FinancialContent is the trusted provider of stock market information to the media industry.
March 08, 2012 at 17:08 PM EST
Greek Bond Swap Succeeds, Market Close Higher

The markets closed higher with the Dow climbing 70 points to 12,907 after a majority of Greece's debtholders accepted a bond swap offer. Nasdaq gained 34 points to 2970.

On the upside

MicroVision (Nasdaq: MVIS) regained compliance for Nasdaq listing.

Shares of Hovnanian Enterprises (NYSE: HOV) continued climbing after narrowing first quarter losses more than expected yesterday.


Verso Paper Holdings (Nasdaq: MDVN) plans to issue $345 million worth of senior secured notes.


On the downside


Investors locked in profits on Discovery Laboratories (Nasdaq: DSCO) whose stock price surged on Tuesday after the Food and Drug Administration approved Surfaxin to prevent respiratory distress in premature infants.


Profit taking sank shares of Men's Wearhouse (NYSE: MW), whose stock price climbed yesterday after narrowing fourth quarter losses more than expected.

Sigma Designs (Nasdaq: SIGM) disappointed by falling to a greater than expected loss for the fourth quarter.

In the broad market, advancing issues outpaced decliners by a margin of nearly 4 to 1 on the NYSE and by more than 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks soared 10 points to 806.

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
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here
   
Financial Widgets

Display market data, financial news or stock quotes - Learn More

Advertising Network

Advertise on FinancialContent's huge network - Learn More

Web Services

Power your internet and wireless applications - Learn More