On the upside
Fourth quarter earnings surged for Volterra Semiconductor (Nasdaq: VLTR) to surpass analyst estimates prompting an upgrade.
While fourth quarter earnings tumbled for Baker Hughes (NYSE: BHI), the results topped expectations by a wide margin.
Shares of Barnes and Noble (NYSE: BKS) rose over rumors that Apple's (Nasdaq: AAPL) new Tablet will offer a Barnes and Noble online store.
On the downside
While Zoran (Nasdaq: ZRAN) narrowed losses for the fourth quarter, revenue fell short of estimates.
Ener1 (Nasdaq: HEV) will raise approximately $60 million through an offering of common shares.
While Regions Financial (NYSE: RF) narrowed fourth quarter losses, loan loss provisions rose.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE while advancers were on par with decliners on Nasdaq. The Russell 2000 which tracks small cap stocks added a point to 619.
