Despite an upward revision of the GDP, the markets closed mixed with the Dow falling 57 points to 16,639 as crude oil prices slipped. Nasdaq rose 8 points to 4,590.
On the upside
Kindred Healthcare (NYSE: KND) swung to a greater than expected profit for the fourth quarter and forecast current quarter as well as full year earnings ahead of estimates.
Stamps.com (Nasdaq: STMP) reported a smaller than expected loss for the fourth quarter and forecast full year results above expectations.
Zoe's Kitchen (NYSE: ZOES) swung to a better than expected fourth quarter profit as revenue climbed.
On the downside
PTC Therapeutics (Nasdaq: PTCT) may stop selling Translarna in Germany through the German pharmacy ordering system.
PharMerica (NYSE: PMC) reported higher fourth quarter earnings but the company forecast full year earnings below expectations.
Fourth quarter earnings and revenue fell for PRA Group (Nasdaq: PRAA).
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 3 points to 1,948. Bitcoin added $1 to $424.