6:20 pm CyrusOne prices 11.3 mln share offering of common stock at $30 per share (CONE) :  

5:48 pm Washington REIT enteres into a new and expanded $600 mln revolving unsecured credit facility (WRE) : The new credit facility will have a four-year term ending on June 22, 2019, with two six-month extension options. The interest rate under the new credit facility will be based on a spread over LIBOR determined by Washington REIT's then-current unsecured debt rating (the current spread over LIBOR is 100 basis points). In addition, and subject to lender approval, Washington REIT has the ability under the new credit facility to exercise an accordion feature to increase the size of the facility to $1 billion. The new credit facility will replace Washington REIT's two existing credit facilities, a $400 million syndicated credit facility led by Wells Fargo Bank National Association and a $100 million credit facility provided by SunTrust Bank, N.A.

5:42 pm IHS unit Carfax selected by National Independent Automobile Dealers Association for certified pre-owned vehicles (IHS) : The National Independent Automobile Dealers Association (:NIADA) is expanding its long-standing partnership with Carfax to include the association's Certified Pre-Owned (:CPO) program. Now, NIADA CPO vehicles come with a Carfax Vehicle History Report provided free to buyers from subscribing dealers and are listed for sale on Carfax Used Car Listings. Carfax is a unit of IHS (IHS)

5:38 pm CME Group delays closure of its futures pits in Chicago and New York to July 6 from July 2 (CME) : Co announces that due to a technical revision to its filing with the CFTC, it will delay the closing of its futures pits in Chicago and New York. Previously scheduled to take place on Thursday, July 2, the last day for most open outcry futures trading is now expected to take place on Monday, July 6, pending expiration of CFTC review periods. During its review, the CFTC could further delay the closure for up to 90 days. 

5:33 pm Belden and Amphenol (APH) announce a global partnership in the broadband connectivity field (BDC) : PPC Broadband, a Belden brand, and Times Fiber Communications, a subsidiary of Amphenol (APH), announce a global partnership in the broadband connectivity field. This global partnership encompasses a range of connectivity inventions, and creates broader availability of connectivity solutions for system operators world-wide.

5:24 pm Sysco issues statement confirming a courts decision to block its merger with US Foods; says it it profoundly disappointed with the outcome, will review the ruling over the next few days (SYY) : The co issued the following statement today from President and Chief Executive Officer Bill DeLaney after the U.S. District Court in the District of Columbia granted the Federal Trade Commission's request for a preliminary injunction to block Sysco's proposed merger with US Foods.

• "While we respect the Court's decision, we are profoundly disappointed with this outcome. We diligently pursued this transaction for nearly two years because we strongly believed the merger of Sysco and US Foods would be procompetitive and good for customers, associates and shareholders. Nevertheless, we certainly understood this outcome to be possible and have been developing plans for the business moving forward. We will take a few days to closely review the Court's ruling and assess our legal and contractual obligations, including the merits of terminating the merger agreement. This work will be conducted in close collaboration with Sysco's Board of Directors and the primary owners of US Foods. We will provide additional clarity in the coming days."
  

5:22 pm MCG Capital: HC2 Holdings (HCHC) revises proposal to acquire MCGC (MCGC) : HC2 Holdings (HCHC) detailed:

• "In our June 15th letter, in response to your concerns about a failure to close the transaction due to regulatory issues, we modified and augmented our Proposal to further compensate MCG (and its stockholders) in the event a deal with HC2 is not consummated because HC2 cannot complete its registration statement or HC2 is permanently enjoined from acquiring MCG as a result of the provisions of my SEC settlement or issues arising under the Investment Advisors Act of 1940. If such situation were to occur, we had offered to, in addition to reimbursing MCG in cash for the $7 million termination fee payable to PennantPark, issue $13.35 million of HC2 common stock to MCG. We are now writing to update our Proposal to offer a $13.35 million cash payment in lieu of an issuance of HC2 common stock if a deal with HC2 is not consummated because HC2 cannot complete its registration statement or HC2 is permanently enjoined from acquiring MCG as a result of the provisions of my SEC settlement or issues arising under the Investment Advisors Act of 1940, or the transaction is not consummated due to a breach of the definitive transaction agreement by HC2."
  

5:08 pm Brookfield Renewable Energy Partners announces commencement of normal course issuer bid for Class A Preference Shares (BEP) : Co announces that the Toronto Stock Exchange accepted notice of Brookfield Renewable Power Preferred Equity's intention to commence a normal course issuer bid for its outstanding Class A Preference Shares. BRP Equity is a wholly-owned subsidiary of Brookfield Renewable. Brookfield Renewable believes that in the event that the Preferred Shares trade in a price range that does not fully reflect their value, the acquisition of Preferred Shares may represent an attractive use of available funds. There are currently five series of Preferred Shares outstanding. Under the normal course issuer bid, BRP Equity is authorized to repurchase a total of approximately 10% of the total public float on June 15, 2015.

5:01 pm Medtronic implements worldwide voluntary recall for certain lots of its Covidien Shiley tracheostomy tubes (MDT) : Co announces that on May 8, 2015, it began notifying hospitals and distributors worldwide that affected lots of its Covidien Shiley tracheostomy tubes were formed with a wider-angle bend than standard models manufactured after November 29, 2012. The company initiated the field action following a small number of customer complaints that included reports of 12 serious patient injuries, such as breathing difficulties that impacted oxygen levels immediately upon tube placement or discomfort. Replacement of the tracheostomy tube with product manufactured prior to November 29, 2012 addressed the patient breathing difficulty or discomfort.

4:55 pm Gladstone expands credit facility to $170 mln (GLAD) : Co announces that on June 19, 2015, it increased its borrowing capacity on its line of credit by $30 million to $170 million with the addition of three new lenders.

4:52 pm Ekso Bionics files a mixed shelf registration statement for up to an aggregate amount of $75 mln in various securities (EKSO) :

4:33 pm IDEX Corp announces it has closed a new five year $700 mln senior revolving credit facility (IEX) : The new facility was timed to capitalize on current favorable market conditions and replace the company's existing $700 million credit facility, which was due to expire in June, 2016.

4:31 pm Ashland announces entry into a new five-year senior unsecured revolving credit facility in an aggregate amount of $1.2 bln (ASH) : The new credit agreement provides for a five-year senior unsecured revolving credit facility in an aggregate amount of $1.2 billion, which includes a $250 million letter of credit sublimit and a $100 million swing line loan sublimit, and a five-year senior unsecured term loan facility in an aggregate principal amount of $1.1 billion. A portion of the proceeds of the term loan facility were used to prepay all of Ashland's outstanding loans under Ashland's existing credit agreement, the commitments under which were terminated as of June 23, 2015. Proceeds from the term loan facility were also used to repurchase in a tender offer a portion of Ashland's 3.000% Senior Notes due 2016, and proceeds will be used to fund certain underfunded pension obligations of Ashland and for other general corporate purposes.

4:31 pm Boeing appoints Dennis Muilenburg as CEO, effective July 1, 2015; James McNerney to continue as chairman (BA) : Co's board of directors has elected Dennis A. Muilenburg the company's 10th chief executive, succeeding W. James McNerney, Jr., who held the position for the past 10 years. Muilenburg, who has served as Boeing president and chief operating officer since 2013, becomes president and CEO on July 1. McNerney, who joined Boeing's board of directors in 2001, continues as its chairman. To ensure a smooth transition of his CEO responsibilities to Muilenburg, he will continue working as a company employee until retiring at the end of February 2016

4:31 pm Vanda Pharma reports positive results from the long-term maintenance REPRIEVE (Relapse prevention study in patients with schizophrenia) clinical study (VNDA) : The REPRIEVE study was a randomized, double-blind, placebo-controlled study to evaluate prevention of relapse in adult patients with schizophrenia receiving either flexible dose Fanapt or placebo.

• Of the 587 patients entering the "Stabilization" phase, 195 (33%) met the criteria for the double-blind Relapse Prevention phase, with 99 subjects randomized to continue with Fanapt and 96 to switch to placebo. The study was stopped early after 68 events were observed and confirmed the hypothesis that Fanapt was more effective than placebo in relapse preventions, with a Cox regression hazard ratio estimate of 4.7 favoring Fanapt. 
• The percentage of Fanapt patients remaining relapse free at the end of the double-blind Relapse Prevention phase was of 79.6% compared to 36.6% for placebo-treated patients. The mean time to relapse based on KM estimates was 71 days for placebo and 139 days for Fanapt subjects. The most common treatment-emergent adverse events suspected to be related to Fanapt in the stabilization phase were dizziness, somnolence, and dry mouth. There were no Fanapt treatment-related TEAEs with a frequency >2% and higher than placebo in the double-blind Relapse Prevention phase. 
  

4:30 pm Netflix to conduct a seven-for-one stock split (NFLX) : The co announced that its Board of Directors has approved a seven-for-one stock split to be effected in the form of a stock dividend of six additional shares of common stock for each outstanding share of common stock. The stock dividend will be payable on July 14, 2015 to stockholders of record at the close of business on July 2, 2015.

4:22 pm Aerojet Rocketdyne says it was recently awarded a contract from Lockheed Martin (LMT) for the A2100 satellite (AJRD) : The co announced it recently was awarded a contract from Lockheed Martin (LMT) to deliver XR-5 Hall Effect and MR-510 Arcjet electric propulsion subsystems, as well as monopropellant rocket engines for the modernized A2100 satellite. The contract is for delivery of the flight propulsion subsystems aboard two modernized A2100 satellites that Arabsat recently ordered from Lockheed Martin.

4:16 pm One Liberty Properties announces it acquired on June 15 a 318,000 sqft retail center subject to net leases and located in New Jersey for ~$43 mln (OLP) : Co announces it has acquired a 318,000 square foot retail center subject to net leases and located in New Jersey for ~$43 mln. The purchase was inclusive of ~$26 mln of new mortgage debt obtained in connection with the acquisition, which has an annual fixed interest rate of 4%, amortizes on a 25-year basis and matures in ten years. The other members of the 50/50 joint venture are affiliates of The Hampshire Companies and MCB Real Estate.

4:10 pm Closing Market Summary: Stocks End Little Changed as Focus Remains on Greece (:WRAPX) : The major averages ended the Tuesday session on a modestly higher note after spending the bulk of the day near their flat lines. The S&P 500 added 0.1% after trading inside an eight-point range.

Equity indices held modest gains at the start amid continued optimism that Greece will be able to come to terms with its creditors. On that note, the Eurogroup will hold its third meeting in six days tomorrow evening. In addition, better than expected Manufacturing (52.5; consensus 52.2) and Services PMI (54.4; consensus 53.6) readings for the eurozone contributed to the upbeat sentiment overseas.

Once the U.S. session got underway, the S&P 500 held a four-point gain, but surrendered that advance just one hour into the session as heavily-weighted sectors like technology (unch), industrials (-0.2%), and consumer staples (-0.5%) weighed.

The top-weighted technology sector was able to erase the majority of its loss before the final hour, but chipmakers struggled into the afternoon. The PHLX Semiconductor Index lost 0.6% with all but six components ending in the red. On the upside, SunEdison (SUNE 32.13, +0.93) bucked the trend, spiking 3.0%.

Elsewhere, the consumer discretionary sector was underpinned by retailers and homebuilders. The SPDR S&P Retail ETF (XRT 101.69, +0.92) climbed 0.9% while iShares Dow Jones US Home Construction ETF (ITB 27.70, +0.05) added 0.2% following a better than expected New Home Sales report for May.

Also of note, the energy sector (+0.3%) struggled early, but finished among the leaders as crude oil held a solid gain throughout the day, ending the pit session higher by 1.7% at $61.02/bbl.

Similar to cyclical sectors, the four defensively-oriented groups ended the day in mixed fashion. Consumer staples (-0.5%) and utilities (-1.4%) struggled while health care (+0.2%) and telecom services (+1.3%) displayed relative strength. The health care sector eked out a slim gain even as biotechnology struggled with iShares Nasdaq Biotechnology ETF (IBB 383.25, +0.08) ending flat.

Moving on, Treasuries were little changed during afternoon action, but retreated this morning after Federal Reserve Governor Jerome Powell said that two rate hikes could take place before the end of the year if the economy doesn't suffer an unexpected slump. The 10-yr note revisited its flat line during the afternoon, but ultimately slipped into the middle of its range to send the benchmark yield higher by three basis points to 2.40%.

On a related note, the Dollar Index (95.40, +1.07) spiked 1.1% with the greenback jumping 1.6% against the euro (1.1170).

Today's participation was below average with fewer than 700 million shares changing hands at the NYSE floor. 

Economic data included Durable Orders, FHFA Housing Price Index, and New Home Sales:

• Durable goods orders declined 1.8% in May after declining a downwardly revised 1.5% (from -1.0%) in April while the Briefing.com consensus expected a decline of 0.5% 
  • As expected, the entire decline can be traced to another big pullback in aircraft orders as Boeing (BA 144.43, -1.27) reported a big drop in sales in May, which translated into a 28.9% decline in defense and nondefense aircraft orders 
  • Motor vehicle orders were flat after increasing 0.4% in April 
  • Excluding transportation, durable goods orders increased 0.5% in May after a 0.3% decline in April (revised from -0.2%) while the consensus expected an increase of 0.6% 
• The FHFA Housing Price Index for April rose 0.3%, which followed an unrevised increase of 0.3% in March 
• New home sales hit their highest level since February 2008, increasing 2.2% in May to 546,000 from an upwardly revised 534,000 (from 517,000) in April while the Briefing.com consensus expected a reading of 525,000 
  • Regionally, there was a big disparity in demand trends with nearly the entire increase coming from an 87.5% spike in sales in the Northeast. Sales in the Midwest (-5.7%) and South (-4.3%) declined on a month-to-month basis. Sales in the West increased 13.1% to 138,000, but remain below January levels 

Tomorrow, the weekly MBA Mortgage Index will be released at 7:00 ET while the third estimate of Q1 GDP will be reported at 8:30 ET (Birefing.com consensus -0.2%).

• Nasdaq Composite +9.0% YTD 
• Russell 2000 +7.5% YTD 
• S&P 500 +3.1% YTD 
• Dow Jones Industrial Average +1.8% YTD

4:09 pm PAREXEL lowers Q4 rev guidance; sees FY16 in-line and announces restructuring ahead of Investor Day tomorrow (PRXL) :

• Co issues guidance for Q4 (Jun), narrows EPS to $0.70-0.78, excluding non-recurring items, from $0.65-0.81 vs. $0.75 Capital IQ Consensus; lowers Q4 (Jun) revs to $517-533 mln from $520-540 mln vs. $530.84 mln Capital IQ Consensus. 
• Co issues in-line guidance for FY16 (Jun), sees EPS of $3.02-3.38, excluding non-recurring items, vs. $3.24 Capital IQ Consensus Estimate; sees FY16 (Jun) revs of $2.16-2.21 bln vs. $2.2 bln Capital IQ Consensus.
• Margin acceleration Program: Co plans to record pre-tax charges in the range of $35 to $45 million in conjunction with restructuring activities it is undertaking. The restructuring activities are company-wide, and are designed to improve the productivity and efficiency of the Company, to simplify the organization, and to streamline decision-making, thereby enhancing client engagement
  

4:06 pm Informatica reports shareholder approval for acquisition of the company by Permira funds and Canada Pension Plan Investment Board; transaction closure expected in Q3 2015 (INFA) :  

4:06 pm Con-way names Hank Bartos as interim president of its Con-way Truckload subsidiary (CNW) :  

4:06 pm Sierra Wireless to acquire MobiquiThings for EUR 14 mln (SWIR) : Co announces an agreement to purchase all of the shares of MobiquiThings for 14 mln in cash, plus a performance-based earnout formula that extends into 2017. In 2015, MobiquiThings is expected to generate revenue of ~3.0 mln and breakeven Adjusted EBITDA. The transaction is expected to close in Aug 2015.

4:05 pm MeetMe raises Q2 revenue outlook above consensus (MEET) : Geoff Cook, Chief Executive Officer of MeetMe, stated, "Since resuming management of our advertising inventory, we have experienced stronger rates than we originally anticipated. Our daily mobile app advertising revenue in the first three weeks of June has increased 23% versus the May average, and in the seven days ending June 21st, we have experienced 53% higher daily mobile app advertising revenue than the May average".

• Co now sees Q2 revenue in the range of $10.5-10.7 mln (Prior $9.0-9.5 mln), Capital IQ consensus is $9.26 mln. 
• Co sees Q2 Adjusted EBITDA in the range of $1.5-2.0 mln (Prior guidance was $250K-275K. 
• Co expects to announce Q2 results in early August at which point it expects to also furnish additional revenue and profitability related metrics and updated annual guidance for 2015.
  

4:05 pm Plains All Amer announces open season for proposed Cushing to Longview Crude Oil Pipeline (PAA) : Co announces it is conducting an open season for committed capacity on a proposed new crude oil pipeline from Cushing, Oklahoma to Longview, Texas. The proposed pipeline would originate at the Plains Cushing, Oklahoma Terminal and provide an initial capacity of approximately 120,000 barrels per day of light sweet crude to Longview, Texas.

4:04 pm Oxford Lane Capital issues a redemption call for its 8.50% Series 2017 Term Preferred Stock, at $25/share plus $0.13577/share in accrued dividends (OXLC) :  

4:02 pm Alcobra Pharma to present results of Phase II Fragile X Trial in a conference call & webcast presentation on Wednesday June 24 at 8am ET (ADHD) :  

4:02 pm Country Style Cooking reports Interim CFO Flora Zeng will resign from her position, due to personal reasons, effective June 30, 2015 (CCSC) : Co has begun the search for a successor to Zeng to fill the position. Xingqiang Zhang, the Chief Executive Officer and a director of the Company, will take over Flora Zeng's responsibilities and serve as acting Chief Financial Officer of the Company.

4:01 pm Bluebirdbio announces $400 mln common stock offering (BLUE) :

• Co announces it has commenced an offering of $400 mln of its common stock. 
  

4:01 pm Molycorp to reschedule its 2015 Annual Meeting of Stockholders, expects to hold the Annual Meeting in the second half of 2015 (MCP) :  

4:01 pm Red Hat and Samsung (SSNLF) form strategic alliance to deliver the next generation of mobile solutions for the enterprise (RHT) :