Mixed Close As Earnings Season Begins

The markets closed mixed with the Dow rising 26 points to 14,802 as third quarter earnings season began. Nasdaq lost 17 points to 3677.

On the upside

Shares of LDR Holding (Nasdaq: LDRH) on its first trading day.

Wall Street Journal reported that Darden Restaurants (NYSE: DRI) investor Barington Capital will urge the restaurant chain to split into two separate companies.

TheStreet noted that Tianli Agritech (Nasdaq: OINK) has soared during the U. S. government shutdown.

On the downside

Tower Group International (Nasdaq: TWGP) continued falling announcing yesterday that it must increase its reserves and take an impairment charge.

NQ Mobile (NYSE: NQ) priced its offering of convertible senior notes.

Profit taking sank shares of Sarepta Therapeutics (Nasdaq: SRPT).

In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 edged up a point to 1656.

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