August 2014 Archives

Consumer spending eased 0.1% last month but consumer confidence climbed to its highest level in seven years. The markets closed modestly higher with the Dow rising 18 points to 17,098. Nasdaq gained 22 points to 4580.

On the upside 

Ivanhoe Energy (Nasdaq: IVAN) responded to a surge in its stock price by saying that it was unaware of any contributing factors.

Bargain hunters snapped up shares of Ascent Solar Technologies (Nasdaq: ASTI).

Rally Software Development (NYSE: RALY) widened losses for the second quarter but the results were better than expected and the company forecast full year earnings ahead of estimates.

On the downside 

Investors locked in profits on China Finance Online (Nasdaq: JRJC).

Pacific Sunwear (Nasdaq: PSUN) swung to a profit for the second quarter but the company forecast current quarter earnings that fell short of analyst expectations.

Profit taking weighed down shares of Jumei International (NYSE: JMEI). 

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 gained 6 points to close at a record 2003. Bitcoin added $2 to $507.

The markets recovered early morning losses during the midday with the Dow easing a point to 17,077 as consumer sentiment rose. Nasdaq gained 15 points to 4573.

On the upside 

Veeva Systems (NYSE: VEEV) reported higher second quarter earnings and revenue that beat analyst expectations, forecast current quarter results ahead of estimates and lifted its full year outlook.

Les Echos reported that Criteo (Nasdaq: CRTO) may be acquired by Publicis Groupe.

Shares of Digital Ally (Nasdaq: DGLY) continued soaring.

On the downside 

Zoe's Kitchen (NYSE: ZOES) reported higher second quarter earnings and revenue but the stock price dropped.

Profit taking continued to weigh down Sunesis Pharmaceuticals (Nasdaq: SNSS).

Investors locked in profits on Amicus Therapeutics (Nasdaq: FOLD). 

In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 3 points to 2000. Bitcoin added $3 to $508.

Despite a better than expected gain in consumer sentiment, the markets opened lower with the Dow falling 39 points to 17,040 as the United Kingdom increased its terror threat level to Severe. Nasdaq slipped 3 points to 4554.

On the upside 

RadioShack (NYSE: RSH) continued climbing.

The9 Limited's (Nasdaq: NCTY) joint venture with Qihoo 360 Technology (NYSE: QIHU), System Link Limited, entered a five year license agreement in China to publish and operate Firefall.

Splunk (Nasdaq: SPLK) widened losses for the second quarter but revenue soared to beat analyst expectations and the company forecast current quarter and full year revenue ahead of expectations.

On the downside 

Kandi Technologies (Nasdaq: KNDI) entered an agreement for a registered direct placement of $71 million worth of common stock.

Falling iron ore prices weighed down shares of Vale (NYSE: VALE).

Investors locked in profits on SGOCO Group (Nasdaq: SGOC). 

In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 held steady at 1996. Bitcoin held steady at $505.

The nation's economy expanded at a strong 4.2% in the second quarter but the markets closed lower with the Dow falling 42 points to 17,079 as Russian troops joined rebels fighting government forces in southern Ukraine. Nasdaq lost 11 points to 4557.

On the upside 

EZchip Semiconductor (Nasdaq: EZCH) cancelled upcoming appearances at brokerage events sparking speculation that the company may be acquired.

Hanwha SolarOne (Nasdaq: HSOL) narrowed losses for the second quarter even as revenue slipped.

Dougherty & Co. analyst Charlie Anderson expects strong sales for GoPro (Nasdaq: GPRO) during the lucrative holiday shopping season.

On the downside 

Profit taking sank shares of TubeMogul (Nasdaq: TUBE).

Genesco (NYSE: GCO) disappointed with sharply lower second quarter earnings that missed expectations by a wide margin and cut its full year earnings outlook.

Falling iron ore prices weighed down shares of Cliffs Natural Resources (NYSE: CLF). 

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 slipped 3 points to 1996. Bitcoin lost $5 to $507.

The markets recovered early morning losses but continued to trade in negative territory with the Dow losing 28 points to 17,093 despite a drop in jobless claims as the Ukrainian conflict intensified. Nasdaq slipped 7 points to 4562.

On the upside 

The Michigan State Police extended and increased its contract with Digital Ally (Nasdaq: DGLY) and submitted its first purchase order valued at over $1.1 million.

Reports circulated that RadioShack (NYSE: RSH) may be exploring a possible refinancing package or a bankruptcy filing.

A Wired report that the iPhone 6 (Nasdaq: AAPL) would support mobile payments lifted shares of cashless payment solutions provider On Track Innovations (Nasdaq: OTIV).

On the downside 

BTIG Research analyst Will Frohnhoefer downgraded J.C. Penney (NYSE: JCP) from a Buy rating to a Neutral rating.

Second quarter earnings for Sungy Mobile (Nasdaq: GOMO) plunged to fall far short of analyst expectations and the company forecast current quarter revenue below estimates prompting a downgrade.

Violin Memory (NYSE: VMEM) narrowed losses for the second quarter but revenue dropped to miss estimates. 

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 eased a point to 1998. Bitcoin lost $6 to $505.

The markets tumbled to a sharply lower open with the Dow dropping 70 points to 17,051 as Russian troops entered Ukraine. Nasdaq lost 13 points to 4555.

On the upside 

Repros Therapeutics (Nasdaq: RPRX) reported superior results for its Androxal in treating hypogonadism.

Speculation that Tekmira (Nasdaq: TKMR) may be acquired lifted shares of the Ebola disease treatment developer.

SGOCO Group (Nasdaq: SGOC) launched an on-line sales platform on JD.com.

On the downside 

Williams-Sonoma (NYSE: WSM) reported higher second quarter earnings but the home furnishings retailer forecast current quarter and full year earnings below expectations.

Second quarter earnings rose for Abercrombie & Fitch (NYSE: ANF) but revenue fell.

Guess? (NYSE: GES) disappointed with sharply lower second quarter earnings that missed analyst estimates as revenue slipped and forecast current quarter as well as full year results below expectations. 

In the broad market, declining issues outpaced advancers 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 lost 6 points to 1993. Bitcoin slipped $7 to $505.

Flat close as ECB mulls rates

|

The markets closed flat with the Dow rising 15 points to 17,122 as the European Central Bank appeared less likely to lower interest rates. Nasdaq eased a point to 4569.

On the upside 

Shares of Amicus Therapeutics (Nasdaq: FOLD) continued soaring after reporting successful late stage trial results last week.

Mobileye (NYSE: MBLY) stock extended its gains from yesterday.

Michaels (Nasdaq: MIK) fell to a loss for the second quarter but the results were better than expected.

On the downside 

Investors locked in profits on China Finance Online (Nasdaq: JRJC).

Vapor (Nasdaq: VPCO) ended its asset purchase agreement with International Vapor Group.

Janney Capital Markets downgraded Facebook (Nasdaq: FB) from a Buy rating to a Neutral rating. 

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE while decliners edged out advancers by 9 to 7 on Nasdaq. The broader S&P 500 held steady at 2000. Bitcoin rose $5 to $513.

The markets traded flat during the midday with the Dow rising 13 points to 17,119 as S&P hovered near its record 2000 close. Nasdaq edged up a fraction to 4571.

On the upside 

TubeMogul (Nasdaq: TUBE) swung to an unexpected profit for the second quarter as revenue more than doubled.

China's National Quality Control & Inspection Center for Buses approved Highpower International's (Nasdaq: HPJ) 20Ah lithium-ion battery.

NetSol Technologies (Nasdaq: NTWK) signed a $16 million contract to implement its next generation software platform NFS Ascent.

On the downside 

Digital Ally (Nasdaq: DGLY) announced a private placement of $4 million in senior convertible notes.

Fourth quarter earnings plunged for Solera Holdings (NYSE: SLH).

Profit taking sank shares of Autohome (NYSE: ATHM). 

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE while decliners edged out advancers by nearly 5 to 4 on Nasdaq. The broader S&P 500 held steady at 2000. Bitcoin added $3 to $511.

Flat open after S&P 500 record

|

The markets opened flat with the Dow adding 2 points to 17,109 after S&P 500 set a record close. Nasdaq lost 4 points to 4566.

On the upside 

Second quarter earnings and revenue for Express (NYSE: EXPR) topped analyst estimates prompting the specialty apparel retailer to lift its full year earnings outlook.

Shares of Image Sensing Systems (Nasdaq: ISNS) continued rising.

Aruba Networks (Nasdaq: ARUN) narrowed fourth quarter losses more than expected as revenue rose.

On the downside 

First quarter earnings and revenue fell for Smith & Wessen (Nasdaq: SWHC) prompting the firearms maker to cut its full year outlook.

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

Chico's FAS (NYSE: CHS) disappointed with lower second quarter earnings and revenue that missed estimates. 

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while decliners edged out advancers by more than 7 to 5 on Nasdaq. The broader S&P 500 slipped 2 points to 1998. Bitcoin added $3 to $511.

S&P closes at record 2000

|

While the Dow advanced modestly by gaining 29 points to 17,106 as investors continued to monitor global developments, S&P 500 added 2 points to close at a record 2000. Nasdaq rose 13 points to 4570.

On the upside 

Deutsche Bank analysts said that Arrowhead Research (Nasdaq: ARWR) was a good target for an acquisition.

Zacks Equity Research noted that Catalyst Pharmaceutical Partners (Nasdaq: CPRX) was a stock worth watching.

Acquisition speculation lifted shares of Isis Pharmaceuticals (Nasdaq: ISIS).

On the downside 

First quarter earnings plunged for iKang Healthcare Group (Nasdaq: KANG) on a per share basis.

Prospect Capital (Nasdaq: PSEC) disappointed with lower fourth quarter net income.

Xueda Education Group (Nasdaq: XUE) reported lower second quarter earnings even as revenue rose. 

In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 added 2 points to close at a record 2000. Bitcoin rose $5 to $508.

The markets traded higher during the midday with the Dow rising 46 points to 17,123 over a record jump in durable goods orders. Nasdaq gained 10 points to 4567.

On the upside 

Digital Ally (Nasdaq: DGLY) stock climbed for the fourth day in a row.

A Bloomberg report that China may invest $16 billion to build electric vehicle charging stations lifted shares of Kandi Technologies (Nasdaq: KNDI).

Shares of Image Sensing Systems (Nasdaq: ISNS), which makes image processing products for traffic management systems, climbed as tensions in Ferguson, Missouri continued two and a half weeks after the fatal shooting of Michael Brown.

On the downside 

Adept Technology (Nasdaq: ADEP) widened losses for the fourth quarter.

Doral Financial (NYSE: DRL) failed to settle tax claims against the Treasury Department of Puerto Rico.

Sanderson Farms (Nasdaq: SAFM) reported higher third quarter earnings and revenue but the results fell short of analyst expectations. 

In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 3 points to 2001. Bitcoin gained $9 to $512.

A strong 22.6% surge in durable goods orders lifted the markets to a higher open with the Dow gaining 44 points to 17,120. Nasdaq rose 6 points to 4564.

On the upside 

Burger King (NYSE: BKW) will pay approximately $11 billion in cash and stock to acquire Canadian coffee and doughnut chain Tim Hortons (NYSE: THI).

Kite Pharma (Nasdaq: KITE) reported upbeat results from an ongoing Phase 1-2a clinical trial of its non-Hodgkin's lymphoma treatment KTE-C19.

Second quarter earnings and revenue surpassed analyst expectations for DSW (NYSE: DSW) prompting the discount shoes retailer to lift its full year earnings outlook.

On the downside 

Trina Solar (NYSE: TSL) swung to a profit for the second quarter but revenue fell short of analyst expectations.

Shares of Qihoo 360 Technology (NYSE: QIHU) extended its losses.

Best Buy (NYSE: BBY) reported sharply lower second quarter earnings as revenue fell. 

In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2001. Bitcoin rose $5 to $508.

Stimulus speculation lifts markets

|

Speculation that the European Central Bank would enact economic stimulus measures lifted the markets to a higher close with the Dow gaining 75 points to 17,076. Nasdaq climbed 18 points to 4557.

On the upside 

Life Time Fitness (NYSE: LTM) has begun exploring the possibility of converting into a Real Estate Investment Trust.

Shares of China HGS Real Estate (Nasdaq: HGSH) extended its gains.

UBS said that Achillion Pharmaceuticals (Nasdaq: ACHN) may be a possible candidate for an acquisition.

On the downside 

China Ming Yang Wind Power Group (NYSE: MY) reversed year ago losses to post a profit for the second quarter but the stock price fell.

TheStreet cited multiple weaknesses for rating Molycorp (NYSE: MCP) a Sell.

Shares of Quicksilver Resources (NYSE: KWK) slipped after Market Realist wrote that natural gas prices have been falling. 

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 gained 9 points to 1997. Bitcoin lost $6 to $502.

Markets climb as S&P 500 tops 2000

|

The market traded higher during the midday with the Dow climbing 96 points to 17,097 as the S&P 500 topped 2000 for the first time this morning. Nasdaq rose 21 points to 4560.

On the upside 

The Patent Trial and Appeal Board upheld the validity of a Netlist (Nasdaq: NLST) patent.

Advaxis (Nasdaq: ADXS) entered a collaboration agreement with Merck.

Shares of Autohome (NYSE: ATHM) continued rising.

On the downside 

GrubHub (NYSE: GRUB) will sell 10 million common shares through a public offering.

Profit taking weighed down shares of TrueCar (Nasdaq: TRUE).

Investors locked in profits on Parkervision (Nasdaq: PRKR). 

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 11 points to 1999. Bitcoin lost $6 to $501.

M&A activity boosts markets

|

Merger and acquisition activity boosted the markets to a sharply higher open with the Dow soaring 101 points to 17,103. Nasdaq gained 27 points to 4565.

On the upside 

Roche will pay a premium of approximately $8.3 billion in cash to purchase InterMune (Nasdaq: ITMN).

Burger King (NYSE: BKW) engaged in negotiations to acquire Tim Hortons (NYSE: THI).

Shares of Digital Ally (Nasdaq: DGLY) surged again in anticipation of significant orders from law enforcement agencies for the company's body camera.

On the downside 

Qihoo 360 Technology (NYSE: QIHU) reported higher second quarter earnings as revenue surged but margins fell.

Regado Biosciences (Nasdaq: RGDO) ended a Phase 3 trial of its coronary artery disease treatment Revolixys due to safety concerns.

58.com (NYSE: WUBA) stock extended its losses. 

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 climbed 11 points to 1999. Bitcoin slipped $5 to $503.

Ukraine disputed Russian claims that a convoy of trucks that entered Ukraine was transporting humanitarian aid. The markets closed mixed with the Dow falling 38 points to 17,001 while Nasdaq rose 6 points to 4538.

On the upside 

Heat Biologics (Nasdaq: HTBX) widened second quarter losses but the biopharmaceutical reported encouraging preliminary Phase 1 safety data for its bladder cancer treatment Vesigenurtacel-L.

Bargain hunters lifted shares of Autohome (NYSE: ATHM).

Shares of Amicus Therapeutics (Nasdaq: FOLD) extended its gains.

On the downside 

Real Goods Solar (Nasdaq: RGSE) stock fell again after posting a wider loss earlier this week.

Investors locked in profits on Cisco (Nasdaq: CSCO).

Canaccord Genuity downgraded Cyberonics (Nasdaq: CYBX) from a Buy rating to a Hold rating. 

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE while advancers edged out decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 3 points to 1988. Bitcoin slipped $3 to $515.

Escalating tensions between Ukraine and Russia weighed the markets down during the midday with the Dow losing 26 points to 17,013. Nasdaq rose 6 points to 4538.

On the upside 

Clayton, Dubilier & Rice will invest $500 million in CHC Group (NYSE: HELI) through a private placement.

Keurig Green Mountain (Nasdaq: GMCR) entered a multi-year licensing agreement to manufacture and distribute Kraft (Nasdaq: KRFT) coffee in Keurig packs.

ParkerVision (Nasdaq: PRKR) added Samsung as an additional defendant to its patent infringement suit.

On the downside 

China New Borun (NYSE: BORN) reported lower second quarter earnings.

Ford (NYSE: F) recalls more than 160,000 cars.

Shares of Pioneer Energy Services (NYSE: PES) continued falling. 

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 slipped 2 points to 1990. Bitcoin eased $2 to $516.

Flat open over Yellen's comments

|

The markets opened flat with the Dow slipping 2 points to 17,036 after Federal Reserve chair Janet Yellen said that the job market continued to challenged. Nasdaq added 5 points to 4537.

On the upside 

Murata Electronics will acquire Peregrine Semiconductor (Nasdaq: PSMI) in an all cash transaction valued at approximately $471 million.

Dynegy (NYSE: DYN) will pay $6.25 billion to acquire coal and gas assets from Duke Energy and Energy Capital Partners.

Second quarter earnings more than doubled for GameStop (NYSE: GME) to beat expectations as revenue soared.

On the downside 

Aeropostale (NYSE: ARO) widened second quarter losses more than expected as revenue fell and the company forecast current quarter earnings below analyst estimates.

Second quarter earnings slipped for Ann (NYSE: ANN) prompting the women's apparel retailer to lower its 2015 revenue outlook.

58.com (NYSE: WUBA) appointed Tencent senior executive vice president Xiaoguang Wu as a director. 

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 7 on the NYSE and by 10 to 9 on Nasdaq. The broader S&P 500 held steady at 1992. Bitcoin slipped $2 to $516.

Upbeat data lifts markets

|

Upbeat economic data lifted the markets to a higher close with the Dow gaining 60 points to 17,039. Nasdaq added 5 points to 4532.

On the upside 

Bon-Ton Stores (Nasdaq: BONT) narrowed losses for the second quarter as revenue rose.

TrueCar (Nasdaq: TRUE) introduced a new platform that offers targeted incentives to insurance customers.

The Children's Place (Nasdaq: PLCE) narrowed second quarter losses more than expected and partnered with Arvind Lifestyle Brand to open stores in India.

On the downside 

Shares of Autohome (NYSE: ATHM) continued falling after ICBCI analyst said yesterday that the stock was overvalued.

Kirkland (NYSE: KIRK) widened second quarter losses.

Cyberonics (Nasdaq: CYBX) reported higher first quarter earnings and revenue but the results fell short of analyst expectations. 

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 rose 5 points to 1992. Bitcoin rose $12 to $519.

Jobless claims fall, markets advance

|

The markets continued advancing during the midday with the Dow climbing 86 points to 17,066 as first time applications for unemployment benefits fell more than expected. Nasdaq rose 4 points to 4531.

On the upside 

Shares of Digital Ally (Nasdaq: DGLY) continued climbing.

Xunlei (NYSE: XNET) fell to a loss for the second quarter but the stock price rose.

Bank of America (NYSE: BAC) settled charges from the mortgage crisis meltdown.

On the downside 

Second quarter earnings rose for Stage Stores (NYSE: SSI) but the results fell short of expectations and the company lowered its full year earnings outlook.

Investors locked in profits on J.C. Penney (NYSE: JCP).

Shares of Staples (Nasdaq: SPLS) extended its losses. 

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 rose 6 points to 1993. Bitcoin rose $14 to $521.

A better than expected increase in existing home sales lifted the markets to a higher open with the Dow gaining 50 points to 17,030. Nasdaq added 2 points to 4524.

On the upside 

EveryWare Global (Nasdaq: EVRY) will sell its United Kingdom business to HUK 54 Limited.

Hewlett-Packard (NYSE: HPJ) reported lower third quarter earnings but revenue rose to top analyst estimates.

Shares of China Finance Online (Nasdaq: JRJC) climbed for the fourth day in a row.

On the downside 

58.com (NYSE: WUBA) reported sharply higher second quarter earnings and revenue but the company forecast current quarter revenue below analyst expectations.

Kindred Biosciences (Nasdaq: KIN) reported disappointing results from a study of CereKin to treat dogs with osteoarthritis.

Sears Holdings (Nasdaq: SHLD) widened second quarter losses as revenue fell. 

In the broad market, advancing issues outpaced decliners by a margin of nearly 8 to 5 on the NYSE while decliners were on par with advancers on Nasdaq. The broader S&P 500 added 3 points to 1989. Bitcoin rose $16 to $523.

The markets closed higher with the Dow gaining 59 points to 16,979 even as the Federal Reserve minutes indicated that the agency may soon increase interest rate. Nasdaq eased a point to 4526.

On the upside 

Infineon will pay approximately $3 billion in cash to acquire International Rectifier (NYSE: IRF).

Shares of China Finance Online (Nasdaq: JRJC) continued soaring.

Pernix Therapeutics (Nasdaq: PTX) completed its acquisition of Treximet from GlaxoSmithKline and updated its 2014 and 2015 full year guidance.

On the downside 

Noranda Aluminum (NYSE: NOR) extended its losses.

Noah Holdings (NYSE: NOAH) reported higher second quarter earnings and revenue but margins fell.

Mad Money's Jim Cramer suggested that investors avoid FuelCell Energy (Nasdaq: FCEL). 

In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE while decliners edged out advancers by nearly 3 to 2 on Nasdaq. The broader S&P 500 rose 4 points to 1986. Bitcoin gained $37 to $517.

Markets turn positive

|

The markets advanced during the midday with the Dow rising 29 points to 16,948. Nasdaq added a point to 4528.

On the upside 

Second quarter earnings dropped for American Eagle Outfitters (NYSE: AEO) but the results were better than expected.

The Hain Celestial Group (Nasdaq: HAIN) reported sharply higher fourth quarter earnings that topped analyst estimates as revenue climbed to a record high.

Leju Holdings (NYSE: LEJU) reported second quarter earnings that more than doubled as revenue surged.

On the downside 

Shares of Xunlei (Nasdaq: XNET) fell ahead of its earnings release after market close.

Vringo (Nasdaq: VRNG) subsidiary I/P Engine will petition for an en banc review with the appeals court in its case against AOL, Google, et al.

La-Z-Boy (NYSE: LZB) reported higher first quarter earnings but the results 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 added a point to 1983. Bitcoin added $17 to $497.

The markets opened flat with the Dow slipping 7 points to 16,911 ahead of the release of minutes from the Federal Reserve. Nasdaq lost 6 points to 4521.

On the upside 

Amicus Therapeutics (Nasdaq: FOLD) reported positive results from a Phase 3 study of its Fabry disease treatment migalastat.

Digital Ally (Nasdaq: DGLY) reported a sharp increase in inquiries about its FirstVU HD Officer-Worn Video System from law enforcement agencies.

Highpower International (Nasdaq: HPJ) will supply advanced compact lithium batteries for the Timex Ironman One GPS+ smartwatch.

On the downside 

Hertz Global (NYSE: HTZ) withdrew its earnings outlook for the full year citing car recalls and an accounting review.

RGS Energy (Nasdaq: RGSE) widened losses for the second quarter and named Dennis Lacey to the position of chief executive officer.

Youku Tudou (NYSE: YOKU) widened second quarter losses. 

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 eased a point to 1980. Bitcoin rose $15 to $495.

A strong rebound in housing starts boosted the markets to a higher close with the Dow gaining 80 points to 16,919. Nasdaq climbed 19 points to 4527.

On the upside 

The Wall Street Journal reported that Allergan (NYSE: AGN) approached Salix Pharmaceuticals (Nasdaq: SLXP) for a possible acquisition.

A district court ruled in favor of DepoMed (Nasdaq: DEPO) in its patent infringement suit against Actavis.

Shares of Taser International (Nasdaq: TASR) soared again after another fatal officer involved shooting.

American Woodmark (Nasdaq: AMWD) reported higher first quarter earnings and revenue that topped analyst expectations.

On the downside 

Lannett (NYSE: LCI) reported sharply higher preliminary fourth quarter earnings and revenue.

Shares of Sprint (NYSE: S) fell after announcing a cheaper pricing plan. 

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 4 on Nasdaq. The broader S&P 500 gained 9 points to 1981. Bitcoin climbed $29 to $480.

The markets extended its gains during the midday with the Dow advancing 74 points to 16,913 as housing starts climbed. Nasdaq gained 14 points to 4523.

On the upside 

China HGS Real Estate (Nasdaq: HGSH) signed its first shanty area rebuilding framework agreement with the Hantai District in Hanzhong City.

Newcastle Investment (NYSE: NCT) completed its public offering of 40 million common shares with gross proceeds of approximately $176 million.

Skilled Healthcare Group (NYSE: SKH) will merge with Genesis HealthCare in an all-stock transaction.

On the downside 

Jumei International Holding (NYSE: JMEI) reported higher second quarter earnings and revenue but the stock price dropped.

Oncothyreon (Nasdaq: ONTY) reported disappointing results from a Phase 1/2 trial of its lung cancer treatment tecemotide. 

Second quarter earnings and revenue rose for Perfect World (Nasdaq: PWRD) but revenue fell short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 climbed 8 points to 1980. Bitcoin gained $27 to $479.

A surge in July housing starts lifted the markets to a higher open with the Dow gaining 53 points to 16,892. Nasdaq rose 9 points to 4517.

On the upside 

China Finance Online (Nasdaq: JRJC) extended its gains.

Former Aeropostale (NYSE: ARO) chief executive Julian Geiger will return to ailing retailer to replace Thomas Johnson.

Vringo (NYSE: VRNG) chief financial officer Anastasia Nyrkovskaya bought shares of the intellectual property company.

On the downside 

Elizabeth Arden (Nasdaq: RDEN) widened fourth quarter losses more than expected as revenue dropped and warned of continued challenges in 2015.

Morgan Stanley initiated coverage of El Pollo Loco (Nasdaq: LOCO) with an Underweight rating. 

BHP Billiton (NYSE: BBL) will spinoff its metals and mining business.

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 3 on Nasdaq. The broader S&P 500 gained 6 points to 1977. Bitcoin rose $28 to $480.

Merger activity and easing tensions in Ukraine boosted the markets to a sharply higher close with the Dow jumping 175 points to 16,838. Nasdaq surged 43 points to 4508.

On the upside 

First Analysis upgraded HMS Holdings (Nasdaq: HMSY) from an Equal Weight rating to an Overweight rating.

Shares of J.C. Penney (NYSE: JCP) continued climbing.

MLV & Co. upgraded Halcon Resources (NYSE: HK) from a Hold rating to a Buy rating.

On the downside 

Monness Crespi & Hardt initiated coverage of EPAM Systems (NYSE: EPAM) with a Sell rating.

Shares of Sprint (NYSE: S) slipped on news reports that the company will introduce cheaper pricing plans. 

Glu Mobile (Nasdaq: GLUU) extended its losses.

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 climbed 16 points to 1971. Bitcoin dropped $42 to $445.

The markets extended its gains during the midday with the Dow leaping 168 points to 16,831 as homebuilder confidence rose. Nasdaq soared 38 points to 4503.

On the upside 

China Finance Online (Nasdaq: JRJC) launched China's first independent web-based securities trading platform, Zhengquantong.

Leerink initiated coverage of Tekmira Pharmaceuticals (Nasdaq: TKMR) with an Outperform rating and a price target of $25.

DreamWorks Animation (Nasdaq: DWA) named DirecTV executive Fazal Merchant to the position of chief financial officer.

On the downside 

A federal court dismissed patent infringement claims on four patents made by Mitek Systems (Nasdaq: MITK) against USAA. Mitek also announced the resignation of chief technology officer Michael Strange.

Shares of Xinyuan Real Estate (NYSE: XIN) extended its losses. 

Investors locked in profits on Monster Beverage (Nasdaq: MNST).

In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 soared 15 points to 1970. Bitcoin fell $26 to $461.

The markets opened sharply higher with the Dow surging 138 points to 16,801 as Ukrainian forces advanced against separatists. Nasdaq climbed 35 points to 4500.

On the upside 

Dollar General (NYSE: DG) engaged in a bidding war for Family Dollar Stores (NYSE: FDO) by topping Dollar Tree's (Nasdaq: DLTR) $8.5 billion cash and stock offer with an offer of $8.95 billion in cash.

Deutsche Bank upgraded Achillion Pharmaceuticals (Nasdaq: ACHN) from a Hold rating to a Buy rating and lifted its price target from $6 to $17.

Sky-mobi (Nasdaq: MOBI) reported sharply higher second quarter earnings as revenue climbed.

On the downside 

Goldman Sachs downgraded NXP Semiconductors (Nasdaq: NXPI) from a Neutral rating to a Sell rating.

Fabrinet (NYSE: FN) delayed the release of its fourth quarter and full year financial results due to an audit committee investigation into accounting matters. 

Investors locked in profits on Cheetah Mobile (NYSE: CMCM).

In the broad market, advancing issues outpaced decliners by a margin of 5 to 1 on the NYSE and by more than 4 to 1 on Nasdaq. The broader S&P 500 climbed 14 points to 1969. Bitcoin fell $29 to $457.

The markets closed mixed with the Dow falling 50 points to 16,662 as tensions in the Ukraine tempered enthusiasm for a strong gain in manufacturing production. Nasdaq rose 11 points to 4464.

On the upside 

Bargain hunters lifted shares of Tekmira Pharmaceuticals (Nasdaq: TKMR).

Applied Materials (Nasdaq: AMAT) reported higher third quarter earnings that topped analyst estimates.

An arbitration panel rejected patent infringement claims filed by Roche against Gilead Sciences (Nasdaq: GILD).

On the downside 

An appeals court declared that two Vringo (Nasdaq: VRNG) patents were invalid.

Dillard's (NYSE: DDS) disappointed with lower second quarter earnings and revenue that fell short of analyst expectations. 

Second quarter earnings fell for Autodesk (Nasdaq: ADSK) and the company forecast current quarter earnings below expectations.

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE and by more than 4 to 3 on Nasdaq. The broader S&P 500 held steady at 1955. Bitcoin lost $15 to $494.

The markets dropped during the midday with the Dow tumbling 77 points to 16,636 as Ukrainian troops intercepted a Russian armored column. Nasdaq lost 8 points to 4444.

On the upside 

Andatee China Marine Fuel Services (Nasdaq: AMFC) reversed year ago losses to post a profit for the second quarter as revenue more than doubled.

Mandalay Digital Group (Nasdaq: MNDL) narrowed first quarter losses as revenue rose.

Stun gun and police body camera maker Taser International (Nasdaq: TASR) climbed after a fatal police shooting led to violent protests in Ferguson, Missouri.

On the downside 

Xinyuan Real Estate (NYSE: XIN) disappointed with lower second quarter earnings and revenue.

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

Intrexon (NYSE: XON) widened losses for the second quarter.

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 lost 4 points to 1950. Bitcoin slipped $3 to $507.

The markets opened higher with the Dow gaining 50 points to 16,763 as produce prices edged up 0.1% in July. Nasdaq climbed 23 points to 4476.

On the upside 

Coca-Cola (NYSE: KO) will pay $2.15 billion to acquire a 16.7% stake in Monster Beverage (Nasdaq: MNST).

Achillion (Nasdaq: ACHN) reported that all 12 patients in a midstage clinical trial of its hepatitis C treatment ACH-3102 remained HCV RNA undetectable four weeks after completing therapy.

SINA (Nasdaq: SINA) swung to a greater than expected profit for the second quarter as revenue climbed.

On the downside 

NQ Mobile (NYSR: NQ) chief financial officer KB Teo resigned.

Extreme Networks (Nasdaq: EXTR) fell to a loss for the fourth quarter. 

JD.com (Nasdaq: JD) widened losses for the second quarter.

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 gained 7 points to 1962. Bitcoin slipped $3 to $506.

Conciliatory comments by Russian President Vladimir Putin lifted the markets to a higher close with the Dow climbing 61 points to 16,713. Nasdaq gained 18 points to 4453.

On the upside 

Epizyme (Nasdaq: EPZM) widened losses for the second quarter but reported upbeat preclinical and early clinical observations of its cancer treatment EPZ-6438.

Interphase (Nasdaq: INPH) entered a $3.3 million stock purchase agreement with Hodges Small Cap Fund.

Profire Energy (Nasdaq: PFIE) reported higher first quarter earnings and revenue.

On the downside 

Fifth Street Senior Floating Rate (Nasdaq: FSFR) cancelled a conference call to discuss its second quarter results and priced its public offering of 22.8 million common shares at the discounted price of $12.91 per share.

Vapor (Nasdaq: VPCO) widened losses for the second quarter. 

Tekmira (Nasdaq: TKMR) widened second quarter losses as revenue tumbled.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 gained 8 points to 1955. Bitcoin fell $27 to $513.

First time applications for unemployment benefits rose more than expected but the numbers were in line with pre-recession levels. The markets advanced during the midday with the Dow gaining 50 points to 16,702 while Nasdaq rose 13 points to 4447.

On the upside 

USEC (NYSE: USU) narrowed losses for the second quarter.

Vertex Energy (Nasdaq: VTNR) impressed with sharply higher second quarter earnings that beat analyst expectations.

NewLink Genetics (Nasdaq: NLNK) will soon begin human trials for its Ebola vaccine.

On the downside 

Second quarter earnings unexpectedly dropped for Red Robin Gourmet Burgers (Nasdaq: RRGB) to miss expectations by a wide margin.

K12 (NYSE: LRN) reported sharply higher fourth quarter earnings but the company failed to provide guidance for fiscal 2015. 

Aspen Technology (Nasdaq: AZPN) reported higher second quarter earnings and revenue but growth of its total license contract value slowed.

In the broad market, advancing issues outpaced decliners 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 gained 6 points to 1953. Bitcoin eased $1 to $539.

Flat open as jobless claims rise

|

The markets opened flat with the Dow rising 10 points to 16,662 as jobless claims rose more than expected. Nasdaq added 2 points to 4436.

On the upside 

Plug Power (Nasdaq: PLUG) swung to a profit for the second quarter as revenue surged.

Shares of Arrowhead Research (Nasdaq: ARWR) extended its gains.

A Chinese group of investors led by Hua Capital Management offered a premium of $29 per share in cash to acquire OmniVision Technologies (Nasdaq: OVTI) .

On the downside 

Noodles & Co. (Nasdaq: NDLS) reported higher second quarter earnings and revenue but the results fell short of analyst expectations prompting the company to lower its full year outlook.

E-Commerce China Dangdang (NYSE: DANG) reversed year ago losses to post a profit for the second quarter as revenue rose but the stock price fell. 

Energy XXI (Nasdaq: EXXI) fell to a loss for the fourth quarter.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 added a point to 1948. Bitcoin eased $1 to $539.

Retreating crude oil prices lifted the markets to a sharply higher close with the Dow soaring 91 points to 16,651. Nasdaq surged 44 points to 4434.

On the upside 

InterMune (Nasdaq: ITMN) retained the services of Centerview Partners and Goldman Sachs to explore strategic options including a possible sale of the company.

Insmed (Nasdaq: INSM) priced its public offering of 8.9 million common shares at $11.25 per share.

Stifel Nicolaus analyst Scott Devitt resumed coverage of Pandora Media (NYSE: P) with a Buy rating.

On the downside 

Rigel Pharmaceuticals' (Nasdaq: RIGL) dry eye disease treatment R348 failed a Phase 2 study.

Investors locked in profits on Aeropostale (NYSE: ARO). 

ViaSat (Nasdaq: VSAT) widened first quarter losses more than expected as revenue slipped.

In the broad market, advancing issues outpaced decliners by a margin of nearly  3 to 1 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 climbed 12 points to 1946. Bitcoin fell $26 to $539.

Retail sales flat but markets rise

|

The markets continued to advance during the midday with the Dow climbing 87 points to 16,647 despite flat retail sales in July. Nasdaq soared 38 points to 4427.

On the upside 

Shares of Otonomy (Nasdaq: OTIC) climbed on its first trading day.

FleetCor Technologies (NYSE: FLT) will pay approximately $3.45 billion to acquire Comdata.

Shares of Intercept Pharmaceuticals (Nasdaq: ICPT) continued rising.

On the downside 

JDS Uniphase (Nasdaq: JDSU) fell to a loss for the fourth quarter and forecast current quarter results below expectations.

Fourth quarter earnings fell for Myriad Genetics (Nasdaq: MYGN) and the molecular diagnostic company forecast fiscal 2015 earnings that missed analyst estimates. 

Netlist (Nasdaq: NLST) widened second quarter losses as revenue fell.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 climbed 12 points to 1945. Bitcoin fell $31 to $535.

A drop in crude oil prices boosted the markets to a higher open with the Dow rising 34 points to 16,594. Nasdaq gained 21 points to 4410.

On the upside 

Third quarter revenue surged 340% for LiveDeal (Nasdaq: LIVE).

Canadian Solar (Nasdaq: CSIQ) swung to a greater than expected profit for the second quarter as revenue climbed.

Bargain hunters lifted shares of Kate Spade (NYSE: KATE).

On the downside 

SeaWorld Entertainment (NYSE: SEAS) reversed year ago losses to post a profit for the second quarter but the results fell far short of analyst expectations prompting the company to cut its full year outlook.

Second quarter earnings rose for King Digital Entertainment (NYSE: KING) but revenue missed expectations and the company cut its full year guidance prompting downgrades. 

Cree (Nasdaq: CREE) reported higher fourth quarter earnings but revenue fell short of expectations and the LED lighting maker forecast current quarter revenue below estimates.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 rose 5 points to 1939. Bitcoin dropped $29 to $537.

Lower close over EU concerns

|

Concerns that a prolonged dispute with Russia would negatively impact the European Union weighed the markets down to a lower close with the Dow falling 9 points to 16,560. Nasdaq lost 12 points to 4389.

On the upside 

TrueCar (Nasdaq: TRUE) partnered with National Education Association to offer a car buying program for NEA members.

Doral Financial (Nasdaq: DRL) entered court supervised negotiations with the Puerto Rico Department of the Treasury to collect $229 million that is owed to Doral.

United Online (Nasdaq: UNTD) fell to a loss for the second quarter but the stock price climbed.

On the downside 

Kandi Technologies Group (Nasdaq: KNDI) extended its losses.

Shares of SIGA Technologies (Nasdaq: SIGA) continued falling. 

Real Goods Solar (Nasdaq: RGSE) delayed its second quarter financial report until August 19, 2014.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 lost 3 points to 1933. Bitcoin lost $5 to $568.

The markets traded flat during the midday with the Dow slipping 5 points to 16,564 despite an improving labor market as investors focused on global developments. Nasdaq fell 11 points to 4390.

On the upside 

Kite Realty Group Trust (NYSE: KRG) completed a 1-for-4 reverse stock split.

Dealertrack Technologies (Nasdaq: TRAK) fell to a loss for the second quarter but the results were better than expected and the company lifted its full year earnings and revenue guidance.

Arotech (Nasdaq: ARTX) reported higher second quarter earnings and revenue.

On the downside 

Millennial Media (NYSE: MM) widened second quarter losses.

Kate Spade (NYSE: KATE) narrowed second quarter losses more than expected as revenue climbed but the stock price dropped over concerns of slowing growth. 

Nuance Communications (Nasdaq: NUAN) widened third quarter losses and forecast current quarter earnings and revenue that fell short of analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 lost 2 points to 1934. Bitcoin slipped $3 to $569.

The markets opened flat with the Dow slipping 11 points to 16,558 as investors monitored developments in Ukraine. Nasdaq lost 4 points to 4396.

On the upside 

Fortegra Financial (NYSE: FRF) will be acquired by Tiptree Financial in an all cash deal valued at approximately $218 million.

Intercept Pharmaceuticals (Nasdaq: ICPT) reported upbeat results from a midstage clinical trial of its liver disease treatment.

The Food and Drug Administration approved Exact Sciences' (Nasdaq: EXAS) Cologuard colon cancer DNA test.

On the downside 

Dendreon (Nasdaq: DNDN) warned that it may default on its debt.

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

Profit taking weighed down shares of MannKind (Nasdaq: MNKD).

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 slipped a point to 1935. Bitcoin lost $6 to $566.

The markets closed modestly higher with the Dow adding 16 points to 16,569 as another 72-hour cease fire in Gaza allowed for indirect peace negotiations to continue. Nasdaq gained 30 points to 4401.

On the upside 

R.W. Baird analyst William Power affirmed his Outperform rating on Apple (Nasdaq: AAPL) citing increasing consumer interest in the iPhone 6.

Bitauto Holdings (NYSE: BITA) impressed with second quarter earnings that more than doubled from last year.

DealReporter said that Pandora Media (NYSE: P) may be targeted for a possible acquisition.

On the downside 

Shares of Aemetis (Nasdaq: AMTX) extended its losses.

Northland Capital downgraded Thoratec (Nasdaq: THOR) from an Outperform rating to a Market Perform rating. 

Analysts lowered their price targets on Zynga (Nasdaq: ZNGA) after the online social game maker cut its 2014 guidance last week.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 gained 5 points to 1936. Bitcoin fell $10 to $574.

Markets advance as tensions ease

|

The markets advanced during the midday with the Dow climbing 57 points to 16,611 as global tensions eased. Nasdaq gained 38 points to 4409.

On the upside 

Cutrale Group and Safra Group offered a premium of $13 per share in cash to acquire Chiquita Brands (NYSE: CQB).

China HGS (Nasdaq: HGSH) will rebuild large-scale shanty areas in Hanzhong City.

Matrress Firm Holding (Nasdaq: MFRM) lifted its second quarter earnings outlook after reporting strong growth in preliminary second quarter sales.

On the downside 

Cal Dive International (NYSE: DVR) widened second quarter losses. 

Walter Investment Management (NYSE: WAC) fell to a loss for the second quarter. 

Aegerion Pharmaceuticals (Nasdaq: AEGR) will offer $250 million worth of convertible notes.

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 2 on Nasdaq. The broader S&P 500 climbed 10 points to 1942. Bitcoin slipped $3 to $582.

The easing of tensions in the Middle East and Ukraine lifted the markets to a higher open with the Dow rising 47 points to 16,601. Nasdaq climbed 34 points to 4405.

On the upside 

Shares of Tekmira Pharmaceuticals (Nasdaq: TKMR) continued rising after the World Health Organization declared the Ebola outbreak an international health emergency.

MannKind (Nasdaq: MNKD) partnered with Sanofi to develop and market the inhaled insulin product Afrezza.

Kinder Morgan (NYSE: KMI) will consolidate all of its companies by acquiring Kinder Morgan Energy Partners (NYSE: KMP), Kinder Morgan Management (NYSE: KMR) and El Paso Pipeline (NYSE: EPB) in a deal valued at approximately $70 billion.

On the downside 

The Delaware Court of Chancery determined that SIGA (Nasdaq: SIGA) must pay a lump sum damage award to PharmAthene. 

Gogo (Nasdaq: GOGO) narrowed losses for the second quarter but the in-flight Internet access provider forecast full year earnings at the low end of its previous guidance. 

Dean Foods (NYSE: DF) reported an unexpected loss for the second quarter, forecast current quarter earnings below expectations and withdrew its full year outlook.

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 gained 9 points to 1940. Bitcoin held steady at $585.

Rebounding productivity boosted the markets to a sharply higher close with the Dow jumping 185 points to 16,553. Nasdaq soared 35 points to 4370.

On the upside 

Shares of Green Bancorp (Nasdaq: GNBC) climbed on its first trading day.

Air Methods (Nasdaq: AIRM) reported sharply higher second quarter earnings that surpassed analyst expectations as revenue rose.

Second quarter earnings nearly doubled for HMS Holdings (Nasdaq: HMSY) to top analyst estimates.

On the downside 

Marrone Bio Innovations (Nasdaq: MBII) widened losses for the second quarter as revenue fell prompting a downgrade. 

Second quarter earnings for Ignite Restaurant Group (Nasdaq: IRG) fell far short of analyst expectations. 

Masimo (Nasdaq: MASI) reported lower second quarter earnings that missed 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 7 to 3 on Nasdaq. The broader S&P 500 surged 22 points to 1931. Bitcoin added $2 to $590.

Strong growth in the nation's productivity in the second quarter after contracting in the first sent the market soaring during the midday with the Dow surging 153 points to 16,521. Nasdaq climbed 32 points to 4367.

On the upside 

Raptor Pharmaceuticals (Nasdaq: RPTP) narrowed second quarter losses more than expected as revenue surged prompting the company to lift its full year revenue outlook.

Third quarter earnings more than tripled for China HGS Real Estate (Nasdaq: HGSH) as revenue surged.

RadNet (Nasdaq: RDNT) reported sharply higher second quarter earnings.

On the downside 

Hanger (NYSE: HGR) disappointed with lower second quarter earnings that fell far short of analyst expectations and lowered its full year earnings guidance. 

Select Medical Holdings (NYSE: SEM) reported higher second quarter earnings and revenue but the stock price fell. 

Rubicon Technology (Nasdaq: RBCN) widened losses for the second quarter.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 soared 17 points to 1927. Bitcoin added $2 to $589.

The markets opened flat with the Dow adding 2 points to 16,370 as wholesale inventories rose a modest 0.3% in June. Nasdaq lost 6 points to 4327.

On the upside 

The Food and Drug Administration modified the clinical hold on Tekmira Pharmaceuticals' (Nasdaq: TKMR) Ebola treatment to allow for possible use in humans.

Mercadolibre (Nasdaq: MELI) fell to a loss for the second quarter but the results were better than expected.

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

On the downside 

Post Holdings (NYSE: POST) fell to an unexpected loss for the third quarter, cut its full year earnings guidance and announced plans to acquire peanut butter maker American Blanching. 

Volcano (Nasdaq: VOLC) swung to a profit for the second quarter, agreed to settle litigation with St. Jude Medical and will divest from its Axsun Technologies subsidiary but the stock price tumbled. 

Bankrate (NYSE: RATE) widened losses for the second quarter as revenue fell short of expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 held steady at 1909. Bitcoin added $3 to $590.

Concerns about the impact of Russia's import ban on Western foods sent the markets tumbling to a lower close with the Dow dropping 75 points to 16,368. Nasdaq fell 20 points to 4334.

On the upside 

SouFun Holdings (NYSE: SFUN) reported higher second quarter earnings and revenue.

Molycorp (NYSE: MCP) widened second quarter losses as revenue fell but the rare earth metals producer entered a $400 million financing agreement with Oaktree Capital Management.

Viggle (Nasdaq: VGGL) reported record new registered users and monthly active users in July.

On the downside 

Coupons.com (NYSE: COUP) widened second quarter losses more than expected. 

Second quarter earnings and revenue climbed for Copa Holdings (NYSE: CPA) but the company lowered its full year margin outlook prompting downgrades. 

Dot Hill Systems (Nasdaq: HILL) fell to a loss for the second quarter.

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 fell 10 points to 1909. Bitcoin rose $6 to $587.

The markets turned negative during the midday with the Dow losing 43 points to 16,400 as earnings disappointed. Nasdaq slipped 6 points to 4349.

On the upside 

Stratasys (Nasdaq: SSYS) narrowed second quarter losses as revenue climbed prompting the 3D printer maker to lift its full year outlook.

Priceline (Nasdaq: PCLN) expanded its commercial agreement with Ctrip.com International (Nasdaq: CTRP) and will invest $500 million in Ctrip.

Shares of T2 Biosystems (Nasdaq: TTOO) soared in its market debut.

On the downside 

PhotoMedex (Nasdaq: PHMD) fell to a greater than expected loss for the second quarter as revenue dropped. 

Roundy's (NYSE: RNDY) fell to an unexpected loss for the second quarter. 

SandRidge Energy (NYSE: SD) reported lower second quarter earnings and revenue prompting a downgrade.

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 1915. Bitcoin rose $5 to $586.

An unexpected drop in first time applications for unemployment benefits lifted the markets to a higher open with the Dow rising 43 points to 16,486. Nasdaq gained 14 points to 4369.

On the upside 

SunEdison (NYSE: SUNE) narrowed second quarter losses more than expected as revenue rose.

Lime Energy (Nasdaq: LIME) won new utility program contracts totaling approximately $180 million.

Horizon Pharma (Nasdaq: HZNP) widened second quarter losses but the results were better than expected and the company forecast fiscal 2015 revenue above analyst estimates.

On the downside 

Thoratec (Nasdaq: THOR) disappointed with lower second quarter earnings and revenue prompting downgrades. 

Nanosphere (Nasdaq: NSPH) widened losses for the second quarter even as revenue rose. 

zulilly (Nasdaq: ZU) reported sharply higher second quarter earnings and revenue that surpassed analyst expectations but the stock price dropped.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 rose 5 points to 1925. Bitcoin added $1 to $582.

The markets closed flat with the Dow gaining 13 points to 16,443 as investors monitored Russian movements along the Ukrainian border. Nasdaq added 2 points to 4355.

On the upside 

MIND (Nasdaq: MNDO) impressed with sharply higher second quarter earnings that nearly quadrupled as revenue surged.

Corcept Therapeutics (Nasdaq: CORT) narrowed second quarter losses as revenue soared.

EnteroMedics (Nasdaq: ETRM) will present at the Canaccord Genuity 34th Annual Growth Conference.

On the downside 

Globus Medical (NYSE: GMED) reported higher second quarter earnings and revenue but the stock price tumbled. 

FireEye (Nasdaq: FEYE) widened losses for the second quarter. 

Lionbridge Technologies (Nasdaq: LIOX) reported higher second quarter earnings but the results missed estimates and the company forecast current quarter revenue below expectations.

In the broad market, advancing issues outpaced decliners by a margin of 3 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 edged up a fraction to 1920. Bitcoin held steady at $579.

The markets advanced during the midday with the Dow gaining 18 points to 16,448 even as global markets fell. Nasdaq rose 9 points to 4362.

On the upside 

21st Century Fox (Nasdaq: FOXA) withdrew its $75 billion offer to acquire Time Warner (NYSE: TWX).

ARC Document Solutions (NYSE: ARC) reported sharply higher second quarter earnings that more than doubled.

Second quarter earnings slipped for Caesarstone (Nasdaq: CSTE) but the results were better than expected.

On the downside 

Rocket Fuel (Nasdaq: FUEL) widened losses for the second quarter and forecast current quarter revenue below expectations prompting a downgrade. 

Nu Skin Enterprises (NYSE: NUS) disappointed with sharply lower second quarter earnings that missed analyst expectations as revenue fell and announced that it must restate first quarter results. 

Cognizant Technology Solutions (Nasdaq: CTSH) reported higher second quarter earnings and revenue but the company forecast current quarter revenue below expectations.

In the broad market, advancing issues outpaced decliners by a margin of 4 to 3 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 added a point to 1921. Bitcoin rose $5 to $583.

Bargain hunters lift markets

|

Bargain hunters lifted the markets modestly higher with the Dow rising 17 points to 16,447. Nasdaq added 4 points to 4357.

On the upside 

Eagle Bulk Shipping (Nasdaq: EGLE) filed for Chapter 11 bankruptcy.

WPX Energy (NYSE: WPX) fell to a loss for the second quarter but oil production surged.

Enphase Energy (Nasdaq: ENPH) narrowed losses for the second quarter as revenue soared.

On the downside 

Sprint (NYSE: S) replaced chief executive Dan Hesse with Marcelo Claure after ending its bid for T-Mobile. 

Walgreen (NYSE: WAG) will buy the remaining 55% stake in Alliance Boots that it does not already own, cut its full year earnings outlook and abandoned plans to reorganize overseas in order to avoid domestic taxes. 

Groupon (Nasdaq: GRPN) widened second quarter losses and forecast current quarter earnings below analyst expectations.

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 held steady at 1920. Bitcoin held steady at $579.

A buildup of Russian troops along the Ukrainian border sent the markets tumbling to a sharply lower close with the Dow plunging 139 points to 16,429. Nasdaq dropped 31 points to 4352.

On the upside 

TriNet Group (NYSE: TNET) reported higher second quarter earnings and revenue that beat analyst expectations.

Qualys (Nasdaq: QLYS) reported sharply higher second quarter earnings that nearly doubled prompting the company to lift its full year earnings and revenue outlook.

The European Commission granted orphan drug status to Raptor Pharmaceuticals (Nasdaq: RPTP) for its Huntington's disease treatment cysteamine bitartrate.

On the downside 

Enzymotec (NYSE: ENZY) disappointed with lower second quarter earnings and revenue. 

Demandware (NYSE: DWRE) widened losses for the second quarter even as revenue climbed. 

Second quarter earnings dropped for Approach Resources (Nasdaq: AREX).

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 tumbled 18 points to 1920. Bitcoin slipped $4 to $579.

The markets extended its losses during the midday with the Dow tumbling 72 points to 16,496 even as the nation's services sector expanded. Nasdaq fell 14 points to 4369.

On the upside 

Giga-tronics (Nasdaq: GIGA) narrowed first quarter losses as revenue surged.

Jamba (Nasdaq: JMBA) reported flat earnings that surpassed analyst expectations.

Bargain hunters lifted shares of Telephone & Data Systems (NYSE: TDS).

On the downside 

LeapFrog Enterprises (NYSE: LF) widened first quarter losses as revenue plunged. 

Quicksilver Resources (NYSE: KWK) fell to a loss for the second quarter as revenue dropped. 

Allot Communications (Nasdaq: ALLT) narrowed losses for the second quarter but the results fell short of analyst expectations.

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 fell 9 points to 1929. Bitcoin slipped $3 to $580.

U. S. factory orders rose more than expected but the markets opened lower with the Dow losing 28 points to 16,541 over concerns that the Chinese economy was slowing. Nasdaq slipped 7 points to 4376.

On the upside 

GT Advanced Technologies (Nasdaq: GTAT) fell to a greater than expected loss for the second quarter but the company lifted the low end of its full year earnings guidance.

Chegg (NYSE: CHGG) narrowed losses more than expected on a per share basis for the second quarter.

Mueller Water Products (NYSE: MWA) reported higher third quarter earnings and revenue prompting an upgrade.

On the downside 

RetailMeNot (Nasdaq: SALE) reported lower second quarter earnings even as revenue rose. 

Bloomin' Brands (Nasdaq: BLMN) disappointed with sharply lower second quarter earnings and cut its full year earnings outlook. 

ChannelAdvisor (NYSE: ECOM) widened losses for the second quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 lost 3 points to 1934. Bitcoin slipped $4 to $579.

A late afternoon rally lifted the markets to a higher close with the Dow gaining 75 points to 16,569. Nasdaq climbed 31 points to 4383.

On the upside 

Shares of Durata Therapeutics (Nasdaq: DRTX) rose ahead of its earnings release later this week.

Ligand Pharmaceuticals (Nasdaq: LGND) reported lower second quarter earnings but the results were better than expected.

Shares of Bonanza Creek Energy (NYSE: BCEI) climbed ahead of its earnings release after market close on Thursday, August 7.

On the downside 

CBD Energy (Nasdaq: CBDE) updated investors on its balance sheet restructuring initiatives but the stock price fell. 

Profit taking weighed down shares of Alliance Fiber Optic Products (Nasdaq: AFOP). 

Investors locked in profits on El Pollo Loco (Nasdaq: LOCO).

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 climbed 13 points to 1938. Bitcoin held steady at $584.

Bargain hunters lift markets

|

Bargain hunters lifted the markets modestly higher during the midday with the Dow rising 8 points to 16,502. Nasdaq gained 16 points to 4368.

On the upside 

Trex (NYSE: TREX) reported higher second quarter earnings that topped analyst estimates and forecast current quarter revenue ahead of expectations.

Shares of Groupon (Nasdaq: GRPN) climbed ahead of its earnings release tomorrow after market close.

Hutchinson Technology (Nasdaq: HTCH) extended its gains.

On the downside 

Caesers Entertainment (Nasdaq: CZR) engaged in negotiations to restructure its debt. 

Barclays downgraded Emulex (NYSE: ELX) from an Equal Weight rating to an underweight rating. 

A drop in gold price weighed down shares of IAMGOLD (NYSE: IAG).

In the broad market, declining issues outpaced advancers by a margin of more than 4 to 3 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 rose 4 points to 1929. Bitcoin added $3 to $587.

The markets opened mixed with the Dow slipping 7 points to 16,485 while Nasdaq rose 7 points to 4360 after last week's massive sell-off.

On the upside 

Pike (NYSE: PIKE) agreed to be taken private by Court Square Capital Partners for a premium of $12 per share in cash.

Speculation that Tekmira Pharmaceuticals (Nasdaq: TKMR) may initiate a clinical trial with human patients who are infected with Ebola lifted shares of the biopharmaceutical.

Shares of Mobileye (NYSE: MBLY) continued climbing.

On the downside 

Insmed (Nasdaq: INSM) will conduct two Phase 3 studies of its inhaled antibiotic Arikayce which disappointed investors who had hoped for regulatory approval without additional clinical trials. 

ITT Educational Services (NYSE: ESI) entered into a fourth amendment to its credit agreement. 

Alere (NYSE: ALR) reported a wider than expected loss for the second quarter as revenue dropped.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 lost 5 points to 1925. Bitcoin added $2 to $586.

Disappointing jobs data sent the markets down to a lower close with the Dow falling 69 points to 16,493. Nasdaq slipped 17 points to 4352.

On the upside 

DigitalGlobe (NYSE: DGI) swung to a greater than expected profit for the second quarter.

Bank of the Ozarks (Nasdaq: OZRK) will acquire Intervest Bancshares (Nasdaq: IBCA) in an all stock transaction valued at approximately $228.5 million.

Imperva (NYSE: IMPV) widened losses for the second quarter but the results were better than expected and the company forecast full year earnings and revenue ahead of estimates.

On the downside 

GoPro (Nasdaq: GPRO) widened losses in its first quarter as a publicly traded company. The results were better than expected but analysts said that the company was overvalued. 

Arris Group (Nasdaq: ARRS) swung to a stronger than expected profit for the second quarter but the company forecast current quarter revenue below estimates. 

Autobytel (Nasdaq: ABTL) reported higher second quarter earnings but revenue fell short of expectations and the company forecast current quarter revenue that missed analyst estimates.

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 lost 5 points to 1925. Bitcoin gained $11 to $591.

An unexpected uptick in the nation's unemployment rate to 6.2% sent the markets lower during the midday with the Dow tumbling 96 points to 16,466. Nasdaq dropped 37 points to 4332.

On the upside 

Shares of Mobileye (NYSE: MBLY) surged in its market debut.

CBD Energy (Nasdaq: CBDE) won a $112 million contract to construct a 64MW solar park in Thailand.

Spirit AeroSystems Holdings (NYSE: SPR) swung to a greater than expected profit for the second quarter as revenue climbed prompting the company to lift its full year outlook.

On the downside 

Vocera Communications (NYSE: VCRA) widened second quarter losses as revenue fell and cut its full year revenue outlook.

Pixelworks (Nasdaq: PXLW) narrowed losses for the second quarter but the results missed expectations. 

Immersion (Nasdaq: IMMR) disappointed with lower second quarter earnings that fell short of expectations and forecast full year revenue below analyst estimates.

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 fell 11 points to 1919. Bitcoin gained $17 to $597.

The nation added fewer jobs than expected in July to weigh the markets down to a lower open with the Dow losing 40 points to 16,522. Nasdaq slipped 8 points to 4361.

On the upside 

Scientific Games (Nasdaq: SGMS) will pay a premium of approximately $3.3 billion in cash to purchase Bally Technologies (NYSE: BYI).

LinkedIn (NYSE: LNKD) fell to a loss for the second quarter but the results surpassed analyst expectations as revenue surged and the company forecast current quarter results ahead of estimates.

Procter & Gamble (NYSE: PG) reported sharply higher fourth quarter earnings that topped analyst estimates.

On the downside 

Web.com Group (Nasdaq: WWWW) narrowed second quarter losses but revenue fell short of expectations. The company also announced that it acquired local online directory company in the United Kingdom, Scoot.

ServiceSource International (Nasdaq: SREV) widened second quarter losses more than expected as revenue slipped. 

YRC Worldwide (Nasdaq: YRCW) narrowed losses for the second quarter but the results fell far short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 slipped a point to 1929. Bitcoin rose $8 to $588.

About this Archive

This page is an archive of entries from August 2014 listed from newest to oldest.

July 2014 is the previous archive.

September 2014 is the next archive.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 5.12