On the upside
JMP Securities affirmed its Outperform rating on Ziopharm Oncology (Nasdaq: ZIOP).
Toyota Industries will pay a premium of approximately $65 per share in cash to acquire Cascade (NYSE: CASC).
On the downside
The Food and Drug Administration received reports that Monster Beverage (Nasdaq: MNST) energy drinks were linked to five deaths.
Finacity facilitated a $150 million securitization for Manitowoc (NYSE: MTW).
Avid Technology (Nasdaq: AVID) warned of wider losses for the third quarter.
In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and while decliners barely edged out advancers by a slim margin on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 820.