FinancialContent is the trusted provider of stock market information to the media industry.
February 22, 2012 at 12:57 PM EST
Markets Slip On Greece Downgrade
The markets reacted to Fitch's downgrade of Greece by trading lower during the midday with the Dow losing 36 points to 12,929. Nasdaq fell 15 points to 2932.
On the upside
Nabors Industries (NYSE: NBR) fell to a loss for the fourth quarter but the results were better than expected.
Gannett (NYSE: GCI) announced a revitalization plan to increase revenue.
Fourth quarter earnings slipped for Sourcefire (Nasdaq: FIRE) but the results were better than expected.
On the downside
NorthStar Realty Finance (NYSE: NRF) priced its public offering of 15 million common shares at the discounted price of $5.55 per share.
Analysts expect Human Genome Sciences (Nasdaq: HGSI) to report a loss for the fourth quarter.
Forest Oil (NYSE: FST) disappointed with sharply lower fourth quarter earnings that fell far short of analyst expectations.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The Russell 2000 which tracks small cap stocks fell 5 points to 817.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here