: SQNM) narrowed third quarter losses as revenue surged.

Arena Pharmaceuticals (Nasdaq: ARNA) expanded its Belviq marketing agreement with Eisai.


On the downside


A Food and Drug Administration staff report noted safety concerns of Sanofi's (Nasdaq: GCVRZ) multiple sclerosis treatment Lemtrada. 

Nuverra Environmental Solutions (NYSE: NES) widened losses due to charges.

Tremor Video (NYSE: TRMR) widened third quarter losses prompting downgrades.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE while advancers outpaced decliners by more than 2 to 1 on Nasdaq. The broader S&P 500 gained 11 points to 1758.

The markets tumbled to close sharply lower with the Dow plummeting 152 points to 15,593 as consumer spending expanded at a much slower rate in the third quarter. Nasdaq collapsed 74 points 3857.

On the upside 

NeuroMetrix (Nasdaq: NURO) will present at the Canaccord Genuity Medical Technology & Diagnostics Forum on November 14, 2013.

Monster Worldwide (NYSE: MWW) reversed year ago losses to post a profit for the third quarter.

Merrimack Pharmaceuticals (Nasdaq: MACK) widened third quarter losses more than expected but the company's announcement that Phase 3 trial results for its pancreatic cancer treatment MM-398 will be delayed sparked speculation that survival rates were better than expected.


On the downside


International Game Technology (NYSE: IGT) disappointed with lower fourth quarter earnings that fell far short of analyst expectations. 

Fourth quarter earnings surged for Nationstar Mortgage (NYSE: NSM) but the results missed expectations by a wide margin prompting the company to slash its 2013 and 2014 earnings outlook.

SolarCity (Nasdaq: SCTY) swung to a better than expected profit for the third quarter but the company forecast a greater than expected loss for the fourth quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 plunged 23 points to 1747.

The Dow retreated from yesterday's record close by dropping 64 points to 15,681 during the midday despite Twitter's spectacular debut. Nasdaq tumbled 48 points 3883.

On the upside

Shares of Twitter (NYSE: TWTR) surged on its first trading day.

Tempur Sealy International (NYSE: TPX) reversed year ago losses to post a better than expected profit for the third quarter as revenue more than doubled.

DexCom (Nasdaq: DXCM) narrowed third quarter losses more than expected as revenue doubled.


On the downside


Investors locked in profits on Oxygen Biotherapeutics (Nasdaq: OXBT). 

Wendy's (Nasdaq: WEN) narrowed third quarter losses more than expected but the company warned of lower fourth quarter earnings.

BioScrip (Nasdaq: BIOS) widened third quarter losses more than expected prompting the company to lower its full year revenue guidance.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 fell 11 points to 1758.

First time applications for unemployment benefits fell last week but the markets opened lower with the Dow slipping 8 points to 15,738. Nasdaq dropped 37 points 3894.

On the upside

Geron's (Nasdaq: GERN) myelofibrosis treatment imetelstat successfully treated patients in a Mayo Clinic study.

Celldex Therapeutics (Nasdaq: CLDX) reported positive interim results from a Phase I study of cancer treatment CDX-1127.

HomeAway (Nasdaq: AWAY) reported sharply higher third quarter earnings and revenue that beat analyst expectations.


On the downside


InnerWorkings (Nasdaq: INWK) reported higher third quarter earnings and revenue but the results fell short of expectations prompting the company to lower its full year revenue forecast. 

ION Geophysical (NYSE: IO) fell to a loss for the third quarter due to a drop in revenue and a significant restructuring charge.

Shares of Suntech Power (NYSE: STP) continued falling after the company filed for provisional liquidation yesterday.

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 lost 6 points to 1763.

Record Close For Dow

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The Dow closed at a record high by leaping 128 points to 15,746 on strong corporate earnings. Nasdaq lost 7 points 3931.

On the upside

Oxigene (Nasdaq: OXGN) stock surged on no news.

Shares of Barracuda Networks (NYSE: CUDA) soared in its market debut.

SunEdison (NYSE: SUNE) reported a smaller than expected loss for the third quarter.


On the downside


Vivus (Nasdaq: VVUS) widened third quarter losses more than expected. 

Global Hunter Securities downgraded Halcon Resources (NYSE: HK) from a Neutral rating to a Sell rating.

Penn West Petroleum (NYSE: PWE) reversed year ago losses to post a profit for the third quarter but revenue dropped.

In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 gained 7 points to 1770.

Dow Advances On Strong Earnings

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Strong earnings news continued to boost the Dow during the midday with the blue chip index soaring 104 points to 15,722. Nasdaq lost 8 points 3931.

On the upside

BioTelemetry (Nasdaq: BEAT) narrowed third quarter losses as revenue climbed.

OpenTable (Nasdaq: OPEN) reported higher third quarter earnings that beat analyst expectations as revenue rose.

NQ Mobile (NYSE: NQ) completed the transfer of funds to its Standard Chartered Bank account.


On the downside


Tornier (Nasdaq: TRNX) narrowed third quarter losses as revenue rose but the results fell short of analyst expectations. 

Investors locked in profits on Cytori Therapeutics (Nasdaq: CYTX).

Abercrombie & Fitch (NYSE: ANF) reported a disappointing 14% drop in third quarter same store sales and cut its full year guidance.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 5 points to 1768.

Upbeat Earnings Lift Markets

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Upbeat earnings lifted the markets to a higher open with the Dow climbing 81 points to 15,699. Nasdaq eased a point 3938.

On the upside

Mindspeed Technologies (Nasdaq: MSPD) will be acquired by M/A-Com Technology Solutions Holdings in a deal valued at approximately $272 million.

Blucora (Nasdaq: BCOR) reported a smaller than expected loss for the third quarter as revenue soared and the company forecast fourth quarter revenue ahead of analyst estimates.

Shares of Oxygen Biotherapeutics (Nasdaq: OXBT) continued advancing.


On the downside


Tesla Motors (Nasdaq: TSLA) narrowed third quarter losses but the electric vehicle maker sold fewer cars than expected and forecast fourth quarter Model S sedan sales below analyst estimates. 

Suntech (NYSE: STP) filed for a provisional liquidation in the Cayman Islands.

NPS Pharmaceutical (Nasdaq: NPSP) narrowed third quarter losses as revenue rose but the stock price plunged.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 rose 5 points to 1768.

Mixed Close Over Earnings

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The markets closed mixed with the Dow losing 20 points to 15,618 as investors digested earnings news. Nasdaq added 3 points 3939.

On the upside

Quicksilver Resources (NYSE: KWK) reversed year ago losses to post a profit for the third quarter and the company entered a joint venture with Eni to evaluate, explore and develop assets in Pecos County, Texas.

Third quarter earnings for Vitamin Shoppe (NYSE: VSI) topped analyst estimates.

Pandora Media (NYSE: P) reported a jump in October active listeners to 71 million from 59.2 million last year.


On the downside


A confidentiality breach by ExlService Holdings (Nasdaq: EXLS) employees prompted Travelers to end its contract with ExlService. 

Forest Oil (NYSE: FST) swung to a profit for the third quarter but the results fell short of analyst expectations.

Tenet Healthcare (NYSE: THC) reported lower third quarter earnings and forecast fourth quarter earnings well below analyst estimates.

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 lost 4 points to 1762.

The markets recovered earlier losses to trade mixed during the midday with the Dow slipping 6 points to 15,632 as the nation's services sector expanded more than expected in October. Nasdaq added 4 points 3941.

On the upside

Oxygen Biotherapeutics (Nasdaq: OXBT) was identified as a Barbarian at the Gate stock by Trade-Ideas.

Keryx Biopharmaceuticals (Nasdaq: KERX) reported positive results from midstage clinical trial of its chronic kidney disease treatment Zerenex.

Michael Kors (NYSE: KORS) impressed with sharply higher second quarter earnings and revenue that beat analyst expectations.


On the downside


Dex Media (Nasdaq: DXM) widened third quarter losses. 

Piper Jaffray suspended its rating on NQ Mobile (NYSE: NQ).

Hertz Global (NYSE: HTZ) reported lower third quarter earnings.

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 4 on Nasdaq. The broader S&P 500 slipped 2 points to 1765.

The markets opened sharply lower with the Dow tumbling 94 points to 15,544 ahead of the Institute for Supply Management's services industry report. Nasdaq fell 19 points 3916.

On the upside

Endo Health (Nasdaq: ENDP) will acquire Paladin Labs for approximately $1.5 billion in cash and stock.

GT Advanced Technologies (Nasdaq: GTAT) announced a multiyear agreement to supply Apple (Nasdaq: AAPL) with sapphire material.

Cytori Therapeutics (Nasdaq: CYTX) licensed its Cytori Cell Therapy to Lorem Vascular for up to $531 million.


On the downside


BroadSoft (Nasdaq: BSFT) fell to a greater than expected loss for the third quarter prompting downgrades. 

ImmunoGen (Nasdaq: IMGN) halted a Phase II study of its IMGN901 in treating small cell lung cancer.

Orbitz Worldwide (NYSE: OWW) disappointed with lower third quarter earnings that fell short of expectations.

In the broad market, declining issues outpaced advancers by a margin of 5 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 fell 9 points to 1758.

The markets closed modestly higher with the Dow rising 23 points to 15,639 as September factory orders rose while August orders slipped. Nasdaq climbed 14 points 3936.

On the upside

A Seeking Alpha contributor cited Graftech's (NYSE: GTI) recent upswing as a possible indicator that the steel sector would soon rebound.

Bargain hunters lifted shares of Swift Energy (NYSE: SFY).

Canadian Solar (Nasdaq: CSIQ) reported preliminary third quarter module shipments above previous guidance.


On the downside


A Seeking Alpha contributor recommended that investors avoid OCZ Technology (Nasdaq: OCZ) and that the company would not survive. 

Shares of Body Central (Nasdaq: BODY) extended its losses after reporting disappointing results last week.

NQ Mobile (NYSE: NQ) stock fell again.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 gained 6 points to 1767.

Mixed Markets At Midday

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The markets traded mixed during the midday with the Dow slipping 7 points to 15,607. Nasdaq gained 7 points 3929.

On the upside

SmallCapTraders.com initiated coverage of Oxygen Biotherapeutics (Nasdaq: OXBT) on Friday.

Shunfeng Photovoltaic will pay approximately $492 million to acquire the Wuxi Suntech Power unit from Suntech Power (NYSE: STP).

SolarCity (Nasdaq: SCTY) will offer $54.4 million worth of notes through a private placement.


On the downside


Zogenix (Nasdaq: ZGNX) narrowed third quarter losses but the results fell short of expectations and the pharmaceutical announced plans to sell $60 million worth of common stock. 

Ryanair (Nasdaq: RYAAY) cut its full year earnings guidance.

Shares of Central European Media (Nasdaq: CETV) continued falling after Moody's placed its ratings under review for a possible downgrade last week.

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 rose 2 points to 1764.

The markets opened higher with the Dow rising 15 points to 15,631 ahead of the Commerce Department's factory orders report. Nasdaq gained 7 points 3929.

On the upside

Linn Energy (Nasdaq: LINE) increased its bid to acquire Berry Petroleum (NYSE: BRY) to $4.9 billion including the assumption of debt from $4.3 billion with debt.

First quarter earnings slipped for Extreme Networks (Nasdaq: EXTR) but the results were better than expected.

Goldman Sachs upgraded AK Steel (NYSE: AKS) from a Neutral rating to a Buy rating.


On the downside


BlackBerry (Nasdaq: BBRY) will no longer sell itself and chief executive Thorstein Heins will leave the beleaguered smartphone company. 

Swiss lawmakers may impose higher capital requirements for their banks UBS (Nasdaq: UBS) and Credit Suisse (NYSE: CS) than international standards.

Penn National Gaming (Nasdaq: PENN) closed its debt financings.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 added a point to 1763.

Expansion in the nation's manufacturing activity lifted the markets to a higher close with the Dow gaining 69 points to 15,615. Nasdaq added 2 points 3922.

On the upside

Shares of The Container Store (NYSE: TCS) more than doubled on its first trading day.

ITG Investment Research lifted its third quarter sales outlook for J.C. Penney (NYSE: JCP).

The Government Accountability Office upheld a $3.5 billion Navy contract awarded to Hewlett-Packard (NYSE: HPQ).


On the downside


Muddy Waters expects NQ Mobile (NYSE: NQ) to be delisted within a year. 

Body Central (Nasdaq: BODY) fell to a larger than expected loss for the third quarter as revenue fell and cut its corporate staff by 11%.

Ellie Mae (Nasdaq: ELLI) disappointed with sharply lower third quarter earnings that fell far short of analyst expectations and forecast current quarter earnings below expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 added 5 points to 1761.

Higher Open Ahead Of ISM Report

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The markets opened higher with the Dow gaining 76 points to 15,622 ahead of the release of the Institute for Supply Management's report later this morning. Nasdaq rose 7 points 3927.

On the upside

Third quarter earnings more than doubled for First Solar (Nasdaq: FSLR) to surpass analyst expectations by a wide margin prompting the company to lift its full year earnings guidance.

Trimble Navigation (Nasdaq: TRMB) reported higher third quarter earnings that topped analyst estimates and forecast current quarter results ahead of expectations.

Ariad Pharmaceuticals (Nasdaq: ARIA) adopted a shareholder rights plan.


On the downside


Barrick Gold (NYSE: ABX) will offer 163.5 million common shares to raise approximately $3 billion. 

American International Group (NYSE: AIG) reported higher third quarter earnings but its property casualty unit had a loss.

Third quarter earnings plunged for Bruker (Nasdaq: BRKR) as revenue fell while expenses climbed.

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 6 points to 1762.

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