On the upside
Shares of GSI Technology (Nasdaq: GSIT) continued to surge after announcing two next generation SRAM products yesterday.
Radian Group (NYSE: RDN) announced that mortgage delinquencies in October and November were lower than expected.
Although fourth quarter earnings dropped for Beacon Roofing Supply (Nasdaq: BECN), the results topped analyst estimates.
On the downside
A French court fined eBay (Nasdaq: EBAY) $2.5 million for selling luxury items online which brand owners claim hurt the reputation of their exclusive products.
The World Health Organization recommended that use of the most common AIDS treatment stavudine, made by Bristol-Myers Squibb (NYSE: BMY), be phased out due to harmful longterm side effects.
J. P. Morgan analysts cut their earnings estimate for Regions Financial (NYSE: RF) saying the bank is making fewer loans.
In the broad market, advancing issues outpaced decliners by a margin of more than 4 to 1 on the NYSE and by nearly 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 10 points to 590.
