Crude oil prices edged up but the markets traded flat with the Dow slipping 4 points to 17,260. Nasdaq lost 11 points to 4,922.
On the upside
Trina Solar (NYSE: TSL) chief executive Jifan Gao and Shanghai Xingsheng Equity Investment & Management offered to take the Trina Solar private.
FXCM (NYSE: FXCM) will repurchase up to $130 million worth of company stock and continues discussions with Leucadia to restructure their existing Letter Agreement.
SolarCity (Nasdaq: SCTY) opened a new corporate office in Draper, Utah.
On the downside
Patriot National (NYSE: PN) announced a private placement of more than 1.66 million shares of common stock and warrants.
Basic Energy Services (NYSE: BAS) reported a sharply lower November rig utilization rate.
Falling crude oil prices weighed down shares of Ultra Petroleum (NYSE: UPL).
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 lost 3 points to 2,008. Bitcoin gained $11 to $443.
