Mixed Open Ahead Of Pending Home Sales Report
On the upside
Comsys IT Partners (Nasdaq: CITP) will be acquired by Manpower (NYSE: MAN) in a deal valued at approximately $431 million.
Compugen (Nasdaq: CGEN) discovered a treatment for autoimmune disorders, CGEN-15001.
Fourth quarter earnings more than tripled for Lexmark International (NYSE: LXK) to beat expectations by a wide margin as the printing and imaging solutions company cut costs.
On the downside
Dow Chemical (NYSE: DOW) swung to a better than expected profit but investors were disappointed with weak sales in the United States and Europe.
While Suncor (NYSE: SU) reversed year ago losses to post a fourth quarter profit, the results fell far short of expectations.
First BanCorp (NYSE: FBP) swung to a fourth quarter loss as loan loss provisions surged.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The Russell 2000 which tracks small cap stocks added a fraction to 609.

