Egyptian Unrest Sink Stocks

Widespread protests in Egypt sent the markets tumbling to a sharply lower close with the Dow plummeting 166 points to 11,823. Nasdaq sank 68 points to 2686.

On the upside

Accuray (Nasdaq: ARAY) reversed year ago losses to post an unexpected profit for the second quarter.

First quarter earnings for Ariba (Nasdaq: ARBA) surged due to the sale of the company's outsourcing unit and the business commerce solutions provider forecast current quarter revenue well ahead of analyst estimates.

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