Higher open as producer prices rise

A gain in producer prices lifted the markets to a higher open with the Dow rising 23 points to 17,671. Nasdaq gained 23 points to 4,694.

On the upside

SunEdison (NYSE: SUNE) and its subsidiary TerraForm Power will pay approximately $2.4 billion to acquire First Wind.

JA Solar Holdings (Nasdaq: JASO) swung to a better than expected profit for the third quarter as revenue surged.

Shares of Virgin America (Nasdaq: VA) continued climbing.

On the downside

Urban Outfitters (Nasdaq: URBN) disappointed with lower third quarter earnings that fell short of analyst expectations prompting a downgrade.

Oppenheimer downgraded Himax Technologies (Nasdaq: HIMX) from an Outperform rating to a Perform rating.

Shares of eHi Car Services (NYSE: EHIC) fell on its first trading day.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 added 3 points to 2045. Bitcoin lost $8 to $376.
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