The markets closed higher with the Dow gaining 70 points to 18,120 after the European Central Bank agreed to release funds to Greece. Nasdaq surged 64 points to 5,163.
On the upside
TECO Energy (NYSE: TE) confirmed that it was exploring strategic options including a potential sale of the company.
Amira Nature Foods (NYSE: ANFI) reported higher fourth quarter earnings and revenue that topped analyst estimates.
Campus Crest Communities (NYSE: CCG) reversed year ago losses to post a profit for the second quarter as revenue climbed.
On the downside
Travelzoo (Nasdaq: TZOO) disappointed with lower second quarter earnings and revenue.
Penn Virginia (NYSE: PVA) will sell its East Texas assets.
Atlas Resource Partners (NYSE: ARP) will release second quarter results after market close on Thursday, August 6, 2015.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 climbed 16 points to 2124. Bitcoin slipped $2 to $276.
ECB releases funds to Greece, markets close higher
July 16, 2015 at 19:46 PM EDT
