On the upside
La-Z-Boy (NYSE: LZB) reversed year ago losses to post a greater than expected profit for the third quarter.
Whole Foods Market (Nasdaq: WFMI) impressed with higher first quarter earnings that beat expectations and lifted its full year outlook prompting an upgrade.
First quarter earnings for Deere & Co. (NYSE: DE) rose to surpass analyst estimates and the company raised its 2010 forecast.
On the downside
While Owens Corning (NYSE: OC) narrowed losses for the fourth quarter, the results fell short of expectations.
GSI Commerce (Nasdaq: GSIC) announced that a shareholder will sell all of its holdings in GSI, approximately 9.2 million common shares.
While fourth quarter earnings for FMC Technologies (NYSE: FTI) rose, the company reported that its backlog shrank.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks added 3 points to 623.
