On the upside
Bakers Footwear Group (Nasdaq: BKRS) reported a surge in fourth quarter profit and amended its debt covenant.
Fourth quarter earnings for Lululemon Athletica (Nasdaq: LULU) nearly tripled to top estimates as revenue climbed.
Markets Soar As Bernanke Affirms Need For Low Rates
Federal Reserve Chairman Ben Bernanke affirmed the need for low interest rates to bolster the economy. The markets soared during the midday with the Dow climbing 103 points to 10,939 while Nasdaq gained 28 points to 2427.
