The markets rebounded to open higher with the Dow rising 43 points to 15,165 after yesterday's sharp sell-off. Nasdaq added 3 points to 3440.
On the upside
Apollo Tyres will pay a premium of approximately $2.22 billion in cash to acquire Cooper Tire & Rubber (NYSE: CTB).
Ulta Salon, Cosmetics & Fragrance (Nasdaq: ULTA) reported higher first quarter earnings and revenue that surpassed analyst expectations.
Tudor Pickering upgraded Spectra Energy (NYSE: SE) from Accumulate to Buy.
On the downside
A Seeking Alpha contributor wrote that Celsion (Nasdaq: CLSN) was a good stock to short and expects the share price to plunge 50%.
Shares of ARMOUR Residential REIT (NYSE: ARR) began trading ex-dividend today.
Investors locked in profits on Kandi Technologies (Nasdaq: KNDI).
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE and by more than to 9 to 7 on Nasdaq. The broader S&P 500 index rose 4 points to 1630.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here