On the upside
Tibco (Nasdaq: TIBX) reported fourth quarter earnings ahead of estimates and forecast first quarter revenue above expectations.
pSivida (Nasdaq: PSDV) reported positive results from two late stage clinical trials of its diabetic macular edema treatment lluvien.
Vonage (NYSE: VG) introduced an international calling plan allowing unlimited calls to more than sixty countries for a flat monthly fee.
On the downside
Tonight is the deadline for YRC Worldwide's (Nasdaq: YRCW) debt for equity exchange. Participation in the exchange has been disappointing.
Rising crude oil prices weighed down shares of United Air Lines parent UAL (Nasdaq: UAUA), American Airlines parent AMR (NYSE: AMR) and US Airways Group (NYSE: LCC).
Shares of Quantum Fuel Systems (Nasdaq: QTWW) continued to fall after receiving a noncompliance notice from the Nasdaq Stock Market last week.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 5 points to 628.
