The markets opened mixed with the Dow slipping 12 points to 14,951 while Nasdaq gained 11 points to 3650 after a three hour outage paralyzed Nasdaq yesterday.
On the upside
Microsoft (Nasdaq: MSFT) chief executive Steve Ballmer will retire within the next year.
Jefferies Group upgraded Renren (NYSE: RENN) from an Underperform rating to a Hold rating.
Second quarter earnings slipped for Autodesk (Nasdaq: ADSK) but the results beat analyst expectations.
On the downside
Pandora Media (NYSE: P) widened second quarter losses and forecast current quarter earnings below expectations prompting a downgrade.
Aeropostale (NYSE: ARO) fell to a greater than expected loss for the second quarter and warned of significant losses for the third quarter.
Marvell Technology Group (Nasdaq: MRVL) reported lower second quarter earnings and revenue.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 added a point to 1657.
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 Six Financial
Postage Rates Bots go here