Mixed close as oil and gold prices rise

The markets closed mixed with the Dow rising 14 points to 16,921 as oil and gold prices rose. Nasdaq slipped 3 points to 4,359.

On the upside

Bloomberg reported that Energy Transfer Equity may make an offer to acquire Targa Resources (NYSE: TRGP).

Craig-Hallum initiated coverage of Senomyx (Nasdaq: SNMX) with a Buy rating and a price target of $16.50.

Rising gold price lifted shares of Eldorado Gold (NYSE: EGO) and McEwen Mining (NYSE: MUX).

On the downside

Rumors circulated that China Mobile Game (Nasdaq: CMGE) fired nine executives including president Ying Shuling.

Arrowhead Research (Nasdaq: ARWR) a new RNAi therapeutic clinical candidate ARC-AAT.

TheStreet Ratings affirmed its Sell rating on Plug Power (NYSE: PLUG).

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE while decliners edged out advancers by nearly 5 to 4 on Nasdaq. The broader S&P 500 added 2 points to 1959. Bitcoin slipped $4.70 or 0.79% to $598.73.

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