The markets opened higher with Dow rising 36 points to 17,995 as crude oil prices continued to advance. Nasdaq rose 4 points to 4,979.
On the upside
Shares of Voltari (Nasdaq: VLTC) continued soaring.
Excel Trust (NYSE: EXL) will be acquired by Blackstone Property Partners (NYSE: BX) in an all cash deal valued at approximately $2 billion.
General Electric (NYSE: GE) will sell most of its financial business, GE Capital, in order to focus on its industrial manufacturing business.
On the downside
Extreme Networks (Nasdaq: EXTR) reported preliminary third quarter results that fell short of previous guidance and announced the resignation of chief revenue officer Jeff White.
Citrix Systems (Nasdaq: CTXS) warned that first quarter earnings and revenue would miss its prior forecast prompting a downgrade.
unique (Nasdaq: QURE) priced its follow-in public offering of 3 million common shares at the discounted price of $29.50 per share.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 rose 5 points to 2096. Bitcoin lost $6 to $234.
Higher open as oil continues rising
April 10, 2015 at 10:43 AM EDT