subscriptions dropped and the online video company decided to split its DVD mail rental and streaming business. According to a regulatory filing with the U.S. Securities and Exchange Commission, Hoag's Technology Crossover Ventures bought the shares of the online video company on May 8 and 9 at prices between $71.20 and $74.39.
Monster Worldwide Inc. (NYSE:MWW) spiked 19.1 percent. Citing anonymous sources, Reuters reported that LinkedIn (NYSE: LNKD), private equity firm Silver Lake Partners and others have expressed interest in buying the online job-search company.
Nordstrom Inc. (NYSE:JWN) declined 4.80 percent after the fashion specialty retailer's quarterly earnings fell short of market expectations and the company kept its full year forecast. Earnings per share (EPS) increased to $0.70 from $0.65, yet trailed consensus estimate of 75 cents for the first quarter. For the full year, the company still expects EPS in the range of $3.30 to $3.45, below consensus estimate of $3.48.
Dillard's Inc. (NYSE:DDS) surged 6.41 percent after first-quarter earnings exceeded Wall Street projections. The apparel, cosmetics and home furnishing retailer earned $1.89 per share for the quarter, topping expectations of $1.67.
McDermott International (NYSE:MDR) jumped 14.96 percent after the designer offshore oil and gas projects posted earnings that topped market expectations. MDR's first quarter EPS of 26 cents beat consensus estimate of 15 cents.
The European markets closed on a mixed note. Germany's DAX added 0.95 percent to finish at 6,579.93. France's CAC40 edged 0.01 percent lower to close at 3,129.77. U.K.'s FTSE 100 rose 0.57 percent to end at 5,575.52.
Asian markets ended in red. The Shanghai Composite Index declined 0.62 percent to end at $2,395.40. Hong Kong's Hang Seng fell 1.30 percent to close at 19,964.63. Japan's Nikkei 225 shed 0.63 percent to close at 8,953.31. India's BSE Sensex finished at 16,292.98, down 0.77 percent.
Commodity & Currency Scan:
Crude oil futures lost 1.29 percent to $95.83 per barrel, while natural gas futures added 0.68 percent to $2.504 per million metric British thermal units. Gold futures declined 0.99 percent to $1,579.7 per ounce, and silver fell 1.19 percent to $28.83 per ounce.
In the currency market, the euro dipped 0.12 percent against the U.S. dollar to $1.2921. The British pound shed 0.46 percent against the greenback to 1.6071, and the dollar edged 0.03 percent lower against the Japanese yen to 79.9200.