The markets opened mixed with the Dow gaining 31 points to 17,991 while Nasdaq lost 7 points to 5,098 as first time applications for unemployment benefits rose.
On the upside
Lattice Semiconductor (Nasdaq: LSCC) will be acquired by Canyon Bridge Capital Partners in a deal valued at approximately $1.3 billion.
Marathon Oil (NYSE: MRO) narrowed third quarter losses more than expected.
Transocean (NYSE: RIG) reported better than expected earnings for the third quarter.
On the downside
Fitbit (NYSE: FIT) reported lower third quarter earnings and forecast current quarter revenue well below analyst expectations.
Diplomat Pharmacy (NYSE: DPLO) disappointed with sharply lower third quarter earnings and cut its full year forecast prompting a downgrade.
TreeHouse Foods (NYSE: THS) reported lower than expected third quarter earnings and cut its full year guidance.
In the broad market, advancing issues outpaced decliners by more than 9 to 7 on the NYSE and by nearly 9 to 7 on Nasdaq. The broader S&P 500 added 2 points to 2,100. Bitcoin eased to $724.
