Four-month extension for Greece, markets soar

Investors cheered a four-month extension of Greece's bailout by sending the markets soaring to a sharply higher close with the Dow surging 154 points to 18,140. Nasdaq climbed 31 points to 4,955.

On the upside

A four-month extension of Greece's bailout lifted shares of National Bank of Greece (NYSE: NBG).

Ariad Pharmaceuticals (Nasdaq: ARIA) shareholder Sarissa Capital demanded the retirement of chief executive officer Harvey Berger.

Bank of America/Merrill Lynch affirmed its Buy rating on California Resources (NYSE: CRC) and lifted its price target from $12 to $14.

On the downside

Profit taking sent shares of Eagle Pharmaceuticals (Nasdaq: EGRX) tumbling.

BioTelemetry (Nasdaq: BEAT) fell to a greater than expected loss for the fourth quarter.

Shares of Triple-S Management (NYSE: GTS) continued falling.

In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 climbed 12 points 2110. Bitcoin added $2 to $242.
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