On the upside
Sonic Solutions (Nasdaq: SNIC) will raise approximately $30 million through the sale of common stock.
Maguire Properties (NYSE: MPG) completed the sale of is Lantana Media Entertainment Campus to the Lionstone Group.
Winnebago (NYSE: WGO) narrowed first quarter losses as revenue rose.
On the downside
Nanometrics (Nasdaq: NANO) priced its offering of 2 million shares at $11 per share.
Discover Financial Services (Nasdaq: DFS) disappointed with lower fourth quarter earnings as credit card loan losses rose.
TAM (NYSE: TAM) partnered with Itau bank to allow banking clients to pay for airline tickets through monthly installments.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks fell 6 points to 604.