Closing Bell: Better Than It Could Have Been (NILE, GRMN, SKIL, BWLD, DDSS, LEAP. PCS)


Today was one of those weak days where you would tell yourself, "this could have been much worse." China tightened its reserve requirements again ahead of its long week off for the Chinese New Year. Greek concerns were back out that its recession might hamper a bailout. University of Michigan sentiment surveys showed a decline versus just a month ago. And the bias is still sour... Yet today's move was not as bad as it could have been.

Here were the unofficial closing bell levels:

Dow 10,100.66 -43.53 (-0.43%)
S&P 500 1,075.88 -2.59 (-0.24%)
Nasdaq 2,183.53 +6.12 (0.28%)

Top Analyst Upgrades & Downgrades

Blue Nile, Inc. (NILE) was lower all day as earnings and guidance were a disappointment here. The good news is that this came off the lows of $45.51 today and shares were 'only' down 5.5% at $49.65 late in the trading day.

Garmin Ltd. (GRMN) was given an "add insult to injury" call by Jim Cramer when he added it to his SELL BLOCK on CNBC last night. It was on no new news since November and December. Shares were down almost 2% at $31.80 before the closing bell.

SkillSoft plc (SKIL) was up 11% at $10.84 late in the day after getting a private equity buyout at $10.80. The belief is that it may get a higher price.

Buffalo Wild Wings, Inc. (BWLD) had disappointing earnings with much tied to its costs in the quarter, and this is a company where very few expected this news. The stock was with 1% of a 52-week high yesterday. Shares were down 11% at $43,06 late in the day as traders thought this one was Buffalo Ring Stingers.

Labopharm, Inc. (DDSS) was down big after the company sold 11,764,706 new shares at $1.70 per unit for approximately $20 million. The stock was down 19.9% at $1.61 late in the day.

Leap Wireless (LEAP) was up over 2% at $14.84 late in the day on hopes that MetroPCS (PCS) would make a weekend bid after reports were out that a banker had been hired to evaluate an offer. This talk has been out there before.
Symbol Lookup
IndexesChangePrice
DJIA-111.8612,778.60
NASDAQ-17.672,909.56
S&P 500-9.591,342.36

Last updated: February 10, 2012: 01:26 PM

Hot Stocks

General Electric

18.905-0.225(-1.18)

Alcoa

10.325-0.315(-2.96)

Apple Inc

494.81+1.64(+0.33)

Google Inc 'A'

606.855-4.605(-0.75)

Bank of America

8.095-0.085(-1.04)

Wal-Mart Stores

61.50-0.46(-0.74)

Exxon Mobil Corp

83.73-1.15(-1.35)

Ford

12.41-0.28(-2.21)

Citigroup

32.92-0.74(-2.20)

IBM

191.84-1.29(-0.67)

Yahoo

16.255+0.255(+1.59)

Starbucks

48.89-0.31(-0.63)

Microsoft

30.575-0.195(-0.63)

Home Depot

45.265-0.005(-0.01)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1328898368092 ms.