The Greek parliament approved severe austerity measures in order to received additional bailout funds. The markets opened higher with the Dow rising 39 points to 12,840 while Nasdaq gained 16 points to 2920.

On the upside

Linden Capital Partners will take SeraCare Life Sciences (Nasdaq: SRLS) private in a deal valued at approximately $80 million.

The Mayo Clinic selected Complete Genomics (Nasdaq: GNOM) to provide outsourced whole human genome sequencing.

Shares of National Bank of Greece (NYSE: NBG) rose after Greece approved austerity measures in order to received a second round of bailout funds.

On the downside

Chelsea Therapeutics (Nasdaq: CHTP) will discuss questions today at the BIO CEO and Investor Conference that the Food and Drug Administration posed while reviewing its New Drug Application for NORTHERA.

Beazer Homes (NYSE: BZH) commenced exchange offers for its convertible subordinated notes and its tangible equity units.

Shares of Arch Coal (NYSE: ACI) continued falling after reporting fourth quarter earnings and revenue on Friday that fell short of expectations and announcing production cuts at it Dugout Canyon mine.

In the broad market, advancing issues outpaced decliners by a margin of nearly 6 to 1 on the NYSE and by more than 4 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks soared 9 points to 822.