The markets closed lower with the Dow falling 41 points to 17,581 as crude oil prices dropped. Nasdaq slipped 4 points to 5,030.
On the upside
Pacira Pharmaceuticals (Nasdaq: PCRX) swung to a greater than expected profit for the third quarter as revenue rose.
Ctrip.com (Nasdaq: CTRP) will acquire a 445% stake in Qunar Cayman Islands (Nasdaq: QUNR) in a stock swap deal with Baidu (Nasdaq: BIDU).
Isis Pharmaceuticals (Nasdaq: ISIS) will host a webcast on Tuesday, November 3 to review ISIS-TTR data that was presented at the 1st European Congress of Hereditary ATTR Amyloidosis and provide a Phase 3 development plan update.
On the downside
Hi-Crush Partners (NYSE: HCLP) fell to a loss for the third quarter as revenue dropped and suspended its quarterly dividend.
Peabody Energy (NYSE: BTU) widened third quarter losses as revenue fell and warned that coal demand will continue to drop.
Knowles (NYSE: KN) widened losses for the third quarter.
In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 lost 5 points to 2,065. Bitcoin gained $9 to $292.
