The markets opened mixed with the Dow rising 13 points to 16,957 while Nasdaq slipped 2 points to 4,704 as the nation’s employers added a stronger than expected 242,000 jobs in February.
On the upside
Seadrill (NYSE: SDRL) settled a Total Return Swap agreement and entered a new TRS agreement.
SunEdison (NYSE: SUNE) settled legal issues related to its failed acquisition of Latin American Power Holdings.
AMC Entertainment Holdings (NYSE: AMC) will pay a premium to acquire Carmike Cinemas (Nasdaq: CKEC) in a deal valued at approximately $1.1 billion.
On the downside
Vitae Pharmaceuticals (Nasdaq: VTAE) widened losses for the fourth quarter prompting a downgrade.
H&R Block (NYSE: HRB) widened third quarter losses more than expected as revenue fell.
Nimble Storage (NYSE: NMBL) widened losses for the fourth quarter and forecast current quarter earnings below expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 held steady at 1,993. Bitcoin held steady at $420.
