Lower Close As Retail Sales Rise Less Than Expected

A smaller than expected gain in January retail sales sent the markets down to a lower close with the Dow falling 41 points to 12,226. Nasdaq dropped 12 points to 2804.

On the upside

Billionaire investor and chairman of Sears Holdings (NYSE: SHLD) Edward Lambert acquired shares of H&R Block (NYSE: HRB).

Fourth quarter earnings surged for Marsh & McLennan (NYSE: MMC) to top analyst estimates as revenue rose.

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