Financial News

Mixed Close Over Earnings

The markets closed mixed with the Dow losing 44 points to 16,414 as investors monitored earnings news. Nasdaq climbed 28 points to 4225.

On the upside

Shares of Geron (Nasdaq: GERN) continued rising after a Seeking Alpha contributor wrote on Friday that Geron was undervalued.

Market Realist expects crude oil tankers to recover sending shares of Nordic American Tankers (NYSE: NAT) and Teekay Tankers (NYSE: TNK) higher.

Ironwood Pharmaceuticals (Nasdaq: IRWD) widened fourth quarter losses but the results were better than expected.

On the downside


LKQ (Nasdaq: LKQ) confirmed that Chrysler filed a patent infringement claim against the company and asserted that the suit was without merit.

Credit Suisse downgraded 3D Systems (NYSE: DDD) from an Outperform rating to a Neutral rating.

ZipRealty (Nasdaq: ZIPR) warned on Friday after market close that fourth quarter and full year revenue would fall short of expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 gained 5 points to 1843. Bitcoin eased $1.00 or 0.10% to $968.00.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback