February 23, 2012 at 17:22 PM EST
Higher Close On Increasing Consumer Confidence

An increase in consumer confidence lifted the markets to a higher close with the Dow gaining 46 points to 12,984. Nasdaq climbed 23 points to 2956.

On the upside

Sprint (NYSE: S) introduced its New Ventures to assist its partners improve efficiency while lowering costs and increasing revenue.

Exterran Holdings (NYSE: EXH) narrowed fourth quarter losses more than expected.

Dillard's (NYSE: DDS) reported sharply higher fourth quarter earnings that surpasses analyst expectations by a wide margin.


On the downside


Shares of First Solar (Nasdaq: FSLR), Suntech Power (NYSE: STP) and Trina Solar (NYSE: TSL) all tumbled after Germany announced cuts to solar subsidies.


Polypore International (NYSE: PPO) reported higher fourth quarter earnings but the results fell short of estimates.

Fourth quarter earnings dropped for Kohl's (NYSE: KSS) and the retailer forecast current quarter and full year results below expectations.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks soared 12 points to 829.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
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
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here

Portions of this content may be copy written by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. SmartReadMX and other related related technologies used to produce content for this service are covered by US Patents numbers 7,865,496, 7,856,390, and 7,716,116.