Markets advance as home sales rebound

The markets advanced during the midday with the Dow climbing 42 points to 18,095 as existing home sales rebounded last month. Nasdaq rose 12 points to 4,953.


On the upside


Auris Surgical Robotics will pay a premium of approximately $80 million in cash to acquire Hansen Medical (Nasdaq: HNSN).


Manhattan Associates (Nasdaq: MANH) reported higher first quarter earnings and revenue that beat expectations and forecast full year results ahead of estimates.


Shares of Teck Resources (NYSE: TCK) climbed for the fourth day in a row.


On the downside


A national healthcare provider will not renew its distribution agreement with Owens & Minor (NYSE: OMI).


Clean Energy Fuels (Nasdaq: CLNE) entered an exchange agreement with certain note holders.


Argos Therapeutics (Nasdaq: ARGS) will cut 18 jobs and announced that chief operating officer Frederick M. Miesowicz will resign effective April 22.


In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by nearly 9 to 7 on Nasdaq. The broader S&P 500 added 2 points to 2,103. Bitcoin gained $7 to $436.

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