On the upside
Humana (NYSE: HUM) posted higher 4th quarter revenues and lower profits, but the health insurer anticipated a turnaround for the business in 2009.Odyssey Marine Exploration (NYSE: OMEX) announced the discovery of the long-sought shipwreck of HMS Victory lost in 1744.
On Sunday, a Barron's article suggested that a recovery in bond holdings that had taken unrealized losses could boost Hartford Financial (NYSE: HIG) in the long-term.
On the downside
Shares of DryShips (Nasdaq: DRYS) continued to tumble after last week's announcement by the drybulk shipper that the company was in violation of some of its debt covenants.Toy maker Mattel (NYSE: MAT) posted lower revenues and profits aggravated by a strong dollar and tepid holiday sales.
Shares of Rockwell Automation (NYSE: ROK) fell sharply after the industrial parts maker slashed its 2009 outlook.
In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 3 points to 439.
