The markets recovered to close flat with the Dow rising 13 points to 17,515 as durable goods orders fell less than expected last month. Nasdaq added 4 points to 4,773.
On the upside
Mercury Systems (NYSE: MRY) will acquire the embedded security and custom microelectronics businesses of Microsemi (Nasdaq: MSCC).
NQ Mobile (NYSE: NQ) announced a further arrangement to its FL Mobile Divestment.
Taiwan’s Fair Trade Commission suspended a regulatory review of Advanced Semiconductor Engineering’s hostile takeover of Siliconware Precision Industries (Nasdaq: SPIL).
On the downside
DS Healthcare Group (Nasdaq: DSKX) must restate financials for the quarters ended June 30, 2015 and September 30, 2015 due to errors.
Sportsman’s Warehouse (Nasdaq: SPWH) reported higher fourth quarter earnings and revenue but the company forecast current quarter and full year revenue that fell short of expectations.
Vitae Pharmaceuticals (Nasdaq: VTAE) priced its public offering of approximately 5.83 million common shares at the discounted price of $6.00 per share.
In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE and by 5 to 4 on Nasdaq. The broader S&P 500 eased a fraction to 2,035. Bitcoin slipped $1 to $416.
