Upbeat Retail Sales Lift Markets

A greater than expected 1.1% gain in February retail sales lifted the markets during the midday with the Dow rising 10 points to 14,460. Nasdaq added 2 points to 3244.

On the upside

UBS upgraded Walgreen (NYSE: WAG) from a Neutral rating to a Buy rating.

Shares of Heckmann (NYSE: HEK) continued rising after reporting an unexpected profit for the fourth quarter yesterday.

National Financial Partners (NYSE: NFP) is exploring the possible sale of the wealth management services firm.

On the downside

MEMC Electronic Materials (NYSE: WFR) warned of lower prices for solar energy in 2013 and announced a possible name change to SunEdison.

TheStreet Ratings downgraded America Movil (NYSE: AMX) from a Buy rating to a Hold rating.

The New York Times reported that the local government of Wuxi, China will take over Suntech Power Holdings (NYSE: STP).

In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers outpaced decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 index added a point to 1554.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
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
Postage Rates Bots go here