Higher Open As G-20 Meet

The markets opened higher with the Dow rising 19 points to 12,337 as the Group of 20 Finance Ministers and Central Bank Governors prepared to meet this weekend. Nasdaq added a point to 2833.

On the upside

Brocade Communications (Nasdaq: BRCD) reported lower first quarter earnings but the results topped analyst estimates prompting an upgrade.

Fourth quarter earnings surged for SunPower (Nasdaq: SPWRA) to surpass expectations by a wide margin and the company raised its 2011 outlook.

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