FinancialContent is the trusted provider of stock market information to the media industry.
Higher Close As New Home Prices Climb

The markets closed higher with the Dow gaining 34 points to 13,080 as new home prices climbed in February. Nasdaq rose 4 points to 3067.

On the upside

Cost Plus (Nasdaq: CPWM) reported sharply higher fourth quarter earnings that beat analyst expectations as revenue rose.

TheStreet listed Camelot Information Systems (NYSE: CIS) as one of five stocks under $10 that will rise.

A Seeking Alpha contributor expects Dex One's (NYSE: DEXO) balance sheet to improve.

On the downside

A drop in February new home sales weighed down shares of Beazer Homes (NYSE: BZH) and Louisiana-Pacific (NYSE: LPX).

Weight Watchers International (NYSE: WTW) announced that it expects to accept approximately 8.78 million common shares at $82 per share from a tender offer.

Overland Storage (Nasdsaq: OVRL) priced its public offering of approximately 3.2 million common shares at the discounted price of $2.00 per share.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on the NYSE and by 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 8 points to 830.

Stock Market JSON API provided by
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
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
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