On the upside
The Wall Street Journal reported that Knight Capital (NYSE: KCG) may sell its market-making operations.
Bernstein Research analyst Carlos Kirjner upgraded Facebook (Nasdaq: FB) to an Outperform rating and raised his price target from $23 to $33.
On the downside
Qatar Holdings sold warrants in Barclays (NYSE: BCS).
Janney Montgomery Scott downgraded Aeropostale (NYSE: ARO) from a Buy rating to Neutral.
FBR Capital downgraded Chico's FAS (NYSE: CHS) to a Market Perform rating and trimmed its price target to $18 from $20.
In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by a margin of 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks eased a point to 805.