On the upside
LeapFrog (NYSE: LF) impressed by swinging to a greater than expected profit for the fourth quarter as sales surged and expects significant growth in sales and earnings in 2010.
Lennar (NYSE: LEN) completed transactions with the Federal Deposit Insurance Corp. to resolve approximately 5,500 distressed residential and commercial loans.
ReneSola (NYSE: SOL) landed a contract to provide 600 megawatts of solar modules over three years to a solar company.
On the downside
While Amkor Technology (Nasdaq: AMKR) swung to a profit for the fourth quarter, the company warned of a sequential drop in first quarter revenue.
FLIR Systems (Nasdaq: FLIR) disappointed with lower fourth quarter earnings and forecast 2010 results below expectations.
Schweitzer-Mauduit International (NYSE: SWM) swung to a fourth quarter profit as sales rose but the paper and tobacco products company also announced a patent infringement lawsuit against four companies.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 6 points to 601.
