The markets retreated during the midday with the Dow slipping 25 points to 14,427 as Cyrpus modified details of a plan to tax bank deposits. Nasdaq lost 13 points to 3224.
On the upside
Jefferies initiated coverage of ACADIA Pharmaceuticals (Nasdaq: ACAD) with a Buy rating.
eFuture (Nasdaq: EFUT) reversed year ago losses to post a profit for the fourth quarter.
Lattice Semiconductor (Nasdaq: LSCC) lifted its first quarter revenue guidance.
On the downside
Electronic Arts (Nasdaq: EA) chief executive John Riccitiello will leave the company on March 30.
Cardinal Health's (NYSE: CAH) contract to supply pharmaceutical products to Walgreen (NYSE: WAG) was not renewed.
Goldman Sachs downgraded Juniper Networks (NYSE: JNPR) to a Sell rating.
In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by nearly 9 to 7 on Nasdaq. The broader S&P 500 index fell 6 points to 1545.
