On the upside
Deutsche Securities upgraded Hexcel (NYSE: HXL).Spartech (NYSE: SEH) suspended its quarterly dividend in order to reduce debt and invest.
Prudential Financial (NYSE: PRU) renewed its shelf registration statement in order to offer debt securities.
On the downside
Brigham Exploration (Nasdaq: BEXP) widened fourth quarter losses as expenses climbed.
Ferro (NYSE: FOE) amended its credit agreement to gain more flexibility.
Danaos (NYSE: DAC) reported flat fourth quarter earnings.
In the broad market, advancing issues outpaced decliners by a margin of nearly 8 to 1 on the NYSE and by nearly 5 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks jumped 24 points to 390.
