Higher Open On Election Day
The markets opened higher on election day with the Dow climbing 75 points to 13,188. Nasdaq edged up a fraction to 3000.
On the upside
Jive Software (Nasdaq: JIVE) reported higher revenue and a smaller than expected loss for the third quarter.
The New York State Department of Health granted final approval for Rosetta Genomics' (Nasdaq: ROSG) miRview lung cancer identification diagnostic.
Office Depot (NYSE: ODP) fell to a third quarter loss but the results were better than expected. On the downside
ServiceSource International (Nasdaq: SREV) widened third quarter losses, forecast a loss for the current quarter and lowered its full year revenue guidance.
Express Scripts Holding (Nasdaq: ESRX) reported higher third quarter earnings but warned of weakness in 2013.
Zillow (Nasdaq: Z) swung to a profit for the third quarter but the company forecast current quarter revenue below expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks added 4 points to 823.
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