The markets opened flat with the Dow adding 4 points to 15,475 as first time applications for unemployment benefits edged up. Nasdaq eased a fraction to 3653.
On the upside
Groupon (Nasdaq: GRPN) fell to a loss for the second quarter but revenue rose to top analyst estimates. The daily deals company also named Eric Lefkofsky as its permanent chief executive and announced a $300 million stock repurchase plan.
Tesla Motors (Nasdaq: TSLA) narrowed second quarter losses more than expected as revenue surged ahead of estimates.
Turquoise Hill Resources (NYSE: TRQ) received a $235 million advance payment from Sumeru Gold for its 50% stake in Altynalmas Gold.
On the downside
Opexa Therapeutics (Nasdaq: OPXA) priced its public offering of 12 million common shares at the discounted price of $1.50 per share.
Stereotaxis (Nasdaq: STXS) fell to a loss for the second quarter as revenue slipped.
Halcon Resources (NYSE: HK) priced its offering of 38 million common shares at the discounted price of $5.10 per share.
In the broad market, advancing issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 added a point to 1692.
