The markets opened mixed with the Dow losing 35 points to 15,266 while Nasdaq added 2 points to 3817 as investors continued to monitor developments in Washington.
On the upside
Amarin (Nasdaq: AMRN) will host a live webcast tomorrow, October 16, to discuss results of the Food and Drug Administration advisory committee.
Financial Times reported that Nokia (NYSE: NOK) will offer a free one year subscription to Netflix with the purchase of a Lumia 1020 for customers in the UK.
Charles Schwab (NYSE: SCHW) reported higher third quarter earnings and revenue that beat analyst expectations.
On the downside
Molycorp (NYSE: MCP) will raise capital through the sale of $200 million worth of common stock.
Teradata (NYSE: TDC) warned that third quarter earnings and revenue would fall far short of analyst expectations and cut its full year guidance.
Coldwater Creek (Nasdaq: CWTR) retained the services of Perella Weinberg Partners to explore strategic alternatives including the possible sale of the company.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 slipped 2 points to 1707.
