Financial News

Lower open as durable goods orders drop

Durable goods orders tumbled 5.1% in December to weigh the markets down to a lower open with the Dow falling 62 points to 15,881. Nasdaq lost 18 points to 4,449.


On the upside


Under Armour (NYSE: UA) reported higher fourth quarter earnings and revenue that beat expectations and forecast 2016 revenue ahead of estimates.


The Food and Drug Administration approved Neos Therapeutics' (Nasdaq: NEOS) attention deficit/hyperactivity disorder treatment Adzenys XR-ODT for patients six years and older.


Amedica (Nasdaq: AMDA) will make four presentations for its proprietary silicon nitride composition at the Orthopaedic Research Society Annual Meeting in March.


On the downside


ServiceNow (NYSE: NOW) reported a loss for the fourth quarter and forecast 2016 revenue that missed expectations.


Juniper Networks (NYSE: JNPR) forecast current quarter results below expectations and announced the resignation of chief financial officer Robyn Denholm.


eBay (Nasdaq: EBAY) reported lower fourth quarter earnings and forecast current quarter results that missed estimates.


In the broad market, advancing issues outpaced decliners by a margin of nearly 6 to 1 on the NYSE and by 3 to 1 on Nasdaq. The broader S&P 500 climbed 16 points to 1,899. Bitcoin dropped $11 to $383.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback