On the upside
Shares of Ford (NYSE: F) rose as Toyota Motors (NYSE: TM) President Akio Toyoda prepares to testify before Congress tomorrow.
Microchip Technology (Nasdaq: MCHP) increased its cash acquisition offer for Silicon Storage (Nasdaq: SSTI) to $3 per share.
Checkpoint Systems (NYSE: CKP) reported higher fourth quarter earnings that beat analyst expectations.
On the downside
Fourth quarter earnings for Huron Consulting (Nasdaq: HURN) more than quadrupled but the company forecast 2010 revenue below expectations.
Tenet Healthcare (NYSE: THC) disappointed with fourth quarter earnings and revenue that fell short of estimates.
HealthSouth (NYSE: HLS) reported lower fourth quarter earnings and forecast 2010 earnings below expectations.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by nearly 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 7 points to 625.