On the upside
InfoSpace (Nasdaq: INSP) lifted its fourth quarter guidance.
Zygo (Nasdaq: ZIGO) received an unsolicited acquisition offer of $10 per share from II-VI (Nasdaq: IIVI).
Sutor Technology (Nasdaq: SUTR) signed four new contracts to provide steel coils for approximately $25 million.
On the downside
Bebe (Nasdaq: BEBE) disappointed with second quarter same store sales that plunged 22.5%.
Christopher & Banks (NYSE: CBK) blamed a greater than anticipated tax rate for third quarter earnings that fell short of estimates.
Majesco Entertainment (Nasdaq: COOL) announced its new Pirates Plund-Arrr for the Wii to be released in April.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks rose 4 points to 641.
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