On the upside
LTX-Credence (Nasdaq: LTXC) swung to a second quarter profit that topped analyst expectations and forecast third quarter results ahead of estimates.
Excel Maritime (NYSE: EXM) reversed year ago losses to post a much higher than expected profit for the fourth quarter.
Fourth quarter earnings for Smith Micro Software (Nasdaq: SMSI) beat analyst expectations by a wide margin.
On the downside
Sunrise Senior Living (NYSE: SRZ) swung to a profit for the fourth quarter but the company announced the elimination of another thirty positions.
Dynegy (NYSE: DYN) widened fourth quarter losses as revenue tumbled.
Holly (NYSE: HOC) reported a wider than expected loss for the fourth quarter.
In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by more than 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks edged up a fraction to 630.
