Crude oil prices slipped to send the markets down to a modestly lower close with the Dow falling 13 points to 17,217. Nasdaq lost 24 points to 4,880.
On the upside
Higher One Holdings (NYSE: ONE) will sell its Campus Labs data analytics business to an affiliate of Leeds Equity Partners for approximately $91 million in cash.
EXCO Resources (NYSE: XCO) entered agreements to reduce debt and amended its credit agreement.
Rising gold prices lifted shares of Yamana Gold (NYSE: AUY).
On the downside
Investors continued to lock in profits on Eros International (NYSE: EROS).
Exar (NYSE: EXAR) announced the departure of president and chief executive Louis DiNardo and reported preliminary second quarter earnings and revenue that fell short of expectations.
Motorola Solutions (NYSE: MSI) introduced a new body camera with radio speaker and microphone which sent shares of TASER International (Nasdaq: TASR) tumbling.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE while decliners barely edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 slipped 2 points to 2,030. Bitcoin rose $4 to $266.
