Nation's Economy Expands Less Than Expected, Markets Mixed

By: MarketMinute.com Market Updates

The markets traded mixed during the midday with the Dow rising 5 points to 10,846 while Nasdaq slipped 7 points to 2390 as the nation's economy expanded at a smaller than expected pace in the fourth quarter.

On the upside

The Finish Line (Nasdaq: FINL) reversed year ago losses to post a stronger than expected fourth quarter profit as revenue rose.

Private equity firm Thoma Bravo LLC will pay approximately $141 million in cash to acquire Plato Learning (Nasdaq: TUTR).