The markets opened lower with the Dow slipping 13 points to 17,639 as the Eurozone grew at a sluggish pace in the third quarter. Nasdaq lost 9 points to 4,670.
On the upside
Geron (Nasdaq: GERN) entered a license and collaboration agreement with Janssen Biotech to develop and commercialize Geron's telomerase inhibitor imetelstat.
Baker Hughes (NYSE: BHI) confirmed that it had discussions with Halliburton (NYSE: HAL) for a possible merger.
Pandora (Nasdaq: P) chairman and chief executive Brian McAndrew bought 25,000 shares of company stock.
On the downside
Shares of Plug Power (Nasdaq: PLUG) extended its losses.
Hertz Global (NYSE: HTZ) must restate financial results for 2011, 2012 and 2013.
EnLink Midstream Partners (NYSE: ENLK) priced its public offering of 10.5 million common units at the discounted price of $28.37 per unit.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 eased a fraction to 2038. Bitcoin lost $18 to $396.
Sluggish Eurozone growth, markets open lower
November 14, 2014 at 09:43 AM EST