The markets opened mixed with the Dow adding 5 points to 17,716 while Nasdaq lost 12 points to 4,747 as jobless claims unexpectedly rose last week.
On the upside
LSB Industries (NYSE: LXU) will sell its Climate Control Business to NIBE Industrier for $364 million.
Bloomberg reported that Infoblox (NYSE: BLOX) received an acquisition offer from Thoma Bravo.
Jack in the Box (Nasdaq: JACK) reported higher second quarter earnings that surpassed analyst expectations.
On the downside
Himax Technologies (Nasdaq: HIMX) reported higher first quarter earnings and revenue but the stock price fell.
First quarter earnings and revenue for CPI Card Group (Nasdaq: PMTS) fell short of expectations prompting the company to slash its full year forecast.
Kohl's (NYSE: KSS) disappointed with lower first quarter earnings and revenue that missed expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 added 2 points to 2,066. Bitcoin added $1 to $452.
