Lower open ahead of ECB policy changes

The markets opened lower with the Dow losing 22 points to 16,676 as investors await European Central Bank policy changes next week. Nasdaq slipped 2 points to 4,245.

On the upside

OmniVision Technologies (Nasdaq: OVTI) reported sharply higher fourth quarter earnings that surpassed analyst expectations by a wide margin and forecast current quarter results above estimates.

NQ Mobile (NYSE: NQ) lifted its first quarter revenue outlook and entered an agreement to sell a minority interest in its wholly owned subsidiary FL Mobile.

Retrophin (Nasdaq: RTRX) entered a license agreement with Mission Pharmacal for the U.S. marketing rights to Thiola.

On the downside

Infoblox (NYSE: BLOX) widened losses for the third quarter and announced the departure of chief executive Robert Thomas.

DARA BioSciences (Nasdaq: DARA) priced its public offering at $1.11 per share.

Splunk (Nasdaq: SPLK) widened losses for the first quarter.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while delivers barely edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 added a point to 1921. Bitcoin gained $43.08 or 7.09% to $607.32.

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