The markets opened flat with the Dow adding 2 points to 15,402 as sales of existing homes fell. Nasdaq rose 15 points to 3929.
On the upside
Marlin Equity Partners will take Tellabs (Nasdaq: TLAB) private for $891 million.
Hasbro (Nasdaq: HAS) reported higher third quarter earnings and revenue that topped analyst estimates.
Shares of Voxeljet (NYSE: VJET) continued rising after a successful IPO on Friday.
On the downside
Shares of J. C. Penney (NYSE: JCP) fell as garment factories in Bangladesh prepare to raise the minimum wage.
Halliburton (NYSE: HAL) reported higher third quarter earnings but revenue fell short of analyst expectations.
A Seeking Alpha contributor wrote that shipping rates will drop for DryShips (Nasdaq: DRYS).
In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 added 2 points to 1746.
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