Mixed Open After Four Days Of Gains

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The markets opened mixed with the Dow slipping 3 points to 15,991 while Nasdaq rose 12 points to 4203 as investors hit the pause button after four days of gains. 

On the upside 

Shares of Ocean Power Technologies (Nasdaq: OPTT) continued rising.

TripAdvisor (Nasdaq: TRIP) reported lower fourth quarter earnings but revenue rose to beat analyst expectations.

Owens Corning (NYSE: OC) reversed year ago losses to post a greater than expected profit for the fourth quarter and the company initiated a quarterly dividend of 16 cents per share payable on April 3, 2014 to shareholders of record March 14, 2014.

On the downside


Ventrus Biosciences (Nasdaq: VTUS) reported disappointing results from a Phase 3 trial of its anal fissure pain treatment Diltiazem Hydrochloride 2% Cream. 

LiveDeal (Nasdaq: LIVE) completed its three-for-one stock split.

OXiGENE (Nasdaq: OXGN) announced a registered public offering of $12 million worth of units priced at $2.05 per unit.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 added a point to 1820. Bitcoin lost $38.91 or 7.19% to $540.88.

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This page contains a single entry by published on February 12, 2014 6:42 AM.

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