Falling Consumer Sentiment Tempers Upbeat Retail Sales, Markets Flat
On the upside
Although ATO Oil & Gas (Nasdaq: ATPG) reported a fourth quarter loss, reserves have been replaced 376%.
Ener1 (Nasdaq: HEV) narrowed losses for the fourth quarter and announced the completion of a $118.5 million Department of Energy grant.
Quiksilver (NYSE: ZQK) narrowed first quarter losses more than expected even as revenue slipped.
On the downside
Broadwind Energy (Nasdaq: BWEN) blamed charges for widening fourth quarter losses.
G. Willi-Food International (Nasdaq: WILC) priced its public offering of more than 3.3 million shares at $6.05 per share.
Smith & Wesson (NYSE: SWHC) reported flat third quarter earnings as revenue fell short of estimates and the gun maker forecast disappointing fourth quarter results.
In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while decliners outpaced advancers by a margin of nearly 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 2 points to 674.
