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Markets soar on rebounding crude oil prices

The markets extended its gains during the midday with the Dow leaping 190 points to 17,185 as crude oil prices rebounded. Nasdaq jumped 64 points to 4,727.

On the upside

Top Nasdaq Stocks selected GlobeImmune (Nasdaq: GBIM) as one of the best stocks to buy this month.

1st Century Bancshares (Nasdaq: FCTY) will be acquired by Midland Financial for a premium of $11.22 per share in cash.

Athersys (Nasdaq: ATHX) swung to a greater than expected profit for the fourth quarter as revenue surged.

On the downside

Sunrun (Nasdaq: RUN) widened fourth quarter losses.

FXCM (NYSE: FXCM) fell to a loss for the fourth quarter as revenue tumbled.

Fourth quarter earnings for BioDelivery Sciences (Nasdaq: BDSI) fell far short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 6 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 leaped 24 points to 2,014. Bitcoin added $2 to $418.

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