Flat open even as factory production rises

Factory production rose 0.2% in September but the markets opened flat with the Dow easing a point to 18,136 while Nasdaq added a point to 5,215.


On the upside


RLJ Entertainment (Nasdaq: RLJE) entered a strategic partnership with AMC Networks.


Supervalu (NYSE: SVU) will sell its Save-A-Lot business to Canadian private equity firm Onex for approximately $1.3 billion in cash.


Hasbro (Nasdaq: HAS) reported higher third quarter earnings and revenue that topped analyst estimates.


On the downside


The Food and Drug Administration's Office of Drug Evaluation denied an appeal by PTC Therapeutics (Nasdaq: PTCT) of the regulatory agency's refuse to file letter.


Lending Club (NYSE: LC) increased interest rates on its loans and tightened its credit standards.


Shares of Tokai Pharmaceuticals (Nasdaq: TKAI) extended its losses.


In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while decliners narrowly outpaced advancers on Nasdaq. The broader S&P 500 edged up a fraction to 2,133. Bitcoin rose to $638.

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.