The markets opened mixed with the Dow rising 7 points to 20,921 as the Federal Reserve's open market committee began. Nasdaq slipped 7 points to 6,084.
On the upside
IAC will pay a premium of approximately $500 million to acquire Angie's List (Nasdaq: ANGI).
Chegg (NYSE: CHGG) narrowed losses for the first quarter and forecast second quarter revenue ahead of estimates.
Tenet Healthcare (NYSE: THC) narrowed first quarter losses and announced plans to sell its acute care hospitals and related operations in Houston, Texas to HCA Holdings for approximately $725 million.
On the downside
AMD (Nasdaq: AMD) reported a loss for the first quarter.
Celadon Group (NYSE: CGI) warned of losses for the third quarter and signed a term sheet for a new $225 million revolving credit facility.
Lumber Liquidators (NYSE: LL) disappointed with a greater than expected loss for the first quarter.
The broader S&P 500 index eased a fraction to 2,387. Bitcoin climbed $31 to $1425.
