Higher Close On Strong Earnings

Strong earnings lifted the markets to a higher close with the Dow gaining 28 points to 15,399. Nasdaq surged 51 points to 3914.

On the upside

Athenahealth (Nasdaq: ATHN) reported lower third quarter earnings but revenue surged and the electronic health record services provider added a record number of physicians to its cloud based services.

An arbitrator ruled that Valeant Pharmaceuticals (NYSE: VRX) must pay Anacor Pharmaceuticals (Nasdaq: ANAC) $100 million for a contract breach.

Chipotle Mexican Grill (NYSE: CMG) reported higher third quarter earnings as revenue rose.

On the downside

The Food and Drug Administration rejected the New Drug Application for pSivida's (Nasdaq: PSDV) Iluvien.

J. C. Penney (NYSE: JCP) will open on Thanksgiving evening at 8pm for the start of the holiday shopping season.

A Seeking Alpha contributor wrote that Opko Health (Nasdaq: OPK) was worth very little.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 climbed 11 points to 1744.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here