August 2015 Archives

Crude oil prices surged but the markets closed lower with the Dow plunging 114 points to 16,528 over concerns that interest rates may increase. Nasdaq plummeted 51 points to 4,776.

On the upside

Shares of Harvard Apparatus Regenerative Technology (Nasdaq: HART) extended its gains.
 
Penn Virginia (NYSE: PVA) closed the sale of its East Texas assets.

Shares of Midstate Petroleum (NYSE: MPO) climbed as crude oil price soared.

On the downside

Citron Research wrote that Wayfair (NYSE: W) deceived shareholders about its profitability.
 
Profit taking continued to weigh down shares of Forward Industries (Nasdaq: FORD).

Market Realist wrote that the second quarter growth rate of Novavax (Nasdaq: NVAX) was higher than its competitors but the stock price fell.

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 tumbled 16 points to 1,972. Bitcoin rose $3 to $229.

Markets lower over rate concerns

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The markets recovered steep early morning losses but continued trading in negative territory during the midday with the Dow dropping 74 points to 16,568. Nasdaq fell 21 points to 4,806.

On the upside

The Carlyle Group will acquire Blyth (NYSE: BTH) for a premium of approximately $98 million.
 
Arch Coal (NYSE: ACI) extended its private debt exchange offer.

Soaring crude oil prices lifted shares of Whiting Petroleum (NYSE: WLL).

On the downside

ConforMIS (Nasdaq: CFMS) initiated a voluntary recall of specific serial numbers of patient-specific instrumentation for its iUni, iDuo, iTotal CR and iTotal PS knee replacement product systems.
 
Shares of Omeros (Nasdaq: OMER) extended its losses.

Investors locked in profits on Stereotaxis (Nasdaq: STXS).

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 lost 9 points to 1,978. Bitcoin added $2 to $228. 
Comments over the weekend by Federal Reserve vice chair Stanley Fischer indicated that an interest rate increase was still a possibility despite the recent global market collapse. The markets opened sharply lower with the Dow plummeting 182 points to 16,460. Nasdaq tumbled 46 points to 4,781.

On the upside

Vital Therapies (Nasdaq: VTL) announced additional data from a VTI-208 clinical trial.
 
The Medicines Company (Nasdaq: MDCO) and Alnylam Pharmaceuticals (Nasdaq: ALNY) announced positive initial results from an ongoing Phase 1 clinical trial of ALN-PCSsc to treat hypercholesterolemia.

BioLife Solutions (Nasdaq: BLFS) customer TiGenix reported positive Phase III ADMIRE-CD trial results for Cx601.

On the downside

Profit taking weighed down shares of Ariad Pharmaceuticals (Nasdaq: ARIA).
 
Shares of GameStop (NYSE: GME) continued falling.

Investors locked in profits on SeaDrill (NYSE: SDRL).

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 plunged 22 points to 1,966. Bitcoin added $1 to $227.

Mixed close after wild week

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Concerns about the Chinese economy lingered but the markets closed mixed with the Dow slipping 11 points to 16,643 as the possibility of an interest rate increase faded. Nasdaq gained 15 points to 4,828.

On the upside

Moody's withdrew its B2-PD probability of default rating on Amira Nature Foods (NYSE: ANFI).
 
CNBC reported that Baxalta (NYSE: BXLT) offered to acquire Ariad Pharmaceuticals (Nasdaq: ARIA).

Shares of offshore drilling services contractor Transocean (NYSE: RIG) and Seadrill (NYSE: SDRL) both rose as crude oil prices climbed.

On the downside

Senomyx (Nasdaq: SNMX) announced the first sale of a concentrate using Sweetmyx S617 but the stock price fell.
 
Investors locked in profits on Vale (NYSE: VALE).

Profit taking weighed down shares of LookSmart (Nasdaq: LOOK).

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 added a point to 1,988. Bitcoin gained $6 to $231.
The markets traded mixed during the midday with the Dow losing 41 points to 16,613 as the recent crash allayed concerns of an impending interest rate increase. Nasdaq added 3 points to 4,816.

On the upside

Soaring crude oil prices lifted shares of Midstates Petroleum (NYSE: MPO).
 
Activision Blizzard (Nasdaq: ATVI) will replace Pall (NYSE: PLL) on the S&P 500 after market close this afternoon.

Shares of Linn Energy (Nasdaq: LINE) continued soaring.

On the downside

Bebe Stores (Nasdaq: BEBE) disappointed with a wider than expected loss for the fourth quarter.
 
Investors locked in profits on Forward Industries (Nasdaq: FORD).

Autodesk (Nasdaq: ADSK) fell to a loss for the second quarter on lower revenue.

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 slipped a points to 1,985. Bitcoin climbed $7 to $232.
The markets opened lower with the Dow falling 63 points to 16,591 after Chinese banks warned of increased loan defaults. Nasdaq slipped 8 points to 4,804.

On the upside

Stereotaxis (Nasdaq: STXS) and Westmead Hospital in Australia announced that the Niobe system formed faster, deeper lesions in highly mobile cardiac regions.
 
Activist investor Carl Icahn acquired a 8.5% stake in Freeport-McMoRan (NYSE: FCX).

Big Lots (NYSE: BIG) reported better than expected second quarter earnings and revenue.

On the downside

Violin Memory (NYSE: VMEM) widened losses for the second quarter as revenue fell.
 
Aeropostale (NYSE: ARO) reported a wider than expected loss for the second quarter.

Benchmark downgraded GameStop (NYSE: GME) from a Hold rating to a Sell rating.

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers edged out decliners on Nasdaq. The broader S&P 500 slipped 4 points to 1,983. Bitcoin edged up a fraction to $225.
A surge in crude oil prices along with a stronger than expected gain in the nation's gross domestic product sent the markets soaring to a sharply higher close with the Dow rocketing 369 points to 16,654. Nasdaq jumped 115 points to 4,812.

On the upside

Shares of Comstock Resources (NYSE: CRK) surged as crude oil prices rebounded.
 
Bargain hunters snapped up shares of Century Aluminum (Nasdaq: CENX).

Movado Group (NYSE: MOV) reported better than expected second quarter earnings and revenue.

Shares of Schlumberger (NYSE: SLB) continued climbing.

TheStreet listed C&J Energy Services (NYSE: CJES) as one of five stocks under $10 that is poised to soar.

On the downside

IDC reported that while Fitbit (NYSE: FIT) remained the number one wearable technology vendor, Apple (Nasdaq: AAPL) jumped to number two and is expected to become the market leader.
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 8 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 leaped 47 points to 1,987. Bitcoin edged up a fraction to $225.
The markets advanced during the midday with the Dow jumping 349 points to 16,634 as crude oil prices soared and the nation's gross domestic product climbed more than expected. Nasdaq leaped 108 points to 4,805.

On the upside

Newtek Business Services (Nasdaq: NEWT) entered a contract to manage LookSmart's (Nasdaq: LOOK) information technology operation.
 
Teck Resources (NYSE: TCK) and Goldcorp (NYSE: GG) will combine their El Morro and Relincho projects in Chile.

Linn Energy (Nasdaq: LINE) and LinnCo (Nasdaq: LNCO) appointed David B. Rottino to the position of chief financial officer of both companies on Monday night.

Surging crude oil prices lifted shares of Petrobas (NYSE: PBR).

On the downside

1-800-Flowers.com (Nasdaq: FLWS) fell to a loss for the fourth quarter.
 
Patterson Companies (Nasdaq: PDCO) disappointed with sharply lower first quarter earnings.

In the broad market, advancing issues outpaced decliners by a margin of nearly 8 to 1 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 leaped 44 points to 1,985. Bitcoin added $2 to $226.
The nation's economy grew by a stronger than expected 3.7% in the second quarter to lift the markets to a sharply higher open with the Dow surging 181 points to 16,466. Nasdaq soared 61 points to 4,759.

On the upside

Freeport-McMoRan (NYSE: FCX) slashed its 2016 capital expenditures budget by $1.6 billion and cut its copper production estimates.
 
NQ Mobile (NYSE: NQ) narrowed losses for the second quarter as revenue rose. The company also announced plans to sell its stake in FL Mobile to Beijing Jinxing Rongda Investment Management and its stake in NationSky to Beijing NationSky founder Hou Shuli.

Bloomberg reported that Peabody Energy (NYSE: BTU) retained the services of Lazard to assist in restructuring its $6.3 billion debt.

Shares of Forward Industries (Nasdaq: FORD) continued soaring.

McDermott International (NYSE: MDR) won a lump sum contract by Saudi Aramco for brownfield work.

On the downside

Williams-Sonoma (NYSE: WSM) reported higher second quarter earnings and revenue but the company forecast current quarter and full year earnings below expectations.
 
In the broad market, advancing issues outpaced decliners by a margin of nearly 8 to 1 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 soared 25 points to 1,965. Bitcoin added $1 to $226.

Dow zooms up 619 points

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Investors snapped up bargains to send the markets soaring to close sharply higher with the Dow zooming 619 points to 16,285. Nasdaq rocketed 191 points to 4,697.

On the upside

Microsoft (Nasdaq: MSFT) announced that Windows 10 is now running on over 75 million devices.
 
Facebook (Nasdaq: FB) began testing its new virtual personal assistant, M.

Intel (Nasdaq: INTC) invested more than $60 million into Chinese drone maker Yuneec International.

On the downside

Monsanto (NYSE: MON) ended its efforts to acquire Syngenta (NYSE: SYT).
 
Falling copper prices weighed down share of Freeport McMoRan (NYSE: FCX).

Shares of Aeropostale (NYSE: ARO) fell ahead of its earnings release after market close tomorrow.

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 jumped 72 points to 1,940. Bitcoin gained $3 to $223.
The markets extended its gains during the midday with the Dow rocketing 332 points to 16,004 as durable goods orders climbed more than expected. Nasdaq jumped 102 points to 4,608.

On the upside

Nimble Storage (NYSE: NMBL) reported a smaller than expected loss for the second quarter as revenue soared.
 
RBC Capital Markets lifted its price target on Netflix (Nasdaq: NFLX) from $125 to $140.

Re/code reported that EMC (NYSE: EMC) is exploring the possibility of being acquired by VMware (NYSE: VMW).

On the downside

The pilots' union for Republic Airways Holdings (Nasdaq: RJET) will not submit the contract offered by the airline for a vote by its membership.
 
Verastem (Nasdaq: VSTM) released an abstract for a Phase 2 study of Defactinib that will be presented at the 16th World Conference on Lung Cancer.

Retreating gold prices weighed down shares of Barrick Gold (NYSE: ABX).

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 leaped 40 points to 1,908. Bitcoin climbed $7 to $227. 
A stronger than expected 2% gain in durable goods orders lifted the markets to a sharply higher open with the Dow leaping 258 points to 15,924. Nasdaq soaring 76 points to 4,583.

On the upside

Schlumberger (NYSE: SLB) will pay a premium of approximately $12.7 billion in cash and stock to acquire Cameron International (NYSE: CAM).
 
Shares of Forward Industries (Nasdaq: FORD) extended its gains.

Express (NYSE: EXPR) reported sharply higher second quarter earnings that beat analyst expectations as revenue rose and the retailer lifted its full year outlook.

On the downside

Shares of SunEdison (NYSE: SUNE) continued falling.
 
Falling aluminum prices weighed down shares of Century Aluminum (Nasdaq: CENX).

Transocean (NYSE: RIG) proposed cancelling the next two payments of its previously approved dividend.

In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by nearly 5 to 1 on Nasdaq. The broader S&P 500 soared 29 points to 1,896. Bitcoin eased a fraction to $219.
The markets retreated in late afternoon trading to wipe out earlier gains and close sharply lower with the Dow plummeting 204 points to 15,666. Nasdaq fell 19 points to 4,506.

On the upside

Bargain hunters snapped up shares of 6D Global Technologies (Nasdaq: SIXD).
 
Shares of Netflix (Nasdaq: NFLX) rose on its Softbank partnership.

Atmel (Nasdaq: ATML) extended the retirement date of chief executive Steven Laub in order to complete its strategic evaluation process.

On the downside

Daktronics (Nasdaq: DAKT) disappointed with lower first quarter earnings and revenue that fell short of expectations.
 
Retreating crude oil prices weighed down shares of Freeport-McMoRan (NYSE: FCX).

TheStreet recommended waiting for Wells Fargo (NYSE: WFC) stock to drop further before buying.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 tumbled 25 points to 1,867. Bitcoin surged $16 to $221.
China's interest rate cut sent the markets soaring with the Dow jumping 266 points to 16,137. Nasdaq surged 102 points to 4,628.

On the upside

Forward Industries (Nasdaq: FORD) extended its contract to supply Bayer Healthcare with Global custom carry cases for diabetic products.
 
China's interest rate cut lifted shares of JinkoSolar Holding (NYSE: JKS).

Bargain hunters lifted shares of Weibo (Nasdaq: WB).

On the downside

Shares of Great Basin Scientific (Nasdaq: GBSN) continued falling.
 
The Public Service Commission of D.C. rejected a merger application for Pepco Holdings (NYSE: POM) to combine with Exelon (NYSE: EXC).

SunEdison (NYSE: SUNE) chief financial officer Brian Wuebbels bought 50,000 shares of company stock.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 climbed 27 points to 1,921. Bitcoin soared $14 to $220.
The markets surged with the Dow leaping 255 points to 16,127 as China cut interest rates in order to support its ailing economy. Nasdaq jumped 112 points to 4,639.

On the upside

A judge tentatively ruled that the California State Approving Agency for Veterans Education unlawfully suspended its approval of ITT Educational Services (NYSE: ESI) for enrollment by veteran students.
 
An abstract from Aquinox Pharmaceuticals' (Nasdaq: AQXP) LEADERSHIP Phase 2 clinical trial with AQX-125 in bladder pain syndrome/interstitial cystitis was accepted for oran presentation at the 2015 ESSIC Annual Meeting.

Best Buy (NYSE: BBY) reported higher second quarter earnings and revenue that topped analyst estimates.

The Patent Trials and Appeal Board declined to formally review two of Acorda Therapeutics' (Nasdaq: ACOR) patents.
 
On the downside

DSW (NYSE: DSW) reported higher second quarter earnings but revenue fell short of analyst expectations.

Shares of Yamana Gold (NYSE: AUY) fell as gold prices retreated.

In the broad market, declining issues outpaced advancers by a margin of 19 to 1 on the NYSE and by nearly 10 to 1 on Nasdaq. The broader S&P 500 soared 35 points to 1,928. Bitcoin tumbled $12 to $212. 

Global markets crash

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Steep losses plagued the markets with the Dow collapsing 588 points to 15,871 in the wake of the Asian market crash. Nasdaq slumped 179 points to 4,526.

On the upside

Caesars Entertainment (Nasdaq: CZR) entered a restructuring agreement with its creditors.
 
The Independent Data Monitoring Committee recommended that Galena Biopharma (Nasdaq: GALE) lower the cardiac toxicity monitoring for patients in its NeuVax(TM) Phase 3 PRESENT clinical trial.

On the downside

Shares of Chinese social media platform Weibo (Nasdaq: WB) plunged even as millions of users posted or liked comments about the stock market crash.

Keefe, Bruyette & Woods upgraded Bank of America (NYSE: BA) from a Market Perform rating to an Outperform rating but the stock price fell along with the rest of the market.
 
Crude oil prices settled below $39 per barrel for the first time in more than sixteen years sending shares of Exxon Mobil (NYSE: XOM) tumbling.

Netflix (NYSE: NFLX) partnered with SoftBank to pre-install the Netflix app on Softbank smartphones after October but the stock price plummeted.

In the broad market, declining issues outpaced advancers by a margin of 19 to 1 on the NYSE and by nearly 10 to 1 on Nasdaq. The broader S&P 500 crashed 77 points to 1,920. Bitcoin tumbled $12 to $212.
The markets rebounded from early morning losses but continued trading sharply lower with the Dow crashing 359 points to 16,100. Nasdaq slumped 111 points to 4,594.

On the upside

The New York State Office of the Medicaid Inspector General selected HMS Holdings' (Nasdaq: HMSY) subsidiary Health Management Systems to be the Medicaid Third Party Liability Match and Recovery Services contractor for a five year term.
 
Bargain hunters lifted shares of Amira Nature Foods (NYSE: ANFI).

Gevo (Nasdaq: GEVO) entered a worldwide patent cross-license and settlement agreement with Butamax Advanced Biofuels.

On the downside

The Chinese stock market crash sent shares of 500.com (NYSE: WBAI) plummeting.

SunTrust Robinson Humphrey downgraded Seventy Seven Energy (NYSE: SSE) from a Buy rating to a Neutral rating.
 
SunTrust Robinson Humphrey downgraded C&J Energy (NYSE: CJES) from a Buy rating to a Neutral rating.

In the broad market, declining issues outpaced advancers by a margin of nearly 16 to 1 on the NYSE and by 6 to 1 on Nasdaq. The broader S&P 500 plummeted 50 points to 1,920. Bitcoin dropped $13 to $211.
A collapse of the Asian markets sparked panic selling to send the markets plummeting with the Dow crashing 660 points to 15,799. Nasdaq collapsed 165 points to 4,540.

On the upside

Southern Company  (NYSE: SO) will pay a premium of approximately $8 billion to acquire AGL Resources (NYSE: GAS).
 
On the downside

Apple (Nasdaq: AAPL) recalled certain iPhone 6 Plus phones that take blurry pictures.

Vital Therapies (Nasdaq: VTL) announced disappointing results from a Phase 3 trial of VTI-208 to treat liver failure.

Petrobras (NYSE: PBR) stock tumbled as crude oil prices dropped below $40 a barrel.

Anxiety about the Chinese economy sent shares of Alibaba (NYSE: BABA) tumbling below its IPO price.
 
Privacy concerns continued to plague Facebook (Nasdaq: FB).

In the broad market, declining issues outpaced advancers by a margin of nearly 50 to 1 on the NYSE and by nearly 19 to 1 on Nasdaq. The broader S&P 500 slumped 64 points to 1,970. Bitcoin slipped $4 to $220.
Falling crude oil price along with concerns about the Chinese economy sent the markets into a tailspin with the Dow crashing 530 points to 16,459. Nasdaq collapsed 171 points to 4,706.

On the upside

AAC Holdings (Nasdaq: AAC) provided an third quarter operational update and commented on a legal case in California.

Amira Nature Foods (NYSE: ANFI) rejected false and misleading claims made by Prescience Point Research Group.
 
New York & Co. (NYSE: NWY) reported a narrower than expected loss for the second quarter as revenue rose.
 
On the downside

New patient screenings for Northwest Biotherapeutics' (Nasdaq: NWBO) Phase III trial of DCVax-L for newly diagnosed glioblastoma multiforme has been temporarily suspended.

Bank of America Merrill Lynch downgraded Stage Stores (NYSE: SSI) from a Buy rating to an Underperform rating.

Netflix's (Nasdaq: NFLX) generous unlimited leave for new parents is not available to employees of its DVD business.

In the broad market, declining issues outpaced advancers by a margin of nearly 6 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 slumped 64 points to 1,970. Bitcoin slipped $4 to $230.

Markets slump in broad selloff

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A broad based selloff sent the markets tumbling during the midday with the Dow collapsing 305 points to 16,685. Nasdaq slumped 89 points to 4,787.

On the upside

21st Century Oncology ordered one CyberKnife M6 and four TomoHDA Systems from Accuray (Nasdaq: ARAY).

Caesars Entertainment (Nasdaq: CZR) rejected a proposal from creditors of its operating unit who desired a stake in the parent company.
 
ImmunoGen (Nasdaq: IMGN) live webcast its analyst and investor meeting on September 18, 2015.
 
On the downside

ChinaCache International Holdings (Nasdaq: CCIH) fell to a loss for the second quarter.

Eldorado Gold (Nasdaq: EGO) suspended all activities in northern Greece in response to a revocation of approvals by the Greek Energy Ministry.

Axiom Equity Research analyst Gordon Johnson initiated coverage of SunEdison (NYSE: SUNE) with a Hold rating and warned that the stock price would continue to slide.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 tumbled 31 points to 2,004 Bitcoin slipped $4 to $230.

Markets extend losses

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The markets extended yesterday's steep losses by opening sharply lower with the Dow plunging 168 points to 16,822. Nasdaq plummeted 51 points to 4,826.

On the upside

Advanced Semiconductor Engineering (NYSE: ASX) will commence tender offers for Siliconware Precision Industries (Nasdaq: SPIL) beginning on Monday, August 24.

Bargain hunters lifted shares of Macrocure (Nasdaq: MCUR).
 
Brocade (Nasdaq: BRCD) reported higher third quarter earnings that beat expectations as revenue rose.
 
On the downside

Tuesday Morning (Nasdaq: TUES) reported a greater than expected loss for the fourth quarter.

Second quarter earnings and revenue fell short of expectations for The Fresh Market (Nasdaq: TFM) and the grocery retailer forecast full year results below estimates.

Intuit (Nasdaq: INTU) swung to a profit for the fourth quarter but the company forecast a loss for the current quarter.

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 dropped 18 points to 2,017. Bitcoin slipped $4 to $230.
The markets plunged with the Dow crashing 358 points to 16,990 over fears that the Chinese economy will continue to slow. Nasdaq collapsed 141 points to 4,877.

On the upside

Keysight Technologies (NYSE: KEYS) reported better than expected third quarter earnings and revenue.

Second quarter earnings surged for Tech Data (Nasdaq: TECD) to beat expectations by a wide margin.
 
Shares of AngloGold Ashanti (NYSE: AU), Seabridge Gold (NYSE: SA) and Sibanye Gold (NYSE: SBGL) all rose as gold prices advanced again.
 
On the downside

Shares of SFX Entertainment (Nasdaq: SFXE) extended its losses.

JinkoSolar Holding (NYSE: JKS) reported lower second quarter earnings and revenue.

Atlas Resource Partners (NYSE: ARP) entered a distribution agreement with MLV & Co.

In the broad market, declining issues outpaced advancers by a margin of 9 to 2 on the NYSE and by nearly 9 to 2 on Nasdaq. The broader S&P 500 sank 43 points to 2,035. Bitcoin climbed $14 to $233.

Global economic concerns sink stocks

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Concerns about the global economy sent the markets down sharply during the midday with the Dow sinking 219 points to 17,129. Nasdaq skidded 98 points to 4,920.

On the upside

Arch Coal (NYSE: ACI) stock continued to soar as the company negotiated with its lenders to avoid bankruptcy.

Eli Lilly's (NYSE: LLY) positive trial results for its diabetes treatment lifted shares of Lexicon Pharmaceuticals (NYSE: LXRX), which is conducting clinical trials on it own diabetes treatment sotagliflozin.
 
Cantor Fitzgerald upgraded Lumber Liquidators (NYSE: LL) from a Hold rating to a Buy rating.
 
On the downside

Stage Stores (NYSE: SSI) disappointed with sharply lower second quarter earnings that fell far short of analyst expectations and lowered its full year earnings outlook.

Shares of Rayonier Advanced Materials (NYSE: RYAM) extended its losses.

Macrocure (Nasdaq: MCUR) warned that its venous leg ulcer treatment CureXcell(R) would fail a Phase 3 clinical trial prompting downgrades.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 plummeted 25 points to 2,054. Bitcoin rose $12 to $231.
An unexpected increase in jobless claims sent the markets tumbling to a sharply lower open with the Dow collapsing 218 points to 17,130. Nasdaq plummeted 69 points to 4,949.

On the upside

Shares of Peabody Energy (NYSE: BTU) continued rising.

Gold prices continued to climb lifting shares of Barrick Gold (NYSE: ABX) and Gold Fields (NYSE: GFI).
 
Eli Lilly (NYSE: LLY) reported positive results from a long term clinical trial investigating cardiovascular outcomes for Jardiance in adults with type 2 diabetes.
 
On the downside

Second quarter earnings fell for Jumei International (NYSE: JMEI).

Amira Nature Foods (NYSE: ANFI) engaged ASA & Associates to serve as independent auditors to the company.

Profit taking sank shares of Celsus Therapeutics (Nasdaq: CLTX).

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 1 on the NYSE and by more than 4 to 1 on Nasdaq. The broader S&P 500 plunged 23 points to 2,056. Bitcoin gained $13 to $233.
The markets plunged to close sharply lower with the Dow plummeting 162 points to 17,348 after Asian markets fell. Nasdaq dropped 40 points to 5,019.

On the upside

Southcross Energy Partners (NYSE: SXE) and Southcross Holdings secured a new $175 million equity commitment from Charlesbank Capital Partners, EIG Global Energy Partners and Tailwater Capital.

Rising gold prices lifted shares of Anglo Ashanti Gold (NYSE: AU) and Gold Fields (NYSE: GFI).
 
Photronics (Nasdaq: PLAB) reported sharply higher third quarter earnings that beat expectations as revenue rose.
 
On the downside

Profit taking sank shares of Cheetah Mobile (NYSE: CMCM).

Needham lifted its price target on SunEdison (NYSE: SUNE) from $30 to $31 but the stock price fell.

Falling crude oil prices weighed down share of Chesapeake Energy (NYSE: CHK).

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 tumbled 17 points to 2,079. Bitcoin plunged $26 to $222.
Crude oil prices dropped to send the markets down sharply during the midday with the Dow plunging 174 points to 17,336. Nasdaq tumbled 49 points to 5,010.

On the upside

Celsus Therapeutics (Nasdaq: CLTX) announced yesterday a $75 million private placement offering.

Bargain hunters lifted shares of Peabody Energy (NYSE: BTU).
 
Bloomberg reported that Arch Coal (NYSE: ACI) was negotiating with lenders in order to avoid filing for bankruptcy.
 
On the downside

Rayonier Advanced Materials (NYSE: RYAM) filed a declaratory judgment action against Eastman Chemical.

Second quarter earnings dropped sharply for Tarena International (Nasdaq: TEDU).

Shares of Eclipse Resources (NYSE: ECR) continued falling.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 plunged 20 points to 2,076. Bitcoin tumbled $19 to $229.
The markets opened sharply lower with the Dow plummeting 141 points to 17,371 over concerns about the Chinese economy. Nasdaq fell 29 points to 5,030.

On the upside

Seagate (Nasdaq: STX) will pay a premium of approximately $694 million in cash to acquire Dot Hill Systems (Nasdaq: HILL) .

The Food and Drug Administration granted Fast Track designation to Corbus Pharmaceuticals'  (Nasdaq: CRBP) Resunab to treat systemic sclerosis.
 
Target (NYSE: TGT) reported higher second quarter earnings that surpassed expectations and lifted its full year earnings outlook.
 
On the downside

Canadian Solar (Nasdaq: CSIQ) reported sharply lower second quarter earnings and forecast current quarter and full year revenue below expectations.

The Greek government cited violations for the cessation of activity at Eldorado Gold's (NYSE: EGO) northern Greek mine.

American Eagle Outfitters (NYSE: AEO) reported sharply higher second quarter earnings that beat analyst expectations but the stock price fell.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 1 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 tumbled 13 points to 2,083. Bitcoin fell $7 to $248.
The markets closed lower with the Dow falling 33 points to 17,511 due to a drop in July building permits. Nasdaq lost 32 points to 5,059.

On the upside

Sprint (NYSE: S) will eliminate two year contracts.

Rebounding crude oil prices lifted shares of Chesapeake Energy (NYSE: CHK).
 
The TJX Companies (NYSE: TJX) reported higher second quarter earnings and revenue that topped estimates and lifted its full year outlook.
 
On the downside

Aegean Marine Petroleum Network (NYSE: ANW) disappointed with lower second quarter earnings and revenue.

Investors locked in profits on Aquinox Pharmaceuticals (Nasdaq: AQXP).

Legacy Reserves (Nasdaq: LGCY) will participate in the 2015 Citi MLP Conference on August 19 and 20.

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 5 points to 2,096. Bitcoin fell $7 to $248.
July housing starts climbed but building permits fell to weigh the markets down during the midday with the Dow losing 35 points to 17,509. Nasdaq fell 27 points to 5,064.

On the upside

Inteliquent (Nasdaq: IQNT) entered a three year agreement to provide IP voice services to T-Mobile (NYSE: TMUS).

The Food and Drug Administration issued a favorable response letter to Evoke Pharma (Nasdaq: EVOK) for its proposed pediatric study plan for EVK-001.
 
A gain in home builder sentiment lifted share of Hovnanian Enterprises (NYSE: HOV).
 
On the downside

BMO Capital Markets downgraded Amira Nature Foods (NYSE: ANFI) from an Outperform rating to a Market Perform rating.

Falling aluminum prices weighed down shares of Century Aluminum (Nasdaq: CENX).

The Food and Drug Administration will not require Esperion Therapeutics (Nasdaq: ESPR) to complete a cardiovascular outcomes trial for ETC-1002 but concerns remained about the scope of further clinical trials.

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 lost 6 points to 2,096. Bitcoin fell $4 to $251.

Lower open over Chinese concerns

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The markets opened lower with the Dow slipping a point to 17,543 as concerns about China overshadowed better than expected housing starts in July. Nasdaq lost 14 points to 5,077.

On the upside

Omeros (Nasdaq: OMER) announced additional positive data from a Phase 2 clinical trial of OMS721 to treat thrombotic microangiopathies.

National Penn Bancshares (Nasdaq: NPBC) will be acquired by BB&T in a cash and stock transaction valued at approximately $1.8 billion.
 
SunEdison (NYSE: SUNE) formed a $1 billion warehouse investment vehicle to be managed by Goldman Sachs.
 
On the downside

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

Second quarter earnings for Wal-Mart (NYSE: WMT) fell more than expected prompting the discount retailer to lower its full year earnings outlook.

Freeport-McMoRan (NYSE: FCX) stopped exporting copper from Indonesia.

In the broad market, declining issues outpaced advancers 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 slipped 1 point to 2,100. Bitcoin lost $4 to $251.
The markets closed higher with the Dow gaining 67 points to 17,545 as investors embraced merger and acquisition news. Nasdaq climbed 43 points to 5,091.

On the upside

Bargain hunters lifted shares of Karyopharm Therapeutics (Nasdaq: KPTI).

Morgan Stanley upgraded Inphi (NYSE: IPHI) from an Equal Weight rating to an Overweight rating.
 
BMO Capital lifted its price target on J.C. Penney (NYSE: JCP) from $8 to $9.
 
On the downside

Investors locked in profits on YOU On Demand (Nasdaq: YOD).

Retreating crude oil prices weighed down shares of Linn (Nasdaq: LNCO).

Two settlements to class action lawsuits against PhotoMedix (Nasdaq: PHMD) were approved by the courts.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 climbed 10 points to 2,102. Bitcoin added $1 to $257.

M&A activity lifts markets

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Corporate consolidations lifted the markets higher during the midday with the Dow rising 49 points to 17,527. Nasdaq gained 34 points to 5,082.

On the upside

Arch Coal (NYSE: ACI) extended its private debt exchange offer.

RA Capital Management increased its stake in Achillion Pharmaceuticals (Nasdaq: ACHN) to approximately 9.95 million shares.
 
Zacks Equity Research suggested that Esperion (Nasdaq: ESPR) was poised for a breakout.
 
On the downside

Profit taking weighed down shares of Energy Focus (Nasdaq: EFOI).

Investors continued to lock in profits on Eleven Biotherapeutics (Nasdaq: EBIO).

DS Healthcare Group (Nasdaq: DSKX) will pay approximately $36.5 million in cash and stock to acquire WR Group.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 gained 9 points to 2,100. Bitcoin edged up a fraction to $256.

Mixed markets as crude oil slips

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The markets opened mixed with the Dow slipping 11 points to 17,465 as crude oil prices slipped. Nasdaq added 5 points to 5,053.

On the upside

AVEO Pharmaceuticals (Nasdaq: AVEO) entered an exclusive worldwide license agreement for Novartis (NYSE: NVS) to develop and commercialize AV-380.

QVC owner Liberty Interactive (Nasdaq: QVCA) will pay a premium of approximately $2.4 billion in cash and stock to acquire zulily (Nasdaq: ZU).
 
Sprint (NYSE: S) introduced its iPhone Forever plan offering iPhone (Nasdaq: AAPL) upgrades for only $22 per month.
 
On the downside

Wedbush Securities downgraded Micron Technology (Nasdaq: MU) from an Outperform rating to a neutral rating.

Investors continued to lock in profits on Onconova Therapeutics (Nasdaq: ONTX).

Shares of Prima Biomed (Nasdaq: PBMD) extended its losses.

In the broad market, declining issues outpaced advancers by a margin of 3 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 slipped 8 points to 2,088. Bitcoin edged up a fraction to $256.

Higher close on upbeat data

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The markets closed higher with the Dow climbing 69 points to 17,477 as producer prices and industrial production rose. Nasdaq gained 14 points to 5,048.

On the upside

Bsquare (Nasdaq: BSQR) reported sharply higher second quarter earnings as revenue rose.

SunTrust Robinson expects Twitter (NYSE: TWTR) co-founder Jack Dorsey to be appointed as the company's permanent chief executive.
 
RCS Capital (NYSE: RCAP) terminated its external management services agreement with RCS Capital Management.
 
On the downside

SFX Entertainment (Nasdaq: SFXE) chair Robert Sillerman lowered his offer price to take the company private.

Micron Technology (Nasdaq: MU) forecast higher capital expenditures in 2016 but the company included anticipated funds from third parties.

Retreating crude oil prices weighed down shares of Marathon Oil (NYSE: MRO).

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 gained 8 points to 2,091. Bitcoin added $2 to $264.
The markets traded mixed during the midday with the Dow rising 21 points to 17,429 as consumer sentiment slipped. Nasdaq lost 11 points to 5,022.

On the upside

Second quarter earnings and revenue rose for FibroGen (Nasdaq: FGEN).

KemPharm (Nasdaq: KMPH) reported positive data from an intranasal clinical trial of KP201/APAP.
 
Goldman Sachs added Kinder Morgan (NYSE: KMI) to its Conviction Buy List.
 
On the downside

King Digital Entertainment (NYSE: KING) reported lower second quarter earnings and revenue and forecast current quarter bookings below estimates.

Third quarter revenue fell short of expectations for Applied Materials (Nasdaq: AMAT) and the company forecast current quarter earnings below estimates.

xG Technology (Nasdaq: XGTI) priced its public offering of 2.55 million shares of Class A Units at the discounted price of $1 per unit.

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 3 points to 2,087. Bitcoin added $2 to $264.
A gain in July factory output lifted the markets to a higher open with the Dow gaining 37 points to 17,445. Nasdaq held steady at 5,033.

On the upside

Onconova Therapeutics (Nasdaq: ONTX) submitted an investigational new drug application to the Food and Drug Administration for a Phase 3 trial of IV rigosertib in higher-risk myelodysplastic syndromes.

J.C. Penney (NYSE: JCP) narrowed second quarter losses more than expected as revenue rose.
 
Darling Ingredients (NYSE: DAR) reported a better than expected profit for the second quarter and announced a $100 million stock repurchase plan.
 
On the downside

Second quarter revenue for El Pollo Loco (Nasdaq: LOCO) fell short of expectations.

Christopher & Banks (NYSE: CBK) warned that second quarter revenue would fall short of previous guidance as same store sales fell.

Avalanche Biotechnologies (Nasdaq: AAVL) widened second quarter losses and announced that it will not initiate a Phase 2b clinical trial of AVA-101 in the second half of 2015.

In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 3 points to 2,086. Bitcoin added $1 to $264.

Mixed close as retail sales rise

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The markets closed mixed with the Dow adding 5 points to 17,408 as a rise in July retail sales tempered concerns over a gain in jobless claims. Nasdaq lost 10 points to 5,033.

On the upside

Second quarter earnings for Ceragon Networks (Nasdaq: CRNT) topped analyst estimates.

Shares of Wayfair (NYSE: W) continued soaring.

Berry Plastics (NYSE: BERY) presented at the Jefferies 2015 Industrials Conference this morning.

On the downside

An appeals court ruled that Limelight Networks (Nasdaq: LLNW) infringed upon a patent held by Akamai Technologies (Nasdaq: AKAM).

Shares of Arch Coal (NYSE: ACI) fell over concerns that the company will file for bankruptcy.

BG Medicine (Nasdaq: BGMD) priced its offering of Series A and Series B units.

In the broad market, declining issues outpaced advancers by a margin of 3 to 2 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 slipped 2 points to 2,083. Bitcoin lost $3 to $263.

Markets recover at midday

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The markets recovered during the midday with the Dow climbing 68 points to 17,471 even as crude oil prices retreated. Nasdaq gained 23 points to 5,068.

On the upside

SunEdison (NYSE: SUNE) will jointly develop with Dominion (NYSE: D) a 420 megawatt Four Brothers solar project in Utah.

Fourth quarter earnings and revenue rose for Cisco Systems (Nasdaq: CSCO) to top analyst expectations.

Bernstein upgraded Yahoo (Nasdaq: YHOO) from a Market Perform rating to an Outperform rating.

On the downside

Itau Unibanco Holding (NYSE: ITUB) disappointed with lower second quarter earnings and revenue.

Retreating crude oil prices weighed down shares of Petrobras (NYSE: PBR).

Shares of Chesapeake Energy (NYSE: CHK) extended its losses.

In the broad market, declining issues barely edged out advancers by a slim margin of nearly 10 to 9 on the NYSE while advancers outpaced decliners by nearly 7 to 5 on Nasdaq. The broader S&P 500 rose 6 points to 2,092. Bitcoin slipped $2 to $263.

The markets opened lower with the Dow falling 49 points to 17,352 as first time applications for unemployment benefits unexpectedly rose. Nasdaq slipped 9 points to 5,034.

On the upside

Eleven Biotherapeutics (Nasdaq: EBIO) narrowed losses for the second quarter.

One Horizon Group (Nasdaq: OHGI) will be the exclusive supplier of Voice over IP services to KeyIdea Information Technology.

Leyard Optoelectronic will acquire Planar Systems (Nasdaq: PLNR) for a premium of approximately $156.8 million.

On the downside

Shake Shack (NYSE: SHAK) priced its secondary offering of 4 million common shares at the discounted price of $60 per share.

Kohl's (NYSE: KSS) disappointed with lower second quarter earnings that fell short of analyst expectations and forecast full year earnings below estimates.

Morgan Stanley initiated coverage of Rockwell Medical (Nasdaq: RMTI) with an Underweight rating and a $7 price target.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 lost 6 points to 2,079. Bitcoin slipped $4 to $262.

The markets rebounded to close flat with the Dow holding steady at 17,402 as crude oil prices rose. Nasdaq added 7 points to 5,044.

On the upside

Recovering crude oil prices lifted shares of Comstock Resources (NYSE: CRK).

Bargain hunters lifted shares of Vipshop Holdings (NYSE: VIPS).

Credit Suisse lowered its price target on Laredo Petroleum (NYSE: LPI) from $10 to $9 but the stock price rose.

On the downside

Profit taking weighed down shares of Forward Industries (Nasdaq: FORD).

Akebia Therapeutics (Nasdaq: AKBA) widened losses for the second quarter.

Shares of SFX Entertainment (Nasdaq: SFXE) extended its losses.

In the broad market, declining issues barely edged out advancers by a slim margin of nearly 10 to 9 on the NYSE and by a margin of 9 to 7 on Nasdaq. The broader S&P 500 added a point to 2,086. Bitcoin eased a fraction to $267.

Markets sink on yuan devaluation

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The markets recovered early morning losses but continued trading in negative territory with the Dow plunging 115 points to 17,287 over the yuan's devaluation. Nasdaq dropped 29 points to 5,007.

On the upside

Bargain hunters snapped up shares of Envestnet (NYSE: ENV).

SunEdison (NYSE: SUNE) and TerraForm Power (Nasdaq: TERP) successfully syndicated the $280 million 7 year term loan facility of TerraForm Private Warehouse.

Rising gold prices lifted shares of Barrick Gold (NYSE: ABX) and Yamana Gold (NYSE: AUY).

On the downside

Investors locked in profits on Aquinox Pharmaceuticals (Nasdaq: AQXP).

Second quarter earnings for Arcos Dorados (NYSE: ARCO) fell short of analyst expectations as revenue dropped.

CYREN (Nasdaq: CYRN) priced its public offering of more than 6.66  million common shares at the discounted price of $1.65 per share.

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 dropped 13 points to 2,070. Bitcoin eased $2 to $265.

China devalued the yuan again sending the markets plummeting at the open. The Dow collapsed 239 points to 17,163 while Nasdaq plunged 73 points to 4,963.

On the upside

Wayfair (NYSE: W) narrowed second quarter losses more than expected as revenue rose.

Eleven Biotherapeutics (Nasdaq: EBIO) dosed its first patients in a Phase 3 study of EBI-005 to treat moderate to severe allergic conjunctivitis.

Coeur Mining (Nasdaq: CDE) will present at the Jefferies Industrial Conference this afternoon.

On the downside

Alibaba Group (NYSE: BABA) reported higher quarterly earnings but revenue fell short of expectations as growth slowed.

AT&T (NYSE: T) raised its full year outlook in the wake of its acquisition of DirecTV but investors expected further gains.

Shares of JD.com (Nasdaq: JD) extended its losses.

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 24 points to 2,059. Bitcoin slipped $3 to $264.

Yuan devalued, markets plummet

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China's devaluation of the yuan sent the markets tumbling to close sharply lower with the Dow plummeting 212 points to 17,402. Nasdaq plunged 65 points to 5,036.

On the upside

Envestnet (NYSE: ENV) will pay a premium of approximately $560 million to acquire Yodlee (Nasdaq: YDLE).

NTELOS Holdings (Nasdaq: NTLS) will be acquired by Shenandoah Telecommunications for a premium of approximately $208 million in cash.

Lipocine (Nasdaq: LPCN) narrowed losses for the second quarter.

On the downside

Zebra Technologies (Nasdaq: ZBRA) disappointed with a greater than expected loss for the second quarter and forecast current quarter earnings below expectations.

The Consumer Financial Protection Bureau may take legal action against World Acceptance (Nasdaq: WRLD).

Avid Technology (Nasdaq: AVID) reported an unexpected loss for the second quarter as revenue fell prompting a downgrade.

In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 dropped 20 points to 2084. Bitcoin added $2 to $263.

The markets tumbled to a sharply lower open with the Dow plummeting 158 points to 17,456 as China devalued the yuan. Nasdaq dropped 27 points to 5,074.

On the upside

Terex (NYSE: TEX) will merge with Konecranes in an all stock transaction.

Aquinox Pharmaceuticals (Nasdaq: AQXP) stock surged again.

Novavax (Nasdaq: NVAX) reported positive results from a Phase 2 clinical trial of its RSV F-protein vaccine in adults 60 years of age and older.

On the downside

Celldex Therapeutics (Nasdaq: CLDX) widened losses for the second quarter.

Investors locked in profits on Freeport-McMoRan (NYSE: FCX).

Vipshop Holdings (NYSE: VIPS) reported higher second quarter earnings and revenue but the company forecast disappointing current quarter revenue.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 dropped 14 points to 2089. Bitcoin added $1 to $262.

The markets surged to close sharply higher with the Dow jumping 241 points to 17,615 as crude oil prices rallied. Nasdaq leaped 58 points to 5,101.

On the upside

Rebounding crude oil prices lifted shares of Denbury Resouces (NYSE: DNR) and Bonanza Creek Energy (NYSE: BCEI).

Bargain hunters lifted shares of Century Aluminum (Nasdaq: CENX).
 
Rentech Nitrogen Partners (NYSE: RNF) will be acquired by CVR Partners for approximately $533 million.
 
On the downside

Karyopharm Therapeutics (Nasdaq: KPTI) widened second quarter losses.

Shares of SFX Entertainment (Nasdaq: SFXE) fell ahead of its earnings release after market close.

Kronos Worldwide (NYSE: KRO) fell to a loss for the second quarter.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 leaped 26 points to 2104. Bitcoin eased a fraction to $262.
Recovering crude oil prices sent the markets soaring during the midday with the Dow rocketing 220 points to 17,593. Nasdaq surged 52 points to 5,095.

On the upside

Sprint (NYSE: S) launched its Direct 2 You service to wireless customers in the Houston metropolitan area, Greater Boston, Metro Atlanta and the Philadelphia metropolitan area.

TETRA Technologies (NYSE: TTI) reported higher second quarter earnings and revenue on Friday.
 
Raymond James upgraded NeoPhotonics (NYSE: NPTN) from a Market Perform rating to an Outperform rating.
 
On the downside

Shares of RCS Capital (NYSE: RCAP) continued falling.

BioScrip (Nasdaq: BIOS) widened losses significantly for the second quarter.

Shares of bluebird bio (Nasdaq: BLUE) extended its losses.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 leaped 23 points to 2101. Bitcoin eased a fraction to $261.

Higher open on Greek bank news

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A possible infusion of cash into Greek banks sent the markets soaring with the Dow leaping 179 points to 17,552. Nasdaq jumped 53 points to 5,096.

On the upside

Shares of Aquinox Pharmaceuticals (Nasdaq: AQXP) continued soaring.

Warren Buffett's Berkshire Hathaway will pay a premium of approximately $37.2 billion to acquire Precision Castparts (NYSE: PCP).
 
AstraZeneca (NYSE: AZN) entered an agreement to develop Inovio Pharmaceuticals' (Nasdaq: INO) experimental cancer vaccine INO-3112.
 
On the downside

Dean Foods (NYSE: DF) swung to a profit for the second quarter but revenue fell to miss expectations and the company announced the resignation of chairman Tom C. Davis.

Morgan Stanley downgraded JD.com (Nasdaq: JD) from an Overweight rating to an Equalweight rating and cut its price target from $41 to $35.

Groupon (Nasdaq: GRPN) swung to a profit for the second quarter but the company cut its current quarter revenue guidance.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 2 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 soared 20 points to 2097. Bitcoin eased $1 to $260.

Markets slip over rate concerns

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Concerns that a healthy job market would spark an interest rate increase weighed the markets down to a lower close with the Dow falling 46 points to 17,373. Nasdaq lost 12 points to 5,043.

On the upside

Career Education (Nasdaq: CECO) narrowed losses for the second quarter.

A district court sided with Amarin (Nasdaq: AMRN) in ruling that the company can inform doctors about off-label uses of its drugs.
 
Pixar Animation Studios will license Nvidia's (Nasdaq: NVDA) quasi-Monte Carlo rendering methods.
 
On the downside

Century Aluminum (Nasdaq: CENX) fell to a greater than expected loss for the second quarter.

inContact (Nasdaq: SAAS) fell to a loss for the second quarter even as revenue rose.

BioCryst Pharmaceuticals (Nasdaq: BCRX) swung to a profit for the second quarter but the stock price fell.

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 lost 5 points to 2077. Bitcoin eased a fraction to $276.
The nation's employers added 215,000 jobs in July and the unemployment rate held steady at 5.3% but the markets opened lower with the Dow tumbling 85 points to 17,334 over concerns that the Federal Reserve will raise interest rates in September. Nasdaq fell 29 points to 5,026.

On the upside

Aquinox Pharmaceuticals (Nasdaq: AQXP) reported positive results from a Phase 2 LEADERSHIP trial with AQX-1125 in patients with bladder pain syndrome/interstitial cystitis.

Nu Skin Enterprises (NYSE: NUS) reported sharply higher second quarter earnings that topped analyst estimates.
 
Post Holdings (NYSE: POST) swung to profit for the third quarter as revenue rose.
 
On the downside

Iconix Brand Group (Nasdaq: ICON) president and chief executive Neil Cole will depart the company in order to pursue other business opportunities.

Fluidigm (Nasdaq: FLDM) widened second quarter losses more than expected and lowered its full year revenue forecast.

Second quarter earnings for NeoPhotonics (NYSE: NPTN) fell short of expectations and the company forecast current quarter results below estimates.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 lost 8 points to 2075. Bitcoin edged up to $276.
Disappointing earnings sent the markets tumbling to a sharply lower close with the Dow plunging 120 points to 17,419. Nasdaq plummeted 83 points to 5,056.

On the upside

Bargain hunters lifted shares of Chesapeake Energy (NYSE: CHK).

Qualcomm (Nasdaq: QCOM) subsidiary Qualcomm Atheros will acquire Ikanos Communications (Nasdaq: IKAN).
 
Boulder Brands (Nasdaq: BDBD) engaged William Blair & Co. to explore strategic alternatives to enhance shareholder value.
 
On the downside

InfoSonics (Nasdaq: IFON) fell to a loss for the second quarter.

RCS Capital (NYSE: RCAP) fell to a second quarter loss as revenue tumbled.

Approach Resources (Nasdaq: AREX) fell to a loss for the second quarter as revenue plunged.

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 tumbled 16 points to 2083. Bitcoin slipped $3 to $277.
The markets extended its losses during the midday with the Dow plummeting 132 points to 17,407 over disappointing earnings. Nasdaq plunged 83 points to 5,056.

On the upside

IBM (NYSE: IBM) will acquire Merge Healthcare (Nasdaq: MRGE) for a premium of approximately $1 billion.

Herbalife (NYSE: HLF) reported better than expected second quarter earnings and revenue and lifted its full year earnings guidance.
 
Wunderlich upgraded Oasis Petroleum (NYSE: OAS) from a Hold rating to a Buy rating.
 
On the downside

PHH (NYSE: PHH) widened second quarter losses.

SunEdison (NYSE: SUNE) widened losses significantly for the second quarter.

Constellium (NYSE: CSTM) fell to a loss for the second quarter.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 tumbled 17 points to 2081. Bitcoin lost $4 to $275.

Lower open as crude oil falls

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Crude oil prices fell to weigh the markets down to a lower open with the Dow plunging 104 points to 17,435. Nasdaq dropped 30 points to 5,109.

On the upside

Weight Watchers (NYSE: WTW) reported better than expected earnings for the second quarter and lifted its full year earnings outlook.

Genetic Technologies (Nasdaq: GENE) received patents for three core genetic markers in the BREVAGenplus risk assessment test.
 
3D Systems (NYSE: DDD) fell to a loss for the second quarter but revenue rose.
 
On the downside

Keurig Green Mountain (Nasdaq: GMCR) disappointed with lower second quarter earnings and revenue that fell short of analyst expectations, cut its full year forecast and announced plans to reduce its workforce.

Sequenom (Nasdaq: SQNM) widened losses for the second quarter as revenue fell.

Shutterstock (NYSE: SSTK) reported higher second quarter earnings and revenue but the company forecast current quarter and full year revenue below expectations and announced the resignation of chief financial officer Tim Bixby.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by 5 to 4 on Nasdaq. The broader S&P 500 fell 8 points to 2091. Bitcoin lost $3 to $276. 

Mixed close as crude oil slips

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It was a mixed close for the markets with the Dow slipping 10 points to 17,540 as crude oil prices retreated again. Nasdaq climbed 34 points to 5,139.

On the upside

LGI Homes (Nasdaq: LGIH) reported higher second quarter earnings as revenue rose.

Second quarter earnings and revenue rose for Kforce (Nasdaq: KFRC) to surpass analyst expectations and the company guided current quarter results ahead of estimates.
 
Ixia (Nasdaq: XXIA) swung to a better than expected profit for the second quarter as revenue rose.
 
On the downside

Second quarter revenue for CaesarStone Sdot-Yam (Nasdaq: CSTE) fell short of expectations and the company lowered its full year revenue guidance.

Plains GP Holdings (NYSE: PAGP) fell to a loss as revenue tumbled.

Alphatec Holdings (Nasdaq: ATEC) widened losses for the second quarter as revenue fell prompting a downgrade.

In the broad market, advancing issues edged out decliners by a slim margin on the NYSE while advancers outpaced decliners by more than 7 to 5 on Nasdaq. The broader S&P 500 gained 6 points to 2099. Bitcoin held steady at $280.

Markets mixed at midday

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The markets traded mixed during the midday with the Dow losing 17 points to 17,533. Nasdaq gained 32 points to 5,137.

On the upside

Tecumseh Products (Nasdaq: TECU) will be acquired by an affiliate of Mueller Industries and Atlas Holdings for a premium of $5 per share in cash.

Chuy's Holdings (Nasdaq: CHUY) reported higher second quarter earnings and revenue that beat expectations and forecast full year earnings ahead of estimates.
 
Paycom Software (NYSE: PAYC) swung to a better than expected profit for the second quarter and guided current quarter as well as full year revenue above expectations.
 
On the downside

Lumber Liquidators Holdings (NYSE: LL) fell to an unexpected loss for the second quarter.

Memorial Production Partners (Nasdaq: MEMP) reported a loss for the second quarter as revenue fell.

Glu Mobile (Nasdaq: GLUU) widened losses for the second quarter.

In the broad market, declining issues outpaced advancers by a slim margin on the NYSE while advancers outpaced decliners by more than 9 to 7 on Nasdaq. The broader S&P 500 rose 5 points to 2098. Bitcoin slipped $1 to $280.

Higher open on upbeat earnings

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Upbeat earnings lifted the markets to a higher open with the Dow soaring 103 points to 17,654. Nasdaq leaped 67 points to 5,172.

On the upside

A jury found that five of Finjan Holdings' (Nasdaq: FNJN) patents were infringed upon by Blue Coat Systems and that Blue Coat must pay nearly $40 million in damages.

First Solar (Nasdaq: FSLR) reported sharply higher second quarter earnings and revenue that surpassed analyst expectations and forecast full year results ahead of estimates.
 
Second quarter earnings and revenue soared for AMN Healthcare Services (NYSE: AHS) to beat expectations.
 
On the downside

RetailMeNot (Nasdaq: SALE) fell to a loss for the second quarter and lowered its full year forecast.

Etsy (Nasdaq: ETSY) widened losses for the second quarter.

Genworth Financial (NYSE: GNW) fell to a greater than expected loss for the second quarter.

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 climbed 18 points to 2112. Bitcoin slipped $2 to $280.
Despite recovering crude oil prices, the markets closed lower with the Dow falling 47 points to 17,550 over continued concerns of an oil glut. Nasdaq lost 9 points to 5,105.

On the upside

LendingTree (Nasdaq: TREE) swung to a better than expected profit for the second quarter and lifted its full year outlook.

Metro Bancorp (Nasdaq: METR) will be acquired by FNB for a premium of approximately $474 million.
 
Tencent Holdings offered $622 million to acquire eLong (Nasdaq: LONG).
 
On the downside

ID Systems (Nasdaq: IDSY) widened second quarter losses as revenue fell.

Second quarter earnings plunged for TriMas (Nasdaq: TRS) to fall short of expectations and the company forecast full year earnings below estimates.

Nautilus (NYSE: NLS) reported higher second quarter earnings but the stock price tumbled.

In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE while decliners were on par with advancers on Nasdaq. The broader S&P 500 lost 4 points to 2093. Bitcoin added $1 to $283.
The markets traded mixed during the midday with the Dow losing 12 points to 17,585 as Saudi Arabia expanded its refinery activity. Nasdaq added 3 points to 5,119.

On the upside

MGM Resorts International (NYSE: MGM) reported a better than expected profit for the second quarter.

Guggenheim initiated coverage of Netflix (Nasdaq: NFLX) with a Buy rating.
 
Second quarter earnings and revenue for Luminex (Nasdaq: LMNX) beat expectations.
 
On the downside

Bleecker Street Research reported that AAC (NYSE: AAC) knew in 2013 about a criminal investigation that resulted in a second degree murder indictment against former president Jerrod Menz.

On Deck Capital (NYSE: ONDK) swung to a profit for the second quarter but the company forecast current quarter and full year results below expectations.

Endologix (Nasdaq: ELGX) widened second quarter losses more than expected and lowered its full year guidance.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 eased a fraction to 2097. Bitcoin added $1 to $283.
A strong 1.8% increase in June factory orders lifted the markets to a higher open with the Dow rising 14 points to 17,613. Nasdaq added 4 points to 5,120.

On the upside

Shire offered to acquire Baxalta (NYSE: BXLT) for a premium of approximately $30 billion.

IPC Healthcare (Nasdaq: IPCM) agreed to be acquired by Team Health Holdings in an all cash deal valued at approximately $1.6 billion.
 
Abiomed (Nasdaq: ABMD) swung to a better than expected profit for the first quarter as revenue soared prompting the company to lift its full year forecast.
 
On the downside

TriNet Group (NYSE: TNET) fell to an unexpected loss for the second quarter even as revenue rose.

Cogenix (Nasdaq: CGNX) reported higher second quarter earnings and revenue but the company forecast disappointing third quarter results.

Scientific Games (Nasdaq: SGMS) widened losses for the second quarter.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 4 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 added 2 points to 2100. Bitcoin added $1 to $282.
The markets closed sharply lower with the Dow dropping 91 points to 17,598 as crude oil prices fell. Nasdaq lost 12 points to 5,115.

On the upside

Shares of Senomyx (Nasdaq: SNMX) continued surging.

Vital Therapies (Nasdaq: VTL) stock extended its gains.
 
A report that Samsung will cut its standard DRAM output lifted shares of rival Micron Technology (Nasdaq: MU).
 
On the downside

Profit taking sank shares of Amira Nature Foods (NYSE: ANFI).

Falling crude oil prices weighed down shares of Petrobras (NYSE: PBR).

Tyson Foods (NYSE: TSN) reported third quarter earnings and revenue that fell short of expectations and forecast full year earnings below estimates.

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 5 points to 2098. Bitcoin added $1 to $281.

Markets tumble as crude oil drops

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Falling crude oil prices sent the markets tumbling during the midday with the Dow plummeting 160 points to 17,529. Nasdaq fell 28 points to 5,100.

On the upside

Shares of Hutchinson Technology (Nasdaq: HTCH) extended its gains.

Global-Tech Advanced Innovations (Nasdaq: GAI) received an offer from chief executive John C.K. Sham to take the company private for a premium of $8.75 per share in cash.
 
Shares of A.M. Castle (NYSE: CAS) rose ahead of its earnings release tomorrow.
 
On the downside

Falling crude oil prices weighed down shares of Legacy Reserves (Nasdaq: LGCY) and Penn Virginia (NYSE: PVA).

Mizuho initiated coverage of AAC (NYSE: AAC) with a Neutral rating.

Shares of Twitter (NYSE: TWTR) continued falling.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 dropped 12 points to 2090. Bitcoin added $2 to $282.
Slowing manufacturing growth weighed the markets down to a lower open with the Dow losing 39 points to 17,650. Nasdaq added 6 points to 5,134.

On the upside

Lexicon Pharmaceuticals (Nasdaq: LXRX) reported positive results from a Phase 3 clinical trial of oral telotristat etiprate to treat cancer patients with carcinoid syndrome.

CDW (Nasdaq: CDW) reported higher second quarter earnings and revenue that surpassed analyst expectations.
 
Frontier Communications (Nasdaq: FTR) fell to a loss for the second quarter but the company expects cash flow to increase.
 
On the downside

RBC Capital Markets downgraded Linn Energy (Nasdaq: LINE) from an Outperform rating to a Sector Perform rating.

Investors locked in profits on Halcon Resources (NYSE: HK).

In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by 10 to 9 on Nasdaq. The broader S&P 500 slipped a point to 2102. Bitcoin added $1 to $281.

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