On the upside
Fourth quarter earnings for Cliffs Natural Resources (NYSE: CLF) doubled.
Gencorp (NYSE: GY) director Warren G. Lichtenstein purchase approximately $1.3 million worth of stock in the company.
Shares of Ruth's Hospitality Group (Nasdaq: RUTH) rose ahead of its earnings release tomorrow before markets open.
On the downside
Shares of DepoMed (Nasdaq: DEPO) fell over concerns that the Food and Drug Administration may not approve the pharmaceutical's menopausal hot flash and postherapetic neuralgia treament gabapentin.
Regeneron Pharmaceuticals (Nasdaq: REGN) blamed higher expenses for widening fourth quarter losses.
While WellCare Health Plans (NYSE: WCG) swung to a profit for the fourth quarter, the health insurer forecast 2010 results below estimates warned that market conditions will continue to be challenging.
In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks rose 4 points to 629.
