SunEdison Up on Cash Flow Forecast; Markets Brace for Jobs Report

SunEdison (SUNE) jumped Thursday after CEO Ahmad Chatila said the company would likely see positive cash flow by late 2015 or early 2016. The alternative energy developer has endured losses as it invests revenue into new projects and research. Stocks closed mixed, pulling back on an earlier rally as investors became nervous ahead of Friday's jobs report. Investors hope to glean from the report what the labor market situation might mean for the Federal Reserve's rate hike timeline. Millennial Media (MM) rocketed higher after Verizon's (VZ) AOL unit agreed to acquire the ad tech company for $250 million. AOL has driven a push to monetize internet ad platforms.