Mixed Close Over Earnings

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It was a mixed close for the markets with the Dow losing 23 points to 16,130 over earnings reports. Nasdaq gained 28 points to 4272. 

On the upside 

Shares of Ctrip.com (Nasdaq: CTRP) continued rising.

The Patent Office approved a patent for Lightbridge's (Nasdaq: LTBR) multi-lobed metallic fuel rod design and fuel assemblies.

TPG and Shanghai Fosun Pharmaceutical will acquire Chindex International (Nasdaq: CHDX) in a deal valued at approximately $369 million.

On the downside


Investors locked in profits on Cray (Nasdaq: CRAY). 

Semiconductor Manufacturing International (NYSE: SMI) disappointed with lower fourth quarter earnings and warned of lower first quarter revenue.

Sanchez Energy (NYSE: SN) reported that its Sante North 1H well produced more water than oil during a test.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 added 2 points to 1840. Bitcoin slipped $24.50 or 9.61% to $255.00.

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This page contains a single entry by published on February 18, 2014 2:01 PM.

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