Higher close as crude oil edges up

The markets closed higher with the Dow adding 4 points to 20,624 as crude oil prices edged up. Nasdaq gained 23 points to 5,838.


On the upside


MacDonald Dettwiler is reportedly interested in acquiring DigitalGlobe (NYSE: DGI) for between $2 billion to $3 billion.


Arista Networks (NYSE: ANET) reported higher fourth quarter earnings that topped analyst estimates.


SunPower (Nasdaq: SPWR) will supply 64.4 megawatts of solar panels for seven solar power plants in France.


On the downside


Orchid Island (NYSE: ORC) fell to a loss for the fourth quarter.


Yamana Gold (NYSE: AUY) reported a loss for the fourth quarter.

XTL Biopharmaceuticals (Nasdaq: XTLB) announced a registered direct offering of $2.5 million.


The broader S&P 500 index added 3 points to 2,351. Bitcoin climbed $24 to $1,047.


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