The markets traded flat during the midday with the Dow easing 4 points to 16,546. Nasdaq slipped 4 points to 4,047.

On the upside 

Methes Energies (Nasdaq: MEIL) will supply a client with 40 railcars of biodiesel per month.

Shares of Chinese online travel company Tuniu (Nasdaq: TOUR) climbed on its first trading day.

BioScrip (Nasdaq: BIOS) reported higher first quarter earnings and revenue.

On the downside 

Ubiquiti Networks (Nasdaq: UBNT) reported sharply higher third quarter earnings and revenue but the company forecast current quarter revenue below estimates.

J.P. Morgan downgraded Molycorp (NYSE: MCP) from a Neutral rating to an Underweight rating.

ACETO (Nasdaq: ACET) disappointed with lower third quarter earnings and revenue.

In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE while advancers edged out decliners by nearly 5 to 4 on Nasdaq. The broader S&P 500 lost 4 points to 1871. Bitcoin rose $10.26 or 2.30% to $445.77.