November 2014 Archives

Flat close as oil prices drop

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The markets closed flat with the Dow edging up a fraction to 17,828 as the markets reacted to falling crude oil prices. Nasdaq climbed 4 points to 4,791.

On the upside

United Continental (NYSE: UAL), Southwest Airlines (NYSE: LUV) and Virgin America (Nasdaq: VA) climbed as crude oil prices dropped.

Bloomberg reported that Vodafone (Nasdaq: VOD) was exploring an acquisition of Liberty Global (Nasdaq: LBTYA).  

On the downside

Freeport-McMoRan's (NYSE: FCX) copper mine in Indonesia continued struggling to increase production from 80% to full capacity.

Falling crude oil prices weighed down shares of U.S. Silica Holdings (NYSE: SLCA).

Shares of oil companies Goodrich Petroleum (NYSE: GDP), Laredo Petroleum (NYSE: LPI), Oasis Petroleum (NYSE: OAS) and SandRidge Energy (NYSE: SD) all plunged as crude oil prices dropped.

Oilfield services firm Seventy Seven Energy (NYSE: SSE) plummeted on falling crude oil prices.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 lost 5 points to 2067. Bitcoin rose $7 to $373.

Higher open on Black Friday

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The markets opened higher with the Dow gaining 51 points to 17,879 on Black Friday. Nasdaq climbed 15 points to 4,802.

On the upside

Falling crude oil prices lifted shares of American Airlines (NYSE: AAL), Delta Air Lines (NYSE: DAL) and JetBlue Airways (NYSE: JBLU).

Carnival (NYSE: CCL) and Royal Caribbean Cruises (NYSE: RCL) climbed as crude oil price dropped. 

TheStreet reported that Thanksgiving Day shoppers crowded J.C. Penney (NYSE: JCP) stores and should see a strong fourth quarter.

On the downside

Oil services firms Halliburton (NYSE: HAL), Schlumberger (NYSE: SLB) and Transocean (NYSE: RIG) all dropped as crude oil prices fell.

Credit Suisse lowered its price target on SeaDrill (NYSE: SDRL) from $30 to $20.

Shares of oil companies BP (NYSE: BP), Exxon Mobil (NYSE: XOM) and Petrobras (NYSE: PBR) fell as crude oil price dropped.

In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 2072. Bitcoin eased $1 to $364.

U. S. markets closed

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U. S. markets are closed in observance of Thanksgiving.
The markets closed modestly higher with the Dow rising 12 points to 17,827 as October consumer spending edged up. Nasdaq climbed 29 points to 4,787.

On the upside

Kinder Morgan (NYSE: KMI) completed its acquisition of Kinder Morgan Energy Partners (NYSE: KMP), Kinder Morgan Management (NYSE: KMR) and El Paso Pipeline Partners (NYSE: EPB).

GoPro (Nasdaq: GPRO) will introduce drones equipped with high-definition cameras next year. 

Cubic (NYSE: CUB) reported record fourth quarter earnings and revenue that surpassed analyst expectations.

On the downside

KLA-Tencor (Nasdaq: KLAC) lowered its second quarter earnings outlook.

Shares of Diamond Offshore (NYSE: DO) and Transocean (NYSE: RIG) both dropped after rivals SeaDrill (NYSE: SDRL) and North Atlantic Drilling (NYSE: NADL) suspended their dividends.

AeroVironment (Nasdaq: AVAV) fell to a loss for the second quarter as revenue dropped.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 rose 5 points to 2072. Bitcoin lost $9 to $364.
The markets traded mixed during the midday with the Dow slipping 4 points to 17,810 as consumer spending edged up a mere 0.2% in October. Nasdaq gained 21 points to 4,780.

On the upside

Hewlett-Packard (NYSE: HPQ) reported lower fourth quarter earnings and revenue but the stock price rose.

TheStreet Ratings downgraded American Realty Capital Property (Nasdaq: ARCP) from a Hold rating to a Sell ration but the stock price rose. 

Twitter (NYSE: TWTR) introduced its Twitter Offers e-commerce feature.

On the downside

North Atlantic Drilling (NYSE: NADL) reported higher third quarter earnings and revenue but the company suspended its dividend.

ReneSola (NYSE: SOL) narrowed losses for the third quarter but revenue dropped.

Profit taking weighed down shares of Lakeland Industries (Nasdaq: LAKE).

In the broad market, advancing issues outpaced decliners by a margin of 4 to 3 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 added 3 points to 2070. Bitcoin lost $8 to $366.

Mixed open over housing data

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The markets opened mixed with the Dow slipping 8 points to 17,806 while Nasdaq rose 12 points to 4,770 as single family home sales increased in October but September's numbers were revised downward.

On the upside

The Winston-Salem Police Department ordered 632 AXON body-worn cameras from TASER International (Nasdaq: TASR) along with a five-year subscription to EVIDENCE.com.

Infoblox (NYSE: BLOX) widened first quarter losses but the results were better than expected and the company named former Cisco senior vice president Jesper Andersen to the position of chief executive officer. 

Veeva Systems (NYSE: VEEV) reported higher third quarter earnings and revenue that beat expectations and forecast current quarter results ahead of estimates.

On the downside

SeaDrill (NYSE: SDRL) disappointed with lower third quarter earnings that fell short of expectations and suspended its dividend.

Ctrip.com International (Nasdaq: CTRP) reported lower third quarter earnings and forecast current quarter revenue below estimates.

21Vianet Group (Nasdaq: VNET) reversed year ago losses to post a profit for the third quarter but revenue missed expectations prompting a downgrade.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 added a point to 2068. Bitcoin lost $4 to $370.
The markets closed flat with the Dow slipping 2 points to 17,814 as consumer confidence fell. Nasdaq added 3 points to 4,758.

On the upside

Dycom Industries (NYSE: DY) reported higher third quarter earnings that beat analyst expectations.

Zacks suggested that Bebe Stores' (Nasdaq: BEBE) stock price could soar. 

Rising gold prices lifted shares of Coeur Mining (NYSE: CDE), Eldorado Gold (NYSE: EGO) and Kinross Gold (NYSE: KGC).

On the downside

The Habit Restaurants (Nasdaq: HABT) closed its initial public offering.

Beacon Roofing Supply (Nasdaq: BECN) disappointed with lower fourth quarter earnings that fell short of analyst expectations.

Casey's General Stores (Nasdaq: CASY) must restate financial statements for fiscal years 2012 through the first quarter of fiscal 2015 due to an accounting and reporting error.

In the broad market, advancing issues outpaced decliners 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 slipped 2 points to 2067. Bitcoin lost $3 to $373.

Markets rise as GDP revised upward

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The markets traded higher during the midday with the Dow rising 17 points to 17,835 as the nation's economic growth estimate for the third quarter was revised upward. Nasdaq added 4 points to 4,759.

On the upside

Lakeland Industries (Nasdaq: LAKE) will report third quarter earnings on Wednesday, December 10, 2014 after market close.

Daily Mail reported that Facebook's (Nasdaq: FB) new professional social networking site Facebook at Work will launch in January without advertisements. 

Third quarter earnings and revenue surged for iDreamSky Technology (Nasdaq: DSKY) .

On the downside

Jarden (NYSE: JAH) completed its 3-for-2 stock split.

Profit taking weighed down shares of Geron (Nasdaq: GERN).

Wunderlich Securities downgraded Brocade Communications Systems (Nasdaq: BRCD) from a Buy rating to a Hold rating.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 edged up a fraction to 2070. Bitcoin held steady at $377.

Mixed open even as GDP rises

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The markets opened mixed with the Dow losing 17 points to 17,799 while Nasdaq added 3 points to 4,757 even as the nation's estimated third quarter gross domestic product was raised to 3.9% from 3.5%.

On the upside

SinoCoking Coal and Coke Chemical Industries' (Nasdaq: SCOK) aboveground syngas facility achieved 100% capacity.

Qihoo 360 Technology (NYSE: QIHU) reported sharply higher third quarter earnings and revenue that beat analyst expectations and forecast current quarter revenue ahead of estimates. 

ChinaTopix listed J.C. Penney (NYSE: JCP) as the retailer with the largest Black Friday discounts.

On the downside

Revolution Lighting Technologies (Nasdaq: RVLT) priced its public offering of 8 million common shares at the discounted price of $1.25 per share.

E-Commerce China Dangdang (NYSE: DANG) reversed year ago losses to post a profit for the third quarter but the results fell short of analyst expectations.

William Blair downgraded CyberArk Software (Nasdaq: CYBR) from an Outperform rating to a Market Perform rating and Nomura downgraded the company from a Buy rating to a Neutral rating.

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 eased a fraction to 2068. Bitcoin added $1 to $378.
Indications that additional stimulus measures will be enacted in Europe lifted the markets to a higher close with the Dow adding 7 points to 17,817. Nasdaq climbed 41 points to 4,754.

On the upside

XOMA (Nasdaq: XOMA) will present at the 24th Annual Piper Jaffray Healthcare conference on Wednesday, December 3, 2014.

Redbox parent company Outerwall (Nasdaq: OUTR) will increase the rental rate of DVDs, Blu-ray Discs and video games. 

Kinder Morgan (NYSE: KMI) will offer $6 billion worth of bonds.

On the downside

Spherix (Nasdaq: GALE) completed the Markman hearing for its patent infringement suits against VTech Telecommunications and Uniden.

Profit taking  weighed down share of Approach Resources (Nasdaq: AREX).

The underwriter for Second Sight Medical Products' (Nasdaq: EYES) initial public offering exercised its entire over-allotment option.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 rose 5 points to 2069. Bitcoin climbed $16 to $385.
The increased likelihood of additional global economic stimulus measures lifted the markets during the midday with the Dow holding steady at 17,810. Nasdaq climbed 32 points to 4,745.

On the upside

Platinum Underwriters Holdings (NYSE: PTP) will be acquired by RenaissanceRe Holdings (NYSE: RNR) in a cash and stock deal valued at approximately $1.9 billion.

Bloomberg reported that Tetraphase Pharmaceuticals (Nasdaq: TTPH) was exploring a possible sale of the company. 

Shares of Hertz Global (NYSE: HTZ) extended its gains.

On the downside

TheStreet noted that Galena Biopharma's (Nasdaq: GALE) financing deal with Lincoln Park Financial contained highly unfavorable terms for the struggling biopharmaceutical.

Profit taking weighed down shares of E-House China Holdings (NYSE: EJ).

AT&T (NYSE: T) upgraded its network in Ohio and launched an upgraded service for former Alltel customers but the stock price fell.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 rose 4 points to 2067. Bitcoin gained $11 to $380.
The markets opened higher with the Dow rising 21 points to 17,831 as the European Central Bank moved closer to implementing stimulus measures. Nasdaq gained 26 points to 4,739.

On the upside

BioMarin will pay a premium of approximately $840 million to buy Prosena (Nasdaq: RNA).

The Therapeutic Goods Administration in Australia approved the marketing application of Ariad Pharmaceuticals (Nasdaq: ARIA) for Iclusig. 

3D Systems (NYSE: DDD) will acquire Cimatron (Nasdaq: CIMT) for a premium of approximately $97 million.

On the downside

Trina Solar (NYSE: TSL) reported higher third quarter earnings and revenue but the company cut its solar module shipment forecast for 2014.

Investors locked in profits on Cliffs Natural Resources (NYSE: CLF).

Citigroup downgraded Verizon Communications (NYSE: VZ) from an Overweight rating to a Neutral rating.

In the broad market, advancing issues outpaced decliners by a margin of 3 to 2 on the NYSE and by 5 to 2 on Nasdaq. The broader S&P 500 added 5 points to 2068. Bitcoin gained $10 to $379.

Higher close on stimulus plans

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Global economic stimulus measures lifted the markets to a higher close with the Dow soaring 91 points to 17,810. Nasdaq rose 11 points to 4,712.

On the upside

Bargain hunters lifted shares of E-House China (NYSE: EJ).

Optimism that China's interest rate cut will spark economic activity lifted shares of Cliffs Natural Resources (Nasdaq: CLF). 

Petrobras (NYSE: PBR) announced that its Cidade de Ilhabela offshore platform became operational.

On the downside

Amedica (Nasdaq: AMDA) priced its public offering of more than 11.4 million units at the discounted price of $1.14 per unit.

Renren (NYSE: RENN) widened third quarter losses more than expected as revenue dropped.

NeoStem (NYSE: NBS) clarified certain facts about the Phase 2 PreSERVE clinical trial but the stock price fell.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by 10 to 9 on Nasdaq. The broader S&P 500 gained 10 points to 2063. Bitcoin slipped $5 to $351.
The markets traded higher during the midday with the Dow climbing 75 points to 17,794 after China cut interest rates and the European Central Bank hinted that it may soon take action to strengthen the European economy. Nasdaq added 7 points to 4,709.

On the upside

Shares of Geron (Nasdaq: GERN) extended its gains.

Endurance International (Nasdaq: EIGI) priced its public offering of 13 million common shares at $14.50 per share. 

Bargain hunters lifted shares of SouFun Holdings (NYSE: SFUN).

On the downside

MOL Global (Nasdaq: MOLG) chief financial officer Allan Wong resigned effective immediately and the company delayed the release of its third quarter results.

Aruba Networks (Nasdaq: ARUN) swung to a better than expected profit for the first quarter but the company forecast current quarter revenue that missed analyst estimates.

Westco Aircraft (NYSE: WAIR) disappointed with lower fourth quarter earnings and revenue that fell short of expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 5 points to 2058. Bitcoin slipped $3 to $353.
China's unexpected rate cut sent the markets soaring to a sharply higher open with the Dow surging 143 points to 17,862. Nasdaq climbed 31 points to 4,733.

On the upside

Splunk (Nasdaq: SPLK) widened losses for the third quarter but the results were better than expected and the company forecast current quarter and full year revenue above analyst estimates.

Net Element (Nasdaq: NETE) extended its gains. 

Lincoln Park Capital agreed to purchase up to $55 million of Galena Biopharma (Nasdaq: GALE) common stock.

On the downside

GameStop (NYSE: GME) disappointed with lower third quarter earnings and revenue that fell short of analyst expectations and lowered its full year guidance.

On Track Innovations (Nasdaq: OTIV) priced its public offering of 6.25 million common shares at the discounted price of $1.60 per share.

Lexicon Pharmaceuticals (Nasdaq: LXRX) priced its public offering of more than 49.7 million common shares at the discounted price of $1.005 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 climbed 16 points to 2069. Bitcoin slipped $3 to $353.

Strong home sales lift markets

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A strong 1.5% increase in existing home sales lifted the markets to a higher close with the Dow gaining 33 points to 17,719. Nasdaq climbed 26 points to 4,701.

On the upside

Cyberonics (Nasdaq: CYBX) reported higher third quarter earnings that beat expectations.

Ocwen Financial (NYSE: OCN) launched the REALPortal(R) platform for investors to access data on loans serviced by Ocwen. 

Intel (Nasdaq: INTC) increased its quarterly dividend and forecast 2015 revenue ahead of analyst estimates.

On the downside

Donaldson (NYSE: DCI) disappointed with first quarter earnings and revenue that missed expectations prompting the company to lower its full year outlook.

Datawatch (Nasdaq: DWCH) widened fourth quarter losses.

Liquidity Services (Nasdaq: LQDT) fell to a loss for the fourth quarter as revenue slipped.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 rose 4 points to 2052. Bitcoin fell $18 to $356.

Upbeat economic data lifts markets

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The Conference Board's index of leading economic indicators advanced more than expected to lift the markets during the midday with the Dow rising 10 points to 17,696. Nasdaq gained 18 points to 4,694.

On the upside

Shares of Habit Restaurants (Nasdaq: HABT) more than doubled in its market debut.

IFS Securities affirmed its Strong Buy rating on Net Element (Nasdaq: NETE) with a price target of $5.50. 

EDAP (Nasdaq: EDAP) swung to a profit for the third quarter as revenue climbed.

On the downside

Third quarter earnings and revenue rose for Jumei International Holding (NYSE: JMEI) but the results fell short of analyst expectations.

Shares of Neothetics (Nasdaq: NEOT) tumbled on its first trading day.

Keurig Green Mountain (Nasdaq: GMCR) reported higher fourth quarter earnings and revenue that topped expectations but the company forecast current quarter revenue below estimates and the company announced the departure of chief financial officer Frances Rathke in 2015.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 added a point to 2050. Bitcoin fell $16 to $359.

Mixed open over economic data

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The markets opened mixed with the Dow losing 38 points to 17,647 while Nasdaq rose 7 points to 4,683 as consumer prices held steady in October.

On the upside

Magal Security Systems (Nasdaq: MAGS) reversed year ago losses to post a profit for the third quarter as revenue surged.

Third quarter earnings surged for Best Buy (NYSE: BBY) to surpass analyst expectations by a wide margin. 

Williams-Sonoma (NYSE: WSM) reported higher third quarter earnings and revenue that beat analyst expectations prompting the company to lift its full year outlook.

On the downside

GoPro (Nasdaq: GPRO) priced its follow-on public offering of more than 10.3 million common shares at the discounted price of $75 per share.

Lexicon Pharmaceuticals (Nasdaq: LXRX) commenced an offering to sell $75 million of convertible senior notes and $50 million of its common stock.

Rockwell (Nasdaq: RMTI) priced its public offering of 6.5 million common share at the discounted price of $9 per share.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 lost 4 points to 2044. Bitcoin fell $16 to $359.
Investors were disappointed that Federal Reserve meeting minutes gave little indication of when interest rates would rise. The markets closed lower with the Dow easing 2 points to 17,685. Nasdaq fell 26 points to 4,675.

On the upside

Simon Property Group acquired a 3.6% stake in The Macerich Company (NYSE: MAC).

Target (NYSE: TGT) reported higher third quarter earnings that beat analyst expectations. 

Third quarter earnings rose for Lowe's Companies (NYSE: LOW) to top estimates prompting the company to lift its full year guidance.

On the downside

Robert W. Baird downgraded Synchronoss Technologies (Nasdaq: SNCR) from a Neutral rating to an Underperform rating.

E-House (NYSE: EJ) reported lower third quarter earnings and cut its full year outlook.

Falling thermal coal prices weighed down shares of Alpha Natural Resources (NYSE: ANR).

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by 5 to 2 on Nasdaq. The broader S&P 500 lost 3 points to 2048. Bitcoin slipped $1 to $375.
Despite an increase in housing starts, the markets traded lower during the midday with the Dow slipping 15 points to 17,672 ahead of the release of Federal Reserve meeting minutes. Nasdaq lost 18 points to 4,683.

On the upside

China Distance Education Holdings (NYSE: DL) reported higher fourth quarter earnings and revenue.

Stage Stores (NYSE: SSI) narrowed losses for the third quarter as revenue rose. 

Soaring auction bids for airwaves boosted shares of spectrum owner Dish Networks (Nasdaq: DISH).

On the downside

Leju Holdings (NYSE: LEJU) reported higher third quarter earnings but revenue fell short of expectations and the Chinese online real estate company forecast full year results below expectations.

Investors locked in profits on Harmony Gold (NYSE: HMY).

Cloud Peak Energy (NYSE: CLD) commenced a public offering of $100 million worth of convertible preferred stock.

In the broad market, declining issues outpaced advancers by a margin of 3 to 2 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 slipped 4 points to 2047. Bitcoin lost $2 to $374.
The markets opened lower with the Dow losing 46 points to 17,641 as investors await the release of Federal Reserve meeting minutes. Nasdaq dropped 29 points to 4,672.

On the upside

Oplink Communications (Nasdaq: OPLK) will be acquired by Koch Industries for a premium of approximately $445 million in cash.

Third quarter earnings rose for Staples (Nasdaq: SPLS) to top analyst estimates. 

Agios Pharmaceuticals (Nasdaq: AGIO) reported positive interim data from a Phase 1 study of AG-120 in treating patients with acute myeloid leukemia.

On the downside

Vipshop Holdings (NYSE: VIPS) reported higher third quarter earnings and revenue that topped analyst estimates but investors were disappointed that the company's fourth quarter outlook merely met expectations.

Cliffs Natural Resources (NYSE: CLF) may close the Bloom Lake mine as part of its plans to exit its Eastern Canadian iron ore operations.

Constellium (NYSE: CSTM) reported lower third quarter earnings that missed expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 lost 7 points to 2044. Bitcoin fell $10 to $374.
The possibility of new economic stimulus measures in Japan boosted the markets to a higher close with the Dow rising 40 points to close at a record 17,687. Nasdaq gained 31 points to 4,702.

On the upside

Shares of Amarin (Nasdaq: AMRN) extended its gains.

Actavis (NYSE: ACT) and Allergan (NYSE: AGN) stock both continued climbing. 

Gold prices rallied to lift shares of Kinross Gold (NYSE: KGC).

On the downside

Profit taking weighed down share of Sunesis Pharmaceuticals (Nasdaq: SNSS).

Investors locked in profits on Viggle (Nasdaq: VGGL).

The Food and Drug Administration placed a partial hold on CytRx's (Nasdaq: CYTR) clinical trials for aldoxorubicin.

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 gained 10 points to 2051. Bitcoin fell $10 to $374.
Optimism that Japan may enact new economic stimulus measures lifted the markets during the midday with the Dow gaining 51 points to 17,699. Nasdaq climbed 35 points to 4,706.

On the upside

McEwen Mining (NYSE: MUX) will hold conference call with shareholders on Friday, November 21, 2014 to discuss the mining industry and current market conditions.

DCT Industries (NYSE: DCT) completed its one-for-four reverse stock split. 

Recovering gold prices lifted shares of Iamgold (NYSE: IAG) and Gold Fields (NYSE: GFI).

On the downside

Neostem (Nasdaq: NBS) reported disappointing results from a trial of its cardiac stem cell therapy NBS10.

Omega Protein (NYSE: OME) disappointed with sharply lower third quarter earnings.

Third quarter earnings dropped for Urban Outfitters (Nasdaq: URBN) to fall short of analyst expectations prompting a downgrade.

In the broad market, advancing issues outpaced decliners 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 gained 10 points to 2051. Bitcoin lost $8 to $377.

Higher open as producer prices rise

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A gain in producer prices lifted the markets to a higher open with the Dow rising 23 points to 17,671. Nasdaq gained 23 points to 4,694.

On the upside

SunEdison (NYSE: SUNE) and its subsidiary TerraForm Power will pay approximately $2.4 billion to acquire First Wind.

JA Solar Holdings (Nasdaq: JASO) swung to a better than expected profit for the third quarter as revenue surged.  

Shares of Virgin America (Nasdaq: VA) continued climbing.

On the downside

Urban Outfitters (Nasdaq: URBN) disappointed with lower third quarter earnings that fell short of analyst expectations prompting a downgrade.

Oppenheimer downgraded Himax Technologies (Nasdaq: HIMX) from an Outperform rating to a Perform rating.

Shares of eHi Car Services (NYSE: EHIC) fell on its first trading day.

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 added 3 points to 2045. Bitcoin lost $8 to $376.
It was a mixed close for the markets with the Dow adding 13 points to 17,647 while Nasdaq fell 17 points to 4,671 as the Japanese economy contracted.

On the upside

Shares of Virgin America (Nasdaq: VA) continued climbing after a successful IPO last week.

Kelley Blue Book named Ford's (NYSE: F) new 2015 F-150 pickup at the Best Overall Buy of 2015. 

Kinder Morgan (Nasdaq: KMI) will resume preliminary work on a pipeline in the Burnaby Mountain conservation area after a court in British Columbia granted an injunction against protestors who were blocking access to the work site.

On the downside

William Lyon Homes (NYSE: WLH) announced plans to offer 1 million Tangible Equity Units through a public offering.

Vapor (Nasdaq: VPCO) fell to a loss for the third quarter.

Mitel (Nasdaq: MITL) withdrew its $574 million offer to acquire ShoreTel (Nasdaq: SHOR).

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE and by a margin of nearly 2 to 1 on Nasdaq. The broader S&P 500 added a point to 2041. Bitcoin slipped $1 to $384.

Mixed markets over Japanese recession

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The markets traded mixed during the midday with the Dow rising 24 points to 17,646 despite a pledge by the Group of Twenty to increase global output as Japan slipped into a recession. Nasdaq lost 12 points to 4,675.

On the upside

Sunesis Pharmaceuticals (Nasdaq: SNSS) will present results from a Phase 3 VALOR trial of vosaroxin and cytarabine in patients with relapsed or refractory acute myeloid leukemia at the 56th American Society of Hematology Annual Meeting on December 6-9, 2014.

Viggle (Nasdaq: VGGL) chief financial officer John Small will present at the Midwest Investment Conference on November 18, 2014. 

Merck's (NYSE: MRK) announcement that its cholesterol lowering drug Vytorin was effective lifted shares of Esperion Therapeutics (Nasdaq: ESPR).

On the downside

Sky-mobi (Nasdaq: MOBI) swung to a profit for the third quarter but chief financial officer John Bi announced his resignation effective immediately.

Shares of Petrobras (NYSE: PBR) fell after delaying the release of its third quarter results last week.

Profit taking weighed down shares of Ascena Retail Group (Nasdaq: ASNA).

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE and by a margin of more than 5 to 3 on Nasdaq. The broader S&P 500 added a point to 2040. Bitcoin slipped $3 to $383.
The markets opened mixed with the Dow adding 11 points to 17,646 while Nasdaq slipped 5 points to 4,682 as Japan's economy unexpectedly retreated back into a recession.

On the upside

Celldex Therapeutics (Nasdaq: CLDX) reported positive interim data from a Phase 2 study of rindopepimut in treating patients with EGFRvIII-positive glioblastoma.

Baker Hughes (NYSE: BHI) will be acquired by Halliburton (NYSE: HAL) in a cash and stock deal valued at approximately $34.6 billion. 

Amicus Therapeutics (Nasdaq: FOLD) reported positive Phase 3 data from its Fabry disease treatment migalastat.

On the downside

The Wall Street Journal reported that merger discussions between Hasbro (Nasdaq: HAS) and DreamWorks (Nasdaq: DWA) have faltered.

Denbury Resources (NYSE: DNR) will slash its capital spending in 2015 by 50% to $550 million and announced the resignation of chief operating officer Craig McPherson.

Inovio Pharmaceuticals (Nasdaq: INO) and Roche ended their collaboration to jointly develop Inovio's prostate cancer immunotherapy INO-5150.

In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE and by a margin of more than 10 to 9 on Nasdaq. The broader S&P 500 slipped 2 points to 2037. Bitcoin gained $11 to $398.
The markets closed mixed with the Dow slipping 18 points to 17,634 despite a gain in retail sales as sluggish Eurozone growth weighed on investors. Nasdaq rose 8 points to 4,688.

On the upside

Silvercorp Metals (NYSE: SVM) swung to a profit for the second quarter as revenue rose and the company declared a quarterly dividend of CAD$0.005 per share payable on January 21, 2015 to shareholders of record December 31, 2014.

Bitauto Holdings (NYSE: BITA) reported higher third quarter earnings and revenue. 

Bargain hunters lifted shares of OxiGene (Nasdaq: OXGN).

On the downside

SFX Entertainment (Nasdaq: SFXE) swung to a profit for the third quarter but revenue fell short of expectations.

Retrophin (Nasdaq: RTRX) widened third quarter losses.

YOU On Demand (Nasdaq: YOD) fell to a loss for the third quarter.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while decliners edged out advancers by a margin of nearly 10 to 9 on Nasdaq. The broader S&P 500 held steady at 2039. Bitcoin lost $17 to $397.

Mixed markets as retail sales edge up

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The markets traded mixed during the midday with the Dow slipping 18 points to 17,634 while Nasdaq added 3 points to 4,683 as retail sales edged up 0.3% in October.

On the upside

Shares of Virgin America (Nasdaq: VA) surged in its market debut.

FibroGen (Nasdaq: FGEN) stock soared on its first trading day. 

HSBC Securities upgraded Iamgold (NYSE: IAG) from a Neutral rating to an Overweight rating.

On the downside

Abengoa (Nasdaq: ABGB) fell to a loss for the nine month period ended September 30, 2014.

Nokia (NYSE: NOK) raised its long-term networks operating margin from a 5% to 10% range to an 8% to 11% percent but the stock price fell.

Movado Group (NYSE: MOV) warned of lower third quarter revenue and earnings and cut its full year guidance.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners edged out advancers by a margin of 10 to 9 on Nasdaq. The broader S&P 500 eased a fraction to 2038. Bitcoin lost $21 to $393.
The markets opened lower with the Dow slipping 13 points to 17,639 as the Eurozone grew at a sluggish pace in the third quarter. Nasdaq lost 9 points to 4,670.

On the upside

Geron (Nasdaq: GERN) entered a license and collaboration agreement with Janssen Biotech to develop and commercialize Geron's telomerase inhibitor imetelstat.

Baker Hughes (NYSE: BHI) confirmed that it had discussions with Halliburton (NYSE: HAL) for a possible merger. 

Pandora (Nasdaq: P) chairman and chief executive Brian McAndrew bought 25,000 shares of company stock.

On the downside

Shares of Plug Power (Nasdaq: PLUG) extended its losses.

Hertz Global (NYSE: HTZ) must restate financial results for 2011, 2012 and 2013.

EnLink Midstream Partners (NYSE: ENLK) priced its public offering of 10.5 million common units at the discounted price of $28.37 per unit.

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 more than 10 to 9 on Nasdaq. The broader S&P 500 eased a fraction to 2038. Bitcoin lost $18 to $396.

Higher close as budget deficit drops

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The markets closed higher with the Dow gaining 40 points to 17,652 as the nation's 2014 budget deficit fell to a six year low. Nasdaq added 5 points to 4,680.

On the upside

Caesars Entertainment (Nasdaq: CZR) extended its gains.

The Wall Street Journal reported that Halliburton engaged in discussions to purchase Baker Hughes (NYSE: BHI). 

InterCloud Systems (Nasdaq: ICLD) fell to a loss for the third quarter but revenue climbed.

On the downside

Alibaba Group (NYSE: BABA) proposed an offering of senior unsecured notes.

Standard & Poor's Ratings Services gave Twitter (NYSE: TWTR) a junk grade BB- corporate credit rating.

Vertex Energy (Nasdaq: VTNR) fell to a loss for the third quarter.

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 added a point to 2039. Bitcoin slipped $11 to $403.

Markets up on jobless data

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The markets gave up early morning gains but continued to trade in positive territory with the Dow adding 17 points to 17,629 as investors weighed jobless data against falling crude oil prices. Nasdaq rose 6 points to 4,681.

On the upside

Rocket Fuel (Nasdaq: FUEL) widened losses for the third quarter but the results were better than expected as revenue surged.

King Digital Entertainment (NYSE: KING) launched Candy Crush Soda Saga worldwide on iOS and Android platforms on Tuesday. 

Shares of PRA Health Sciences (Nasdaq: PRAH) soared on its first trading day.

On the downside

RCS Capital (NYSE: RCAP) reported higher third quarter earnings but Bloomberg reported that American Realty Capital Properties (Nasdaq: ARCP) sued RCS Capital for terminating an agreement to buy Cole Capital.

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

Shares of Navios Maritime Midstream Partners (NYSE: NAP) dropped in its market debut.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 slipped 2 points to 2035. Bitcoin slipped $11 to $403.

Higher open on jobless claims

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First time applications for unemployment benefits rose last week but the figure hovered near its lowest level in fourteen years. The markets opened higher with the Dow rising 61 points to 17,673. Nasdaq gained 22 points to 4,698.

On the upside

Cyber-Ark Software (Nasdaq: CYBR) reported higher third quarter earnings and revenue that surpassed analyst expectations and forecast current quarter results ahead of estimates.

Bloomberg reported that Hasbro (Nasdaq: HAS) has engaged in discussions to purchase DreamWorks Animation (Nasdaq: DWA). 

ZaZa Energy (Nasdaq: ZAZA) swung to a profit for the third quarter as revenue more than doubled.

On the downside

J.C. Penney (NYSE: JCP) narrowed third quarter losses but revenue fell to miss expectations.

Investors locked in profits on Viggle (Nasdaq: VGGL).

Revance Therapeutics (Nasdaq: RVNC) widened losses for the third quarter.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 rose 4 points to 2043. Bitcoin gained $18 to $433.

Flat close over European concerns

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The markets closed flat with the Dow easing 2 points to 17,612 while Nasdaq gained 14 points to 4,675 over European growth concerns.

On the upside

Achillion Pharmaceuticals (Nasdaq: ACHN) reported positive interim results from a Phase II study of the hepatitis C treatment ACH-3102.

Matson (NYSE: MATX) will acquire Horizon Lines in a deal valued at approximately $456.1 million including the repayment of debt. 

Everyday Health (NYSE: EVDY) narrowed third quarter losses more than expected as revenue rose and the company forecast current quarter revenue ahead of estimates.

On the downside

Shares of Wayfair (NYSE: W) extended its losses.

Disappointing results from Plug Power (Nasdaq: PLUG) weighed down shares of Ballard Power Systems (Nasdaq: BLDP).

Rice Energy (NYSE: RICE) narrowed losses for the third quarter but the results fell short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by 3 to 2 on Nasdaq. The broader S&P 500 slipped a point to 2038. Bitcoin climbed $39 to $405.

Flat markets at midday

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The markets traded flat during the midday with the Dow slipping 4 points to 17,610. Nasdaq rose 10 points to 4,670.

On the upside

Viggle (Nasdaq: VGGL) widened losses for the first quarter but revenue surged and registered users more than doubled.

Bloomberg reported that Caesars Entertainment (Nasdaq: CZR) will restructure its debt. 

Orexigen Therapeutics (Nasdaq: OREX) extended its gains.

On the downside

SunOpta (Nasdaq: STKL) fell to a loss for the third quarter.

First Majestic Silver (NYSE: AG) fell to a third quarter loss as revenue dropped.

Third quarter earnings and revenue soared for Canadian Solar (Nasdaq: CSIQ) but the company forecast disappointing result for the current quarter.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 held steady at 2039. Bitcoin climbed $39 to $405.
The markets opened lower with the Dow losing 31 points to 17,583 despite a gain in wholesale inventories. Nasdaq eased a fraction to 4,659.

On the upside

BB&T will pay a premium of approximately $2.5 billion in cash and stock to purchase Susquehanna Bancshares (Nasdaq: SUSQ).

Fossil Group (Nasdaq: FOSL) reported higher third quarter earnings and revenue that surpassed analyst expectations. 

American Eagle Outfitters (NYSE: AEO) lifted its third quarter earnings outlook.

On the downside

Plug Power (Nasdaq: PLUG) narrowed losses for the third quarter as revenue rose but the results fell short of analyst expectations.

SeaWorld Entertainment (NYSE: SEAS) disappointed with lower third quarter earnings that missed estimates.

Altisource Portfolio Solutions (Nasdaq: ASPS) will discontinue its lender placed insurance program.

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 lost 3 points to 2036. Bitcoin climbed $31 to $397.
The markets recovered earlier losses to close near the flatline with the Dow adding a point to 17,614 after the Shanghai Stock Exchange introduced the new Shanghai-Hong Kong Stock Connect Program for foreign investors. Nasdaq rose 8 points to 4,660.

On the upside

Pernix Therapeutics (Nasdaq: PTX) extended its gains.

Third quarter earnings more than doubled for Fairmount Santrol (NYSE: FMSA) as revenue soared. 

Plains GP (NYSE: PAGP) priced its secondary offering of 60 million common shares at $25 per share.

On the downside

Wayfair (NYSE: W) widened third quarter losses even as revenue climbed.

Third quarter earnings fell for Cheetah Mobile (NYSE: CMCM).

Roth Capital downgraded Planar Systems (Nasdaq: PLNR) from a Buy rating to a Neutral rating.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 added a point to 2039. Bitcoin slipped $1 to $366.

Mixed markets over APEC deals

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The markets traded mixed during the midday with the Dow slipping 9 points to 17,603 as Russia inked deals with China at APEC. Nasdaq added 2 points to 4,653.

On the upside

Bargain hunters lifted shares of Summer Infant (Nasdaq: SUMR).

AcelRx Pharmaceuticals (Nasdaq: ACRX) swung to a profit for the third quarter . 

The Food and Drug Administration granted Threshold Pharmaceuticals (Nasdaq: THLD) Fast Track designation for its cancer treatment TH-302.

On the downside

Halcon Resources (NYSE: HK) swung to a third quarter profit but the results fell short of expectations.

Turtle Beach (Nasdaq: HEAR) widened losses for the third quarter as revenue fell prompting a downgrade.

Unilife (Nasdaq: UNIS) widened first quarter losses as revenue plunged.

In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 eased a fraction to 2037. Bitcoin slipped $4 to $363.
The markets opened lower with the Dow losing 11 points to 17,602 despite record online sales on Singles' Day. Nasdaq slipped 4 points to 4,647.

On the upside

China Finance Online (Nasdaq: JRJC) entered a strategic partnership agreement with Great Wall Securities.

Rackspace Hosting (NYSE: RAX) reported higher third quarter earnings that topped analyst estimates as revenue rose. 

AuRico Gold (NYSE: AUQ) entered a strategic partnership with Carlisle Goldfields.

On the downside

Third quarter earnings climbed for Applied Optoelectronics (Nasdaq: AAOI) but the results missed expectations.

Cumulus Media (Nasdaq: CMLS) disappointed with sharply lower third quarter earnings that fell short of analyst estimates.

Vivint Solar (NYSE: VSLR) fell to a wider than expected loss for the third quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 eased a fraction to 2037. Bitcoin slipped $3 to $364.

Record close for Dow and S&P 500

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Low crude oil prices lifted transportation stocks and the markets up to a higher close with the Dow gaining 39 points to a record 17,613. Nasdaq climbed 19 points to 4,651.

On the upside

Bargain hunters snapped up share of Agios Pharmaceuticals (Nasdaq: AGIO).

Bargain hunters lifted shares of Roka Biosciences (Nasdaq: ROKA). 

Newcastle Investment (NYSE: NCT).

On the downside

Shares of Cenveo (NYSE: CVO) extended its losses.

McEwen Mining (NYSE: MUX) fell to a loss for the third quarter as revenue dropped.

Investors locked in profits on Swift Energy (NYSE: SFY).

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 6 on the NYSE and by a margin of nearly 5 to 3 on Nasdaq. The broader S&P 500 gained 6 points to close at a record high of 2038. Bitcoin rose $8 to $366.

Markets rise ahead of Singles' Day

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The markets advanced during the midday with the Dow rising 21 points to 17,595 in anticipation of the world's largest online shopping day tomorrow. Nasdaq gained 12 points to 4,645.

On the upside

Shares of Planar Systems (Nasdaq: PLNR) extended its gains.

Shares of China Finance Online (Nasdaq: JRJC) climbed ahead of Singles' Day tomorrow, China's equivalent of Cyber Monday.  

Uranium Resources (Nasdaq: URRE) stock continued climbing.

On the downside

Resolute Energy (NYSE: REN) swung to a profit for the third quarter but the results fell short of analyst expectations.

BB7T Capital Markets downgraded MasTec (NYSE: MTZ) from a Buy rating to a Hold rating.

Kandi Technologies (Nasdaq: KNDI) swung to a profit for the third quarter but the stock price dropped.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE and by a margin of 5 to 4 on Nasdaq. The broader S&P 500 rose 4 points to 2036. Bitcoin gained $14 to $372.

The markets opened flat with the Dow slipping 8 points to 17,565 while Nasdaq rose 7 points to 4,640.

On the upside

Achillion Pharmaceuticals (Nasdaq: ACHN) reported positive interim results from a Phase 2 study of ACH-3102.

Dean Foods (NYSE: DF) fell to a loss for the third quarter but the results were better than expected and the company forecast current quarter revenue above estimates.  

Orexigen Therapeutics (Nasdaq: OREX) swung to a better than expected profit for the third quarter as revenue surged.

On the downside

Rayonier (NYSE: RYN) disappointed with sharply lower third quarter earnings, lowered its dividend, cut its full year outlook and will restate financials from the first and second quarters.

Repros Therapeutics (Nasdaq: RPRX) widened losses for the third quarter as expenses climbed.

Investor locked in profits on Arch Coal (NYSE: ACI).

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by a margin of more than 10 to 9 on Nasdaq. The broader S&P 500 edged up a fraction to 2032. Bitcoin rose $15 to $372.

Mixed close over jobs data

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The markets closed mixed with the Dow rising 19 points to 17,573 as the nation's unemployment rate fell but fewer jobs than expected were added in October. Nasdaq slipped 5 points to 4,632.

On the upside

Shares of Arch Coal (NYSE: ACI) extended its gains.

The Securities and Exchange Commission approved a new type of electronically traded fund created by Eaton Vance (NYSE: EV). 

Q2 Holdings (NYSE: QTWO) narrowed third quarter losses as revenue soared.

On the downside

Financial Engines (Nasdaq: FNGN) reported higher third quarter earnings but the results fell short of expectations and the company named Lawrence M. Raffone to replace Jeffrey N. Maggioncalda as chief executive officer effective January 1, 2015.

Roka Bioscience (Nasdaq: ROKA) reported a loss for the third quarter.

First quarter earnings unexpectedly fell for Ubiquiti Networks (Nasdaq: UBNT) and the company forecast current quarter results below estimates.

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE while decliners edged out advancers by a margin of 9 to 7 on Nasdaq. The broader S&P 500 held steady at 2031. Bitcoin lost $6 to $341.

Markets flat on jobs data

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The markets traded flat during the midday with the Dow holding steady at 17,554 as the nation added fewer than expected jobs in October. Nasdaq lost 12 points to 4,626.

On the upside

Shares of Freshpet (Nasdaq: FRPT) soared in its market debut.

ChannelAdvisor (NYSE: ECOM) widened losses for the third quarter but the results were better than expected and the company acquired E-Tale Holdings. 

Bargain hunters lifted shares of Solazyme (Nasdaq: SZYM).

On the downside

Intercept Pharmaceuticals (Nasdaq: ICPT) reported a wider than expected loss for the third quarter.

Extended Stay America (NYSE: STAY) reported higher third quarter earnings and revenue but the results fell short of analyst expectations and the company forecast full year revenue below estimates.

Abercrombie & Fitch (NYSE: ANF) warned that third quarter revenue and earnings would drop to fall short of analyst expectations prompting a downgrade.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while decliner edged out advancers by a margin of 5 to 4 on Nasdaq. The broader S&P 500 held steady at 2031. Bitcoin lost $7 to $340.
The nation's unemployment rate fell to its lowest rate in six years but the markets opened down with the Dow losing 36 points to 17,518 as average hourly pay merely edged up 2% from last year. Nasdaq fell 24 points to 4,613.

On the upside

Sears Holdings (Nasdaq: SHLD) may convert 200-300 stores into a real estate investment trust through a sale-leaseback transaction.

The Food and Drug Administration requested no additional clinical studies from Repros Therapeutics (Nasdaq: RPRX) for its New Drug Application for Androxal. 

A Food and Drug Administration advisory committee recommended that Rockwell Medical's (Nasdaq: RMTI) Triferic supported a positive benefit for iron replacement in hemodialysis patients.

On the downside

Salix Pharmaceuticals (Nasdaq: SLXP) fell to a loss for the third quarter and announced the resignation of chief financial officer Adam C. Derbyshire.

Shares of Genworth (NYSE: GNW) extended its losses.

Vapor (Nasdaq: VPCO) will merge with Vaporin and warned of losses for the third quarter as revenue plunged.

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 slipped 2 points to 2028. Bitcoin lost $4 to $343.
Jobless claims fell more than expected to lift the markets to a higher close with the Dow climbing 69 points to 17,554. Nasdaq gained 17 points to 4,638.

On the upside

ENGlobal (Nasdaq: ENG) swung to a profit for the third quarter as revenue rose.

Endocyte (Nasdaq: ECYT) widened third quarter losses but the results were better than expected. 

Third quarter earnings slipped for Noodles & Co. (Nasdaq: NDLS) but revenue rose.

On the downside

Third quarter revenue for Nationstar Mortgage Holdings (NYSE: NSM) fell short of analyst expectations.

Tangoe (Nasdaq: TNGO) reported lower third quarter earnings that missed expectations and forecast current quarter result below estimates prompting a downgrade.

Shares of Upland Software (Nasdaq: UPLD) tumbled on its first trading day.

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 rose 7 points to 2031. Bitcoin rose $9 to $347.
The market advanced during the midday with the Dow gaining 45 points to 17,530 as the European Central Bank explored further options to strengthen the European economy. Nasdaq added 2 points to 4,623.

On the upside

Shares of Nevro (NYSE: NVRO) surged in its market debut.

Sierra Wireless (Nasdaq: SWIR) fell to a loss for the third quarter but the results were better than expected and the company forecast current quarter results above estimates. 

Polypore International (NYSE: PPO) reported sharply higher third quarter earnings that surpassed analyst expectations.

On the downside

Walter Investment Management (NYSE: WAC) fell to a greater than expected loss for the third quarter and forecast full year earnings that missed estimates.

Web.com Group (Nasdaq: WWWW) narrowed losses for the third quarter but revenue fell short of expectations.

Cornerstone OnDemand (Nasdaq: CSOD) widened third quarter losses and cut its fourth quarter revenue forecast.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 edged up a point to 2025. Bitcoin rose $6 to $344.
The market opened lower with the Dow losing 22 points to 17,462 despite a greater than expected drop in first time applications for unemployment benefits. Nasdaq fell 15 points to 4,605.

On the upside

Planar Systems (Nasdaq: PLNR) reversed year ago losses to post a stronger than expected profit for the fourth quarter and forecast current quarter results ahead of estimates.

Kate Spade (NYSE: KATE) narrowed third quarter losses and lifted its full year earnings outlook.  

Cott (NYSE: COTT) will pay approximately $1.25 billion to acquire DS Services of America.

On the downside

Genworth Financial (NYSE: GNW) fell to a loss for the third quarter prompting a downgrade.

The Food and Drug Administration issued Aeterna Zentaris (Nasdaq: AEZS) a complete response letter denying approval of the New Drug Application for Macrilen to treat adult growth hormone deficiency.

Solazyme (Nasdaq: SZYM) widened losses for the third quarter prompting a downgrade.

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 slipped 4 points to 2018. Bitcoin added $3 to $341.

Upbeat jobs data lifts markets

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Upbeat jobs data sent the markets up to a higher close with the Dow soaring 100 points to 17,484. Nasdaq slipped 2 points to 4,620.

On the upside

Shares of Alpha Natural Resources (Nasdaq: ANR) climbed over hopes that the new Republican Congress would moderate EPA rules on coal.

Shares of Alibaba Group (NYSE: BABA) continued climbing. 

Hudson Valley (NYSE: HVB) will merge with Sterling Bancorp (NYSE: STL).

On the downside

Celldex Therapeutics (Nasdaq: CLDX) widened losses for the third quarter and changed the patient requirements for a study of glembatumumab vedotin to treat metastatic triple negative breast cancer.

Falling gold prices weighed down shares of Iamgold (NYSE: IAG).

Enphase Energy (Nasdaq: ENPH) swung to a profit for the third quarter but the company forecast lower gross margin for the current quarter.

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 climbed 11 points to 2023. Bitcoin gained $11 to $337.

Markets advance on GOP Congress

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The markets advanced during the midday with the Dow soaring 99 points to 17,482 after Republicans won control of Congress. Nasdaq added 7 points to 4,631.

On the upside

Criteo (Nasdaq: CRTO) reported sharply higher third quarter earnings and revenue.

Aeterna Zentaris (Nasdaq: AEZS) fell to a loss for the third quarter but the biopharmaceutical said that sales of EstroGel should begin in a few weeks. 

Callidus Software (Nasdaq: CALD) widened third quarter losses but revenue rose to top estimates prompting the company to lift its full year revenue.

On the downside

Nu Skin Enterprises (NYSE: NUS) reported lower third quarter earnings and revenue and forecast current quarter earnings that fell short of analyst expectations.

Albany Molecular Research (Nasdaq: AMRI) fell to an unexpected loss for the third quarter and forecast full year results below estimates.

HomeAway (Nasdaq: AWAY) reported lower third quarter earnings and forecast current quarter revenue that missed expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 gained 10 points to 2022. Bitcoin climbed $13 to $339.
Republicans gained full control of Congress lifting the markets to a higher open with the Dow climbing 57 points to 17,441. Nasdaq rose 6 points to 4,630.

On the upside

Coupons.com (NYSE: COUP) narrowed losses for the third quarter more than expected as revenue climbed.

Xiaomi's plan to spend $1 billion on TV content lifted shares of YOU On Demand (Nasdaq: YOD). 

Shares of Antero Resources Midstream (NYSE: AM) soared on its first trading day.

On the downside

FireEye (Nasdaq: FEYE) widened third quarter losses.

Chuy's (Nasdaq: CHUY) reported higher third quarter earnings but the results missed analyst expectations and the restaurant chain forecast full year earnings below estimates.

zulily (Nasdaq: ZU) narrowed losses for the third quarter as revenue soared but the average order value edged up 2%.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 rose 7 points to 2019. Bitcoin gained $13 to $339.
It was a mixed close for the markets with the Dow gaining 17 points to 17,383 as the European Commission cut its economic growth forecast. Nasdaq lost 15 points to 4,623.

On the upside

The Food and Drug Administration posted briefing documents for an advisory panel's review of Rockwell Medical's (Nasdaq: RMTI) iron replacement therapy Triferic.

EarthLink (Nasdaq: ELNK) widened third quarter losses but the results were better than expected. 

Red Robin Gourmet Burgers (Nasdaq: RRGB) reported higher third quarter earnings that surpassed analyst expectations by a wide margin as revenue climbed.

On the downside

Borderfree (Nasdaq: BRDR) reported a loss for the third quarter.

Shares of RCS Capital (NYSE: RCAP) extended its losses.

Stone Energy (NYSE: SGY) fell to a loss for the third quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 lost 5 points to 2012. Bitcoin added $1 to $325.

Markets mixed on election day

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The markets traded mixed during the midday with the Dow rising 22 points to 17,388 as voters cast their ballots today. Nasdaq slipped 18 points to 4,620.

On the upside

Shares of Vapor (Nasdaq: VPCO) continued to soar.

Campus Crest Communities (NYSE: CCG) fell to a loss for the third quarter but investors welcomed the resignation of chief executive Ted W. Rollins and chief financial officer Donnie Bobbitt. 

YOU On Demand (Nasdaq: YOD) will host an investor update webcast on Thursday, November 13.

On the downside

Achillion Pharmaceuticals (Nasdaq: ACHN) widened losses for the third quarter.

AK Steel (NYSE: AKS) reported a loss for the third quarter.

Cobalt International Energy (NYSE: CIE) reported a greater than expected loss for the third quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 lost 5 points to 2012. Bitcoin added $3 to $327.

Lower open as trade deficit widens

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The markets opened lower with the Dow easing a fraction to 17,365 as the nation's trade deficit widened in September. Nasdaq lost 11 points to 4,627.

On the upside

Office Depot (Nasdaq: ODP) reported lower third quarter earnings but the results were better than expected.

Monster Worldwide (NYSE: MWW) fell to a loss for the third quarter but the results topped analyst estimates and the company the immediate departure of Salvatore Iannuzzi as president and chief executive. 

Plug Power (Nasdaq: PLUG) signed a long term hydrogen distribution agreement with Praxair (NYSE: PX).

On the downside

Sprint (NYSE: S) widened losses more than expected and announced the elimination of 2,000 positions.

RetailMeNot (Nasdaq: SALE) reported sharply lower third quarter earnings, forecast current quarter revenue below estimates and named Louis J. Agnese to the position of interim chief financial officer to replace Douglas C. Jeffries.

Herbalife (NYSE: HLF) reported higher third quarter earnings but the results fell short of analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and 10 to 9 on Nasdaq. The broader S&P 500 lost 5 points to 2012. Bitcoin added $2 to $326.
The markets closed mixed with the Dow losing 24 points to 17,366 as crude oil prices dropped to a two-year low. Nasdaq rose 8 points to 4,638.

On the upside

ANI Pharmaceuticals (Nasdaq: ANIP) reported sharply higher third quarter earnings and revenue.

Shares of Vapor (Nasdaq: VPCO) continued climbing. 

FuelCell Energy (Nasdaq: FCEL) received a financial package from Connecticut's Department of Economic and Community Development to expand its manufacturing facility.

On the downside

The Justice Department filed an antitrust suit to block National CineMedia's (Nasdaq: NCMI) proposed $375 million acquisition of Screenvision Cinema Network.

Carmike Cinemas (Nasdaq: CKEC) issued a statement protesting the antitrust suit filed by the Justice Department to block National CineMedia's acquisition of Screenvision.

Investors locked in profits on Neogenomics (Nasdaq: NEO).

In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 held steady at 2017. Bitcoin edged up a fraction to $325.
The markets traded mixed during the midday with the Dow slipping 15 points to 17,375 as manufacturing activity expanded less than expected. Nasdaq gained 17 points to 4,648.

On the upside

AngloGold Ashanti (NYSE: AU) lowered costs in the third quarter and narrowed its production guidance for the full year.

Plug Power (Nasdaq: PLUG) extended its gains. 

MIND (Nasdaq: MNDO) reported sharply higher third quarter earnings and revenue.

On the downside

Banco Santaner (NYSE: BSBR) extended its losses.

Shares of Galena Biopharma (Nasdaq: GALE) fell ahead of its earnings release after market close.

Petrobras (NYSE: PBR) resumed discussions with its auditor to consider dismissing the head of its Transpetro.

In the broad market, advancing issues outpaced decliners by a margin of 9 to 7 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 rose 3 points to 2021. Bitcoin added $1 to $326.
The markets opened mixed with the Dow losing 14 points to 17,375 while Nasdaq rose 11 points to 4,642 ahead of the midterm elections tomorrow.

On the upside

Publicis will pay a premium of approximately $3.7 billon in cash to acquire Sapient (Nasdaq: SAPE).

The Food and Drug Administration removed its full clinical hold on Geron's (Nasdaq: GERN) investigational new drug application for imetelstat. 

Covance (NYSE: CVD) will be acquired by LabCorp (NYSE: LH) in a cash and stock deal valued at approximately $1.6 billion.

On the downside

RCS Capital terminated its $700 million offer to buy American Realty Capital Properties (Nasdaq: ARCP).

Nymox Pharmaceutical (Nasdaq: NYMX) reported disappointing results from two Phase 3 studies of NX-1207.

Monness, Crespi, Hardt initiated coverage of Twitter (NYSE: TWTR) with a Neutral rating and set a price target of $40.

In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on both the NYSE and on Nasdaq. The broader S&P 500 eased a fraction to 2017. Bitcoin added $2 to $327.

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