The markets opened mixed with the Dow gaining 39 points to 16,067 while Nasdaq slipped 2 points to 4238 as January factory output fell.
On the upside
LogMeIn (Nasdaq: LOGM) fell to a loss for the fourth quarter but the results were better than expected and the company forecast current quarter and full year results ahead of estimates.
Synthesis Energy Systems (Nasdaq: SYMX) will form a joint venture with Zhangjiangang Chemical Machinery.
Shares of LiveDeal (Nasdaq: LIVE) continued rising.
On the downside
Weight Watchers International (NYSE: WTW) reported sharply lower fourth quarter earnings that missed expectations and forecast 2014 earnings well below analyst estimates.
GNC Holdings (NYSE: GNC) reported higher fourth quarter earnings and revenue but the results fell short of expectations and the health and wellness products retailer forecast 2014 results that missed estimates.
Trulia (NYSE: TRLA) widened fourth quarter losses more than expected.
In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 added 2 points to 1832. Bitcoin dropped $61.11 or 15.13% to $404.00.
