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NASDAQ Hits 5K for the First Time in 15 Years

Posted by Barry on Mar 2, 2015 1:55:00 PM

Market News

Markets are up by mid-day and the NASDAQ hits 5K for the first time in 15 years. The month of February was strong with YTD gains  of over 2.75% for the Dow, 2.90% for the Sand P, and the tech heavy NASDAQ up over 5% YTD.

Stock News

Hewlett-Packard (HPQ) has made a bid to acquire Aruba Networks (ARUN) for $24.67 per share. Lumber Liquidators (LL) is down over 21% after a “60 Minutes” news cast that alleges possible health and safety violations.

Earnings Release

Symbol

Company Name

Estimate

Current Price

Earnings Date

ACRX

AcelRX Pharma

-.29

9.10

3/2/15

ARNA

Arena Pharma

-.21

4.30

3/2/15

PANW

Palo Alto

-.13

144.67

3/2/15

SLXP

Salix Pharma

.08

156.99

3/2/15

 

 

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