Eurozone inflation unchanged, markets open mixed

|
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.

About this Entry

This page contains a single entry by published on July 31, 2015 6:43 AM.

Mixed close on disappointing GDP was the previous entry in this blog.

Markets advance as Euro stocks recover is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 5.12