September 2014 Archives

Disappointing data weighs down markets

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Disappointing economic data weighed the markets down to a lower close with the Dow falling 28 points to 17,042. Nasdaq lost 12 points to 4,493.

On the upside

RGS Energy (Nasdaq: RGSE) will exit the large commercial business to focus on its core residential business.

Bargain hunters snapped up shares of Cyber-Ark Software (Nasdaq: CYBR). 

Shares of Ascent Solar Technologies (Nasdaq: ASTI) continued climbing after introducing its EnerPlex series of products in Australia, New Zealand and the South Pacific region yesterday.

On the downside

RADA Electronic Industries (Nasdaq: RADA) stated that there were no corporate developments that could have sparked yesterday's rally.

Analysts expect Ford's (NYSE: F) September sales to drop.

Shares of Civeo (NYSE: CVEO) extended its losses.

In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 slipped 5 points to 1972. Bitcoin rose $13 to $388.
The markets extended its losses during the midday with the Dow losing 32 points to 17,038 as consumer confidence fell more than expected. Nasdaq dropped 13 points to 4,492.

On the upside

Catalyst Pharmaceutical Partners (Nasdaq: CPRX) reported positive results from a Phase 3 clinical trial of its Lambert-Eaton myasthenia syndrome treatment Firdapse.

Teekay (NYSE: TK) will increase its dividend payments by 75-80%. 

Bank of America/Merrill Lynch upgraded Century Aluminum (Nasdaq: CENX) from a Neutral rating to a Hold rating.

On the downside

PDF Solutions (Nasdaq: PDFS) announced that two contracts that were expected to close will not be signed therefore third quarter as well as full year revenue will be negatively impacted.

Trina Solar (NYSE: TSL) initiated an offering $100 million in convertible senior notes and commenced an offering of 7 million American Depositary Shares.

TravelCenters of America (NYSE: TA) reported lower second quarter earnings.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 lost 6 points to 1971. Bitcoin added $5 to $381.

Lower open as home prices disappoint

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Home prices rose less than expected in July to weigh the markets down to a lower open with the Dow slipping 15 points to 17,056. Nasdaq lost 10 points to 4,495

On the upside

News Corp. will pay a premium of approximately $950 million in cash to buy Move (Nasdaq: MOVE).

ChinaNet Online Holdings (Nasdaq: CNET) subsidiary Liansuo signed 12 new clients and re-signed 55 existing clients. 

eBay (Nasdaq: EBAY) will spin off PayPal into a separate publicly traded company next year.

On the downside

China Finance Online (Nasdaq: JRJC) reported widened losses for the second quarter even as revenue surged.

Brean Capital downgraded Endocyte (Nasdaq: ECYT) from a Buy rating to a Hold rating.

Con-way (NYSE: CNW) increased the pay rates of its drivers and reduced the length of time for drivers to reach top pay scale.

In the broad market, declining issues outpaced advancers by a margin of 2 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 slipped 2 points to 1975. Bitcoin added $1 to $376.
Despite a flurry of merger and acquisition activity, the markets ended lower with the Dow falling 41 points to 17,071 as pro-democracy demonstrations demanded the resignation of Hong Kong chief executive C. Y. Leung. Nasdaq lost 6 points to 4,505

On the upside

Clovis Oncology (Nasdaq: CLVS) reported positive preliminary results from ongoing Phase 2 studies of its ovarian cancer treatment rucaparib.

GoPro (Nasdaq: GPRO) introduced three new Hero cameras. 

The Food and Drug Administration approved Alimera Sciences' (Nasdaq: ALIM) diabetic macular edema treatment Iluvien.

On the downside

USEC (NYSE: USU) filed its monthly operating report with the SEC.

Polls indicating that Brazilian President Dilma Rousseff was pulling ahead of business friendly challenger Marina Silva weighed down shares of Banco Bradesco (NYSE: BBD) and Itau Unibanco (NYSE: ITUB).

CyberArk (Nasdaq: CYBR) closed its initial public offering.

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 5 points to 1977. Bitcoin edged down a fraction to $372.
Consumer spending climbed 0.5% in August but the markets traded lower with the Dow tumbling 93 points to 17,019 as pro-democracy protests continued in Hong Kong. Nasdaq lost 15 points to 4,496.

On the upside

JAB Holding will purchase Einstein Noah Restaurant Group (Nasdaq: BAGL) for a premium of approximately $374 million in cash.

Daiichi Sankyo will pay a premium of approximately $315 million in cash to acquire Ambit Biosciences (Nasdaq: AMBI). 

AMAG Pharmaceuticals (Nasdaq: AMAG) will buy Lumara Health in a cash and stock deal valued at approximately $675 million.

On the downside

Tonix Pharmaceuticals (Nasdaq: TNXP) reported disappointing results from a Phase 2b study of its fibromyalgia treatment TNX-102 SL.

Shares of CTC Media (Nasdaq: CTCM) fell after the lower house of the Russian parliament passed the third reading of proposed amendments to the "On Mass Media" law that would further restrict foreign ownership of Russian mass media businesses.

Profit taking weighed down shares of Textura (NYSE: TXTR).

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 lost 9 points to 1973. Bitcoin rose $8 to $381.
Pro-democracy protestors clashed with riot police in Hong Kong over the weekend to send the markets tumbling to a sharply lower open with the Dow plunging 115 points to 16,997. Nasdaq fell 19 points to 4,493.

On the upside

Encana (NYSE: ECA) will pay a premium of approximately $5.93 billion in cash to acquire Athlon Energy (NYSE: ATHL).

Vista Equity Partners will take Tibco Software (Nasdaq: TIBX) private for a premium of approximately $3.98 billion. 

SoftBank has offered a premium of approximately $3.4 billion to purchase DreamWorks Animation (Nasdaq: DWA).

On the downside

Civeo (NYSE: CVEO) will continue operations as a corporation rather than convert to a real estate investment trust and will redomicile to Canada.

Profit taking weighed down shares of Petrobras (NYSE: PBR).

Endologix (Nasdaq: ELGX) trimmed its full year earnings and revenue outlook.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 fell 13 points to 1969. Bitcoin added $4 to $377.

Sharply higher close as GDP expands

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The markets soared to close sharply higher with the Dow leaping 167 points to 17,113 as the nation's economy expanded at its fastest pace in 2 1/2 years. Nasdaq surged 45 points to 4,512.

On the upside

ChinaNet Online Holdings (Nasdaq: CNET) partnered with Alibaba's (NYSE: BABA) Taobao.

Vimicro International (Nasdaq: VIMC) conducted an investor event at its headquarters in Beijing. 

Fourth quarter earnings for Micron Technology (Nasdaq: MU) topped analyst estimates as revenue soared.

On the downside

Pulse Electronics (NYSE: PULS) will delist from the New York Stock Exchange and deregister its stock under the Securities Exchange Act of 1934.

The Street Ratings affirmed its Sell rating on J.C. Penney (NYSE: JCP).

Highpower International (Nasdaq: HPJ) partnered with Energous to develop batteries with wire-free charging technology but the stock price fell.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 16 points to 1982. Bitcoin slipped $6 to $400.

Strong economy boosts markets

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Strong growth of the nation's economy in the second quarter sent the markets soaring during the midday with the Dow surging 91 points to 17,037. Nasdaq climbed 17 points to 4,484.

On the upside

Agios Pharmaceuticals (Nasdaq: AGIO) will present Phase I study data of its advanced hematologic malignancies treatment AG-120 at the 26th EORTC-NCI-AACR Symposium on Molecular Targets and Caner Therapeutics in November.

Repros Therapeutics (Nasdaq: RPRX) reported positive results from a study of its secondary hypogonadism treatment Androxal and announced that the Food and Drug Administration granted a Type B Pre-NDA meeting to discuss the company's planned New Drug Application for Androxal. 

CytRx (Nasdaq: CYTR) announced that vice president of business development David J. Haen will now present at 3:30pm ET today, September 26, at BioCentury's 2014 NewsMakers in Biotech Industry Conference.

On the downside

The Street Ratings downgraded Graftech International (NYSE: GTI) from a Hold rating to a Sell rating.

Shares of Pimco funds Pimco High Income Fund (NYSE: PHK), Pimco Corporate & Income Opportunity Fund (NYSE: PTY), Pimco Global StocksPLUS & Income Fund (NYSE: PGP) and Pimco Strategic Income Fund (NYSE: RCS) all fell after Bill Gross announced his departure from the company that he founded.

Powell Industries (Nasdaq: POWL) lowered its full year earnings and revenue outlook.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 rose 7 points to 1973. Bitcoin lost $7 to $399.

GDP revised upward, markets open higher

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An upward revision of the nation's gross domestic product lifted the markets to a higher open with the Dow climbing 69 points to 17,015. Nasdaq gained 19 points to 4,486.

On the upside

Pimco (NYSE: PHK) founder Bill Gross quits to join Janus Capital Group (NYSE: JNS) to manage the newly created Janus Global Unconstrained Bond Fund.

Nike (NYSE: NKE) reported higher first quarter earnings and revenue that surpassed analyst expectations.

Digital Ally (Nasdaq: DGLY) received an order from the U.S. military police for its FirstVU HD body-worn camera, DVM-800 in-car camera and patented VuLink for hands-free recording activation.

On the downside

AcelRx Pharmaceuticals (Nasdaq: ACRX) will resubmit its New Drug Application for Zalviso in the first quarter of 2015.

Finish Line (Nasdaq: FINL) disappointed with lower second quarter earnings that fell short of analyst expectations.

Profit taking weighed down shares of Cyber-Ark Software (Nasdaq: CYBR).

In the broad market, advancing issues outpaced decliners 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 rose 6 points to 1972. Bitcoin fell $13 to $393.
The markets collapsed with the Dow diving 264 points to 16,945 as durable goods orders sank in August. Nasdaq skidded 88 points to 4,466.

On the upside

Swift Transportation (NYSE: SWFT) affirmed its third quarter earnings outlook.

Regado Biosciences (Nasdaq: RGDO) will reduce its workforce by 60%.

Bargain hunters snapped up shares of Atossa Genetics (Nasdaq: ATOS).

On the downside

The Food and Drug Administration issued a Warning Letter to Pacira Pharmaceuticals (Nasdaq: PCRX) for misleading claims on promotional material for its post surgical analgesia Exparel.

Third quarter earnings plunged for Omnova Solutions (NYSE: OMN) to fall far short of analyst expectations as revenue slipped.

First week sales of Microsoft's (Nasdaq: MSFT) Xbox One in Japan have disappointed.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 1 on the NYSE and by more than 4 to 1 on Nasdaq. The broader S&P 500 plummeted 32 points to 1965. Bitcoin fell $11 to $407.
The markets extended its losses during the midday with the Dow collapsing 242 points to 16,967 over a sharp drop in durable goods orders. Nasdaq plummeted 78 points to 4,476.

On the upside

Cone Midstream Partners (NYSE: CNNX) surged on its first trading day.

Magnum Hunter Resources (NYSE: MHR) reported production results at its Stewart Winland Utica well in West Virginia Utica and record throughput volumes at its Eureka Hunter's gas gathering pipeline system.

Blackhawk Network Holdings (Nasdaq: HAWK) will pay approximately $290 million to buy Parago.

On the downside

Shares of Net Element (Nasdaq: NETE) continued falling.

SFX Entertainment (Nasdaq: SFXE) closed its notes offering.

Metallurgical coal prices dropped to its lowest level in six years sending shares of Cliffs Natural Resources (Nasdaq: CLF) lower.

In the broad market, declining issues outpaced advancers by a margin of 6 to 1 on the NYSE and by more than 5 to 1 on Nasdaq. The broader S&P 500 plunged 28 points to 1969. Bitcoin fell $11 to $407.
A sharp 18.2% plunge in durable goods orders sent the markets tumbling with the Dow plummeting 159 points to 17,050. Nasdaq plunged 70 points to 4,484.

On the upside

LabCorp (NYSE: LH) will purchase LipoScience (Nasdaq: LPDX) in an all cash deal valued at approximately $85.3 million in cash.

ChinaNet (Nasdaq: CNET) participated in the 2014 Sina Supporting Wings Corporate Marketing Summit.

Shares of Cyber-Ark Software (Nasdaq: CYBR) continued to soar.

On the downside

Apple (Nasdaq: AAPL) withdrew its iOS 8.0.1 update after users experienced problems with their phones.

HB Fuller (NYSE: FUL) disappointed with sharply lower third quarter earnings that fell far short of analyst expectations.

BlackBerry (Nasdaq: BBRY) introduced its Passport phone aimed at business users but analysts doubt that interest will expand beyond the very loyal BlackBerry faithful.

In the broad market, declining issues outpaced advancers 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 tumbled 17 points to 1980. Bitcoin fell $11 to $407.

Markets leap as new home sales soar

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New home sales surged 18% in August to send the markets soaring to a sharply higher close with the Dow leaping 154 points to 17,210. Nasdaq jumped 46 points to 4,555.

On the upside

Shares of Citizens Financial Group (NYSE: CFG) climbed on its first trading day despite being priced below the expected range.

Bargain hunters lifted shares of SunEdison (NYSE: SUNE).

Rumors circulated that Alibaba (NYSE: BABA) may buy Yahoo (Nasdaq: YHOO).

On the downside

Profit taking continued to sink shares of ChinaNet Online Holdings (Nasdaq: CNET).

Concerns about an oversupply of coal continued to weigh down shares of Walter Energy (NYSE: WLT) and Alpha Natural Resources (NYSE: ANR).

Bloomberg reported that sales for Skechers (NYSE: SKX) have been dropping.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 climbed 15 points to 1998. Bitcoin eased a fraction to $417.

Surge in new home sales boosts markets

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An 18% surge in new home sales last month boosted the markets during the midday with the Dow climbing 84 points to 17,140. Nasdaq soared 29 points to 4,537.

On the upside

Shares of Cyber-Ark Software (Nasdaq: CYBR) surged in its market debut.

Green Dot (NYSE: GDOT) launched its GoBank checking account exclusively at Wal-Mart (NYSE: WMT).

Bed Bath & Beyond (Nasdaq: BBBY) reported higher second quarter earnings and revenue that topped analyst estimates.

On the downside

Profit taking sank shares of BioFuel Energy (Nasdaq: BIOF).

AAR (NYSE: AIR) disappointed with lower first quarter earnings and revenue that missed expectations prompting the company to lower its full year guidance.

Alfa-Bank increased its credit facility for Net Element (Nasdaq: NETE).

In the broad market, advancing issues outpaced decliners by a margin of 9 to 7 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 gained 8 points to 1991. Bitcoin lost $8 to $425.
The markets opened flat with the Dow adding 3 points to 17,059 as investors monitored airstrikes in the Middle East. Nasdaq rose 2 points to 4,511.

On the upside

Lipocine (Nasdaq: LPCN) reported positive results from a Phase 3 clinical study of its testosterone replacement LPCN 1021.

Acorda Therapeutics (Nasdaq: ACOR) will pay approximately $525 million in  cash to acquire Civitas Therapeutics.

Baxter International (NYSE: BAX) will market Merrimack Pharmaceuticals' (Nasdaq: MACK) pancreatic cancer treatment MM-398 outside of the U.S. and Taiwan.

On the downside

GrafTech International (NYSE: GTI) lowered its full year earnings outlook and reorganized its management team.

Echo Therapeutics (Nasdaq: ECTE) suspended operations due to liquidity concerns.

The Food and Drug Administration did not clear Atossa Genetics' (Nasdaq: ATOS) ForeCYTE Breast Aspirator for marketing in the U.S.

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE while advancers edged out decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 slipped 3 points to 1979. Bitcoin lost $6 to $428.
U.S. airstrikes against terrorist groups sent the markets tumbling to a sharply lower close with the Dow plunging 116 points to 17,055. Nasdaq fell 19 points to 4,508.

On the upside

Bargain hunters lifted shares of Sino-Global Shipping America (Nasdaq: SINO).

The Albany Business Review reported that Power Plug (Nasdaq: PLUG) chief executive Andy Marsh said 2015 revenue may exceed analyst expectations.

Ardour Capital initiated coverage of Highpower International (Nasdaq: HPJ) with a Buy rating.

On the downside

Tesaro (Nasdaq: TSRO) will offer $165 million worth of convertible senior notes.

Shares of ITT Educational Services (NYSE: ESI) continued falling.

Mad Money's Jim Cramer listed Emerge Energy Services (NYSE: EMES) as a top stock pick but the stock price fell.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 fell 11 points to 1982. Bitcoin soared $35 to $432.

Losses extended as ISIS targeted

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The markets extended its losses during the midday with the Dow falling 71 points to 17,101 as the war on ISIS escalated. Nasdaq lost 7 points to 4,520.

On the upside

The Food and Drug Administration granted Fast Track Designation for Galmed Pharmaceuticals' (Nasdaq: GLMD) non-alcoholic steato-hepatitis treatment aramchol.

Millennial Media (NYSE: MM) will acquire Nexage in a cash and stock deal valued at approximately $107.5 million.

Shares of Herbalife (NYSE: HLF) climbed once rumors of Carl Icahn's selloff were denied.

On the downside

Investors locked in profits on ChinaNet Online Holdings (Nasdaq: CNET).

Alco Stores (Nasdaq: ALCS) widened second quarter losses as revenue fell.

Sterne Agee downgraded Del Frisco's Restaurant (NYSE: DFRG) from a Buy rating to a Neutral rating.

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 lost 6 points to 1987. Bitcoin slipped $4 to $392.
The markets opened lower with the Dow losing 26 points to 17,146 as the U.S. launched airstrikes against ISIS targets in Syria. Nasdaq edged up a point to 4,528.

On the upside

Shares of NXT-ID (Nasdaq: NXTD) extended its gains.

The Special Operations Command of the Fire Department of the City of New York has begun final testing of MagneGas (Nasdaq: MNGA) as a replacement for acetylene.

China Finance Online (Nasdaq: JRJC) partnered with Zhongshan Securities to integrate China Finance Online's web-based trading platform with Zhongshan's trading and settlement system.

On the downside

Ascena Retail Group (Nasdaq: ASNA) disappointed with sharply lower fourth quarter earnings and forecast 2015 earnings that missed analyst expectations.

CarMax (NYSE: KMX) reported higher second quarter earnings but the results fell short of expectations.

Bankruptcy concerns continued to weigh down shares of Mechel (NYSE: MTL).

In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 edged down a fraction to 1993. Bitcoin slipped $3 to $392.
Existing home sales unexpectedly fell last month to send the markets tumbling to a sharply lower close with the Dow plunging 107 points to 17,172. Nasdaq plummeted 52 points to 4,527.

On the upside

TTM Technologies (Nasdaq: TTMI) will acquire Viasystems Group (Nasdaq: VIAS) in a cash and stock deal valued at approximately $927 million including the assumption of debt.

Alcobra (Nasdaq: ADHD) completed all follow-up visits to patients enrolled in a Phase III clinical trial of Metadoxine Extended Release.

Bargain hunters snapped up shares of ReWalk Robotics (Nasdaq: RWLK).

On the downside

The Wall Street Journal reported that Russia's economic minister expects Mechel OAO (NYSE: MTL) to file for bankruptcy.

Profit taking weighed down shares of Alibaba (NYSE: BABA).

Speculation that billionaire investor Carl Icahn sold his stake in Herbalife (NYSE: HLF) sent shares of the nutritional supplement company tumbling.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 1 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 tumbled 16 points to 1994. Bitcoin rose $7 to $395.
The markets continued falling during the midday with the Dow dropping 76 points to 17,202 over concerns that the Chinese economy was slowing. Nasdaq plunged 59 points to 4,520.

On the upside

The Food and Drug Administration has authorized Tekmira Pharmaceuticals (Nasdaq: TKMR) to provide TKM-Ebola to treat patients with confirmed or suspected Ebola infections.

NXT-ID (Nasdaq: NXTD) was uplisted to Nasdaq from Nasdaq Capital Market.

Clorox (NYSE: CLX) will close its operations in Venezuela and sell its assets.

On the downside

The Independent Data Monitoring Committee recommended that Threshold Pharmaceuticals' (Nasdaq: THLD) Phase 3 clinical trial of TH-302 in patients with advanced soft tissue sarcoma continue as planned.

TriMas (Nasdaq: TRS) cut its earnings outlook for the full year and announced plans to purchase Allfast Fastening Systems.

Shares of SinoCoking Coal and Coke Chemical Industries (Nasdaq: SCOK) extended its losses.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 1 on the NYSE and by more than 4 to 1 on Nasdaq. The broader S&P 500 fell 14 points to 1995. Bitcoin added $6 to $394.
Concerns that China's economy has slowed weighed the markets down to a lower open with the Dow slipping 15 points to 17,264. Nasdaq fell 20 points to 4,559.

On the upside

ChinaNet Online (Nasdaq: CNET) won the Best Company in Chinese Entrepreneurial SME Business Development Marketing at the 2014 Chinese e-Commerce Industry Gateway Conference in Beijing.

Merck will pay a premium of approximately $17 billion in cash to buy Sigma-Aldrich (Nasdaq: SIAL).

SeeThruEquity lifted its price target on Net Element (Nasdaq: NETE) from $3.47 to $5.17 per share.

On the downside

Shares of ITT Educational Services (NYSE: ESI) extended its losses.

Carbo Ceramics (NYSE: CRR) warned of lower third quarter ceramic proppant sales as potential clients switched to sand.

Robert W. Baird downgraded InvenSense (NYSE: INVN) from an Outperform rating to a Neutral rating.

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 lost 5 points to 2004. Bitcoin added $6 to $394.
The markets closed mixed with the Dow rising 13 points to 17,279 as Oracle's management change tempered enthusiasm for Alibaba's impressive IPO. Nasdaq lost 13 points to 4,579.

On the upside

Shares of Alibaba Group (NYSE: BABA) leaped in its market debut.

ChinaNet Online Holdings (Nasdaq: CNET) announced a new growth strategy focused on digital advertising services and has engaged in discussions to provide Alibaba (NYSE: BABA) with Micro-Sell 360.

Fairway Group Holdings (Nasdaq: FWM) named Jack Murphy to the position of chief executive officer.

On the downside

Quest Resource Holding (Nasdaq: QRHC) priced its public offering of 9 million common shares at the discounted priced of $1.99 per share.

The SEC may take enforcement action against ITT Educational Services (NYSE: ESI).

Primero Mining (NYSE: PPP) reported a fatal accident involving an employee of a contractor at its San Dimas Mine in Mexico.

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 eased a point to 2010. Bitcoin slipped $1 to $390.

Markets soar as Alibaba makes debut

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Alibaba's eagerly anticipated IPO boosted the markets to a sharply higher open with the Dow climbing 74 points to 17,340. Nasdaq gained 14 points to 4,607.

On the upside

SAP will a premium of approximately $7.3 billion in cash to acquire Concur Technologies (Nasdaq: CNQR).

Reports circulated that Siemens was preparing to make an offer for Dresser-Rand Group (NYSE: DRC).

Pro-Dex (Nasdaq: PDEX) swung to a profit for the fourth quarter as revenue rose.

On the downside

Shares of Net Element (Nasdaq: NETE) extended its losses.

Oracle (NYSE: ORCL) founder Larry Ellison will relinquish the chief executive officer role to Safra Catz and Mark Hurd. The software firm also reported slightly lower first quarter earnings that missed expectations.

Red Hat (NYSE: RHT) reported higher second quarter earnings and revenue but cash flow fell.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 7 points to 2019. Bitcoin dropped $27 to $395.

Dow sets new record

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The markets rallied to a record close with the Dow surging 109 points to a new high of 17,265 as investors embraced low interest rates and falling unemployment claims. Nasdaq climbed 31 points to 4,593.

On the upside

Bargain hunters lifted shares of China Recycling Energy (Nasdaq: CREG).

Oncothyreon (Nasdaq: ONTY) priced two separate offerings of 10 million common shares and 10,000 shares of convertible preferred stock.

A doctor has been testing a combination of Arena Pharmaceuticals' (Nasdaq: ARNA) obesity treatment Belviq with phentermine to improve weight loss.

On the downside

A Food and Drug Administration advisory panel recommended that the agency limit the use of low testosterone drugs such as Repros Therapeutics' (Nasdaq: RPRX) Androxal.

Investors continued to lock in profits on Sino-Global Shipping America (Nasdaq: SINO).

Hercules Offshore (Nasdaq: HERO) blamed falling demand for idling another rig.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 rose 9 points to close at a record 2011. Bitcoin tumbled $36 to $406.

Jobless claims drop, markets advance

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A steeper than expected drop in first time applications for unemployment benefits lifted the markets higher during the midday with the Dow soaring 95 points to 17,252. Nasdaq climbed 28 points to 4,590.

On the upside

Shares of ProQR (Nasdaq: PRQR) surged on its first trading day.

Foamix Pharmaceuticals (Nasdaq: FOMX) stock soared in its market debut.

Vimicro International (Nasdaq: VIMC) will participate in investor events hosted by Industrial Securities.

On the downside

Investors locked in profits on Tokai Pharmaceuticals (Nasdaq: TKAI).

SinoCoking Coal and Coke Chemical Industries (Nasdaq: SCOK) announced a $14.3 million registered direct offering.

Ernst & Young resigned as the independent auditor for PDL BioPharma (Nasdaq: PDLI).

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 rose 8 points to 2010. Bitcoin dropped $23 to $419.
The markets opened higher with the Dow climbing 77 points to 17,233 after the Federal Reserve maintained interest rates. Nasdaq gained 20 points to 4,582.

On the upside

The Food and Drug Administration approved the fast-acting erectile dysfunction medication Stendra that was developed by Vivus (Nasdaq: VVUS) and Auxilium Pharmaceuticals (Nasdaq: AUXL).

Veritas Capital will pay $150 million in cash to acquire the Space Photovoltaics business  of Emcore (Nasdaq: EMKR).

Penn West Petroleum (NYSE: PWE) swung to a profit for the second quarter and declared a quarterly dividend of $0.14 per share payable on October 15, 2014 to shareholders of record September 30, 2014.

On the downside

Rite Aid (NYSE: RAD) reported sharply higher second quarter earnings but the company cut its full year earnings outlook.

Pier 1 Imports (NYSE: PIR) disappointed with lower second quarter earnings that fell short of analyst expectations and lowered its full year guidance.

Marchex (Nasdaq: MCHX) lowered its full year call-driven revenue.

In the broad market, advancing issues outpaced decliners 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 added 5 points to 2007. Bitcoin fell $13 to $429.
The Federal Reserve's commitment to a continued policy of low interest rates lifted the markets to a higher close with the Dow gaining 24 points to 17,156. Nasdaq rose 9 points to 4,562.

On the upside

TG Therapeutics (Nasdaq: TGTX) stock climbed again after announcing a special protocol assessment agreement with the Food and Drug Administration on Monday.

Shares of Epiq Systems (Nasdaq: EPIQ) continued soaring after Nasdaq announced on Monday that Epiq would be added to the Nasdaq Technology Dividend Index before Market Open on September 22, 2014.

A bankruptcy judge said that the bankruptcy hearing for Siga Technologies (Nasdaq: SIGA) was not the appropriate venue for PharmAthene to seek liability payments stemming from a lawsuit.

On the downside

Pomerantz will investigate investor claims against PDL BioPharma (Nasdaq: PDLI).

Owens-Illinois (NYSE: OI) warned of lower third quarter earnings.

Atlantic Power (NYSE: AT) extended its losses.

In the broad market, advancing issues outpaced decliners 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 rose 6 points to 2005. Bitcoin dropped $18 to $440.

Markets flat as consumer prices drop

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The markets traded flat during the midday with the Dow rising 5 points to 17,137 as consumer prices dropped. Nasdaq edged up a point to 4,553.

On the upside

Shares of Tokai Pharmaceuticals (Nasdaq: TKAI) surged on its first trading day.

CTI BioPharma (Nasdaq: CTIC) entered an exclusive license and collaboration agreement with Servier to develop and commercialize PIXUVRI to treat aggressive B-cell non-Hodgkin lymphoma.

YRC Worldwide (Nasdaq: YRCW) amended its credit agreement.

On the downside

Oncolytics Biotech (Nasdaq: ONCY) reported that its carboplatin, paclitaxel plus REOLYSIN treatment for pancreatic cancer barely extended the median progression free survival time in test patients prompting a downgrade.

Profit taking sank shares of Sino-Global Shipping America (Nasdaq: SINO).

Skechers USA (NYSE: SKX) sued DB Shoe Company for infringing on its Skechers Go Walk product line.

In the broad market, advancing issues outpaced decliners 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 held steady at 1998. Bitcoin fell $11 to $448.
The markets opened higher with the Dow gaining 27 points to 17,159 as investors await the Federal Reserve's policy statement this afternoon. Nasdaq rose 9 points to 4,561.

On the upside

Net Element (Nasdaq: NETE) will enable merchants to accept Apple Pay.

Auxilium Pharmaceuticals (Nasdaq: AUXL) received an acquisition offer from Endo Pharmaceuticals valued at approximately $2.2 billion.

The Canadian unit of United States Steel (NYSE: X) will file for creditor protection.

On the downside

Rackspace Hosting (NYSE: RAX) named Taylor Rhodes to replace Graham Weston as chief executive and ended discussions to sell itself.

Sony (NYSE: SNE) warned that losses for the fiscal year would soar to $2.15 billion, canceled dividend payments and announced plans to eliminate approximately 1,000 positions.

Sunoco Logistics Partners (NYSE: SXL) priced its public offering of 7.7 million common units at the discounted price of $48.46 per unit.

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 3 on Nasdaq. The broader S&P 500 rose 3 points to 2002. Bitcoin lost $6 to $452.
Reports that China's central bank increased its stimulus measures boosted the markets to a sharply higher close with the Dow soaring 100 points to 17,131. Nasdaq gained 33 points to 4,552.

On the upside

Speculation that a new government will be elected in October lifted shares of Petrobas (NYSE: PBR). President Dilma Rousseff and his administration has been plagued by accusations of bribery.

Micron Technology (Nasdaq: MU) introduced its next generation M600 solid-state drive.

MKM Partners affirmed its Buy rating on Twitter (NYSE: TWTR).

On the downside

Odyssey Marine Exploration (Nasdaq: OMEX) completed the current recovery phase of its operations on the SS Central America shipwreck.

Net Element (Nasdaq: NETE) extended its losses.

Advanced Micro Devices (NYSE: AMD) collaborated with Canonical to deploy an OpenStack private cloud but the stock price fell.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 climbed 14 points to 1998. Bitcoin lost $11 to $461.

Markets surge as Fed meets

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The markets surged during the midday with the Dow jumping 128 points to 17,159 as the Federal Reserve commenced its two-day policy meeting. Nasdaq climbed 35 points to 4,554.

On the upside

Bill Barrett (NYSE: BBG) sold the majority of its Powder River Basin acreage and all of its holdings in the Piceance Basin.

Abraxas (Nasdaq: AXAS) increased its third quarter production guidance while lowering its expected operating costs.

Entropic Communications (Nasdaq: ENTR) retained the services of Barclays to explore strategic options.

On the downside

Opexa Therapeutics (Nasdaq: OPXA) terminated the public offering of common stock that was announced yesterday.

Profit taking weighed down shares of Scientific Games (Nasdaq: SGMS).

Sears Holdings (Nasdaq: SHLD) will borrow $400 million in the form of a short term loan from chief executive officer Edward Lampert's hedge fund ESL Investments

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 gained 14 points to 1999. Bitcoin lost $11 to $461.
Producer prices held steady last month raising hopes that the Federal Reserve will delay lifting interest rates. The markets opened higher with the Dow rising 9 points to 17,040. Nasdaq gained 10 points to 4,529.

On the upside

Washington Prime Group will acquire Glimcher Realty Trust (NYSE: GRT) in a stock and cash deal valued at approximately $4.3 billion including the assumption of debt.

Sino-Global Shipping America (Nasdaq: SINO) swung to a profit for the fourth quarter and full year.

The Chinese local government of Pingdingshan will provide SinoCoking Coal and Coke Chemical Industries (Nasdaq: SCOK) with an extensive gas pipeline distribution network and gas storage system.

On the downside

After concluding its strategic review, Atlantic Power (NYSE: AT) cut its annual dividend and named Ken Hartwick to the position of interim president and chief executive officer.

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

Siga Technologies (Nasdaq: SIGA) filed for Chapter 11 bankruptcy protection.

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 1988. Bitcoin slipped $6 to $466.
The markets closed mixed with the Dow gaining 43 points to 17,031 as August factory production fell. Nasdaq dropped 48 points to 4,518.

On the upside

Miller Energy Resources (NYSE: MILL) named Carl F. Giesler, Jr. to the position of chief executive officer and entered into a non-binding letter of intent to buy most of the Alaskan operating assets of Buccaneer Energy.

Shares of Cliffs Natural Resources (NYSE: CLF) continued climbing.

AIESEC Canada's executive team will be equipped with BlackBerry Z30 smartphones (Nasdaq: BBRY).

On the downside

Profit taking continued to sink shares of RADA Electronic Industries (Nasdaq: RADA).

Twitter (NYSE: TWTR) increased the size of its bond offering.

Micron Technology (Nasdaq: MU) chief financial officer Ronald C. Foster sold 20,000 shares of company stock.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 eased a pointsto 1984. Bitcoin held steady at $471.

Markets mixed at midday

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The markets traded mixed during the midday with the Dow rising 16 points to 17,004 while Nasdaq tumbled 50 points to 4,517 ahead of the Federal Reserve's policy meeting tomorrow.

On the upside

Former Alere (NYSE: ALR) chief executive Ron Zwanziger offered to buy the company for a premium of approximately $3.82 billion.

Molson Coors Brewing (NYSE: TAP) stock climbed after Heineken received an acquisition offer.

A record number of preorders for the iPhone 6 and iPhone 6 Plus (Nasdaq: AAPL) lifted shares of cashless payment solutions company On Track Innovations (Nasdaq: OTIV).

On the downside

The Securities and Exchange Commission is investigating Bankrate's (NYSE: RATE) 2012 financial reporting. Bankrate appointed Steven Barnhart as interim chief financial officer effective immediately.

Orexigen Therapeutics (Nasdaq: OREX) extended its losses.

Investors continued to lock in profits on SinoCoking Coal and Coke Chemical Industries (Nasdaq: SCOK).

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by 7 to 2 on Nasdaq. The broader S&P 500 slipped 4 points to 1981. Bitcoin held steady at $471.

Lower open as factory production falls

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A drop in factory production weighed the markets down to a lower open with the Dow easing 2 points to 16,984. Nasdaq fell 38 points to 4,528.

On the upside

Avanir Pharmaceuticals (Nasdaq: AVNR) reported positive results from a Phase II clinical trial of its agitation in Alzheimer's disease treatment AVP-923.

Shares of ReWalk Robotics (Nasdaq: RWLK) continued to soar after a successful debut on Friday.

21Vianet (Nasdaq: VNET) chief executive Josh Chen issued a letter to shareholders denying allegations of fraud made by Trinity Research.

On the downside

Net Element (Nasdaq: NETE) entered a debt exchange agreement with Crede CG.

A Food and Drug Administration advisory panel recommended approval for NPS Pharmaceuticals' (Nasdaq: NPSP) hypoparathyroidism treatment Natpara but many safety questions were raised.

Profit taking continued to sink shares of Weibo (Nasdaq: WB).

In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 fell 11 points to 1985. Bitcoin slipped $2 to $470.

Lower close over rate concerns

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Concerns that the Federal Reserve would soon raise interest rates weighed the markets down to a lower close with the Dow falling 61 points to 16,987. Nasdaq dropped 24 points to 4,567.

On the upside

Following two days of profit taking, On Track Innovations (Nasdaq: OTIV) share climbed again.

PSP Investments, Ontario Teachers' Pension Plan and GIC invested $700 million in XPO Logistics (NYSE: XPO).

Second quarter earnings slipped for Sportsman's Warehouse Holdings (Nasdaq: SPWH) but the results were better than expected.

On the downside

Petrobas (Nasdaq: PBR) extended its losses after bribery allegations surfaced earlier this week.

Continued weakness in the offshore drilling market weighed down shares of North Atlantic Drilling (NYSE: NADL) and SeaDrill (Nasdaq: SDRL).

Profit taking weighed down shares of Ubiquiti Networks (Nasdaq: UBNT).

In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 fell 11 points to 1985. Bitcoin slipped $2 to $470.

Geopolitical concerns weigh down markets

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August retail sales rose but geopolitical concerns weighed down the markets during the midday with the Dow falling 61 points to 16,987. Nasdaq lost 19 points to 4,572.

On the upside

Shares of ReWalk Robotics (Nasdaq: RWLK) surged in its market debut.

Investors snapped up shares of mobile payment processing company Net Element (Nasdaq: NETE) as the iPhone 6 Plus sells out.

Morgan Stanley affirmed its Overweight rating on 21Vianet (NYSE: VNET).

On the downside

Affimed Therapeutics (Nasdaq: AFMD) fell on its first trading day.

Profit taking weighed down shares of Energy Focus (Nasdaq: EFOI).

Health Care REIT (NYSE: HCN) priced its public offering of 15.5 million common shares at the discounted price of $63.75 per share.

In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 fell 11 points to 1986. Bitcoin slipped $2 to $470.
The markets opened lower with the Dow losing 28 points to 17,020 as sanctions against Russia expanded. Nasdaq slipped 11 points to 4,580.

On the upside

Alliance Data Systems (Nasdaq: ADS)  will pay a premium of approximately $2.3 billion to acquire Conversant (Nasdaq: CNVR) .

Ulta Beauty (Nasdaq: ULTA) reported sharply higher second quarter earnings that surpassed analyst expectations prompting the company to lift it full year outlook.

China Green Agriculture (NYSE: CGA) reported higher revenue for the fourth quarter.

On the downside

The Food and Drug Administration denied Amarin's (Nasdaq: AMRN) appeal of the agency's recession of the ANCHOR clinical trial Special Protocol Assessment agreement.

RadioShack (NYSE: RSH) widened losses more than expected for the second quarter and warned that it may file for bankruptcy.

Xcerra (Nasdaq: XCRA) priced its public offering of more than 4.68 million common shares at the discounted price of $10.25 per share.

In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 4 points to 1992. Bitcoin slipped $4 to $467.
The markets markets closed mixed with the Dow slipping 19 points to 17,049 as upbeat earnings tempered concerns about an increase in jobless claims. Nasdaq rose 5 points to 4,591.

On the upside

T.H. Capital initiated coverage of Weibo (Nasdaq: WB) with a Buy rating.

Gogo (Nasdaq: GOGO) partnered with T-Mobile (NYSE: TMUS) to provide free texting and voicemail to T-Mobile customers on Gogo equipped domestic flights.

Vail Resorts (NYSE: MTN) will pay approximately $182.5 million in cash to acquire Park City Mountain Resort.

On the downside

Brady (NYSE: BRC) narrowed losses for the fourth quarter but the results fell short of analyst expectations.

Concerns about increased ethanol imports from Brazil weighed down shares of Pacific Ethanol (Nasdaq: PEIX).

Investors continued to lock in profits on On Track Innovations (Nasdaq: OTIV).

In the broad market, advancing issues outpaced decliners by a margin of 9 to 7 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 added a point to 1997. Bitcoin lost $5 to $472.
The markets traded lower during the midday with the Dow losing 38 points to 17,029 as jobless claims unexpectedly rose. Nasdaq fell 11 points to 4,574.

On the upside

Shares of SinoCoking (Nasdaq: SCOK) surged again on the strength of a new project announced on Tuesday to convert coal into syngas.

Eastman Chemical (NYSE: EMN) will pay a premium of approximately $1.73 billion to acquire Taminco (NYSE: TAM).

Shares of Lands' End (Nasdaq: LE) extended its gains.

On the downside

Investors locked in profits on Net Element (Nasdaq: NETE).

Identiv (Nasdaq: INVE) priced its public offering of 2 million common shares at the discounted price of $15 per share.

Profit taking weighed down shares of Synthesis Energy Systems (Nasdaq: SYMX).

In the broad market, declining issues edged out advancers by a slim margin on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 slipped 3 points to 1991. Bitcoin lost $3 to $473.

Lower open as jobless claims climb

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An unexpected gain in first time applications for unemployment benefits sent the markets down to a lower open with the Dow falling 43 points to 17,025. Nasdaq lost 9 points to 4,576.

On the upside

Second quarter earnings slipped for Lululemon Athletica (Nasdaq: LULU) but the results were better than expected prompting the company to lift its full year guidance.

JDS Uniphase (Nasdaq: JDSU) will split into two publicly traded companies.

Energy Focus (Nasdaq: EFOI) received an order from the U.S. Navy valued at approximately $7.7 million, the single largest order that the company has ever received.

On the downside

Shares of 21Vianet Group (Nasdaq: VNET) continued falling.

E2open (Nasdaq: EOPN) lowered its full year outlook saying that three significant clients will not renew their contracts and a fourth will delay implementation until next year.

The Food and Drug Administration approved Orexigen Therapeutics' (Nasdaq: OREX) obesity treatment Contrave but concerns about health insurance reimbursements weighed down the stock.

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on both the NYSE and on Nasdaq. The broader S&P 500 slipped 4 points to 1991. Bitcoin lost $3 to $473.

Higher close as investors embrace Apple

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The markets closed higher with the Dow gaining 54 points to 17,068 as investors embraced the larger screens of the new iPhone 6 and iPhone 6 Plus. Nasdaq climbed 34 points to 4,586.

On the upside

Synthesis Energy Systems (Nasdaq: SYMX) narrowed losses for the fourth quarter as revenue surged.

Second quarter earning rose more than expected for Lands' End (Nasdaq: LE) on higher revenue.

Zacks Equity Research noted that Endocyte (Nasdaq: ECYT) was a stock worth watching.

On the downside

RXi Pharmaceuticals (Nasdaq: RXII) extended its losses.

Investors continued to lock in profits on RADA Electronic Industries (Nasdaq: RADA).

Profit taking weighed down shares of Image Sensing Systems (Nasdaq: ISNS).

In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE and by 3 to 2 on Nasdaq. The broader S&P 500 rose 7 points to 1995. Bitcoin gained $8 to $479.

Markets higher as job openings rise

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An increase in job openings lifted the markets during the midday with the Dow rising 21 points to 17,034. Nasdaq climbed 18 points to 4,570.

On the upside

Net Element (Nasdaq: NETE) will present at the SeeThruEquity Fall Microcap Investor Conference on September 11, 2014.

Avanir Pharmaceuticals (Nasdaq: AVNR) presented at the Morgan Stanley Global Healthcare Conference last night.

Palo Alto Networks (Nasdaq: PANW) reported sharply higher fourth quarter earnings and revenue and forecast current quarter revenue ahead of estimates.

On the downside

Trinity Research alleged that 21 Vianet Group (Nasdaq: VNET) committed fraud by releasing false financial statements.

Profit taking weighed down shares of SinoCoking (Nasdaq: SCOK).

500.com (NYSE: WBAI) reiterated that it received all necessary licenses and approvals to provide online sports lottery services in China.

In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE while advancers edged out decliners by a slim margin of nearly 5 to 4 on Nasdaq. The broader S&P 500 added 2 points to 1991. Bitcoin rose $11 to $483.
The markets opened flat with the Dow slipping 3 points to 17,009 while Nasdaq added a point to 4,553 over disappointment that Apple failed to introduce a digital wallet along with its new iPhone 6.

On the upside

On Track Innovations (Nasdaq: OTIV) introduced its WAVE and NFC Insert mobile add-on devices to add near field communication capabilities to older iPhone and iPad devices.

The Food and Drug Administration posted briefing materials for NPS Pharmaceuticals' (Nasdaq: NPSP) hormone replacement therapy Natpara indicating that the drug was effective.

Camtek (Nasdaq: CAMT) received new orders valued at approximately $3 million.

On the downside

Goldman Sachs and Piper Jaffray downgraded GT Advanced Technologies (Nasdaq: GTAT) to Neutral ratings and slashed their price targets on the company.

Deutsche Banks downgraded Mobileye (NYSE: MBLY) from a Buy rating to a Hold rating.

AngloGold Ashanti (NYSE: AU) will spin off its international mining operations.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 slipped 3 points to 1984. Bitcoin rose $8 to $480.

Markets tumble over data breaches

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Despite the unveiling of two new iPhones, the markets closed sharply lower with the Dow tumbling 97 points to 17,013 as payment system data breaches weighed on investors. Nasdaq dropped 40 points to 4,552.

On the upside

Pulse Electronics (NYSE: PULS) had no comment on today's 50% surge in its stock price.

iPass (Nasdaq: IPAS) retained the services of Blackstone Advisory Partners and Cooley to explore strategic options to increase shareholder value.

Citigroup lifted its price target on Mobileye (NYSE: MBLY) from $48 to $62.

On the downside

Wedbush analyst Michael Pachter slashed its price target on RadioShack (NYSE: RSH) from $1 to $0.

Apple (Nasdaq: AAPL) iPhone 6 and iPhone 6 Plus will feature ion strengthened displays rather than sapphire displays made by GT Advanced Technologies (Nasdaq: GTAT).

Leidos Holdings (NYSE: LDOS) fell to a greater than expected loss for the second quarter.

In the broad market, declining issues outpaced advancers 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 dropped 13 points to 1988. Bitcoin slipped $1 to $468.
The markets traded lower during the midday with the Dow falling 48 points to 17,063 over cybersecurity concerns. Nasdaq lost 4 points to 4,587.

On the upside

Shares of WPCS International (Nasdaq: WPCS) continued rising.

Endocyte (Nasdaq: ECYT) stock extended its gains.

Chimerix (Nasdaq: CMRX) reported potentially favorable results in a Phase 2 study of brincidofovir to treat adenovirus.

On the downside

Profit taking weighed down shares of 21Vianet Group (Nasdaq: VNET).

Investors locked in profits (Nasdaq: CMGE) on China Mobile Games and Entertainment Group.

Profit takers sent shares of Giga-tronics (Nasdaq: GIGA) lower.

In the broad market, declining issues outpaced advancers 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 lost 5 points to 1995. Bitcoin slipped $2 to $467.
The markets opened lower with the Dow dropping 88 points to 17,023 as the Home Depot payment systems breach renewed cybersecurity concerns. Nasdaq fell 16 points to 4,575.

On the upside

General Mills (NYSE: GIS) will pay approximately $820 million to acquire natural food company Annie's (NYSE: BNNY).

SinoCoking (Nasdaq: SCOK) will convert 21 million tons of coal into clean burning syngas and expects gross profit of $30 to $45 million in 2015.

BGC Partners will offer a premium of approximately $675 million for GFI Group (NYSE: GFIG).

On the downside

FuelCell Energy (Nasdaq: FCEL) widened losses for the third quarter as revenue fell and announced plans to sell its 1.4 megawatt fuel cell power plant project at the University of Bridgeport to NRG Energy.

Second quarter earnings slipped more than expected for Francesca's Holdings (Nasdaq: FRAN) and the company forecast current quarter results below estimates.

Investors locked in profits on RADA Electronics (Nasdaq: RADA).

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 fell 8 points to 1992. Bitcoin slipped $2 to $467.

Energy sector weighs down Dow

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The energy sector weighed down the Dow to a lower close with the blue chip index losing 25 points to 17,111. Nasdaq rose 9 points to 4,592.

On the upside

Giga-tronics (Nasdaq: GIGA) shareholders approved all proposals at the annual shareholders meeting on September 3, 2014.

BioDelivery Sciences International (Nasdaq: BDSI) president and chief executive officer Mark A. Sirgo increased his stake in the company by purchasing 2,000 shares of common stock last week.

Jefferies upgraded Infinera (Nasdaq: INFN) from a Hold rating to a Buy rating.

On the downside

Bloomberg wrote that Halcon Resources (NYSE: HK) has accumulated an enormous debt of nearly $3.2 billion exploring for oil reserves in shale.

AK Steel (NYSE: AKS) will offer 35 million shares of common stock and $430 million worth of senior notes.

Barron's reported that Petroleo Brasileiro Petrobas (NYSE: PBR) allegedly bribed government officials.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE while advancers edged out decliners by 5 to 4 on Nasdaq. The broader S&P 500 lost 6 points to 2001. Bitcoin fell $9 to $470.
The markets traded lower during the midday with the Dow losing 26 points to 17,110 as Scotland appeared more likely to support independence from the United Kingdom. Nasdaq held steady at 4,582.

On the upside

RADA Electronic Industries (Nasdaq: RADA) reversed year ago losses to post a profit for the second quarter as revenue climbed.

Shares of China Mobile Games and Entertainment Group (Nasdaq: CMGE) continued climbing.

FBN Securities analyst Shebly Seyrafi initiated coverage of GoPro (Nasdaq: GPRO) with an Outperform rating.

On the downside

Profit taking continued to sink shares of Image Sensing Systems (Nasdaq: ISNS).

Morgan Stanley downgraded Ford (NYSE: F) from an Overweight rating to an Underweight rating.

KPMG resigned as the independent auditor for World Acceptance (Nasdaq: WRLD).

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE while advancers edged out decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 6 points to 2001. Bitcoin fell $9 to $470.

Mixed open ahead of iPhone 6 launch

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The markets opened mixed with the Dow losing 15 points to 17,121 while Nasdaq gained 13 points to 4,596 ahead of Apple's launch of the iPhone 6.

On the upside

Global Cash Access Holdings will pay a premium of approximately $1.2 billion to buy Multimedia Games Holding (Nasdaq: MGAM).

iDreamSky Technology (Nasdaq: DSKY) extended its gains.

Shares of Mobileye (NYSE: MBLY) continued climbing.

On the downside

FBR Capital downgraded Keryx Biopharmaceuticals (Nasdaq: KERX) from a Market Perform rating to an Underperform rating.

Shares of Prana Biotechnology (Nasdaq: PRAN) continued falling.

Quiksilver (NYSE: ZQK) extended its losses.

In the broad market, advancing issues were on par with decliners on the NYSE and while advancers outpaced decliners by more than 7 to 5 on Nasdaq. The broader S&P 500 slipped 2 points to 2005. Bitcoin fell $13 to $466.

Easing rate concerns lift markets

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Concerns that the Federal Reserve would raise interest rates were eased by a weak jobs report. The markets closed higher with the Dow climbing 67 points to 17,137. Nasdaq gained 20 points to 4,582.

On the upside

GoPro (Nasdaq: GPRO) stock climbed on strong earnings from its video processing chip supplier Ambarella (Nasdaq: AMBA).

Shares of Xunlei (Nasdaq: XNET) continued climbing after announcing earlier this week plans to acquire Kuaipan Personal.

Bargain hunters lifted shares of TrueCar (Nasdaq: TRUE).

On the downside

A bankruptcy court approved USEC's (NYSE: USU) reorganization plan.

Investors continued to lock in profits on MobileIron (Nasdaq: MOBL).

Tumi Holdings (NYSE: TUMI) announced a secondary offering of 8 million common shares.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 gained 10 points to 2007. Bitcoin lost $9 to $479.
The markets recovered early morning loses to trade higher during the midday with the Dow gaining 47 points to 17,116 as the nation's unemployment rate slipped to 6.1% in August. Nasdaq rose 11 points to 4,573.

On the upside

Ivanhoe Energy (Nasdaq: IVAN) regained compliance with the Nasdaq minimum bid price rule earlier this week.

WPCS International (Nasdaq: WPCS) regained compliance with the $1 per share minimum price for ten consecutive days rule for Nasdaq listing.

Bargain hunters lifted shares of Mobileye (NYSE: MBLY).

On the downside

Recro Pharma (Nasdaq: REPH) will end a Phase IIb trial of its post-operational pain medication Dex-IN due to disappointing results.

Investors locked in profits on Achillion Pharmaceuticals (Nasdaq: ACHN).

Zumiez (Nasdaq: ZUMZ) reported higher second quarter earnings and revenue but the company forecast current quarter earnings below expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 6 points to 2004. Bitcoin fell $9 to $479.

Lower open on disappointing jobs data

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The markets opened lower with the Dow losing 20 points to 17,048 as fewer jobs than expected were added to the nation's economy. Nasdaq slipped 5 points to 4,556.

On the upside

The Food and Drug Administration granted Orphan Drug designation to Prana Biotechnolgy's (Nasdaq: PRAN) Huntington Disease treatment PBT2.

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

Infoblox (NYSE: BLOX) fell to a loss for the fourth quarter but the results were better than expected.

On the downside

Quiksilver (NYSE: ZQK) fell to a greater than expected loss on lower revenue.

Sportswear Holdings will sell its 5.7% stake in Michael Kors (NYSE: KORS) at the discounted price of $76.75 per share.

Gap (NYSE: GPS) disappointed with a greater than expected 2% drop in same store sales last month.

In the broad market, advancing issues edged out decliners by a margin of nearly 10 to 9 on the NYSE while decliners outpaced advancers by 7 to 5 on Nasdaq. The broader S&P 500 eased a point to 1995. Bitcoin lost $4 to $484.
Retreating crude oil prices weighed the markets down to a modestly lower close with the Dow slipping 8 points to 17,069. Nasdaq lost 10 points to 4,562.

On the upside

UTi Worldwide (Nasdaq: UTIW) widened second quarter losses but the stock price climbed.

Methode Electronics (NYSE: MEI) reported sharply higher first quarter earnings and revenue that beat analyst expectations prompting the company to lift its full year outlook.

Christopher & Banks (NYSE: CBK) reversed year ago losses to post a profit for the second quarter as revenue rose.

On the downside

AeroVironment (Nasdaq: AVAV) disappointed with a wider than expected loss for the first quarter.

A federal judged ruled that BP (NYSE: BP) was grossly negligent in the Deepwater Horizon disaster in the Gulf of Mexico and may have to pay up to $18 million in additional fines.

NorthStar Realty Finance (NYSE: NRF) priced its public offering of 45 million common shares at the discounted price of $18.40 per share.

In the broad market, declining issues outpaced advancers by a margin of 2 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 slipped 3 points to 1997. Bitcoin gained $13 to $487.

Rate cut lifts markets

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The markets traded higher during the midday with the Dow gaining 57 points to 17,135 after the European Central Bank cut rates. Nasdaq climbed 25 points to 4,598.

On the upside

Taser International (Nasdaq: TASR) received orders for its next generation Smart Weapons from multiple law enforcement agencies.

Digital Ally (Nasdaq: DGLY) stock surged again in anticipation of significant wearable body camera sales.

The Food and Drug Administration granted 510(k) clearance to Stereotaxis (Nasdaq: STXS) to market its Vdrive(TM) Robotic Navigation System with V-Loop(TM) Variable Loop Catheter Manipulator.

On the downside

The Arbitration Tribunal for the ICC International Court of Arbitration found that American Superconductor (Nasdaq: AMSC) subsidiary AMSC Austria breached a license agreement with Ghodawat Energy and awarded Ghodawat approximately $11 million.

Investors locked in profits on Infinity Pharmaceuticals (Nasdaq: INFI).

Profit taking continued to sink shares of Image Sensing Systems (Nasdaq: ISNS).

In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 climbed 9 points to 2010. Bitcoin gained $15 to $490.

Higher open as ECB cuts rates

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A rate cut by the European Central Bank cut lifted the markets to a higher open with the Dow climbing 64 points to 17,143. Nasdaq gained 22 points to 4,594.

On the upside

Teledyne Technologies (NYSE: TDY) will acquire Bolt Technology (Nasdaq: BOLT) in an all cash deal valued at approximately $171 million.

USAA and Mitek Systems (Nasdaq: MITK) settled all litigation claims between them.

PVH (NYSE: PVH) reversed year ago losses to post a stronger than expected profit for the second quarter.

On the downside

Ciena (NYSE: CIEN) swung to a profit for the third quarter but the networking equipment provider forecast current quarter revenue below expectations.

Summit Midstream Partners (NYSE: SMLP) increased its public offering to approximately 4.347 million common units and priced the offering at the discounted price of $53.88 per common unit.

Matrix Service (Nasdaq: MTRX) disappointed with flat fourth quarter earnings that missed analyst expectations and forecast 2015 earnings that fell short of estimates.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 gained 7 points to 2008. Bitcoin added $4 to $478.

It was a mixed close for the markets with the Dow rising 10 points to 17,078 after Ukraine modified its earlier announcement of a ceasefire to an agreement about the pathway to a ceasefire. Nasdaq dropped 25 points to 4,572.

On the upside

Bargain hunters lifted shares of SGOCO Group (Nasdaq: SGOC).

Bloomberg reported that Concur Technologies (Nasdaq: CNQR) was exploring a possible sale of the company.

RXi Pharmaceuticals (Nasdaq: RXII) will present at the Rodman & Renshaw 16th Annual Global Investment Conference on September 10, 2014.

On the downside

Vince (NYSE: VNCE) reported higher second quarter earnings and revenue and lifted its full year guidance but analysts expected an even stronger outlook.

Helen of Troy (Nasdaq: HELE) blamed a sluggish retail environment for lowering its full year guidance.

DepoMed (Nasdaq: DEPO) will offer $230 million in convertible senior notes.

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 eased a point to 2000. Bitcoin slipped $1 to $474.

Investors welcomed a ceasefire in Ukraine but cybersecurity concerns weighed down technology stocks. The markets traded mixed during the midday with the Dow gaining 43 points to 17,111 while Nasdaq fell 15 points to 4583.

On the upside 

Morgan Stanley analyst Ravi Shanker said that Mobileye (NYSE: MBLY) had the potential to climb to $100 a share.

Blyth (NYSE: BTH) will sell the majority of its holdings in ViSalus and retain a 10% ownership.

Tetraphase Pharmaceuticals (Nasdaq: TTPH) reported positive results from the lead-in portion of a Phase 3 clinical trial of its complicated urinary tract.

On the downside 

Marrone Bio Innovations (Nasdaq: MBII) commenced an internal audit investigation.

The Wet Seal (Nasdaq: WTSL) replaced chief executive John Goodman with former CEO Edmond Thomas.

Profit taking sank shares of Repros Therapeutics (Nasdaq: RPRX). 

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 added a point to 2003. Bitcoin slipped $2 to $474.

Ceasefire in Ukraine lifts markets

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A ceasefire in Ukraine lifted the markets to a higher open with the Dow climbing 73 points to 17,141. Nasdaq added 2 points to 4600.

On the upside 

Image Sensing Systems (Nasdaq: ISNS) surged again.

Infinity Pharmaceuticals (Nasdaq: INFI) entered a global collaboration with AbbVie (NYSE: ABBV) to develop and commercialize the cancer treatment duvelisib.

Magal Security Systems (Nasdaq: MAGS) will introduce its RoboGuard surveillance robot at the ASIS USA show on September 29, 2014.

On the downside 

Investors locked in profits on Digital Ally (Nasdaq: DGLY).

Profit taking continued to sink shares of RadioShack (NYSE: RSH).

Capital Product Partners (Nasdaq: CPLP) priced its public offering of 15 million common units at the discounted price of $10.53 per common unit. 

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 rose 4 points to 2007. Bitcoin slipped $1 to $477.

Global concerns trump strong data

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The markets closed mixed with the Dow losing 30 points to 17,067 as global concerns overshadowed strong economic data. Nasdaq gained 17 points to 4598.

On the upside 

Omnitracs will pay a premium of approximately $178 million to acquire XRS (Nasdaq: XRSC).

FormFactor (Nasdaq: FORM) lifted its third quarter revenue outlook.

Amaya Gaming deployed Splunk Enterprise (Nasdaq: SPLK) across is global websites.

On the downside 

Jefferies downgraded Finisar (Nasdaq: FNSR) from a Buy rating to a Hold rating.

Home Depot (NYSE: HD) is investigating a possible breach of customer credit card data.

Micron Technology (Nasdaq: MU) stock fell after Wedbush Securities analyst Betsy Van Hees raised concerns about an oversupply of chips. 

In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE while advancers edged out decliners by more than 7 to 5 on Nasdaq. The broader S&P 500 eased a point to 2002. Bitcoin slipped $1 to $477.

Despite a strong 1.8% gain in construction spending in July, the markets traded mixed during the midday with the Dow dropping 54 points to 17,044. Nasdaq added 6 points to 4587.

On the upside 

Shares of Image Sensing Systems (Nasdaq: ISNS) surged again.

Thoma Bravo will take Compuware (Nasdaq: CPWR) private for approximately $2.5 billion.

China HGS Real Estate (Nasdaq: HGSH) signed an agreement to rebuild the shanty areas surrounding the Lianhuachi Area in the Hantai District, Hanzhong City.

On the downside 

Profit taking weighed down shares of RadioShack (NYSE: RSH).

Cloud Peak Energy (NYSE: CLD) lowered its full year coal shipment and earnings guidance.

Sinovac Biotech (Nasdaq: SVA) will participate in four upcoming investor conferences. 

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE while advancers barely edged out decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 4 points to 1998. Bitcoin added $3 to $482.

The markets opened mixed with the Dow falling 30 points to 17,068 while Nasdaq rose 10 points to 4590 even as the nation's factory activity expanded.

On the upside 

Norwegian Cruise Lines (Nasdaq: NCLH) will purchase luxury cruise liner Prestige Cruises International in a cash and stock deal valued at approximately $3.025 billion including the assumption to debt.

Digital Ally (Nasdaq: DGLY) forecast sharply higher full year revenue of $22.5 million.

The Food and Drug Administration granted Breakthrough Therapy designation to ACADIA Pharmaceuticals' (Nasdaq: ACAD) Parkinson's disease psychosis treatment NUPLAZID.

On the downside 

Exelixis (Nasdaq: EXEL) reported disappointing results from a late stage study of its prostate cancer treatment cabozantinib and announced a 70% reduction in its workforce.

Second quarter earnings fell for Conn's (Nasdaq: CONN) to miss analyst expectations prompting the company to lower its full year earning guidance.

Zacks Equity Research expects Melco Crown Entertainment (Nasdaq: MPEL) to fall. 

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 eased a point to 2002. Bitcoin slipped $3 to $476.

U. S. markets closed

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U. S. markets are closed in observance of Labor Day.

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