Mixed open as consumer prices rise

The markets opened mixed with the Dow dropping 81 points to 18,038 as consumer prices rose in June. Nasdaq gained 25 points to 5,188.

On the upside

Hertz Global (NYSE: HTZ) completed the financial restatements for 2012 and 2013 and select unaudited restated financial information for 2011.

Google (Nasdaq: GOOG) reported higher second quarter earnings and revenue that topped analyst estimates.
 
InterCloud Systems (Nasdaq: ICLD) received over $2.3 million in next generation WiFi and DAS networks contracts.
 
On the downside

SolarWinds (NYSE: SWI) reported higher second quarter earnings but revenue fell short of expectations prompting a downgrade.

Trovagene (Nasdaq: TROV) priced its public offering of 4 million common shares at the discounted price of $8.75 per share.

Retreating crude oil prices weighed down shares of Vaalco Energy (NYSE: EGY).

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 lost 3 points to 2120. Bitcoin slipped $1 to $276.

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