The markets opened flat with the Dow rising 10 points to 16,662 as jobless claims rose more than expected. Nasdaq added 2 points to 4436.
On the upside
Plug Power (Nasdaq: PLUG) swung to a profit for the second quarter as revenue surged.
Shares of Arrowhead Research (Nasdaq: ARWR) extended its gains.
A Chinese group of investors led by Hua Capital Management offered a premium of $29 per share in cash to acquire OmniVision Technologies (Nasdaq: OVTI) .
On the downside
Noodles & Co. (Nasdaq: NDLS) reported higher second quarter earnings and revenue but the results fell short of analyst expectations prompting the company to lower its full year outlook.
E-Commerce China Dangdang (NYSE: DANG) reversed year ago losses to post a profit for the second quarter as revenue rose but the stock price fell.
Energy XXI (Nasdaq: EXXI) fell to a loss for the fourth quarter.
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 added a point to 1948. Bitcoin eased $1 to $539.
