On the upside
J. P. Morgan upgraded Dana Holdings (NYSE: DAN) and lifted its price target for the auto parts supplier.
Darden Restaurants (NYSE: DRI) reported higher second quarter earnings that topped estimates despite lower revenue.
Quiksilver (NYSE: ZQK) widened fourth quarter losses but the results were better than expected.
On the downside
Zale (NYSE: ZLC) cancelled orders and must delay some payments due to sharply lower sales.
CTC Media (Nasdaq: CTCM) appointed chief financial officer of Modern Times Group Mathias Hermansson to the company's board of directors.
Alliance HealthCare Services (NYSE: AIQ) warned of lower revenue in 2010.
In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 5 on the NYSE and by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks gained 6 points to 610.
