On the upside
Although Career Education (Nasdaq: CECO) reported lower fourth quarter revenue, earnings surged as costs dropped.
Second quarter earnings for Intuit (Nasdaq: INTU) fell but the results surpassed analyst expectations.
Cabela's (NYSE: CAB) fourth quarter earnings dropped but the results topped estimates.
On the downside
Chiquita Brands International (NYSE: CQB) blamed significant charges for sharply wider fourth quarter losses.
Century Aluminum (Nasdaq: CENX) cited hefty one-time charges for widening fourth quarter losses.
CIBER (NYSE: CBR) will offer 8 million shares of common stock at $2.75 per share.
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 1 on the NYSE and by nearly 3 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks plunged 12 points to 405.