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2021-04-12
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Mid-Morning Market Update: Markets Open Lower; Microsoft To Acquire Nuance
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The S&P also fell, dropping 0.20% to 4,120.48.","content":"<html><body><p>Following the market opening Monday, the Dow traded down 0.27% to 33,708.58 while the NASDAQ fell 0.54% to 13,825.03. The S&P also fell, dropping 0.20% to 4,120.48.</p>\n<p>The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 31,197,870 cases with around 562,060 deaths. India confirmed a total of at least 13,527,710 cases and 170,170 deaths, while Brazil reported over 13,482,020 COVID-19 cases with 353,130 deaths. In total, there were at least 136,101,000 cases of COVID-19 worldwide with more than 2,937,730 deaths, according to data compiled by Johns Hopkins University.</p>\n<p>\n<strong>Leading and Lagging Sectors</strong></p>\n<p>\r\nUtilities shares rose 0.4% on Monday. Meanwhile, top gainers in the sector included <strong> Huaneng Power International, Inc.</strong> (NYSE:HNP), up 2%, and <strong> <a href=\"https://laohu8.com/S/BKHU\">Black Hills Corporation</a></strong> (NYSE:BKH), up 1.5%.</p>\n<p>\r\nIn trading on Monday, information technology shares fell 0.7%.</p>\n<p>\n<strong>Top Headline</strong></p>\n<p><strong>Microsoft Corporation</strong> (NASDAQ:MSFT) has become the final bidder for <strong><a href=\"https://laohu8.com/S/NUANV\">Nuance Communications Inc</a></strong> (NASDAQ:NUAN), the company that helped develop Apple’s Siri speech technology for $56 per share.</p>\n<p>The deal price implies a 23% premium to NUAN's Friday closing price of $45.58, valuing the all-cash transaction at $19.7 billion, inclusive of Nuance's net debt.</p>\n<p>\n<strong>Equities Trading UP</strong></p>\n<p>\n<strong>Wilhelmina International, Inc.</strong> (NASDAQ:WHLM) shares shot up 41% to $7.82 after the company's 13D filing showed that Modell's Sporting Goods had reported a stake of 18.4% in the company on Friday.</p>\n<p>\r\nShares of <strong> <a href=\"https://laohu8.com/S/IKNA\">Ikena Oncology, Inc.</a></strong> (NASDAQ:IKNA) got a boost, shooting 28% to $20.56. The company, last month, priced its IPO at $16 per share.</p>\n<p>\n<strong>Xtant Medical Holdings, Inc.</strong> (NASDAQ:XTNT) shares were also up, gaining 14% to $2.55. Xtant Medical, last week, filed for resale of up to 16 million shares by selling stockholders.</p>\n<p>\n<em>Check out these big movers of the day</em></p>\n<p>\n<strong>Equities Trading DOWN</strong></p>\n<p><strong>iRhythm Technologies, Inc..</strong> (NASDAQ:IRTC) shares tumbled 37% to $84.13 after the company said it will not be able to provide its Zio XT device to Medicare patients if reimbursement rates remain unchanged. Baird maintained iRhythm Technologies with a Neutral and lowered the price target from $170 to $80.</p>\n<p>Shares of <strong> Greenwich LifeSciences, Inc.</strong> (NASDAQ:GLSI) were down 22% to $41.75. Greenwich LifeSciences shares gained 6% on Friday after the company reported robust immune response from its Phase IIb data supporting the GP2 clinical outcome of 0% metastatic breast cancer recurrences over 5 years of follow-up.</p>\n<p><strong>VectivBio Holding AG</strong> (NASDAQ:VECT) was down, falling 16% to $20.26. VectivBio shares gained over 42% on Friday as the company priced its IPO at $17 per share.</p>\n<p>\n<strong>Commodities</strong></p>\n<p>\r\nIn commodity news, oil traded up 0.5% to $59.59, while gold traded down 0.2% to $1,741.70.</p>\n<p>\r\nSilver traded down 0.3% Monday to $25.245 while copper fell 0.4% to $4.0240.</p>\n<p>\n<strong>Euro zone</strong></p>\n<p>European shares were mixed today. The eurozone’s STOXX 600 fell 0.2%, the Spanish Ibex Index fell 0.5% and the German DAX 30 gained 0.1%. Meanwhile, the French CAC 40 rose 0.1%, London’s FTSE 100 fell 0.3% and Italy’s FTSE MIB rose 0.5%.</p>\n<p>Eurozone's retail trade increased 3.0% in February following a 5.2% decline in January.</p>\n<p>\n<strong>Economics</strong></p>\n<p>\r\nThe Treasury is set to auction 6-month bills and 3-year notes at 11:30 a.m. ET.</p>\n<p>\r\nFederal Reserve Bank of Boston President Eric Rosengren is set to speak at 1:00 p.m. ET.</p>\n<p>\r\nThe Treasury will auction 3-month bills and 10-year notes at 1:00 p.m. ET.</p>\n<p>\r\nThe U.S. Treasury statement for March is scheduled for release at 2:00 p.m. ET.</p>\n<p><em>Check out the full economic calendar here </em></p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mid-Morning Market Update: Markets Open Lower; Microsoft To Acquire Nuance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMid-Morning Market Update: Markets Open Lower; Microsoft To Acquire Nuance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-12 22:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Following the market opening Monday, the Dow traded down 0.27% to 33,708.58 while the NASDAQ fell 0.54% to 13,825.03. The S&P also fell, dropping 0.20% to 4,120.48.</p>\n<p>The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 31,197,870 cases with around 562,060 deaths. India confirmed a total of at least 13,527,710 cases and 170,170 deaths, while Brazil reported over 13,482,020 COVID-19 cases with 353,130 deaths. In total, there were at least 136,101,000 cases of COVID-19 worldwide with more than 2,937,730 deaths, according to data compiled by Johns Hopkins University.</p>\n<p>\n<strong>Leading and Lagging Sectors</strong></p>\n<p>\r\nUtilities shares rose 0.4% on Monday. Meanwhile, top gainers in the sector included <strong> Huaneng Power International, Inc.</strong> (NYSE:HNP), up 2%, and <strong> <a href=\"https://laohu8.com/S/BKHU\">Black Hills Corporation</a></strong> (NYSE:BKH), up 1.5%.</p>\n<p>\r\nIn trading on Monday, information technology shares fell 0.7%.</p>\n<p>\n<strong>Top Headline</strong></p>\n<p><strong>Microsoft Corporation</strong> (NASDAQ:MSFT) has become the final bidder for <strong><a href=\"https://laohu8.com/S/NUANV\">Nuance Communications Inc</a></strong> (NASDAQ:NUAN), the company that helped develop Apple’s Siri speech technology for $56 per share.</p>\n<p>The deal price implies a 23% premium to NUAN's Friday closing price of $45.58, valuing the all-cash transaction at $19.7 billion, inclusive of Nuance's net debt.</p>\n<p>\n<strong>Equities Trading UP</strong></p>\n<p>\n<strong>Wilhelmina International, Inc.</strong> (NASDAQ:WHLM) shares shot up 41% to $7.82 after the company's 13D filing showed that Modell's Sporting Goods had reported a stake of 18.4% in the company on Friday.</p>\n<p>\r\nShares of <strong> <a href=\"https://laohu8.com/S/IKNA\">Ikena Oncology, Inc.</a></strong> (NASDAQ:IKNA) got a boost, shooting 28% to $20.56. The company, last month, priced its IPO at $16 per share.</p>\n<p>\n<strong>Xtant Medical Holdings, Inc.</strong> (NASDAQ:XTNT) shares were also up, gaining 14% to $2.55. Xtant Medical, last week, filed for resale of up to 16 million shares by selling stockholders.</p>\n<p>\n<em>Check out these big movers of the day</em></p>\n<p>\n<strong>Equities Trading DOWN</strong></p>\n<p><strong>iRhythm Technologies, Inc..</strong> (NASDAQ:IRTC) shares tumbled 37% to $84.13 after the company said it will not be able to provide its Zio XT device to Medicare patients if reimbursement rates remain unchanged. Baird maintained iRhythm Technologies with a Neutral and lowered the price target from $170 to $80.</p>\n<p>Shares of <strong> Greenwich LifeSciences, Inc.</strong> (NASDAQ:GLSI) were down 22% to $41.75. Greenwich LifeSciences shares gained 6% on Friday after the company reported robust immune response from its Phase IIb data supporting the GP2 clinical outcome of 0% metastatic breast cancer recurrences over 5 years of follow-up.</p>\n<p><strong>VectivBio Holding AG</strong> (NASDAQ:VECT) was down, falling 16% to $20.26. VectivBio shares gained over 42% on Friday as the company priced its IPO at $17 per share.</p>\n<p>\n<strong>Commodities</strong></p>\n<p>\r\nIn commodity news, oil traded up 0.5% to $59.59, while gold traded down 0.2% to $1,741.70.</p>\n<p>\r\nSilver traded down 0.3% Monday to $25.245 while copper fell 0.4% to $4.0240.</p>\n<p>\n<strong>Euro zone</strong></p>\n<p>European shares were mixed today. The eurozone’s STOXX 600 fell 0.2%, the Spanish Ibex Index fell 0.5% and the German DAX 30 gained 0.1%. Meanwhile, the French CAC 40 rose 0.1%, London’s FTSE 100 fell 0.3% and Italy’s FTSE MIB rose 0.5%.</p>\n<p>Eurozone's retail trade increased 3.0% in February following a 5.2% decline in January.</p>\n<p>\n<strong>Economics</strong></p>\n<p>\r\nThe Treasury is set to auction 6-month bills and 3-year notes at 11:30 a.m. ET.</p>\n<p>\r\nFederal Reserve Bank of Boston President Eric Rosengren is set to speak at 1:00 p.m. ET.</p>\n<p>\r\nThe Treasury will auction 3-month bills and 10-year notes at 1:00 p.m. ET.</p>\n<p>\r\nThe U.S. Treasury statement for March is scheduled for release at 2:00 p.m. ET.</p>\n<p><em>Check out the full economic calendar here </em></p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XTNT":"Xtant Medical Holdings Inc","09086":"华夏纳指-U","IKNA":"Ikena Oncology, Inc.","IRTC":"Irhythm Technologies Inc.","NUAN":"微妙通讯","03086":"华夏纳指","HNP":"华能电力","GLSI":"Greenwich Lifesciences Inc","WHLM":"Wilhelmina International Inc.","MSFT":"微软","BKH":"黑山"},"source_url":"https://www.benzinga.com/node/20579968","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126062060","content_text":"Following the market opening Monday, the Dow traded down 0.27% to 33,708.58 while the NASDAQ fell 0.54% to 13,825.03. The S&P also fell, dropping 0.20% to 4,120.48.\nThe U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 31,197,870 cases with around 562,060 deaths. India confirmed a total of at least 13,527,710 cases and 170,170 deaths, while Brazil reported over 13,482,020 COVID-19 cases with 353,130 deaths. In total, there were at least 136,101,000 cases of COVID-19 worldwide with more than 2,937,730 deaths, according to data compiled by Johns Hopkins University.\n\nLeading and Lagging Sectors\n\r\nUtilities shares rose 0.4% on Monday. Meanwhile, top gainers in the sector included Huaneng Power International, Inc. (NYSE:HNP), up 2%, and Black Hills Corporation (NYSE:BKH), up 1.5%.\n\r\nIn trading on Monday, information technology shares fell 0.7%.\n\nTop Headline\nMicrosoft Corporation (NASDAQ:MSFT) has become the final bidder for Nuance Communications Inc (NASDAQ:NUAN), the company that helped develop Apple’s Siri speech technology for $56 per share.\nThe deal price implies a 23% premium to NUAN's Friday closing price of $45.58, valuing the all-cash transaction at $19.7 billion, inclusive of Nuance's net debt.\n\nEquities Trading UP\n\nWilhelmina International, Inc. (NASDAQ:WHLM) shares shot up 41% to $7.82 after the company's 13D filing showed that Modell's Sporting Goods had reported a stake of 18.4% in the company on Friday.\n\r\nShares of Ikena Oncology, Inc. (NASDAQ:IKNA) got a boost, shooting 28% to $20.56. The company, last month, priced its IPO at $16 per share.\n\nXtant Medical Holdings, Inc. (NASDAQ:XTNT) shares were also up, gaining 14% to $2.55. Xtant Medical, last week, filed for resale of up to 16 million shares by selling stockholders.\n\nCheck out these big movers of the day\n\nEquities Trading DOWN\niRhythm Technologies, Inc.. (NASDAQ:IRTC) shares tumbled 37% to $84.13 after the company said it will not be able to provide its Zio XT device to Medicare patients if reimbursement rates remain unchanged. Baird maintained iRhythm Technologies with a Neutral and lowered the price target from $170 to $80.\nShares of Greenwich LifeSciences, Inc. (NASDAQ:GLSI) were down 22% to $41.75. Greenwich LifeSciences shares gained 6% on Friday after the company reported robust immune response from its Phase IIb data supporting the GP2 clinical outcome of 0% metastatic breast cancer recurrences over 5 years of follow-up.\nVectivBio Holding AG (NASDAQ:VECT) was down, falling 16% to $20.26. VectivBio shares gained over 42% on Friday as the company priced its IPO at $17 per share.\n\nCommodities\n\r\nIn commodity news, oil traded up 0.5% to $59.59, while gold traded down 0.2% to $1,741.70.\n\r\nSilver traded down 0.3% Monday to $25.245 while copper fell 0.4% to $4.0240.\n\nEuro zone\nEuropean shares were mixed today. The eurozone’s STOXX 600 fell 0.2%, the Spanish Ibex Index fell 0.5% and the German DAX 30 gained 0.1%. Meanwhile, the French CAC 40 rose 0.1%, London’s FTSE 100 fell 0.3% and Italy’s FTSE MIB rose 0.5%.\nEurozone's retail trade increased 3.0% in February following a 5.2% decline in January.\n\nEconomics\n\r\nThe Treasury is set to auction 6-month bills and 3-year notes at 11:30 a.m. ET.\n\r\nFederal Reserve Bank of Boston President Eric Rosengren is set to speak at 1:00 p.m. ET.\n\r\nThe Treasury will auction 3-month bills and 10-year notes at 1:00 p.m. ET.\n\r\nThe U.S. Treasury statement for March is scheduled for release at 2:00 p.m. ET.\nCheck out the full economic calendar here","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":9,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/342484210"}
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