On the upside
BFC Financial will pay a premium of approximately $150 million in cash to acquire Bluegreen (NYSE: BXG).
Helmerich & Payne (NYSE: HP) reported higher fourth quarter earnings and revenue that beat analyst expectations. On the downside
DryShips (Nasdaq: DRYS) fell to a loss for the third quarter as shipping rates dropped.
Dun & Bradstreet (NYSE: DNB) will not be selling itself.
The Children's Place (Nasdaq: PLCE) reported higher third quarter earnings but the retailer disappointing current quarter results and cut its full year guidance.
In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 3 points to 769.