Lower open as consumer confidence falls

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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.

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This page contains a single entry by published on April 28, 2015 6:42 AM.

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