The markets closed mixed with the Dow slipping 7 points to 16,437 as disappointing jobs data sparked speculation that the Federal Reserve may alter its tapering program. Nasdaq rose 18 points to 4174.
On the upside
Ballard Power Systems (Nasdaq: BLDP) sold 400 kilowatts of FCgen01300 fuel cell stack product to M-Field Energy.
TheStreet named China Jo-Jo Drugstores (Nasdaq: CJJD) as one of five stocks trading under $10 that was poised to soar.
H.I.G. Capital will acquire American Pacific (Nasdaq: APFC) in an all cash deal valued at approximately $392 million.
On the downside
A federal court said that Bazaarvoice’s (Nasdaq: BV) acquisition of competitor PowerReviews was anticompetitive and blocked the purchase.
Aegerion Pharmaceuticals (Nasdaq: AEGR) reported preliminary unaudited 2013 revenue below analyst expectations and announced that the Justice Department subpoenaed documents related to the marketing and sale of its cholesterol disorder drug Juxtapid.
Deutsche Bank downgraded Ambarella (Nasdaq: AMBA) from a Buy rating to a Hold rating.
In the broad market, advancing issues outpaced decliners by a margin of 5 to 2 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 rose 4 points to 1842. Bitcoin rose $10.37 or 1.10% to $945.49.
