The markets opened flat with the Dow rising 16 points to 16,125 as investors continued to monitor developments in Ukraine. Nasdaq added 3 points to 4263.
On the upside
Ulta Salon (Nasdaq: ULTA) reported higher fourth quarter earnings and revenue that topped analyst estimates.
NewLead Holdings (Nasdaq: NEWL) will pay approximately $37.0 million for two eco-type Handysize bulk carriers.
Achillion Pharmaceuticals (Nasdaq: ACHN) made two presentations about the positive results of ACH-3102 in Phase 2 studies at the 23rd Asian Pacific Association for the Study of the Liver Conference 2014.
On the downside
Aeropostale (NYSE: ARO) widened fourth quarter losses more than expected and forecast current quarter earnings that fell far short of analyst expectations.
The Rosen Law Firm launched an investigation into CytRx (Nasdaq: CYTR) for possible securities fraud.
Raptor Pharmaceuticals (Nasdaq: RPTP) reported a loss for the fourth quarter.
In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 added 3 points to 1849. Bitcoin lost $8.94 or 1.40% to $629.04.