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Mixed close as crude oil prices slip

Despite an upward revision of the GDP, the markets closed mixed with the Dow falling 57 points to 16,639 as crude oil prices slipped. Nasdaq rose 8 points to 4,590.


On the upside


Kindred Healthcare (NYSE: KND) swung to a greater than expected profit for the fourth quarter and forecast current quarter as well as full year earnings ahead of estimates.


Stamps.com (Nasdaq: STMP) reported a smaller than expected loss for the fourth quarter and forecast full year results above expectations.


Zoe's Kitchen (NYSE: ZOES) swung to a better than expected fourth quarter profit as revenue climbed.


On the downside


PTC Therapeutics (Nasdaq: PTCT) may stop selling Translarna in Germany through the German pharmacy ordering system.


PharMerica (NYSE: PMC) reported higher fourth quarter earnings but the company forecast full year earnings below expectations.


Fourth quarter earnings and revenue fell for PRA Group (Nasdaq: PRAA).


In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 3 points to 1,948. Bitcoin added $1 to $424.

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