March 2014 Archives

Comments by Federal Reserve chair Janet Yellen that interest rates would remain low for some time sent the markets soaring to a sharply higher close with the Dow surging 134 points to 16,457. Nasdaq jumped 43 points to 4198. 

On the upside 

Bargain hunters lifted shares of Galena Biopharm (Nasdaq: GALE).

Deutsche Bank upgraded Builders FirstSource (Nasdaq: BLDP) from a Hold rating to a Buy rating.

Shares of Forward Industries (Nasdaq: FORD) continued rising after a Seeking Alpha contributor wrote last week that the company had strong growth potential.

On the downside


Profit taking weighed down shares of Oi (NYSE: OIBR).

UTi Worldwide (Nasdaq: UTIW) reported a wider than expected loss for the fourth quarter.

Credit Suisse downgraded BlackBerry (Nasdaq: BBRY) from a Neutral rating to an Underperform rating while Evercore Partners downgraded the company from an Equal Weight rating to an Underweight rating.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 climbed 14 points to 1872. Bitcoin lost $12.25 or 2.62% to $454.72.

Federal Reserve chair Janet Yellen's comments that interest rates will remain low for some time sent the markets soaring during the midday with the Dow jumping 136 points to 16,459. Nasdaq leaped 50 points to 4206. 

On the upside 

Shares of Energous (Nasdaq: WATT) continued soaring.

American Capital (Nasdaq: ACAS) bought 8.9 million shares of its common stock during the first quarter.

Fourth quarter earnings surged for Cleantech Solutions (Nasdaq: CLNT) as revenue climbed.

On the downside


Shares of Momenta Pharmaceuticals (Nasdaq: MNTA) fell after the Supreme Court agreed to hear an appeal by Teva (NYSE: TEVA). Depending on the ruling of the Supreme Court, Momenta may have to delay release of a generic version of Teva's multiple sclerosis treatment Copaxone.

A Seeking Alpha contributor wrote that Whiting USA (NYSE: WHX) would drop to $0 within the year.

Clean Diesel Technologies (Nasdaq: CDTI) disappointed with a much larger than expected loss for the fourth quarter.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 soared 15 points to 1873. Bitcoin slipped $2.60 or 0.56% to $464.37.

The markets opened sharply higher with the Dow leaping 133 points to 16,456 ahead of a speech by Federal Reserve chair Janet Yellen. Nasdaq surged 44 points to 4199. 

On the upside 

MangeGas (Nasdaq: MNGA) expanded its joint venture with Future Energy .

Nordion (NYSE: NDZ) will be acquired by Sterigenics for a premium of $11.75 per share.

Biofuel (Nasdaq: BIOF) received a preliminary proposal from Greenlight Capital and James R. Brickman for Biofuel to acquire JBGL, which is owned by Greenlight and Brickman.

On the downside


Prana Biotechnology (Nasdaq: PRAN) reported disappointing results from a Phase 2 Imagine trial of its Alzheimer's disease treatment PBT2.

Summer Street does not expect the Food and Drug Administration to approve Mannkind's (Nasdaq: MNKD) inhalable insulin product Afrezza.

Investors locked in profits on Idera Pharmaceuticals (Nasdaq: IDRA).

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 soared 15 points to 1873. Bitcoin slipped $5.84 or 1.25% to $461.12.

Consumer spending and incomes rose to lift the markets to a higher close with the Dow gaining 58 points to 16,323. Nasdaq added 4 points to 4155. 

On the upside 

Sterne Agee said that GameStop's (NYSE: GME) outlook was positive.

Shares of Genco Shipping & Trading (NYSE: GNK) climbed on no news.

2U (Nasdaq: TWOU) stock climbed on its first trading day.

On the downside


LipoScience (Nasdaq: LPDX) lowered its first quarter revenue guidance after Health Diagnostics Laboratory cancelled its contract with LipoScience.

Fourth quarter earnings plunged for Conatus Pharmaceuticals (Nasdaq: CNAT) to fall short of analyst expectations.

Shares of Spherix (Nasdaq: SPEX) continued falling.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 climbed 8 points to 1857. Bitcoin lost $12.18 or 2.41% to $493.70.

The markets retreated from early morning highs with the Dow rising 38 points to 16,301 as consumer sentiment slipped. Nasdaq added 5 points to 4155. 

On the upside 

Shares of TriNet Group (NYSE: TNET) extended its gains.

Energous (Nasdaq: WATT) stock surged in its market debut.

InterCloud Systems (Nasdaq: ICLD) denied allegations that it paid stock promoters to write articles in favor of the company.

On the downside


Russian Hill Capital warned that Whiting USA Trust (NYSE: WHX) was overpriced and that the stock price would likely drop substantially.

Exelixis (Nasdaq: EXEL) extended its losses.

Investors locked in profits on Clovis Oncology (Nasdaq: CLVS).

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 gained 7 points to 1856. Bitcoin added $3.55 or 0.7%% to $502.33.

An increase in consumer spending and incomes boosted the markets to a sharply higher open with the Dow surging 119 points to 16,383. Nasdaq soared 44 points to 4195. 

On the upside 

Idera Pharmaceuticals (Nasdaq: IDRA) reported positive results from a Phase 2 trial of its psoriasis treatment IMO-8400.

Restoration Hardware (NYSE: RH) reported higher fourth quarter earnings as revenue rose.

BlackBerry (Nasdaq: BBRY) fell to a loss for the fourth quarter but the results were better than expected.

On the downside


Endocyte (Nasdaq: ECYT) priced its public offering of 4.5 million common shares at the discounted price of $21 per share.

Caesars Entertainment (NYSE: CZR) will offer 7 million shares of common stock.

Exterran Partners (Nasdaq: EXLP) priced its public offering of 5.4 million common units at the discounted price of $28.36 per common unit.

In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 climbed 15 points to 1864. Bitcoin added $5.04 or 1.00%% to $510.92.

Banking Woes Weigh Down Markets

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Concerns about the banking sector weighed the markets down to a lower close with the Dow slipping 4 points to 16,264. Nasdaq fell 22 points to 4151. 

On the upside 

Shares of Square 1 Financial (Nasdaq: SQBK) soared on its first trading day.

Northwest Biotherapeutics (Nasdaq: NWBO) will present at the 4th Annual "Cancer Immunotherapy: A Long-Awaited Reality" conference this afternoon.

Applied Genetic Technologies (Nasdaq: AGTC) stock surged in its market debut.

On the downside


Spherix (Nasdaq: SPEX) sued Cisco (Nasdaq: CSCO) for patent infringement.

Body Central (Nasdaq: BODY) extended its losses.

On Track Innovations (Nasdaq: OTIV) swung to a profit for the fourth quarter but the stock price fell.

In the broad market, advancing issues edged out decliners by a slim margin of nearly 5 to 4 on the NYSE while decliners outpaced advancers by nearly 5 to 3 on Nasdaq. The broader S&P 500 slipped 3 points to 1849. Bitcoin dropped $66.81 or 11.44%% to $517.19.

The markets traded mixed during the midday with the Dow adding 7 points to 16,276 as a drop in first time applications for unemployment benefits tempered concerns about the banking industry. Nasdaq lost 13 points to 4160. 

On the upside 

Shares of TriNet Group (NYSE: TNET) soared in its market debut.

Unwired Planet (Nasdaq: UPIP) director Michael Mulica purchased 100,000 shares of company stock.

Conn's (Nasdaq: CONN) reported sharply higher fourth quarter earnings and revenue.

On the downside


The Securities and Exchange Commission halted trading of Advanced Cannabis Solutions which sent shares of Full Circle Capital (Nasdaq: FULL) tumbling. Full Capital invested in Advanced Cannabis 

Fourth quarter earnings dropped for Leidos Holdings (NYSE: LDOS) and the company forecast 2015 results below expectations. The company also announced the departure of president and chief operating officer Stu Shea effective April 6, 2014.

SFX Entertainment (Nasdaq: SFXE) disappointed with an unexpected loss for the fourth quarter.

In the broad market, advancing issues edged out decliners by a slim margin of nearly 5 to 4 on the NYSE while decliners outpaced advancers by nearly 3 to 2 on Nasdaq. The broader S&P 500 slipped 2 points to 1850. Bitcoin dropped $59.09 or 10.12%% to $524.90.

Lower Open Over Banking Concerns

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The markets opened lower with the Dow easing 2 points to 16,266 after Citibank failed its annual stress test yesterday. Nasdaq slipped 6 points to 4167. 

On the upside 

Lululemon Athletica (Nasdaq: LULU) reported flat fourth quarter earnings that topped analyst estimates.

Baxter International (NYSE: BAX) will separate into two different companies, a biopharmaceuticals business and a medical products business.

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

On the downside


Advaxis (Nasdaq: ADXS) priced its public offering of 4.08 million common shares at the discounted price of $3.00 per share. 

Accenture (NYSE: ACN) reported lower second quarter earnings that missed expectations.

Fourth quarter earnings dropped for GameStop (NYSE: GME) to fall short of analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 slipped 2 points to 1850. Bitcoin dropped $53.50 or 9.16%% to $530.50.

The markets closed sharply lower with the Dow tumbling 98 points to 16,268 as investors disliked Facebook's latest acquisition and avoided Candy Crush maker King Digital Entertainment's IPO. Nasdaq plunged 60 points to 4173. 

On the upside 

Steelcase (NYSE: SCS) swung to a greater than expected profit for the fourth quarter prompting an upgrade.

Bloomberg reported that Dish Network (Nasdaq: DISH) chief executive Charlie Ergen discussed a possible merger with DirectTV chief executive Mike White.

China XD Plastics (Nasdaq: CXDC) impressed with sharply higher fourth quarter earnings that more than tripled.

On the downside


Body Central (Nasdaq: BODY) fell to a greater than expected loss for the fourth quarter. 

Caesars Entertainment will not renew its cash access agreements with Global Cash Access Holdings (NYSE: GCA).

Real Goods Solar (Nasdaq: RGSE) narrowed losses for the fourth quarter but revenue fell short of expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 droped 13 points to 1852. Bitcoin slipped $1.89 or 0.32%% to $581.86.

The markets traded mixed during the midday with the Dow gaining 46 points to 16,414 as new home sales fell 3.3% in February. Nasdaq slipped 7 points to 4227. 

On the upside 

Bargain hunters lifted shares of Keryx Biopharmaceuticals (Nasdaq: KERX).

Shares of Nord Anglia Education (NYSE: NORD) soared on its first trading day.

Fuwei Films (NYSE: FFHL) extended its gains.

On the downside


Investors locked in profits on Ballard Power Systems (Nasdaq: BLDP) and FuelCell Energy (Nasdaq: FCEL). 

Profit taking sank shares of Arotech (Nasdaq: ARTX).

Francesca's Holdings (Nasdaq: FRAN) disappointed with lower fourth quarter earnings and forecast current quarter results below expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 4 points to 1870. Bitcoin rose $4.42 or 0.76%% to $586.26.

Durable goods orders climbed in February to lift the markets to a higher open with the Dow gaining 42 points to 16,410. Nasdaq rose 8 points to 4242. 

On the upside 

A consortium that includes Full Alliance International increased its acquisition offer for Yongye International (Nasdaq: YONG) from $6.69 per share to $7.00 per share.

Five Below (Nasdaq: FIVE) reported higher fourth quarter earnings and revenue that topped analyst expectations.

Marbridge Daily reported that Tencent acquired a 20% stake in Youku Tudou (NYSE: YOKU).

On the downside


The Independent Data Monitoring Committee completed an interim analysis of Exelixis' (Nasdaq: EXEL) COMET-1 phase 3 pivotal trial and recommended that the trial proceed to final analysis but shares of Exelixis plummeted. 

Plug Power (Nasdaq: PLUG) clarified that reports of an upcoming major deal had already been disclosed on March 13.

Insmed (Nasdaq: INSM) reported disappointing results from a midstage study of its lung infection treatment Arikayce.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 gained 8 points to 1873. Bitcoin rose $5.70 or 0.98%% to $587.53.

Consumer confidence soared to its highest level in six years to lift the markets to a sharply higher close with the Dow climbing 91 points to 16,367. Nasdaq rose 7 points to 4234. 

On the upside 

Shares of Ballard Power (Nasdaq: BLDP) and FuelCell Energy (Nasdaq: FCEL) both surged on word from rival Plug Power (Nasdaq: PLUG) that it would soon announce a major deal.

Novavax (Nasdaq: NVAX) chief executive Stanley C. Erck purchased 10,000 shares of company stock while chief financial officer Barclay A. Phillips bought 5,000 shares.

HD Supply Holdings (Nasdaq: HDS) narrowed fourth quarter losses more than expected as revenue rose.

On the downside


Cache (Nasdaq: CACH) reported a greater than expected loss for the fourth quarter as revenue fell. 

Shares of Body Central (Nasdaq: BODY) fell ahead of its earnings release after market close.

Investors locked in profits on China Recycling Energy (Nasdaq: CREG).

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 gained 8 points to 1865. Bitcoin added $4.00 or 0.69%% to $581.01.

A stronger than expected gain in consumer confidence lifted the markets during the midday with the Dow soaring 109 points to 16,385. Nasdaq added 10 points to 4237. 

On the upside 

Galectin Therapeutics (Nasdaq: GALT) will report first cohort results from a Phase 1 clinical study of GR-MD-02 in treating fatty liver disease with advanced fibrosis on Monday, March 31.

3D Analytics initiated coverage of Arotech (Nasdaq: ARTX) with a Buy rating and a $16 price target.

24/7 Wall Street wrote that a fair valuation of Plug Power (Nasdaq: PLUG) could be between $7.00 and $17.50 per share.

On the downside


Profit taking sank shares of Microvision (Nasdaq: MVIS). 

Shares of Wet Seal (Nasdaq: WTSL) extended its losses.

Robbins Arroyo filed a class action lawsuit against Geron (Nasdaq: GERN) on behalf of an investor alleging securities fraud.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 on the NYSE while decliners edged out advancers by 10 to 9 on Nasdaq. The broader S&P 500 gained 8 points to 1866. Bitcoin edged up $0.52 or 0.09%% to $577.53.

The markets opened higher with the Dow soaring 105 points to 16,382 despite a drop in February housing starts as building permits climbed 7.7%. Nasdaq leaped 43 points to 4270. 

On the upside 

The American Heart Journal published an analysis of three research trials using BG Medicine's (Nasdaq: BGMD) BGM Galectin-3® Test saying that the test was significantly predictive of rehospitalization for heart failure.

Sonic (Nasdaq: SONC) reported higher second quarter earnings that topped analyst estimates.

Morgan Stanley upgraded Rackspace Hosting (NYSE: RAX) from an Equal Weight rating to an Overweight rating.

On the downside


Bank of America Merrill Lynch downgraded Himax Technologies (Nasdaq: HIMX) from a Buy rating to an Underperform rating. 

MagneGas (Nasdaq: MNGA) entered definitive agreements with an institutional investor for a financing of $5 million.

Arlington Asset Investment (Nasdaq: AI) priced its public offering of 2.75 million common shares at the discounted price of $27.40 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by 7 to 2 on Nasdaq. The broader S&P 500 gained 10 points to 1868. Bitcoin eased $0.74 or 0.13%% to $576.27.

Lower Close As Tech Stocks Tumble

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The markets closed lower with the Dow losing 26 points to 16,276 as technology stocks tumbled. Nasdaq plunged 50 points to 4226. 

On the upside 

Bargain hunters snapped up shares of Miller Energy (NYSE: MILL).

Zacks Equity Research cited the recent upward trend in Bon-Ton's (Nasdaq: BONT) full year earnings estimate for saying that the department store operator had upside potential.

Shares of Vertex Energy (Nasdaq: VTNR) climbed ahead of its earnings release tomorrow before market open.

On the downside


B. Riley downgraded Wet Seal (Nasdaq: WTSL) from a Neutral rating to a Sell rating. 

Investors locked in profits on Tekmira Pharmaceuticals (Nasdaq: TKMR).

Shares of Novavax (Nasdaq: NVAX) continued falling.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 lost 9 points to 1857. Bitcoin rose $17.96 or 3.17%% to $583.77.

The markets extended its losses during the midday with the Dow falling 56 points to 16,246 as Chinese manufacturing activity continued to contract. Nasdaq plummeted 65points to 4211. 

On the upside 

InterCloud Systems (Nasdaq: ICLD) will acquire VaultLogix.

Three additional representative from Icahn Enterprises will join the board of Herbalife (NYSE: HLF) bringing the total number of Icahn representatives to five.

Maxim Group upgraded Achillion Pharmaceuticals (Nasdaq: ACHN) from a Hold rating to a Buy rating.

On the downside


Shares of Kandi Technologies (Nasdaq: KNDI) continued falling. 

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

Profit taking sank shares of Aastrom Biosciences (Nasdaq: ASTM).

In the broad market, declining issues outpaced advancers by a margin of 7 to 3 on the NYSE and by nearly 5 to 1 on Nasdaq. The broader S&P 500 fell 12 points to 1853. Bitcoin slipped $1.81 or 0.32% to $564.00.

Lower Open As Manufacturing Slows

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A slowdown in manufacturing weighed the markets down to a lower open with the Dow slipping 20 points to 16,282. Nasdaq plunged 56 points to 4220. 

On the upside 

MicroVision (Nasdaq: MVIS) will provide customized PicoP® display modules to UPS.

China's Administration of Industry and Commerce fined Nu Skin Enterprises (NYSE: NUS) $540,000 for illegal sales practices and product claims. The fine was smaller than expected

Fourth quarter earnings more than doubled for China Recycling Energy (Nasdaq: CREG) as revenue surged.

On the downside


Profit taking weighed down shares of MagneGas (Nasdaq: MNGA). 

Investors continued to lock in profits on Idera Pharmaceuticals (Nasdaq: IDRA).

Arrowhead Research (Nasdaq: ARWR) began patient dosing in a Phase 2a clinical trial of ARC-520 to treat chronic hepatitis B but the stock price plunged.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by 3 to 1 on Nasdaq. The broader S&P 500 lost 7 points to 1858. Bitcoin eased $0.81 or 0.14% to $565.00.

The markets closed lower with the Dow slipping 28 points to 16,302 on quadruple witching day. Nasdaq tumbled 42 points to 4276. 

On the upside 

Genco Shipping (NYSE: GNK) made an interest payment of $3.1 million.

Shares of Aastrom Biosciences (Nasdaq: ASTM) extended its gains.

Shares of Borderfree (Nasdaq: BRDR) soared on its first trading day.

On the downside


A Seeking Alpha contributor warned that MiMedx Group (Nasdaq: MDXG) chief executive Parker Petit may be convicted of insider trading. 

China Mobile Games and Entertainment Group (Nasdaq: CMGE) priced its follow-on public offering of 3.442 million American Depositary Shares at the discounted price of $24 per ADS.

A $29.4 million order that Geospace Technologies (Nasdaq: GEOS) received from Seafloor Geophysical Solutions may be postponed.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE while decliners edged out advancers by 7 to 5 on Nasdaq. The broader S&P 500 lost 5 points to 1866. Bitcoin lost $10.85 or 1.84% to $579.57.

Dow Advances As Rate Concern Ease

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The markets traded mixed during the midday with the Dow climbing 100 points to 16,431 as interest rate concerns eased. Nasdaq slipped 3 points to 4315. 

On the upside 

Shares of Versartis (Nasdaq: VSAR) leaped in its market debut.

Shares of Amber Road (NYSE: AMBR) surged on its first trading day.

Media General will pay approximately $1.6 billion to buy Lin Media (NYSE: LIN).

On the downside


Rosen Law Firm launched an investigation into InterCloud Systems (Nasdaq: ICLD) for potential securities fraud. 

Wet Seal (Nasdaq: WTSL) narrowed fourth quarter losses and the company announced a private placement of $27 million worth of convertible notes and warrants.

Sterne Agee downgraded Albany Molecular Research (Nasdaq: AMRI) from a Neutral rating to an Underperform rating.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 gained 8 points to 1880. Bitcoin lost $15.63 or 2.31% to $576.79.

The markets opened mixed with the Dow gaining 48 points to 16,379 while Nasdaq fell 20 points to 4298. Russia's stock market tumbled as the U. S. and Europe imposed additional sanctions. 

On the upside 

Endocyte (Nasdaq: ECYT) reported positive results from a Phase 2b TARGET trial of vintafolide and docetaxel in treating non-small cell lung cancer.

Lenovo will pay approximately $100 million in cash to purchase a portfolio of patents from Unwired Planet (Nasdaq: UPIP).

A Seeking Alpha contributor wrote that MagneGas (Nasdaq: MNGA) was undervalued.

On the downside


Symantec (Nasdaq: SYMC) fired chief executive Steve Bennett prompting downgrades. 

PBF Energy (NYSE: PBF) priced its secondary offering of 15 million common shares at the discounted price of $25.50 per share.

EnLink Midstream Partners (NYSE: ENLK) priced its public offering of approximately 17.99 million common units at a discount.

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 rose 5 points to 1877. Bitcoin lost $15.16 or 2.57% to $575.25.

The markets closed sharply higher with the Dow surging 108 points to 16,331 as interest rate concerns eased. Nasdaq rose 11 points to 4319. 

On the upside 

Sinovac Biotech (Nasdaq: SVA) reversed year ago losses to post a profit for the fourth quarter as sales climbed.

Mizuho initiated coverage of ZIOPHARM Oncology (Nasdaq: ZIOP) with a Buy rating.

Burlington Stores (NYSE: BURL) reported lower fourth quarter earnings but the results were better than expected.

On the downside


The New York Post reported that Genco Shipping & Trading (NYSE: GNK) would soon be filing for Chapter 11 bankruptcy protection. 

The ExOne (Nasdaq: XONE) fell to an unexpected loss for the fourth quarter.

Shares of Ballard Power Systems (Nasdaq: BLDP) and FuelCell Energy (Nasdaq: FCEL) tumbled after Forbes said that the next stock bubble would be in the fuel cell sector.

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers outpaced decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 climbed 11 points to 1872. Bitcoin lost $16.80 or 2.76% to $591.15.

Markets Advance At Midday

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The markets advanced during the midday with the Dow soaring 113 points to 16,335. Nasdaq climbed 16 points to 4324. 

On the upside 

AT&T (NYSE: T) will offer free high speed Internet for up to a year to small businesses in Tennessee.

A Seeking Alpha contributor wrote that Aastrom Biosciences (Nasdaq: ASTM) was  good investment.

Share of Q2 Holdings (Nasdaq: QTWO) soared in its market debut.

On the downside


Concerns that more California cities may adopt drilling band weighed down shares of Occidental Petroleum (NYSE: OXY). 

Goldman Sachs downgraded Ameren (NYSE: AEE) from a Neutral rating to a Sell rating.

RadiSys (Nasdaq: RSYS) priced its public offering of 5.7 million common shares at the discounted price of $3.40 per share.

In the broad market, declining issues outpaced advancers by a 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 rose 6 points to 1867. Bitcoin lost $20.96 or 3.45% to $587.00.

The markets opened higher with the Dow gaining 57 points to 16,279 as investors continued to digest comments from Federal Reserve chair Janet Yellen. Nasdaq rose 13 points to 4320. 

On the upside 

BG Medicine (Nasdaq: BGMD) narrowed fourth quarter losses more than expected and announced the receipt of a patent for Galectin-3 and cardiac resynchronization therapy.

MagneGas (Nasdaq: MNGA) will supply fuel for torch cutting in four demolition projects.

Synta Pharmaceuticals (Nasdaq: SNTA) reported positive interim results from the ENCHANT-1 trial of ganetespib in treating metastatic breast cancer.

On the downside


Shares of Walter Energy (NYSE: WLT) extended its losses. 

Agenus (Nasdaq: AGEN) reported disappointing results from a late stage study of a lung cancer treatment that uses Agenus' SQ-21 Stimulon vaccine adjuvant.

Cinedigm (Nasdaq: CIDM) priced its public offering of 10.2 million common shares at the discounted price of $2.70 per share.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE while advancers edged out decliners by more than 9 to 7 on Nasdaq. The broader S&P 500 rose 6 points to 1867. Bitcoin lost $22.65 or 3.72% to $585.62.

Federal Chair Janet Yellen commented that interest rates will most likely increase in 2015 sending the markets tumbling to a sharply lower close with the Dow plunging 114 points to 16,222. Nasdaq dropped 25 points to 4307. 

On the upside 

Shares of Paylocity (Nasdaq: PCTY) surged in its market debut.

Unilife (Nasdaq: UNIS) stock continued rising after naming Dennis Pyers to the position of interim chief financial officer yesterday.

TheStreet listed Andatee China Marine Fuel Services (Nasdaq: AMCF) as one of three stocks under $10 that has trended upward.

On the downside


Shares of McEwen Mining (NYSE: MUX) fell for the third straight day. 

The lock-up period for FireEye (Nasdaq: FEYE) expired today which freed approximately 14.66 million common shares.

Rubicon Technology (Nasdaq: RBCN) priced its a public offering of 2.5 million common shares at the discounted price of $13 per share.

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on the NYSE and by more than 5  to 3 on Nasdaq. The broader S&P 500 fell 11 points to 1860. Bitcoin slipped $5.50 or 0.89% to $610.00.

The markets traded lower during the midday with the Dow losing 35 points to 16,300 after the Federal Reserve indicated that it would lower its bond purchases. Nasdaq slipped 8 points to 4324. 

On the upside 

First Solar (Nasdaq: FSLR) forecast higher earnings and revenue for 2015.

Maxim Group analyst Echo He said that Galena Biopharma's (Nasdaq: GALE) were sound despite an Securities and Exchange Commission investigation.

RBC Capital lifted its price target on Prothena (Nasdaq: PRTA) from $38 to $52.

On the downside


Kandi Technologies (Nasdaq: KNDI) announced a registered direct offering with two institutional investors of more than $11 million worth of common stock. 

Investors locked in profits on Central European Media (Nasdaq: CETV).

Goldman Sachs downgraded Orbitz Worldwide (NYSE: OWW) from a Neutral rating to a Sell rating.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 held steady at 1872. Bitcoin eased $4.08 or 0.66% to $611.42.

The markets opened mixed with the Dow rising 22 points to 16,358 as investors await comments from Federal Reserve Chair Janet Yellen. Nasdaq slipped 5 points to 4327. 

On the upside 

Synthesis Energy Systems (Nasdaq: SYMX) and Zhangjiagang Chemical Machinery received a 20-year business license from China for their joint venture ZCM-SES Sino-U.S. Clean Energy Technologies.

Horizon Pharma (Nasdaq: HZNP) will pay approximately $660 million in cash and stock to acquire Vidara Therapeutics International.

KB Home (NYSE: KBH) swung to a greater than expected profit for the first quarter.

On the downside


Renren (NYSE: RENN) reversed year ago losses to post a profit for the fourth quarter but the Chinese social networking site forecast current quarter revenue below expectations. 

Profit taking weighed down shares of BG Medicine (Nasdaq: BGMD).

Investors locked in profits on Geron (Nasdaq: GERN).

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 added a point to 1873. Bitcoin eased $4.55 or 0.74% to $610.95.

The markets closed higher with the Dow gaining 88 points to 16,336 as concerns about a global crisis in Ukraine lessened. Nasdaq climbed 53 points to 4333. 

On the upside 

xG Technology (Nasdaq: XGTI) expanded the availability of its xMax broadband networking equipment for wide release.

A Seeking Alpha contributor expects Oculus Innovative Sciences (Nasdaq: OCLS) to double after subsidiary Ruthigen makes its initial public offering.

Shares of BG Medicine (Nasdaq: BGMD) soared ahead of its earnings release on Thursday.

On the downside


Fuel cell makers Plug Power (Nasdaq: PLUG) and Ballard Power Systems (Nasdaq: BLDP) extended their losses. 

Investors locked in profits on YOU On Demand (Nasdaq: YOD).

Profit taking weighed down shares of Star Scientific (Nasdaq: STSI).

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 14 points to 1872. Bitcoin eased $3.75 or 0.60% to $616.55.

The markets traded higher during the midday with the Dow climbing 74 points to 16,321 as tensions eased in Ukraine. Nasdaq gained 39 points to 4318. 

On the upside 

A Seeking Alpha contributor noted that the clinical trial hold on Geron's (Nasdaq: GERN) Imetelstat was temporary.

Soros Fund Management acquired a 9.18% stake in Penn Virginia (NYSE: PVA).

Credit Suisse upgraded 21Vianet Group (Nasdaq: VNET) from a Neutral rating to an Outperform rating.

On the downside


Yingli Green Energy (NYSE: YGE) reported a wider than expected loss for the fourth quarter. 

Piper Jaffray downgraded KiOR (Nasdaq: KIOR) from an Overweight rating to a Neutral rating.

Oxygen Biotherapeutics (Nasdaq: OXBT) priced its public offering of common stock at the discounted price of $5.60 per share.

In the broad market, advancing issues outpaced decliners 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 gained 10 points to 1869. Bitcoin slipped $11.15 or 1.80% to $609.14.

Easing tensions in Ukraine lifted the markets to higher open with the Dow soaring 110 points to 16,58. Nasdaq gained 33 points to 4313. 

On the upside 

MagneGas (Nasdaq: MNGA) extended its gains.

Prosena Holding (Nasdaq: RNA) reported encouraging 48-week data from a Phase II study of drisapersen in treating Duchenne Muscular Dystrophy.

Alphatec Holdings (Nasdaq: ATEC) settled ongoing litigation with OrthoTec by agreeing to pay $49 million over the next 7 years.

On the downside


Galena Biopharma (Nasdaq: GALE) disclosed that the Securities and Exchange Commission was investigating the company for engaging in a stock promotion campaign. 

NewLead Holdings (Nasdaq: NEWL) extended its losses.

Global Geophysical Services (NYSE: GGS) must restate past financial reports due to accounting errors.

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 gained 12 points to 1871. Bitcoin slipped $10.47 or 1.69% to $609.83.

The markets soared to a sharply higher close with the Dow leaping 181 points to 16,247 as February factory output surged more than expected. Nasdaq climbed 34 points to 4279. 

On the upside 

TheStreet.com said that CombiMatrix (Nasdaq: CBMX) had the potential to double or more.

YOU On Demand (Nasdaq: YOD) climbed again after announcing last week that the company secured agreements to offer popular children's titles through its YOU Kids On Demand subscription platform.

Bristol-Myers Squibb will invest $50.5 million in Five Prime Therapeutics (Nasdaq: FPRX) as part of a joint cancer immune therapies development deal.

On the downside


Investors locked in profits on Ballard Power Systems (Nasdaq: BLDP). 

Profit taking sank shares of NewLead Holdings (Nasdaq: NEWL).

Shares of Fortuna Silver Mines (NYSE: FSM) fell ahead of its earnings release.

In the broad market, advancing issues outpaced decliners by a margin of more the 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 soared 17 points to 1858. Bitcoin slipped $8.75 or 1.39% to $619.75.

A surge in February factory output sent the markets soaring during the midday with the Dow jumping 165 points to 16,231. Nasdaq leaped 41 points to 4286. 

On the upside 

Bargain hunters lifted shares of AirMedia Group (Nasdaq: AMCN).

Sky-mobi (Nasdaq: MOBI) entered a strategic partnership with China Unicom.

A Food and Drug Administration advisory panel recommended approval for STAAR Surgical's (Nasdaq: STAA) Visian Toric Implantable Lens.

On the downside


Wells Fargo downgraded Gray Television (NYSE: GTN) from an Outperform rating to a Market Perform rating. 

Raptor Pharmaceuticals (Nasdaq: RPTP) extended its losses.

Intercept Pharmaceuticals (Nasdaq: ICPT) reported adverse cardiac events in patients treated with its obeticholic acid.

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 surged 18 points to 1859. Bitcoin slipped $8.31 or 1.32% to $620.19.

Despite escalating tensions in Ukraine, the markets surged to a sharply higher open with the Dow leaping 180 points to 16,245 as factory production climbed 0.8% in February. Nasdaq soared 48 points to 4293. 

On the upside 

JA Solar Holdings (Nasdaq: JASO) reversed year ago losses to post a profit for the fourth quarter.

Kandi Technologies (Nasdaq: KNDI) fell to a loss for the fourth quarter due to non-cash charges but revenue soared.

Shares of Magnegas (Nasdaq: MNGA) continued rising.

On the downside


VeriSign (Nasdaq: VRSN) said that the National Telecommunications and Information Administration's intent to transition key Internet domain name functions would not affect business but Cowan & Co. downgraded the company from an Outperform rating to a Market Perform rating. 

Investors locked in profits on McEwen Mining (NYSE: MUX).

Wells Fargo downgraded Sinclair Broadcast Group (Nasdaq: SBGI) from an Outperform rating to a Market Perform rating.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 surged 18 points to 1859. Bitcoin slipped $9.46 or 1.50% to $619.04.

Ukraine Concerns Sink Stocks

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Global political concerns weighed the markets down to a lower close with the Dow losing 43 points to 16,065. Nasdaq fell 15 points to 4245. 

On the upside 

Companhia Siderurgica Nacional (NYSE: SID) will repurchase up to 70.2 million shares of company stock.

Scorpio Tankers (NYSE: STNG) will sell seven Very Large Crude Carriers that are currently under construction for a gain of approximately $50 million.

Axiom Capital upgraded JA Solar Holdings (Nasdaq: JASO) from a Sell rating to a Buy rating.

On the downside


Roth Capital downgraded Plug Power (Nasdaq: PLUG) from a Buy rating to a Neutral rating while Cowen downgraded the fuel cell developer from an Outperform rating to a Market Perform rating. 

AirMedia Group (Nasdaq: AMCN) extended its losses.

XO Group (NYSE: XOXO) fell to a greater than expected loss for the fourth quarter.

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 lost 5 points to 1841. Bitcoin slipped $10.23 or 1.60% to $627.75.

Markets Modestly Higher At Midday

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Cautious investors lifted the markets modestly during the midday with the Dow rising 27 points to 16,136. Nasdaq added 2 points to 4262. 

On the upside 

Shares of Castlight Health (NYSE: CSLT) more than doubled in its market debut.

Coffee Holding (Nasdaq: JVA) reported higher first quarter earnings.

VAALCO Energy (NYSE: EGY) reversed year ago losses to post a profit for the fourth quarter.

On the downside


Levi & Korsinsky filed a class action lawsuit against NII Holdings (Nasdaq: NIHD) for allegedly making false and misleading statements about the company's financial state. 

Ocean Power Technologies (Nasdaq: OPTT) reported a loss for the third quarter as revenue plunged to fall short of analyst expectations.

Dyax (Nasdaq: DYAX) priced its public offering of 8 million common shares at the discounted price of $9.25 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 added a point to 1848. Bitcoin slipped $8.23 or 1.29% to $629.75.

Flat Open Over Ukraine Concerns

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The markets opened flat with the Dow rising 16 points to 16,125 as investors continued to monitor developments in Ukraine. Nasdaq added 3 points to 4263. 

On the upside 

Ulta Salon (Nasdaq: ULTA) reported higher fourth quarter earnings and revenue that topped analyst estimates.

NewLead Holdings (Nasdaq: NEWL) will pay approximately $37.0 million for two eco-type Handysize bulk carriers.

Achillion Pharmaceuticals (Nasdaq: ACHN) made two presentations about the positive results of ACH-3102 in Phase 2 studies at the 23rd Asian Pacific Association for the Study of the Liver Conference 2014.

On the downside


Aeropostale (NYSE: ARO) widened fourth quarter losses more than expected and forecast current quarter earnings that fell far short of analyst expectations. 

The Rosen Law Firm launched an investigation into CytRx (Nasdaq: CYTR) for possible securities fraud.

Raptor Pharmaceuticals (Nasdaq: RPTP) reported a loss for the fourth quarter.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 added 3 points to 1849. Bitcoin lost $8.94 or 1.40% to $629.04.

A slowdown in the Chinese economy along with escalating tensions in Ukraine sent the markets tumbling to a sharply lower close with the Dow collapsing 231 points to 16,108. Nasdaq plummeted 62 points to 4260. 

On the upside 

Scientific Games (Nasdaq: SGMS) narrowed fourth quarter losses more than expected as revenue soared.

Chelsea Therapeutics (Nasdaq: CHTP) widened fourth quarter losses but with the recent approval of Northera, Wedbush expects the company to be an attractive acquisition target.

Unilife (Nasdaq: UNIS) entered a $60 million debt financing agreement with OrbiMed.

On the downside


Covisint (Nasdaq: COVS) reported preliminary fourth quarter revenue below analyst expectations. 

Discovery Laboratories (Nasdaq: DSCO) widened fourth quarter losses.

The Consumer Financial Protection Bureau opened an inquiry into World Acceptance (Nasdaq: WRLD) for possible violations of consumer protection laws.

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 2 on Nasdaq. The broader S&P 500 plunged 21 points to 1846. Bitcoin lost $4.09 or 0.64% to $633.88.

Retail sales rose 0.3% in February but the markets turned negative during the midday with the Dow falling 59 points to 16,280. Nasdaq lost 15 points to 4307. 

On the upside 

Ballard Power Systems (Nasdaq: BLDP) climbed on rival Plug Power's (Nasdaq: PLUG) upbeat outlook.

magicJack (Nasdaq: CALL) reported sharply higher fourth quarter earnings that more than doubled.

Tesaro (Nasdaq: TSRO) entered a strategic immuno-oncology collaboration with AnaptysBio.

On the downside


A Seeking Alpha contributor wrote that Galena Biopharma (Nasdaq: GALE) management reviewed and edited paid articles that promoted company stock. 

Gogo (Nasdaq: GOGO) narrowed fourth quarter losses but the stock price fell.

Horizon Pharma (Nasdaq: HZNP) widened fourth quarter losses even as revenue soared.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 lost 6 points to 1861. Bitcoin added $1.19 or 0.19% to $633.50

A drop in first time applications for unemployment benefits lifted the markets to a higher open with the Dow rising 26 points to 16,366. Nasdaq added 4 points to 4328. 

On the upside 

Plug Power (Nasdaq: PLUG) widened fourth quarter losses but revenue soared and the company expects orders to surge nearly fourfold in 2014.

Venaxis (Nasdaq: APPY) reported positive results from a study of its APPY1 Test to identify patients who are at low risk for appendicitis.

Hanwha Solar (Nasdaq: HSOL) narrowed fourth quarter losses as revenue climbed.

On the downside


Methode Electronics (NYSE: MEI) reported higher third quarter earnings and revenue but the stock price fell. 

A Seeking Alpha contributor wrote that CytRx (Nasdaq: CYTR) management was directly involved in reviewing and editing paid promotional articles that promoted the company.

ModusLink Global Solutions (Nasdaq: MLNK) priced its offering of $90 million in convertible senior notes.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 added 2 points to 1870. Bitcoin rose $5.52 or 0.87% to $637.82.

Mixed Close Over Economic Data

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The markets closed mixed with the Dow slipping 11 points to 16,340 over global economic concerns. Nasdaq gained 16 points to 4323. 

On the upside 

Chimerix (Nasdaq: CMRX) reached an agreement with the Food and Drug Administration to begin testing Brincidofovir in twenty patients.

Intrexon (NYSE: XON) appointed Dr. Kelly Huang as Senior Vice President its newly established Consumer Sector.

Shares of Telik (Nasdaq: TELK) continued rising.

On the downside


China TechFaith Wireless Communication Technology (Nasdaq: CNTF) fell to a loss for the fourth quarter.

Oppenheimer downgraded Northwest Biotherapeutics (Nasdaq: NWBO) from an Outperform rating to a Perform rating.

Investors locked in profits on Ocean Power Technologies (Nasdaq: OPTT).

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 edged up a fraction to 1868. Bitcoin added $3.11 or 0.49% to $633.87.

Mixed Markets Over Global Concerns

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The markets traded mixed during the midday with the Dow slipping 28 points to 16,323 as investors monitored global economic developments. Nasdaq rose 8 points to 4316. 

On the upside 

Shares of Plug Power (Nasdaq: PLUG) rose ahead of its earnings release tomorrow.

VeriFone Systems (NYSE: PAY) fell to a loss for the first quarter but the results were better than expected.

Goldman Sachs upgraded Infinera (Nasdaq: INFN) from a Neutral rating to a Buy rating.

On the downside


Purdue Pharma announced that it will submit an abuse-resistant version of hydrocodone to the Food and Drug Administration for approval later this year sending shares of Zogenix (Nasdaq: ZGNX), which just introduced Zohydro, tumbling.

Express (NYSE: EXPR) reported lower fourth quarter earnings that fell short of analyst expectations and forecast current quarter earnings well below estimates.

Tullow Oil declared force majeure on an offshore Guinea project that is being developed in partnership with Hyperdynamics (NYSE: HDY).

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 slipped 2 points to 1865. Bitcoin added $5.29 or 0.84% to $636.04.

Global economic concerns weighed the markets down to a sharply lower open with the Dow dropping 80 points to 16,270. Nasdaq tumbled 35 points to 4271. 

On the upside 

Share of OXiGENE (Nasdaq: OXGN) continued rising.

Capstone Turbine (Nasdaq: CPST) received a follow-on order for fifty Capstone C65 microturbines from Horizon Power Systems.

Energy XXI will pay approximately $1.53 billion in cash and stock to acquire EPL Oil & Gas (NYSE: EPL).

On the downside


The Food and Drug Administration placed Geron's (Nasdaq: GERN) Investigational New Drug Application for imetelstat on full clinical hold.

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

Stifel Nicolaus downgraded Synta Pharmaceuticals (Nasdaq: SNTA) from a Hold rating to a Sell rating.

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 1855. Bitcoin slipped $1.75 or 0.28% to $629.00.

Lower Close With Little Data

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With little economic data to motivate investors, the markets closed lower with the Dow falling 67 points to 16,351. Nasdaq dropped 27 points to 4307. 

On the upside 

OXiGENE (Nasdaq: OXGN) reported positive results from a Phase 2 study of Avastin to treat recurring ovarian cancer.

The Food and Drug Administration determined that Senomyx's (Nasdaq: SNMX) Sweetmyx food flavoring was safe.

Global Hunter Securities upgraded Knightbridge Tankers (Nasdaq: VLCCF) from a Neutral rating to a Buy rating.

On the downside


Analysts expect Real Goods Solar (Nasdaq: RGSE) to report a loss for the fourth quarter next week.

Sunshine Heart (Nasdaq: SSH) reported a wider than expected loss for the fourth quarter.

Bridgepoint Education (NYSE: BPI) fell to a greater than expected loss for the fourth quarter.

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 2 on Nasdaq. The broader S&P 500 fell 9 points to 1867. Bitcoin rose $8.87 or 1.44% to $624.53.

The markets turned negative during the midday with the Dow losing 34 points to 16,383 despite little economic news as investors continued to monitor global developments. Nasdaq slipped 7 points to 4326. 

On the upside 

La Jolla Pharmaceutical (Nasdaq: LJPC) reported positive results from a Phase 2 clinical trial of its chronic kidney disease treatment GCS-100.

Northwest Biotherapeutics (Nasdaq: NWBO) extended its gains.

A rally in the alternative fuels sector sent shares of Clean Diesel Technologies (Nasdaq: CDTI) and Ocean Power Technologies (Nasdaq: OPTT) soaring.

On the downside


Plug Power (NYSE: PLUG) completed its registered offering of approximately 3.9 million common shares.

Profit taking sank shares of Arotech (Nasdaq: ARTX).

Investors locked in profits on Ballard Power Systems (Nasdaq: BLDP).

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 lost 4 points to 1872. Bitcoin added $4.40 or 0.71% to $620.98.

Flat Open On Little Economic News

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The markets opened flat with the Dow adding 10 points to 16,429 while Nasdaq rose 12 points to 4346 with little economic news to motivate investors. 

On the upside 

FuelCell (Nasdaq: FCEL) narrowed first quarter losses as revenue soared.

Clean Diesel Technologies (Nasdaq: CDTI) will begin producing its high-performance Mixed Phase Catalyst technology for the Honda 2015 Acura TLX.

Elliott Associates acquired a 4.99% stake in Boyd Gaming (NYSE: BYD).

On the downside


American Eagle Outfitters (NYSE: AEO) reported sharply lower fourth quarter earnings and forecast first quarter results well below analyst estimates.

A U. S. court denied Myriad Genetics' (Nasdaq: MYGN) motion to stop a rival from selling genetic tests that were similar to Myriad's.

Fuel-Tech (Nasdaq: FTEK) swung to a profit for the fourth quarter but the results missed expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 held steady at 1877. Bitcoin added $2.76 or 0.45% to $618.42.

The markets closed lower with the Dow losing 34 points to 16,418 as Japan's economic growth slowed and China's exports dropped. Nasdaq eased a point to 4334. 

On the upside 

The Wall Street Journal reported that a McClatchy Co. (NYSE: MNI) joint venture will sell Cars.com for up to $3 billion.

Shares of Infosonics (Nasdaq: IFON) continued climbing.

Chiquita Brands (NYSE: CQB) will merge with Fyffes in an all stock transaction.

On the downside


eCommerce China Dangdang (NYSE: DANG) dropped after Tencent acquired a 15% stake in JD.com.

Walter Energy (NYSE: WLT) will amend its credit facility.

Shares of Concord Medical Services (NYSE: CCM) continued falling.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 1877. Bitcoin lost $20.09 or 3.15% to $617.20.

The Japanese economy expanded at a slower than expected pace in the fourth quarter to weigh the markets down during the midday with the Dow falling 56 points to 16,396. Nasdaq slipped 5 points to 4330. 

On the upside 

The Paul Ehrlich Institute approved a Hospital Exemption for Northwest Biotherapeutics' (Nasdaq: NWBO) DCVax-L to treat glioma brain tumors and the German reimbursement authority approved reimbursement from the Sickness Funds for DCVax-L treatments.

Montage Technology Group (Nasdaq: MONT) received an offer to acquire the company from Shanghai Pudong Science and Technology Investment for a premium of $21.50 per share in cash.

Northland Capital lifted its price target on Himax Technologies (Nasdaq: HIMX) from $17.50 to $20.

On the downside


Profit taking weighed down shares of Sky-mobi (Nasdaq: MOBI). 

Investors locked in profit on 58.com (NYSE: WUBA).

Seeking Alpha noted that Cimatron's (Nasdaq: CIMT) price surge over the past year was due to 3D printing but the company had earned no revenue from 3D printing.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 lost 2 points to 1875. Bitcoin slipped $14.23 or 2.23% to $623.05.

A sharp drop in Chinese exports sent the markets tumbling to a lower open with the Dow plunging 108 points to 16,344. Nasdaq fell 25 points to 4310. 

On the upside 

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

A Seeking Alpha contributor wrote that Ballard Power (Nasdaq: BLDP) had the most potential among fuel cell makers.

Revolution Lighting Technologies (Nasdaq: RVLT) will pay approximately $35.6 million to acquire Value Lighting.

On the downside


Investors locked in profits on Smith Micro Software (Nasdaq: SMSI). 

Biostar Pharmaceuticals (Nasdaq: BSPM) executed an agreement for $4.1 million worth of common stocks and warrants through a registered direct offering.

Dot Hill Systems (Nasdaq: HILL) extended its losses.

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 dropped 10 points to 1867 Bitcoin slipped $16.01 or 2.51% to $621.27.

Mixed Close Over Economic Data

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The markets closed mixed with the Dow gaining 30 points to 16,452 as an uptick in the nation's unemployment rate tempered enthusiasm for strong jobs growth. Nasdaq lost 15 points to 4336. 

On the upside 

Shares of Coupons.com (NYSE: COUP) surged on its first trading day.

Arotech (Nasdaq: ARTX) successfully tested an iron flow battery for power grid storage.

FuelCell Energy (Nasdaq: FCEL) received a $2.8 million award from the Energy Department to demonstrate the tri-generational capabilities of a Direct FuelCell power plant for industrial applications.

On the downside


NewLink Genetics (Nasdaq: NLNK) will continue its IMPRESS phase 3 study of algenpantucel-L to treat pancreatic cancer without any modifications. Investors had hoped that promising trial data would result in an early end to the study. 

Analogic (Nasdaq: ALOG) reported higher second quarter earnings and revenue but the results fell short of analyst expectations.

xG Technology (Nasdaq: XGTI) reported a loss for the fourth quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 5 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 added a point to 1878. Bitcoin lost $32.23 or 4.92% to $622.94.

The markets traded mixed during the midday with the Dow rising 16 points to 16,438 while Nasdaq fell 22 points to 4330 despite strong job growth as the nation's unemployment rate inched up to 6.7%. 

On the upside 

Shares of Sky-mobi (Nasdaq: MOBI) continued rising after a Seeking Alpha contributor wrote yesterday that the company was undervalued.

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

Third quarter earnings surged for Korn/Ferry International (NYSE: KFY) to beat analyst expectations as revenue climbed.

On the downside


Novatel Wireless (Nasdaq: NVTL) widened fourth quarter losses more than expected and forecast current quarter earnings and revenue below estimates.

Alaska Communications Systems (Nasdaq: ALSK) fell to a loss for the fourth quarter as revenue dropped.

Furmanite (NYSE: FRM) reported higher fourth quarter earnings but the results missed expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by more than 5 to 4 on Nasdaq. The broader S&P 500 gained 5 points to 1882. Bitcoin lost $32.24 or 4.92% to $622.93.

Strong Job Growth Lifts Markets

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Stronger than expected job growth in February lifted the markets to a higher open with the Dow gaining 59 points to 16,481. Nasdaq lost 11 points to 4340. 

On the upside 

Skullcandy (Nasdaq: SKUL) reported lower fourth quarter earnings and revenue but the results were better than expected prompting an upgrade.

Fourth quarter earnings slipped for Big Lots (NYSE: BIG) but revenue beat expectations.

Smith Micro Software (Nasdaq: SMSI) narrowed losses for the fourth quarter.

On the downside


Investors locked in profits on Pixelworks (Nasdaq: PXLW).

Goldman Sachs downgraded Alpha Natural Resources (NYSE: ANR) to a Sell rating after the company announced on Wednesday that it must pay $27.5 million in civil penalties for exceeding water discharge permit limits.

FIreEye (Nasdaq: FEYE) priced its follow-on offering of 14 million common shares at the discounted price of $82 per share.

In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 added 2 points to 1879. Bitcoin lost $26.59 or 4.06% to $628.58.

Falling mortgage rates boosted the markets to a higher close with the Dow gaining 61 points to 16,421. Nasdaq slipped 5 points to 4352. 

On the upside 

BJ's Restaurants (Nasdaq: BJRI) announced that shareholders PW Partner Atlas Fund II and Luxor Capital Partners will nominate five representative to run for seats to the Board of Directors.  Clinton Relational Opportunity Master Fund will also nominate five representatives to run for seats on the Board.

Agios Pharmaceuticals (Nasdaq: AGIO) widened losses for the fourth quarter but revenue topped analyst estimates.

China Zenix Auto International (NYSE: ZX) named Martin Cheung to the position of chief financial officer.

On the downside


Cross Country Healthcare (Nasdaq: CCRN) widened fourth quarter losses more than expected as revenue fell.

Investors locked in profits on Avanir Pharmaceuticals (Nasdaq: AVNR).

Profit taking weighed down shares of Origin Agritech (Nasdaq: SEED).

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by 10 to 9 on Nasdaq. The broader S&P 500 added 3 points to 1877. Bitcoin slipped $6.87 or 1.04% to $652.55.

The markets advanced during the midday with the Dow climbing 77 points to 16,437 as jobless claims dropped more than expected. Nasdaq added 3 points to 4361. 

On the upside 

Energy Recovery (Nasdaq: ERII) reversed year ago losses to post a better than expected profit for the fourth quarter as revenue surged.

Infosonics (Nasdaq: IFON) swung to a profit for the fourth quarter as revenue soared.

Yingli Green Energy (NYSE: YGE) received the Barbarian at the Gate designation from Trade-Ideas.

On the downside


Brower Piven filed a class action lawsuit against Galena Biopharma (Nasdaq: GALE) alleging securities violations.

Investors locked in profits on xG Technology (Nasdaq: XGTI).

Fourth quarter earnings tumbled for AirMedia (Nasdaq: AMCN) as revenue slipped.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 rose 5 points to 1879. Bitcoin slipped $9.90 or 1.50% to $649.52.

A greater than expected drop in first time applications for unemployment benefits lifted the markets to a higher open with the Dow gaining 65 points to 16,425. Nasdaq added 3 points to 4361. 

On the upside 

Pixelworks (Nasdaq: PXLW) disclosed that sales to Apple (Nasdaq: AAPL) accounted for more than 10% of its revenue.

The first clinical study of Sangamo Biosciences' (Nasdaq: SGMO) zinc finger nuclease-based genome editing technology in humans was published in the New England Journal of Medicine.

Porta Hnos signed a letter of intent to be the exclusive licensee of Gevo's (Nasdaq: GEVO) GIFT technology in Argentina.

On the downside


Staples (Nasdaq: SPLS) reported higher fourth quarter earnings but the results fell short of expectations as revenue dropped and the office supplies retailer announce that it will close 225 stores.

Dot Hill Systems (Nasdaq: HILL) swung to a profit for the fourth quarter as revenue rose but the results fell short of analyst expectations.

The Children's Place (Nasdaq: PLCE) reported lower fourth quarter earnings as revenue slipped and forecast current quarter earnings below 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 7 to 5 on Nasdaq. The broader S&P 500 added 4 points to 1878. Bitcoin lost $12.43 or 1.88% to $647.00.

Flat Close On Weak Jobs Data

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The markets closed flat with the Dow losing 35 points to 16,360 as tensions eased in Ukraine while jobs data disappointed. Nasdaq added 6 points to 4357. 

On the upside 

TheStreet expects Renren (NYSE: RENN) to post a loss for the fourth quarter after market close on March 18 but the stock price climbed.

Shares of Agria (NYSE: GRO) climbed ahead of its earnings release before market open tomorrow.

Third quarter earnings nearly tripled for AeroVironment (Nasdaq: AVAV) to surpass expectations by a wide margin.

On the downside


IMRIS (Nasdaq: IMRS) widened fourth quarter losses as revenue plunged.

MCG Capital (Nasdaq: MCGC) fell to a loss for the fourth quarter.

USEC (NYSE: USU) filed for Chapter 11 bankruptcy protection.

In the broad market, declining issues barely edged out advancers by a slim margin of nearly 10 to 9 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 1873. Bitcoin slipped $5.89 or 0.89% to $656.55.

Jobs Data Weighs Down Markets

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Disappointing jobs data weighed the markets down during the midday with the Dow losing 30 points to 16,365. Nasdaq gained 8 points to 4360. 

On the upside 

xG Technology (Nasdaq: XGTI) will present at the 26th Annual ROTH Conference.

RBC Capital Markets analyst Michael Yee initiated coverage of Arrowhead Research (Nasdaq: ARWR) with an Outperform rating and a price target of $35.

Maxwell Technologies (Nasdaq: MXWL) introduced its ultracapacitor-based Engine Start Module for medium duty diesel trucks.

On the downside


Hovnanian Enterprises (NYSE: HOV) widened first quarter losses more than expected due to bad weather.

Stock holders did not approve a proposed merger agreement between Yongye International (Nasdaq: YONG) and Full Alliance International.

Endeavour International (NYSE: END) widened fourth quarter losses more than expected.

In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 edged up a point to 1874. Bitcoin slipped $7.12 or 1.07% to $655.32.

The markets opened flat with the Dow slipping 6 points to 16,389 as the economy added fewer than expected jobs in February. Nasdaq rose 5 points to 4357. 

On the upside 

Smith & Wesson (Nasdaq: SWHC) reported higher fourth quarter earnings and revenue that beat analyst expectations.

Peregrine Pharmaceuticals (Nasdaq: PPHM) announced that three data presentations will discuss the immune-oncology and anti-viral potential of phosphatidylserine-targeting antibodies.

Shares of FuelCell Energy (Nasdaq: FCEL) continued rising.

On the downside


XOMA (Nasdaq: XOMA) will stop testing its arthritis treatment gevokizumab after it failed two mid-stage studies.

Ceres (Nasdaq: CERE) priced its public offering of 20 million common shares at the discounted price of $1.00 per share.

Canadian Solar (Nasdaq: CSIQ) swung to a profit for the fourth quarter but the results fell far 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 nearly 3 to 2 on Nasdaq. The broader S&P 500 added 2 points to 1876. Bitcoin eased $2.94 or 0.44% to $659.50.

The easing of tensions in Ukraine sent the markets soaring to a sharply higher close with the Dow rocketing 227 points to 16,395. Nasdaq leaped 74 points to 4351. 

On the upside 

JinkoSolar Holding (NYSE: JKS) swung to a profit for the fourth quarter as revenue surged.

Regatta Solutions ordered two Capstone C800 and a Capstone C1000 natural gas micro turbines and from Capstone Turbine (Nasdaq: CPST).

INSYS Therapeutics (Nasdaq: INSY) reversed year ago losses to post a profit for the fourth quarter and announced a three-for-two stock split.

On the downside


Gentiva Health Services (Nasdaq: GTIV) disappointed with an unexpected loss for the fourth quarter.

The Law Offices of Howard G. Smith opened an investigation into Forest Oil (NYSE: FST) for possible securities violations.

Acura Pharmaceuticals (Nasdaq: ACUR) widened losses for the fourth quarter.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 leaped 28 points to 1873. Bitcoin edged up $4.94 or 0.75% to $664.50.

The withdrawal of Russian troops from the Ukrainian border allayed fears of a potential war. The markets extended its gains during the midday with the Dow rocketing 221 points to 16,389. Nasdaq leaped 75 points to 4353. 

On the upside 

Fourth quarter earnings quadrupled for Vipshop (NYSE: VIPS) to surpass analyst expectations as revenue surged and the company forecast current quarter revenue ahead of estimates.

Shares of EPAM Systems (NYSE: EPAM) rebounded as tensions eased in Ukraine.

Sutor Technology (Nasdaq: SUTR) will supply Samsung Group with 6,500 metric tons of aluminum-zinc alloy coated steel.

On the downside


The Food and Drug Administration requested additional information for Atossa Genetics' (Nasdaq: ATOS) ForeCYTE Breast Aspirator.

A Seeking Alpha contributor expects Dendreon (NYSE: DNDN) to continue losing money.

Mandalay Digital Group (Nasdaq: MNDL) priced its public offering of common stock at the discounted price of $4.10 per share.

In the broad market, advancing issues outpaced decliners by a margin of more than 6 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 leaped 26 points to 1872. Bitcoin added $17.88 or 2.71% to $677.44.

The markets rebounded with the Dow leaping 198 points to 16,366 as tensions in Ukraine eased. Nasdaq jumped 68 points to 4345. 

On the upside 

Plug Power (Nasdaq: PLUG), FuelCell Energy (Nasdaq: FCEL) and Ballard Power Systems (Nasdaq: BLDP) all extended their gains.

The Food and Drug Administration lifted its clinical hold on Oxygen Biotherapeutics' (Nasdaq: OXBT) Oxycyte which will allow the company to begin a clinical development program in the U.S.

Morgan Stanley upgraded SunEdison (NYSE: SUNE) from an Equal Weight rating to an Overweight rating.

On the downside


RadioShack (NYSE: RSH) widened fourth quarter losses more than expected and announced plans to close 1,100 stores.

McDermott International (NYSE: MDR) fell to an unexpected loss for the fourth quarter and withdrew its previous guidance.

BioLineRx (Nasdaq: BLRX) priced its public offering of 8.4 million American Depositary Shares at the discounted price of $2.50 per ADS.

In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 1 on the NYSE and by more than 7 to 1 on Nasdaq. The broader S&P 500 jumped 23 points to 1868. Bitcoin gained $33.58 or 5.09% to $693.14.

A potential war between Russia and Ukraine sent the markets tumbling to a sharply lower close with the Dow plunging 153 points to 16,168. Nasdaq fell 30 points to 4277. 

On the upside 

ChinaCache International (Nasdaq: CCIH) announced a $55 million private placement by unnamed institutional investors.

Bargain hunters lifted shares of Microvision (Nasdaq: MVIS).

Shares of Ballard Power (Nasdaq: BLDP) and FuelCell Energy (Nasdaq: FCEL) continued rising on news last week of fellow alternative fuel cell maker Plug Power's (Nasdaq: PLUG) purchase order from Wal-Mart (NYSE: WMT).

On the downside


Shares of EPAM Systems (NYSE: EPAM) plunged after Russian troops invaded Ukraine. EPAM has delivery centers in Ukraine and Russia.

A Seeking Alpha contributor wrote that the crisis in Ukraine will negatively impact Capstone Turbine (NYSE: CPST).

Investors locked in profits on Central European Media Enterprises (Nasdaq: CETV).

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 dropped 13 points to 1845. Bitcoin climbed $99.48 or 18.01% to $651.95.

The escalating crisis in Ukraine sent the markets tumbling during the midday with the Dow plummeting 175 points to 16,146. Nasdaq dropped 39 points to 4268. 

On the upside 

Cowen & Co. lifted their price target on Plug Power (Nasdaq: PLUG) from $5 to $5.50.

Vimicro International (Nasdaq: VIMC) raised its revenue guidance for the fourth quarter and forecast higher first quarter revenue.

RadNet (Nasdaq: RDNT) swung to a profit for the fourth quarter as revenue rose.

On the downside


Celldex (NYSE: CLDX) widened fourth quarter losses as revenue tumbled. 

Nu Skin Enterprises (NYSE: NUS) reported sharply higher fourth quarter earnings and revenue but the company forecast current quarter results that fell short of analyst expectations.

Investors locked in profits on Trina Solar (NYSE: TSL).

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 tumbled 15 points to 1844. Bitcoin climbed $108.21 or 19.59% to $660.68.

Despite upbeat economic data, the markets opened sharply lower with the Dow collapsing 170 points to 16,150 over concerns of a potential war in Ukraine. Nasdaq plunged 51 points to 4257. 

On the upside 

Reports that Indonesia may lower mineral concentrates export tax lifted shares of Newmont Mining (NYSE: NEM).

Dendreon (Nasdaq: DNDN) widened losses for the fourth quarter but the results were better than expected.

xG Technology (Nasdaq: XGTI) received a patent for cognitive radios.

On the downside


Darden Restaurants (NYSE: DRI) forecast third quarter earnings well below analyst expectations due to severe weather conditions. 

Russia's invasion of Ukraine sent shares of Mobile Telesystems (NYSE: MBT) and Yandex (Nasdaq: YNDX) tumbling.

Akorn (Nasdaq: AKRX) reported higher fourth quarter earnings and revenue but the company forecast 2014 results below expectations.

In the broad market, declining issues outpaced advancers 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 tumbled 17 points to 1842. Bitcoin gained $49.18 or 8.90% to $601.64.

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