The markets opened flat with the Dow holding steady at 15,739 even as retail sales rose 0.7% in November. Nasdaq added 2 points to 4001.
On the upside
Coronado Biosciences (Nasdaq: CNDO) reported upbeat interim results from a pilot study of its autism treatment CNDO-201.
Adobe Systems (Nasdaq: ADBE) reported lower fourth quarter earnings but subscription revenue surged as subscribers increased.
InterCloud Systems (Nasdaq: ICLD) will acquire Integration Partners-NY.
On the downside
A bankruptcy judge ruled that Anadarko Petroleum (NYSE: APC) was liable for fraudulent transfers related to Kerr McGee's spinoff of Tronox and may pay up to $14 billion in damages.
Darling International (NYSE: DAR) priced its public offering of 40 million common shares at the discounted price of $19 per share.
Restoration Hardware (NYSE: RH) co-chief executive Carlos Alberini resigned.
In the broad market, advancing issues outpaced decliners by a margin of 9 to 7 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 held steady at 1775. Bitcoin rose $37.22 or 4.16% to $932.00.
