Mixed open as Greece negotiates debt relief

The markets opened mixed with the Dow rising 8 points to 17,675 while Nasdaq dropped 25 points to 4,702 as Greece approached the European Central Bank to negotiate debt relief.

On the upside

Viggle (Nasdaq: VGGL) widened losses for the second quarter but revenue climbed and the number of registered users grew by nearly one million to 7.9 million.

Entropic Communications (Nasdaq: ENTR) widened fourth quarter losses as revenue fell but the company announced that it was being acquired by MaxLinear (NYSE: MXL) in cash and stock deal valued at approximately $287 million.

Clean Harbors (NYSE: CLH) will pay approximately $85 million in cash to acquire Nuverra Environmental Solutions' (NYSE: NES) Thermo Fluids subsidiary.

On the downside

Myriad Genetics (Nasdaq: MYGN) reported sharply lower second quarter earnings as revenue fell, announced the retirement of president and chief executive officer Peter D. Meldrum, forecast current quarter results below expectations, and cut its full year outlook.

Mueller Water Products (NYSE: MWA) fell to a greater than expected loss for the first quarter.

Gilead Sciences (Nasdaq: GILD) impressed with sharply higher fourth quarter earnings but the company forecast full year revenue below expectations and announced discounts for its hepatitis C treatments.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 slipped 6 points to 2043. Bitcoin eased $3 to $224.