Lower open as trade deficit widens

The markets opened lower with the Dow easing a fraction to 17,365 as the nation's trade deficit widened in September. Nasdaq lost 11 points to 4,627.

On the upside

Office Depot (Nasdaq: ODP) reported lower third quarter earnings but the results were better than expected.

Monster Worldwide (NYSE: MWW) fell to a loss for the third quarter but the results topped analyst estimates and the company the immediate departure of Salvatore Iannuzzi as president and chief executive.

Plug Power (Nasdaq: PLUG) signed a long term hydrogen distribution agreement with Praxair (NYSE: PX).

On the downside

Sprint (NYSE: S) widened losses more than expected and announced the elimination of 2,000 positions.

RetailMeNot (Nasdaq: SALE) reported sharply lower third quarter earnings, forecast current quarter revenue below estimates and named Louis J. Agnese to the position of interim chief financial officer to replace Douglas C. Jeffries.

Herbalife (NYSE: HLF) reported higher third quarter earnings but the results fell short of analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and 10 to 9 on Nasdaq. The broader S&P 500 lost 5 points to 2012. Bitcoin added $2 to $326.
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