July 2015 Archives

Concerns about a crude oil glut weighed the markets down to a lower close with the Dow falling 55 points to 17,690. Nasdaq held steady at 5,128.

On the upside

Shares of 500.com (NYSE: WBAI) continued soaring.

Second quarter earnings surged for Immersion (Nasdaq: IMMR) to beat expectations as revenue climbed.
 
A10 Networks (NYSE: ATEN) reported a smaller than expected loss for the second quarter as revenue rose.
 
On the downside

Solazyme (Nasdaq: SZYM) reported a greater than expected loss for the second quarter ash revenue dropped.

Outerwall (Nasdaq: OUTR) fell to a loss for the second quarter as revenue slipped.

Vivus (Nasdaq: VVUS) widened second quarter losses and announced restructuring plans.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by 5 to 4 on Nasdaq. The broader S&P 500 lost 4 points to 2103. Bitcoin slipped $1 to $283.
The markets advanced during the midday with the Dow adding 14 points to 17,760 as European stocks recovered. Nasdaq gained 20 points to 5,149.

On the upside

SkyWest (Nasdaq: SKYW) reversed year ago losses to post a better than expected profit for the second quarter.

Avolon Holdings (NYSE: AVOL) is considering two acquisition offers, one for $30 per share and the second for $31 per share.
 
Second quarter earnings surged for Molina Healthcare (NYSE: MOH) to surpass expectations by a wide margin.
 
On the downside

World Fuel Services (NYSE: INT) disappointed with sharply lower second quarter earnings that fell far short of analyst expectations.

DigitalGlobe (NYSE: DGI) reported higher second quarter earnings and revenue but investors were disappointed that the company merely affirmed its full year outlook rather than increasing its forecast.

Credit Suisse and JPMorgan both downgraded LINN Energy (Nasdaq: LINE) from Neutral to Underperform and Underweight.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 added 3 points to 2112. Bitcoin slipped $1 to $282. 
The markets opened mixed with the Dow losing 15 points to 17,730 while Nasdaq gained 14 points to 5,143 as July inflation held steady in the eurozone.

On the upside

YRC Worldwide (Nasdaq: YRCW) swung to a greater than expected profit for the second quarter.

The Wall Street Journal reported that Coca-Cola Enterprises (NYSE: CCE) engaged in advanced talks with Coke bottlers in Germany, Spain and Portugal for a possible merger.
 
RingCentral (NYSE: RNG) narrowed second quarter losses more than expected as revenue climbed.
 
On the downside

QLogic (Nasdaq: QLGC) reported sharply lower first quarter earnings as revenue fell.

Second quarter earnings plunged for Ocwen Financial (NYSE: OCN) to fall short of expectations on lower revenue.

RADA Electronic Industries (Nasdaq: RADA) priced its public offering of more than 6.9 million common shares at the discounted price of $1.23 per share.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 added 2 points to 2110. Bitcoin slipped $2 to $282.
The markets closed mixed with the Dow slipping 5 points to 17,745 as the nation's gross domestic product expanded at a slower than expected 2.3% pace. Nasdaq rose 17 points to 5,128.

On the upside

QuickLogic (Nasdaq: QUIK) partnered with Sensory to provide a voice recognition solution that is embedded in its new EOS S3 sensor processing platform.

H&E Equipment Services (Nasdaq: HEES) reported lower second quarter earnings and revenue but the company increased its quarterly dividend.
 
Vonage Holdings (NYSE: VG) reported higher second quarter earnings and revenue that topped analyst estimates.
 
On the downside

MakeMyTrip (Nasdaq: MMYT) reported a greater than expected loss for the first quarter and lowered its full year revenue outlook.

Second quarter revenue fell for ITT Educational Services (NYSE: ESI).

Foundation Medicine (Nasdaq: FMI) widened second quarter losses and forecast full year revenue below expectations.

In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while advancers outpaced decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 held steady at 2108. Bitcoin held steady at $285.
The markets traded mixed during the midday as upbeat earnings tempered disappointing growth of the nation's economy. The Dow slipped 16 points to 17,734 while Nasdaq rose 18 points to 5,129.

On the upside

The first U.S. service station began selling gasoline blended with Gevo's (Nasdaq: GEVO) renewable isobutanol.

Nutrisystem (Nasdaq: NTRI) reported higher second quarter earnings and revenue that beat expectations and forecast current quarter as well as full year results ahead of estimates.
 
Second quarter earnings slipped for Ruckus Wireless (NYSE: RKUS) but revenue rose to surpass expectations.
 
On the downside

Linn (Nasdaq: LNCO) suspended its monthly cash dividend prompting a downgrade.

Qorvo (Nasdaq: QRVO) reported sharply lower first quarter earnings and forecast current quarter results that fell short of expectations.

Cimpress (Nasdaq: CMPR) fell to a loss for the fourth quarter and will no longer provide annual guidance for earnings and revenue.

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers outpaced decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 slipped a point to 2106. Bitcoin eased $1 to $286. 
The nation's economy expanded at a slower than expected 2.3% pace in the second quarter. The markets opened lower with the Dow falling 51 points to 17,699 while Nasdaq dropped 20 points to 5,097.

On the upside

WPCS International (Nasdaq: WPCS) swung to an operating profit for the fourth quarter.

World Wrestling Entertainment (NYSE: WWE) swung to a profit for the second quarter.
 
Fourth quarter earnings and revenue for Open Text (Nasdaq: OTEX) surpassed expectations prompting an upgrade.
 
On the downside

Whole Foods Market (Nasdaq: WFM) reported third quarter earnings and revenue that fell short of analyst expectations.

Penn Virginia (NYSE: PVA) narrowed losses for the second quarter but revenue missed expectations.

LINN Energy (Nasdaq: LINE) widened second quarter losses and announced plans to suspend its monthly cash distribution.

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 lost 6 points to 2102. Bitcoin slipped $3 to $284.
The markets soared to a sharply higher close with the Dow surging 121 points to 17,751 after the Federal Reserve maintained interest rates at current levels. Nasdaq gained 22 points to 5,111.

On the upside

The lock-up period expired for Shake Shack (NYSE: SHAK).

Second quarter earnings and revenue fell for U.S. Silica (NYSE: SLCA) but the results were better than expected.
 
Bloomberg reported that VimpelCom (Nasdaq: VIP) and CK Hutchison Holdings may merge their wireless business in Italy.
 
On the downside

Second quarter revenue for Big 5 Sporting Goods (Nasdaq: BGFV) missed analyst estimates and the company forecast current quarter revenue below expectations.

New Source Energy Partners (NYSE: NSLP) suspended its quarterly cash distribution.

Global Cash Access Holdings (NYSE: GCA) fell to a loss for the second quarter and lowered its full year earnings outlook.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by nearly 9 to 7 on Nasdaq. The broader S&P 500 climbed 15 points to 2108. Bitcoin eased a fraction to $287.

Rate expectations boost markets

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Expectations that the Federal Reserve will maintain interest rates at record low levels lifted the markets during the midday with the Dow soaring 101 points to 17,731. Nasdaq added 8 points to 5,097.

On the upside

Second quarter earnings and revenue more than doubled for Natural Health Trends (Nasdaq: NHTC) and the company announced plans to repurchase up to $15 million in common shares.

Raymond James upgraded YRC Worldwide (Nasdaq: YRCW) from a Market Perform rating to a Strong Buy rating.
 
Zacks Equity Research identified ITT Educational Services (NYSE: ESI) as a value stock.
 
On the downside

Vasco Data Security (Nasdaq: VDSI) reported sharply higher second quarter earnings and revenue but the company forecast full year revenue that missed expectations.

Second quarter earnings and revenue fell short of expectations for Starz (Nasdaq: STRZA).

Shares of GrubHub (NYSE: GRUB) continued falling.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 gained 10 points to 2103. Bitcoin slipped $3 to $286. 
The markets opened higher with the Dow rising 60 points to 17,690 as investors await the Federal Reserve's policy statement. Nasdaq added a point to 5,090.

On the upside

Solvay will pay a premium of approximately $5.5 billion in cash to purchase Cytec Industries (NYSE: CYT).

Bargain hunters snapped up shares of Republic Airways (Nasdaq: RJET).
 
The Rubicon Project (NYSE: RUBI) reported a smaller than expected loss for the second quarter as revenue surged and forecast current quarter as well as full year revenue ahead of estimates.
 
On the downside

Yelp (NYSE: YELP) fell to an unexpected loss for the second quarter, forecast current quarter revenue below analyst expectations and announced the resignation of chairman Max Levchin prompting downgrades.

Twitter (NYSE: TWTR) reported a loss for the second quarter as user growth disappointed and warned that growth would take a significant amount of time.

Tableau Software (NYSE: DATA) widened losses for the second quarter.

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 5 to 4 on Nasdaq. The broader S&P 500 rose 6 points to 2099. Bitcoin slipped $2 to $288.

Upbeat earnings boost markets

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Upbeat corporate earnings along with recovering crude oil prices lifted the markets to a sharply higher close with the Dow leaping 189 points to 17,630. Nasdaq soared 49 points to 5,089.

On the upside

AK Steel (NYSE: AKS) reported a better than expected loss for the second quarter.

Second quarter earnings climbed for ICON (Nasdaq: ICLR) to beat expectations prompting the company to lift its full year earnings outlook.
 
TrueCar (Nasdaq: TRUE) expects July retail auto sales to increase by 4.2% from the previous year.
 
On the downside

Levi & Korsinky initiated an investigation into possible securities violations by the Immunomedics (Nasdaq: IMMU) Board of Directors.

Smith Micro Software (Nasdaq: SMSI) narrowed second quarter losses but revenue missed estimates.

Shares of LivePeson (Nasdaq: LPSN) fell ahead of its earnings release tomorrow after market close.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 surged 25 points to 2093. Bitcoin slipped $1 to $290. 
The markets advanced during the midday with the Dow soaring 163 points to 17,604 as the Athens stock exchange prepared to reopen after being closed for nearly one month. Nasdaq climbed 43 points to 5,083.

On the upside

Bargain hunters continued to snap up shares of Sunesis Pharmaceuticals (Nasdaq: SNSS).

Shares of Cliffs Natural Resources (NYSE: CLF) climbed ahead of its earnings release tomorrow.
 
The U.S. military bought a Multi-Mission Hemispheric Radar from RADA Electronic Industries (Nasdaq: RADA) to test and evaluate.
 
On the downside

Shares of Republic Airways Holdings (Nasdaq: RJET) extended its losses.

Radware (Nasdaq: RDWR) reported higher second quarter earnings and revenue but the results fell short of expectations.

Carmike Cinemas (Nasdaq: CKEC) fell to a loss for the second quarter.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 soared 22 points to 2090. Bitcoin eased a fraction to $291.
The markets opened mixed with the Dow rising 26 points to 17,467 as consumer confidence fell in July. Nasdaq slipped 8 points to 5,031.

On the upside

SuperValu (NYSE: SVU) reported higher first quarter earnings and revenue and is exploring the possibility of separating Save-A-Lot into an independent company.

Cadence Design Systems (Nasdaq: CDNS) reported sharply higher second quarter earnings that topped analyst expectations.
 
AK Steel Holding (NYSE: AKS) reported a smaller than expected loss for the second quarter.
 
On the downside

Second quarter earnings for Baidu (Nasdaq: BIDU) fell short of analyst expectations prompting downgrades.

Amkor Technology (Nasdaq: AMKR) disappointed with lower second quarter earnings and revenue that fell short of expectations.

CommVault Systems (Nasdaq: CVLT) fell to a greater than expected loss for the first quarter.

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 9 to 7 on Nasdaq. The broader S&P 500 rose 3 points to 2070. Bitcoin slipped $2 to $289. 
China's market selloff sent domestic markets tumbling to a sharply lower close with the Dow skidding 127 points to 17,440. Nasdaq plunged 48 points to 5,039.

On the upside

Magnetek (Nasdaq: MAG) will be acquired by Columbus McKinnon for a premium of approximately $188.9 million.

Beacon Roofing Supply (Nasdaq: BECN) will pay approximately $1.1 billion to acquire Roofing Supply Group.
 
Cryoport (Nasdaq: CYRX) expanded its portfolio of programs to include 45 clinical trials.
 
On the downside

A. M. Castle & Co. (NYSE: CAS) will be replaced on the S&P SmallCap 600 after market close on Friday, July 31.

First Majestic Silver (NYSE: AG) will acquire SilverCrest Mines.

Freeport-McMoRan (NYSE: FCX) reached an agreement with the Indonesian government for a six month export extension but the stock price fell.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 dropped 12 points to 2067. Bitcoin added$2 to $291.
The markets extended its losses during the midday with the Dow plummeting 128 points to 17,440 after Chinese markets plunged. Nasdaq tumbled 46 points to 5,042.

On the upside

Nymox Pharmaceutical (Nasdaq: NYMX) reported positive results from a Phase 3 study of NX-1207.

Celator Pharmaceuticals (Nasdaq: CPXX) presented this morning at the 42nd Annual Meeting and Exposition of the Controlled Release Society.
 
Oppenheimer initiated coverage of Pieris Pharmaceuticals (Nasdaq: PIRS) with an Outperform rating.
 
On the downside

Shares of TrueCar (Nasdaq: TRUE) continued falling.

Bellerophon Therapeutics (Nasdaq: BLPH) reported disappointing results from a PRESERVATION I clinical trial for Bioabsorbable Cardiac Matrix.

Shares of Peabody Energy (NYSE: BTU) fell ahead of its earnings release tomorrow morning before market open.

In the broad market, declining issues outpaced advancers by a margin of 7 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 fell 10 points to 2069. Bitcoin eased a fraction to $288.
A sharp drop in China's Shanghai Composite Index sent domestic markets tumbling with the Dow plunging 119 points to 17,448. Nasdaq dropped 25 points to 5,062.

On the upside

The Food and Drug Administration approved a second protocol for MediciNova's (Nasdaq: MNOV) MN-001 for NASH patients with hypertriglyceridemia.

Teva (NYSE: TEVA) abandoned its hostile bid for Mylan (Nasdaq: MYL) and has offered $40.5 billion in cash and stock to buy Allergan's (NYSE: AGN) generic drug business.
 
Xueda Education Group (NYSE: XUE) will merge with Xiamen Insight Investment.
 
On the downside

BioLineRx (Nasdaq: BLRX) development partner Bellerophon reported disappointing results from a PRESERVATION I clinical trial of BioLineRx's BL-1040.

Republic Airways (Nasdaq: RJET) warned of sharply lower second quarter earnings.

Stifel Nicolaus downgraded SFX Entertainment (Nasdaq: SFXE) from a Buy rating to a Hold rating.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 lost 9 points to 2069. Bitcoin slipped $4 to $285.
The markets sank with the Dow plummeting 163 points to 17,568 over concerns about the Chinese economy. Nasdaq plunged 57 points to 5,088.

On the upside

Shares of Inotek Pharmaceuticals (Nasdaq: ITEK) extended its gains.

Second quarter earnings and revenue fell for Netgear (Nasdaq: NTGR) but revenue beat expectations and the company announced plans to repurchase up to 3 million common shares.
 
CIBC initiated coverage of IAMGOLD (NYSE: IAG) with a Sector Underperform rating but the stock price rose.
 
On the downside

TripAdvisor (Nasdaq: TRIP) disappointed with lower second quarter earnings that fell short of analyst expectations.

Esperion (Nasdaq: ESPR) will hold its second annual analyst and investor day on Thursday, July 30.

Second quarter earnings fell for Capital One Financial (NYSE: COF) to miss expectations by a wide margin.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 plunged 22 points to 2079. Bitcoin gained $11 to $286.
Continued contraction of China's factory output sent the markets tumbling during the midday with the Dow plunging 114 points to 17,617. Nasdaq dropped 34 points to 5,112.

On the upside

Citigroup initiated coverage of Calithera Biosciences (Nasdaq: CALA) with a Buy rating.

Marketo (Nasdaq: MKTO) reported a smaller than expected loss for the second quarter as revenue soared and the company forecast current quarter and full year earning ahead of estimates.
 
LogMeIn (Nasdaq: LOGM) reported higher second quarter earnings and revenue that topped analyst estimates and forecast current quarter and full year results above expectations.
 
On the downside

RBC Capital Markets downgraded United Rentals (NYSE: URI) from a Top Pick to an Outperform rating and cut its price target from $110 to $94.

Biogen (Nasdaq: BIIB) reported higher second quarter earnings and revenue but the cut its full year earnings outlook on slowing sales of its multiple sclerosis drug Tecfidera.

Second quarter earnings and revenue rose for Constant Contact (Nasdaq: CTCT) but the company forecast current quarter results below expectations.

In the broad market, declining issues outpaced advancers by a margin of 5 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 fell 14 points to 2087. Bitcoin gained $11 to $286.
A delay to formal Greek bailout discussions weighed the markets down to a lower open with the Dow falling 46 points to 17,685. Nasdaq lost 11 points to 5,135.

On the upside

Amazon (Nasdaq: AMZN) swung to an unexpected profit for the second quarter as revenue rose and forecast current quarter revenue ahead of estimates.

Pandora Media (NYSE: P) reported a smaller than expected loss for the second quarter as revenue rose and the company forecast current quarter and full year revenue above expectations.
 
Mieji Yasuda Life Insurance will pay a premium of approximately $5 billion to acquire StanCorp Financial (NYSE: SFG).
 
On the downside

The Food and Drug Administration will not support a New Drug Application for Sunesis Pharmaceuticals' (Nasdaq: SNSS) vosaroxin to treat acute myeloid leukemia.

Spectranetics (Nasdaq: SPNC) widened losses for the second quarter and lowered its full year revenue forecast.

TrueCar (Nasdaq: TRUE) warned of losses for the second quarter and cut its full year revenue outlook prompting downgrades.

In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 lost 6 points to 2095. Bitcoin rose $6 to $281.
Falling gold prices along with concerns of an oversupply of crude oil sent the markets tumbling to a sharply lower close with the Dow plunging 119 points to 17,731. Nasdaq dropped 25 points to 5,146.

On the upside

Shares of Neos Therapeutics (Nasdaq: NEOS) surged in its market debut.

Cirrus Logic (Nasdaq: CRUS) reported sharply higher first quarter earnings and revenue that topped analyst estimates and forecast current quarter revenue ahead of expectations prompting an upgrade.
 
Cara Therapeutics (Nasdaq: CARA) reported positive results from a Phase 2 clinical trial of uremic pruritus treatment CR845.
 
On the downside

Quality Systems (Nasdaq: QSII) reported higher first quarter earnings and revenue but revenue fell short of expectations.

Second quarter earnings edged up for Customers Bancorp (NYSE: CUBI) but loan loss provisions surged.

United Rentals (NYSE: URI) reported lower second quarter earnings and cut its 2015 full year outlook.

In the broad market, declining issues outpaced advancer by a margin of more than 2 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 dropped 12 points to 2102. Bitcoin held steady at $274.
The markets opened mixed with the Dow slipping 28 points to 17,822 while Nasdaq rose 11 points to 5,183 as concerns of an oil glut tempered enthusiasm for jobless claims dropping to its lowest level in over 41 years.

On the upside

Inotek Pharmaceuticals (Nasdaq: ITEK) announced the Phase 3 development strategy for its glaucoma drug trabodenoson.

SanDisk (Nasdaq: SNDK) reported lower second quarter earnings and revenue but the results surpassed expectations.
 
Flotek Industries (NYSE: FTK) fell to a loss for the second quarter as revenue dropped but the results were better than expected.
 
On the downside

Second quarter funds from operations rose for LaSalle Hotel Properties (NYSE: LHO) but revenue missed estimates.

Del Frisco's Restaurant Group (Nasdaq: DFRG) reported lower second quarter earnings as revenue fell short of expectations.

Shares of Peabody Energy (NYSE: BTU) fell after JP Morgan downgraded the company yesterday.

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 eased a fraction to 2113. Bitcoin added $1 to $275.
Disappointment over technology earnings weighed the markets down to a lower close with the Dow falling 68 points to 17,851. Nasdaq dropped 36 points to 5,171.

On the upside

Baozun (Nasdaq: BZUN) entered a cooperation agreement with Alibaba's (NYSE: BABA) Cainiao Network Technology.

JP Morgan downgraded Peabody Energy (NYSE: BTU) from an Overweight rating to a Neutral rating.
 
Fibrocell Science (Nasdaq: FCSC) priced its public offering of 2.6 million common shares at the discounted price of $5.80 per share but the stock price rose.
 
On the downside

Credit Suisse downgraded Rex Energy (Nasdaq: REXX) from a Neutral rating to and an Underperform rating.

A federal judge denied Caesars Entertainment's (Nasdaq: CZR) request to block lawsuits from its creditors.

Microsoft (Nasdaq: MSFT) fell to a loss for the fourth quarter.

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 5 points to 2114. Bitcoin slipped $1 to $274. 
Sales of existing homes climbed in June but the markets extended its losses during the midday with the Dow dropping 90 points to 17,828 over disappointing earnings. Nasdaq tumbled 44 points to 5,163.

On the upside

Shares of Blue Buffalo Pet Products (Nasdaq: BUFF) surged in its market debut.

LifeLock (NYSE: LOCK) denied that it violated a settlement agreement with the Federal Trade Commission.
 
ROTH Capital initiated coverage of Lipocine (Nasdaq: LPCN) with a Buy rating.
 
On the downside

Shares of Cliffs Natural Resources (Nasdaq: CLF) fell over concerns that an iron ore supply  glut will continue to depress prices.

Angie's List (Nasdaq: ANGI) reported a loss for the second quarter as revenue missed expectations.

Second quarter earnings rose for B/E Aerospace (Nasdaq: BEAV) but the results fell short of estimates.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 lost 7 points to 2111. Bitcoin held steady at $275.
The markets opened lower with the Dow slipping 17 points to 17,901 as crude oil prices fell. Nasdaq fell 29 points to 5,178.

On the upside

St. Jude Medical (NYSE: STJ) offered a premium of approximately $3.4 billion in cash to acquire Thoratec (Nasdaq: THOR).

Solar3D (Nasdaq: SLTD) expects to report record revenue for the second quarter.
 
Check Point Software Technologies (Nasdaq: CHKP) reported higher second quarter earnings and revenue.
 
On the downside

XOMA (Nasdaq: XOMA) reported disappointing results from a Phase 3 EYE-GUARD-B study of the Behcet's disease uveitis treatment gevokizumab.

Apple (Nasdaq: AAPL) reported higher third quarter earnings and revenue that surpassed estimates but the company forecast current quarter revenue that missed analyst expectations prompting a downgrade.

Second quarter earnings rose for Illumina (Nasdaq: ILMN) but revenue fell short of expectations.

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 slipped a point to 2117. Bitcoin lost $1 to $274.
Weak earnings weighed the markets down to sharply lower close with the Dow plunging 181 points to 17,919. Nasdaq lost 10 points to 5,208.

On the upside

Bloomberg reported that St. Jude Medical (NYSE: STJ) was interested in buying Thoratec (Nasdaq: THOR).

SunCoke Energy (NYSE: SXC) reported sharply higher second quarter earnings and increased its quarterly cash distribution.
 
Fourth quarter earnings and revenue rose for Neogen (Nasdaq: NEOG).
 
On the downside

The Federal Trade Commission said that LifeLock (NYSE: LOCK) violated terms of a 2010 settlement.

Chesapeake Energy (NYSE: CHK) suspended its dividend payments.

Badger Meter (NYSE: BMI) reported lower second quarter earnings that fell short of expectations prompting a downgrade.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 fell 9 points to 2119. Bitcoin added $1 to $276.
The markets extended its losses during the midday with the Dow sinking 213 points to 17,887 on weak corporate earnings. Nasdaq lost 14 points to 5,204.

On the upside

Bargain hunters lifted shares of Breitburn Energy Partners (Nasdaq: BBEP).

Natural Resource Partners (NYSE: NRP) declared a quarterly dividend of 9 cents per unit payable on August 14, 2015 to shareholders of record August 5, 2015.
 
Cleveland BioLabs (Nasdaq: CBLI) will report second quarter earnings on August 3.
 
On the downside

Helix Energy Solutions (NYSE: HLX) fell to a loss for the second quarter as revenue plunged.

Allegheny Technologies (NYSE: ATI) widened second quarter losses more than expected as revenue fell.

Woodward (Nasdaq: WWD) disappointed with lower third quarter earnings and revenue that missed expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 dropped 10 points to 2117. Bitcoin added $2 to $277.
Disappointing earnings sent the markets tumbling to a sharply lower open with the Dow plummeting 157 points to 17,942. Nasdaq slipped 5 points to 5,213.

On the upside

First quarter earnings slipped for Infosys (NYSE: INFY) but revenue rose and the company lifted its full year guidance.

Caesars Entertainment (Nasdaq: CZR) restructured its agreement with second-lien note holders.
 
Sanmina (Nasdaq: SANM) reported higher third quarter earnings and topped analyst estimates prompting and upgrade.
 
On the downside

CytRx (Nasdaq: CYTR) priced its public offering of 9.1 million common shares at the discounted price of $2.75 per share.

Lexmark International (NYSE: LXK) fell to a loss for the second quarter on lower revenue and forecast current quarter earnings below estimates.

Albertsons terminated its contract with United Natural Foods (Nasdaq: UNFI) effective September 20, 2015 prompting a downgrade.

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while decliners outpaced advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 3 points to 2124. Bitcoin added $2 to $277.
The markets ended flat with the Dow adding 13 points to 18,100 as investors monitored earnings. Nasdaq rose 8 points to 5,218.

On the upside

Shares of Frontline (NYSE: FRO) continued rising.

PayPal (Nasdaq: PYPL) stock soared on its first day of trading after being spun off from eBay (Nasdaq: EBAY).
 
BTIG analysts lifted their price target on Facebook (Nasdaq: FB) from $80 to $117.
 
On the downside

Reuters reported that it would be unlikely for Tsinghua Unigroup to acquire Micron Technology (Nasdaq: MU).

Retreating crude oil prices weighed down shares of Goodrich Petroleum (NYSE: GDP).

Investors locked in profits on Affimed (Nasdaq: AFMD).

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 added a point to 2128. Bitcoin held steady at $275.
The markets advanced during the midday with the Dow rising 29 points to 18,116 as Greek banks reopened. Nasdaq gained 13 points to 5,223.

On the upside

Lennox International (NYSE: LII) reported higher second quarter earnings that topped analyst estimates as revenue rose.

VAALCO Energy's (NYSE: EGY) Southeast Etame 2-H well was brought online at a rate of approximately 3,400 barrels of oil per day.
 
The acquisition of SolarCity (Nasdaq: SCTY) competitor Vivint Solar (NYSE: VSLR) sparked speculation that SolarCity would be a takeover target.
 
On the downside

Investors locked in profits on Voltari (Nasdaq: VLTC).

Retreating gold prices weighed down shares of Barrick Gold (NYSE: ABX) and Newmont Mining (NYSE: NEM).

Shares of Peabody (NYSE: BTU) continued falling.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2130. Bitcoin added $3 to $275. 
The markets opened lower with the Dow losing 10 points to 18,075 as crude oil prices slipped. Nasdaq held steady at 5,210.

On the upside

Exelixis (Nasdaq: EXEL) reported positive results from a Phase 3 study of cabozantinib to treat patients with metatastic renal cell carcinoma.

SunEdison (Nasdaq: SUNE) will pay a premium of approximately $2.2 billion to acquire Vivint Solar (NYSE: VSLR).
 
Shares of Genetic Technologies (Nasdaq: GENE) extended its gains.
 
On the downside

New Jersey's Division of Purchase and Property, Procurement Bureau will award a Third Party Liability Services contract to a competitor of HMS Holdings (Nasdaq: HMSY).

Fourth quarter earnings and revenue rose for Cal-Maine Foods (Nasdaq: CALM) but the results fell short of analyst expectations.

Profit taking weighed down shares of Etsy (Nasdaq: ETSY).

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 slipped 2 points to 2124. Bitcoin added $3 to $275.
It was a mixed close for the markets with the Dow losing 33 points to 18,086 as consumer prices rose while crude oil prices retreated. Nasdaq soared 46 points to 5,210.

On the upside

Shares of Voltari (Nasdaq: VLTC) continued soaring.

Axovant Sciences (NYSE: AXON) stock surged ahead of the Alzheimer's Association International Conference this weekend.
 
TheStreet listed Calithera Biosciences (Nasdaq: CALA) as one of five health care stocks poised to breakout.
 
On the downside

Shares of Ooma (NYSE: OOMA) tumbled on its first trading day.

Retreating crude oil prices weighed down shares of Goodrich Petroleum (NYSE: GDP).

WPX Energy (NYSE: WPX) priced its secondary offering of 30 million common shares at the discounted price of $10.10 per share.

In the broad market, declining issues outpaced advancers 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 added 2 points to 2126. Bitcoin edged up to $277.
The markets traded mixed during the midday with the Dow falling 69 points to 18,050 as crude oil prices retreated. Nasdaq climbed 27 points to 5,190.

On the upside

Shares of Rapid7 (Nasdaq: RPD) surged on its first trading day.

Google (Nasdaq: GOOG) said that Etsy (Nasdaq: ETSY) has experienced an increase in traffic due to deep linking.
 
Allscripts Healthcare Solutions (Nasdaq: MDRX) reported preliminary second quarter results above analyst expectations.
 
On the downside

MSB Financial (Nasdaq: MSBF) completed its stock offering.

Shares of Jupai Holdings (NYSE: JP) fell after its initial public offering yesterday.

RedHill Biopharma (Nasdaq: RDHL) priced its public offering of 2.462 million American Depositary Shares at the discounted price of $16.25 per ADS.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 2 points to 2121. Bitcoin slipped $1 to $276.
The markets opened mixed with the Dow dropping 81 points to 18,038 as consumer prices rose in June. Nasdaq gained 25 points to 5,188.

On the upside

Hertz Global (NYSE: HTZ) completed the financial restatements for 2012 and 2013 and select unaudited restated financial information for 2011.

Google (Nasdaq: GOOG) reported higher second quarter earnings and revenue that topped analyst estimates.
 
InterCloud Systems (Nasdaq: ICLD) received over $2.3 million in next generation WiFi and DAS networks contracts.
 
On the downside

SolarWinds (NYSE: SWI) reported higher second quarter earnings but revenue fell short of expectations prompting a downgrade.

Trovagene (Nasdaq: TROV) priced its public offering of 4 million common shares at the discounted price of $8.75 per share.

Retreating crude oil prices weighed down shares of Vaalco Energy (NYSE: EGY).

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 lost 3 points to 2120. Bitcoin slipped $1 to $276.
The markets closed higher with the Dow gaining 70 points to 18,120 after the European Central Bank agreed to release funds to Greece. Nasdaq surged 64 points to 5,163.

On the upside

TECO Energy (NYSE: TE) confirmed that it was exploring strategic options including a potential sale of the company.

Amira Nature Foods (NYSE: ANFI) reported higher fourth quarter earnings and revenue that topped analyst estimates.
 
Campus Crest Communities (NYSE: CCG) reversed year ago losses to post a profit for the second quarter as revenue climbed.
 
On the downside

Travelzoo (Nasdaq: TZOO) disappointed with lower second quarter earnings and revenue.

Penn Virginia (NYSE: PVA) will sell its East Texas assets.

Atlas Resource Partners (NYSE: ARP) will release second quarter results after market close on Thursday, August 6, 2015.

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 climbed 16 points to 2124. Bitcoin slipped $2 to $276.
The markets advanced during the midday with the Dow gaining 38 points to 18,088 after the European Central Bank unfroze funds for Greece. Nasdaq soared 50 points to 5,149.

On the upside

Shares of ProNAi Therapeutics (Nasdaq: DNAI) surged in its market debut.

Activist investor Carl Icahn affirmed his long position in Voltari (Nasdaq: VLTC).
 
Ollie's Bargain Outlet (Nasdaq: OLLI) stock soared on its first trading day.
 
On the downside

Quantum (NYSE: QTM) cut its first quarter revenue guidance.

Fairchild Semiconductor (Nasdaq: FCS) fell to an unexpected loss for the second quarter as revenue slipped.

Swift Energy (NYSE: SFY) blamed poor market conditions for withdrawing its $640 million loan offering.

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 gained 13 points to 2120. Bitcoin dropped $14 to $273. 
The markets opened higher with the Dow rising 34 points to 18,085 after the Greek Parliament approved a new bailout plan. Nasdaq climbed 41 points to 5,140.

On the upside

Amyris (Nasdaq: AMRS) entered a multi-year, multi-million dollar collaboration agreement with a global food ingredients supplier.

Second quarter earnings fell for Netflix (Nasdaq: NFLX) but subscriber growth far exceeded expectations.
 
Shares of Chiasma (Nasdaq: CHMA) surged on its first trading day.
 
On the downside

Sherwin-Williams (NYSE: SHW) reported higher second quarter earnings and revenue but the results missed expectations and the company forecast current quarter results below estimates.

Garmin (Nasdaq: GRMN) warned that second quarter and full year earnings would fall short of analyst expectations.

A judge ruled that five Rovi (Nasdaq: ROVI) patents were invalid.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 climbed 12 points to 2119. Bitcoin fell $12 to $276.
Violent protests in Greece weighed the markets down to a lower close with the Dow easing 3 points to 18,050. Nasdaq slipped 5 points to 5,098.

On the upside

Shares of Ohr Pharmaceutical (Nasdaq: OHRP) soared again.

BG Medicine (Nasdaq: BGMD) paid off its secured term loan facility.
 
JP Morgan upgraded PTC Therapeutics (Nasdaq: PTCT) from a Neutral rating to an Overweight rating.
 
On the downside

Retreating crude oil prices weighed down shares of Magnum Hunter Resources (NYSE: MHR).

Imperial Capital downgraded Penn Virginia (NYSE: PVA) from an Outperform rating to an In-Line rating.

Marten Transport (Nasdaq: MRTN) reported higher second quarter earnings but the results fell short of analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 slipped a point to 2107. Bitcoin held steady at $287.
The markets traded higher during the midday with the Dow rising 22 points to 18,076 even as factory output remained flat for the second month. Nasdaq added 7 points to 5,112.

On the upside

Bank of America (NYSE: BAC) reported sharply higher second quarter earnings that beat expectations.

Celegene (Nasdaq: CELG) offered a premium of approximately $7.2 billion in cash to buy Receptos (Nasdaq: RCPT).
 
Maxim Group initiated coverage of Celsion (Nasdaq: CLSN) with a Buy rating and a $12 price target.
 
On the downside

Second quarter earnings climbed for Delta Air Lines (NYSE: DAL) to top estimates but the company forecast lower unit revenue for the current quarter.

Alegheny Technologies (NYSE: ATI) warned that it would report a loss for the second quarter.

OTR Global analyst Michael Foster said that Pandora Media (NYSE: P) experienced tepid buyer enthusiasm for a new programmatic buying platform.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 5 on the NYSE and by 3 to 2 on Nasdaq. The broader S&P 500 added 2 points to 2111. Bitcoin added a point to $288.
A nuclear deal with Iran boosted the markets to a higher close with the Dow climbing 75 points to 18,053. Nasdaq gained 33 points to 5,104.

On the upside

Zogenix (Nasdaq: ZGNX) will delay the start of Phase 3 clinical trials of its epilepsy drug ZX008 by three months in order to enroll more patients.

Bargain hunters lifted shares of SeaSpine Holdings (Nasdaq: SPNE).
 
Epirus Biopharmaceuticals (Nasdaq: EPRS) entered a multi-product, multi-region, profit-sharing collaboration with Polpharma Group.
 
On the downside

Hynes Keller & Hernandez launched an investigation into InterCloud Systems (NYSE: ICLD) for a potential breach of fiduciary responsibilities.

Shares of FormFactor (Nasdaq: FORM) fell on rumors that client Micron Technology (Nasdaq: MU) may be sold.

Primero Mining (NYSE: PPP) warned that silver sales were delayed at its Primero Empresa Minera subsidiary.

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 gained 9 points to 2108. Bitcoin eased a point to $285.
The markets advanced during the midday with the Dow rising 58 points to 18,036 as investors digested details of the Iran nuclear deal. Nasdaq gained 31 points to 5,103.

On the upside

Shares of Vapor (Nasdaq: VPCO) continued climbing after completing a one-for-five reverse stock split last week.

Relational Investors will continue to sell its holdings in Magnum Hunter Resources (NYSE: MHR) but the stock price climbed.
 
Bargain hunters lifted shares of The Chemours Company (NYSE: CC).
 
On the downside

Vince Holding (NYSE: VNCE) chief executive Jill Granoff resigned.

Ambassadors Group (Nasdaq: EPAX) will cease operations by the end of 2015.

Navient (Nasdaq: NAVI) reported preliminary second quarter results that missed analyst estimates and warned that full year earnings would fall short of previous guidance.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5  to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 6 points to 2106. Bitcoin edged up a fraction to $289.

Mixed open on Iran deal

|
The markets opened mixed with the Dow slipping a point to 17,976 while Nasdaq rose 11 points to 5,082 as Iran reached a nuclear deal.

On the upside

Tsinghua Unigroup is preparing to make a bid for Micron Technology (Nasdaq: MU).

Biocept (Nasdaq: BIOC) launched its proprietary, quantitative assay targeting BRAF mutations.
 
Transgenomic (Nasdaq: TBIO) launched its Transgenomic Leukodystrophy NGS Panel.
 
On the downside

Tonix Pharmaceuticals (Nasdaq: TNXP) priced its public offering of 2.325 million at the discounted price of $7.50 per share.

Spirit Airlines (Nasdaq: SAVE) cut its full year guidance.

Profit taking weighed down shares of Ohr Pharmaceutical (Nasdaq: OHRP).

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE while advancers edged out decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 edged up a point to 2100. Bitcoin slipped $1 to $287.

Markets rocket on Greek deal

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Enthusiasm for a Greek debt deal boosted the markets to a sharply higher close with the Dow rocketing 217 points to 17,977. Nasdaq leaped 73 points to 5,071.

On the upside

Applied Optoelectronics (Nasdaq: AAOI) reported preliminary second quarter results ahead of previous guidance.

Bloomberg reported that Vale (NYSE: VALE) cut its iron ore production.
 
Pivotal Research Group analyst Brian Wieser trimmed his price target on Facebook (Nasdaq: FB) to $105 from $107 but the stock price climbed.
 
On the downside

Investors locked in profits on XOMA (Nasdaq: XOMA).

Plexus (Nasdaq: PLXS) warned that third quarter earnings and revenue would miss previous guidance.

Retreating gold prices weighed down shares of Kinross Gold (NYSE: KGC).

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by more than 5 to 7 on Nasdaq. The broader S&P 500 soared 22 points to 2099. Bitcoin tumbled $20 to $285.

Investors welcome Greek deal

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Investors welcomed news of a Greek debt deal by sending the markets soaring with the Dow leaping 181 points to 17,941. Nasdaq jumped 65 points to 5,063.

On the upside

Anacor Pharmaceuticals (Nasdaq: ANAC) reported positive results from two Phase 3 studies of its atopic dermatitis treatment crisaborole.

GOL Linhas Aereas Inteligentes (NYSE: GOL) entered a strategic alliance with the company's controlling shareholder, the Constantino Family, and Delta Air Lines (NYSE: DAL).
 
Deutsche Bank and SunTrust Robinson Humphrey both initiated coverage of Fitbit (NYSE: FIT) with Buy ratings and $50 price target.
 
On the downside

Shares of Swift Energy (NYSE: SFY) extended its losses.

Shares of Linn Co (Nasdaq: LNCO) continued falling.

Chesapeake Energy (NYSE: CHK) stock dropped again.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 soared 18 points to 2095. Bitcoin dropped $17 to $288.
The finalization of a Greek debt deal lifted the markets to a sharply higher open with the Dow soaring 164 points to 17,925. Nasdaq surged 52 points to 5,049.

On the upside

Ohr Pharmaceutical (Nasdaq: OHRP) reported positive results from a Phase II clinical trial of its retinal vein occlusion treatment OHR-102.

MPLX (NYSE: MPLX) will acquire MarkWest Energy Partners (NYSE: MWE) in a deal valued at approximately $20 billion including the assumption of debt.
 
Remy International (Nasdaq: REMY) will be acquired by BorgWarner (NYSE: BWA) for a premium of approximately $1.2 billion.
 
On the downside

Ascena Retail Group (Nasdaq: ASNA) cut its full year guidance.

Retreating gold prices weighed down shares of IAMGOLD (NYSE: IAG).

Shares of Orchid Island Capital (NYSE: ORC) continued falling.

In the broad market, advancing issues outpaced decliners by a margin of 7 to 2 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 soared 18 points to 2095. Bitcoin tumbled $23 to $282.
Hope for a Greek deal to be finalized this weekend sent the markets soaring to a sharply higher close with the Dow rocketing 211 points to 17,760. Nasdaq leaped 75 points to 4,997.

On the upside

SolarEdge Technologies (Nasdaq: SEDG) announced yesterday that it formed a strategic supply relationship with Sunrun.

Micron Technology (Nasdaq: MU) hired Trevor Schulze to be the company's first chief information officer.
 
Bloomberg reported that a numerous companies have offered to buy Nokia's (NYSE: NOK) HERE digital mapping business.
 
On the downside

A judge ruled that Chesapeake Energy (NYSE: CHK) must pay bond holders $379.7 million.

Investors locked in profits on Seventy Seven Energy (NYSE: SSE).

Profit taking continued to weigh down shares of InVivo Therapeutics (Nasdaq: NVIV).

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by 7 to 2 on Nasdaq. The broader S&P 500 soared 25 points to 2076. Bitcoin gained $11 to $281.
The markets extended its gains during the midday with the Dow leaping 209 points to 17,757 as investors cheered Greece's reform proposal and China's stock market rebound. Nasdaq jumped 70 points to 4,992.

On the upside

Raymond James analyst Travis McCourt lifted his third quarter iPhone (Nasdaq: AAPL) sales estimate from 46 million to 50 million units.

The New York Times reported that Facebook (Nasdaq: FB) engaged in preliminary talks to license music videos from major record labels.
 
American Airlines (NYSE: AAL) lowered its capacity growth forecast for 2015.
 
On the downside

Orchid Island Capital (NYSE: ORC) lowered its monthly cash dividend from 18 cents to 14 cents per share payable on July 31, 2015 to shareholders of record July 27, 2015.

First quarter earnings for Helen of Troy (Nasdaq: HELE) fell short of analyst expectations.

Shares of Sprint (NYSE: S) continued falling after MoffettNathanson analyst Craig Moffett said yesterday that the company would soon be in severe financial distress.

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 soared 25 points to 2076. Bitcoin climbed $14 to $284. 
The markets opened sharply higher with the Dow soaring 160 points to 17,709 as Chinese markets climbed for a second day. Nasdaq surged 51 points to 4,974.

On the upside

Shares of National Bank of Greece (NYSE: NBG) rose after Greece submitted a reform plan to Euro zone officials.

Kingtone Wirelessinfo Solution (Nasdaq: KONE) swung to a profit for the first six months of fiscal 2015 as revenue more than doubled.
 
TrueCar (Nasdaq: TRUE) will end its partnership with AutoNation effective July 31, 2015.
 
On the downside

Barracuda Networks (NYSE: CUDA) fell to a loss for the first quarter and forecast current quarter revenue that fell short of analyst expectations.

Zillow (Nasdaq: Z) chief financial officer Chad Cohen resigned effective August 7, 2015.

PTC (Nasdaq: PTC) warned that third quarter revenue would miss expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 6 to 1 on the NYSE and by 7 to 1 on Nasdaq. The broader S&P 500 climbed 19 points to 2071. Bitcoin soared $16 to $286.
The markets retreated from earlier highs but still closed modestly high with the Dow rising 33 points to 17,548 as investors welcomed a rally in the Chinese markets and a potential Greek reform plan. Nasdaq gained 12 points to 4,992.

On the upside

The Food and Drug Administration rescinded its previous requirement that IntelliPharmaCeutics International (Nasdaq: IPCI) meet additional guidelines before approval of the company's generic version of Focalin XR(R).

A rebound in the Chinese stock market lifted shares of China Ming Yang Wind Power (NYSE: MY).
 
Shares of Enzon Pharmaceuticals (Nasdaq: ENZN) extended its gains.
 
On the downside

Shares of TrueCar (Nasdaq: TRUE) continued falling.

Investors locked in profits on SciClone Pharmaceuticals (Nasdaq: SCLN).

Super Micro Computer (Nasdaq: SMCI) expanded its support for Intel SSD Data Center Family but the stock price dropped.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 added 4 points to 2051. Bitcoin added $3 to $268.
Optimism that Greece will present a reform plan to European officials lifted the markets during the midday with the Dow soaring 114 points to 17,630. Nasdaq climbed 42 points to 4,951.

On the upside

Noah Holdings (NYSE: NOAH) announced yesterday that it would repurchase up to $50 million worth of American Depositary Shares.

Alcoa (NYSE: AA) reported higher second quarter earnings and revenue.
 
Clean Energy Fuels (Nasdaq: CLNE) completed 14 station construction projects in the first half of 2015 and expects to complete another 22 by the end of the year.
 
On the downside

Aquinox Pharmaceuticals (Nasdaq: AQXP) reported disappointing results from a Phase 2 FLAGSHIP clinical trial with AQX-1125 in patients with chronic obstructive pulmonary disease.

QLogic's (Nasdaq: QLGC) earnings warning weighed down shares of Brocade Communications Systems (Nasdaq: BRCD).

Shares of Marketo (Nasdaq: MKTO) extended its losses.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 gained 13 points to 2059. Bitcoin added $3 to $268.
A rebound in the Chinese markets lifted domestic markets to a sharply higher open with the Dow leaping 203 points to 17,718. Nasdaq jumped 63 points to 4,973.

On the upside

TechCrunch reported that AOL offered a premium of approximately $300 million to acquire Millennial Media (NYSE: MM).

Shares of 500.com (NYSE: WBAI) soared as the Chinese markets rebounded.
 
Bargain hunters lifted shares of AirMedia Group (Nasdaq: AMCN).
 
On the downside

QLogic (Nasdaq: QLGC) warned that first quarter earnings and revenue would fall short of previous guidance.

Coty (NYSE: COTY) will acquire Procter & Gamble's (NYSE: PG) beauty business for approximately $12.5 billion.

Anthera Pharmaceuticals (Nasdaq: ANTH) priced its public offering of more than 3.33 million common shares at the discounted price of $7.50 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 1 on the NYSE and by nearly 9 to 1 on Nasdaq. The broader S&P 500 soared 24 points to 2070. Bitcoin rose $5 to $269.
A technical problem halted trading on the New York Stock Exchange for more than three hours today. The glitch along with the Chinese market crash sent the markets tumbling to a sharply lower close with the Dow crumbling 261 points to 17,515. Nasdaq collapsed 87 points to 4,909.

On the upside

Bargain hunters lifted shares of Harvest Natural Resources (NYSE: HNR).

Shares of Etsy (Nasdaq: ETSY) climbed on bargain hunting.
 
On the downside

Gevo (Nasdaq: GEVO) stock extended its losses.

Perficient (Nasdaq: PRFT) warned that second quarter revenue would fall short of previous guidance and cut its full year revenue forecast.

Bloomberg reported that Swift Energy (NYSE: SFY) was experiencing difficulty in selling a $640 million loan.

Shares of DuPont (NYSE: DD) spinoff Chemours Company (NYSE: CC) extended its losses.
 
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 1 on the NYSE and by more than 5 to 1 on Nasdaq. The broader S&P 500 plummeted 34 points to 2046. Bitcoin added $2 to $267.

Trading on NYSE suspended

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Trading on the New York Stock Exchange has been suspended due to a technical problem. Stocks on other exchanges continue to be traded. The markets extended its losses during the midday with the Dow collapsing 209 points to 17,567 over concerns about China and Greece. Nasdaq plummeted 74 points to 4,922.

On the upside

Bargain hunters lifted shares of Raptor Pharmaceuticals (Nasdaq: RPTP).

Investors snapped up shares of Qunar Cayman Islands (Nasdaq: QUNR).
 
On the downside

Shares of Ballard Power Systems (Nasdaq: BLDP) continued falling after closing its U.S. offering yesterday.

JPMorgan downgraded Enphase Energy (Nasdaq: ENPH) from an Overweight rating to a Neutral rating and cut its price target from $16 to $10.

RBC Capital Markets downgraded Harley-Davidson (NYSE: HOG) from an Outperform rating to a Sector Perform rating and slashed its price target from $66 to $59.

Pacific Crest downgraded Tesla Motors (Nasdaq: TSLA) from an Overweight rating to a Sector Weight rating.
 
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 27 points to 2053. Bitcoin added $3 to $268. 
The crash of the Chinese markets sent domestic markets tumbling to a sharply lower open with the Dow plummeting 184 points to 17,592. Nasdaq plunged 62 points to 4,934.

On the upside

Oculus Innovative Sciences (Nasdaq: OCLS) received a new U. S. patent for the use of Microcyn(R) Technology hypochlorous acid in the treatment and mitigation of atopic dermatitis.

The Container Store (NYSE: TCS) reported a smaller than expected loss for the first quarter.
 
On the downside

Investors locked in profits on Prima Biomed (Nasdaq: PBMD).

Shares of Alcoa (NYSE: AA) fell ahead of its earnings release.

Alibaba (NYSE: BABA) will invest over $100 million in luxury flash sales platform Mei.com.

Shares of SouFun Holdings (NYSE: SFUN) continued falling.
 
In the broad market, declining issues outpaced advancers by a margin of more than 6 to 1 on the NYSE and by more than 5 to 1 on Nasdaq. The broader S&P 500 tumbled 21 points to 2060. Bitcoin rose $5 to $270
Greek officials resumed discussions with Euro zone leaders to craft a bailout package. The markets closed higher with the Dow climbing 93 points to 17,776. Nasdaq rose 5 points to 4,997.

On the upside

Legacy Reserves (Nasdaq: LGCY) entered agreements with funds managed by TPG Specialty Situations Partners to jointly develop Legacy's Permian Basin acreage.

Bargain hunters snapped up shares of Bill Barrett (NYSE: BBG).
 
Clean Energy Fuels (Nasdaq: CLNE) will report second quarter earnings on Wednesday, August 5, 2015.

On the downside

Shares of Baozun (Nasdaq: BZUN) and e-Commerce China Dangdang (NYSE: DANG) extended their losses as the sell-off of Chinese stocks continued.

Vimicro International (Nasdaq: VIMC) announced yesterday that it hired Duff & Phelps and Kirkland & Ellis to evaluate an offer to take the company private.

BMO Capital Markets downgraded JAKKS Pacific (Nasdaq: JAKK) from an Outperform rating to a Market Perform rating.
 
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 7 to 5 on Nasdaq. The broader S&P 500 gained 12 points to 2081. Bitcoin lost $7 to $264.
The markets traded lower during the midday with the Dow slipping 11 points to 17,671 as the nation's trade deficit widened. Nasdaq lost 22 points to 4,969.

On the upside

Professional Diversity Network (Nasdaq: IPDN) reported more than 500,000 new registered users in June.

Chardan Capital Markets upgraded Himax Technologies (Nasdaq: HIMX) from a Sell rating to a Buy rating.
 
TeleCommunication Systems (Nasdaq: TSYS) formed a Special Committee to explore strategic options to enhance shareholder value.

On the downside

Profit taking continued to sink shares of 500.com (NYSE: WBAI).

Shares of iDreamSky Technology (Nasdaq: DSKY) extended its losses.

Investors continued to lock in profits on NQ Mobile (NYSE: NQ).
 
In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 held steady at 2068. Bitcoin lost $7 to $264. 
The nation's trade deficit widened in May to send the markets down to a lower open with the Dow tumbling 89 points to 17,594. Nasdaq dropped 40 points to 4,951.

On the upside

The European Medicines Agency granted positive Scientific Advice to Prima BioMed (Nasdaq: PBMD) for the breast cancer treatment IMP321.

Horizon Pharma (Nasdaq: HZNP) offered to acquire DepoMed (Nasdaq: DEPO) in an all stock deal valued at approximately $3 billion including the assumption of debt.
 
Plug Power (Nasdaq: PLUG) expects to report record revenue for the second quarter and affirmed its full year revenue forecast.

On the downside

Advanced Micro Devices (Nasdaq: AMD) warned that second quarter revenue would fall short of previous guidance.

Shares of SouFun Holdings (NYSE: SFUN) extended its losses.

7-Eleven will not renew its ATM placement contract with Cardtronics (Nasdaq: CATM).
 
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 lost 4 points to 2064. Bitcoin fell $9 to $262.
Greece's rejection of a bailout package weighed the markets down to a lower close with the Dow losing 46 points to 17,683. Nasdaq fell 17 points to 4,991.

On the upside

The Food and Drug Administration removed a partial clinical hold on Versartis' (Nasdaq: VSAR) new drug application for VRS-317.

Shares of ConforMIS (Nasdaq: CFMS) continued rising.
 
Aetna approved the use of PDI (Nasdaq: PDII) subsidiary Interpace Diagnostics' ThyGenX for assessing fine needle aspiration samples.

On the downside

SouFun Holdings (NYSE: SFUN) shareholders adopted its 2015 Stock Incentive Plan.

Allot Communications (Nasdaq: ALLT) warned that second quarter revenue would fall short of expectations.

HSBC analyst Andy Hargreaves affirmed his Buy rating on Weibo (Nasdaq: WB).
 
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 fell 8 points to 2068. Bitcoin added $2 to $270.
Greece rejected a bailout offer to send the markets down to a lower open with the Dow falling 65 points to 17,664. Nasdaq lost 13 points to 4,995.

On the upside

The New York Post reported that Weight Watchers (NYSE: WTW) may be acquired by a hedge fund.

Enzon Pharmaceuticals (Nasdaq: ENZN) declared a special cash dividend of 50 cents per common share payable on August 12, 2015 to shareholders of record July 21, 2015.
 
Aetna (NYSE: AET) will acquire Humana (NYSE: HUM) in a cash and stock deal valued at approximately $37 billion including the assumption of debt.

On the downside

Horsehead Holdings (Nasdaq: ZINC) reported that June production slowed at its Mooresboro, North Carolina zinc production facility.

AirMedia Group (Nasdaq: AMCN) hired Duff & Phelps Securities and Kirkland & Ellis to advise the company on an offer to take the company private.

Shares of National Bank of Greece (NYSE: NBG) fell after Greece overwhelming voted against a proposed bailout package and Finance Minister Yanis Varoufakis resigned.
 
In the broad market, declining issues outpaced advancers by a margin of 3 to 1 on the NYSE and by 5 to 2 on Nasdaq. The broader S&P 500 lost 6 points to 2070. Bitcoin added $4 to $273.

U. S. markets closed

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U. S. markets are closed in observance of Independence Day.
Disappointing economic data weighed down the markets to a lower close with the Dow losing 27 points to 17,730. Nasdaq slipped 3 points to 5,009.

On the upside

Energizer Holdings (NYSE: ENR) announced a new quarterly dividend beginning with a distribution of 25 cents per share payable on September 9, 2015 to shareholders of record August 19, 2015. The company also approved a plan to repurchase up to 7.5 million shares of common stock.

The U.S. Court of Appeals ruled against The Medicines Co. (Nasdaq: MDCO) in its patent suit against Hospira (NYSE: HSP) but the stock price climbed.
 
An appeals court reversed part of a patent infringement judgment against ION Geophysical (NYSE: IO).

On the downside

Wells Fargo downgraded Triple-S Management (NYSE: GTS) from a Market Perform rating to an Underperform rating.

Barclays slashed its price target on Baxter International (NYSE: BAX) from $80 to $43 while Bank of America Merrill Lynch downgraded the company from a Buy rating to a Neutral rating.

Shares of Zogenix (Nasdaq: ZGNX) fell after completing its reverse stock split yesterday.
 
In the broad market, advancing issues edged out decliners by a slim margin on the NYSE while decliners outpaced advancers by more than 5 to 3 on Nasdaq. The broader S&P 500 eased a fraction to 2076. Bitcoin held steady at $254.
The markets turned negative during the midday with the Dow dropping 51 points to 17,706 as May factory orders fell 1% and fewer jobs than expected were created in June. Nasdaq lost 19 points to 4,993.

On the upside

Shares of Natera (Nasdaq: NTRA) surged on its first trading day.

Aeropostale (NYSE: ARO) announced new licensing agreements in India and Indonesia.
 
Columbia Pipeline Group (NYSE: CPGX) announced a quarterly dividend of 12.5 cents per share payable on August 20, 2015 to shareholders of record July 31, 2015.

On the downside

Investors locked in profits on WPCS International (Nasdaq: WPCS).

Bloomberg reported that Yelp (NYSE: YELP) has temporarily suspended its efforts to sell the company.

Profit taking continued to weigh down shares of RCS Capital (NYSE: RCAP).
 
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 lost 5 points to 2072. Bitcoin slipped $2 to $255.
The nation's unemployment rate slipped to 5.3% to lift the markets to a higher open with the Dow rising 38 points to 17,796. Nasdaq held steady at 5,013.

On the upside

Ebay's (Nasdaq: EBAY) PayPal will acquire Xoom (Nasdaq: XOOM) for a premium of approximately $890 million in cash.

Applied Genetic Technologies (Nasdaq: AGTC) entered a collaboration agreement with Biogen (Nasdaq: BIIB) to develop gene-based therapies for multiple ophthalmic diseases.
 
Health Net (NYSE: HNT) will be acquired by Centene (NYSE: CNC) in a cash and stock deal valued at approximately $6.3 billion.

On the downside

Peabody Energy (NYSE: BTU) chief financial officer Michael Crews will depart the company at the end of July and will be replaced by Amy Schwetz.

Cliffs Natural Resources (NYSE: CLF) will release second quarter financial results before market open on Wednesday, July 29.

Shares of Comstock Resources (NYSE: CRK) extended its losses.
 
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 rose 4 points to 2081. Bitcoin lost $4 to $254.
Renewed hope for a Greek deal boosted the markets to a sharply higher close with the Dow soaring 138 points to 17,757. Nasdaq climbed 26 points to 5,013.

On the upside

Shares of SciClone Pharmaceuticals (Nasdaq: SCLN) extended its gains.

Bank of America Merrill Lynch upgraded Schnitzer Steel Industries (Nasdaq: SCHN) from an Underperform rating to a Buy rating.
 
Blue Ridge Capital acquired an 8.32% stake in Fitbit (Nasdaq: FIT).

On the downside

Real Goods Solar (Nasdaq: RGSE) completed its $5 million public offering.

Teva Pharmaceuticals (NYSE: TEVA) and Xenon Pharmaceuticals (Nasdaq: XENE) reported disappointing results from a Phase 2b study of their chronic osteoarthritis pain treatment TV-45070.

TriMas (Nasdaq: TRS) closed an amendment to existing credit facilities.
 
In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 climbed 14 points to 2077. Bitcoin slipped $3 to $259.
Despite offering new concessions to its creditors, Greek Prime Minister Alexis Tsipras told Greeks to vote against the agreement. The markets retreated from early morning highs but continued to trade in positive territory with the Dow climbing 72 points to 17,691. Nasdaq gained 10 points to 4,997.

On the upside

Shares of Teladoc (NYSE: TDOC) surged on its first trading day.

ConforMIS (Nasdaq: CFMS) stock soared in its market debut.
 
WPCS International (Nasdaq: WPCS) announced that it signed $3.6 million worth of new contracts.

On the downside

Comstock Resources (NYSE: CRK) will sell its oil and gas properties in and around Burleson County, Texas for approximately $115 million.

Investors locked in profits on RCS Capital (NYSE: RCAP).

Profit taking weighed down shares of Advaxis (Nasdaq: ADXS).
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 gained 6 points to 2069. Bitcoin fell $5 to $257.
The markets opened sharply higher with the Dow soaring 130 points to 17,749 as Greece offered new concessions to its creditors. Nasdaq climbed 39 points to 5,026.

On the upside

Ace (NYSE: ACE) will acquire Chubb (NYSE: CB) in a cash and stock deal valued at approximately $28.3 billion.

TetraLogic (Nasdaq: TLOG) reported encouraging preliminary data from an ongoing Phase 2A study of birinapant to treat higher risk myelodysplastic syndromes.
 
Rock Creek Pharmaceuticals (Nasdaq: RCPI) reported positive results from a human proof of principle study with anatabine citrate.

On the downside

Peabody Energy (NYSE: BTU) warned that second quarter results would fall short of previous guidance.

Ballard Power Systems (Nasdaq: BLDP) priced its offering of 8.125 million common shares at the discounted price of $1.60 per share.

Chambers Street Properties (NYSE: CSG) will merge with Gramercy Property Trust (NYSE: GPT).
 
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 climbed 16 points to 2079. Bitcoin lost $5 to $257.

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