The markets opened mixed with the Dow rising 22 points to 14,469 while Nasdaq slipped 3 points to 3249 after House Republicans presented their budget.
On the upside
Glu Mobile (Nasdaq: GLUU) launched a real money mobile slot game in the UK.
An independent monitoring panel will allow Merck (NYSE: MRK) to continue a study of its cholesterol medication Vytorin.
Heckmann (NYSE: HEK) reversed year ago losses to post an unexpected profit for the fourth quarter and announced plans to change its name to Nuverra Environmental Solutions.
On the downside
CommonWealth REIT (NYSE: CWH) sold all 9.95 million common shares of Government Properties Income Trust (NYSE: GOV) that it owns.
Citigroup downgraded Red Hat (NYSE: RHT) from a Buy rating to Neutral and lowered its price target from $64 to $56.
Lexington Realty Trust (NYSE: LXP) priced its public offering of 20 million common shares at the discounted price of $11.70.
In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 index held steady at 1556.
