Markets open higher as oil continues rising

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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.

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This page contains a single entry by published on April 13, 2015 6:43 AM.

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