Jobs growth disappoints, markets open lower

The nation added fewer jobs than expected in July to weigh the markets down to a lower open with the Dow losing 40 points to 16,522. Nasdaq slipped 8 points to 4361.

On the upside

Scientific Games (Nasdaq: SGMS) will pay a premium of approximately $3.3 billion in cash to purchase Bally Technologies (NYSE: BYI).

LinkedIn (NYSE: LNKD) fell to a loss for the second quarter but the results surpassed analyst expectations as revenue surged and the company forecast current quarter results ahead of estimates.

Procter & Gamble (NYSE: PG) reported sharply higher fourth quarter earnings that topped analyst estimates.

On the downside Group (Nasdaq: WWWW) narrowed second quarter losses but revenue fell short of expectations. The company also announced that it acquired local online directory company in the United Kingdom, Scoot.

ServiceSource International (Nasdaq: SREV) widened second quarter losses more than expected as revenue slipped.

YRC Worldwide (Nasdaq: YRCW) narrowed losses for the second quarter but the results fell far short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 slipped a point to 1929. Bitcoin rose $8 to $588.

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