The markets opened mixed with the Dow rising 26 points to 16,479 while Nasdaq lost 15 points to 4,518 as Turkey retaliated against Kurds for a bomb that killed 28 people in Ankara.
On the upside
Tianjin Tianhai Investment will pay a premium of approximately $6 billion to acquire Ingram Micro (NYSE: IM).
Athersys (Nasdaq: ATHX) reported upbeat one-year results from a Phase 2 clinical study of MultiStem cell therapy to treat ischemic stroke patients.
Aerie Pharmaceuticals (Nasdaq: AERI) reported successful 12-month interim safety results for a Phase 3 registration trial for Rhopressa to lower intraocular pressure in patients with glaucoma.
On the downside
First quarter earnings for Jack in the Box (Nasdaq: JACK) fell short of analyst expectations.
SunEdison (NYSE: SUNE) will close its Pasadena, Texas facility and sell its Kuching, Malaysia facility.
ARRIS International (Nasdaq: ARRS) disappointed with sharply lower fourth quarter earnings.
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 5 on both the NYSE and on Nasdaq. The broader S&P 500 slipped 2 points to 1,924. Bitcoin added $2 to $420.
