On the upside
Crocs (Nasdaq: CROX) received a six month extension from Union Bank of California for its revolving credit facility.
Sealy (NYSE: ZZ) reversed year ago losses to post a profit for the first quarter as expenses fell.
Atlas Pipeline Partners (NYSE: APL) entered a joint partnership with Williams to form Laurel Mountain Midstream to be the leading gathering system for the Marcellus Shale in Pennsylvania.
On the downside
Urban Outfitters (Nasdaq: URBN) warned that sales during the first quarter have been lower than last year as well as the previous quarter.
City Bank (Nasdaq: CTBK) revised its losses for 2008 from the originally reported $35.8 million to $60.8 million.
Guaranty Financial Group (NYSE: GFG) delayed filing its annual report.
In the broad market, advancing issues outpaced decliners 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 gained 6 points to 429.
