The markets opened higher with Dow gaining 52 points to 18,120 despite flat April retail sales. Nasdaq climbed 28 points to 5,004.
On the upside
Williams Cos. (NYSE: WMB) will acquire Williams Partners (NYSE: WPZ) in an all stock deal valued at approximately $13.8 billion.
Gevo (Nasdaq: GEVO) narrowed losses for the first quarter as revenue surged.
Downloads of One Horizon Group's (Nasdaq: OHGI) Aishuo smartphone app surpassed 3 million.
On the downside
ResMed (NYSE: RMD) reported disappointing results from a Phase III trial of its sleep apnea treatment Adaptive Servo-Ventilation therapy.
Takeda Pharmaceutical has informed Orexigen Therapeutics (Nasdaq: OREX) that Takeda will end their collaboration agreement.
DuPont (NYSE: DD) shareholders rejected all four board nominees submitted by activist investor Nelson Peltz's Trian Fund Management.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by 3 to 2 on Nasdaq. The broader S&P 500 gained 7 points to 2106. Bitcoin added $1 to $242.
Higher open despite flat retail sales
May 13, 2015 at 10:44 AM EDT