Jobless Claims Fall But Markets Open Lower
First time applications for unemployment benefits fell last week but the markets opened lower with the Dow slipping 18 points to 12,913. Nasdaq lost 4 points to 2932.
On the upside
Sun Pharmaceutical Industries will pay a premium of $8 per share in cash to acquire Dusa Pharmaceuticals (Nasdaq: DUSA) .
SandRidge Energy (NYSE: SD) shareholder TPG-Axon Capital Management asked the board of directors to fire chief executive Tom Ward and sell the company. reported that Whiting Petroleum (NYSE: WLL) received an acquisition offer from Statoil. On the downside
Catalyst Pharmaceutical Partners (Nasdaq: CPRX) reported disappointing results from a Phase II(b) clinical trial of its cocaine addiction treatment CPP-109.
BioCryst (Nasdaq: BCRX) terminated a Phase 3 trial of its serious influenza treatment peramivir.
Universal Panel (Nasdaq: PANL) fell to an unexpected loss for the third quarter as revenue plunged.
In the broad market, advancing issues barely edged out decliners by a slim margin on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks held steady at 804.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here