April 2015 Archives

Markets dive on earnings concerns

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Earnings concerns sent the markets into a tailspin with Dow collapsing 195 points to 17,840. Nasdaq crumpled 82 points to 4,941.

On the upside

Bargain hunters lifted shares of Voltari (Nasdaq: VLTC).

Boulevard Acquisition (Nasdaq: BLVD) will buy Dow Chemical's (NYSE: DOW) AgroFresh business in a deal valued at approximately $810 million.

First quarter earnings more than tripled for Atlas Air Worldwide Holdings (Nasdaq: AAWW) to surpass analyst expectations by a wide margin and the company expects significant earnings growth in 2015.

On the downside

First quarter earnings and revenue rose for On Assignment (NYSE: ASGN) but the results missed expectations and the company forecast current quarter earnings and revenue below estimates.

Advaxis (Nasdaq: ADXS) priced its public offering of 2.8 million common shares at the discounted price of $19.00 per share.

ITT Educational Services (NYSE: ESI) announced the retirement of chief financial officer Daniel M. Fitzpatrick. The for-profit educator also reported lower new student enrollment and lower total enrollment.
 
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 plunged 21 points to 2085. Bitcoin gained $10 to $237.
First time applications fell more than expected last week to a 15-year low but the markets dropped with Dow tumbling 91 points to 17,944 over earnings concerns. Nasdaq plunged 49 points to 4,974.

On the upside

Hornbeck Offshore (NYSE: HOS) reported sharply higher first quarter earnings that surpassed analyst expectations.

Shares of Blueprint Medicines (Nasdaq: BPMC) surged on its first trading day.

CARBO Ceramics (NYSE: CRR) fell to a loss for the first quarter but the stock price climbed.

On the downside

FormFactor (Nasdaq: FORM) swung to a profit for the first quarter but the stock price fell.

CTC Media (Nasdaq: CTCM) disappointed with sharply lower first quarter earnings and revenue.

Nokia (NYSE: NOK) reversed year ago losses to post a profit for the first quarter but profits in its network business unit dropped sharply.
 
In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 lost 11 points to 2095. Bitcoin rose $7 to $234.
Disappointing earnings sent the markets tumbling to a sharply lower open with Dow plunging 115 points to 17,913. Nasdaq plummeted 47 points to 4,975.

On the upside

Glu Mobile (Nasdaq: GLUU) reported higher first quarter earnings and revenue, entered an exclusive partnership with Britney Spears and announced that Tencent Holdings will take a 15% stake in the company.

ClickSoftware Technologies (Nasdaq: CKSW) will  be taken private by Francisco Partners Management for approximately $438 million in cash.

Civeo (NYSE: CVEO) fell to a loss for the first quarter on lower revenue but the stock price rose.

On the downside

Yelp (NYSE: YELP) reported an unexpected loss for the first quarter and forecast current quarter revenue below estimates.

Pacira Pharmaceuticals (Nasdaq: PCRX) swung to a profit for the first quarter but revenue fell short of expectations.

STMicroelectronics (NYSE: STM) reported a loss for the first quarter as revenue fell.
 
In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 fell 14 points to 2092. Bitcoin rose $8 to $235.
The Federal Reserve downgraded its outlook of the nation's economy which indicated that interest rates would remain low for the foreseeable future but the markets closed lower with Dow dropping 74 points to 18,035. Nasdaq tumbled 31 points to 5,023.

On the upside

The Food and Drug Administration granted orphan drug designation to Bio-Path Holdings' (Nasdaq: BPTH) Liposomal Grb-2 to treat acute myeloid leukemia.

First quarter earnings slipped for LogMeIn (Nasdaq: LOGM) but the result were better than expected as revenue climbed.

Rising crude oil prices lifted shares of SandRidge Energy (NYSE: SD).

On the downside

Novadaq Technologies (Nasdaq: NVDQ) reported a wider than expected loss for the first quarter.

First quarter earnings edged up for Buffalo Wild Wings (Nasdaq: BWLD) but the results missed analyst estimates and the restaurant operator announced that only some locations would be showing the Pacquiao-Mayweather fight this Saturday.

Dice Holdings (NYSE: DHX) reported higher first quarter earnings as revenue rose but company forecast current quarter and full year results below expectations.
 
In the broad market, declining issues outpaced advancers 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 lost 7 points to 2106. Bitcoin edged up to $227.
Disappointing growth of the nation's gross domestic product sent the markets tumbling during the midday with Dow plummeting 126 points to 17,982. Nasdaq plunged 50 points to 5,004.

On the upside

GoPro (Nasdaq: GPRO) reported sharply higher first quarter earnings and revenue that surpassed analyst expectations and announced plans to acquire Kolor.

XPO Logistics (NYSE: XPO) will acquire Norbert Dentressangle in a deal valued at approximately $3.53 billion.

First quarter earnings slipped for Genworth Financial (NYSE: GNW) but the results were better than expected.

On the downside

Stratasys (Nasdaq: SSYS) warned that first quarter earnings and revenue would fall short of analyst expectations and forecast full year results below estimates as well.

Lumber Liquidators (NYSE: LL) fell to a loss for the first quarter and announced the resignation of chief financial officer Daniel E. Terrell. The Justice Department is also investigating the company for possible criminal charges.

U.S. Steel (NYSE: X) fell to a greater than expected first quarter loss as revenue dropped.
 
In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 fell 14 points to 2100. Bitcoin held steady at $225.
The nation's economy edged up a disappointing 0.2% in the first quarter to weigh the markets down to a lower open with Dow falling 66 points to 18,043. Nasdaq lost 19 points to 5,035.

On the upside

First quarter earnings fell for Starwood Hotels (NYSE: HOT) but the results were better than expected and the company hired Lazard to explore strategic alternatives.

Goodyear Tire & Rubber (Nasdaq: GT) reversed year ago losses to post a stronger than expected profit for the first quarter.

Level 3 Communications (NYSE: LVLT) reported higher first quarter earnings and revenue.

On the downside

Wynn Resorts (Nasdaq: WYNN) fell to a greater than expected loss for the first quarter.

Humana (NYSE: HUM) reported higher first quarter earnings but the results fell short of expectations.

Coach (NYSE: COH) reported sharply lower third quarter earnings and revenue.
 
The broader S&P 500 lost 7 points to 2107. Bitcoin held steady at $225.
The markets closed mixed with Dow climbing 72 points to 18,110 as consumer confidence fell while home prices rose. Nasdaq slipped 4 points to 5,055.

On the upside

Rudolph Technologies (NYSE: RTEC) reversed year ago losses to post a stronger than expected profit for the first quarter.

Civeo (NYSE: CVEO) won four new lodging contracts in Canada.

JMP Securities upgraded ServiceSource International (Nasdaq: SREV) from a Market Perform rating to a Market Outperform rating.

On the downside

Twitter (NYSE: TWTR) widened first quarter losses, forecast second quarter revenue that fell far short of analyst expectations and cut its full year revenue outlook.

First quarter earnings edged up for IDEXX Laboratories (Nasdaq: IDXX) but revenue missed expectations and the company lowered its full year forecast.

The U. S. Patent and Trademark Office granted two new patents to Advaxis (Nasdaq: ADXS) 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 3 to 2 on Nasdaq. The broader S&P 500 rose 5 points to 2114. Bitcoin lost $8 to $225.
The markets recovered to trade higher during the midday with Dow climbing 71 points to 18,109 as February single family home prices rose. Nasdaq gained 12 points to 5,072.

On the upside

Nomura upgraded Windstream Holdings (Nasdaq: WIN) from a Neutral rating to a Buy rating.

AK Steel (NYSE: AKS) widened losses for the first quarter but the stock price rose on higher shipments.

1-800-Flowers.com (Nasdaq: FLWS) widened losses for the first quarter but the results were better than expected and the company lifted its full year earnings outlook.

On the downside

Gotham City Research issued a report saying that Endurance International Group (Nasdaq: EIGI) was worth $0 per share.

The Securities and Exchange Commission is investigating MDC Partners (Nasdaq: MDCA) chief executive Miles Nadal and the company's accounting practices.

Profit taking weighed down shares of Synthesis Energy Systems (Nasdaq: SYMX).
 
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 6 points to 2115. Bitcoin lost $6 to $227.
An unexpected drop in consumer confidence sent the markets down to a lower open with Dow tumbling 83 points to 17,954. Nasdaq fell 30 points to 5,029.

On the upside

YOU On Demand (Nasdaq: YOD) partnered with C Media to launch a mobile streaming service available to train passengers through C Rail Wi-Fi.

VASCO Data Security (Nasdaq: VDSI) impressed with sharply higher first quarter earnings and revenue and lifted its full year guidance.

Rent-A-Center (Nasdaq: RCII) reported flat first quarter earnings but the results were better than expected.

On the downside

Home Loan Servicing Solutions (Nasdaq: HLSS) received a delisting notice from Nasdaq.

The Container Store (NYSE: TCS) disappointed with lower fourth quarter earnings that fell short of analyst expectations and forecast current quarter and full year results below estimates.

Uni-Pixel (Nasdaq: UNXL) terminated a supply agreement with Eastman Kodak and will not renew a joint development agreement.
 
In the broad market, advancing issues outpaced decliners by a slim margin on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 fell 9 points to 2098. Bitcoin lost $8 to $224.

Lower close ahead of Fed meeting

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The markets continued to fall in afternoon trading to close lower with Dow losing 42 points to 18,037 ahead of the Federal Reserve's meeting tomorrow. Nasdaq dropped 31 points to 5,060.

On the upside

Shares of Youku Tudou (NYSE: YOKU) extended its gains.

Snow Capital Management's Richard Snow increased his stake in CARBO Ceramics (NYSE: CRR).

The Wall Street Journal reported that the reorganization of Greece's negotiations team to limit the role of Finance Minister Yanis Varoufakis increased the possibility of a deal with the Eurozone. Shares of National Bank of Greece (NYSE: NBG) rose.

On the downside

Profit taking continued to sink shares of Voltari (Nasdaq: VLTC).

Needham downgraded Aerie Pharmaceuticals (Nasdaq: AERI) from a Buy rating to a Hold rating.

Topeka Capital Markets downgraded Merge Healthcare (Nasdaq: MRGE) from a Buy rating to a Hold rating.
 
In the broad market, declining issues outpaced advancers 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 fell 8 points to 2108. Bitcoin added $5 to $223.

Markets slip over rate uncertainty

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The markets traded lower during the midday with Dow slipping 12 points to 18,068 even as investors expect the Federal Reserve to maintain low interest rates for the near future. Nasdaq fell 27 points to 5,064.

On the upside

Dell will resell Aerohive Networks' (NYSE: HIVE) cloud-managed Wi-Fi solutions.

Rising gold and silver prices lifted shares of Coeur Mining (NYSE: CDE).

Deutsche Bank maintained its Buy rating on Tesla (Nasdaq: TSLA) and issued a positive note on the electric vehicle maker ahead of an expected announcement on Thursday about new battery storage systems for homes and businesses.

On the downside

Regulus Therapeutics (Nasdaq: RGLS) reported new positive data for its hepatitis C treatment RG-101 but the stock price fell.

Profit taking weighed down share of Celldex Therapeutics (Nasdaq: CLDX).

Shares of MobileIron (Nasdaq: MOBL) extended its losses.
 
In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 lost 5 points to 2112. Bitcoin added $5 to $223.

Markets open higher as oil rises

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The markets opened higher with Dow climbing 72 points to 18,152 as crude oil prices rose. Nasdaq gained 23 points to 5,115.

On the upside

Hedge fund manager John Paulson acquired a 12% stake in Synthesis Energy Systems (Nasdaq: SYMX).

Windstream (Nasdaq: WIN) completed the tax-free spinoff of select telecommunications network assets into the independent publicly traded real estate investment trust Communications Sales and Leasing (Nasdaq: CSAL).

The Special Chamber of the International Tribunal of the Law of the Sea rejected a request by Cote d'Ivoire that Ghana suspend all ongoing exploration and development operations in a disputed maritime area in which Kosmos Energy (NYSE: KOS) expects to resume development activities.

On the downside

Celladon (Nasdaq: CLDN) reported disappointing results from a Phase 2b CUPID2 trial for its cardiovascular gene therapy agent MYDICAR(R) prompting a downgrade.

Akorn (Nasdaq: AKRX) will restate its 2014 annual report along with quarterly reports for period ended June 30, 2014, September 30, 2014 and December 31, 2014.

Applied Material (Nasdaq: AMAT) cancelled plans to merge with Tokyo Electron.
 
In the broad market, advancing issues outpaced decliners by a margin of 3 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 rose 6 points to 2124. Bitcoin added $7 to $226.
Upbeat earnings lifted the markets to a higher close with Dow gaining 21 points to 18,080. Nasdaq climbed 36 points to 5,092.

On the upside

The Lancelot published positive results from a Phase 3 study of GlaxoSmithKline's (NYSE: GSK) malaria vaccine RTS,S, which incorporates Agenus' (NYSE: AGEN) QS021 Stimulon.

Shares of Vale (NYSE: VALE) climbed after rival iron ore producer BHP Billiton (NYSE: BHP) announced plans to scale down its expansion plans.

Third quarter earnings slipped for Microsoft (Nasdaq: MSFT) but the results topped analyst estimates prompting an upgrade.

On the downside

Catalyst Pharmaceutical's (Nasdaq: CPRX) rival Jacobus Pharmaceuticals presented positive data for a drug that is similar to one being developed by Catalyst.

DeVry Education Group (NYSE: DV) reported lower third quarter earnings and revenue.

ResMed (NYSE: RMD) reported higher quarter earnings and revenue but Macquarie downgraded the company from an Outperform rating to a Neutral rating.
 
In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while decliners outpaced advancers by nearly 5 to 4 on Nasdaq. The broader S&P 500 added 4 points to 2117. Bitcoin edged up $1 to $230.

Markets higher on strong earnings

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The markets extended its gains during the midday with Dow rising 35 points to 18,094 on strong earnings. Nasdaq gained 40 points to 5,096.

On the upside

Gigamon (NYSE: GIMO) narrowed first quarter losses more than expected as revenue surged.

eHealth (Nasdaq: EHTH) widened losses for the first quarter but the results were better than expected.

TrueBlue (NYSE: TBI) reported sharply higher first quarter earnings and revenue that surpassed analyst expectations.

On the downside

Xerox (NYSE: XRX) disappointed with lower first quarter earnings and revenue and cut its full year earnings outlook.

First quarter earnings slipped for Trinity Industries (NYSE: TRN) even as revenue climbed to top estimates.

American Superconductor (Nasdaq: AMSC) priced its public offering of 4 million common shares at the discounted price of $6 per share.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 6 points to 2119. Bitcoin slipped $3 to $229.
The markets opened higher with Dow adding 8 points to 18,067 after Greece raised much needed funds from privatizing its horseracing gambling license. Nasdaq climbed 35 points to 5,091.

On the upside

LookSmart (Nasdaq: LOOK) will merge with Pyxis' wholly owned subsidiary Maritime Technologies.

Amazon (Nasdaq: AMZN) fell to a loss for the first quarter but the results were better than expected and revealed that its Amazon Web Services has grown into a $5 billion business prompting J.P. Morgan to upgrade the online retailer from a neutral rating to an overweight rating and lifted its price target from $375 to $535.

Acacia Research (Nasdaq: ACTG) narrowed first quarter losses as revenue rose.

On the downside

Aerie Pharmaceuticals (Nasdaq: AERI) reported disappointing results from a Phase 3 registration trial for Rhopressa.

Spectranetics (Nasdaq: SPNC) widened losses for the first quarter.

HomeAway (Nasdaq: AWAY) fell to a loss for the first quarter, forecast second quarter revenue below estimates and announced the resignation of president and chief operating officer Brent Bellm.
 
In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 added 3 points to 2116. Bitcoin slipped $2 to $230.

Higher close on upbeat earnings

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Despite an unexpected increase in jobless claims, the markets closed higher with Dow rising 20 points to 18,058 on upbeat corporate earnings. Nasdaq gained 20 points to 5,056.

On the upside

First quarter earnings plunged for Altisource Portfolio Solutions (Nasdaq: ASPS) but the results were better than expected.

Scynexis (Nasdaq: SCYX) priced its public offering of more than 4.6 million common shares at yesterday's closing price of $7.70 per share.

Sphere 3D (Nasdaq: ANY) will showcase its visualization and data management solutions in collaboration with Microsoft (Nasdaq: MSFT) at Microsoft Technology Center locations.

On the downside

Cinedigm (Nasdaq: CIDM) announced a private placement of $60 million in convertible senior notes.

Inventure Foods (Nasdaq: SNAK) voluntarily recalled certain varieties of its Fresh Frozen frozen vegetables and selected varieties of its Jamba "At Home" line of smoothie kits.

Marinemax (NYSE: HZO) swung to a profit for the second quarter but the results fell far short of analyst expectations.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 added 4 points to 2112. Bitcoin added $1 to $233.
The markets reversed course to trade higher during the midday with Dow gaining 43 points to 18,081 as crude oil prices rebounded. Nasdaq rose 14 points to 5,049.

On the upside

Medidata Solutions (Nasdaq: MDSO) reversed year ago losses to post a stronger than expected profit for the first quarter as revenue climbed.

Shares of Viggle (Nasdaq: VGGL) climbed for the fourth day straight on no news.

First quarter earnings slipped for AT&T (NYSE: T) but the company's wireless revenue grew.

On the downside

General Motors (NYSE: GM) reported higher first quarter earnings but the results missed analyst estimates.

Profit taking weighed down shares of Voltari (Nasdaq: VLTC).

Peabody Energy (NYSE: BTU) widened losses more than expected for the first quarter as revenue fell.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 rose 6 points to 2114. Bitcoin added $2 to $233.
The markets opened lower with Dow losing 43 points to 17,995 as first time applications for unemployment benefits unexpectedly rose. Nasdaq slipped 7 points to 5,027.

On the upside

Arris (Nasdaq: ARRS) will acquire Pace in a cash and stock deal valued at approximately $2.1 billion.

The National Institutes of Health Information Technology Acquisition and Assessment Center selected Sysorex's (Nasdaq: SYRX) Lilien Systems division as one of the 65 Prime Contract Holders under the Chief Information Officer - Commodities and Solutions contract.

Skechers USA (NYSE: SKX) impressed with sharply higher first quarter earnings and revenue that beat analyst expectations prompting an upgrade.

On the downside

Ericsson (Nasdaq: ERIC) disappointed with lower first quarter earnings that fell short of analyst expectations.

MobileIron (Nasdaq: MOBL) warned that first quarter earnings would  fall short of previous guidance and announced the resignation of chief financial officer Todd Ford.

First quarter earnings and revenue rose for Texas Instruments (Nasdaq: TXN) but the results missed estimates prompting a downgrade.
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while decliners edged out advancers by nearly 5 to 4 on Nasdaq. The broader S&P 500 slipped 3 points to 2104. Bitcoin added $3 to $234.
A strong increase in existing home sales boosted the markets to a higher close with Dow climbing 88 points to 18,038. Nasdaq gained 21 points to 5,035.

On the upside

Shares of Gevo (Nasdaq: GEVO) soared after completing a 1-for-15 reverse stock split after market close on Monday.

Carlson Capital acquired a 5.3% stake in Vitamin Shoppe (NYSE: VSI).

EMC (NYSE: EMC) reported lower first quarter earnings due to the strong dollar but impressive results by subsidiary VMware (NYSE: VMW) lifted the stock price.

On the downside

Investors locked in profits on Celladon (Nasdaq: CLDN).

Former BIOLASE (Nasdaq: BIOL) chairman and chief executive Federico Pignatelli withdrew his name as a nominee for the board of directors.

DR Horton (NYSE: DHI) reported higher second quarter earnings and revenue but the stock price fell over margin concerns.
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 gained 10 points to 2107. Bitcoin added $1 to $234.
Sales of existing homes soared 6.1% in March to lift the markets higher during the midday with Dow gaining 51 points to 18,000. Nasdaq rose 8 points to 5,022.

On the upside

Brookfield Asset Management will pay a premium in  cash to acquire Associated Estates Realty (NYSE: AEC) in a transaction valued at approximately $2.5 billion including the assumption of debt.

CalAmp (Nasdaq: CAMP) impressed with sharply higher fourth quarter earnings and revenue that beat analyst expectations.

ASML Holding (Nasdaq: ASML) announced a contract to deliver a minimum of 15 ASML EUV lithography systems to a client.

On the downside

Super Micro Computer (Nasdaq: SMCI) reported higher third quarter earnings but the results fell short of analyst estimates.

Natural Resource Partners (NYSE: NRP) slashed its quarterly dividend from 35 cents per share to 9 cents per share payable on May 14, 2015 to shareholders of record May 5, 2015.

First quarter earnings rose for Chipotle Mexican Grill (NYSE: CMG) but revenue and same store sales fell short of analyst expectations and the fast-casual restaurant chain warned that a shortage of pork will continue to negatively impact sales.
 
In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 rose 7 points to 2104. Bitcoin added $3 to $235. 
Disappointing earnings weighed the markets down to a modestly lower open with Dow slipping 28 points to 17,921. Nasdaq lost 11 points to 5,002.

On the upside

The Food and Drug Administration granted 510(k) clearance to Great Basin Scientific's (Nasdaq: GBSN) molecular diagnostic test for Group B Streptococcus.

Procera Networks (Nasdaq: PKT) will be acquired by Francisco Partners Management for $240 million in cash.

Angie's List (Nasdaq: ANGI) swung to an unexpected profit for the first quarter.

On the downside

Cree (Nasdaq: CREE) disappointed with sharply lower third quarter earnings that fell short of analyst expectations.

Bloomberg reported that the Justice Department is investigating Trinity Industries (NYSE: TRN) for possible criminal charges related to the company's guardrails.

First quarter earnings dropped for Adtran (Nasdaq: ADTN) to fall short of estimates.
 
In the broad market, declining issues outpaced advancers by a margin of 3 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 eased a point to 2095. Bitcoin added $3 to $235.

Mixed close over earnings

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It was a mixed close with Dow dropping 85 points to 17,949 while Nasdaq gained 19 points to 5,014 over a mixed bag of corporate earnings.

On the upside

Bargain hunters continued to lift shares of Viggle (Nasdaq: VGGL).

Allegheny Technologies (NYSE: ATI) swung to a profit for the first quarter as revenue rose.

Advaxis (Nasdaq: ADXS) reported positive data from two preclinical studies of ADXS-HPV and upbeat preliminary data from on ongoing Phase 1 trial of ADXS-HER2.

On the downside

Gulfmark Offshore (NYSE: GLF) fell to a loss as revenue dropped more than expected and the company forecast current quarter revenue below estimates.

Flotek Industries (NYSE: FTK) warned of losses for the first quarter as revenue fell.

Investors locked in profits on Nymox Pharmaceuticals (Nasdaq: NYMX).
 
In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while decliners edged out advancers on Nasdaq. The broader S&P 500 slipped 3 points to 2097. Bitcoin gained $8 to $231.
The markets traded mixed during the midday with Dow falling 66 points to 17,968 over mixed earnings and increasing concerns that Greece will default. Nasdaq gained 22 points to 5,017.

On the upside

Shares of Voltari (Nasdaq: VLTC) continued soaring three weeks after activist investor Carl Icahn increased his stake in the company to 52.3%.

First quarter earnings slipped for Tile Shop Holdings (Nasdaq: TTS) but revenue rose to top estimates.

Rambus (Nasdaq: RMBS) reported higher first quarter earnings that beat analyst expectations.

On the downside

Ultra Clean Holdings (Nasdaq: UCTT) disappointed with lower first quarter earnings and revenue and forecast current quarter results below expectations prompting downgrades.

Sanmina (Nasdaq: SANM) reported lower second quarter earnings that fell short of expectations and forecast current quarter results that missed estimates.

Packaging Corporation of America (NYSE: PKG) reported flat first quarter earnings and revenue.
 
In the broad market, declining issues barely edged out advancers by a slim margin on both the NYSE while advancers outpaced decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 slipped a point to 2099. Bitcoin edged up to $223.

Mixed open over Greek concerns

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The markets opened mixed with Dow slipping 28 points to 18,006 while Nasdaq gained 22 points to 5,017 as investors weighed upbeat earnings against a possible Greek default.

On the upside

Lam Research (Nasdaq: LCRX) reported higher third quarter earnings and revenue that surpassed analyst expectations.

First quarter earnings fell for Fortinet (Nasdaq: FTNT) but the results were better than expected.

Teva Pharmaceutical (Nasdaq: TEVA) offered a premium of approximately $40 billion to acquire Mylan (Nasdaq: MYL).

On the downside

Concerns that Greece will soon default weighed down shares of National Bank of Greece (NYSE: NBG).

Harley-Davidson (NYSE: HOG) reported higher first quarter earnings but revenue slipped and the company lowered its shipment outlook for 2015.

Novogen (Nasdaq: AMD) announced a private placement of approximately 51 million common shares.
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 added a point to 2102. Bitcoin added $1 to $223.
The markets surged to close sharply higher with Dow rocketing 208 points to 18,034 after China's central bank cut bank reserve requirements. Nasdaq leaped 62 points to 4,994.

On the upside

Novogen (Nasdaq: NVGN) subsidiary CanTx and Yale University announced positive pre-clinical data for its anti-cancer drug Cantrixil.

Shares of Voltari (Nasdaq: VLTC) continued rising.

An appeals court rejected Paul Ceglia's civil suit claiming 50% ownership of Facebook (Nasdaq: FB).

On the downside

Profit taking weighed down shares of Brainstorm Cell Therapeutics (Nasdaq: BCLI).

24/7 Wall Street listed Nektar Therapeutics (Nasdaq: NKTR) as one of five worst performing big biotech firms in 2015.

Shares of Advanced Micro Devices (Nasdaq: AMD) extended its losses.
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 soared 19 points to 2100. Bitcoin added $1 to $223.
A $46 billion investment plan by China and Pakistan boosted the markets during the midday with Dow jumping 233 points to 18,059. Nasdaq soared 59 points to 4,990.

On the upside

Halliburton (NYSE: HAL) fell to a loss for the first quarter on lower revenue but the results were better than expected.

The Federal Housing Finance Agency loosened capital requirements on some mortgages which lifted shares of MGIC Investment (NYSE: MTG).

Xueda Education Group (NYSE: XUE) received a non-binding buyout offer of $3.38 per American Depositary Share from Insight Investment.

On the downside

FARO Technologies (Nasdaq: FARO) warned that first quarter revenue would fall short of analyst expectations prompting downgrades.

Shares of Juno Therapeutics (Nasdaq: JUNO) and Ziopharm Oncology (Nasdaq: ZIOP) fell after Novartis (NYSE: NVS) and University of Pennsylvania reported disappointing CAR-T cell therapies data at the American Association for Cancer Research over the weekend.

Investors continued to lock in profits on Etsy (Nasdaq: ETSY).
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 soared 21 points to 2102. Bitcoin added $1 to $223.
Strong earnings and rising crude oil prices sent the markets soaring to a sharply higher open with Dow rocketing 230 points to 18,056. Nasdaq climbed 45 points to 4,976.

On the upside

Genetic Technologies (Nasdaq: GENE) announced that two additional breast health centers will offer BREVAGenplus to their patients.

Hasbro (Nasdaq: HAS) reported lower first quarter earnings but the results were better than expected.

Shares of Vimicro International (Nasdaq: VIMC) continued to climb ahead of its presentation at the Industrial Securities 2015 Greater China Investment Forum on Wednesday, April 22.

On the downside

Iconix Brand Group (Nasdaq: ICON) announced the resignation of chief operating officer Seth Horowitz.

Caesars Entertainment (Nasdaq: CZR) subsidiary Caesars Entertainment Operating Co. requested an additional six months to file its bankruptcy plan.

Royal Caribbean Cruises (NYSE: RCL) reported higher first quarter earnings but revenue fell to miss expectations and the company lowered its full year earnings outlook.
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 climbed 19 points to 2100. Bitcoin added $1 to $222.
Greek financial woes along with efforts by the Chinese government to increase regulation of margin trading sent the markets tumbling to a sharply lower close with Dow collapsing 279 points to 17,826. Nasdaq plummeted 75 points to 4,931.

On the upside

Summit Materials (NYSE: SUM) will acquire a cement plant and seven cement distribution terminals from Lafarge North America.

Mattel (Nasdaq: MAT) reported a smaller than expected loss for the first quarter.

Bloomberg reported that Teva Pharmaceutical (NYSE: TEVA) was exploring the possibility of purchasing Mylan (Nasdaq: MYL).

On the downside

Shares of ForceField Energy (Nasdaq: FNRG) continued falling.

Profit taking weighed down shares of Solazyme (Nasdaq: SZYM).

Bloomberg reported that the Department of Justice was preparing to block the proposed merger of Comcast (Nasdaq: CMCSA) and Time Warner (NYSE: TWC).
 
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 1 on the NYSE and by nearly 5 to 1 on Nasdaq. The broader S&P 500 plunged 23 points to 2081. Bitcoin lost $4 to $223.
The markets tumbled during the midday with Dow diving 235 points to 17,869 as Greece struggled to find sufficient funds to meet payroll obligations by the end of the month. Nasdaq plummeted 68 points to 4,939.

On the upside

Supertel Hospitality (Nasdaq: SPPR) sold two Savannah Suites hotels for a total of $7.8 million and entered an agreement to sell two hotels for $19 million.

Oppenheimer initiated coverage of CytRx (Nasdaq: CYTR) with an Outperform rating.

TrovaGene (Nasdaq: TROV) reported presented data at the 2015 European Lung Cancer Conference demonstrating that its urine-based Precision Cancer Monitoring platform outperformed tissue biopsy for detecting and monitoring EGFR T790M mutations in metastatic lung cancer patients.

On the downside

Discovery Laboratories (Nasdaq: DSCO) completed enrollment in its AEROSURF phase 2a clinical trial but the stock price fell.

PROS Holdings (NYSE: PRO) warned that first quarter earnings would fall short of previous guidance.

Retreating crude oil prices weighed down shares of SandRidge Energy (NYSE: SD).
 
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 1 on the NYSE and by nearly 5 to 1 on Nasdaq. The broader S&P 500 plummeted 20 points to 2084. Bitcoin fell $6 to $221.
Concerns about potential new trading regulations in China sent the markets tumbling to a sharply lower open with Dow plummeting 258 points to 17,847. Nasdaq plunged 71 points to 4,935.

On the upside

Celanese (NYSE: CE) reported higher first quarter earnings that beat analyst expectations.

Novogen (Nasdaq: NVGN) will collaborate with the Feinstein Institute for Medical Research to develop brain cancer treatments.

Shares of Rosetta Genomics (Nasdaq: ROSG) continued rising.

On the downside

Athersys (Nasdaq: ATHX) reported disappointing results from a Phase 2 study of its MultiStem cell therapy to treat ischemic stroke patients.

Advanced Micro Devices (Nasdaq: AMD) widened first quarter losses more than expected as revenue dropped.

ServiceNow (NYSE: NOW) widened losses for the first quarter and forecast current quarter revenue below analyst estimates.
 
In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 plunged 22 points to 2082. Bitcoin lost $5 to $222.
An increase in first time applications for unemployment benefits along with a disappointing new home construction report weighed the markets down to a modestly lower close with Dow slipping 6 points to 18,105. Nasdaq lost 3 points to 5,007.

On the upside

First quarter earnings fell for Travelzoo (Nasdaq: TZOO) but the results were better than expected.

Identiv (Nasdaq: INVE) entered an agreement with Cisco Systems (Nasdaq: CSCO) to provide solutions for the Internet of Everything.

Biostar Pharmaceuticals (Nasdaq: BSPM) reported higher fourth quarter earnings and revenue.

On the downside

Shares of Angie's List (Nasdaq: ANGI) continued falling after announcing yesterday that co-founder and chief executive Bill Oesterle would leave the company.

Athersys (Nasdaq: ATHX) stock extended its losses.

Shares of Ocwen Financial (NYSE: OCN) continued falling.
 
In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 slipped a point to 2104. Bitcoin gained $7 to $227. 

Markets flat at midday

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The markets traded near the flatline during the midday with Dow edging down 4 points to 18,107. Nasdaq slipped 3 points to 5,007.

On the upside

Shares of Etsy (Nasdaq: ETSY) surged on its first trading day.

Party City (NYSE: PRTY) stock soared in its market debut.

Shares of Virtu Financial (Nasdaq: VIRT) climbed on its first day of trading.

On the downside

Investors locked in profits on Natural Health Trends (Nasdaq: NHTC).

ForceField Energy (Nasdaq: FNRG) said that a report issued by MoxResearch yesterday contained inaccurate information but the stock price continued falling.

Retreating crude oil prices weighed down shares of Gulfmark Offshore (NYSE: GLF).
 
In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 eased a point to 2104. Bitcoin rose $7 to $227.
March housing starts rose less than expected to weigh down the markets to a lower open with Dow losing 33 points to 18,079. Nasdaq lost 10 points to 5,000.

On the upside

The Food and Drug Administration granted Fast Track designation to MedicNova's (Nasdaq: MNOV) MN-001 to treat nonalcoholic steatohepatitis with fibrosis.

Rosetta Genomics (Nasdaq: ROSG) received a patent allowance for a method of identifying a tissue of origin of a cancer sample.

First quarter earnings fell for Netflix (Nasdaq: NFLX) due to the strong dollar but the results were better than expected and the video streaming service added more subscribers than anticipated.

On the downside

SanDisk (Nasdaq: SNDK) disappointed with lower first quarter earnings that missed analyst expectations as revenue fell prompting a downgrade.

Pernix Therapeutics (Nasdaq: PTX) commenced a private offering of $120 million in convertible senior notes.

Pacira (Nasdaq: PCRX) received a subpoena from the Justice Department for documents related to the marketing and promotion practices of Exparel.
 
In the broad market, declining issues outpaced advancers 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 lost 4 points to 2101. Bitcoin added $5 to $225.
Soaring crude oil prices lifted the markets to a higher close with Dow climbing 75 points to 18,112. Nasdaq gained 33 points to 5,011.

On the upside

Shares of XBiotech (Nasdaq: XBIT) surged in its market debut.

Warren Resources (Nasdaq: WRES) stock soared as crude oil prices continued advancing.

DS Healthcare Group (Nasdaq: DSKS) reversed year ago losses to post a profit for the fourth quarter as revenue rose.

On the downside

Shares of Athersys (Nasdaq: ATHX) continued falling.

RCS Capital's (NYSE: RCAP) Cetera Financial Group added a two-broker practice in Massachusetts but the stock price fell.

Mad Money's Jim Cramer said that Avon (NYSE: AVP) would not be able to find a buyer for its North American business.
 
In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 gained 10 points to 2106. Bitcoin added $5 to $219.
The markets traded higher during the midday with Dow gaining 66 points to 18,103 as homebuilders sentiment increased. Nasdaq climbed 24 points to 5,001.

On the upside

Shares of Aduro Biotech (Nasdaq: ADRO) more than doubled on its first trading day.

Intel (Nasdaq: INTC) reported higher first quarter earnings.

Rising crude oil prices lifted shares of offshore drilling services provider Seadrill (NYSE: SDRL).

On the downside

Shares of Advaxis (Nasdaq: ADXS) fell as rival Aduro Biotech (Nasdaq: ADRO) made its market debut.

Bank of America (NYSE: BAC) swung to a profit as litigation expenses dropped but low interest rates continued to impact earnings.

Starwood Property Trust (NYSE: STWD) priced its public offering of 12 million common shares at an undisclosed price.
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 gained 10 points to 2106. Bitcoin added $5 to $220.

Higher open on rising oil prices

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Rising crude oil prices lifted the markets to a higher open with Dow climbing 82 points to 18,118. Nasdaq gained 18 points to 4,995.

On the upside

Celsion (Nasdaq: CLSN) reported positive interim data from a Phase 2 DIGNITY Trial of ThermoDox to treat recurrent chest wall breast cancer.

Smith & Wesson (Nasdaq: SWHC) raised its outlook for the fourth quarter and full year.

Shares of AirMedia (Nasdaq: AMCN) climbed for the seventh straight day.

On the downside

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

Nokia (NYSE: NOK) will buy Alcatel-Lucent (NYSE: ALU) in an all stock deal valued at approximately $16.6 billion but Alcatel-Lucent shareholders were disappointed that no cash would be part of the transaction.

Profit taking weighed down shares of Northstar Asset Management (NYSE: NSAM).
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 gained 11 points to 2107. Bitcoin added $6 to $220.

Mixed close over earnings

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It was a mixed close for the markets with Dow rising 59 points to 18,036 over earnings news. Nasdaq lost 10 points to 4,977.

On the upside

Solazyme (Nasdaq: SZYM) entered a strategic agreement with Flotek Industries (NYSE: FTK) to jointly commercialize and market the environmentally conscious drilling fluid additive Flocapso.

Shares of Voltari (Nasdaq: VLTC) continued climbing.

The Wall Street Journal reported that Avon Products (NYSE: AVP) was exploring a possible sale of its North America business.

On the downside

MiMedx (Nasdaq: MDXG) reported preliminary first quarter that was in-line with previous guidance but the company warned that difficult weather challenges negatively impacted revenue.

Zynga (Nasdaq: ZNGA) rival Social Gaming Network indicated to FOXBusiness.com that it was preparing for an initial public offering.

Investors locked in profits on Noah Holdings (NYSE: NOAH).
 
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 added 3 points to 2095. Bitcoin lost $6 to $214.

Mixed markets over earnings

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The markets traded mixed during the midday with Dow gaining 86 points to 18,063 while Nasdaq lost 10 points to 4,977 as investors monitored corporate earnings.

On the upside

Financial Times reported that 58.com (NYSE: WUBA) and Ganji.com were exploring a possible merger.

Mad Money's Jim Cramer expects Ziopharm Oncology (Nasdaq: ZIOP) to rebound.

BioLife Solutions (Nasdaq: BLFS) reported higher preliminary first quarter revenue prompting Zacks Small Cap Research to affirm its Buy rating on the company.

On the downside

Pep Boys-Manny Moe & Jack (NYSE: PBY) widened fourth quarter losses more than expected.

J.C. Penney (NYSE: JCP) accidentally released first quarter same store sales estimates.

Zillow Group (Nasdaq: Z) warned that 2015 earnings and revenue would fall short of analyst expectations.
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 added 4 points to 2096. Bitcoin slipped $2 to $218.
The International Monetary Fund expects the global economy to grow at a modest 3.5% pace. The markets opened lower with Dow losing 39 points to 17,937.  Nasdaq fell 27 points to 4,960.

On the upside

Stifel Nicolaus upgraded Builders FirstSource (Nasdaq: BLDR) from a Hold rating to a Buy rating.

Nokia (NYSE: NOK) confirmed that it was engaged in advanced discussions to merge with Alcatel-Lucent (NYSE: ALU).

China Ceramics (Nasdaq: CCCL) swung to a profit for the fourth quarter as revenue rose.

On the downside

Profit taking weighed down shares of Sysorex Global Holdings (Nasdaq: SYRX).

Norfolk Southern (NYSE: NSC) warned that first quarter earnings would fall short of expectations.

Jefferies downgraded Arrowhead Research (Nasdaq: ARWR) from a Buy rating to a Hold rating.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE while decliners edged out advancers by nearly 5 to 4 on Nasdaq. The broader S&P 500 lost 4 points to 2087. Bitcoin slipped $1 to $219.
Earnings concerns sent the markets down to a lower close with Dow dropping 80 points to 17,977.  Nasdaq slipped 7 points to 4,988.

On the upside

Bloomberg reported that Alcatel-Lucent (NYSE: ALU) was close to finalizing a deal to sell its mobile networks business to Nokia (NYSE: NOK).

Recro Pharma (Nasdaq: REPH) completed its acquisition of IV/IM meloxicam and a contract manufacturing facility, royalty and formulation business from Alkermes.

Paragon Offshore (NYSE: PGN) released its fleet status report today.

On the downside

Shares of Cytosorbents (Nasdaq: CTSO) continued falling.

Exports of made-in-the-USA cars climbed in 2014 but shares of Ford (NYSE: F) slipped.

Altisource Portfolio Solutions (Nasdaq: ASPS) launched its Residential Investor One cooperative but the stock price fell.
 
In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 fell 9 points to 2092. Bitcoin lost $11 to $222.
A drop in Chinese exports in March sparked concerns of a global economic slowdown and weighed the markets down during the midday with Dow losing 33 points to 18,024.  Nasdaq added 2 points to 4,998.

On the upside

Shares of AirMedia Group (Nasdaq: AMCN) continued climbing.

Sysorex Global Holdings (Nasdaq: SYRX) subsidiary Lilien Systems was named to The Channel Company's CRN Tech Elite 250.

Goldman Sachs upgraded Clovis Oncology (Nasdaq: CLVS) to a Buy rating from a Neutral rating and increased its price target to $117 from $68.

On the downside

Cytori Therapeutics (Nasdaq: CYTX) reported a 50% reduction in the average therapeutic benefit on hand pain from six months to twelve months in a Scleradec-I clinical trial.

Basic Energy Services (NYSE: BAS) reported lower fluid service truck count and hours as well as a drop in rig utilization rate to 50% from 81% for the month of March compared with last year.

Slipping gold prices weighed down shares of Kinross Gold (NYSE: KGC).
 
In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 lost 4 points to 2097. Bitcoin slipped $1 to $233.
The markets opened higher with Dow rising 31 points to 18,089 as crude oil prices continued climbing.  Nasdaq gained 26 points to 5,022.

On the upside

Builders FirstSource (Nasdaq: BLDR) will acquire ProBuild Holdings in an all cash deal valued at approximately $1.63 billion.

Great Basin Scientific (Nasdaq: GBSN) reported that its revenue generating customers in the United States increased to 101 in the first quarter.

The Food and Drug Administration notified Arrowhead Research (Nasdaq: ARWR) that it may proceed with a multi-dose Phase 2b clinical study of ARC-520.

Rising crude oil prices lifted shares of Petrobras (NYSE: PBR)

On the downside

Investors locked in profits on General Electric (NYSE: GE).

MGM Resorts (NYSE: MGM) filed proxy materials for its annual meeting.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2106. Bitcoin slipped $1 to $233.
Crude oil prices rose again to lift the markets to a higher close with Dow soaring 98 points to 18,057.  Nasdaq climbed 21 points to 4,995.

On the upside

Rising crude oil prices lifted shares of oil tanker operator Frontline (NYSE: FRO).

Nokia (NYSE: NOK) may sell its maps business in order to focus on growing its wireless networks unit.

Bargain hunters lifted shares of Zynga (Nasdaq: ZNGA).

On the downside

AngioDynamics (Nasdaq: ANGO) fell to a greater than expected loss for the third quarter prompting the medical device maker to cut its full year outlook.

Investors locked in profits on Digital Ally (Nasdaq: DGLY).
 
Shares of Great Basin Scientific (Nasdaq: GBSN) extended its losses.

In the broad market, advancing issues outpaced decliners by a margin of 3 to 2 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 gained 10 points to 2102. Bitcoin lost $8 to $233. 

Markets advance at midday

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The markets continued to advance during the midday with Dow climbing 74 points to 18,032 as crude oil prices rose.  Nasdaq gained 16 points to 4,991.

On the upside

Quantum (NYSE: QTM) reported strong preliminary fourth quarter earnings and revenue that surpassed previous guidance.

Rising crude oil prices lifted share of PostRock Energy (Nasdaq: PSTR).

Pre-orders for the Alcatel-Lucent (NYSE: ALU) OneTouch Idol 3 phone will begin on April 21.

On the downside

Mitel Networks (Nasdaq: MITL) appointed Wes Durow to the position of chief marketing officer.

GenCorp (NYSE: GY) widened losses for the first quarter as revenue fell.
 
Shares of Rite Aid (NYSE: RAD) continued falling.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 gained 8 points to 2100. Bitcoin lost $7 to $234.
The markets opened higher with Dow rising 36 points to 17,995 as crude oil prices continued to advance.  Nasdaq rose 4 points to 4,979.

On the upside

Shares of Voltari (Nasdaq: VLTC) continued soaring.

Excel Trust (NYSE: EXL) will be acquired by Blackstone Property Partners (NYSE: BX) in an all cash deal valued at approximately $2 billion.

General Electric (NYSE: GE) will sell most of its financial business, GE Capital, in order to focus on its industrial manufacturing business.

On the downside

Extreme Networks (Nasdaq: EXTR) reported preliminary third quarter results that fell short of previous guidance and announced the resignation of chief revenue officer Jeff White.

Citrix Systems (Nasdaq: CTXS) warned that first quarter earnings and revenue would miss its prior forecast prompting a downgrade.
 
unique (Nasdaq: QURE) priced its follow-in public offering of 3 million common shares at the discounted price of $29.50 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 rose 5 points to 2096. Bitcoin lost $6 to $234.

Rising oil prices lift markets

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Crude oil prices edged up to lift the markets to a higher close with Dow gaining 56 points to 17,958.  Nasdaq climbed 23 points to 4,974.

On the upside

Shares of Carbylan Therapeutics (Nasdaq: CYBL) soared on its first trading day.

Shares of Voltari (Nasdaq: VLTC) surged again after billionaire investor Carl Icahn disclosed last week that he increased his stake in the mobile marketing and advertising solutions company.

The police shooting of an unarmed man in South Carolina lifted shares of digital video and surveillance technology firm Digital Ally (Nasdaq: DGLY).

On the downside

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

Shares of Nymox Pharmaceutical (Nasdaq: NYMX) continued falling.
 
Rite Aid (NYSE: RAD) stock retreated after the company forecast 2016 earnings yesterday that fell far short of analyst expectations.

In the broad market, advancing issues were on par with decliners on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 gained 9 points to 2091. Bitcoin slipped $3 to $241. 
First time applications for unemployment benefits dropped to a 15-year low to send the markets down to a lower open with Dow losing 30 points to 17,871 over renewed concerns of a rate increase.  Nasdaq held steady at 4,950.

On the upside

Novogen (Nasdaq: NVGN) announced that studies conducted by the University of Queensland Diamantina Institute demonstrated that Ansina killed melanoma cells irrespective of their mutational status.

The Food and Drug Administration granted fast track designation to Exelixis' (Nasdaq: EXEL) cabozantinib.

Fourth quarter earnings slipped for Pier 1 Imports (NYSE: PIR) but the results were better than expected.

On the downside

Zynga (Nasdaq: ZNGA) chief executive Don Mattrick resigned and will be replaced by founder and former CEO Mark Pincus.

CNBC reported that Intel (Nasdaq: INTC) ended discussions to acquire Altera (NYSE: ALTR).
 
Bed Bath & Beyond (Nasdaq: BBBY) reported lower fourth quarter earnings that missed expectations.

In the broad market, advancing issues outpaced decliners by a margin of 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 5 points to 2081. Bitcoin slipped $1 to $243.
The markets closed modestly higher with Dow rising 27 points to 17,902 after Federal Reserve minutes indicated differing opinions over an interest rate increase.  Nasdaq climbed 40 points to 4,950.

On the upside

Zep (NYSE: ZEP) swung to a profit for the second quarter and announced that the company would be taken private by New Mountain Capital in a deal valued at approximately $692 million including the assumption of debt.

Advaxis (Nasdaq: ADXS) and Merck (NYSE: MRK) announced that enrollment began in the Phase 1/2 clinical trial of ADXS-PSA and KEYTRUDA to treat advanced prostate cancer.

Efforts by China to stimulate its sluggish economy lifted share of YY (Nasdaq: YY) and Youku Tudou (NYSE: YOKU).

On the downside

Falling crude oil prices weighed down shares of Halcon Resources (NYSE: HK), Laredo Petroleum (NYSE: LPI) and PostRock Energy (Nasdaq: PSTR).

Shares of midstream solutions provider Crestwood Equity Partners (NYSE: CEQP) fell as crude oil prices retreated.
 
Scorpio Bulkers (NYSE: SALT) reported a loss for the year.

In the broad market, advancing issues outpaced decliners by a margin of 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 5 points to 2081. Bitcoin lost $7 to $244.
The markets retreated from early morning highs after the New York Federal Reserve president indicated that interest rates may still increase in June. The Dow rose 25 points to 17,900.  Nasdaq gained 34 points to 4,944.

On the upside

Mylan (Nasdaq: MYL) offered a premium of approximately $29 billion to acquire Perrigo (NYSE: PRGO).

Rite Aid (NYSE: RAD) reported sharply higher fourth quarter earnings that beat analyst expectations as revenue rose.

Alibaba (NYSE: BABA) said that it may inject its online movie ticketing business and its financing and investment platform for producing media content into Alibaba Pictures.

On the downside

Baltic Trading (NYSE: BALT) will be acquired by Genco Shipping & Trading in an all stock transaction.

Falling crude oil prices weighed down shares of Penn West Petroleum (NYSE: PWE) and SandRidge Energy (NYSE: SD).
 
Concerns about an oversupply of coal weighed down shares of Arch Coal (NYSE: ACI).

In the broad market, advancing issues outpaced decliners by a margin of 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 added 4 points to 2080. Bitcoin fell $8 to $243.
Shell's bid for BG Group lifted the markets to a higher open with the Dow gaining 66 points to 17,942.  Nasdaq rose 28 points to 4,938.

On the upside

Shenzhen Liantronics acquired a 5% stake in AirMedia Group (Nasdaq: AMCN).

Second Sight Medical Products (Nasdaq: EYES) announced the first successful implant of a mechanical model of the Orion(TM) I Visual Cortical Prosthesis in an animal study.

Royal Dutch Shell (NYSE: RDSA) will acquire BG Group in a cash and stock deal valued at approximately $70 billion.

On the downside

Lionsgate (NYSE: LGF) priced a secondary offering of 10 million common shares at the discounted price of $32.00 per share.

Investors locked in profits on Sysorex Global Holdings (Nasdaq: SYRX).
 
Flamel Technologies (Nasdaq: FLML) senior vice president of business and corporate development Steve Lisi left the company.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 rose 7 points to 2084. Bitcoin fell $7 to $244.

Markets slip ahead of earnings

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The markets retreated in late afternoon trading to close modestly lower with the Dow slipping 5 points to 17,875 ahead of the beginning of earnings season tomorrow.  Nasdaq lost 7 points to 4,910.

On the upside

Chimera Investment (NYSE: CIM) completed its one-for-five reverse stock split.

Climbing crude oil prices lifted shares of PostRock Energy (Nasdaq: PSTR).

Rumors circulated that Twitter (NYSE: TWTR) may be acquired.

On the downside

UBS downgraded Evercore Partners (NYSE: EVR) from a Buy rating to a Neutral rating.

24/7 Wall St. noted that Credit Suisse selected Micron Technology (Nasdaq: MU) as one of its top technology stocks but the stock price fell.
 
Investors locked in profits on Halliburton (NYSE: HAL).

In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 lost 4 points to 2076. Bitcoin eased a fraction to $252.
The markets advanced during the midday with the Dow gaining 92 points to 17,973 as crude oil prices continued rising.  Nasdaq rose 23 points to 4,940.

On the upside

500.com (NYSE: WBAI) clarified that it was one of only two entities that the Ministry of Finance approved to provide online lottery sales services for China Sports Lottery Administration Center.

Shares of Cheetah Mobile (NYSE: CMCM) continued climbing after announcing yesterday that it had entered a commercial agreement with Nanigans.

Ocwen Financial (NYSE: OCN) affiliate Home Loans Servicing Solutions terminated plans to merge with New Residential Investment and will instead sell its assets to New Residential.

On the downside

Zacks Equity Research recommended buying PBF Energy (NYSE: PBF) but the stock price dropped.

Investors locked in profits on Voltari (Nasdaq: VLTC).
 
Hedge fund manager David Einhorn affirmed his recommendation to short Athenahealth (Nasdaq: ATHN) stock.

In the broad market, advancing issues outpaced decliners by a margin of 4 to 3 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 gained 7 points to 2087. Bitcoin eased a fraction to $252.
The markets opened higher with the Dow climbing 73 points to 17,953 over expectations that the Federal Reserve will delay increasing interest rates until later this year  Nasdaq gained 28 points to 4,945.

On the upside

International Game Technology (NYSE: IGT) completed its merger with GTECH.

Oppenheimer initiated coverage of BIND Therapeutics (Nasdaq: BIND) with an Outperform rating and a price target of $14.

The National Aeronautics and Space Administration awarded Sysorex (Nasdaq: SYRX) a Solutions for Enterprise-Wide Procurement contract.

On the downside

Ocular Therapeutix (Nasdaq: OCUL) reported disappointing results from a second Phase 3 clinical trial of its ocular inflammation and pain treatment OTX-DP.

Genesis Energy (NYSE: GEL) priced its public offering of 4 million common units at the discounted price of $44.42 per unit.
 
Canada sold its stake of approximately 73.4 million shares of General Motors (NYSE: GM).

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 rose 5 points to 2086. Bitcoin eased a fraction to $252.
Rebounding crude oil prices lifted the markets to a sharply higher close with the Dow soaring 117 points to 17,880.  Nasdaq climbed 30 points to 4,917.

On the upside

Shares of oilfield services firm Seventy Seven Energy (NYSE: SSE) climbed as crude oil prices rose.

Rebounding crude oil prices lifted shares of Comstock Resources (NYSE: CRK) and Swift Energy (NYSE: SFY).

Wells Fargo upgraded Microsoft (Nasdaq: MSFT) from a Market Perform rating to an Outperform rating.

On the downside

Shares of Great Basin Scientific (Nasdaq: GBSN) continued to fall.

Investors locked in profits on Receptos (Nasdaq: RCPT).
 
Cellular Biomedicine Group's (Nasdaq: CBMG) laboratory and production facility in Shanghai passed a fourth consecutive China Food and Drug Administration inspection 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 nearly 5 to 4 on Nasdaq. The broader S&P 500 gained 13 points to 2080. Bitcoin slipped $1 to $254.
The markets extended its gains during the midday with the Dow surging 172 points to 17,935 as crude oil prices advanced.  Nasdaq soared 39 points to 4,926.

On the upside

Climbing crude oil prices lifted shares of oilfield services firm Halliburton (NYSE: HAL).

Shares of Denbury Resources (NYSE: DNR) and Halcon Resources (NYSE: HK) rose as crude oil prices climbed.

Rising gold prices lifted shares of Seabridge Gold (NYSE: SA).

On the downside

Resonant (Nasdaq: RESN) announced the termination of development agreement with its first commercial customer.

Investors continued to lock in profits on Genetic Technologies (Nasdaq: GENE).
 
Profit taking weighed down shares of OvaScience (Nasdaq: OVAS).

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 climbed 19 points to 2086. Bitcoin held steady at $256.
The markets opened higher with the Dow rising 26 points to 17,789 as crude oil prices rebounded.  Nasdaq added 8 points to 4,894.

On the upside

China granted regulatory clearance to Cytori Therapeutics' (Nasdaq: CYTX) exclusive licensee Lorem Vascular to market and sell the Cytori Celution System.

Bristol-Myers (NYSE: BMY) entered an exclusive strategic collaboration with uniQure (Nasdaq: QURE) to develop gene therapies for cardiovascular diseases.

Shares of Voltari (Nasdaq: VLTC) continued climbing.

On the downside

Regulatory approval of the merger between Hudson City Bancorp (Nasdaq: HCBK) and M&T Bank has been delayed.

Wunderlich analyst Irene Haas downgraded Magnum Hunter Resources (NYSE: MHR) from a Buy rating to a Hold rating.
 
Profit taking weighed down shares of Nymox Pharmaceutical (Nasdaq: NYMX).

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 rose 3 points to 2070. Bitcoin added $1 to $257.

U. S. markets closed

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U. S. markets are closed for Good Friday
An unexpected drop in jobless claims lifted the markets to a higher close with the Dow gaining 65 points to 17,763.  Nasdaq rose 6 points to 4,886.

On the upside

Oppenheimer analyst Rohit Vanjani said that the recent plunge in OvaScience's (Nasdaq: OVAS) stock price resulted from a misunderstanding of data and maintained an Outperform rating on the stock.

TCP International Holdings (NYSE: TCPI) announced that its product validation review was proceeding as expected.

Brazilian stock exchange operator BM&F Bovespa proposed new rules to increase transparency for state run companies such as Petrobras (NYSE: PBR).

On the downside

SeaChange International (Nasdaq: SEAC) widened fourth quarter losses more than expected.

Profit taking continued to weigh down shares of Solar3D (Nasdaq: SLTD).
 
Trinity Biotech (Nasdaq: TRIB) priced its offering of exchangeable senior notes.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 gained 7 points to 2066. Bitcoin rose $6 to $251.
The markets retreated from early morning highs but continued to trade in positive territory with the Dow rising 23 points to 17,722 as jobless claims unexpectedly fell last week.  Nasdaq held steady at 4,880.

On the upside

Shares of Nymox Pharmaceutical (Nasdaq: NYMX) continued to soar.

Bargain hunters lifted shares of 500.com (NYSE: WBAI).

Shares of Kornit Digital (Nasdaq: KRNT) surged in its market debut.

On the downside

B. Riley initiated coverage of TrueCar (Nasdaq: TRUE) with a Sell rating.

Profit taking continued to weigh down shares of Cytosorbents (Nasdaq: CTSO).
 
Investors locked in profits on Sigma Designs (Nasdaq: SIGM).

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 5 points to 2064. Bitcoin edged up to $245.
Bargain hunters lifted the markets to a sharply higher open with the Dow soaring 104 points to 17,802.  Nasdaq gained 19 points to 4,899.

On the upside

Lumber Liquidators (NYSE: LL) reported preliminary first quarter revenue that surpassed analyst expectations.

FXCM (NYSE: FXCM) has repaid an additional $54 million of a loan from Leucadia.

CarMax (NYSE: KMX) reported sharply higher fourth quarter earnings that beat expectations as revenue rose.

On the downside

Axalta Coating Systems (NYSE: AXTA) upsized its secondary offering to 40 million common shares and priced the offering at the discounted price of $28 per share.

Conatus (Nasdaq: CNAT) priced its public offering of 3.5 million common shares at the discounted price of $5.75 per share.
 
Investors locked in profits on Voltari (Nasdaq: VLTC).

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE while advancers edged out decliners by more than 5 to 4 on Nasdaq. The broader S&P 500 gained 10 points to 2069. Bitcoin edged up to $245.
Factory activity expanded at the slowest pace in nearly two years to weigh the markets down to a lower close with the Dow falling 77 points to 17,698.  Nasdaq dropped 20 points to 4,880.

On the upside

Telemar Participacoes shareholders approved plans to merge with Oi (NYSE: OIBR) and Portugal Telecom.

UBS initiated coverage of Esperion Therapeutics (Nasdaq: ESPR) with a Buy rating and a $140 price target.

Great Basin Scientific (Nasdaq: GBSN) stock extended its gains.

On the downside

Shares of OvaScience (Nasdaq: OVAS) continued falling.

Celladon (Nasdaq: CLDN) stock extended its losses.
 
Mylan (Nasdaq: MYL) priced its secondary offering of 35 million common shares at the discounted price of $58.35 per share.

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 lost 8 points to 2059. Bitcoin held steady at $243.
Disappointing jobs data sent the markets lower during the midday with the Dow plummeting 126 points to 17,649.  Nasdaq fell 38 points to 4,862.

On the upside

Shares of GoDaddy (NYSE: GDDY) surged in its market debut.

Bloomberg reported that Brazilian president Dilma Rousseff announced plans to renew confidence in Petrobras (NYSE: PBR) by releasing audited financial statements and enforcing stricter compliance of rules.

Trillium Therapeutics (Nasdaq: TRIL) priced its public offering of 1.52 million common shares at $19.50 per share.

On the downside

Shares of Vaalco Energy (NYSE: EGY) extended its losses.

Campus Crest Communities (NYSE: CCG) will not pay any dividends to common stockholders in 2015 and has suspended dividend payments on Series A Cumulative Redeemable Preferred Shares.
 
Coherus Biosciences (Nasdaq: CHRS) priced its public offering of more than 4.13 million common shares at the discounted price of $29 per share.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while decliners edged out advancers by more than 7 to 5 on Nasdaq. The broader S&P 500 dropped 13 points to 2054. Bitcoin slipped $2 to $241.
The nation's private employers added fewer than expected jobs in March sending the markets tumbling to a sharply lower open with the Dow plunging 151 points to 17,624.  Nasdaq dropped 43 points to 4,857.

On the upside

The Food and Drug Administration granted Fast Track designation to Dyax (Nasdaq: DYAX) for DX-2930 for the prevention of hereditary angioedema attacks after the company reported positive Phase 1b study results.

Billionaire investor Carl Icahn purchased 4.06 million shares of Voltari (Nasdaq: VLTC).

Sears Holdings (Nasdaq: SHLD) will raise $2.5 billion by selling its properties to a newly formed real estate investment trust.

On the downside

EveryWare Global (Nasdaq: EVRY) will file for prepackaged Chapter 11 bankruptcy.

UTi Worldwide (Nasdaq: UTIW) widened fourth quarter losses more than expected as revenue fell and lowered its full year earnings outlook prompting a downgrade.
 
CytoSorbents (Nasdaq: CTSO) widened losses for the 2014 year.

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while decliners outpaced advancers by more than 7 to 5 on Nasdaq. The broader S&P 500 fell 14 points to 2053. Bitcoin slipped $2 to $241.

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