Financial News

Higher close over earnings

Positive earnings news lifted the markets to a higher close with the Dow gaining 61 points to 17,113. Nasdaq climbed 31 points to 4,456.

On the upside 

Blue Hills Bancorp (Nasdaq: BHBK) surged in its market debut.

Chipole Mexican Grill (NYSE: CMG) reported higher second quarter earnings and revenue that surpassed analyst expectations.

Woodward (Nasdaq: WWD) reported sharply higher second quarter earnings that more than doubled to beat expectations.

On the downside 

Second quarter earnings and revenue rose for Cadence Design Systems (Nasdaq: CDNS) but the company forecast current quarter earnings below expectations.

Pretium Resources (NYSE: PVG) priced its offering of 8.28 million common shares at the discounted price of $7.25 per share. 

CymaBay Therapeutics (Nasdaq: CBAY) priced its public offering of 4 million common shares at the discounted price of $5.50 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 9 points to 1983. Bitcoin eased a fraction to $617.

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