The markets markets closed mixed with the Dow slipping 19 points to 17,049 as upbeat earnings tempered concerns about an increase in jobless claims. Nasdaq rose 5 points to 4,591.
On the upside
T.H. Capital initiated coverage of Weibo (Nasdaq: WB) with a Buy rating.
Gogo (Nasdaq: GOGO) partnered with T-Mobile (NYSE: TMUS) to provide free texting and voicemail to T-Mobile customers on Gogo equipped domestic flights.
Vail Resorts (NYSE: MTN) will pay approximately $182.5 million in cash to acquire Park City Mountain Resort.
On the downside
Brady (NYSE: BRC) narrowed losses for the fourth quarter but the results fell short of analyst expectations.
Concerns about increased ethanol imports from Brazil weighed down shares of Pacific Ethanol (Nasdaq: PEIX).
Investors continued to lock in profits on On Track Innovations (Nasdaq: OTIV).
In the broad market, advancing issues outpaced decliners by a margin of 9 to 7 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 added a point to 1997. Bitcoin lost $5 to $472.
Mixed close on earnings and jobless data
September 11, 2014 at 18:04 PM EDT