Mixed close on earnings and jobless data

The markets markets closed mixed with the Dow slipping 19 points to 17,049 as upbeat earnings tempered concerns about an increase in jobless claims. Nasdaq rose 5 points to 4,591.

On the upside

T.H. Capital initiated coverage of Weibo (Nasdaq: WB) with a Buy rating.

Gogo (Nasdaq: GOGO) partnered with T-Mobile (NYSE: TMUS) to provide free texting and voicemail to T-Mobile customers on Gogo equipped domestic flights.

Vail Resorts (NYSE: MTN) will pay approximately $182.5 million in cash to acquire Park City Mountain Resort.

On the downside

Brady (NYSE: BRC) narrowed losses for the fourth quarter but the results fell short of analyst expectations.

Concerns about increased ethanol imports from Brazil weighed down shares of Pacific Ethanol (Nasdaq: PEIX).

Investors continued to lock in profits on On Track Innovations (Nasdaq: OTIV).

In the broad market, advancing issues outpaced decliners by a margin of 9 to 7 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 added a point to 1997. Bitcoin lost $5 to $472.
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