The markets closed lower with the Dow slipping 8 points to 15,967 as investors digested corporate earnings news. Nasdaq lost 17 points to 3931.
On the upside
A Seeking Alpha contributor expects SGOCO Group (Nasdaq: SGOC) to report impressive earnings tomorrow.
Devon Energy (NYSE: DVN) was moving closer to finalizing an agreement to acquire GeoSouthern Energy for approximately $6 billion.
A Seeking Alpha contributor defended Tile Shop Holdings (Nasdaq: TTS) against allegations for fraud that were made by Gotham City.
On the downside
ChinaCache International Holdings (Nasdaq: CCIH) fell to a loss for the third quarter.
Albany Molecular Research (Nasdaq: AMRI) announced a private offering of $100 million in convertible senior notes.
Oiltanking Partners (NYSE: OILT) priced its public offering of 2.6 million common units at the discounted price of $61.65 per common unit.
In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 slipped 3 points to 1787.
