January 2014 Archives

Emerging market concerns sent the markets plummeting to close sharply lower with the Dow plunging 149 points to 15,698. Nasdaq dropped 19 points to 4103. 

On the upside 

Solazyme (Nasdaq: SZYM) began commercial production of Tailored™ oil products at two Iowa facilities.

Fourth quarter earnings nearly doubled for Wynn Resorts (Nasdaq: WYNN) to surpass analyst expectations by a wide margin.

Boyd Gaming (NYSE: BYD) lowered its fourth quarter earnings outlook but the stock price rose.

On the downside


Concerns that Boehringer Ingelheim was making progress in developing a treatment for idiopathic pulmonary fibrosis to compete with InterMune's (Nasdaq: ITMN) Esbriet weighed down shares of the biotechnology firm tumbling. 

Newmont Mining (NYSE: NEM) reported preliminary fourth quarter gold production results in line with estimates but the company forecast 2014 production levels below analyst expectations.

Grupo Financiero Santander Mexico (NYSE: BSMX) reported higher fourth quarter earnings but the results missed expectations.

In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 dropped 11 points to 1782. Bitcoin slipped $7.60 or 0.81% to $935.39.

Markets Tank As Earnings Disappoint

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The markets sank during the midday with the Dow plunging 117 points to 15,731 as corporate earnings disappointed. Nasdaq fell 21 points to 4101. 

On the upside 

Accuray (Nasdaq: ARAY) narrowed second quarter losses as revenue climbed and raised its full year revenue forecast.

Tyson Foods (NYSE: TSN) reported sharply higher first quarter earnings and revenue that beat analyst expectations.

Chipotle Mexican Grill (NYSE: CMG) reported higher fourth quarter earnings and revenue that surpassed estimates.

On the downside


Fourth quarter earnings surged for Amazon (Nasdaq: AMZN) but the results fell short of analyst expectations. 

DFC Global (Nasdaq: DLLR) disappointed with sharply lower second quarter earnings as revenue fell prompting the financial services company to lower its full year earnings outlook.

Shares of Intrawest Resorts (NYSE: SNOW) fell on its first trading day.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 fell 8 points to 1785. Bitcoin slipped $7.99 or 0.85% to $935.00.

Disappointing earnings along with a drop in January consumer sentiment sent the markets tumbling to a sharply owed open with the Dow plummeting 190 points to 15,658. Nasdaq dropped 33 points to 4089. 

On the upside 

Zynga (Nasdaq: ZNGA) will pay approximately $527 million to acquire NaturalMotion and announced plans to eliminate 314 jobs.

JDSU (Nasdaq: JDSU) reported higher second quarter earnings and revenue that beat analyst expectations and forecast current quarter revenue ahead of estimates.

Fourth quarter earnings fell for Manitowoc (NYSE: MTW) but the results were better than expected.

On the downside


Mattel (Nasdaq: MAT) reported higher fourth quarter earnings but the result fell short of expectations as revenue dropped. 

CytRx (Nasdaq: CYTR) priced its public offering of 11.5 million common shares at the discounted price of $6.50 per share.

Fourth quarter earnings and revenue rose for MasterCard (NYSE: MA) but the results missed analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on the NYSE and by more than 4 to 1 on Nasdaq. The broader S&P 500 dropped 15 points to 1778. Bitcoin gained $18.60 or 2.01% to $924.39.

Higher Close On Upbeat Earnings

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The markets closed sharply higher with the Dow soaring 109 points to 15,848 over strong earnings. Nasdaq surged 71 points to 4123. 

On the upside 

Alexion Pharmaceuticals (Nasdaq: ALXN) fell to a loss for the fourth quarter but the results were better than expected and the company forecast 2014 results ahead of estimates.

Progenics Pharmaceuticals (Nasdaq: PGNX) reported positive results from a Phase 2 study of its PSMA targeted imaging agent 1404.

ServiceNow (NYSE: NOW) widened fourth quarter losses but revenue surged to beat expectations and the company forecast current quarter and full year revenue above analyst estimates.

On the downside


KaloBio (Nasdaq: KBIO) reported disappointing results from a Phase 2 study of its severe asthma treatment KB003. 

The New York Post reported that J.C. Penney (NYSE: JCP) raised prices in order to advertise steep discounts for Valentine's Day shopping.

Whirlpool (NYSE: WHR) reported higher fourth quarter earnings but the results missed expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 climbed 19 points to 1794. Bitcoin gained $36.55 or 3.89% to $940.07.

Markets Soar As Economy Expands

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Upbeat earnings and strong economic growth in the fourth quarter sent the markets soaring during the midday with the Dow surging 144 points to 15,883. Nasdaq leaped 78 points to 4129. 

On the upside 

Geron (Nasdaq: GERN) priced its public offering of 22.5 million common shares at the discounted price of $4.00 per share but the stock price rose.

Infinera (Nasdaq: INFN) narrowed fourth quarter losses more than expected as revenue rose.

Pitney Bowes (NYSE: PBI) reported lower fourth quarter earnings but the results topped analyst estimates.

On the downside


Fourth quarter earnings rose for NeuStar (NYSE: NSR) but the company forecast 2014 earnings that fell short of analyst expectations. 

ITT Educational Services (NYSE: ESI) widened losses for the fourth quarter even as new student enrollment rose.

Weatherford International (NYSE: WFT) warned that fourth quarter and full year earnings would fall short of previous guidance.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 1 on the NYSE and by more than 4 to 1 on Nasdaq. The broader S&P 500 soared 22 points to 1796. Bitcoin added $12.16 or 1.28% to $946.20.

The nation's economy expanded at a 3.2% rate in the fourth quarter to lift the markets to a higher open with the Dow climbing 83 points to 15,822. Nasdaq soared 58 points to 4109. 

On the upside 

Facebook (Nasdaq: FB) impressed with sharply higher fourth quarter earnings that surged eight fold to beat analyst expectations as mobile ad revenue soared.

Dassault Systemes will pay approximately $750 million in cash to purchase Accelrys (Nasdaq: ACCL).

Under Armour (NYSE: UA) reported higher fourth quarter earnings and revenue that beat expectations and lifted its full year outlook.

On the downside


ADT (NYSE: ADT) disappointed with lower first quarter earnings prompting a downgrade. 

Citrix Systems (Nasdaq: CTXS) reported higher fourth quarter earnings and revenue but the company forecast current quarter and full year results below estimates prompting downgrades.

Third quarter earnings rose for Symantec (Nasdaq: SYMC) but the company forecast current quarter results that merely met analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 climbed 14 points to 1789. Bitcoin added $11.85 or 1.25% to $945.89.

The Federal Reserve extended the tapering of bond purchases sending the markets tumbling to a sharply lower close with the Dow collapsing 189 points to 15,738. Nasdaq plunged 46 points to 4051. 

On the upside 

Medivation (Nasdaq: MDVN) reported positive results from a Phase 3 PREVAIL trial of the prostate cancer treatment enzalutamide.

Horizon Pharma (Nasdaq: HZNP) reported preliminary fourth quarter revenue ahead of analyst expectations.

Meritor (NYSE: MTOR) reversed year ago losses to post a better than expected profit for the first quarter.

On the downside


Investors locked in profits on Idenix Pharmaceuticals (Nasdaq: IDIX). 

Shares of North Atlantic Drilling (NYSE: NDL) fell on its first trading day.

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

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 tumbled 18 points to 1774. Bitcoin slipped $30.52 or 3.38% to $903.52.

Emerging Market Concerns Sink Stocks

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Renewed concerns of the Fragile Five emerging markets sent the markets tumbling during the midday with the Dow plunging 144 points to 15,784. Nasdaq fell 28 points to 4069. 

On the upside 

Bargain hunters lifted shares of Plug Power (Nasdaq: PLUG).

Freescale Semiconductor (NYSE: FSL) widened fourth quarter losses but revenue climbed to top analyst estimates and the company forecast current quarter revenue ahead of expectations.

Ezcorp (Nasdaq: EZPW) reported lower first quarter earnings and revenue but the result were better than expected.

On the downside


Two patients died in a Phase 2 clinical trial of Progenics Pharmaceuticals' (Nasdaq: PGNX) prostate cancer treatment PSMA ADC. 

Triumph Group (NYSE: TGI) disappointed with sharply lower third quarter earnings that fell far short of analyst expectations and the company forecast full year results below estimates.

Boeing (NYSE: BA) reported higher fourth quarter earnings and revenue that topped estimates but the company forecast 2014 earnings that missed expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 fell 12 points to 1780. Bitcoin lost $14.13 or 1.51% to $937.67.

Disappointing earnings sent the markets tumbling to a sharply lower open with the Dow plummeting 138 points to 15,789. Nasdaq dropped 33 points to 4064. 

On the upside 

A district court ordered Google (Nasdaq: GOOG) to pay Vringo (Nasdaq: VRNG) a royalty rate of 6.5% for continued patent infringement.

RF Micro Devices (Nasdaq: RFMD) reversed year ago losses to post a profit for the third quarter as revenue rose.

Dow Chemical (NYSE: DOW) swung to a fourth quarter profit that exceeded analyst expectations by a wide margin, raised its quarterly dividend and increased the size of its stock repurchase plan.

On the downside


Yahoo (Nasdaq: YHOO) reported higher fourth quarter earnings but revenue fell. 

Third quarter earnings dropped for Cirrus Logic (Nasdaq: CRUS) as revenue fell and the company forecast current quarter revenue below expectations.

CommVault Systems (Nasdaq: CVLT) reported higher third quarter earnings and revenue but the stock price fell.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 dropped 12 points to 1779. Bitcoin lost $23.67 or 2.55% to $928.13.

Markets Soar On Upbeat Earnings

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Despite disappointing iPhone sales, the markets closed higher with the Dow soaring 90 points to 15,928 on upbeat corporate earnings. Nasdaq rose 14 points to 4087. 

On the upside 

Shares of Lantronix (Nasdaq: LTRX) climbed ahead of its earnings release later this week.

Idenix Pharmaceuticals (Nasdaq: IDIX) will raise approximately $106.7 million through the sale of more than 16.4 million common shares to The Baupost Group.

Kraton Performance Polymers (NYSE: KRA) will merge with the styrenic block copolymer operations of LCY Chemical.

On the downside


A Seeking Alpha article said that LiveDeal (Nasdaq: LIVE) had the potential to drop 50%. 

America First Multifamily Investors (Nasdaq: ATAX) priced its public offering of 8 million limited partnership interests at $5.95 per share.

The Chefs' Warehouse (Nasdaq: CHEF) warned that fiscal 2013 earnings and revenue would fall short of previous guidance.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 10 points to 1792. Bitcoin slipped $3.34 or 0.36% to $928.74.

A stronger than expected gain in consumer confidence lifted the markets during the midday with the Dow climbing 85 points to 15,923. Nasdaq added 3 points to 4087. 

On the upside 

Sanmina (Nasdaq: SANM) reported sharply higher first quarter earnings that beat analyst expectations prompting an upgrade.

First quarter earnings soared for D.R. Horton (NYSE: DHI) to surpass analyst expectations as average home prices rose.

Shares of Millennial Media (NYSE: MM) extended its gains.

On the downside


Seagate Technology (Nasdaq: STX) disappointed with lower second quarter earnings that fell short of analyst expectations and forecast current quarter revenue below estimates. 

Fourth quarter earnings plunged for Rent-A-Center (Nasdaq: RCII) to miss expectations by a wide margin.

Tile Shop Holdings (Nasdaq: TTS) reported preliminary fourth quarter revenue that fell short of expectations.

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 2 on Nasdaq. The broader S&P 500 gained 9 points to 1790. Bitcoin rose $30.92 or 3.21% to $963.01.

Markets Rebound To Open Higher

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The markets rebounded to open higher with the Dow climbing 72 points to 15,910 as emerging markets stabilized. Nasdaq rose 11 points to 4094. 

On the upside 

Cliffs Natural Resources (NYSE: CLF) 5.2% shareholder Casablanca Capital recommended that the company spin off its international assets, double its annual dividend, convert is domestic assets to an MLP and cut costs.

AK Steel Holding (NYSE: AKS) swung to a better than expected profit for the fourth quarter as revenue rose.

BG Medicine (Nasdaq: BGMD) reported that a clinical research study validated the performance of automated VIDAS® Galectin-3 assay.

On the downside


Apple (Nasdaq: AAPL) reported higher first quarter earnings and revenue but iPhone sales disappointed and the company forecast current quarter revenue that fell short of expectations. 

Corning (NYSE: GLW) reported sharply higher fourth quarter earnings that topped analyst estimates but the specialty glass maker warned of falling LCD glass prices.

VimpelCom (Nasdaq: VIP) will reduce debt by slashing its dividend.

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 gained 9 points to 1790. Bitcoin rose $24.31 or 2.54% to $956.39.

Continued losses in emerging markets sent the domestic markets down to a lower close with the Dow falling 41 points to 15,837. Nasdaq dropped 44 points to 4083. 

On the upside 

Motley Fool noted that Real Goods Solar (Nasdaq: RSOL) has the potential to soar.

TheStreet affirmed its Buy recommendation for Himax Technologies (Nasdaq: HIMX).

Herbalife's (NYSE: HLF) fourth largest shareholder hired analyst Tim Ramey, a strong supporter of the weight management and nutritional supplement company.

On the downside


An article from TheStreet said that rumors of a possible acquisition of Ariad Pharmaceuticals (Nasdaq: ARIA) were false. 

Investors locked in profits on BioCryst Pharmaceuticals (Nasdaq: BCRX).

ThermoGenesis (Nasdaq: KOOL) announced a private placement of 3.33 million common shares at the discounted price of $2.00 per share.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 lost 8 points to 1781. Bitcoin added $3.90 or 0.40% to $969.00.

Drop In Home Sales Weigh Down Markets

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A drop in December new home sales weighed the markets down during the midday with the Dow losing 27 points to 15,851. Nasdaq tumbled 48 points to 4079. 

On the upside 

Oramed Pharmaceuticals (Nasdaq: ORMP) will announce results from a Phase 2a clinical trial of its type 2 diabetes oral insulin treatment ORMD-0801 at the Tel Aviv Stock Exchange on January 30, 2014.

Sprint (NYSE: S) partnered with Pogoplug to offer unlimited cloud storage to its smartphone customers.

Rayonier (NYSE: RYN) reported higher fourth quarter earnings and announced plans to separate into two independent, publicly traded companies.

On the downside


A Plug Power (Nasdaq: PLUG) director sold shares of company stock last week. 

Regis (NYSE: RGS) widened second quarter losses more than expected as revenue dropped.

Nam Tai Electronics (NYSE: NTE) reported sharply lower preliminary fourth quarter earnings and revenue.

In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 fell 9 points to 1781. Bitcoin slipped $5.09 or 0.53% to $960.01.

Mixed Open As New Home Sales Fall

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The market opened mixed with the Dow adding 2 points to 15,881 as new home sales fell. Nasdaq dropped 40 points to 4087. 

On the upside 

Caterpillar (NYSE: CAT) reported higher fourth quarter earnings that surpassed analyst expectations and forecast full year results ahead of estimates.

Millennial Media (NYSE: MM) reported preliminary fourth quarter results that exceeded previous guidance by a wide margin.

Shanda Games (Nasdaq: GAME) received an offer from Shanda Interactive Entertainment to take the company private for approximately $1.9 billion.

On the downside


Investors locked in profits on Cell Therapeutics (Nasdaq: CTIC). 

Profit taking weighed down shares of Geron (Nasdaq: GERN).

Shares of Galena Biopharma (Nasdaq: GALE) extended its losses.

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by a margin of 3 to 2 on Nasdaq. The broader S&P 500 lost 5 points to 1784. Bitcoin held steady at $965.10.

Weak manufacturing activity in China continued to roil the markets with the Dow collapsing 318 points to 15,879. Nasdaq sank 90 points to 4128. 

On the upside 

LiveDeal (Nasdaq: LIVE) will commence a three-for-one forward stock split after market close on February 11, 2014 for shareholders of record February 3, 2014.

Open Text (Nasdaq: OTEX) reported higher second quarter earnings that topped analyst estimates and announced a two-for-one stock split.

Shares of Rice Energy (NYSE: RICE) rose on its first trading day.

On the downside


ShoreTel (Nasdaq: SHOR) narrowed losses for the second quarter but the stock price dropped. 

A drop in dry bulk shipping rates weighed down shares of DryShips (NYSE: DRYS).

NQ Mobile (NYSE: NQ) subsidiary FL Mobile entered a strategic partnership with Ubisoft but the stock price fell.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 1 on the NYSE and by a margin of 6 to 1 on Nasdaq. The broader S&P 500 plummeted 38 points to 1790. Bitcoin slipped $23.70 or 2.57% to $921.07.

Markets Extend Losses At Midday

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The markets continued falling during the midday with the Dow plunging 178 points to 16,018 over global economic concerns. Nasdaq plummeted 63 points to 4155. 

On the upside 

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

Second quarter earnings fell for Procter & Gamble (NYSE: PG) but the results were better than expected.

Shares of Care.com (NYSE: CRCM) soar in its market debut.

On the downside


First Niagara Financial Group (Nasdaq: FNFG) reported higher fourth quarter earnings but the company forecast 2014 earnings that fell short of expectations. 

Wells Fargo downgraded Walter Energy (NYSE: WLT) from an Outperform rating to a Market Perform rating.

China's announcement that it would install 10GW of solar power in 2014, less than the expected 12GW, weighed down shares of JinkoSolar Holding (NYSE: JKS), Renesola (NYSE: SOL) and Yingli Green Energy (NYSE: YGE).

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 1 on the NYSE and by a margin of more than 6 to 1 on Nasdaq. The broader S&P 500 dropped 21 points to 1807. Bitcoin slipped $23.77 or 2.58% to $921.00.

Global markets fell amidst concerns of a manufacturing slowdown in China. U.S. markets extended losses with the Dow plummeting 116 points to 16,080. Nasdaq dropped 35 points to 4183. 

On the upside 

BioDelivery Sciences (Nasdaq: BDSI) reported positive results from a Phase III clinical trial of its chronic pain treatment BEMA buprenorphine.

Microsoft (Nasdaq: MSFT) reported higher second quarter earnings and revenue that beat analyst expectations.

Juniper Networks (NYSE: JNPR) reported sharply higher fourth quarter earnings that surpassed analyst expectations as revenue climbed.

On the downside


Atossa Genetics (Nasdaq: ATOS) priced its public offering of 5.8 million units at the discounted price of $2.40 per unit. 

Kansas City Southern (NYSE: KSU) reported higher fourth quarter earnings but the results fell short of analyst expectations.

First quarter earnings rose for International Game Technology (NYSE: IGT) but the results misses estimates.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 1 on the NYSE and by a margin of more than 4 to 1 on Nasdaq. The broader S&P 500 fell 13 points to 1814. Bitcoin lost $31.68 or 3.47% to $913.09.

Existing home sales rose less than expected in December to send the markets tumbling to a sharply lower close with the Dow plummeting 175 points to 16,197. Nasdaq fell 24 points to 4218. 

On the upside 

Sterne Agee upgraded Agnico Eagle Mines (NYSE: AEM) from a Neutral rating to a Buy rating.

Cobalt International Energy (NYSE: CIE) successfully drilled a well in the Syn-rift interval in the Bicular #1A Pre-salt offshore Angola.

Union Pacific (NYSE: UNP) reported higher fourth quarter earnings and revenue that beat analyst expectations.

On the downside


Investors locked in profits on Luna Innovations (Nasdaq: LUNA). 

Zhone Technologies (Nasdaq: ZHNE) reported higher fourth quarter earnings and revenue but full year results fell short of expectations.

Hill-Rom Holdings (NYSE: HRC) reported sharply lower first quarter earnings that missed analyst expectations by a wide margin prompting the company to cut its full year guidance.

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by a margin of nearly 7 to 3 on Nasdaq. The broader S&P 500 dropped 16 points to 1828. Bitcoin added $8.77 or 0.93% to $944.77.

Disappointing corporate earnings along with a slowdown in manufacturing activity in China sent the markets tumbling during the midday with the Dow plunging 178 points to 16,194. Nasdaq dropped 39 points to 4203. 

On the upside 

Logitech International (Nasdaq: LOGI) reversed year ago losses to post a stronger than expected profit for the third quarter prompting the company to lift its full year forecast.

The Daily Mail reported that several pharmaceuticals were interested in possibly acquiring Ariad Pharmaceuticals (Nasdaq: ARIA).

Shares of Santander Consumer (NYSE: SC) climbed on its first trading day.

On the downside


Massachusetts Senator Edward Markey asked the Securities and Exchange Commission and the Federal Trade Commission to investigate Herbalife (NYSE: HLF) for operating a pyramid scheme. 

American Eagle Outfitters (NYSE: AEO) chief executive Robert Hanson unexpectedly left the teen apparel retailer prompting a downgrade.

Noble (NYSE: NE) reported higher fourth quarter earnings but the offshore drilling contractor warned of lower rig utilization for the first half of 2014.

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by a margin of more than 5 to 2 on Nasdaq. The broader S&P 500 tumbled 18 points to 1826. Bitcoin added $11 or 1.16% to $947.00.

The markets opened sharply lower with the Dow plummeting 163 points to 16,210 as January manufacturing activity contracted in China. Nasdaq plunged 40 points to 4202. 

On the upside 

Fourth quarter earnings surged sixfold for Netflix (Nasdaq: NFLX) to surpass analyst expectations by a wide margin as 2.3 million U.S. subscribers joined the Internet video service.

F5 Networks (Nasdaq: FFIV) reported a small drop in first quarter earnings but revenue rose and the results topped analyst estimates.

Fusion-io (NYSE: FIO) fell to a loss for the second quarter as revenue dropped but the results were better than expected.

On the downside


Biomedical Advanced Research and Development Authority terminated negotiations  with Cleveland BioLabs (Nasdaq: CBLI) to further develop Entolimod. 

Capital One downgraded Hercules Offshore (Nasdaq: HERO) from an Overweight rating to an Equal Weight rating.

Nokia (NYSE: NOK) disappointed with a larger than expected loss for the fourth quarter as smartphone sales plummeted.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by a margin of 7 to 2 on Nasdaq. The broader S&P 500 dropped 17 points to 1826. Bitcoin held steady at $936.00.

The markets closed mixed with the Dow losing 41 points to 16,373 as investors mulled over mixed earnings reports. Nasdaq climbed 17 points to 4243. 

On the upside 

A district judge ruled that Google's modified AdWords product still infringed on patents owned by Vringo (Nasdaq: VRNG).

A Seeking Alpha contributor wrote that Best Buy's (NYSE: BBY) recent price drop created buying opportunity.

TE Connectivity (NYSE: TEL) reported sharply higher first quarter earnings that surpassed analyst expectations as revenue rose .

On the downside


Fourth quarter earnings soared for Allegheny Technologies (NYSE: ATI) but revenue dropped to miss expectations by a wide margin. 

Just Energy Group (NYSE: JE) will offer $150 million in convertible bonds.

Shares of PetMed Express (Nasdaq: PETS) continued falling.

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 7 to 5 on Nasdaq. The broader S&P 500 added a point to 1844. Bitcoin held steady at $936.00.

Earnings Weigh On Investors

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Earnings news continued to weigh on investors. The markets traded mixed during the midday with the Dow falling 36 points to 16,378. Nasdaq gained 16 points to 4242. 

On the upside 

Luna Innovations (Nasdaq: LUNA) sold its shape-sensing technology for medical applications to Intuitive Surgical for up to $30 million.

Litespeed Management acquired an 8.1% stake in RadioShack (NYSE: RSH).

Super Micro Computer (Nasdaq: SMCI) reported sharply higher second quarter earnings that more than doubled to surpass analyst expectations.

On the downside


Iamgold (NYSE: IAG) disappointed with 2013 gold production that fell short of its forecast range. 

Keryx Biopharmaceuticals (NYSE: KERX) will offer $90 million worth of common stock.

IBM (NYSE: IBM) reported higher fourth quarter earnings but revenue slipped to fall short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 edged up a fraction to 1844. Bitcoin eased $28.47 or 3.04% to $936.00.

It was a mixed open for the markets with the Dow losing 29 points to 16,384 while Nasdaq added 7 points to 4233 as investors digested corporate earnings reports. 

On the upside 

Shares of ThermoGenesis (Nasdaq: KOOL) continued rising.

Nuance Communications (Nasdaq: NUAN) lifted its first quarter earnings and revenue outlook.

VisionChina Media (Nasdaq: VISN) entered an agreement to be the exclusive digital mobile television advertising partner for Baidu (Nasdaq: BIDU).

On the downside


Advanced Micro Devices (NYSE: AMD) swung to a profit for the fourth quarter but the company forecast current quarter revenue below analyst expectations. 

Coach (NYSE: COH) disappointed with lower fourth quarter earnings and  revenue that fell short of analyst expectations.

Penn West Petroleum (NYSE: PWE) forecast lower production volume for 2014.

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 edged up a fraction to 1844. Bitcoin eased $33.00 or 3.53% to $936.00.

Mixed Close Over Earnings

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The markets closed mixed with the Dow losing 44 points to 16,414 as investors monitored earnings news. Nasdaq climbed 28 points to 4225. 

On the upside 

Shares of Geron (Nasdaq: GERN) continued rising after a Seeking Alpha contributor wrote on Friday that Geron was undervalued.

Market Realist expects crude oil tankers to recover sending shares of Nordic American Tankers (NYSE: NAT) and Teekay Tankers (NYSE: TNK) higher.

Ironwood Pharmaceuticals (Nasdaq: IRWD) widened fourth quarter losses but the results were better than expected.

On the downside


LKQ (Nasdaq: LKQ) confirmed that Chrysler filed a patent infringement claim against the company and asserted that the suit was without merit. 

Credit Suisse downgraded 3D Systems (NYSE: DDD) from an Outperform rating to a Neutral rating.

ZipRealty (Nasdaq: ZIPR) warned on Friday after market close that fourth quarter and full year revenue would fall short of expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 gained 5 points to 1843. Bitcoin eased $1.00 or 0.10% to $968.00.

Mixed Markets Over Earnings

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The markets traded mixed during the midday with the Dow falling 42 points to 16,415 over earnings news. Nasdaq gained 22 points to 4219. 

On the upside 

ThermoGenesis (Nasdaq: KOOL) and TotipotentRX reported positive results from a Phase Ib clinical trial for its critical limb ischemia treatment CLIRST.

TheStreet identified Cell Therapeutics (Nasdaq: CTIC) as one of the best performing biotechnology stocks of the year.

Raymond James upgraded Inteliquent (Nasdaq: IQNT) from a Market Perform rating to an Outperform rating.

On the downside


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

Telstra will deploy the Infinera Intelligent Transport Network (Nasdaq: INFN) across multiple ultra-long haul submarine cable routes in Asia Pacific but the stock price fell.

Shares of Cliffs Natural Resources (Nasdaq: CLF) and Vale (NYSE: VALE) fell after Goldman Sachs forecast lower copper and iron ore prices.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 added 4 points to 1843. Bitcoin edged up $5.24 or 0.55% to $959.69.

Mixed Open Over Earnings

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The markets opened mixed with the Dow losing 33 points to 16,425 while Nasdaq rose 17 points to 4214 as investors digested earnings news. 

On the upside 

Shares of BlackBerry (Nasdaq: BBRY) continued rising after Citron Group said that the stock was undervalued on Friday.

Third Point Management invested $1.3 billion in Dow Chemical (NYSE: DOW).

J.P. Morgan analyst Michael Gambardella upgraded Alcoa (NYSE: AA) from a Neutral rating to an Overweight rating.

On the downside


The Food and Drug Administration will not reinstate the ANCHOR SPA agreement for Amarin (Nasdaq: AMRN). 

Teva Pharmaceuticals will pay $3.65 per share in cash to acquire NuPathe (Nasdaq: PATH).

SearchEngineLand reported that Expedia (Nasdaq: EXPE) lost approximately 25% of its search visibility on Google (Nasdaq: GOOG).

In the broad market, advancing issues outpaced decliners by a margin of 7 to 2 on the NYSE and by 5 to 2 on Nasdaq. The broader S&P 500 rose 6 points to 1844. Bitcoin added $10.54 or 1.09% to $964.99.

U. S Markets Closed

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U. S. markets are closed for Martin Luther King Jr. Day.

Mixed Close Over Economic Data

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The markets closed mixed with the Dow rising 41 points to 16,458 as investors weighed a drop in new home construction against an increase in factory output. Nasdaq fell 21 points to 4197. 

On the upside 

Rising gold prices lifted shares of AuRico Gold (NYSE: AUQ), AngloGold Ashanti (NYSE: AU), Eldorado Gold (NYSE: EGO) and Kinross Gold (NYSE: KGC).

Kingtone Wirelessinfo Solution (Nasdaq: KONE) narrowed losses for fiscal 2013 as revenue surged 696.8%.

ArQule (Nasdaq: SWKS) said that a study of its liver cancer treatment tivantinib could continue with a lower dosage of the drug.

On the downside


Elizabeth Arden (Nasdaq: RDEN) reported preliminary second quarter earnings and revenue that fell far short of analyst expectations. 

Shares of Enterprise GP Holdings (NYSE: EPE) tumbled on its first trading day.

Citigroup analyst Brian Yu does not expect steel demand to increase enough to lift AK Steel (Nasdaq: AKS).

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on both the NYSE and on Nasdaq. The broader S&P 500 lost 7 points to 1838. Bitcoin fell $41.32 or 4.74% to $871.70.

The markets advanced during the midday with the Dow gaining 60 points to 16,477 as factory output climbed in December. Nasdaq slipped 2 points to 4216. 

On the upside 

The Japanese Ministry of Health, Labour and Welfare granted marketing approval of ferric citrate to Keryx Biopharmaceuticals' (Nasdaq: KERX) partner Japan Tobacco.

Illumina (Nasdaq: ILMN) presented a strategic roadmap to expand into new markets.

Skyworks Solutions (Nasdaq: SWKS) reported higher first quarter earnings that topped analyst estimates and forecast current quarter results ahead of expectations.

On the downside


Sallie Mae (Nasdaq: SLM) disappointed with lower fourth quarter earnings that fell short of analyst expectations. 

Goldman Sachs and UBS both downgraded Best Buy (NYSE: BBY) from a Buy rating to a Neutral rating

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

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE and by a nearly 10 to 9 on Nasdaq. The broader S&P 500 held steady at 1845. Bitcoin lost $24.02 or 2.63% to $889.00.

The markets opened mixed with the Dow adding 11 points to 16,428 while Nasdaq slipped 10 points to 4208 as new home construction slipped in December. 

On the upside 

CRT Capital initiated coverage of Electronic Arts (Nasdaq: EA) with a Buy rating.

NII Holdings (Nasdaq: NIHD) will begin offering the Apple (Nasdaq: AAPL) iPhone 5s and iPhone 5c to Nextel Brazil customer on January 31, 2014.

Stifel Nicolaus initiated coverage of Twitter (NYSE: TWTR) with a Buy rating and set a price target of $75.

On the downside


FuelCell Energy (Nasdaq: FCEL) priced its public offering of 22 million common shares at the discounted price of $1.25 per share. 

Intel (NYSE: INTC) reported higher fourth quarter earnings but the results fell short of analyst expectations and the chipmaker forecast flat revenue for 2014.

Silver Spring Networks (NYSE: SSNI) reported preliminary fourth quarter and full year results that fell far short of analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and by a nearly 5 to 4 on Nasdaq. The broader S&P 500 lost 4 points to 1841. Bitcoin lost $19.02 or 2.08% to $894.00.

Lower Close As Earnings Disappoint

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Disappointment over corporate earnings weighed the markets down to a lower close with the Dow dropping 64 points to 16,417. Nasdaq added 3 points to 4218. 

On the upside 

Prosena Holding (Nasdaq: RNA) reported encouraging initial findings from the clinical development program of drisapersen to treat Duchenne Muscular Dystrophy.

Questcor Pharmaceuticals (Nasdaq: QCOR) reported encouraging prescription trends for Acthar.

A Seeking Alpha contributor highlighted recent positive business developments for Galena Biopharma (Nasdaq: GALE).

On the downside


Shares of American Capital Senior Floating (Nasdaq: ACSF) tumbled in its market debut. 

An investigation by Chinese authorities into pyramid scheme allegations against Nu Skin Enterprises (NYSE: NUS) weighed down shares of rival Herbalife (NYSE: HLF).

Credit Suisse analyst Edward Kelly downgraded Kroger (NYSE: KR) from an Outperform rating to a Neutral rating and cut his price target from $48 to $39.

In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 3 on the NYSE and by a nearly 9 to 7 on Nasdaq. The broader S&P 500 slipped 2 points to 1845. Bitcoin lost $10.27 or 1.11% to $928.92.

The markets extended its losses during the midday with the Dow dropping 79 points to 16,402 over disappointing earnings. Nasdaq slipped 2 points to 4212. 

On the upside 

YRC Worldwide (Nasdaq: YRCW) resumed discussions with its Teamsters union on a revised labor contract.

Deutsche Bank initiated coverage of Solar City (Nasdaq: SCTY) with a Buy rating and a $90 price target.

Shares of Nordic American Tankers (NYSE: NAT) continued rising after announcing yesterday that it took delivery of six Platform Supply Vessels.

On the downside


Sterne Agee lowered its fourth quarter and first quarter revenue and earnings estimates for Zynga (Nasdaq: ZNGA). 

CSX (NYSE: CSX) reported lower fourth quarter earnings that missed analyst expectations due to weak coal demand.

Citigroup (NYSE: C) reported higher fourth quarter earnings but the results fell far short of analyst expectations.

In the broad market, declining issues outpaced advancers by a slim margin on the NYSE and by a margin of nearly 5 to 4 on Nasdaq. The broader S&P 500 lost 4 points to 1843. Bitcoin slipped $18.19 or 1.97% to $921.00.

Disappointing retail news weighed the markets down to a lower open with the Dow falling 50 points to 16,431. Nasdaq edged up a point to 4215. 

On the upside 

Plug Power (Nasdaq: PLUG) closed a registered offering of $30 million and will host a January business update conference call today.

Sarepta Therapeutics (Nasdaq: SRPT) reported positive results through 120 weeks of a Phase IIb study of eteplirsen in patients with Duchenne muscular dystrophy.

Apollo Global Management will acquire Chuck E. Cheese parent CEC Entertainment (NYSE: CEC) in a deal valued at approximately $1.3 billion including the assumption of debt.


On the downside


Best Buy (NYSE: BBY) reported lower holiday sales due to strong competitive discounting and warned of a greater than expected drop in operating margins. 

Chinese authorities will investigate skin care claims made by Nu Skin Enterprises (NYSE: NUS).

J.C. Penney (NYSE: JCP) will close 33 stores and eliminate 2,000 jobs.

In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 lost 3 points to 1844. Bitcoin lost $34.50 or 3.67% to $904.69.

Sharply Higher Close On Upbeat Data

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A better than expected gain in producer prices sent the markets soaring to a sharply higher close with the Dow surging 108 points to 16,481. Nasdaq climbed 31 points to 4214. 

On the upside 

Shares of Thompson Creek Metals (NYSE: TC) continued climbing.

Globus Medical (NYSE: GMED) expects higher fourth quarter revenue and reported higher preliminary full year revenue above previous guidance.

Datalink (Nasdaq: DTLK) lifted its fourth quarter earnings and revenue forecast.


On the downside


New trading rules in the European Union weighed down shares of IntercontinentalExchange Group (NYSE: ICE). 

Kosmos Energy (NYSE: KOS) revised downward its production forecast for 2014.

CytRx (Nasdaq: CYTR) extended its losses.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 gained 9 points to 1848. Bitcoin rose $19.79 or 2.09% to $944.79.

The markets extended its gains during the midday with the Dow soaring 102 points to 16,476 as the financial sector reported strong earnings. Nasdaq climbed 24 points to 4207. 

On the upside 

Bargain hunters lifted shares of Amarin (Nasdaq: AMRN).

An increase in dry bulk shipping rates lifted shares of FreeSeas (Nasdaq: FREE) and Genco Shipping (NYSE: GNK).

DragonWave (Nasdaq: DRWI) signed a sales agreement with Xi'an Potevio Communications to sell DragonWave solutions in China.


On the downside


Prescience Point Research said that LKQ (Nasdaq: FAST) overstated its revenue growth. 

Suhail Capital recommended shorting Veeva Systems (NYSE: VEEV) citing a recent contract loss.

Canaccord Genuity downgraded ExOne (Nasdaq: XONE) from a Buy rating to a Hold rating and cut its price target from $75 to $55.

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 7 points to 1846. Bitcoin gained $22.00 or 2.38% to $947.00.

Higher Open On Upbeat Earnings

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Upbeat earnings lifted the markets to a sharply higher open with the Dow climbing 96 points to 16,470. Nasdaq gained 26 points to 4208. 

On the upside 

A Food and Drug Administration advisory panel recommended approval of Chelsea Therapeutics' (Nasdaq: CHTP) symptomatic neurogenic orthostatic hypotension treatment Northera.

NQ Mobile (NYSE: NQ) will power all new Sprint (NYSE: S) Android smartphones.

Seeking Alpha noted that three Vical (Nasdaq: VICL) insiders including chief executive Vijay B. Samant bought company stock last Friday.


On the downside


Fastenal (Nasdaq: FAST) reported higher fourth quarter earnings but the results missed analyst expectations. 

The Russian government may ban cross border payments using anonymous electronic wallets sending shares of payment services provider Qiwi (Nasdaq: QIWI) tumbling.

Bloomberg reported that Nu Skin Enterprises (NYSE: NUS) said that there were inaccuracies in a People's Daily report.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 gained 8 points to 1847. Bitcoin rose $20.00 or 2.16% to $945.00.

Sales Rise, Markets Soar

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December retail sales edged up 0.2% while holiday sales climbed 3.8% to send the markets soaring to a sharply higher close with the Dow surging 115 points to 16,373. Nasdaq jumped 69 points to 4183. 

On the upside 

Dana Holding (NYSE: DAN) reported preliminary 2013 revenue above analyst expectations.

Bloomberg reported that Teva (NYSE: TEVA) did not infringe on six patents held by Purdue regarding Oxycontin.

Goldman Sachs upgraded Jabil Circuit (NYSE: JBL) from a Neutral rating to a Conviction Buy rating.


On the downside


Investors locked in profits on NII Holdings (Nasdaq: NIHD). 

Aviat Networks (Nasdaq: AVNW) cut its second quarter revenue guidance and announced plans to lower expenses.

Silicon Graphics (Nasdaq: SGI) warned of losses for the second quarter as revenue dropped.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 3 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 soared 19 points to 1838. Bitcoin slipped $9.70 or 1.05% to $924.00.

Strong Holiday Sales Boost Markets

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A strong 3.8% increase in holiday sales boosted the markets during the midday with the Dow gaining 80 points to 16,338. Nasdaq climbed 59 points to 4173. 

On the upside 

Bank of America upgraded Thompson Creek Metals (NYSE: TC) from a Neutral rating to a Buy rating and lifted its price target from $3 to $7.

Tesla (Nasdaq: TSLA) sold and delivered more Model S sedans in the fourth quarter than expected.

Nomura Securities said that Canadian Solar (Nasdaq: CSIQ) was an unappreciated gem.


On the downside


Shares of Intercept Pharmaceuticals (Nasdaq: ICPT) extended its losses. 

RAIT Financial Trust (NYSE: RAS) priced its public offering of 10 million common shred at the discounted price of $8.52 per share.

RBC Capital Markets initiated coverage of 3E Systems (NYSE: DDD) with an Outperform rating and a $118 price target but earnings concerns weighed down the stock price.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 climbed 15 points to 1834. Bitcoin slipped $11.70 or 1.27% to $922.00.

December Retail Sales Lift Markets

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A better than expected increase in December retail sales lifted the markets to a higher open with the Dow rising 42 points to 16,300. Nasdaq gained 30 points to 4143. 

On the upside 

Quantum (NYSE: QTM) reported preliminary third quarter earnings and revenue that exceeded previous guidance prompting an upgrade.

Ocean Power Technologies (Nasdaq: OPTT) signed a funding agreement to use a A$66.5 million grant from the Australian government to build and deploy a 62.5MW power station off the coast of Portland, Victoria.

MediciNova (Nasdaq: MNOV) reported positive results for its MN-001 in treating the mouse model of nonalcoholic steatohepatitis.


On the downside


GameStop (NYSE: GME) forecast fourth quarter and full year earnings below analyst expectations. 

AmeriGas Partners (NYSE: APU) shareholder Heritage ETC priced its public offering of 8 million AmeriGas common units at the discounted price of $42.73 per unit.

Stratasys (Nasdaq: SSYS) forecast full year earnings that fell short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 gained 7 points to 1826. Bitcoin slipped $10.50 or 1.14% to $923.21.

The markets plunged to close sharply lower with the Dow collapsing 179 points to 16,257 ahead of corporate earnings reports later this week. Nasdaq plummeted 61 point to 4113. 

On the upside 

Galena Biopharma (Nasdaq: GALE) acquired Mills Pharmaceuticals.

A bankruptcy judge ruled that EnPro Industries (NYSE: NPO) does not have to set aside additional funds to cover mesothelioma claims prompting an analyst upgrade.

Canaccord upgraded Iamgold (NYSE: IAG) from a Hold rating to a Buy rating.


On the downside


J.P. Morgan downgraded Ply Gem Holdings (NYSE: PGEM) from an Overweight rating to an Underweight rating. 

Conatus Pharmaceuticals (Nasdaq: CNAT) will conduct a Phase 2b clinical trial of its emricasan in Post Orthotopic Liver Transplant recipients in the second half of 2014.

The Bon-Ton Stores (Nasdaq: BONT) blamed disappointing December sales for lowering its full year guidance.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 plunged 23 points to 1819. Bitcoin lost $39 or 4.20% to $927.99.

Earnings Concerns Sink Stocks

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The markets plunged during the midday with the Dow plummeting 102 points to 16,334 over increasing concerns that earnings will disappoint. Nasdaq tumbled 31 point to 4142. 

On the upside 

A Food and Drug Administration advisory panel recommended approval of Merck's (NYSE: MRK) blood clot prevention medication vorapaxar. Merck also filed an application to market its advanced melanoma treatment MK-3475.

Rosetta Genomics (Nasdaq: ROSG) signed a master service provider agreement with a global biopharmaceutical.

Genzyme will invest $700 million in Alnylam Pharmaceuticals (Nasdaq: ALNY) to expand their partnership to develop and commercialize treatments for rare genetic diseases.


On the downside


Motley Fool criticized the press release issued by J.C. Penney (NYSE: JCP) last week as too vague about the struggling retailer's holiday performance. 

Intercept Pharmaceuticals (Nasdaq: ICPT) released additional data from its FLINT clinical trial that revealed lipid abnormalities in OCA-treated patients.

Geron (Nasdaq: GERN) will present financial information at the J.P. Morgan Healthcare Conference in San Franciscco on January 15, 2014.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 tumbled 12 points to 1829. Bitcoin held steady at $966.99.

Flat Open Ahead Of Earnings

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The markets opened flat with the Dow adding 3 points to 16,440 ahead of earnings news. Nasdaq edged up a point to 4176. 

On the upside 

Suntory Holdings will acquire Beam (NYSE: BEAM) in a deal valued at approximately $16.

Juniper Networks (NYSE: JNPR) shareholder Elliott Management announced a value plan for the network equipment maker.

NII Holdings (Nasdaq: NIHD) and Telefonica (NYSE: TEF) will provide voice and data coverage to Nextel customers in Brazil and Mexico.


On the downside


Lululemon Athletica (Nasdaq: LULU) cut its earnings and revenue guidance for the fourth quarter. 

SodaStream International (Nasdaq: SODA) blamed a challenging holiday season for lowering its full year outlook.

Shares of GSE Holding (NYSE: GSE) continued falling after being notified last week by the New York Stock Exchange that the company's market capitalization fell below $50 million listing standard.

In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 1842. Bitcoin held steady at $966.99.

The markets closed mixed with the Dow slipping 7 points to 16,437 as disappointing jobs data sparked speculation that the Federal Reserve may alter its tapering program. Nasdaq rose 18 points to 4174. 

On the upside 

Ballard Power Systems (Nasdaq: BLDP) sold 400 kilowatts of FCgen01300 fuel cell stack product to M-Field Energy.

TheStreet named China Jo-Jo Drugstores (Nasdaq: CJJD) as one of five stocks trading under $10 that was poised to soar.

H.I.G. Capital will acquire American Pacific (Nasdaq: APFC) in an all cash deal valued at approximately $392 million.


On the downside


A federal court said that Bazaarvoice's (Nasdaq: BV) acquisition of competitor PowerReviews was anticompetitive and blocked the purchase. 

Aegerion Pharmaceuticals (Nasdaq: AEGR) reported preliminary unaudited 2013 revenue below analyst expectations and announced that the Justice Department subpoenaed documents related to the marketing and sale of its cholesterol disorder drug Juxtapid.

Deutsche Bank downgraded Ambarella (Nasdaq: AMBA) from a Buy rating to a Hold rating.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 2 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 rose 4 points to 1842. Bitcoin rose $10.37 or 1.10% to $945.49.

The markets extended its losses during the midday with the Dow falling 58 points to 16,386 as December hiring tumbled. Nasdaq lost 6 points to 4149. 

On the upside 

Francesca's Holdings (Nasdaq: FRAN) narrowed its fourth quarter outlook to the high end of its previous guidance.

Immunomedics (Nasdaq: IMMU) initiated a Phase III clinical trial of its pancreatic cancer treatment clivatuzumab tetraxetan.

Abercrombie & Fitch (NYSE: ANF) lifted its full year earnings outlook due to better than expected sales.


On the downside


YRC Worldwide's (Nasdaq: YRCW) Teamsters union voted against a contract extension that was necessary for the transportation services company to refinance its debt and avoid bankruptcy. 

Natural Resources Partners (NYSE: NRP) affirmed its previous 2013 full year forecast which fell far short of analyst expectations and forecast 2014 results below estimates.

Pacific Sunwear (Nasdaq: PSUN) forecast a greater than expected loss for the fourth quarter on lower revenue.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE while decliners edged out advancers by nearly 7 to 5 on Nasdaq. The broader S&P 500 lost 5 points to 1832. Bitcoin slipped $22.02 or 2.41% to $913.10.

A disappointingly weak gain in December jobs weighed the markets down to a lower open with the Dow losing 18 points to 16,425. Nasdaq added a point to 4157. 

On the upside 

Shares of Conatus Pharmaceuticals (Nasdaq: CNAT) surged on rival Intercept Pharmaceuticals' (Nasdaq: ICPT) upbeat liver fibrosis treatment trial results. Conatus is developing a similar type of drug.

Plug Power (Nasdaq: PLUG) will raise $30 million through the placement of common stock and warrants with a single institutional investor.

Galectin Therapeutics (Nasdaq: GALT) has raised more than $23.8 million through a recent stock sale and has approximately $32.3 million in cash.


On the downside


Reviewers for the Food and Drug Administration found no evidence that Chelsea Therapeutics' (Nasdaq: CHTP) rare low blood pressure treatment droxidopa was effective over a long period of time. 

A Food and Drug advisory committee is tentatively schedule to review MannKind's (Nasdaq: MNKD) new drug application for its inhalable insulin product AFREZZA.

Sears (Nasdaq: SHLD) warned of significant losses for the fourth quarter and full year and reported a sharp 7.4% drop in U. S. same store sales in the quarter to date.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE while decliners edged out advancers by nearly 3 to 2 on Nasdaq. The broader S&P 500 edged up a point to 1838. Bitcoin slipped $18.10 or 1.97% to $917.02.

Lower Close Over Tapering Concerns

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An upbeat jobs report sparked concerns that the Federal Reserve would accelerate its bond tapering program. The markets closed lower with the Dow losing 17 points to 16,444 while Nasdaq fell 9 points to 4156. 

On the upside 

Aegis lifted its price target on Galectin Therapeutics (Nasdaq: GALT) from $10 to $16.

MannKind (Nasdaq: MNKD) will present at the J.P. Morgan 2014 Healthcare Conference on Wednesday, January 15, 2014 in San Francisco.

Macy's (NYSE: M) reported a 4.3% increase in November and December same store sales and announced the elimination of 2,500 jobs to save $100 million each year.


On the downside


Concerns that a highly competitive online travel environment would negatively impact earnings sent shares of Ctrip.com International (Nasdaq: CTRP) and Qunar Cayman Islands (Nasdaq: QUNR) tumbling. 

A labor contract extension may be voted down by YRC Worldwide's (Nasdaq: YRCW) union.

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

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 edged up a point to 1838. Bitcoin added $11.50 or 1.23% to $934.50.

Jobless Claims Fall But Markets Slip

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First time applications for unemployment benefits fell last week but the markets turned negative during the midday with the Dow slipping 11 points to 16,451. Nasdaq lost 6 points to 4159. 

On the upside 

The Italian distributor for MagneGas (Nasdaq: MNGA) signed a development contract with the Italian National Agency for New Technologies, Energy and Sustainable Economic Development to test and validate MagneGas fuels.

Mercury Solar Systems voted in favor of merging with Real Goods Solar (Nasdaq: RSOL).

United Continental (NYSE: UAL) reported that passenger revenue per available seat mile climbed between 11.5% to 12.5% in December.


On the downside


Bed Bath & Beyond (Nasdaq: BBBY) reported higher third quarter earnings but the results fell short of analyst expectations and the company lowered its fourth quarter outlook. 

Pier 1 Imports (NYSE: PIR) reported a disappointingly low 1.3% increase in December same store sales.

Profit taking weighed down shares of Qihoo 360 (NYSE: QIHU).

In the broad market, declining issues barely edged out advancers by a slim margin on both the NYSE and on Nasdaq. The broader S&P 500 eased a point to 1836. Bitcoin slipped $23.00 or 2.56% to $900.00.

Higher Open Over Cautious Fed

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The markets opened higher with the Dow rising 22 points to 16,485 over the Federal Reserve's cautious approach to its tapering program. Nasdaq gained 9 points to 4175. 

On the upside 

Intercept Pharmaceuticals (Nasdaq: ICPT) ended a FLINT trial early due to highly significant improvement in liver histology.

Capstone Turbine (Nasdaq: CPST) received multiple orders from E-Finity Distributed Generation for micro urbines totaling 6.4MW of electric power.

Sangamo Biosciences (Nasdaq: SGMO) will collaborate with Biogen Idec (Nasdaq: BIIB) to develop therapeutics for hemoglobinopathies.


On the downside


Aeterna Zentaris (Nasdaq: AEZS) priced its public offering of 11 million units at $1.20 per unit. 

Investors locked in profits on Plug Power (Nasdaq: PLUG).

Deutsche Bank downgraded Alcatel-Lucent (NYSE: ALU) from a Buy rating to a Hold rating.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 added 3 points to 1841. Bitcoin lost $35.00 or 3.94% to $888.00.

Mixed Close On Cautious Fed

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Federal Reserve meeting minutes indicated that the central bank desired to proceed very cautiously with its tapering program.  The market closed mixed with the Dow losing 68 points to 16,462. Nasdaq rose 12 points to 4165. 

On the upside 

A Seeking Alpha contributor expects Athersys (Nasdaq: ATHX) to continue climbing.

Maxim lifted its price target on Galena Biopharma (Nasdaq: GALE) from $6 to $9 after the biopharmaceutical enrolled its first patient in a Phase 2 trial for the ovarian cancer treatment GALE-301.

Apollo Education (Nasdaq: APOL) reported lower first quarter earnings that beat analyst expectations and raised its full year revenue outlook.


On the downside


Investors locked in profits on FuelCell Energy (Nasdaq: FCEL). 

Profit taking weighed down shares of Ballard Power Systems (Nasdaq: BLDP).

Investors took profits on Gogo (Nasdaq: GOGO).

In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 held steady at 1837. Bitcoin lost $25.60 or 2.85% to $897.40.

Private employers added more jobs in December than expected but the markets traded mixed during the midday with the Dow falling 78 points to 16,452 while Nasdaq gained 10 points to 4164. 

On the upside 

Shares of Plug Power (Nasdaq: PLUG) continued rising after announcing yesterday that it would develop fuel cell range extenders for FedEx (NYSE: FDX).

Teva Pharmaceutical Industries offered a minimum of $150 million to acquire NuPathe (Nasdaq: PATH).

Qihoo 360 Technology (NYSE: QIHU) named former Google Corporate Vice President and Head of Greater China Dr. John Liu to the position of Chief Business Officer.


On the downside


Support.com (Nasdaq: SPRT) expects fourth quarter revenue to fall in the low range of its previous guidance and forecast first quarter results below expectations. 

Investors locked in profits on Verso Paper (NYSE: VRS).

Origin Agritech (NYSE: SEED) reported that fiscal 2013 revenue fell 13% from a year earlier.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 eased a point to 1836. Bitcoin tumbled $91.81 or 10.02% to $916.01.

The markets opened mixed with the Dow losing 43 points to 16,487 while Nasdaq rose 12 points to 4165 ahead of the release of minutes from the Federal Reserve's meeting last month. 

On the upside 

The Food and Drug Administration accepted ARCA biopharma's (Nasdaq: ABIO) Gencaro Investigational New Drug application.

Micron Technology (Nasdaq: MU) swung to a better than expected profit for the first quarter as revenue surged.

Forest Laboratories (NYSE: FRX) will pay approximately $2.9 billion in cash to acquire Aptalis.


On the downside


J.C. Penney (NYSE: JCP) affirmed its fourth quarter forecast for an increase in same store sales but the department store operator failed to provide sales figures for the holiday shopping season. 

Needham downgraded Ambarella (Nasdaq: AMBA) from a Buy rating to a Hold rating.

The Container Store (NYSE: TCS) widened third quarter losses even as revenue rose.

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 added a point to 1839. Bitcoin tumbled $92.71 or 10.13% to $915.11.

A narrower than expected November trade deficit boosted the markets to a sharply higher close with the Dow soaring 105 points to 16,530. Nasdaq jumped 39 points to 4153. 

On the upside 

Motley Fool noted that Ballard Power (Nasdaq: BLDP) increased revenue and improved margins during the first nine months of 2013.

Stereotaxis (Nasdaq: STXS) completed the clinical trial that the Food and Drug Administration required for its Vdrive(™) Robotic Navigation Sytem with V-Loop(™) Circular Catheter Manipulator.

Mad Money's Jim Cramer recommended buying Gogo (Nasdaq: GOGO).


On the downside


Procera Networks (Nasdaq: PKT) warned that fourth quarter and full year revenue would fall short of previous guidance. 

Shares of GameStop (NYSE: GME) tumbled after Sony announced a cloud-based television service that will be available through its PlayStation system.

Twitter (NYSE: TWTR) stock continued falling after a downgrade yesterday.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 gained 10 points to 1837. Bitcoin slipped $4.79 or 0.53% to $899.09.

The markets soared during the midday with the Dow surging 108 points to 16,533 as the nation's trade deficit narrowed more than expected in November. Nasdaq leaped 35 points to 4149. 

On the upside 

Epizyme (Nasdaq: EPZM) earned a $25 million proof of concept milestone payment from Celgene for its EPZ-5676 DOT1L inhibitor. Epizyme also received a $4 million milestone payment from GlaxoSmithKline for its EPZ-6438 EZH2 inhibitor.

Verso Paper (NYSE: VRS) will pay approximately $900 million in cash and bonds to acquire NewPage Holdings.

An Independent Data Monitoring Committee recommended that Pharmacyclics' (Nasdaq: PCYC) Phase III study of IMBRUVICA end early due to significant improvement in survival rates.


On the downside


Cyan (NYSE: CYNI) warned that fourth quarter revenue would fall short of previous guidance. 

A Seeking Alpha contributor recommended shorting Radio Shack (NYSE: RSH).

Morgan Stanley downgraded Netflix (Nasdaq: NFLX) from an Equal Weight rating to an Underweight rating.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 gained 10 points to 1837. Bitcoin dropped $57.06 or 5.95% to $958.94.

The nation's trade deficit narrowed more than expected in November to lift the markets to a sharply higher open with the Dow soaring 114 points to 16,539. Nasdaq surged 33 points to 4147. 

On the upside 

Neurocrine Biosciences (Nasdaq: NBIX) reported positive results from a Phase IIb Kinect 2 study of a small molecule VMAT2 inhibitor NBI-98854.

Plug Power (Nasdaq: PLUG) will develop hydrogen fuel cell range extenders for FedEx Express electric delivery trucks.

Yingli Green Energy (NYSE: YGE) entered a joint venture with China National Nuclear to develop and construct distributed generation solar projects in China.


On the downside


RBC Capital Markets downgraded Gulfport Energy (Nasdaq: GPOR). 

Key Energy Services (NYSE: KEG) reported a drop from 35 average operating rigs in its International segment during the third quarter to 32 average operating rigs in the fourth quarter.

PBF Energy (NYSE: PBF) priced its secondary offering of 15 million common shares at the discounted price of $28 per share.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 gained 11 points to 1838. Bitcoin fell $46.98 or 4.82% to $975.00.

Disappointment that service sector expansion slowed in December weighed the markets down to a lower close with the Dow losing 44 points to 16,425. Nasdaq fell 18 points to 4113. 

On the upside 

Shares of Origin Agritech (Nasdaq: SEED) soared ahead of its earnings release before market open on Wednesday, January 8, 2014.

LightInTheBox (NYSE: LITB) purchased social e-commerce company Ador for an undisclosed sum.

Piper Jaffray upgraded Exelixis (Nasdaq: EXEL) from a Neutral rating to an Overweight rating.


On the downside


Investors locked in profits on Kandi Technologies (Nasdaq: KNDI). 

Motley Fool wrote on Friday that Halcon Resources (NYSE: HK) was not as well positioned to profit in 2014 as its peers.

Bull Harbor Capital rated WPCS International (Nasdaq: WPCS) a Strong Sell.

In the broad market, declining issues outpaced advancers 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 lost 4 points to 1826. Bitcoin rose $14.00 or 1.38% to $1016.10.

Expansion of the nation's service sector slowed in December to weigh the markets down during the midday with the Dow slipping 13 points to 16,456. Nasdaq lost 13 points to 4118. 

On the upside 

The National Institute for Health and Care Excellence issued a positive Final Appraisal Determination for Cell Therapeutics' (Nasdaq: CTIC) non-Hodgkin lymphoma treatment Pixuvri.

Goldman Sachs upgraded SolarCity (Nasdaq: SCTY) from a Neutral rating to a Buy rating and lifted its price target from $65 to $80.

Pandora Media (NYSE: P) reported a 13% increase in December listener hours and a 13% increase in active listeners.


On the downside


Brightcove (Nasdaq: BCOV) will purchase Unicorn Media in a cash and stock deal valued at approximately $49 million. 

Goldman Sachs downgraded First Solar (Nasdaq: FSLR) from a Buy rating to a Sell rating.

Best Buy (NYSE: BBY) stock dropped after rival electronics retailer Hhgregg forecast disappointing holiday quarter revenue that fell short of analyst expectations.

In the broad market, declining issues outpaced advancers 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 slipped 2 points to 1828. Bitcoin edged up $7.40 or 0.73% to $1009.50.

The markets opened mixed with the Dow rising 24 points to 16,494 while Nasdaq slipped 12 points to 4119 as the nation's service sector expanded less than expected in December. 

On the upside 

Liberty Media offered to acquire the 46% stake in Sirius XM Holdings (Nasdaq: SIRI) that it does not already own.

The Food and Drug Administration granted Peregrine Pharmaceuticals (NYSE: PPHM) fast track designation for its non-small cell lung cancer immunotherapy bavituximab.

Details for the phase 3 clinical trial of Oxygen Biotherapeutics' (Nasdaq: OXBT) levosimendan was published on ClinicalTrials.gov.


On the downside


Select Comfort (Nasdaq: SCSS) warned that fourth quarter earnings would fall short of expectations. 

Morgan Stanley downgraded Twitter (NYSE: TWTR) from an Equal Weight rating to an Underweight rating.

Share of Spring (NYSE: S) continued falling after a downgrade last week.

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 1832. Bitcoin rose $20.88 or 2.08% to $1022.98.

It was a mixed close for the markets with the Dow gaining 28 points to 16,469 while Nasdaq slipped 11 points to 4131 on the second trading day of 2014. 

On the upside 

The Centers for Medicare and Medicaid Services began paying higher reimbursements to BG Medicine (Nasdaq: BGMD) for its galactic-3 blood test on January 1, 2014.

Rumors circulated that Telefonica was interested in acquiring TIM Participacoes (NYSE: TSU).

Qunar Cayman Islands (Nasdaq: QUNR) reported record single day air ticket bookings of more than 60,000 over New Year.


On the downside


Zacks Investment Research downgraded Tower Group International (Nasdaq: TWGP) from a Sell rating to a Strong Sell rating. 

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

Profit taking weighed down shares of Molycorp (NYSE: MCP).

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 held steady at 1831. Bitcoin added  $14.00 or 1.60% to $876.00.

The markets traded mixed during the midday with the Dow rising 31 points to 16,472 after General Motors reported a 6.3% drop in December sales. Nasdaq lost 11 points to 4131. 

On the upside 

Shares of FuelCell Energy (Nasdaq: FCEL) continued rising after completing a 14.9 megawatt fuel cell park on schedule.

China Finance Online (Nasdaq: JRJC) narrowed losses for the third quarter as revenue surged.

Skyworks Digital Holdings selected Pixelworks' (Nasdaq: PXLW) PA 168 MotionEngine video display processor to power its Ultra HD 4Kx2K Dual Core Android 3D Smart TVs.


On the downside


RF Industries (Nasdaq: RFIL) reported lower preliminary fourth quarter earnings and revenue. 

Profit taking weighed down shares of Ctrip.com International (Nasdaq: CTRP).

News that the Federal Trade Commission will announce a new initiative targeting deceptive advertising of weight loss products weighed down shares of Herbalife (NYSE: HLF) and Nu Skin Enterprises (NYSE: NUS).

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 held steady at 1831. Bitcoin added  $14.00 or 1.60% to $876.00.

Strong December auto sales lifted the markets to a higher open with the Dow gaining 51 points to 16,492. Nasdaq added 2 points to 4145. 

On the upside 

Shares of Plug Power (Nasdaq: PLUG) continued rising.

Rite Aid (NYSE: RAD) reported a 2.9% increase in December same store sales.

FireEye (Nasdaq: FEYE) raised its fourth quarter and full year revenue guidance and completed the acquisition of rival Mandiant.


On the downside


Profit taking weighed down shares of Athersys (Nasdaq: ATHX). 

Stifel Nicolaus downgraded Sprint (NYSE: S) from a Hold rating to a Sell rating.

AT&T (NYSE: T) offered a credit of up to $450 for T-Mobile (NYSE: TMUS) users to switch to AT&T.

In the broad market, advancing issues outpaced decliners 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 added 4 points to 1836. Bitcoin rose  $15.00 or 1.71% to $878.00.

Slower than expected expansion of Chinese factory output sent the markets tumbling to a sharply lower close with the Dow plummeting 135 points to 16,441. Nasdaq dropped 33 points to 4143. 

On the upside 

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

Canadian Solar (Nasdaq: CSIQ) completed the sale of its Mississippi Mills 10 megawatt AC solar power plant to TransCanada (NYSE: TRP).

The Israel and Australian Patent Offices granted a patent allowance to Oramed Pharmaceuticals (Nasdaq: ORMP) for its technology for the oral delivery of drugs and vaccines.


On the downside


Cohen, Placitella & Roth initiated an investigation into Angie's List (Nasdaq: ANGI) for possible securities fraud while Bernstein Liebhard filed a class action lawsuit against the company for securities violations. 

A drop in crude oil prices weighed down shares of Comstock Resources (NYSE: CRK), Goodrich Petroleum (NYSE: GDP) and Kodiak Oil & Gas (NYSE: KOG).

FireEye (Nasdaq: FEYE) acquired rival cybersecurity firm Mandiant for approximately $1 billion in cash and stock.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 tumbled 16 points to 1831. Bitcoin gained  $67.11 or 7.74% to $867.11.

The markets extended its losses during the midday with the Dow plunging 132 points to 16,444 as expansion of Chinese factory output slowed more than expected in December. Nasdaq dropped 38 points to 4138. 

On the upside 

Ariad Pharmaceuticals (Nasdaq: ARIA) will present at the 32nd Annual J.P. Morgan Healthcare Conference in San Francisco on Tuesday, January 14.

Yingli Green Energy (NYSE: YGE) entered a joint venture with Datong Coal Mine Group to develop and construct solar power plants in Shuozhou city.

KeyBanc upgraded U.S. Steel (NYSE: X) from a Hold rating to a Buy rating.


On the downside


Shares of China Finance Online (Nasdaq: JRJC) fell ahead of its earnings release after market close today. 

Sanofi (NYSE: SNY) agreed to share clinical trial data on a website.

Cowen & Co. downgraded Sprint (NYSE: S) from an Outperform rating to a Market Perform rating.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by nearly 7to 3 on Nasdaq. The broader S&P 500 dropped 16 points to 1831. Bitcoin rose $25.56 or 3.20% to $825.56.

The markets opened lower on the first trading day of 2014 with the Dow dropping 87 points to 16,489 after a record finish to 2013. Nasdaq fell 28 points to 4148. 

On the upside 

Plug Power (Nasdaq: PLUG) met 2013 fourth quarter order targets of $32 million.

D.A. Davidson lifted its price target on Molycorp (NYSE: MCP) from $6 to $8.

WPCS (Nasdaq: WPCS) announced new contract awards of $6.8 million and engaged the services of a business broker to sell its 60% stake in a China-based joint venture.


On the downside


Shares of Star Scientific (Nasdaq: STSI) continued falling after confirming that it received a warning letter from the Food and Drug Administration. 

DryShips (Nasdaq: DRYS) will resume sales of common shares through a previously announced $200 million program.

InterCloud Systems (Nasdaq: ICLD) completed its acquisition of Integration Partners.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 lost 10 points to 1838. Bitcoin rose $24.00 or 3% to $824.00.

U. S. Markets Closed

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U. S. markets are closed for New Years Day.

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