The markets closed flat with the Dow slipping 9 points to 13,973 as investors weighed corporate merger and acquisition news against slowing growth in Europe. Nasdaq added a point to 3198.
On the upside
GNC Holdings (NYSE: GNC) reported higher fourth quarter earnings that beat expectations and forecast 2013 earnings ahead of estimates.
Fourth quarter earnings for ValueClick (Nasdaq: VCLK) climbed to surpass analyst expectations and the company forecast current quarter earnings above estimates.
UBS analyst Brent Thill upgraded ServiceNow (NYSE: NOW) to a Buy rating and lifted his price target to $36 from $30.
On the downside
Nanosphere (Nasdaq: NSPH) reported a loss for the fourth quarter and cut its projected enteric pathogens panels placements in the first quarter.
Encana (NYSE: ECA) posted a fourth quarter loss and said that its search for a new chief executive may take as long as three to six months.
The Food and Drug Administration expanded an import ban to include three Hospira (NYSE: HSP) intravenous pumps manufactured in Costa Rica.
In the broad market, declining issues were on par with advancers on the NYSE while advancers edged out decliners by a margin of more than 10 to 9 on Nasdaq. The broader S&P 500 index added a point to 1521.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here