Mixed open as crude oil slips

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The markets opened mixed with the Dow gaining 45 points to 24,335 as crude oil prices eased. Nasdaq lost 16 points to 6,759.


On the upside


Regal Entertainment (NYSE: RGC) will be acquired by Cineworld Group for approximately $3.6 billion in cash.


HD Supply (Nasdaq: HDS) reported higher third quarter earnings and revenue that topped analyst expectations.


Barclays upgraded Snap (NYSE: SNAP) from an Equal Weight rating to an Overweight rating and lifted its price target from $11 to $18 per share. 


On the downside 


Advisors Asset Management sold more than 10% of its stake in Edison International (NYSE: EIX) in the third quarter.


Fourth quarter earnings and revenue for Toll Brothers (NYSE: TOL) fell short of expectations. 


Retreating gold prices weighed down shares of Sibanye Gold (NYSE: SBGL).


In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by nearly 9 to 8 on Nasdaq. The broader S&P 500 held steady at 2,639. Bitcoin leaped $301 to $11,751.


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